Broadway Theatre League Of Utica
Broadway Theatre League Of Utica experiences recent operating deficits but maintains strong asset reserves.
EIN: 161015478 · Utica, NY · Updated: 2026-03-28
Is Broadway Theatre League Of Utica Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Broadway Theatre League Of Utica directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Broadway Theatre League Of Utica
Broadway Theatre League Of Utica (EIN: 161015478) is a nonprofit organization based in Utica, NY. The organization reported total revenue of $2.4M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Broadway Theatre League Of Utica's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Broadway Theatre League Of Utica with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Broadway Theatre League Of Utica allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting a volunteer-led executive team or that compensation falls below reporting thresholds, which is highly efficient for an organization with over $2 million in annual revenue.
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 Broadway Theatre League Of Utica's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (202406 and 202306), indicating potential operational deficits.
- Assets decreased from $1,578,729 in 202306 to $1,286,375 in 202406, suggesting a draw on reserves or asset depreciation.
Strengths
The following positive indicators were identified for Broadway Theatre League Of Utica:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Strong asset base ($1,286,375 in 202406) significantly exceeding liabilities ($682,443 in 202406), providing financial stability.
- Successful revenue recovery post-pandemic, with annual revenues consistently above $2 million after a dip in 202106.
- Long filing history (14 filings) suggests consistent compliance and operational longevity.
Frequently Asked Questions about Broadway Theatre League Of Utica
Is Broadway Theatre League Of Utica a legitimate charity?
Based on AI analysis of IRS 990 filings, Broadway Theatre League Of Utica (EIN: 161015478) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Broadway Theatre League Of Utica spend its money?
Broadway Theatre League Of Utica directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Broadway Theatre League Of Utica tax-deductible?
Broadway Theatre League Of Utica is registered as a tax-exempt nonprofit (EIN: 161015478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Broadway Theatre League Of Utica financially sustainable given recent deficits?
While the organization has experienced operating deficits in the last two reported periods (202406 and 202306), its strong asset base of $1,286,375 (202406) relative to liabilities of $682,443 provides a buffer to absorb these shortfalls, indicating a degree of financial resilience.
How has the organization recovered from the 2021 revenue dip?
The organization has shown a strong recovery from its low revenue of $173,496 in 202106, with revenues rebounding to $2,570,318 in 202206 and remaining above $2 million in subsequent years, demonstrating a successful return to pre-pandemic activity levels.
What is the trend in the organization's net assets?
Net assets (Assets minus Liabilities) have generally been positive and substantial. While there was a slight decrease from $1,578,729 in assets in 202306 to $1,286,375 in 202406, the organization consistently maintains a healthy positive net asset position, indicating financial stability over time.
Filing History
IRS 990 filing history for Broadway Theatre League Of Utica showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Broadway Theatre League Of Utica's revenue has grown by 80.3%, moving from $1.1M to $2.0M. Total assets increased by 13.5% over the same period, from $1.1M to $1.3M. Total functional expenses rose by 94.4%, from $1.1M to $2.1M. In its most recent filing year (2024), Broadway Theatre League Of Utica reported a deficit of $98K, with expenses exceeding revenue. The organization holds $682K in liabilities against $1.3M in assets (debt-to-asset ratio: 53.1%), resulting in net assets of $604K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $2.0M | $2.1M | $1.3M | $682K | — | View 990 |
| 2023 | $2.3M | $2.6M | $1.6M | $838K | — | View 990 |
| 2022 | $2.6M | $2.0M | $1.5M | $539K | — | View 990 |
| 2021 | $173K | $329K | $1.5M | $905K | — | View 990 |
| 2020 | $1.6M | $1.8M | $1.1M | $573K | — | View 990 |
| 2019 | $1.6M | $1.6M | $961K | $308K | — | View 990 |
| 2018 | $1.6M | $1.4M | $954K | $246K | — | View 990 |
| 2017 | $1.6M | $1.6M | $1.5M | $955K | — | View 990 |
| 2016 | $1.6M | $1.6M | $1.5M | $1.0M | — | View 990 |
| 2015 | $1.3M | $1.2M | $1.5M | $1.1M | — | View 990 |
| 2014 | $1.4M | $1.5M | $1.3M | $903K | — | View 990 |
| 2013 | $1.2M | $1.3M | $995K | $557K | — | View 990 |
| 2012 | $1.4M | $1.6M | $1.1M | $577K | — | View 990 |
| 2011 | $1.1M | $1.1M | $1.1M | $488K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.0M, expenses of $2.1M, and assets of $1.3M (revenue -10.4% year-over-year).
- 2023: Revenue of $2.3M, expenses of $2.6M, and assets of $1.6M (revenue -11.4% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.0M, and assets of $1.5M (revenue +1381.5% year-over-year).
- 2021: Revenue of $173K, expenses of $329K, and assets of $1.5M (revenue -89.5% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.8M, and assets of $1.1M (revenue +2.2% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $961K (revenue +0.4% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.4M, and assets of $954K (revenue -2.0% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $1.5M (revenue +2.4% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.6M, and assets of $1.5M (revenue +22.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $1.5M (revenue -4.5% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.5M, and assets of $1.3M (revenue +13.8% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.3M, and assets of $995K (revenue -15.8% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.6M, and assets of $1.1M (revenue +25.8% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $1.1M.
Data Sources and Methodology
This transparency report for Broadway Theatre League Of Utica 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.