Broadway Theatre League of Utica

Analysis

Broadway Theatre League of Utica is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in February 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Broadway Theatre League of Utica reported income of $2.0m and spending of $2.1m, spending 105% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.6m to $2.0m (+27%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 1381%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Broadway Theatre League of Utica sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include American College of Clinical Pharmacology ($2.0m), National Association of Episcopal Schools Inc ($2.0m) and Boy Scouts of America ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.5% and program service revenue 90% of the total. Other salaries and wages came to $298k. At year end it held assets of $1.3m against liabilities of $682k, net assets of $604k. It reported 6 employees.