Boston Art Review Inc

Analysis

Boston Art Review Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boston Art Review Inc reported income of $238k and spending of $150k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $238k (+137%), an average of +137% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boston Art Review Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Music and Youth Initiative Inc ($238k), Ibla Foundation ($239k) and Massachusetts Institute for Psychoanalysis Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 17% of the total. Other salaries and wages came to $31k. It paid $5,000 in professional fundraising fees. At year end it held assets of $146k against liabilities of $1,541, net assets of $145k. It reported 4 employees.