Boston Public Market

Organization Overview

Boston Public Market is located in Boston, MA. The organization was established in 2010. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2019, Boston Public Market employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Boston Public Market generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.4%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.OUR MISSION IS TO CONTINUE TO DEVELOP AND OPERATE A PERMANENT YEAR-ROUND MARKET IN BOSTON AND TO SUPPORT THE FARMERS, FISHERS, AND ENTREPRENEURS WHO GROW, CATCH, AND PRODUCE LOCAL FOOD, AND TO NOURISH OUR COMMUNITY WITH FOOD AND EXPERIENCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FARMERS MARKETS-IN ADDITION TO THE DEVELOPMENT AND OPERATION OF THE BOSTON PUBLICMARKET, THE BPMA OPERATES TWO SEASONAL FARMERS MARKETS IN DOWNTOWNBOSTON THAT GIVE OVER 25 LOCAL VENDORS AN URBAN SETTING TO SELL THEIRFOOD PRODUCTS. ALL ELIGIBLE VENDORS AT THE FARMERS MARKETS ANDTHE PERMANENT PUBLIC MARKET ACCEPT WIC, SENIOR COUPONS, ANDPARTICIPATE IN OUR EBT/SNAP MATCHING PROGRAM THAT ALLOWS CONSUMERS TORECEIVE DOUBLE VALUE ON PRODUCE UP TO $40 PER MONTH. FARMERS MARKETSOFFER FREE EDUCATIONAL PROGRAMMING FOR BOTH CUSTOMERS AND MEMBERS OFTHE COMMUNITY, AND ALLOW RELATED NON-PROFIT ORGANIZATIONS TOCOLLABORATE.


DEVELOPMENT AND OPERATION OF A PERMANENT MARKET -THE BOSTON PUBLIC MARKET ASSOCIATION, INC. IS THE DEVELOPER AND OPERATOR OF THE BOSTON PUBLIC MARKET (BPMA) THAT OPENED IN JULY 2015.BPMA INVESTED ADDITIONAL RESOURCES IN MARKETING, DEVELOPMENT, SMALL BUSINESS SUPPORT, AND RENT SUBSIDIES FOR ITS PERMANENT VENDORS. BPMA ALSO OPERATED A SUCCESSFUL SHORT-TERM VENDOR PROGRAM, PROVIDING AN OPPORTUNITY FOR OVER 45 DIFFERENT SMALL FOOD BUSINESSES TO SELL IN THE MARKET ON A WEEKLY BASIS. WITH OVER 2.5 MILLION VISITORS IN 2018, BPMA HAS CONTINUED TO OPERATE THE MARKET AS A PUBLIC, CIVIC SPACE WHERE ALL ARE WELCOME AND EVERY MEMBER OF THE COMMUNITY CAN LEARN MORE ABOUT THE LOCAL FOOD SYSTEM FROM SMALL, INDEPENDENT NEW ENGLAND FOOD BUSINESSES.


FARMERS MARKETS-IN ADDITION TO THE DEVELOPMENT AND OPERATION OF THE BOSTON PUBLICMARKET, THE BPMA OPERATES TWO SEASONAL FARMERS MARKETS IN DOWNTOWNBOSTON THAT GIVE OVER 25 LOCAL VENDORS AN URBAN SETTING TO SELL THEIRFOOD PRODUCTS. ALL ELIGIBLE VENDORS AT THE FARMERS MARKETS ANDTHE PERMANENT PUBLIC MARKET ACCEPT WIC, SENIOR COUPONS, ANDPARTICIPATE IN OUR EBT/SNAP MATCHING PROGRAM THAT ALLOWS CONSUMERS TORECEIVE DOUBLE VALUE ON PRODUCE UP TO $40 PER MONTH. FARMERS MARKETSOFFER FREE EDUCATIONAL PROGRAMMING FOR BOTH CUSTOMERS AND MEMBERS OFTHE COMMUNITY, AND ALLOW RELATED NON-PROFIT ORGANIZATIONS TOCOLLABORATE.


DEVELOPMENT AND OPERATION OF A PERMANENT MARKET -THE BOSTON PUBLIC MARKET ASSOCIATION, INC. IS THE DEVELOPER AND OPERATOR OF THE BOSTON PUBLIC MARKET (BPMA) THAT OPENED IN JULY 2015.BPMA INVESTED ADDITIONAL RESOURCES IN MARKETING, DEVELOPMENT, SMALL BUSINESS SUPPORT, AND RENT SUBSIDIES FOR ITS PERMANENT VENDORS. BPMA ALSO OPERATED A SUCCESSFUL SHORT-TERM VENDOR PROGRAM, PROVIDING AN OPPORTUNITY FOR OVER 45 DIFFERENT SMALL FOOD BUSINESSES TO SELL IN THE MARKET ON A WEEKLY BASIS. WITH OVER 2.5 MILLION VISITORS IN 2018, BPMA HAS CONTINUED TO OPERATE THE MARKET AS A PUBLIC, CIVIC SPACE WHERE ALL ARE WELCOME AND EVERY MEMBER OF THE COMMUNITY CAN LEARN MORE ABOUT THE LOCAL FOOD SYSTEM FROM SMALL, INDEPENDENT NEW ENGLAND FOOD BUSINESSES.


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Board, Officers & Key Employees

Name (title)Compensation
Cheryl Cronin
CEO
$156,792
Donald Wiest
Vice Chair
$0
Robert Tuchmann
Board Chair
$0
David Clark
Treasurer
$0
Charles Steelfisher
Director
$0
Lauren Stein
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Compass Facility Service
Janitorial
$184,052
Alliance Detective & Security Services
Security
$143,006
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$113,940
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$39,602
Noncash contributions included in lines 1a–1f $30,000
Total Revenue from Contributions, Gifts, Grants & Similar$153,542
Total Program Service Revenue$1,541,462
Investment income $843
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$23,073
Net Income from Fundraising Events $60,446
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$1,122
Miscellaneous Revenue$0
Total Revenue $1,737,815

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Boston Public Market has recieved totaling $12,700.

Awarding OrganizationAmount
Boston Foundation Inc

Boston, MA

PURPOSE: Operating Support/Annual Fund

$7,500
Harvard Pilgrim Health Care Foundation Inc

Wellesley, MA

PURPOSE: FOOD ACCESS SUPPORT

$5,200
View Grant Recipient Profile

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