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Modern School of Fashion and Design Inc

Boston, Massachusetts · EIN 04-2037931 · Education · tax-exempt since 1957

C

Charity Clarity grade C (score 50.4 of 100), based on the Form 990 for the year ended May 2025.

Graded against 69,412 education nonprofits with revenue $500K–$2M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.72.1 months0
GovernanceBoard independence, key policies and audit, per the 990.91% of practices91
Margin stabilityHow steady the surplus or deficit is year to year.8
Revenue spreadHow much revenue rests on one type of income.3% from one source82
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.75.2%not scored
Management costsShare of spending.19.8%not scored
Cost to raise $1Fundraising cost per dollar given.$1.52not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20162017201820212022202320242025grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
May 2025Form 990$1.12M$1.17M−$50K$7.02M72.117C
May 2024Form 990$702K$1.14M−$439K$7.18M75.518D
May 2023Form 990$7.24M$666K$6.57M$6.99M125.912C
May 2022Form 990$347K$301K$46K$442K17.613B
May 2021Form 990$305K$419K−$113K$496K14.214B
May 2018Form 990$589K$582K$6,687$652K13.416B
May 2017Form 990$441K$542K−$101K$645K14.314A
May 2016Form 990$383K$505K−$121K$702K16.713B

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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