Multi-arts Inc is a 501(c)(3) organization based in Hadley, Massachusetts, registered in 2005, with $174,426 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$174K
▲ 2.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$150K
Net assets
$97K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Multi-arts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Multi-arts Inc: 8 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Multi-arts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Multi-arts Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $125K (FY2014) to $174K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
13.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$102K
Total liabilities
$4,745
Net assets
$97K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $174,426▲2.8% | $150,444▲6.1% | $96,950▲32.9% | $101,695▲39.3% | 990EZ |
| 2023 | $169,649▲37.6% | $141,734▲29.9% | $72,966▲62.0% | $73,018▲62.1% | 990EZ |
| 2022 | $123,266▲69.8% | $109,151▲37.6% | $45,051▲45.6% | $45,051▲36.1% | 990EZ |
| 2021 | $72,578▲37.7% | $79,353▲30.4% | $30,937▼18.2% | $33,108▼12.5% | 990EZ |
| 2020 | $52,720▼62.3% | $60,857▼48.6% | $37,838▼17.7% | $37,838▼17.8% | 990EZ |
| 2019 | $139,788▲14.9% | $118,370▲8.5% | $45,975▲87.2% | $46,050▲82.0% | 990EZ |
| 2018 | $121,653▲2.8% | $109,057▼16.5% | $24,557▲105% | $25,306▲111% | 990EZ |
| 2017 | $118,356▼14.0% | $130,557▼0.6% | $11,962▼50.5% | $11,992▼50.4% | 990EZ |
| 2016 | $137,685▼4.9% | $131,343▼0.9% | $24,163▲35.6% | $24,163▲35.6% | 990EZ |
| 2015 | $144,801▲15.4% | $132,486▲8.7% | $17,821▲224% | $17,821▲177% | 990EZ |
| 2014 | $125,424 | $121,894 | $5,506 | $6,436 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
6 grants to Multi-arts Inc totaling $133K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Boston Foundation Inc | Operating support/annual fund | 2023 | $25,000 |
| Boston Foundation Inc | Operating support/annual fund | 2022 | $21,000 |
| Boston Foundation Inc | Operating support/annual fund | 2021 | $21,000 |
| Boston Foundation Inc | Operating support/annual fund | 2020 | $20,000 |
| Boston Foundation Inc | Operating support/annual fund | 2019 | $25,500 |
| Boston Foundation Inc | Operating support/annual fund | 2018 | $20,500 |
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Data for Multi-arts Inc (EIN 20-1356307) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.