Broadway and Vine Inc

Analysis

Broadway and Vine Inc is a registered charity in United States, based in Napa, CA. It received its IRS tax-exemption ruling in August 2022, 4 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 and Vine Inc reported income of $302k and spending of $292k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $194k to $302k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. 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, Broadway and Vine Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include No Square Theatre ($302k), Raven Drum Foundation ($302k) and Watsonville Film Festival ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $5,893 against liabilities of $25k, net assets of -$19k.