Berkshire Innovation Center Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE BERKSHIRE INNOVATION CENTER EXPANDS THE INNOVATION CAPACITY AND GROWTH POTENTIAL OF BUSINESSES BY PROVIDING ADVANCED CAPABILITIES TO MANUFACTURERS IN THE BERKSHIRES REGION - PRIMARILY SMALL AND MEDIUM SIZED COMPANIES (AND STARTUPS) IN LIFE SCIENCES, THE LIFE SCIENCES SUPPLY CHAIN, ADVANCED MANUFACTURING, AND TECHNOLOGY. THE GOAL IS TO ENABLE AND ACCELERATE THE GROWTH OF THE MANUFACTURING SECTOR WITH THE ULTIMATE OBJECTIVE OF SPURRING ECONOMIC GROWTH, JOB CREATION.
- Income
- $1.5 million
- Spending
- $2.0 million
- Spent on programs
- 84%
- Reserves
- -4.4 months of spending
- Largest source of income
- government grants, 58%
- Employees
- 9
- Volunteers
- 18
- Highest pay
- $169,086, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 40 out of 100. Higher than 9% of charities in its peer group (employment, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
20 of 20It owes 9% of what it owns.
Living within its means
0 of 15Spending exceeded income by 30% of income.
Income trend
5 of 15Income fell 17% on the year before.
Spending floor
15 of 1583% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (employment, $1m to $10m).
Independent board
25 of 2518 of 18 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.7 million spent. THE CORPORATION IS ORGANIZED TO PROVIDE FACILITIES AND EDUCATIONAL PROGRAMS THAT ENABLE AND ACCELERATE INNOVATION AND GROWTH OF EXISTING BUSINESS IN THE BERKSHIRE COUNTY, MASSACHUSETTS AREA, PARTICULARLY SMALL TO MEDIUM SIZED MANUFACTURING COMPANIES, WITH THE OBJECT OF SPURRING ECONOMIC GROWTH, DEVELOPING A SKILLED WORKFORCE AND INCREASING JOBS AND INVESTMENT IN THE REGION THROUGH THE DEVELOPMENT AND OPERATIONS OF: 1.) A STATE-OF-THE-ART SCIENTIFIC, HIGH TECHNOLOGY RESEARCH AND BUSINESS INCUBATOR FACILITY AND 2.) EDUCATION PROGRAMS TO PROVIDE STUDENTS AND LOCAL BUINESS COMMUNITY WITH THE TRAINING, KNOWLEDGE, EXPERIENCE AND SCIENTIFIC SKILLS NECESSARY TO SUCCEED IN AN INCREASINGLY TECHNOLOGY DRIVEN ECONOMY.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.