NonprofitsRecord Company Inc

Arts, Culture & Humanities

Record Company Inc

BOSTON, MA

Total revenue

$2.4M

Total expenses

$2.8M

Net assets

$2.9M

Grants received

$3.3M

35 grants

EIN

271238513

Tax year

2023

Mission

To remove the technical and social barriers between boston's music makers and their creative visions through truly affordable music workspace and professional development programs.

Financials

FY 2023

Revenue

Contributions & grants$1.2M
Program service revenue$1.2M
Investment income$29K
Other revenue$8K
Total revenue$2.4M

Expenses

Grants paid
Salaries & benefits$907K
Fundraising$168K
Other expenses$1.9M
Total expenses$2.8M
Total assets$12.4M
Net assets$2.9M

People

13 listed

NameRoleCompensation

MATTHEW S MCARTHUR

EXECUTIVE DIRECTOR (THRU 3/24)

Board

$98K

39 hrs/wk

BOBBY BOYD

EXECUTIVE DIRECTOR (AS OF 6/24)

Board

$97K

39 hrs/wk

ZENA LUM

CO-CHAIR

Board

1 hrs/wk

ANDREW SCHULERT

TREASURER

Board

1 hrs/wk

MARK ETHIER

BOARD AND ADVANCEMENT COMMITTE CHAIR

Board

1 hrs/wk

DOUG ARSHAM

DIRECTOR

Board

1 hrs/wk

TESSIL COLLINS

DIRECTOR

Board

1 hrs/wk

JOHN ESCOBAR

DIRECTOR

Board

1 hrs/wk

MATTHEW LINDLEY

DIRECTOR

Board

1 hrs/wk

NADINA TALUKDAR

DIRECTOR

Board

1 hrs/wk

ANDY YOUNISS

DIRECTOR

Board

1 hrs/wk

DAVID MASH

GOVERNANCE COMMITTEE CHAIR

Board

1 hrs/wk

RACHEL JORDAN

CHAIR

Board

1 hrs/wk

Grants received

Showing 35 of 35

FromAmountPurposeYear
$500K
ANNUAL FUND AND CAPITAL SUPPORT
2023
$296K
For grant recipient's exempt purposes
2023
$100K
General & Unrestricted
2023
$55K
TRC X BRB YOUTH AUDIO + RECORDING WORKFORCE DEVELOPMENT PROGRAM
2023
$55K
TRC X BRB YOUTH AUDIO + RECORDING WORKFORCE DEVELOPMENT PROGRAM
2023
$21K
Unrestricted operating support for fiscal years 2022, 2023, and 2024, as a part of the Barr-Klarman Massachusetts Arts Initiative
2023
$11K
ARTS, CULTURE & HUMANITIES
2023
$206K
For grant recipient's exempt purposes
2022
$40K
BRIGHTER BOSTON X RECORD CO. AUDIO/RECORDING INTERNSHIP PLANNING PROCESS
2022
$25K
Funder Collaborations and Bold Bets: Unrestricted operating support for fiscal years 2022, 2023, and 2024, as a part of the Barr-Klarman Massachusetts Arts Initiative
2022
$11K
Operating Support/Annual Fund
2022
$10K
ARTS, CULTURE & HUMANITIES
2022
$5K
Remove technical and social barriers between boston music makers and their creative visions by providing an affordable community workspace and equitable professional development programs
2022
$5K
2022 INFLATION RECOGNITION GRANTS
2022
$700K
Operating Support/Annual Fund
2021
$214K
For grant recipient's exempt purposes
2021
$214K
For grant recipient's exempt purposes
2021
$25K
ARTS, CULTURE & HUMANITIES
2021
$187K
For grant recipient's exempt purposes
2020
$50K
GENERAL OPERATING
2020
$25K
Operating Support/Annual Fund
2020
$14K
ARTS, CULTURE & HUMANITIES
2020
$5K
Capital Campaign
2020
$500
TO SUPPORT THEIR PROGRAMS
2020
$146K
For grant recipient's exempt purposes
2019
$81K
ARTS, CULTURE & HUMANITIES
2019
$30K
Emergency Support
2019
$500
Operating Support/Annual Fund
2019
$38K
For grant recipient's exempt purposes
2018
$10K
Charitable Purposes
2018
$39K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$10K
TO BE USED WITHIN EXEMPT FUNCTION
2017

Funded by

$3.3M from 12 funders · 35 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$1.3M · 8 grants · 2017–2023

Boston Foundation Inc

$910K · 9 grants · 2017–2022

The Jaket Foundation

$500K · 1 grant · 2023

Liberty Mutual Foundation Inc

$155K · 4 grants · 2022–2023

Donor Advised Charitable Giving Inc

$141K · 5 grants · 2019–2023

Andy and Mariann Youniss Foundation

$100K · 1 grant · 2023

Riley Mabel Louise Tr Uwill

$50K · 1 grant · 2020

The Klarman Family Foundation

$46K · 2 grants · 2022–2023

Details

EIN271238513
NTEE codeA68
Subsection03
Ruling date2010-03
Formed2009
Employees23
Volunteers0
RECORD COMPANY INC — Mission, Financials & Grants Received | Grantivo