Bric Arts Media Bklyn Inc
Bric Arts Media Bklyn Inc faces recent operating deficits despite substantial assets and consistent revenue.
EIN: 112547268 · Brooklyn, NY · NTEE: A600 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.4M |
| Total Expenses | $18.6M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $14.3 |
| Net Assets | $13.0M |
| Transparency Score | 70/100 |
Is Bric Arts Media Bklyn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bric Arts Media Bklyn Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bric Arts Media Bklyn Inc
Bric Arts Media Bklyn Inc (EIN: 112547268) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code A600. The organization reported total revenue of $13.4M and total assets of $15.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bric Arts Media Bklyn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bric Arts Media Bklyn Inc is a large nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.3M |
| Total Expenses | $18.6M |
| Surplus / Deficit | $-4,237,026 |
| Total Assets | $16.4M |
| Total Liabilities | $3.4M |
| Net Assets | $13.0M |
| Operating Margin | -29.6% |
| Debt-to-Asset Ratio | 20.9% |
| Months of Reserves | 10.6 months |
Financial Health Grade: B
In 2023, Bric Arts Media Bklyn Inc reported a deficit of $4.2M with expenses exceeding revenue, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 20.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bric Arts Media Bklyn Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.5% | +7.8% | -25.7% |
| 2022 | +41.0% | +23.9% | -0.1% |
| 2021 | -21.1% | -12.9% | +-0.0% |
| 2020 | -4.3% | -1.2% | -1.4% |
| 2019 | -0.7% | +4.6% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bric Arts Media Bklyn Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Bric Arts Media Bklyn Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all periods, which is unusual for an organization of this size ($14.3 million in revenue in 202306) and suggests that executive compensation may be categorized differently or that leadership is entirely volunteer-based.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bric Arts Media Bklyn Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent periods (e.g., $18.5M expenses vs. $14.3M revenue in 202306).
- Significant decrease in total assets over the last decade (from $23.8M in 201406 to $16.3M in 202306).
- Lack of reported officer compensation, which could obscure executive pay practices.
Strengths
The following positive indicators were identified for Bric Arts Media Bklyn Inc:
- Long history of consistent IRS 990 filings (13 filings), indicating strong transparency.
- Substantial asset base ($16.3M in 202306) providing a buffer against financial fluctuations.
- Consistent high revenue generation, typically above $12 million annually.
Frequently Asked Questions about Bric Arts Media Bklyn Inc
Is Bric Arts Media Bklyn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bric Arts Media Bklyn Inc (EIN: 112547268) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Bric Arts Media Bklyn Inc spend its money?
Bric Arts Media Bklyn Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bric Arts Media Bklyn Inc tax-deductible?
Bric Arts Media Bklyn Inc is registered as a tax-exempt nonprofit (EIN: 112547268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bric Arts Media Bklyn Inc CEO make?
Bric Arts Media Bklyn Inc's highest-compensated officer earns $14.3 annually. The organization reported $13.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bric Arts Media Bklyn Inc's spending goes to programs?
Bric Arts Media Bklyn Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bric Arts Media Bklyn Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Bric Arts Media Bklyn Inc is above average for NTEE category A600 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bric Arts Media Bklyn Inc located?
Bric Arts Media Bklyn Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112547268. It is classified under NTEE code A600.
How many years of IRS 990 filings does Bric Arts Media Bklyn Inc have?
Bric Arts Media Bklyn Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $13.4M in total revenue.
Is Bric Arts Media Bklyn Inc financially sustainable given recent deficits?
The organization has reported expenses exceeding revenue in the 202306 and 202106 periods. While it possesses significant assets ($16,386,065 in 202306), sustained deficits could impact long-term financial health if not reversed.
What is the reason for the consistent 0% officer compensation reported?
The filings consistently show 0% officer compensation. This could mean that executive roles are unpaid, or that compensation is reported under other expense lines, making it difficult to assess executive pay transparency without further detail.
Why have the organization's assets decreased significantly since 2014?
Assets have declined from $23,861,796 in 201406 to $16,386,065 in 202306. This trend, coupled with recent operating deficits, suggests a potential draw on reserves or asset depreciation, which warrants further investigation.
Filing History
IRS 990 filing history for Bric Arts Media Bklyn Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bric Arts Media Bklyn Inc's revenue has grown by 84.6%, moving from $7.8M to $14.3M. Total assets increased by 81.3% over the same period, from $9.0M to $16.4M. Total functional expenses rose by 46%, from $12.7M to $18.6M. In its most recent filing year (2023), Bric Arts Media Bklyn Inc reported a deficit of $4.2M, with expenses exceeding revenue. The organization holds $3.4M in liabilities against $16.4M in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $13.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.3M | $18.6M | $16.4M | $3.4M | — | — |
| 2022 | $17.4M | $17.2M | $22.1M | $4.7M | — | View 990 |
| 2021 | $12.3M | $13.9M | $22.1M | $4.8M | — | View 990 |
| 2020 | $15.6M | $15.9M | $22.1M | $3.3M | — | View 990 |
| 2019 | $16.3M | $16.1M | $22.4M | $3.3M | — | View 990 |
| 2018 | $16.4M | $15.4M | $22.0M | $3.0M | — | View 990 |
| 2017 | $15.5M | $14.2M | $22.2M | $2.4M | — | View 990 |
| 2016 | $13.9M | $12.6M | $22.4M | $2.3M | — | View 990 |
| 2015 | $15.5M | $11.7M | $23.1M | $2.1M | — | View 990 |
| 2014 | $17.0M | $10.9M | $23.9M | $4.4M | — | View 990 |
| 2013 | $11.6M | $8.1M | $16.8M | $3.6M | — | View 990 |
| 2012 | $8.8M | $6.5M | $11.5M | $1.9M | — | View 990 |
| 2011 | $7.8M | $12.7M | $9.0M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.3M, expenses of $18.6M, and assets of $16.4M (revenue -17.5% year-over-year).
- 2022: Revenue of $17.4M, expenses of $17.2M, and assets of $22.1M (revenue +41.0% year-over-year).
- 2021: Revenue of $12.3M, expenses of $13.9M, and assets of $22.1M (revenue -21.1% year-over-year).
- 2020: Revenue of $15.6M, expenses of $15.9M, and assets of $22.1M (revenue -4.3% year-over-year).
- 2019: Revenue of $16.3M, expenses of $16.1M, and assets of $22.4M (revenue -0.7% year-over-year).
- 2018: Revenue of $16.4M, expenses of $15.4M, and assets of $22.0M (revenue +5.7% year-over-year).
- 2017: Revenue of $15.5M, expenses of $14.2M, and assets of $22.2M (revenue +11.8% year-over-year).
- 2016: Revenue of $13.9M, expenses of $12.6M, and assets of $22.4M (revenue -10.1% year-over-year).
- 2015: Revenue of $15.5M, expenses of $11.7M, and assets of $23.1M (revenue -9.0% year-over-year).
- 2014: Revenue of $17.0M, expenses of $10.9M, and assets of $23.9M (revenue +46.9% year-over-year).
- 2013: Revenue of $11.6M, expenses of $8.1M, and assets of $16.8M (revenue +31.3% year-over-year).
- 2012: Revenue of $8.8M, expenses of $6.5M, and assets of $11.5M (revenue +13.7% year-over-year).
- 2011: Revenue of $7.8M, expenses of $12.7M, and assets of $9.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bric Arts Media Bklyn Inc:
Data Sources and Methodology
This transparency report for Bric Arts Media Bklyn Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.