Broadway Education Alliance Inc

Analysis

Broadway Education Alliance Inc is a registered charity in United States, based in Rhinebeck, NY. It received its IRS tax-exemption ruling in February 2011, 15 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 December 2023, Broadway Education Alliance Inc reported income of $486k and spending of $497k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $298k to $486k (+63%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 95% 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 Education Alliance Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Circus Education Specialists Inc ($486k), Imagine Mke Inc ($486k) and Covenant Ballet Theatre of Brooklyn Inc ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $141k. At year end it held assets of $119k against liabilities of $65k, net assets of $54k. It reported 25 employees.