Civic Intelligence

The Broadway League Inc

EIN 13-0951470 • 501(c)6 • New York, NY

Profile

To increase awareness of, and interest in, broadway theatre.

729 Seventh AveNew York, NY 10019

www.broadwayleague.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.14x

Higher debt load relative to assets than 35% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.22x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

78th percentile

17%

Higher net margin than 78% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

79th percentile

$617,304

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

61st percentile

8.6%

Faster asset growth than 61% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

0.0%

Faster revenue growth than 26% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$21,101,012

Up $1,668,523 (+8.6%) from 2023

Liabilities

Down

$2,901,818

Down $287,949 (-9.0%) from 2023

Net Assets

Up

$18,199,194

Up $1,956,472 (+12%) from 2023

Revenue

Up

$13,369,954

Up $3,460 (+0.0%) from 2023

Expenses

Up

$11,053,492

Up $214,843 (+2.0%) from 2023

Net Income

Down

$2,316,462

Down $211,383 (-8.4%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $6,595,705Liabilities 2010: $3,257,772Net Assets 2010: $3,337,9332010Assets 2011: $8,461,105Liabilities 2011: $3,065,121Net Assets 2011: $5,395,9842011Assets 2012: $9,552,624Liabilities 2012: $3,138,700Net Assets 2012: $6,413,9242012Assets 2013: $10,768,838Liabilities 2013: $2,002,108Net Assets 2013: $8,766,7302013Assets 2014: $13,804,002Liabilities 2014: $2,306,024Net Assets 2014: $11,497,9782014Assets 2015: $16,161,843Liabilities 2015: $2,491,515Net Assets 2015: $13,670,3282015Assets 2016: $17,164,173Liabilities 2016: $2,006,422Net Assets 2016: $15,157,7512016Assets 2017: $19,553,445Liabilities 2017: $1,670,792Net Assets 2017: $17,882,6532017Assets 2018: $20,081,830Liabilities 2018: $1,317,211Net Assets 2018: $18,764,6192018Assets 2019: $21,275,789Liabilities 2019: $1,211,117Net Assets 2019: $20,064,6722019Assets 2020: $20,917,099Liabilities 2020: $1,288,566Net Assets 2020: $19,628,5332020Assets 2021: $17,394,373Liabilities 2021: $2,280,979Net Assets 2021: $15,113,3942021Assets 2022: $15,383,724Liabilities 2022: $1,542,352Net Assets 2022: $13,841,3722022Assets 2023: $19,432,489Liabilities 2023: $3,189,767Net Assets 2023: $16,242,7222023Assets 2024: $21,101,012Liabilities 2024: $2,901,818Net Assets 2024: $18,199,1942024

Highlighted filing

2024

Assets$21,101,012
Liabilities$2,901,818
Net Assets$18,199,194

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $7,632,9312010Expenses 2011: $7,420,5562011Expenses 2012: $7,842,0972012Revenue 2013: $9,360,554Expenses 2013: $7,587,315Net Income 2013: $1,773,2392013Revenue 2014: $10,686,833Expenses 2014: $7,662,661Net Income 2014: $3,024,1722014Revenue 2015: $10,474,102Expenses 2015: $8,356,224Net Income 2015: $2,117,8782015Revenue 2016: $10,749,549Expenses 2016: $8,786,808Net Income 2016: $1,962,7412016Revenue 2017: $10,997,319Expenses 2017: $8,818,885Net Income 2017: $2,178,4342017Revenue 2018: $11,277,156Expenses 2018: $10,425,056Net Income 2018: $852,1002018Revenue 2019: $11,871,569Expenses 2019: $9,997,223Net Income 2019: $1,874,3462019Revenue 2020: $7,784,060Expenses 2020: $8,924,170Net Income 2020: -$1,140,1102020Revenue 2021: $2,874,492Expenses 2021: $7,793,153Net Income 2021: -$4,918,6612021Revenue 2022: $8,413,567Expenses 2022: $9,280,270Net Income 2022: -$866,7032022Revenue 2023: $13,366,494Expenses 2023: $10,838,649Net Income 2023: $2,527,8452023Revenue 2024: $13,369,954Expenses 2024: $11,053,492Net Income 2024: $2,316,4622024

Highlighted filing

2024

Revenue$13,369,954
Expenses$11,053,492
Net Income$2,316,462

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.1$2.90$18.2$13.4$11.1$2.32
2023Detailed filing. Detailed filing data is available for this year.$19.4$3.19$16.2$13.4$10.8$2.53
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$1.54$13.8$8.41$9.28$0.87
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.4$2.28$15.1$2.87$7.79$4.92
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.9$1.29$19.6$7.78$8.92$1.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.3$1.21$20.1$11.9$10.00$1.87
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.1$1.32$18.8$11.3$10.4$0.85
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.6$1.67$17.9$11.0$8.82$2.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$2.01$15.2$10.7$8.79$1.96
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$2.49$13.7$10.5$8.36$2.12
2014Detailed filing. Detailed filing data is available for this year.$13.8$2.31$11.5$10.7$7.66$3.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$2.00$8.77$9.36$7.59$1.77
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.55$3.14$6.41$7.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.46$3.07$5.40$7.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.60$3.26$3.34$7.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jun 18, 2025
Return Version
2023v6.0
Gross Receipts
$13,369,954
Mission and Program Overview

Mission

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.

