Boston Early Music Festival Inc
- Assets
- $855.3k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 8
- Location
- Cambridge, MA
- Founding
- 02/1981
- Data as of
- 06/2021
- EIN
- 04-2704827
Organization Overview
Boston Early Music Festival Inc is located in Cambridge, MA. The organization was established in 1981. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Boston Early Music Festival Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Early Music Festival Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Boston Early Music Festival Inc generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $1.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PROMOTION OF PUBLIC INTEREST IN MUSIC WRITTEN & RECORDED BEFORE 1800
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL EARLY MUSIC SERIES CONCERTS AND EXHIBITION & RECORDINGS OF CONCERTS TO PROMOTE PUBLIC INTEREST IN MUSIC WRITTEN AND COMPOSED BEFORE 1800.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Fay Exec Director | Officer | 40 | $117,660 |
Adrian C Touw Treas & Director | OfficerTrustee | 1 | $0 |
David Halstead President & Director | OfficerTrustee | 1 | $0 |
Bernice K Chen Chair & Director | OfficerTrustee | 1 | $0 |
Peter L Faber Clerk & Director | OfficerTrustee | 1 | $0 |
Susan L Robinson V Pres & Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $180,693 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,481,148 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,661,841 |
| Total Program Service Revenue | $190,693 |
| Investment income | $22 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,852,556 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,660 |
| Compensation of current officers, directors, key employees. | $117,660 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $385,877 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,555 |
| Payroll taxes | $43,207 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,601 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,703 |
| Travel | $7,069 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,881 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,576 |
| All other expenses | $245,548 |
| Total functional expenses | $1,582,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $575,386 |
| Savings and temporary cash investments | $12,553 |
| Pledges and grants receivable | $62,611 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,149 |
| Prepaid expenses and deferred charges | $6,940 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $184,656 |
| Total assets | $855,295 |
| Accounts payable and accrued expenses | $71,217 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $21,500 |
| Secured mortgages and notes payable | $163,336 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $116,456 |
| Total liabilities | $372,509 |
| Net assets without donor restrictions | $482,786 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $855,295 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Boston Early Music Festival Inc has recieved totaling $700.
| Awarding Organization | Amount |
|---|---|
Konstantin Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $500 |
Whitman Family Foundation Birmingham, MI PURPOSE: TO HELP SUPPORT LIVE CONCERTS. | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Handel And Haydn Society Boston, MA | $29,038,335 | $22,868,295 |
Groton Hill Music Inc Groton, MA | $210,830,113 | $41,196,688 |
Newport Festivals Foundation Inc Essex, MA | $20,080,911 | $11,132,304 |
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
Rockport Music Inc Rockport, MA | $31,791,427 | $3,720,672 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |
Original Music Workshop Inc Brooklyn, NY | $4,224,196 | $2,706,667 |