Broadway Sacramento

Analysis

Broadway Sacramento is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 1964, 62 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, Broadway Sacramento reported income of $23.5m and spending of $21.7m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.8m to $23.5m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 223%. Over the whole period it spent 89% 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 Sacramento sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Sheas Oconnel Preservation Guild Ltd ($23.5m), Maine Public Broadcasting Corporation ($23.6m) and Social Science Research Council ($23.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $603k (2.8% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $27.0m against liabilities of $13.2m, net assets of $13.7m. It reported 662 employees.