Broad Street Comedy

Analysis

Broad Street Comedy is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in November 2014, 12 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 December 2023, Broad Street Comedy reported income of $179k and spending of $181k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $179k (+27%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 27%. 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, Broad Street Comedy sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include India Association of Charlotte ($179k), New York State Ballet Corp ($179k) and Mendota Museum & Historical Society ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 82% of the total. At year end it held assets of $82k against liabilities of $29k, net assets of $53k.