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Nonprofiteer
← BOSTON CENTER FOR THE ARTS INC

Form 990 for tax year 2023

Filed by BOSTON CENTER FOR THE ARTS INC.

Totals

Total revenue
$3,312,174
Total expenses
$4,741,695
Contributions and grants received
$1,078,805
Grants paid
$0
Program service revenue
$1,839,248
Investment income
$81,585
Other revenue
$312,536
Total assets, end of year
$26,784,144
Total liabilities, end of year
$1,676,461
Net assets or fund balances, end of year
$25,107,683
Program services expenses (Part IX)
$3,099,919
Management and general expenses
$744,673
Fundraising expenses
$897,103
Program service expenses (Part III)
$3,099,919

Program services were 65.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $38,944

  • 1e · Government grants (contributions)

    $136,413

  • 1f · All other contributions, gifts and grants

    $903,448

  • 1g · Noncash contributions included above

    $19,997

  • 2a · Program service revenue: OTHER PROGRAM RENTAL

    total $786,872 · related or exempt $786,872

  • 2b · Program service revenue: CYCLORAMA EVENT RENTAL

    total $557,472 · related or exempt $557,472

  • 2c · Program service revenue: STUDIO PROGRAM RENTAL

    total $243,497 · related or exempt $243,497

  • 2d · Program service revenue: PERFORMING ARTS RENTAL

    total $204,128 · related or exempt $204,128

  • 2e · Program service revenue: PROGRAM REVENUE - OTHE

    total $47,279 · related or exempt $47,279

  • 3 · Investment income

    total $56,959 · excluded $56,959

  • 6a · Gross rents

    real property $317,800

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $317,800

  • 6d · Net rental income or loss

    total $317,800 · excluded $317,800

  • 7a · Gross sales of assets other than inventory

    securities $691,436

  • 7b · Less cost or other basis and sales expenses

    securities $666,810

  • 7c · Gain or loss

    securities $24,626

  • 7d · Net gain or loss

    total $24,626 · excluded $24,626

  • 8a · Fundraising events: gross income

    $13,607

  • 8a · Fundraising events: contributions included on line 1c

    $38,944

  • 8b · Fundraising events: direct expenses

    $18,871

  • 8c · Net income from fundraising events

    total -$5,264 · excluded -$5,264

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $344,068 · program services $146,783 · management and general $129,950 · fundraising $67,335

  • 7 · Other salaries and wages

    total $1,496,488 · program services $886,294 · management and general $113,195 · fundraising $496,999

  • 9 · Other employee benefits

    total $213,156 · program services $124,352 · management and general $17,587 · fundraising $71,217

  • 10 · Payroll taxes

    total $131,273 · program services $73,983 · management and general $16,666 · fundraising $40,624

  • 11b · Fees: legal

    total $69 · management and general $69

  • 11c · Fees: accounting

    total $191,260 · management and general $191,260

  • 11f · Fees: investment management

    total $6,489 · management and general $6,489

  • 11g · Fees: other

    total $419,550 · program services $291,977 · management and general $22,253 · fundraising $105,320

  • 12 · Advertising and promotion

    total $52,361 · fundraising $52,361

  • 13 · Office expenses

    total $9,745 · program services $5,210 · management and general $1,597 · fundraising $2,938

  • 14 · Information technology

    total $49,067 · program services $27,712 · management and general $6,244 · fundraising $15,111

  • 16 · Occupancy

    total $543,585 · program services $510,641 · management and general $29,780 · fundraising $3,164

  • 19 · Conferences, conventions and meetings

    total $20,127 · program services $13,532 · management and general $340 · fundraising $6,255

  • 20 · Interest

    total $33,710 · program services $4,825 · management and general $28,885

  • 22 · Depreciation, depletion and amortization

    total $846,690 · program services $679,844 · management and general $166,846

  • 23 · Insurance

    total $133,562 · program services $122,773 · management and general $9,753 · fundraising $1,036

  • 24a · Other expenses: PROGRAM EXPENSE

    total $148,065 · program services $146,217 · management and general $223 · fundraising $1,625

  • 24b · Other expenses: MISCELLANEOUS

    total $66,143 · program services $42,042 · management and general $3,536 · fundraising $20,565

