Boston Bluegrass Union Inc
Nonprofit profile at a glance
- EIN
- 222779696
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- West Newton, MA, USA
- Phone
- 6177822251
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $33,299
- Expenses
- $43,383
- Assets
- $446,559
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- STAN ZDONIK (PRESIDENT DIRECTOR)
- TONY WATT (VICE PRESIDENT DIRECTOR)
People named in this filing
- STAN ZDONIK (PRESIDENT DIRECTOR)
- TONY WATT (VICE PRESIDENT DIRECTOR)
- MARK THERIEAU (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Preserve and promote bluegrass music.
What it reported doing in 2024
The organization produced 1 concert, 1 festival, workshops and educational programs for musicians and patrons in an effort to preserve and promote traditional bluegrass music.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 61% for direct work, and 39% for grants.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 36.8%; rating input score 37
- Program expense ratio: 41%; rating input score 41
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -30.3%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 10.29; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -11.5% per year; rating input score 0; 25th percentile among comparable filings
- Revenue growth: -10.2% per year; rating input score 0; 24th percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 36.8% of revenue deployed · 41% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $18K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
- Moderate — Financial Efficiency: Program expense ratio scored 41/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.