← ARTS & BUSINESS COUNCIL OF GREATER BOSTON INC

Form 990 for tax year 2022

Filed by ARTS & BUSINESS COUNCIL OF GREATER BOSTON INC.

Totals

Total revenue: $1,470,654
Total expenses: $1,401,092
Contributions and grants received: $1,271,062
Grants paid: $720,993
Program service revenue: $191,128
Investment income: $3,747
Other revenue: $4,717
Total assets, end of year: $2,249,876
Total liabilities, end of year: $103,148
Net assets or fund balances, end of year: $2,146,728
Program services expenses (Part IX): $1,154,051
Management and general expenses: $184,237
Fundraising expenses: $62,804
Program service expenses (Part III): $1,154,051

Program services were 82.4% 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.

1e · Government grants (contributions)

$300,300
1f · All other contributions, gifts and grants

$970,762
1g · Noncash contributions included above

$5,329
2a · Program service revenue: PROGRAM SERVICE FEES

total $141,678 · related or exempt $141,678
2b · Program service revenue: EDUCATIONAL/WORKSHOP F

total $49,450 · related or exempt $49,450
3 · Investment income

total $3,747 · excluded $3,747
6a · Gross rents

real property $4,717
6b · Less rental expenses

real property $0
6c · Rental income or loss

real property $4,717
6d · Net rental income or loss

total $4,717 · related or exempt $4,717

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $720,993 · program services $720,993
5 · Compensation of officers, directors and key employees

total $172,627 · program services $113,538 · management and general $26,752 · fundraising $32,337
7 · Other salaries and wages

total $180,575 · program services $159,215 · management and general $18,917 · fundraising $2,443
8 · Pension plan contributions

total $12,673 · program services $10,854 · management and general $1,305 · fundraising $514
10 · Payroll taxes

total $45,471 · program services $35,247 · management and general $5,838 · fundraising $4,386
11c · Fees: accounting

total $69,056 · management and general $69,056
11g · Fees: other

total $141,926 · program services $87,929 · management and general $36,847 · fundraising $17,150
12 · Advertising and promotion

total $205 · management and general $205
13 · Office expenses

total $27,418 · program services $15,272 · management and general $8,718 · fundraising $3,428
17 · Travel

total $15,397 · program services $5,684 · management and general $7,167 · fundraising $2,546
23 · Insurance

total $14,751 · program services $5,319 · management and general $9,432

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $479,234 · end of year $439,515
2 · Savings and temporary cash investments

beginning of year $728,803 · end of year $1,547,490
3 · Pledges and grants receivable

beginning of year $330,000 · end of year $209,900
4 · Accounts receivable

beginning of year $31,838 · end of year $16,017
9 · Prepaid expenses and deferred charges

beginning of year $18,512 · end of year $6,254
10a · Land, buildings and equipment: cost or other basis

$0
10c · Land, buildings and equipment, net

beginning of year $2,882,721
15 · Other assets

beginning of year $37,298 · end of year $30,700
17 · Accounts payable and accrued expenses

beginning of year $146,419 · end of year $103,148
19 · Deferred revenue

beginning of year $30,000
23 · Secured mortgages and notes payable

beginning of year $1,504,000
27 · Net assets without donor restrictions

beginning of year $2,440,614 · end of year $1,716,165
28 · Net assets with donor restrictions

beginning of year $387,373 · end of year $430,563

Mission and programs · 2022

Mission

TO PROVIDE DIRECT LEGAL/BUSINESS SERVICES, EDUCATIONAL PROGRAMS, AND AFFORDABLE ARTS SPACES FOR ARTISTS AND ARTS/CULTURAL ORGANIZATIONS.

VARIETY OF LEGAL AND BUSINESS SERVICES FOR ARTISTS AND ARTS/CULTURAL ORGANIZATIONS, OFTEN PROVIDED PRO BONO. THESE SERVICES INCLUDE PROVIDING SAFE, AFFORDABLE, PERMANENT ARTIST WORK SPACES WHERE WORK IS MADE, REHEARSED AND SHARED. IN FY 2023 MORE THAN 500 ARTISTS BENEFITTED FROM THESE PROGRAMS.

Expenses $1,154,051 · Grants $720,993 · Revenue $191,128

As filed on the 2022 return.

