Etm-Massachusetts Inc

Analysis

Etm-Massachusetts Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 2019, 7 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 June 2023, Etm-Massachusetts Inc reported income of $260k and spending of $270k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $280k to $260k (-6.9%), an average of -6.9% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Etm-Massachusetts Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Gracie Mansion Conservancy ($260k), Telluride Blues Society a Colorado Non Profit Corporation ($261k) and Delmarva Discovery Center & Museum Inc ($260k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $97k (36% of expenses). Other salaries and wages came to $63k. At year end it held assets of $13k against liabilities of $8,325, net assets of $4,196. It reported 3 employees.