Boston Arts Summer Institute Inc
- Assets
- $126.9k
- Revenue
- $62.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Needham, MA
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-2807666
Organization Overview
Boston Arts Summer Institute Inc is located in Needham, MA. The organization was established in 2009. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Arts Summer Institute 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 12/2022, Boston Arts Summer Institute Inc generated $62.5k 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 (48.6%) each year. All expenses for the organization totaled $127.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Boston Arts Summer Institute Inc has awarded 48 individual grants totaling $450,800. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT AND GRANTS TO CHARITABLE ORGANIZATIONS IN SUPPORT OF THE ARTS AND OTHER CHARITABLE ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Cutler Calmas President | 0 | $0 | |
Jacqueline Liebergott Treasurer | 0 | $0 | |
Paul G Roberts Clerk | 0 | $0 | |
Mikko Nissinen Director | 0 | $0 | |
Robert Orchard Director | 0 | $0 | |
Susan Darian Director | 10 | $31,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Susan Darian | 12/30/17 | $160,000 |
Boston Ems Special Events | 12/30/17 | $26,225 |
City Of Boston | 12/30/17 | $80,491 |
Mungo Creative Group | 12/30/17 | $24,000 |
Charles Group Consulting | 12/30/17 | $20,000 |
City Of Boston | 12/30/17 | $80,491 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $62,500 |
| Interest on Savings | $15 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,515 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $33,260 |
| Total operating and administrative expenses | $64,760 |
| Contributions, gifts, grants paid | $62,500 |
| Total expenses and disbursements | $127,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,896 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $126,896 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Boston Arts Summer Institute Inc has awarded $62,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS EMERSON PURPOSE: CHARITABLE PURPOSES | $20,000 |
BOSTON ARTS ACADEMY FOUNDATION PURPOSE: CHARITABLE PURPOSES | $4,000 |
BOSTON BALLET PURPOSE: CHARITABLE PURPOSES | $5,000 |
BOSTON JEWISH FILM PURPOSE: CHARITABLE PURPOSES | $2,000 |
CELEBRITY SERIES OF BOSTON PURPOSE: CHARITABLE PURPOSES | $6,500 |
COMMONWEALTH SHAKESPEARE COMPANY PURPOSE: CHARITABLE PURPOSES | $1,500 |