Listed in Part VII

Sean NewthSEAN NEWTH

BOARD MEMBER

Total calculated

$0

Hours/week

4
Marisa Murtagh EsqMARISA MURTAGH ESQ

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Jim BuzaJIM BUZA

TREASURER

Total calculated

$0

Hours/week

1.5 + 1 related
Alex GavisALEX GAVIS

BOARD MEMBER

Total calculated

$0

Hours/week

1
Kristin D'AmbrosioKRISTIN D'AMBROSIO

BOARD MEMBER

Total calculated

$0

Hours/week

1
Michele Barnett BergMICHELE BARNETT BERG

FORMER BOARD MEMBER

Total calculated

$0

Hours/week

1
Dayla Arabella SanturriDAYLA ARABELLA SANTURRI

BOARD MEMBER

Total calculated

$0

Hours/week

1
Cheryl TougiasCHERYL TOUGIAS

PRESIDENT

Total calculated

$0

Hours/week

1 + 1 related
Glenn G PudelkaGLENN G PUDELKA

BOARD MEMBER

Total calculated

$0

Hours/week

1
Joanne KaliontzisJOANNE KALIONTZIS

BOARD MEMBER

Total calculated

$0

Hours/week

1 + 1 related
Kathleen Gondek PhDKATHLEEN GONDEK PHD

BOARD MEMBER

Total calculated

$0

Hours/week

1
Allison O'NeilALLISON O'NEIL

BOARD MEMBER

Total calculated

$0

Hours/week

1
Ruxandra TentisRUXANDRA TENTIS

BOARD MEMBER

Total calculated

$0

Hours/week

1
Amanda EckhoffAMANDA ECKHOFF

BOARD MEMBER

Total calculated

$0

Hours/week

1
Awilda IrizarryAWILDA IRIZARRY

CLERK

Total calculated

$0

Hours/week

1 + 1 related
David GuerraDAVID GUERRA

BOARD MEMBER

Total calculated

$0

Hours/week

1
Lisa NickersonLISA NICKERSON

BOARD MEMBER

Total calculated

$0

Hours/week

1 + 1 related
Saira TanejaSAIRA TANEJA

BOARD MEMBER

Total calculated

$0

Hours/week

1
Stacy ReedSTACY REED

BOARD MEMBER

Total calculated

$0

Hours/week

1
Bithyah IsraelBITHYAH ISRAEL

BOARD MEMBER

Total calculated

$0

Hours/week

1
Ayana MackAYANA MACK

BOARD MEMBER

Total calculated

$0

Hours/week

1
James Grace EsqJAMES GRACE ESQ

EXECUTIVE DIRECTOR

Total calculated

$170,934

From this org

$151,192

From related orgs

$13,500

Other

$6,242

Hours/week

37 + 3 related

Schedule J breakdown matched by us

Base

$151,192 + $13,500 related

Bonus

$0

Other

$0

Deferred

$6,242

Nontaxable benefits

$0

Filer's total

$157,434 + $13,500 related

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 · 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

BATTLE OF THE BIOTECH BANDS

$284,078

FISCAL SPONSORSHIP
THE RECORD COMPANY INC

$200,000

FISCAL SPONSORSHIP
HUB AND SPOKE

$77,528

FISCAL SPONSORSHIP
ART IN THE PARK

$56,267

FISCAL SPONSORSHIP
BILLBOARD HOPE

$21,683

FISCAL SPONSORSHIP
GUY MENDILOW ENSEMBLE

$21,306

FISCAL SPONSORSHIP
THE CHARLOTTE FORTEN PROJECT

$15,928

FISCAL SPONSORSHIP
BOSTON HASSLE

$12,326

FISCAL SPONSORSHIP

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

WESTERN AVENUE COMMUNITY FOR THE ARTS INC

501(C)(3) · AFFORDABLE LIVE/WORK SPACE FOR ARTISTS · MA

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

CREATIVE CAMPUS ABC WORCESTER INC

C · REAL ESTATE DEVELOPMENT · MA · 100% owned

Directly controlled by ARTS & BUSINESS COUNCIL OF GREATER BOSTON INC

Provenance

Return type: form_990
Tax year: 2022
Filed: 19 February 2024
IRS schema version: 2022v5.0
Source object: 202430509349300958

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