RECORD COMPANY INC
960 MASSACHUSETTS AVENUE, BOSTON, MA 02118 www.therecordco.org

Total Revenue
$1,898,976
Total Expenses
$697,367
Net Assets
$1,868,158

Organizations Filed Purposes: 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.

SINCE ITS INCEPTION, TRC HAS GROWN TO SERVE 3,750 COMMUNITY MUSIC MAKERS ANNUALLY THROUGH MORE THAN 1,400 LOW-COST RECORDING SESSIONS. ADDITIONALLY, TRC HAS HELPED ARTISTS GROW AND DEVELOP THEIR ARTISTRY THROUGH PROFESSIONAL COMMUNITY DEVELOPMENT PROJECTS.STRATEGIC FACILITY PLAN:TRC BROKE GROUND ON ITS NEW EXPANDED FACILITY IN JANUARY 2020. WHEN COMPLETE IN LATE CALENDAR 2020, THE NEW SPACE WILL INCLUDE A TOTAL OF 20 ROOMS - FOUR RECORDING STUDIOS, A COMMUNITY GATHERING ROOM, AND 15 SOUNDPROOF MUSIC "REHEARSAL" SUITES WITH A COMPLEMENT OF MUSICAL INSTRUMENTS AND AMPLIFICATION, WHICH CAN BE USED FLEXIBLY. GOING FORWARD, TRC ANTICIPATES SIGNIFICANT GROWTH IN THE BREADTH AND DEPTH OF PROGRAM SERVICES AS A RESULT OF THIS SIGNIFICANT EXPANSION. SLATED TO OPEN AT THE END OF THE YEAR 2020, THE NEW SPACE NEARLY TRIPLES TRC'S BOOKABLE CAPACITY AND WILL ALLOW TRC TO SERVE UP TO 20,000 MUSIC MAKERS PER YEAR. AS TRC'S IMPACT GROWS, SO WILL ITS SUSTAINABILITY, WITH THE NEW FACILITY PROJECTED TO TRIPLE THE OPERATING BUDGET AND GROW EARNED PROGRAM SERVICE REVENUE TO 75% OF THE TOTAL OPERATING BUDGET IN ITS FIRST 3 YEARS OF OPERATION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Matthew S McarthurPRESIDENT & EXECUTIVE DIRECTOR40$51,182
Leslie Miller JewettCLERK & DEVELOPMENT ASSISTANT40$36,361
Ty-Juana FloresDIRECTOR0.3$0
David MashDIRECTOR0.3$0
John EscobarDIRECTOR0.3$0
Andrew SchulertTREASURER0.3$0
Doug ArshamDIRECTOR0.3$0
Mark EthierDIRECTOR0.3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033189349308428_public.xml