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Arts, Culture, Humanities : Performing Arts

Brooklyn Academy of Music

America's oldest continuously operating performing arts center

three stars

85.14

30 Lafayette Avenue Brooklyn, NY 11217
tel: (718) 636-4194   Web Site
EIN: 11-2201344

Board Leadership
Adam E. Max
Board Chair

CEO
Katy Clark
President

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 85.14 three stars
  Financial 79.37 two stars
  Accountability & Transparency 96.00 four stars
This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?

To be the home for adventurous artists, audiences, and ideas.

To be the home for adventurous artists, audiences, and ideas.

Impact Information

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Financial

two stars

79.37

Accountability & Transparency

four stars

96.00

This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 78.5%
  Administrative Expenses 7.6%
  Fundraising Expenses 13.8%
  Fundraising Efficiency $0.20
  Working Capital Ratio (years) 0.83
  Program Expenses Growth -0.8%
  Liabilities to Assets 5.4%
All data for Financial Performance Metrics calculations was provided by Brooklyn Academy of Music on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Brooklyn Academy of Music on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Brooklyn Academy of Music (NY) 85.14 three stars
Kauffman Center for the Performing Arts (MO) 89.45 three stars
Colorado Springs Fine Arts Center (CO) 90.71 four stars
Celebrity Series of Boston (MA) 91.75 four stars
Community Partnership for Arts and Culture (OH) 92.26 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $24,896,681
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,187,349
   Related Organizations $7,478,996
   Government Grants $6,388,143
Total Contributions $39,951,169
   Program Service Revenue $15,112,248
Total Primary Revenue $55,063,417
   Other Revenue $1,079,060
TOTAL REVENUE $56,142,477
   
EXPENSES  
   Program Expenses $40,247,120
   Administrative Expenses $4,015,328
   Fundraising Expenses $7,555,665
TOTAL FUNCTIONAL EXPENSES $51,818,113
   
Payments to Affiliates $0
Excess (or Deficit) for the year $4,324,364
   
Net Assets $132,671,490

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Next Wave Festival $8,787,528 21.8%
Spring Season $7,072,550 17.6%
Film Repertory Program $5,415,818 13.5%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 06/01/2019 85.14 three stars
2017-06 07/01/2018 85.15 three stars
2016-06 10/01/2017 88.72 three stars
2015-06 08/01/2016 89.97 three stars
2014-06 06/01/2016 89.48 three stars
 
CN 2.0
2014-06 10/01/2015 88.32 three stars
2013-06 12/01/2014 89.61 three stars
2012-06 09/01/2013 94.93 four stars
2011-06 09/01/2012 90.02 four stars
2010-06 09/20/2011 90.14 four stars
 
CN 1.0
2009-06 11/24/2010 81.89 three stars
2008-06 10/01/2009 93.26 four stars
2006-06 11/01/2007 84.87 three stars
2005-06 11/01/2006 77.47 two stars
2004-06 12/01/2005 58.79 one star
2003-06 10/01/2004 86.12 three stars
2002-06 10/01/2003 67.49 one star
2001-06 02/05/2003 82.44 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 11-2201344
Name in IRS Master File BROOKLYN ACADEMY OF MUSIC INC
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (90) Cultural performances
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date December, 1969
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$337,341 0.65% Katy Clark President
Other Salaries of Note
$411,875 0.79% Joseph V. Melillo Executive Producer

Highly Rated

Charity Name & State Overall Score Overall Rating
Brooklyn Academy of Music (NY) 85.14 three stars
Association for the Colonial Theatre (PA) 93.98 four stars
Harris Theater (IL) 89.40 three stars
Strathmore (MD) 90.00 four stars
Denver Center for the Performing Arts (CO) 85.00 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Brooklyn Academy of Music
30 Lafayette Avenue
Brooklyn, NY 11217
tel: (718) 636-4194
EIN: 11-2201344

Visit Web Site

Board Leadership

Adam E. Max
Board Chair

CEO

Katy Clark
President

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