The Boston Psychoanalytic Society and Institute Inc

EIN: 042010675 501(c)(3)

Newton Centre, MA

Total Revenue
$1,189,260
Total Expenses
$1,514,682
Total Assets
$15,536,251
Net Assets
$15,409,875
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
MA
Principal Officer
CATHERINE KIMBLE MD
Phone
6172660953
Tax Period
2023-07-01 to 2024-06-30

The Boston Psychoanalytic Society and Institute Inc, founded in 1936, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 27% operating deficit.

Mission

THE BOSTON PSYCHOANALYTIC SOCIETY AND INSTITUTE (BPSI) IS DEDICATED TO THE ADVANCEMENT OF PSYCHOANALYTIC THOUGHT AND PRACTICE IN OUR COMPLEX AND DIVERSE CONTEMPORARY WORLD.

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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 (2023)

Revenue Breakdown

Contributions & Grants $442,176
Program Service Revenue $357,223
Investment Income $389,861
Other Revenue $0
TOTAL REVENUE $1,189,260

Expense Breakdown

Grants Paid $140,150
Salaries & Benefits $753,011
Fundraising Expenses $41,036
Program Expenses $1,107,985
Other Expenses $621,521
TOTAL EXPENSES $1,514,682

Year-over-Year Comparison

2023 2022 Change
Revenue $1,189,260 $958,076 +0.2%
Expenses $1,514,682 $1,418,728 +0.1%
Net Income $-325,422 $-460,652 -0.3%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
25
Employees
8
Volunteers
25

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
7
$124,413
Total Directors
26
$124,413
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLE A NATHAN MANAGING DIRECTOR 40.0
Highest
$128,530 $14,138 $142,668
Catherine Kimble MD Executive Director 30.0
Officer Director
$124,413 $0 $124,413
Holly Friedman Housman LICSW CHAIR 1.0
Officer Director
$0 $0 $0
Donna Fromberg PsyD PRESIDENT 1.0
Officer Director
$0 $0 $0
Janet Witte MD MPH SECRETARY 1.0
Officer Director
$0 $0 $0
Christopher Leich JD TREASURER 1.0
Officer Director
$0 $0 $0
James Barron PhD IMMEDIATE PAST CHAIR 1.0
Director
$0 $0 $0
Holly Blatman MD TRUSTEE 1.0
Director
$0 $0 $0
Carol Bonner MSW MBA EdD TRUSTEE 1.0
Director
$0 $0 $0
Amy Fleischer LICSW TRUSTEE 1.0
Director
$0 $0 $0
Margaret Fox PhD TRUSTEE 1.0
Director
$0 $0 $0
Nigel Gibson PhD TRUSTEE 1.0
Director
$0 $0 $0
Kimberlyn Leary PhD trustEE 1.0
Director
$0 $0 $0
Alfred Margulies MD TRUSTEE 1.0
Director
$0 $0 $0
Mary McCarthy MD PRESIDENT ELECT 1.0
Officer Director
$0 $0 $0
Catherine Mitkus LICSW TRUSTEE 1.0
Director
$0 $0 $0
Caryn Mushlin LICSW TRUSTEE 1.0
Director
$0 $0 $0
Theodore Murray MD TRUSTEE (Eff. 05/01/2024) 1.0
Director
$0 $0 $0
Jan Seriff PsyD TRUSTEE 1.0
Director
$0 $0 $0
Robert Silver FAIA TRUSTEE 1.0
Director
$0 $0 $0
Robert Stern MD TRUSTEE 1.0
Director
$0 $0 $0
Usha Tummala-Narra PhD TRUSTEE 1.0
Director
$0 $0 $0
Susan Walton PhD TRUSTEE 1.0
Director
$0 $0 $0
Cecil Webster MD TRUSTEE 1.0
Director
$0 $0 $0
Jack Foehl PhD IMMEDIATE PAST PRESIDENT 1.0
Officer Director
$0 $0 $0
Nelson Liu Trustee (eff. 06/18/2024) 1.0
Director
$0 $0 $0
Lazaro Zayas MD TRUSTEE 1.0
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 No data No data No data No data
2024 $1,189,260 $1,514,682 $15,536,251 $-325,422
2023 $958,076 $1,418,728 $15,311,929 $-460,652
2022 $1,411,289 $1,345,649 $16,000,808 $65,640
2021 $2,697,086 $1,293,281 $17,526,827 $1,403,805
2020 $645,790 $1,268,261 $16,533,619 $-622,471
2019 $854,785 $1,257,937 $16,475,805 $-403,152
2018 $1,177,121 $1,217,498 $16,924,637 $-40,377
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