The Record Company Inc
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.
The Record Company Inc at a glance
- Total assets
- $11,607,463
- -6.2% vs 2024
- Revenue (2025)
- $2,082,295
- -13.1% vs 2024
- Net investment income (2025)
- $26,965
- -8.3% vs 2024
- Expenses (2025)
- $2,485,403
- -11.9% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Record Company Inc funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $500K–1M range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 1 grant totaling $917K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Friends of the Record Company Inc Boston, MA | Redeveloping and expanding the studio and rehearsal space located at 960 Massachusetts avenue in boston, Massachusetts. | $917,336 |
Ready to take the next step with The Record Company Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $11,607,463 | $2,082,295 | $2,485,403 | — | — | $26,965 |
| 2024 | $12,379,553 | $2,394,889 | $2,820,388 | — | — | $29,415 |
| 2023 | $12,516,063 | $1,496,044 | $2,500,511 | — | — | $29,418 |
| 2022 | $4,702,534 | $3,016,827 | $1,415,243 | — | — | $29,417 |
| 2021 | $3,786,300 | $2,710,315 | $1,839,960 | $917,336 | 1 | $29,417 |
| 2019 | $967,251 | $1,109,761 | $562,088 | — | — | $16 |
About The Record Company Inc
Based on IRS filings
The Record Company Inc is a public charity focused on Arts, Culture & Humanities, based in Boston, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $11.6M in total assets. Net investment income was $27K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Record Company Inc is led by Bobby Boyd, Executive Director on every filing since 2024; 2 of 14 officers listed in 2025 are compensated.
Officers on the 2025 filing
Bobby Boyd
Executive Director
On filings since 2024
39 hrs/week
$97K (2024) → $110K (2025)
Andrew Schulert
Chair
Treasurer → Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Rachel Jordan
Chair
Director → Chair, 2023
On filings since 2022
1 hr/week
No compensation reported
John Escobar
Director
On filings since 2019
1 hr/week
No compensation reported
Andy Youniss
Director
On filings since 2024
1 hr/week
No compensation reported
Matthew Lindley
Director
On filings since 2024
1 hr/week
No compensation reported
Nadina Talukdar
Director
On filings since 2024
1 hr/week
No compensation reported
Tessil Collins
Director
On filings since 2024
1 hr/week
No compensation reported
David Alexander
Director
New on the 2025 filing
1 hr/week
No compensation reported
Rob Eugene
Director
New on the 2025 filing
1 hr/week
No compensation reported
Robert Chow
Director
New on the 2025 filing
1 hr/week
No compensation reported
Rodney Alejandro
Director
New on the 2025 filing
1 hr/week
No compensation reported
Matthew S. McArthur
Former Executive Director
President & Executive Director → Executive Director, 2022
Executive Director → Former Executive Director, 2025
On filings since 2019
$49K (2019) → $111K (2025)
Zena Lum
Co-Chair
Director → Co-Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (6)
- Former: David Mash (2019–2024) — Governance Committee Chair
- Former: Doug Arsham (2019–2024) — Director
- Former: Mark Ethier (2019–2024) — Board & Advancement Committe Chair
- Former: Leslie Miller Jewett (2019–2021) — Clerk & Development Assistant
- Former: Ty-Juana Flores (2021) — Director
- Former: Andy Schulert (2019) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $111K, to Matthew S McArthur (Former Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Record Company Inc
How large is The Record Company Inc?
The Record Company Inc reported $11.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.1M.
What is The Record Company Inc?
The Record Company Inc is a public charity focused on Arts, Culture & Humanities, based in Boston, MA. It holds $11.6M in total assets as of 2025.
Where does The Record Company Inc operate?
The Record Company Inc has awarded grants in Massachusetts.
What is The Record Company Inc's EIN?
The Record Company Inc's EIN (Employer Identification Number) is 27-1238513. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS March 30, 2022)
- Added Form 990 for fiscal year 2019 (received by the IRS April 8, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in The Record Company Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Massachusetts
The Red Elm Tree Foundation
Lincoln, MA
The Red Elm Tree Foundation supports a varied range of organizations, including arts and music groups, conservation organizations, and public media, with most of its giving going to Massachusetts. In 2025, it awarded 15 grants of $500 to $27,500, with a median grant of $5,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$16.7M
Grants
15
Total Given
$101K
Boston Foundation Inc
Boston, MA
The Boston Foundation funds nonprofits and community initiatives focused on equity and opportunity, including child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer amounts such as $50,000; whether it accepts unsolicited requests is not stated.
Assets
$2.1B
Grants
2,375
Total Given
$228.4M
Eastern Bank Foundation
Wakefield, MA
Eastern Bank Foundation supports economic inclusion and mobility, including small businesses, early childhood development, affordable housing, and workforce development. Its 2025 grants ranged from $50 to $2,002,500, with a median of $2,500, primarily in Massachusetts and also in New Hampshire and Rhode Island. It accepts online applications and does not limit giving to preselected organizations.
Assets
$266.7M
Grants
1,786
Total Given
$19.0M
Barr Foundation
Boston, MA
The Barr Foundation funds arts and creativity, climate, education, and New England’s social sector, primarily through long-term support for organizations in New England. Its 2024 grants ranged from $100 to $3.275 million, with a median of $80,000. Its filing says it accepts only requests from preselected organizations and does not accept unsolicited requests, though its website describes program-page inquiries and occasional open calls.
Assets
$1.9B
Grants
903
Total Given
$123.2M
Liberty Mutual Foundation Inc
Boston, MA
Liberty Mutual Foundation funds basic needs such as food and shelter, education and workforce development, and climate and community infrastructure, including homelessness and community preparedness programs. Its 2024 grants had a median of $35,000, and most funding supports organizations or programs serving the Boston area, though it also gives elsewhere. It accepts unsolicited online requests on a rolling basis, with no submission deadlines.
Assets
$46.1M
Grants
706
Total Given
$50.6M
Cummings Foundation Grants Inc (FKA Oneworld Boston Inc)
Woburn, MA
Cummings Foundation Grants Inc. funds nonprofits working in human services, education, healthcare, fairness and justice, and the environment, primarily in greater Boston and eastern Massachusetts. Its 2024 grants ranged from $1,000 to $3.5 million, with a median of $35,000; it accepts letters of inquiry through an online portal during its application cycle, which was not open at the time described.
Assets
$258.2M
Grants
658
Total Given
$38.2M
More similar funders
More Funders in Massachusetts
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Record Company Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Record Company Inc down — hundreds of funders to go?