Quick charity verification for The Broadway League Inc (EIN: 130951470)
Verdict: The Broadway League Inc appears trustworthy
85/100Mission Score
$13.4MRevenue
$21.1MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is atypical for an organization of this scale and warrants further investigation into executive compensation structures.
Strengths
Strong financial recovery post-pandemic, with revenue rebounding from $2,874,492 in 2021 to $13,366,494 in 2023.
Consistent growth in assets, reaching $21,101,012 in the latest period, indicating financial stability and accumulation of resources.
Effective expense management, with expenses generally kept below or close to revenue, leading to positive net assets.
Long history of consistent IRS 990 filings, demonstrating a commitment to transparency.
Spending Breakdown
How The Broadway League Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Inc
Is The Broadway League Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Broadway League Inc (EIN: 130951470) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is The Broadway League Inc a good charity to donate to?
The Broadway League Inc has a Mission Score of 85/100. Revenue: $13.4M. Assets: $21.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Broadway League Inc?
The Employer Identification Number (EIN) for The Broadway League Inc is 130951470. 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 Inc spend its money?
The Broadway League Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Broadway League Inc's tax-exempt status?
You can verify The Broadway League Inc's tax-exempt status using EIN 130951470 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 Inc. demonstrates a generally stable financial position, with assets consistently above $15 million over the past decade, reaching $21,101,012 in the latest filing. Revenue has fluctuated, experiencing a significant dip in 2021 to $2,874,492, likely due to the pandemic's impact on live theater, but has since rebounded strongly to $13,366,494 in 2023. The organization has consistently managed its expenses, typically spending less than or close to its revenue, indicating sound financial management. For instance, in 2023, expenses were $10,838,649 against revenues of $13,366,494, resulting in a surplus.
Spending efficiency appears reasonable, though a detailed breakdown of program vs. administrative and fundraising expenses is not provided in the summary data. However, the consistent positive net assets and the ability to recover from significant revenue drops suggest effective resource allocation. The reported 0% officer compensation across all filings is a notable point regarding executive pay, indicating that top executives are either unpaid or compensated through other means not categorized as 'Officer Comp' in this summary, which could be a strength for donor perception or a point for further inquiry regarding full compensation structures.
Transparency, based solely on the provided data, is good in terms of consistent filing of IRS Form 990s. The absence of reported officer compensation is a significant data point that contributes to transparency, as it clearly states that no compensation was reported in that category. Further analysis would require access to the full 990 forms to understand detailed expense categories and compensation structures for all key employees.