To increase awareness of, and interest in, broadway theatre.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,595,227$12,273,345▲ $678,118
Savings and Temporary Cash Investments$3,542,774$4,552,644▲ $1,009,870
Accounts Receivable$529,315$944,006▲ $414,691
Cash and Non-Interest-Bearing Accounts$97,549$445,771▲ $348,222
Prepaid Expenses and Deferred Charges$264,041$406,455▲ $142,414
Pledges and Grants Receivable$171,100$170,000▼ $1,100
Land, Buildings, and Equipment, Net$43,616$72,902▲ $29,286
Investments Program Related$535,871$17,443▼ $518,428
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$19,432,489$21,101,012▲ $1,668,523
Other Assets Total$2,652,996$2,218,446▼ $434,550
Liabilities
Other Liabilities$1,792,692$1,251,676▼ $541,016
Deferred Revenue$714,723$863,086▲ $148,363
Accounts Payable and Accrued Expenses$682,352$787,056▲ $104,704
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,189,767$2,901,818▼ $287,949
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,242,722$18,199,194▲ $1,956,472
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$16,242,722$18,199,194▲ $1,956,472
Total Liabilities and Net Assets / Fund Balance$19,432,489$21,101,012▲ $1,668,523

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$72,902$351,173$424,075
Leasehold Improvements$0$274,800$274,800
Other Assets Org$1,031,052--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charlotte St MartinPresident, thru 02/2024FT$552,530$64,774$617,304
Jason Laks presidenteff. 2/24, interim before 2/24FT$477,787$82,924$560,711
Ellen GreenwaldChief Marketing OfficerFT$257,589$106,838$364,427
Christopher BrockmeyerDirector Employee BenefitsFT$257,128$81,004$338,132
Cheryl PhillipsChief Financial OfficerFT$215,691$58,354$274,045
Alison CorinotisAsst. Director Labor RelationsFT$245,778$24,974$270,752
Thomas FerrugiaDirector Government RelationsFT$204,565$57,619$262,184
Neal FreemanChief Digital & Tech OfficerFT$191,081$50,943$242,024
Gennean ScottChief Diversity OfficerFT$176,498$64,508$241,006
Rachel ReinerDirector Audience EngagementFT$160,775$59,165$219,940
Jean MurphyTony Awards AdministratorFT$124,147$44,759$168,906
Scalla JaksoDirector CommunicationsFT$118,546$44,331$162,877
Raul ArgudinSr. Mgr HR & ComplianceFT$113,786$29,065$142,851

Board Members and Trustees

NameTitle
Kristin CaskeyChair
Lauren ReidImmediate Past Chair
Colleen Jennings-RoggensackRoad Vice Chair
Al NocciolinoBoard of Governors
Alecia ParkerBoard of Governors
Allan WilliamsBoard of Governors
Amy JacobsBoard of Governors
Andrew FlattBoard of Governors
Anthony LaTorellaBoard of Governors
Barry WeisslerBoard of Governors
Brian MorelandBoard of Governors
Charles FlatemanBoard of Governors
Christina SelbyBoard of Governors
David RichardsBoard of Governors
David StoneBoard of Governors
David TurnerBoard of Governors
Devin KeudellBoard of Governors
Dione KennedyBoard of Governors
Dori BerinsteinBoard of Governors
Hal GoldbergBoard of Governors
James L NederlanderBoard of Governors
Jeff ChelesvigBoard of Governors
Jeff DanielBoard of Governors
Jeff LoebBoard of Governors
Jeffrey FinnBoard of Governors
Jeffrey SellerBoard of Governors
Joey ParnesBoard of Governors
John GoreBoard of Governors
John O'BrienBoard of Governors
Jordan RothBoard of Governors
Julio PetersonBoard of Governors
Kara GebhartBoard of Governors
Kendra Whitlock IngramBoard of Governors
Kumiko YoshiiBoard of Governors
LaChanzeBoard of Governors
Laura KendallBoard of Governors
Lia VollackBoard of Governors
Maggie BrohnBoard of Governors
Mara IsaacsBoard of Governors
Maria Van LaanenBoard of Governors
Matthew RegoBoard of Governors
Mike BosnerBoard of Governors
Nick ScandaliosBoard of Governors
Rashad ChambersBoard of Governors
Rich JaffeBoard of Governors
Robert E WankelBoard of Governors
Sammy LopezBoard of Governors
Seth Sklar-HeynBoard of Governors
Stephen LewinBoard of Governors
Sue FrostBoard of Governors
Susie KrajsaBoard of Governors
Sydney BeersBoard of Governors
Tammie WardBoard of Governors
Temah HigginsBoard of Governors
Thomas KirdahyBoard of Governors
Thomas SchumacherBoard of Governors
Tom GabbardBoard of Governors
Van KaplanBoard of Governors
Elliot GreeneSecretary/Tresurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Proskauer Rose LLPlegal service11 TIMES SQUARE, New York, NY 10036$1,090,658
ELMENDORF STRATEGIES dba SUBJECT MLobbying900 7th st NWsuite 600, Washington, DC 20001-3815$180,000
Harbinger Strategies LLClobbying801 Pennsylvania Ave NW Suite 430, Washington, DC 20004$180,000
Fst Development Productionsevent producers1650 BROADWAY STE 800, New York, NY 10019$131,596
Revenue and Support

