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EIN 27-0382989

MassChallenge

IRS 501(c) type
501(c)(3)
Num. employees
93
City
Boston
State
Massachusetts
Year formed
2009
Most recent tax filings
2022-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
To help startups win without taking equity. We envision a creative and inspired society in which everyone recognizes that they can define their future and is empowered to maximize their impact.
Total revenues
$10,179,370
2022
Total expenses
$11,098,508
2022
Total assets
$9,785,870
2022
Num. employees
93
2022

Program areas at MassChallenge

Ran a global startup competition in boston, ma with 1200+ applicants from across the us and the world.selected 125 companies to enter a 4 month accelerator program.the 125 companies in the accelerator program received free office space, several educational and networking events, access to 400+ mentors, and access to multi million in-kind sponsorships from various corporate sponsors.

Who funds MassChallenge

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
JP Morgan Chase FoundationIn Support of Underserved Small Business Expansion$250,000
Combined Jewish Philanthropies of Greater BostonSocial Services$200,000
Fidelity FoundationPlanning$125,000
...and 12 more grants received

Personnel at MassChallenge

NameTitleCompensation
Cait BrummeChief Executive Officer
Caitlin BrummeChief Executive Officer and President / Managing Director$276,412
Lauren DoughertyTreasurer and Clerk and Chief Operating Officer / Treasurer and Chief Operating Officer$177,437
Lisa McLaughlinChief Operating Officer$59,552
Robby BittingChief of Staff
...and 30 more key personnel

Financials for MassChallenge

RevenuesFYE 12/2022
Total grants, contributions, etc.$9,771,638
Program services$407,732
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$10,179,370

Form 990s for MassChallenge

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-03990View PDF
2019-122021-02-19990View PDF
2018-122020-02-13990View PDF
...and 10 more Form 990s
Data update history
April 23, 2024
Updated personnel
Identified 9 new personnel
April 13, 2024
Used new vendors
Identified 2 new vendors, including , and
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 6 new personnel
December 31, 2023
Received grants
Identified 1 new grant, including a grant for $125,000 from Fidelity Foundation
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Business and industry
Characteristics
Operates internationallyReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
10 Fan Pier Blvd 3rd Floor
Boston, MA 02210
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
masschallenge.org/ 
Phone
(888) 782-7820
Twitter profile
@masschallenge 
IRS details
EIN
27-0382989
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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