BOSTON CELEBRATIONS INC C/O CONVENTURES INC

EIN: 042609422 501(c)(3) Arts, Culture & Humanities

BOSTON, MA

Total Revenue
$442,379
Total Expenses
$628,046
Total Assets
$69,839
Net Assets
$-404
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
MA
Principal Officer
BETH STEHLEY
Phone
6172044204
Tax Period
2024-04-01 to 2025-03-31

BOSTON CELEBRATIONS INC C/O CONVENTURES INC, founded in 1976, is a small nonprofit in the Arts, Culture & Humanities sector that reported $442K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $628K exceeded revenue, resulting in a 42% operating deficit.

Mission

BOSTON CELEBRATIONS INC'S LONG-STANDING MISSION IS TO BUILD AND CELEBRATE DIVERSITY AND COMMUNITY THROUGH THE ARTS, NEW YEAR'S EVE AND INDEPENDENCE DAY ENTERTAINMENT AND EDUCATION.

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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 $442,354
Program Service Revenue $0
Investment Income $25
Other Revenue $0
TOTAL REVENUE $442,379

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $5,555
Program Expenses $377,786
Other Expenses $628,046
TOTAL EXPENSES $628,046

Year-over-Year Comparison

2024 2023 Change
Revenue $442,379 $830,336 -0.5%
Expenses $628,046 $572,667 +0.1%
Net Income $-185,667 $257,669 -1.7%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
65

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS A KERSHAW PRESIDENT 0.00
Officer Director
$0 $0 $0
MATTHEW GAUGHAN CLERK 0.00
Officer Director
$0 $0 $0
DAVID COLELLA DIRECTOR 0.00
Director
$0 $0 $0
DAVID CHOATE ASSISTANT CLERK 0.00
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 $442,379 $628,046 $69,839 $-185,667
2024 $830,336 $572,667 $268,884 $257,669
2023 $495,729 $538,443 $385,631 $-42,714
2022 $277,538 $466,454 $189,841 $-188,916
2021 $14,843 $33,518 $169,724 $-18,675
2020 $415,217 $281,906 $223,250 $133,311
2019 $319,514 $330,479 $225,270 $-10,965
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