The Broadway League Foundation Inc is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broadway League Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Broadway League Foundation Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $1.4m during the year ending 08/2022. While expenses have increased by 5.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE AND PROMOTE PROFESSIONAL THEATRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NATIONAL HIGH SCHOOL MUSICAL THEATER AWARDS ("JIMMY'S"), AN ANNUAL EVENT PROVIDING HIGH SCHOOL STUDENTS FROM US THE OPPORTUNITY TO EXPERIENCE, COMPETE TOGETHER AND TO PERFORM ON A BROADWAY STAGE.
ENLIGHTEN & INCREASE PUBLICS KNOWLEDGE APPRECIATION AND AWARENESS OF THEATRICAL ARTS - PROMOTION OF LIVE THEATRE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Nocciolino President | OfficerTrustee | 0.5 | $0 |
Charlotte St Martin Vice President | OfficerTrustee | 0.5 | $0 |
Elliot Greene Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Cheri Phillips Chief Financial Officer | Officer | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $68,723 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $69,407 |
| Noncash contributions included in lines 1a–1f | $10,958 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,130 |
| Total Program Service Revenue | $1,181,099 |
| Investment income | $539 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,319,768 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $97,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,882 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $988 |
| Fees for services: Management | $132,048 |
| Fees for services: Legal | $563 |
| Fees for services: Accounting | $23,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,371 |
| Information technology | $16,112 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $47,767 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $488 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,298 |
| All other expenses | $1,094,853 |
| Total functional expenses | $1,446,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,263 |
| Savings and temporary cash investments | $860,215 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $883,478 |
| Accounts payable and accrued expenses | $61,924 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $54,322 |
| Total liabilities | $116,246 |
| Net assets without donor restrictions | $620,104 |
| Net assets with donor restrictions | $147,128 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $883,478 |