  • 24c · Other expenses: EQUIPMENT RENTALS

    total $34,618 · program services $23,734 · fundraising $10,884

  • 24d · Other expenses: SPECIAL EVENT

    total $1,669 · fundraising $1,669

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $399,756 · end of year $439,917

  • 2 · Savings and temporary cash investments

    beginning of year $418,540 · end of year $383,520

  • 3 · Pledges and grants receivable

    beginning of year $315,713 · end of year $275,117

  • 4 · Accounts receivable

    beginning of year $40,128 · end of year $79,662

  • 9 · Prepaid expenses and deferred charges

    beginning of year $59,039 · end of year $6,832

  • 10a · Land, buildings and equipment: cost or other basis

    $34,207,119

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,455,408

  • 10c · Land, buildings and equipment, net

    beginning of year $25,430,242 · end of year $24,751,711

  • 11 · Investments: publicly traded securities

    beginning of year $1,165,887 · end of year $708,400

  • 12 · Investments: other securities

    beginning of year $116,686 · end of year $120,798

  • 15 · Other assets

    beginning of year $38,828 · end of year $18,187

  • 17 · Accounts payable and accrued expenses

    beginning of year $363,510 · end of year $519,079

  • 19 · Deferred revenue

    beginning of year $197,307 · end of year $238,320

  • 23 · Secured mortgages and notes payable

    beginning of year $850,000 · end of year $900,000

  • 25 · Other liabilities

    beginning of year $40,357 · end of year $19,062

  • 27 · Net assets without donor restrictions

    beginning of year $25,872,608 · end of year $24,365,610

  • 28 · Net assets with donor restrictions

    beginning of year $661,037 · end of year $742,073

Mission and programs · 2023

Mission

BOSTON CENTER FOR THE ARTS (BCA) IS A NOT-FOR-PROFIT PERFORMING AND VISUAL ARTS CAMPUS THAT SUPPORTS WORKING ARTISTS TO CREATE, PERFORM AND EXHIBIT NEW WORKS; DEVELOPS NEW AUDIENCES; AND CONNECTS THE ARTS TO COMMUNITY.

  • BOSTON CENTER FOR THE ARTS SUPPORTS AND PRESENTS ARTISTS IN THE VISUAL AND PERFORMING ARTS TO CREATE, PERFORM AND EXHIBIT NEW AND EXPERIMENTAL WORKS. THE BCA HOSTS AND PRESENTS GALLERY EXHIBITIONS, PUBLIC ART, THEATRICAL PERFORMANCES, MUSIC CONCERTS, DANCE PERFORMANCES AND MIXED MEDIA EVENTS IN ITS VISUAL ART, THEATRE AND CYCLORAMA SPACES.

    Expenses $3,099,919 · Revenue $1,839,248

As filed on the 2023 return.

Listed in Part VII

  • Jennifer Pinck

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Molly McDonald

    CO-VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Amanda Accardi

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Randall Walther

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Sean Curran

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Rashin Fahandej

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Karen Kelley Gill

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Hannah Kanstroom

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Paul Miller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Jeffrey Saviano

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Bianca Sigh Ward

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Jonathan Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Stacy Sweeney

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Louis Tucciarone

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Maria Melone

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Cigdem Oktem

    BOARD MEMBER (UNTIL 11/2023)

    Total calculated
    $0
    Hours/week
    2

  • Juanita Forsythe

    BOARD MEMBER (UNTIL 1/2024)

    Total calculated
    $0
    Hours/week
    2

  • Emily Day

    CO-ED (UNTIL 4/2024)

    Total calculated
    $164,912
    From this org
    $151,081
    From related orgs
    $0
    Other
    $13,831
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,081
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $13,831
    Filer's total
    $164,912

  • Kristi Keefe

    CO-ED (UNTIL 4/24)/CEO (AS OF 04/24)

    Total calculated
    $170,470
    From this org
    $149,086
    From related orgs
    $0
    Other
    $21,384
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,086
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $21,384
    Filer's total
    $170,470

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
16 February 2025
IRS schema version
2023v6.0
Source object
202520479349300107

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