Boston Bluegrass Union Inc
- Assets
- $427.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Newton, MA
- Founding
- 11/1991
- Data as of
- 06/2024
- EIN
- 22-2779696
Organization Overview
Boston Bluegrass Union Inc is located in West Newton, MA. The organization was established in 1991. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Boston Bluegrass Union 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 06/2024, Boston Bluegrass Union Inc generated $47.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $44.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 8 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
2024
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PRODUCED 1 CONCERT, 1 FESTIVAL, WORKSHOPS AND EDUCATIONAL PROGRAMS FOR MUSICIANS AND PATRONS IN AN EFFORT TO PRESERVE AND PROMOTE TRADITIONAL BLUEGRASS MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stan Zdonik President Director | 2 | $0 | |
Tony Watt Vice President Director | 2 | $0 | |
Mark Therieau Treasurer | 2 | $0 | |
Gail Wiegner Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $246 |
| Total Program Service Revenue | $34,134 |
| Membership dues | $2,750 |
| Investment income | $8,256 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,924 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,028 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $788 |
| Other expenses | $37,996 |
| Total expenses | $44,812 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $426,952 |
| Other assets | $0 |
| Total assets | $426,952 |
| Total liabilities | $0 |
| Net assets or fund balances | $426,952 |