Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
EIN 04-3238554 • 501(c)3 • Malden, MA
Profile
Musical education and programs for the public.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
24th percentile
Higher net margin than 24% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
59th percentile
Faster asset growth than 59% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Assets
Up$1,776,839
Up $121,629 (+7.3%) from 2023
Liabilities
Up$570,082
Up $188,914 (+50%) from 2023
Net Assets
Down$1,206,757
Down $67,285 (-5.3%) from 2023
Revenue
Down$800,570
Down $809,575 (-50%) from 2023
Expenses
Down$867,855
Down $1,031,641 (-54%) from 2023
Net Income
Up-$67,285
Up $222,066 (+77%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To build a structurally sound and musically vital ensemble which seeks to explore and present music of the 20th century. All schools, movements and styles from the turn of the century to the present day will be offered. It is the practical aim of the boston modern orchestra project, inc. (bmop) to promote and support the performances of new compostions, unknown works, newly published editions, and seldom repeated works from the start of the 1900's. Bmop hopes to challenge, entertain, and educate its audiences by presenting a variety of concerts, lectures and activities comprised of music and related subjects from the 20th century.
To present, promote, and provide education in contemporary music and related fields. The boston modern orchestra project is widely recognized as the leading orchestra in the us dedicated exclusively to performing new music, and it's signature label, bmop/sound, is the nation's foremost label launched by an orchestra and solely devoted to new music recordings.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $969,111 | $1,050,731 | ▲ $81,620 |
| Cash and Non-Interest-Bearing Accounts | $55,945 | $266,094 | ▲ $210,149 |
| Inventories for Sale or Use | $223,005 | $214,721 | ▼ $8,284 |
| Pledges and Grants Receivable | $248,548 | $165,250 | ▼ $83,298 |
| Other Notes and Loans Receivable, Net | $153,799 | - | - |
| Accounts Receivable | $2,472 | $3,909 | ▲ $1,437 |
| Prepaid Expenses and Deferred Charges | $2,330 | $1,199 | ▼ $1,131 |
| Total Assets | $1,655,210 | $1,776,839 | ▲ $121,629 |
| Other Assets Total | - | $74,935 | - |
| Liabilities | |||
| Other Liabilities | $109,697 | $363,140 | ▲ $253,443 |
| Accounts Payable and Accrued Expenses | $211,035 | $154,133 | ▼ $56,902 |
| Unsecured Notes Loans Payable | $60,436 | $52,809 | ▼ $7,627 |
| Total Liabilities | $381,168 | $570,082 | ▲ $188,914 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $769,548 | $624,850 | ▼ $144,698 |
| Net Assets Without Donor Restrictions | $504,494 | $581,907 | ▲ $77,413 |
| Total Net Assets Fund Balance | $1,274,042 | $1,206,757 | ▼ $67,285 |
| Total Liabilities and Net Assets / Fund Balance | $1,655,210 | $1,776,839 | ▲ $121,629 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Gilbert Rose | President | FT | $127,191 | $53,710 | $180,901 |
| Name | Title |
|---|---|
| Chris Avery | Chairman |
| Sam Mawn-mahlau | Chairman |
| David Lloyd Brown | Trustee |
| Harriett Eckstein | Trustee |
| James Barnett | Trustee |
| Rayford Law | Trustee |
| Walter Howell | Trustee |
| H Paris Burstyn | Secretary |
| Elizabeth Boveroux | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $681,041 |
| Salaries, Compensation, and Employee Benefits | $186,814 |
| Total Fundraising Expense | $72,870 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $65,619 | $27,923 | $46,073 | $139,615 |
| Occupancy | $44,765 | $4,974 | $4,974 | $54,713 |
| All Other Expenses | $23,474 | $18,451 | $3,031 | $44,956 |
| Other Salaries and Wages | $11,226 | $4,798 | $6,833 | $22,857 |
| Fees for Services Accounting | - | $16,088 | - | $16,088 |
| Other Expenses | $15,000 | - | - | $15,000 |
| Advertising | $8,949 | $4,773 | $1,192 | $14,914 |
| Payroll Taxes | $6,149 | $2,618 | $4,230 | $12,997 |
| Other Employee Benefits | $5,332 | $2,269 | $3,744 | $11,345 |
| Insurance | $7,481 | $1,870 | - | $9,351 |
| Office Expenses | - | $6,633 | $1,659 | $8,292 |
| Interest | $4,934 | $543 | $540 | $6,017 |
| Travel | $4,746 | $594 | $594 | $5,934 |
| Total Functional Expenses | $703,451 | $91,534 | $72,870 | $867,855 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Related Party | $196,201 |
| Ertc Liability | $155,194 |
| Lease Liability | $11,745 |
“The president of the organization and the general manager review form 990 for accuracy and completeness, prior to submission to the irs. The board of directors is provided a complete copy for review prior to submitting the form 990 to applicable governmental entities.”
