Breakthrough BT Media Inc

Analysis

Breakthrough BT Media Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2020, 6 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, Breakthrough BT Media Inc reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $253k to $1.2m (+373%), an average of +68% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Breakthrough BT Media Inc 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 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Childrens Museum of Eau Claire Inc ($1.2m), Performing Arts Center Inc ($1.2m) and Arc Stages Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $98k (8.8% of expenses). Other salaries and wages came to $422k. At year end it held assets of $220k against liabilities of $39k, net assets of $181k. It reported 9 employees.