Brooklyn Steppers

Analysis

Brooklyn Steppers is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2024, 2 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Brooklyn Steppers reported income of $311k and spending of $291k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $417k to $311k (-25%), an average of -7.0% a year. The sharpest change came in the year to June 2021, when income dropped by 59%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brooklyn Steppers sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Rocky Mountain Dance Theatre ($311k), Abba a Womens Resource Center ($311k) and International Art Museum of America ($311k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $37k (13% of expenses). Other salaries and wages came to $105k. It paid $28k in professional fundraising fees. At year end it held assets of $157k against liabilities of $16k, net assets of $142k. It reported 12 employees.