“The conflict of interest policy included with bylaws as amended. Conflict of interest policy is reviewed and discussed with officers and board members at board meetings to ensure compliance. An officer, or trustee shall disclose to the board of trustees any potential direct or indirect financial interest which he or she has (a) in a participant in any significant transaction involving the corporation and (b) in a participant in any matter on which the board of trustees takes action.”
“Board approval during budget approval meeting. In the event that any trustee or officer receives compensation from the corporation, or enters into any contract which will result in payments, directly or indirectly, from the corporation to the trustee or officer, such compensation or such contract shall be approved by either (a) the board of trustees excluding the trustee or trustees privy to such contract or receiving such compensation or (b) a compensation committee composed exclusively of trustees who receive no compensation or are privy to no contracts which result in direct or indirect payments to themselves.”
“The financial statements and form 990 are attached to an annual reporting requirement for public charities that is submitted to the attorney general of the commonwealth of massachusetts. The information is available to the public at the attorney general's website and upon request.”
“The financial statements and form 990 are attached to an annual reporting requirement for public charities that is submitted to the attorney general of the commonwealth of massachusetts. The information is available to the public at the attorney general's website and upon request.”
“To build a structurally sound and musically vital ensemble which seeks to explore and present music of the 20th century. All schools, movements and styles from the turn of the century to the present day will be offered. It is the practical aim of the boston modern orchestra project, inc. (bmop) to promote and support the performances of new compostions, unknown works, newly published editions, and seldom repeated works from the start of the 1900's. Bmop hopes to challenge, entertain, and educate its audiences by presenting a variety of concerts, lectures and activities comprised of music and related subjects from the 20th century.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | TO PRESENT, PROMOTE, AND PROVIDE EDUCATION IN CONTEMPORARY MUSIC AND RELATED FIELDS. THE BOSTON MODERN ORCHESTRA PROJECT IS WIDELY RECOGNIZED AS THE LEADING ORCHESTRA IN THE US DEDICATED EXCLUSIVELY TO PERFORMING NEW MUSIC, AND IT'S SIGNATURE LABEL, BMOP/SOUND, IS THE NATION'S FOREMOST LABEL LAUNCHED BY AN ORCHESTRA AND SOLELY DEVOTED TO NEW MUSIC RECORDINGS. |
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| IRS990/Desc | 0 | THE BOSTON MODERN ORCHESTRA PROJECT PROVIDES ACCESS TO A FULL SCHEDULE OF CONCERTS AND PROVIDES SERVICES AND MATERIALS THAT OTHERWISE WOULD NOT BE AVAILABLE TO THE GENERAL PUBLIC. IN ITS FIRST TWENTY-SEVEN SEASONS, BMOP ESTABLISHED A TRACK RECORD THAT INCLUDES MORE THAN 100 PERFORMANCES, OVER 70 WORLD PREMIERES (INCLUDING 30 COMMISSIONED WORKS), TWO OPERA UNLIMITED FESTIVALS WITH OPERA BOSTON, THE INAUGURAL DITSON FESTIVAL OF CONTEMPORARY MUSIC WITH THE ICA/BOSTON, AND OVER 70 COMMERCIAL RECORDINGS, INCLUDING MORE THAN 60 CDS FROM BMOP SOUND. |
