Broadway Bound Childrens Theatre

Analysis

Broadway Bound Childrens Theatre is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2001, 25 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 August 2023, Broadway Bound Childrens Theatre reported income of $1.3m and spending of $1.1m, spending 85% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $878k to $1.3m (+53%), an average of +11% a year. The sharpest change came in the year to August 2022, when income rose by 97%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Broadway Bound Childrens Theatre sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Athletes for Israel Inc ($1.3m), Historic Morven Inc ($1.3m) and Theatre Three Productions Inc ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $152k (13% of expenses). Other salaries and wages came to $342k. At year end it held assets of $340k against liabilities of $21k, net assets of $319k. It reported 21 employees.