The Broadway Association Inc
Nonprofit profile at a glance
- EIN
- 130524500
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 2129380001
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Coalitions
Reported finances
- Revenue
- $44,735
- Expenses
- $66,806
- Assets
- $40,150
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JEFFREY GURAL (VICE PRESIDENT)
- TOM HARRIS (VICE PRESIDENT)
People named in this filing
- CRISTYNE L NICHOLAS (CHAIR)
- DENNIS SWANSON (CHAIR EMERITUS)
- CHARLOTTE ST MARTIN (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
An economic betterment of the broadway theater district, working with many civic and cultural organizations to upgrade services and maintain a healthy climate in the district.
What it reported doing in 2024
Engaged in and hosted monthly meetings with business community representatives and speakers in connection with improving the broadway and times square district. Testified with state and city agencies on matters related to improvements of the times square district.
Operating model
- Revenue model
- Membership-supported. 62% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 95% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.4%; rating input score 81
- Program expense ratio: 54.5%; rating input score 55
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -49.3%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -19.8% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: -5.6% per year; rating input score 0; 33rd percentile among comparable filings
- Asset growth: -3% per year; rating input score 0; 29th percentile among comparable filings
Details
- Where the money goes: 81.4% of revenue deployed · 54.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $36K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.