The Broadway League Inc
- Assets
- $17.4m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 44
- Location
- New York, NY
- Founding
- 10/1942
- Data as of
- 08/2021
- EIN
- 13-0951470
Organization Overview
The Broadway League Inc is located in New York, NY. The organization was established in 1942. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Broadway League Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broadway League Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2021, Broadway League Inc generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $7.8m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE AWARENESS OF, AND INTEREST IN, BROADWAY THEATRE. TO PROVIDE SERVICES ON BEHALF OF MEMBERS INCLUDING MARKETING PROGRAMS AND SPECIAL EVENTS; LABOR, GOVERNMENT AND MEDIA RELATIONS; INDUSTRY AND COMMUNITY INTERACTION AND MAINTENANCE OF RELEVANT RESEARCH ARCHIVES AND DATABASES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO INCREASE AWARENESS OF, AND INTEREST IN, BROADWAY THEATRE. TO PROVIDE SERVICES ON BEHALF OF MEMBERS INCLUDING MARKETING PROGRAMS AND SPECIAL EVENTS; LABOR, GOVERNMENT AND MEDIA RELATIONS; INDUSTRY AND COMMUNITY INTERACTION AND MAINTENANCE OF RELEVANT RESEARCH ARCHIVES AND DATABASES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlotte St Martin President | Officer | 40 | $461,955 |
Scott Irgang Dir Of Labor Relations | 40 | $278,967 | |
Ellen Greenwald Dir Of Marketing | 40 | $211,138 | |
Christopher Brockmeyer Dir Employee Benefit Fds | 40 | $210,910 | |
Allison Corinotis Assoc Dir Of Labor Relatio | 40 | $199,169 | |
Edward Sandler Dir Of Memb. Services (former) | 40 | $178,889 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Proskauer Rose Llp Legal | 8/30/21 | $623,380 |
Elmendorf Strategies Llc Covid Consulting | 8/30/21 | $300,000 |
Harbinger Strategies Llc Covid Consulting | 8/30/21 | $300,000 |
Brian S Koll Covid Consulting | 8/30/21 | $144,000 |
Kevin Kayes Llc Legal | 8/30/21 | $146,880 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $478,229 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $478,229 |
| Total Program Service Revenue | $2,181,710 |
| Investment income | $87,303 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $127,250 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,874,492 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,749 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $682,908 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,309,010 |
| Pension plan accruals and contributions | $67,698 |
| Other employee benefits | $493,082 |
| Payroll taxes | $204,769 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $515,946 |
| Fees for services: Accounting | $33,500 |
| Fees for services: Lobbying | $337,478 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,502,228 |
| Advertising and promotion | $78,126 |
| Office expenses | $107,764 |
| Information technology | $178,003 |
| Royalties | $0 |
| Occupancy | $538,454 |
| Travel | $5,504 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,579 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62,294 |
| Insurance | $78,014 |
| All other expenses | $93,697 |
| Total functional expenses | $7,793,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $317,174 |
| Savings and temporary cash investments | $12,465,528 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $367,490 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $178,145 |
| Net Land, buildings, and equipment | $51,178 |
| Investments—publicly traded securities | $2,503,112 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,511,746 |
| Total assets | $17,394,373 |
| Accounts payable and accrued expenses | $681,993 |
| Grants payable | $0 |
| Deferred revenue | $786,909 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $812,077 |
| Other liabilities | $0 |
| Total liabilities | $2,280,979 |
| Net assets without donor restrictions | $15,113,394 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,394,373 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Broadway League Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Providence Performing Arts Center Providence, RI PURPOSE: GENERAL SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advertising Research Foundation Inc New York, NY | $7,084,927 | $8,623,968 |
The International Coalition Of Historic Ite Museums Of Conscience New York, NY | $2,572,354 | $8,768,933 |
Theatre Communications Group Inc New York, NY | $7,458,021 | $6,461,267 |
The Broadway League Inc New York, NY | $17,394,373 | $2,874,492 |
American Symphony Orchestra League New York, NY | $11,789,942 | $6,931,089 |
Video Advertising Bureau Inc New York, NY | $5,863,677 | $6,614,761 |
Opera America Inc New York, NY | $21,495,082 | $5,690,929 |
American Institute Of Graphic Arts New York, NY | $6,026,446 | $3,684,558 |
American Numismatic Society New York, NY | $59,393,840 | $7,804,427 |
College Art Association Of America Inc New York, NY | $11,184,804 | $5,238,547 |
Authors Guild Inc New York, NY | $3,070,324 | $4,065,324 |
Boston Society Of Architects Treasurers Office Boston, MA | $12,418,866 | $3,237,658 |