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| IRS990/MissionDesc | 0 | TO BUILD A STRUCTURALLY SOUND AND MUSICALLY VITAL ENSEMBLE WHICH SEEKS TO EXPLORE AND PRESENT MUSIC OF THE 20TH CENTURY. ALL SCHOOLS, MOVEMENTS AND STYLES FROM THE TURN OF THE CENTURY TO THE PRESENT DAY WILL BE OFFERED. IT IS THE PRACTICAL AIM OF THE BOSTON MODERN ORCHESTRA PROJECT, INC. (BMOP) TO PROMOTE AND SUPPORT THE PERFORMANCES OF NEW COMPOSTIONS, UNKNOWN WORKS, NEWLY PUBLISHED EDITIONS, AND SELDOM REPEATED WORKS FROM THE START OF THE 1900'S. BMOP HOPES TO CHALLENGE, ENTERTAIN, AND EDUCATE ITS AUDIENCES BY PRESENTING A VARIETY OF CONCERTS, LECTURES AND ACTIVITIES COMPRISED OF MUSIC AND RELATED SUBJECTS FROM THE 20TH CENTURY. |
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| IRS990/OtherExpensesGrp/Desc | 0 | RECORDING |
| IRS990/OtherExpensesGrp/Desc | 1 | MUSICIANS |
| IRS990/OtherExpensesGrp/Desc | 2 | RELEASES |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 15000 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TO BUILD A STRUCTURALLY SOUND AND MUSICALLY VITAL ENSEMBLE WHICH SEEKS TO EXPLORE AND PRESENT MUSIC OF THE 20TH CENTURY. ALL SCHOOLS, MOVEMENTS AND STYLES FROM THE TURN OF THE CENTURY TO THE PRESENT DAY WILL BE OFFERED. IT IS THE PRACTICAL AIM OF THE BOSTON MODERN ORCHESTRA PROJECT, INC. (BMOP) TO PROMOTE AND SUPPORT THE PERFORMANCES OF NEW COMPOSTIONS, UNKNOWN WORKS, NEWLY PUBLISHED EDITIONS, AND SELDOM REPEATED WORKS FROM THE START OF THE 1900'S. BMOP HOPES TO CHALLENGE, ENTERTAIN, AND EDUCATE ITS AUDIENCES BY PRESENTING A VARIETY OF CONCERTS, LECTURES AND ACTIVITIES COMPRISED OF MUSIC AND RELATED SUBJECTS FROM THE 20TH CENTURY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE PRESIDENT OF THE ORGANIZATION AND THE GENERAL MANAGER REVIEW FORM 990 FOR ACCURACY AND COMPLETENESS, PRIOR TO SUBMISSION TO THE IRS. THE BOARD OF DIRECTORS IS PROVIDED A COMPLETE COPY FOR REVIEW PRIOR TO SUBMITTING THE FORM 990 TO APPLICABLE GOVERNMENTAL ENTITIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE CONFLICT OF INTEREST POLICY INCLUDED WITH BYLAWS AS AMENDED. CONFLICT OF INTEREST POLICY IS REVIEWED AND DISCUSSED WITH OFFICERS AND BOARD MEMBERS AT BOARD MEETINGS TO ENSURE COMPLIANCE. AN OFFICER, OR TRUSTEE SHALL DISCLOSE TO THE BOARD OF TRUSTEES ANY POTENTIAL DIRECT OR INDIRECT FINANCIAL INTEREST WHICH HE OR SHE HAS (A) IN A PARTICIPANT IN ANY SIGNIFICANT TRANSACTION INVOLVING THE CORPORATION AND (B) IN A PARTICIPANT IN ANY MATTER ON WHICH THE BOARD OF TRUSTEES TAKES ACTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BOARD APPROVAL DURING BUDGET APPROVAL MEETING. IN THE EVENT THAT ANY TRUSTEE OR OFFICER RECEIVES COMPENSATION FROM THE CORPORATION, OR ENTERS INTO ANY CONTRACT WHICH WILL RESULT IN PAYMENTS, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION TO THE TRUSTEE OR OFFICER, SUCH COMPENSATION OR SUCH CONTRACT SHALL BE APPROVED BY EITHER (A) THE BOARD OF TRUSTEES EXCLUDING THE TRUSTEE OR TRUSTEES PRIVY TO SUCH CONTRACT OR RECEIVING SUCH COMPENSATION OR (B) A COMPENSATION COMMITTEE COMPOSED EXCLUSIVELY OF TRUSTEES WHO RECEIVE NO COMPENSATION OR ARE PRIVY TO NO CONTRACTS WHICH RESULT IN DIRECT OR INDIRECT PAYMENTS TO THEMSELVES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE FINANCIAL STATEMENTS AND FORM 990 ARE ATTACHED TO AN ANNUAL REPORTING REQUIREMENT FOR PUBLIC CHARITIES THAT IS SUBMITTED TO THE ATTORNEY GENERAL OF THE COMMONWEALTH OF MASSACHUSETTS. THE INFORMATION IS AVAILABLE TO THE PUBLIC AT THE ATTORNEY GENERAL'S WEBSITE AND UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE FINANCIAL STATEMENTS AND FORM 990 ARE ATTACHED TO AN ANNUAL REPORTING REQUIREMENT FOR PUBLIC CHARITIES THAT IS SUBMITTED TO THE ATTORNEY GENERAL OF THE COMMONWEALTH OF MASSACHUSETTS. THE INFORMATION IS AVAILABLE TO THE PUBLIC AT THE ATTORNEY GENERAL'S WEBSITE AND UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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