Nonprofit · EIN 27-1238513
RECORD COMPANY INC
Tax-exempt · BOSTON, MA 02118
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,082,295 | $2,485,403 | -$403,108 | $11,607,463 | $9,100,440 | $2,507,023 |
| June 30, 2024 | 990 | $2,394,889 | $2,820,388 | -$425,499 | $12,379,553 | $9,469,422 | $2,910,131 |
| June 30, 2023 | 990 | $1,496,044 | $2,500,511 | -$1,004,467 | $12,516,063 | $9,180,433 | $3,335,630 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $943,966
- of which government grants
- $178,000
- Program service revenue
- $1,109,414
- Investment income
- $26,965
- Other revenue
- $1,950
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $120,000
- Other salaries and wages
- $461,027
- Salaries, compensation and benefits (total)
- $663,484
- Professional fundraising fees
- $0
- Occupancy
- $1,192,265
- Travel
- $24,040
- Depreciation
- $124,608
- Program services (functional)
- $1,789,751
- Management and general (functional)
- $483,294
- Fundraising (functional)
- $212,358
Balance sheet and other
- Total assets, start of year
- $12,379,553
- Total assets, end of year
- $11,607,463
- Total liabilities, end of year
- $9,100,440
- Net assets, end of year
- $2,507,023
- Land, buildings and equipment
- $377,684
- Net assets without donor restrictions
- $2,284,605
- Net assets with donor restrictions
- $222,418
- Gross receipts
- $2,082,295
- Employees
- 16
- Volunteers
- 0
- Year formed
- 2009
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW S MCARTHUR | FORMER EXECUTIVE DIRECTOR Former | 0 | $110,923 | $2,352 |
| BOBBY BOYD | EXECUTIVE DIRECTOR Officer | 39 | $110,000 | $372 |
| RACHEL JORDAN | CHAIR (THRU 8/24) Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW SCHULERT | CHAIR (AS OF 8/24) Trustee or director, Officer | 1 | $0 | $0 |
| ZENA LUM | CO-CHAIR (THRU 8/24) Trustee or director, Officer | 1 | $0 | $0 |
| RODNEY ALEJANDRO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID ALEXANDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT CHOW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TESSIL COLLINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN ESCOBAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROB EUGENE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW LINDLEY | DIRECTOR (THRU 2/25) Trustee or director | 1 | $0 | $0 |
| NADINA TALUKDAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDY YOUNISS | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW S MCARTHUR | EXECUTIVE DIRECTOR (THRU 3/24) Trustee or director, Officer | 39 | $97,828 | $3,622 |
| BOBBY BOYD | EXECUTIVE DIRECTOR (AS OF 6/24) Trustee or director, Officer | 39 | $97,298 | $3,622 |
| RACHEL JORDAN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ZENA LUM | CO-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW SCHULERT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARK ETHIER | BOARD AND ADVANCEMENT COMMITTE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DOUG ARSHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TESSIL COLLINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN ESCOBAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW LINDLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NADINA TALUKDAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDY YOUNISS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MASH | GOVERNANCE COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW S MCARTHUR | EXECUTIVE DIRECTOR Trustee or director, Officer | 39 | $90,000 | $4,576 |
| DOUG ARSHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN ESCOBAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK ETHIER | BOARD AND ADVANCEMENT COMMITTE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ZENA LUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RACHEL JORDAN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DAVID MASH | GOVERNANCE COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| ANDREW SCHULERT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 960 MASSACHUSETTS AVE, BOSTON, MA 02118-2620
- In care of
- % MATTHEW MCARTHUR
- Principal officer (990 for 2024)
- BOBBY BOYD, 960 MASSACHUSETTS AVENUE, BOSTON, MA 02118
- Signed the 990
- BOBBY BOYD, EXECUTIVE DIRECTOR
- Phone
- (617) 765-0155
- Website
- WWW.THERECORDCO.ORG
- 990-N for 2009 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Matthew S McArthur, 700 Harrison Ave, Apt 612, Boston MA 02118. Mailing address: 960 Massachusetts Avenue, 3rd floor, Boston MA 02118. Website: www.therecordco.org
- Return prepared by
- CITRIN COOPERMAN ADVISORS LLC
Mission
TO REMOVE THE TECHNICAL AND SOCIAL BARRIERS BETWEEN BOSTON'S MUSIC MAKERS AND THEIR CREATIVE VISIONS THROUGH TRULY AFFORDABLE MUSIC WORKSPACE AND PROFESSIONAL DEVELOPMENT PROGRAMS.
Program accomplishments
- THE RECORD COMPANY ("TRC") WAS FORMED TO REMOVE TECHNICAL AND SOCIAL BARRIERS BETWEEN BOSTON MUSIC MAKERS AND THEIR CREATIVE VISIONS BY PROVIDING AN AFFORDABLE COMMUNITY WORKSPACE AND EQUITABLE PROFESSIONAL DEVELOPMENT PROGRAMS. ADDITIONALLY, TRC HAS HELPED ARTISTS GROW AND DEVELOP THEIR ARTISTRY THROUGH PROFESSIONAL COMMUNITY DEVELOPMENT PROJECTS.Expenses $1,789,751 · revenue $1,109,414
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-1238513
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A68)
- Assets (IRS master file)
- $11,607,463
- Income (IRS master file)
- $2,082,295
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,082,295 | $2,485,403 | $11,607,463 | IRS |
| 990 | June 2024 | $2,394,889 | $2,820,388 | $12,379,553 | XML |
| 990 | June 2023 | $1,496,044 | $2,500,511 | $12,516,063 | XML |
| 990 | June 2022 | $3,016,827 | $1,415,243 | $4,702,534 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2009 Officer: Matthew S McArthur Filed under this EIN, most likely by a chapter or affiliate | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
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 27-1238513).
Questions about RECORD COMPANY INC
- What is the EIN of RECORD COMPANY INC?
- The employer identification number (EIN) of RECORD COMPANY INC is 27-1238513.
- Is RECORD COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to RECORD COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RECORD COMPANY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RECORD COMPANY 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 RECORD COMPANY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RECORD COMPANY INC?
- The 990 for the year ended June 30, 2025 names BOBBY BOYD.
- Who are the officers and directors of RECORD COMPANY INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 2 received compensation from the organization, the highest $110,923 (MATTHEW S MCARTHUR, FORMER EXECUTIVE DIRECTOR).
- How much revenue does RECORD COMPANY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,082,295, expenses of $2,485,403 and total assets of $11,607,463 at year end.
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