BCT Brooklyn Childrens Theatre

Analysis

BCT Brooklyn Childrens Theatre is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, BCT Brooklyn Childrens Theatre reported income of $766k and spending of $780k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.0m to $766k (-25%), an average of -5.5% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, BCT Brooklyn Childrens Theatre sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Gorham Arts Alliance ($766k), Assembly House 150 Inc ($766k) and Employment Policies Institute Foundation ($765k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $88k (11% of expenses). Other salaries and wages came to $358k. It paid $10k in professional fundraising fees. At year end it held assets of $546k against liabilities of $309k, net assets of $237k. It reported 30 employees.