Bay State Performing Arts Inc
EIN: 521255775 · Boston, MA · NTEE: A6BZ
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Net Assets | $631K |
Is Bay State Performing Arts Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bay State Performing Arts Inc
Bay State Performing Arts Inc (EIN: 521255775) is a nonprofit organization based in Boston, MA, classified under NTEE code A6BZ. The organization reported total revenue of $1.0M and total assets of $837K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bay State Performing Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bay State Performing Arts Inc is a mid-size nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-53,770 |
| Total Assets | $683K |
| Total Liabilities | $51K |
| Net Assets | $631K |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 7.5% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2023, Bay State Performing Arts Inc reported a deficit of $54K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 7.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bay State Performing Arts Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | +9.8% | -4.9% |
| 2022 | +36.5% | +87.3% | +10.3% |
| 2021 | -10.8% | -25.3% | +51.0% |
| 2020 | +12.3% | -6.6% | +123.9% |
| 2019 | -40.1% | -40.3% | +31.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bay State Performing Arts Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bay State Performing Arts Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.5%.
Frequently Asked Questions about Bay State Performing Arts Inc
Is Bay State Performing Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bay State Performing Arts Inc (EIN: 521255775) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bay State Performing Arts Inc spend its money?
Detailed spending breakdown data is not yet available for Bay State Performing Arts Inc. Check back for updated IRS 990 analysis.
Are donations to Bay State Performing Arts Inc tax-deductible?
Bay State Performing Arts Inc is registered as a tax-exempt nonprofit (EIN: 521255775). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bay State Performing Arts Inc located?
Bay State Performing Arts Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 521255775. It is classified under NTEE code A6BZ.
How many years of IRS 990 filings does Bay State Performing Arts Inc have?
Bay State Performing Arts Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.0M in total revenue.
Filing History
IRS 990 filing history for Bay State Performing Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bay State Performing Arts Inc's revenue has grown by 106.9%, moving from $510K to $1.1M. Total assets increased by 1031.8% over the same period, from $60K to $683K. Total functional expenses rose by 106.5%, from $537K to $1.1M. In its most recent filing year (2023), Bay State Performing Arts Inc reported a deficit of $54K, with expenses exceeding revenue. The organization holds $51K in liabilities against $683K in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $631K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $683K | $51K | — | View 990 |
| 2022 | $1.1M | $1.0M | $718K | $44K | — | View 990 |
| 2021 | $805K | $540K | $651K | $42K | — | View 990 |
| 2020 | $902K | $722K | $431K | $87K | — | View 990 |
| 2019 | $803K | $773K | $193K | $29K | — | View 990 |
| 2018 | $1.3M | $1.3M | $147K | $13K | — | View 990 |
| 2017 | $743K | $693K | $247K | $160K | — | View 990 |
| 2016 | $683K | $676K | $68K | $30K | — | View 990 |
| 2015 | $1.2M | $1.2M | $81K | $49K | — | View 990 |
| 2014 | $602K | $559K | $87K | $76K | — | View 990 |
| 2013 | $587K | $552K | $64K | $97K | — | View 990 |
| 2012 | $544K | $591K | $29K | $98K | — | View 990 |
| 2011 | $510K | $537K | $60K | $82K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $683K (revenue -3.9% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.0M, and assets of $718K (revenue +36.5% year-over-year).
- 2021: Revenue of $805K, expenses of $540K, and assets of $651K (revenue -10.8% year-over-year).
- 2020: Revenue of $902K, expenses of $722K, and assets of $431K (revenue +12.3% year-over-year).
- 2019: Revenue of $803K, expenses of $773K, and assets of $193K (revenue -40.1% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $147K (revenue +80.5% year-over-year).
- 2017: Revenue of $743K, expenses of $693K, and assets of $247K (revenue +8.8% year-over-year).
- 2016: Revenue of $683K, expenses of $676K, and assets of $68K (revenue -42.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $81K (revenue +97.0% year-over-year).
- 2014: Revenue of $602K, expenses of $559K, and assets of $87K (revenue +2.6% year-over-year).
- 2013: Revenue of $587K, expenses of $552K, and assets of $64K (revenue +8.0% year-over-year).
- 2012: Revenue of $544K, expenses of $591K, and assets of $29K (revenue +6.6% year-over-year).
- 2011: Revenue of $510K, expenses of $537K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bay State Performing Arts Inc:
Data Sources and Methodology
This transparency report for Bay State Performing Arts Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.