Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Boston Dragon Boat Festival Inc is a nonprofit organization dedicated to fostering learning and exploration of diverse multicultural heritage, with a particular emphasis on Asian-American heritage in New England. With an operating budget of $215.5K and total revenue of $260.7K for the 2024 filing year, the festival aims to create a platform for citizens from various backgrounds to share goodwill through arts and athletics, ultimately enhancing community life and understanding. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse financial base to support its mission.

Mission Statement

THE BOSTON DRAGON BOAT FESTIVAL FOSTERS LEARNING AND EXPLORATION OF DIVERSE MULTI-CULTURAL HERITAGE, ESPECIALLY THAT OF THE ASIAN-AMERICAN HERITAGE IN NEW ENGLAND. THE GOAL OF THE FESTIVAL IS TO PROVIDE A COMMON SETTING THROUGH WHICH CITIZENS OF DIVERSE BACKGROUNDS MAY SHARE GOODWILL. THE SHORT-TERM IMPACT IS A DAY OF FRIENDSHIP, AND THE LONG-TERM IMPACT WILL BE BONDS FORGED WITHIN A HERITAGE ACTIVITY AND EXTENDED TO LIFE-LONG UNDERSTANDING AMONG PEOPLE OF DIVERSE BACKGROUNDS. SHARED PARTICIPATION IN ARTS AND ATHLETICS NOT ONLY SERVES AS UNIFYING STRATEGIES, IT ALSO IMPROVES COMMUNITY LIFE AND HEALTH AND FITNESS FOR ALL.
Revenues
$260.7K
Expenses
$215.5K
Net Income:
+$45.2K
Assets
$290.9K
Liabilities
$0
Net Assets:
+$290.9K
Operating Budget
$215.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$5K
Largest grant received
$5K
G
Gail Wang
Board Member
M
Madeline Wan
Board Member
K
Kai Pong
Board Member

Frequently Asked Questions

What is BOSTON DRAGON BOAT FESTIVAL INC’s budget?
In 2024, BOSTON DRAGON BOAT FESTIVAL INC reported an annual operating budget of around $216 thousand. More detailed financial information is available to registered users.
What causes does BOSTON DRAGON BOAT FESTIVAL INC support?
BOSTON DRAGON BOAT FESTIVAL INC supports work in Water sports, Arts education, and Arts and culture.
Where does BOSTON DRAGON BOAT FESTIVAL INC operate?
BOSTON DRAGON BOAT FESTIVAL INC is headquartered in West Newton, MA.
Who funded BOSTON DRAGON BOAT FESTIVAL INC recently?
In 2024, BOSTON DRAGON BOAT FESTIVAL INC received grants from Chinese Cultural Foundation Inc, Eastern Bank Charitable Foundation, and Eastern Bank Charitable Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant BOSTON DRAGON BOAT FESTIVAL INC received in 2024?
The largest grant to BOSTON DRAGON BOAT FESTIVAL INC in 2024 exceeds $5,000.