THE SKATING CLUB OF BOSTON

EIN: 041839710 501(c)(3) Recreation & Sports

NORWOOD, MA

Total Revenue
$20,444,602
Total Expenses
$20,996,918
Total Assets
$61,421,435
Net Assets
$34,827,955
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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
MA
Principal Officer
DEBORAH GAFF
Phone
6177825900
Tax Period
2024-07-01 to 2025-06-30

THE SKATING CLUB OF BOSTON, founded in 1912, is a mid-sized nonprofit in the Recreation & Sports sector that reported $20.4M in total revenue in fiscal year 2024. Revenue surged 99% from the prior year, signaling strong growth momentum.

Mission

TO BE A LEADER IN ADVANCING PARTICIPATION, EDUCATION, AND EXCELLENCE IN SKATING FOR PEOPLE OF ALL AGES, ABILITIES, AND MEANS.

Program Service Accomplishments

Program 1
Expenses: $15,299,322 Revenue: $16,538,219

THE SKATING CLUB OF BOSTON OPERATES FIGURE SKATING PROGRAMS IN ITS NEW, STATE OF THE ART THREE-RINK FACILITY IN NORWOOD. OFFERINGS INCLUDE RECREATIONAL PUBLIC SKATING; RECREATIONAL AND COMPETITIVE...

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THE SKATING CLUB OF BOSTON OPERATES FIGURE SKATING PROGRAMS IN ITS NEW, STATE OF THE ART THREE-RINK FACILITY IN NORWOOD. OFFERINGS INCLUDE RECREATIONAL PUBLIC SKATING; RECREATIONAL AND COMPETITIVE PROGRAMS IN PAIRS, SINGLES, AND DANCE SKATING; TEAM SYNCHRONIZED SKATING; AND A THEATRE-ON-ICE PROGRAM. THE CLUB ALSO OPERATES A HIGH-PERFORMANCE TRAINING PROGRAM FOR INDIVIDUALS INTERESTED IN COMPETING AT THE NATIONAL AND INTERNATIONAL LEVEL. ON BEHALF OF U.S. FIGURE SKATING, THE NATIONAL GOVERNING BODY FOR THE SPORT, THE CLUB ALSO PERIODICALLY HOSTS QUALIFYING REGIONAL, SECTIONAL, AND NATIONAL CHAMPIONSHIPS. CLUB MEMBERS HAVE WON OVER 145 NATIONAL TITLES, SEVERAL WORLD TITLES, AND TWO OLYMPIC CHAMPIONSHIPS. ITS MEMBERS HAVE ALSO GONE ON TO LEADERSHIP POSITIONS AT THE NATIONAL AND INTERNATIONAL LEVEL OF GOVERNANCE IN THE SPORT. THE CLUB HAS A YOUTH IN SPORT PROGRAM THAT PROVIDES MONETARY SUPPORT FOR CITY YOUTH AND LOCAL SKATERS LEARNING, APPRECIATING, AND EXCELLING IN THE SPORT OF FIGURE SKATING. IT UNDERWRITES THE SKATING AFTER SCHOOL PROGRAM IN THE SKATING ACADEMY AND SUPPORTS LOCAL YOUTH WHO MAY NOT OTHERWISE BE ABLE TO AFFORD THE COST OF SKATING.

Program 2
Expenses: $1,212,591 Revenue: $1,925,653

THE SKATING CLUB OF BOSTON OPERATES THE BOSTON PARK DEPARTMENT'S FACILITY AT THE FROG POND ON THE HISTORIC BOSTON COMMON AS PART OF A PUBLIC-PRIVATE PARTNERSHIP WITH THE CITY OF BOSTON. THE CLUB...

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THE SKATING CLUB OF BOSTON OPERATES THE BOSTON PARK DEPARTMENT'S FACILITY AT THE FROG POND ON THE HISTORIC BOSTON COMMON AS PART OF A PUBLIC-PRIVATE PARTNERSHIP WITH THE CITY OF BOSTON. THE CLUB OPERATES THE FROG POND ON A YEAR-ROUND BASIS WITH THE PURPOSE OF PROVIDING FOUR SEASONS OF FAMILY ENTERTAINMENT. DURING THE WINTER MONTHS, CLUB-MANAGED ACTIVITIES CENTER ON OPERATION OF THE SKATING RINK INCLUDING SKATE RENTALS, PUBLIC SKATING, PRIVATE OUTINGS, AND GROUP AND PRIVATE SKATING LESSONS. THE CLUB ALSO PRODUCES A SKATING SHOW DURING THE WINTER TO CELEBRATE THE NEW YEAR AS PART OF BOSTON'S FIRST NIGHT CELEBRATIONS. DURING THE WARM WEATHER MONTHS, THE CLUB MAINTAINS AND OPERATES THE REFLECTING AND SPRAY POOL AT THE FROG POND AS WELL AS A CHILDREN'S CAROUSEL. YEAR-ROUND, THE CLUB OPERATES THE FROG POND CAFE. IN ADDITION TO THE WINTER SKATING SHOWS THAT ARE FREE TO THE PUBLIC, THE CLUB ALSO PROMOTES AND PRODUCES A FREE MOVIE NIGHT SERIES, FREE YOGA CLASSES, AND OTHER EVENTS OF SPECIAL INTEREST TO LOCALS AND TOURISTS ALIKE.

Program 3
Expenses: $492,917 Revenue: $868,245

THE SKATING CLUB OF BOSTON'S SKATING ACADEMY IS NEW ENGLAND'S PREMIER SKATING SCHOOL WITH MULTIPLE PROGRAMS IN SEVERAL BOSTON-AREA LOCATIONS. ENROLLMENT IS CLOSE TO 2,000 STUDENTS, WITH NEW PROGRAMS...

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THE SKATING CLUB OF BOSTON'S SKATING ACADEMY IS NEW ENGLAND'S PREMIER SKATING SCHOOL WITH MULTIPLE PROGRAMS IN SEVERAL BOSTON-AREA LOCATIONS. ENROLLMENT IS CLOSE TO 2,000 STUDENTS, WITH NEW PROGRAMS AND LOCATIONS BEING OFFERED EVERY YEAR. IN ADDITION TO ITS STANDARD CURRICULUM FOR YOUTH AND ADULTS, THE ACADEMY ALSO OPERATED A THERAPEUTIC SKATING PROGRAM FOR CHILDREN WITH EMOTIONAL, LEARNING, AND OTHER DISADVANTAGES, AS WELL AS A TWO-WEEK SUMMER SKATING CAMP. THE CLUB'S SKATING ACADEMY ALSO OPERATES ITS SKATING IN THE SCHOOLS PROGRAM, OFFERING STUDENTS IN BOSTON THE OPPORTUNITY TO LEARN HOW TO SKATE. THE PROGRAM IS FULLY-SPONSORED BY THE CLUB AND OUTSIDE SPONSORS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $621,211
Program Service Revenue $19,332,117
Investment Income $198,027
Other Revenue $293,247
TOTAL REVENUE $20,444,602

Expense Breakdown

Grants Paid $141,754
Salaries & Benefits $4,614,665
Fundraising Expenses $0
Program Expenses $17,004,830
Other Expenses $16,240,499
TOTAL EXPENSES $20,996,918

Year-over-Year Comparison

2024 2023 Change
Revenue $20,444,602 $10,251,379 +1.0%
Expenses $20,996,918 $12,854,351 +0.6%
Net Income $-552,316 $-2,602,972 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
10
Employees
279
Volunteers
1000

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$513,128
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUGLAS ZEGHIBE EXECUTIVE DI 45.00
Officer
$328,015 $9,613 $337,628
CHRISTINE MCMURRAY CHIEF FINANC 45.00
Officer
$175,500 $0 $175,500
MIA CORSINI BAILEY CLUB DIRECTO 45.00
Highest
$130,500 $0 $130,500
THERESA DEGIACOMO ACADEMY DIRE 45.00
Highest
$100,124 $0 $100,124
DEVENY DECK DIRECTOR 1.00
Director
$0 $0 $0
ALETA FORCIONE DIRECTOR 1.00
Director
$0 $0 $0
SHELLY MARTIN DIRECTOR 1.00
Director
$0 $0 $0
ELLIOT SCHWARTZ DIRECTOR 1.00
Director
$0 $0 $0
ANDREA SMITH DIRECTOR 1.00
Director
$0 $0 $0
DEAN STEEGER DIRECTOR 1.00
Director
$0 $0 $0
KRISTIN TUDISCO-MARTIN DIRECTOR 1.00
Director
$0 $0 $0
ANN BUCKLEY PRESIDENT 5.00
Officer Director
$0 $0 $0
DEBORAH GAFF VICE PRESIDE 5.00
Officer Director
$0 $0 $0
GEORGE D'ARBELOFF TREASURER 5.00
Officer Director
$0 $0 $0
LAURA DAYS SECRETARY 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $20,444,602 $20,996,918 $61,421,435 $-552,316
2024 $10,251,379 $12,854,351 $64,239,065 $-2,602,972
2023 $10,463,412 $11,937,216 $63,715,417 $-1,473,804
2022 $9,306,115 $11,331,658 $66,481,446 $-2,025,543
2021 $7,906,806 $8,373,878 $69,699,987 $-467,072
2020 $6,664,233 $5,115,064 $59,133,821 $1,549,169
2019 $30,489,654 $5,584,147 $43,385,287 $24,905,507
2018 $4,810,386 $4,613,997 $15,286,871 $196,389
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