Nonprofit · EIN 04-3194750
IMPROVISATION CENTER OF BOSTON INC
Tax-exempt · CAMBRIDGE, MA 02139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $240,301 | $580,550 | -$340,249 | $85,393 | $2,164 | $83,229 |
| June 30, 2023 | 990 | $419,659 | $796,099 | -$376,440 | $543,475 | $88,546 | $454,929 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $1,692
- Program service revenue
- $237,422
- Investment income
- $587
- Other revenue
- $600
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $79,927
- Other salaries and wages
- $277,365
- Salaries, compensation and benefits (total)
- $407,078
- Professional fundraising fees
- $0
- Legal fees
- $6,860
- Accounting fees
- $8,200
- Occupancy
- $65,548
- Travel
- $2,283
- Program services (functional)
- $432,131
- Management and general (functional)
- $148,419
Balance sheet and other
- Total assets, start of year
- $543,475
- Total assets, end of year
- $85,393
- Total liabilities, end of year
- $2,164
- Net assets, end of year
- $83,229
- Land, buildings and equipment
- $13,918
- Net assets without donor restrictions
- $83,229
- Gross receipts
- $240,301
- Employees
- 38
- Volunteers
- 15
- Year formed
- 1994
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW LAIDLAW | P/MD(UNT 1/24)/D(1/24-4/24)/CLERK Trustee or director, Officer | 40 | $80,069 | $9,220 |
| JOSH GARNEAU | DIR. (1/24-4/24)/PRES (AS OF 4/24) Trustee or director, Officer | 10 | $1,260 | $0 |
| TAMMI PIRRI DAY | CHAIR (UNT 4/24)/TREAS (AS OF 4/24) Trustee or director, Officer | 10 | $0 | $0 |
| JOSEPH SZAFAROWICZ | TREASURER (OUTGOING) Trustee or director, Officer | 1 | $0 | $0 |
| KRISTIE LASALLE | CLERK (OUTGOING) Trustee or director, Officer | 1 | $0 | $0 |
| JOHN BUTEN | DIRECTOR (OUTGOING) Trustee or director | 1 | $0 | $0 |
| SAMANTHA LEVANGIE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| NICK MINICUCCI | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ELLEN STEPANSKY | DIRECTOR (OUTGOING) Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW LAIDLAW | PRESIDENT/MANAGING DIR. (AS OF 8/23) Officer | 40 | $72,795 | $8,069 |
| JOSH GARNEAU | MANAGING DIRECTOR (UNTIL 7/23) Officer | 40 | $60,435 | $3,134 |
| TAMMI PIRRI DAY | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOSEPH SZAFAROWICZ | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARGARET ANN BRADY | SECRETARY (UNTIL 9/23) Trustee or director | 1 | $0 | $0 |
| KRISTIE LASALLE | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| JOHN BUTEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBIN CRAVER | BOARD MEMBER (UNTIL 11/23) Trustee or director | 1 | $0 | $0 |
| ELLEN STEPANSKY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 620 MASSACHUSETTS AVE, CAMBRIDGE, MA 02139-3376
- Mailing address (990-N for 2024)
- 620 Massachusetts Ave, Cambridge MA 02139
- Principal officer (990 for 2023)
- JOSH GARNEAU, 620 MASS AVENUE SUITE 6, CAMBRIDGE, MA 02139
- Principal officer (990-N for 2024)
- Matthew Laidlaw, 21 Quarry Lane, Malden MA 02148
- Signed the 990
- MATTHEW LAIDLAW, CLERK
- Phone
- (617) 576-1253
- Website
- www.improvboston.com
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
IMPROVBOSTON IS NEW ENGLANDS LEADING THEATRE AND SCHOOL DEDICATED TO THE ART OF COMEDY AND ALL ITS FORMS. THROUGH WEEKLY IMPROV, SKETCH AND STANDUP COMEDY PERFORMANCES, AN ACCLAIMED COMEDY SCHOOL, AND NUMEROUS OUTREACH, EDUCATIONAL AND DEVELOPMENT OPPORTUNITIES FOR ALL AGES, IMPROVBOSTON CONTINUES TO SERVE THE COMMUNITIES OF CAMBRIDGE, BOSTON AND NEW ENGLAND THROUGH LAUGHTER.
