Quick charity verification for The Broadway League Foundation Inc (EIN: 133740065)
Verdict: The Broadway League Foundation Inc appears trustworthy
90/100Mission Score
$2.0MRevenue
$1.2MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent revenue growth, especially post-2020, reaching $1,770,156 in 202308.
No reported officer compensation across all 13 filings, indicating strong financial stewardship.
Healthy asset base of $1,006,011 in 202308 with relatively low liabilities ($49,691).
Positive net income (surplus) in most recent periods, including $189,088 in 202308.
Spending Breakdown
How The Broadway League Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about The Broadway League Foundation Inc
Is The Broadway League Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Broadway League Foundation Inc (EIN: 133740065) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is The Broadway League Foundation Inc a good charity to donate to?
The Broadway League Foundation Inc has a Mission Score of 90/100. Revenue: $2.0M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Broadway League Foundation Inc?
The Employer Identification Number (EIN) for The Broadway League Foundation Inc is 133740065. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does The Broadway League Foundation Inc spend its money?
The Broadway League Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Broadway League Foundation Inc's tax-exempt status?
You can verify The Broadway League Foundation Inc's tax-exempt status using EIN 133740065 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Broadway League Foundation Inc. demonstrates a generally stable financial position with consistent revenue growth in recent years, rebounding strongly from a dip during the 2020 period. In the latest filing (202308), the organization reported revenues of $1,770,156 against expenses of $1,581,068, indicating a healthy surplus. Its assets have also shown growth, reaching $1,006,011 in 202308, while liabilities remain relatively low at $49,691, suggesting good financial management and solvency. The consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of transparency and a focus on mission-related spending rather than executive enrichment.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health appears sound. The organization's ability to generate a surplus in most years, particularly in the last two periods, allows for reinvestment in its mission. The absence of officer compensation is a strong point for spending efficiency and transparency, as it suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive signal for donors. Further detailed analysis of the full 990 forms would be needed to precisely determine the efficiency ratios for program delivery versus overhead.