Revenue Composition

Contributions and Grants
$168,300
Program Service Revenue
$12,557,401
Investment Income
$644,253
Other Revenue
$0
Change in Net Assets
$2,316,462

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,369,954
Revenue Not Reported on Form 990
$240,010
Total Revenue per Audited Statements
$13,609,964
Total Revenue per Form 990
$13,369,954
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,943,681
Other Expenses$5,109,811
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$2,097,190$662,271-$2,759,461
Other Salaries and Wages$1,576,444$591,365-$2,167,809
Fees for Services Legal$755,902$150,652-$906,554
Occupancy$475,163$203,641-$678,804
Fees for Services Other$305,256$246,487-$551,743
Fees for Services Lobbying$456,717--$456,717
Other Employee Benefits$312,744$113,697-$426,441
Payroll Taxes$254,857$79,822-$334,679
Office Expenses$215,314$71,914-$287,228
Advertising$271,393--$271,393
Pension Plan Contributions$191,318$63,973-$255,291
Other Expenses$180,168$10,967-$191,135
All Other Expenses$22,156$102,736-$124,892
Conferences and Meetings$76,144$23,991-$100,135
Insurance$44,046$14,585-$58,631
Fees for Services Accounting-$43,655-$43,655
Travel$18,429$1,767-$20,196
Depreciation Depletion$12,754$5,466-$18,220
Total Functional Expenses$8,666,503$2,386,989$0$11,053,492

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,653,492
Expenses per Audited Statements$11,053,492
Total Expenses per Form 990$11,053,492
Expenses Not Reported on Form 990$600,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$456,717
Total Nondeductible Lobbying and Political Cost$-1,100,329
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities - Operating$1,251,676
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 2:

The broadway league is a trade association representing various interests in the production of broadway theatre throughout the united states. Its members inclue theatre owners, producers, presenters, and general managers, and its board of governors is drawn from members who undertake such roles. As a result, members of the board will almost certainly have business relationships with various other members of the board. Further, certain members are employed by the same organization and certain board members have a family relationship with other board members.

FORM 990, PART VI, SECTION A, LINE 6:

The members of the organization are theatre owners and operators, producers, presenters & general manangers of broadway & touring broadway productions.

FORM 990, PART VI, SECTION A, LINE 7A:

The by-laws designate all full, honorary and lifetime members as entitled to vote in all elections, and further state that the board of governors shall be elected by members at the annual meeting.

FORM 990, PART VI, SECTION B, LINE 11B:

A draft of 990 is sent to the board of governors for review and comments before submission.

FORM 990, PART VI, SECTION B, LINE 12C:

The broadway league inc. Has a conflicts of interest policy which applied to all members of the board of governors during the fiscal year under review. This policy requires annual disclosure of potential conflicts.

FORM 990, PART VI, SECTION B, LINE 15A:

The president's annual salary is approved by a compensation committee appointed by the board. Compensation is based on industry standards.

FORM 990, PART VI, SECTION C, LINE 19:

Governing documents are available at the organization's offices upon request.

Filing and Contact Details

Filer

Filer Name
The Broadway League Inc
EIN
13-0951470
In Care Of
% CHERI PHILLIPS CFO
Phone
2127641122
Address
729 SEVENTH AVE, NEW YORK, NY 10019

Signing Officer

Name
Cheri Phillips
Title
CFO
Phone
2127641122
Signed
2025-06-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cheri Phillips
Formed
1930
Legal Domicile
Ny
Voting Board Members
59
Independent Board Members
59
Employees
58
Volunteers
59

Preparer

Firm
Withumsmithbrown Pc
Address
1411 BROADWAY 9TH FLOOR, NEW YORK, NY 10018
Preparer
Lara Waldner Holderbaum CPA
Phone
2127519100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:

PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST 156,725 EQUITY LOSS OF JOINT VENTURES -118,428 Reserve for investment in joint venture -500,000 TOTAL TO FORM 990, PART XI, LINE 9 -461,703

FORM 990, PART XII, LINE 2C:

The board has approved the audit committee for the oversight of the audit which includes reviewing the audited financials.

Financial Statement Notes

PART X, LINE 2:

The organization believes that it has the appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

EQUITY LOSS OF JOINT VENTURE ($118,428) PLUS Reserve for investment in joint venture ($500,000) plus PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST of $156,725 = ($461,703).

Raw XML AppendixShowing 400 of 1,235 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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