School & Main Institute Inc
Only null% goes to programs Strong reserves Growing revenue
School & Main Institute Inc is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1998, with $1,640,143 in FY2023 revenue. CharityIndex grades it B.
155 Federal Street, Boston, MA, 02110 EIN 04-3403302 Since 1998
Revenue (FY2023)
$1.6M
▲ 4.3% vs prior year
Youth median: $163K
Expenses (FY2023)
$1.5M
Net assets
$1.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 School & Main Institute Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +10% margin
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 School & Main Institute Inc: 12 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 School & Main Institute Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 School & Main Institute Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 155 Federal Street, Boston, MA, 02110
- City
- Boston
- State
- Massachusetts
- Category
- Youth Development
- Subcategory
- Youth Clubs & Centers
- Website
- …
Financial trends
Revenue grew from $873K (FY2013) to $1.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $28KNet assets $1.5M
Operating margin
9.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$28K
Net assets
$1.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,640,143▲4.3% | $1,480,044▲3.5% | $1,455,680▲12.4% | $1,483,836▲1.4% | 990 |
| 2022 | $1,572,236▲6.7% | $1,429,553▲3.6% | $1,295,581▲12.4% | $1,463,981▲5.0% | 990 |
| 2021 | $1,473,322▲4.8% | $1,380,455▼0.5% | $1,152,898▲8.8% | $1,394,591▲16.8% | 990 |
| 2020 | $1,405,338▲7.1% | $1,387,191▲6.3% | $1,060,031▲1.7% | $1,194,383▼3.1% | 990 |
| 2019 | $1,312,674▲16.6% | $1,304,440▲18.4% | $1,041,884▲0.8% | $1,232,464▼8.1% | 990 |
| 2018 | $1,125,746▲53.2% | $1,102,010▲51.0% | $1,033,650▲2.4% | $1,340,415▲10.1% | 990 |
| 2017 | $734,675▼5.3% | $730,044▼2.5% | $1,009,914▲0.5% | $1,217,938▲2.7% | 990 |
| 2016 | $776,008▲26.9% | $748,722▲22.8% | $1,005,283▲2.8% | $1,185,492▲3.7% | 990 |
| 2015 | $611,700▼7.1% | $609,703▼16.7% | $977,997▲0.2% | $1,143,740▼4.4% | 990 |
| 2014 | $658,315▼24.6% | $731,550▼17.0% | $976,000▼7.0% | $1,196,661▲1.7% | 990 |
| 2013 | $873,247 | $881,617▼25.4% | $1,049,235▼0.8% | $1,176,421▼0.5% | 990 |
| 2012 | — | $1,182,349▼10.2% | $1,057,605▼7.5% | $1,182,018▼10.7% | 990 |
| 2011 | — | $1,317,115▲60.2% | $1,142,912▲16.6% | $1,323,340▲25.3% | 990 |
| 2010 | — | $822,037 | $980,594 | $1,056,030 | 990 |
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.
Grants received · $500K total
1 grant to School & Main Institute Inc totaling $500K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $500,000 |
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Frequently asked questions
- Is School & Main Institute Inc a legitimate nonprofit?
- Yes. School & Main Institute Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3403302, based in Boston, Massachusetts. Donations are tax-deductible.
- What is School & Main Institute Inc's EIN?
- School & Main Institute Inc's Employer Identification Number (EIN) is 04-3403302.
- How much revenue does School & Main Institute Inc report?
- School & Main Institute Inc reported $1,640,143 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does School & Main Institute Inc have?
- CharityIndex grades School & Main Institute Inc B, based on financial health (reserves and operating margin).
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Data for School & Main Institute Inc (EIN 04-3403302) 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.