Arts, Culture & Humanities
(A112)
IRS Verified
DX Registered
990 on File
BOSTON ARTS ACADEMY FOUNDATION INC
Financial strength (30%)
71/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$5.0M
Total Revenue
$4.9M
Total Expenses
$11.0M
Net Assets
12
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
64.5%
Fundraising Efficiency
51.3%
Operating Reserve
26.86x
Liability-to-Asset
11.5%
Revenue Diversification
59.8%
Executive Compensation
$375K
Compared with Peers
FY 2023
Compared with 4,647 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
64.5% | 77.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.1% | 14.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
21.4% | 5.5% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
51.3% | 251.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
26.9 mo | 16.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
11.5% | 10.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.8% | 74.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
42.9% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
72.5% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.3% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $5.0M | $4.9M | $11.0M | 64.5% | 12 |
| 2022 | $3.5M | $2.8M | N/A | — | 14 |
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