Program accomplishments
- SHOWS/PERFORMANCES - DUE TO THE LOSS OF IMPROVBOSTON'S SPACE IN CENTRAL SQUARE, CAMBRIDGE, IMPROVBOSTON OFFERS SHOWS THROUGH MULTIPLE RESIDENCIES IN SOMERVILLE, MA; MANCHESTER NH AND ADDITIONAL SHOWS THROUGH OUR TOURING COMPANY. AS PART OF ITS MISSION TO KEEP THESE PERFORMANCES AND WORKSHOPS ACCESSIBLE TO AUDIENCES OF ALL BACKGROUNDS, IMPROVBOSTON CHARGES LOW TICKET PRICES FOR SHOWS AND CLASSES, AND OFFERS A SLIDING SCALE FOR NONPROFITS THROUGH THE TOURING COMPANY. ALL REGULAR OPERATIONS CEASED ON DECEMBER 31ST, 2023.Expenses $72,915 · revenue $40,162
- CLASSES - IMPROVBOSTON'S COMEDY SCHOOL CONTINUES TO OFFER CLASSES THROUGH OUR EXPERIENCED INSTRUCTORS IN IMPROV, STANDUP AND SKETCH COMEDY. FROM OUR DONATION BASED INTRO TO IMPROV TO OUR MULTILEVEL MASTER WORKSHOPS OUR CLASSES OFFER VARIETY AND FLEXIBILITY TO STUDENTS OF ALL LEVELS. AS PART OF OUR MISSION WE KEEP OUR CLASSES REASONABLY PRICED AND OFFER REDUCED TUITION TO THOSE WHO EXPRESS FINANCIAL NEED. THE ORGANIZATION COMPLETED THE LAST SESSION OF CLASSES AND ALL REGULAR OPERATIONS CEASED ON DECEMBER 31ST, 2023.Expenses $236,268 · revenue $130,139
- TOURING - THE IMPROVBOSTON NATIONAL TOURING COMPANY PROVIDES PRIVATE SHOWS AND WORKSHOPS FOR CLIENTS ALL OVER THE COUNTRY INCLUDING THEATERS, CORPORATIONS, COLLEGES, SCHOOLS, AND OTHER PRIVATE GROUPS. THE NATIONAL TOURING COMPANY IS MADE UP OF SOME OF THE BEST PROFESSIONAL IMPROVISERS IN THE COUNTRY AND SPECIALIZES IN HIGH QUALITY, CUSTOM COMEDY, AND EXPERIENCES BASED ON THE APPLIED PRINCIPLES OF IMPROV. ALL REGULAR OPERATIONS CEASED ON DECEMBER 31ST, 2023.Expenses $122,948 · revenue $67,721
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-N on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-N on file |
IRS record
- EIN
- 04-3194750
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: Matthew Laidlaw | June 30, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2023 Officer: Matthew Laidlaw | June 30, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2024 | $240,301 | $580,550 | $85,393 | IRS |
| 990 | June 2023 | $419,659 | $796,099 | $543,475 | XML |
| 990 | June 2022 | $1,486,923 | $660,178 | $852,210 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3194750).
Questions about IMPROVISATION CENTER OF BOSTON INC
- What is the EIN of IMPROVISATION CENTER OF BOSTON INC?
- The employer identification number (EIN) of IMPROVISATION CENTER OF BOSTON INC is 04-3194750.
- Is IMPROVISATION CENTER OF BOSTON INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to IMPROVISATION CENTER OF BOSTON INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IMPROVISATION CENTER OF BOSTON INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of IMPROVISATION CENTER OF BOSTON INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IMPROVISATION CENTER OF BOSTON INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2024 for the year ended June 30, 2025.
- Who is the principal officer of IMPROVISATION CENTER OF BOSTON INC?
- The 990 for the year ended June 30, 2024 names JOSH GARNEAU.
- Who are the officers and directors of IMPROVISATION CENTER OF BOSTON INC?
- The 990 for the year ended June 30, 2024 lists 9 people; 2 received compensation from the organization, the highest $80,069 (MATTHEW LAIDLAW, P/MD(UNT 1/24)/D(1/24-4/24)/CLERK).
- How much revenue does IMPROVISATION CENTER OF BOSTON INC have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $240,301, expenses of $580,550 and total assets of $85,393 at year end.
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