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Massachusetts · Nonprofit

BOSTON PUBLIC MARKET ASSOCIATION INC

BOSTON PUBLIC MARKET ASSOCIATION INC (Massachusetts) receives grants from 15 organizations whose IRS filings report $1,811,060 to it, the largest being HENRY P KENDALL FOUNDATION ($760,000). 8 of them have funded it in more than one year.

Revenue FY2024
$3.2M
Funders on record
15
Grants received
$1.8M
Net assets
$7.8M
8/15 repeat funderspeak grant-dependency 53%
01What it does

What Boston Public Market Association Inc does

Mission

Our mission is to continue to develop and operate a permanent year-round market in boston and to support the farmers, fishers, and entrepreneurs who grow, catch, and produce local food, and to nourish our community with food and experiences.

As stated on its FY2024 Form 990.

Program

  1. Development and operation of a permanent market -the boston public market association, inc. Is the developer and operator of the boston public market (bpma) that opened in july 2015. Bpma invested additional resources in marketing, development, small business support, and rent subsidies for its permanent vendors. All eligible vendors at the permanent public market accept healthy incentives program, wic, and senior coupons. Bpma also operated a successful short-term vendor program, providing an opportunity for over 30 different small food businesses to sell in the market on a weekly basis. With over 1.5 million visitors in 2024, bpma has continued to operate the market as a public, civic space where all are welcome and every member of the community can learn more about the local food system from small, independent new england food businesses.

    $3,244,635 spent$1,381,967 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,244,635.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.6M) Expenses 100 ($2.7M) Net assets 100 ($12M)2018 Revenue 108 ($1.7M) Expenses 100 ($2.7M) Net assets 92 ($11M)2019 Revenue 109 ($1.7M) Expenses 96 ($2.6M) Net assets 85 ($10M)2020 Revenue 119 ($1.9M) Expenses 84 ($2.3M) Net assets 81 ($9.7M)2021 Revenue 82 ($1.3M) Expenses 79 ($2.1M) Net assets 76 ($9.0M)2022 Revenue 159 ($2.5M) Expenses 98 ($2.7M) Net assets 75 ($8.9M)2023 Revenue 172 ($2.7M) Expenses 126 ($3.4M) Net assets 70 ($8.3M)2024 Revenue 201 ($3.2M) Expenses 135 ($3.6M) Net assets 66 ($7.8M)
'17'18'19'20'21'22'23'24
Revenue (201)Expenses (135)Net assets (66)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $11M to $11M (−8%).

$13M
$12M
$12M
$11M
$11M
$11M
$9.8M
$9.2M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 27% · 2023 17% · 2024 16%. Grants only. Government contracts and fees sit inside program revenue.

44% of BOSTON PUBLIC MARKET ASSOCIATION INC’s revenue is contributions — about as donation-reliant as the typical peer (88% for the typical peer).

This organization
Typical peer · 1,093 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 8 reported years ran a deficit.

−$1.1M
’17
−$985k
’18
−$837k
’19
−$373k
’20
−$834k
’21
−$130k
’22
−$662k
’23
−$457k
’24
2.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Cheryl Cronin

CEO

Board chair

Lisa Sebesta

Board chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1614161313131314
Joined·+0+3+0+1+1+1+2
No longer listed·2131111
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $20k → $65k.

5 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BOSTON PUBLIC MARKET ASSOCIATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BOSTON PUBLIC MARKET ASSOCIATION INC leans on a few funders — its largest provides 42% of grant income and the top three 84%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

42%
largest funder
84%
top three
~4
effective funders

Largest funder’s share by year: 2017 100% · 2018 66% · 2019 88% · 2020 74% · 2021 47% · 2022 98% · 2023 48% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

14% of BOSTON PUBLIC MARKET ASSOCIATION INC's funders are still giving 3 years after their first grant; 53% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of BOSTON PUBLIC MARKET ASSOCIATION INC's grant income comes from Massachusetts funders.

NY
MA
RI
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’22
Massachusetts out of state home

Funder states come from each funder’s own filing. $230k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BOSTON PUBLIC MARKET ASSOCIATION INC's funding base is broadening — from 1 funders to 4 as grant income climbed.

Operating margin−14% · bottom quartile
Months of reserve2.4mo · below the median
Revenue growth (annualized)10% · below the median

this organization peer median middle 50% of peers· 1,003 public benefit nonprofits $1M–$10M, FY2024

Organizations like BOSTON PUBLIC MARKET ASSOCIATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 8%Fundraising 4%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

63%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 1 related entity

  • Grow Bpma LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for BOSTON PUBLIC MARKET ASSOCIATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BOSTON PUBLIC MARKET ASSOCIATION INC?
BOSTON PUBLIC MARKET ASSOCIATION INC (Massachusetts) receives grants from 15 organizations whose IRS filings report $1,811,060 to it, the largest being HENRY P KENDALL FOUNDATION ($760,000). 8 of them have funded it in more than one year.
How many funders does BOSTON PUBLIC MARKET ASSOCIATION INC have?
IRS filings report 15 organizations giving $1,811,060 in grants to BOSTON PUBLIC MARKET ASSOCIATION INC, 8 of which have funded it in more than one year.
Who is the largest funder of BOSTON PUBLIC MARKET ASSOCIATION INC?
HENRY P KENDALL FOUNDATION is the largest funder on record, with $760,000 in grants. The full list of funders is on this page.
How can an organization like BOSTON PUBLIC MARKET ASSOCIATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Boston Public Market Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing