Boston Comic Arts Foundation Limited is located in Salem, MA. The organization was established in 2015. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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 Comic Arts Foundation Limited 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 12/2023, Boston Comic Arts Foundation Limited generated $140.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 32.0% each year . All expenses for the organization totaled $99.2k during the year ending 12/2023. While expenses have increased by 28.5% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
PRODUCED 4 COMIC ARTS FESTIVALS FEATURING OVER 300 ARTISTS WITH OVER 60 ARTS AND EDUCATIONAL PROGRAMS, CREATOR PANELS AND AUTHOR PRESENTATIONS. AWARDED GRANTS TO 15 ARTISTS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Daniel Mazur Festival Director | 20 | $0 | |
| Michelle Lamb Executive Director | 40 | $3,750 | |
| Rebecca Viola Treasurer | 1 | $0 | |
| Zachary Clemente President | 1 | $0 | |
| Brigid Alverson Clerk | 1 | $0 | |
| Cagen Luse Festival Director | 20 | $1,000 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,104 | 
| Total Program Service Revenue | $30,169 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $140,273 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $5,800 | 
| Professional fees and other payments to independent contractors | $23,955 | 
| Occupancy, rent, utilities, and maintenance | $7,735 | 
| Printing, publications, postage, and shipping | $18,777 | 
| Other expenses | $42,893 | 
| Total expenses | $99,160 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,795 | 
| Other assets | $0 | 
| Total assets | $87,795 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $87,795 |