Buzzards Bay Musicfest Inc
- Assets
- $155.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marion, MA
- Founding
- 04/1997
- Data as of
- 09/2022
- EIN
- 04-3348323
Organization Overview
Buzzards Bay Musicfest Inc is located in Marion, MA. The organization was established in 1997. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buzzards Bay Musicfest 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 09/2022, Buzzards Bay Musicfest Inc generated $48.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $19.1k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (15.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE RECREATION TO PEOPLE IN THE BUZZARDS BAY AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna L Tufts Executive Dir. | 10 | $10,000 | |
Virginia Boone Director | 0 | $0 | |
Andy Kotsatos Director | 0 | $0 | |
Sally Conkright President & Dir | 0 | $0 | |
Adam Foster Director | 0 | $0 | |
Sheila Converse Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,982 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$80,809 |
| Other Revenue | $2,863 |
| Total Revenue | $48,036 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,072 |
| Professional fees and other payments to independent contractors | $1,725 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $991 |
| Other expenses | $5,346 |
| Total expenses | $19,134 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $140,393 |
| Other assets | $0 |
| Total assets | $155,393 |
| Total liabilities | $859 |
| Net assets or fund balances | $154,534 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Buzzards Bay Musicfest Inc has recieved totaling $5,750.
| Awarding Organization | Amount |
|---|---|
Harbor Oaks Foundation Tr Marion, MA PURPOSE: IN MEMORY OF CHARLES PAULSEN | $2,000 |
The Maurice And Annie Makepeace Family Foundation Marion, MA PURPOSE: UNRESTRICTED | $1,500 |
Quarterdeck Foundation Marion, MA PURPOSE: UNRESTRICTED | $1,000 |
Ludes Family Foundation Marion, MA PURPOSE: UNRESTRICTED | $500 |
The Lee L And Judith E Selwyn Found Ation Chestnut Hill, MA PURPOSE: SUPPORT CULTURAL PROGRAMS | $500 |
Willow Creek Charitable Foundation Marion, MA PURPOSE: UNRESTRICTED | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
French Institute-Alliance Francaise New York, NY | $24,965,114 | $8,095,199 |
Center For Jewish History Inc New York, NY | $52,466,984 | $9,804,079 |
National Yiddish Book Center Inc Amherst, MA | $63,979,400 | $12,290,218 |
Hispanic Society Of America New York, NY | $100,790,486 | $5,124,176 |
Columbus Citizens Foundation Inc New York, NY | $32,932,983 | $6,043,809 |
Swiss Institute New York, NY | $5,483,468 | $4,486,430 |
The Workmens Circle Arbeter Ring Incorporated New York, NY | $40,155,204 | $3,248,855 |
An Claidheamh Soluis Inc New York, NY | $72,072,476 | $13,153,865 |
Circle Lodge-Camp Kinder Ring Of The Workmens Circle Incorporated Hopewell Junction, NY | $6,012,413 | $4,542,835 |
Tibet House Inc New York, NY | $7,378,902 | $3,678,339 |
Spanish Speaking Elderly Council - Raices Inc Brooklyn, NY | $947,855 | $3,320,048 |
English Speaking Union Of The United States New York, NY | $30,832,644 | $4,010,219 |