Is Broadway Theatre League Of Utica Legit?

Quick charity verification for Broadway Theatre League Of Utica (EIN: 161015478)

Verdict: Broadway Theatre League Of Utica appears trustworthy

75/100Mission Score
$2.4MRevenue
$1.3MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Broadway Theatre League Of Utica demonstrates a generally stable financial position, though recent years show expenses exceeding revenue. In the latest filing (202406), expenses were $2,137,528 against revenues of $2,039,606, resulting in a deficit. This trend was also observed in 202306, where expenses of $2,568,042 surpassed revenues of $2,276,193. However, the organization maintains healthy assets, reported at $1,286,375 in 202406, which comfortably exceed its liabilities of $682,443, indicating a solid balance sheet. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of resource allocation towards its mission. The organization's revenue has fluctuated, with a significant dip in 202106 to $173,496, likely due to pandemic impacts, but has since recovered to over $2 million annually.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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