Mission
The Record Co. is a 501c3 nonprofit dedicated to making space for Boston’s music makers. They aim to ensure that everyone can make and enjoy music, providing affordable studios for rehearsal and recording, and fostering an inclusive music community.
Basic Information
Tax-Exempt
Founded in
2019
EIN
84-1799483
Total Assets
$4.715 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 2 of 2 goals
At a Glance
Affordable Recording Studios
The Record Co. offers recording studios that are affordable and equipped with professional gear for musicians of all backgrounds.
Community Engagement
TRC engages with the local community to provide resources and opportunities for musicians throughout Boston.
Amplify Boston Campaign
A $1 million initiative to strengthen Boston's music scene and support local artists with enhanced operations.
Upcoming Events
Community Celebration
2024-12-06
Join us for an evening celebrating Boston's creative community with performances by local artists.
Learn MoreOur Programs
Rehearsal Studios
Fully-equipped rehearsal studios available for musicians to practice and create.
Learn MoreAmplify Boston
A campaign to strengthen the support and operations of Boston's music community.
Learn MoreTestimonials
"The Record Co. was a godsend for me. Their customer service and supportive environment made it my recording home."
Baby Boy Johnson
"I love The Record Co!! I recorded podcasts and personal music there, and it was always full of good vibes."
Autumn Eliza Sheffy
Songwriter
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
57
48
/100
Program Expense Ratio
81.53%
14
/20
Program Revenue Growth
106.41%
20
/20
Leverage Ratio
0.9465
4
/20
Working Capital Ratio
0.6561
8
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 0 | 0.00% |
| Program Services | 665K | 99.95% |
| Investment Income | 309 | 0.05% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 665.3K | 100.00% |
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