Project Broadway Inc

Analysis

Project Broadway Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2012, 14 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, Project Broadway Inc reported income of $208k and spending of $203k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $208k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Project Broadway Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Copper Coin Ballet Company ($208k), The Forum Inc ($208k) and Last Whispers Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.