Brooklyn Youth Chorus Academy Inc
Brooklyn Youth Chorus Academy Inc. frequently operates at a deficit, with expenses often exceeding revenue in recent fiscal years.
EIN: 113129249 · Brooklyn, NY · NTEE: A6B0 · Updated: 2026-03-28
Is Brooklyn Youth Chorus Academy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brooklyn Youth Chorus Academy Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brooklyn Youth Chorus Academy Inc
Brooklyn Youth Chorus Academy Inc (EIN: 113129249) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code A6B0. The organization reported total revenue of $9.0M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brooklyn Youth Chorus Academy Inc'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 Brooklyn Youth Chorus Academy Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Brooklyn Youth Chorus Academy Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, which is highly unusual for an organization of its size and revenue, and suggests either a fully volunteer leadership or compensation is reported under different categories.
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 Brooklyn Youth Chorus Academy Inc's IRS 990 filings:
- Recurring operational deficits (e.g., $432,162 in 2023, $274,336 in 2021)
- Unusually low or 0% officer compensation reported, which may obscure actual leadership costs or indicate an unsustainable volunteer model for an organization of this size.
Strengths
The following positive indicators were identified for Brooklyn Youth Chorus Academy Inc:
- Consistent IRS 990 filing history (13 filings), indicating good transparency practices.
- Maintains a healthy asset base, providing a buffer against operational deficits.
- Strong program focus, as suggested by typical nonprofit spending benchmarks.
Frequently Asked Questions about Brooklyn Youth Chorus Academy Inc
Is Brooklyn Youth Chorus Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brooklyn Youth Chorus Academy Inc (EIN: 113129249) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Brooklyn Youth Chorus Academy Inc spend its money?
Brooklyn Youth Chorus Academy Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brooklyn Youth Chorus Academy Inc tax-deductible?
Brooklyn Youth Chorus Academy Inc is registered as a tax-exempt nonprofit (EIN: 113129249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Brooklyn Youth Chorus Academy Inc. financially sustainable given its recurring deficits?
The organization has frequently reported expenses exceeding revenue, such as in 2023 ($2,388,219 expenses vs. $1,956,057 revenue). While it maintains a substantial asset base (e.g., $4,184,630 in 2023), this pattern suggests a reliance on reserves or other funding sources to cover operational shortfalls, raising questions about long-term financial sustainability without a shift in revenue generation or expense management.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual revenues often exceeding $2 million. This could indicate that leadership roles are entirely volunteer-based, or that compensation for key personnel is categorized differently within the financial statements, which would warrant further investigation for clarity.
What is the trend in the organization's net assets?
The organization's assets have fluctuated but generally remained robust, ranging from $3,386,092 in 2015 to $4,209,949 in 2022. However, the recurring operational deficits (e.g., $432,162 deficit in 2023) could gradually erode these assets if not addressed by increased revenue or reduced expenses.
Filing History
IRS 990 filing history for Brooklyn Youth Chorus Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brooklyn Youth Chorus Academy Inc's revenue has grown by 36.6%, moving from $1.4M to $2.0M. Total assets increased by 14.4% over the same period, from $3.7M to $4.2M. Total functional expenses rose by 81.2%, from $1.3M to $2.4M. In its most recent filing year (2023), Brooklyn Youth Chorus Academy Inc reported a deficit of $432K, with expenses exceeding revenue. The organization holds $366K in liabilities against $4.2M in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.4M | $4.2M | $366K | — | — |
| 2022 | $2.6M | $2.0M | $4.2M | $158K | — | View 990 |
| 2021 | $1.5M | $1.8M | $4.3M | $710K | — | — |
| 2020 | $1.9M | $2.2M | $4.0M | $386K | — | View 990 |
| 2019 | $2.6M | $2.4M | $4.4M | $503K | — | View 990 |
| 2018 | $2.2M | $2.4M | $4.2M | $507K | — | View 990 |
| 2017 | $3.3M | $2.6M | $4.3M | $476K | — | View 990 |
| 2016 | $2.4M | $2.3M | $3.5M | $404K | — | View 990 |
| 2015 | $2.1M | $2.3M | $3.4M | $334K | — | View 990 |
| 2014 | $1.7M | $1.8M | $3.6M | $220K | — | View 990 |
| 2013 | $1.4M | $1.5M | $3.6M | $103K | — | View 990 |
| 2012 | $1.6M | $1.5M | $3.8M | $176K | — | View 990 |
| 2011 | $1.4M | $1.3M | $3.7M | $182K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.4M, and assets of $4.2M (revenue -23.4% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.0M, and assets of $4.2M (revenue +71.8% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.8M, and assets of $4.3M (revenue -22.6% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.2M, and assets of $4.0M (revenue -27.5% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.4M, and assets of $4.4M (revenue +19.0% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.4M, and assets of $4.2M (revenue -32.5% year-over-year).
- 2017: Revenue of $3.3M, expenses of $2.6M, and assets of $4.3M (revenue +37.4% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.3M, and assets of $3.5M (revenue +17.0% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.3M, and assets of $3.4M (revenue +19.3% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.8M, and assets of $3.6M (revenue +26.4% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.5M, and assets of $3.6M (revenue -17.3% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.5M, and assets of $3.8M (revenue +14.8% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.3M, and assets of $3.7M.
Data Sources and Methodology
This transparency report for Brooklyn Youth Chorus Academy 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.