Civic Intelligence

Broadway Training Center of Westchester Inc.

990 • Fiscal year 2022 • EIN 13-3753610

Sep 01, 2021 to Aug 31, 2022 • Filed on Nov 21, 2022

10 Washington AvenueHastingsonhudson, NY 10706

(914) 478-5825

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.61x

Higher debt load relative to assets than 84% of similar nonprofits.

2022 filings • NTEE B • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

1.08x

Higher debt load relative to revenue than 91% of similar nonprofits.

2022 filings • NTEE B • $1M-$5M nonprofits • Source year 2022

Net Margin

41st percentile

3.8%

Higher net margin than 41% of similar nonprofits.

2022 filings • NTEE B • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE B • $1M-$5M nonprofits • Source year 2022

Asset Growth

57th percentile

5.8%

Faster asset growth than 57% of similar nonprofits.

2022 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

50%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,203,180

Up $65,936 (+5.8%) from 2021

Net Assets

Up

$471,153

Up $25,491 (+5.7%) from 2021

Liabilities

Up

$732,027

Up $40,445 (+5.8%) from 2021

Revenue

Up

$676,029

Up $225,870 (+50%) from 2021

Expenses

Up

$650,538

Up $278,141 (+75%) from 2021

Net Income

Down

$25,491

Down $52,271 (-67%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $76,750Liabilities 2010: $0Net Assets 2010: $76,7502010Assets 2011: $57,535Liabilities 2011: $0Net Assets 2011: $57,5352011Assets 2012: $53,307Liabilities 2012: $0Net Assets 2012: $53,3072012Assets 2013: $64,767Liabilities 2013: $0Net Assets 2013: $64,7672013Assets 2014: $92,420Liabilities 2014: $0Net Assets 2014: $92,4202014Assets 2015: $139,198Liabilities 2015: $23,891Net Assets 2015: $115,3072015Assets 2016: $141,734Liabilities 2016: $20,941Net Assets 2016: $120,7932016Assets 2017: $142,700Liabilities 2017: $17,392Net Assets 2017: $125,3082017Assets 2018: $223,598Liabilities 2018: $92,916Net Assets 2018: $130,6822018Assets 2019: $279,013Liabilities 2019: $112,775Net Assets 2019: $166,2382019Assets 2020: $373,728Liabilities 2020: $5,828Net Assets 2020: $367,9002020Assets 2021: $1,137,244Liabilities 2021: $691,582Net Assets 2021: $445,6622021Assets 2022: $1,203,180Liabilities 2022: $732,027Net Assets 2022: $471,1532022Assets 2023: $1,207,213Liabilities 2023: $772,872Net Assets 2023: $434,3412023Assets 2025: $1,166,886Liabilities 2025: $737,741Net Assets 2025: $429,1452025

Highlighted filing

2022

Assets$1,203,180
Liabilities$732,027
Net Assets$471,153

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $346,803Expenses 2010: $284,867Net Income 2010: $61,9362010Revenue 2011: $339,545Expenses 2011: $358,760Net Income 2011: -$19,2152011Expenses 2012: $366,3512012Revenue 2013: $404,429Expenses 2013: $392,969Net Income 2013: $11,4602013Revenue 2014: $431,616Expenses 2014: $403,856Net Income 2014: $27,7602014Revenue 2015: $432,288Expenses 2015: $415,660Net Income 2015: $16,6282015Revenue 2016: $425,388Expenses 2016: $419,902Net Income 2016: $5,4862016Revenue 2017: $419,815Expenses 2017: $415,300Net Income 2017: $4,5152017Revenue 2018: $428,767Expenses 2018: $423,393Net Income 2018: $5,3742018Revenue 2019: $534,142Expenses 2019: $498,586Net Income 2019: $35,5562019Revenue 2020: $692,804Expenses 2020: $491,142Net Income 2020: $201,6622020Revenue 2021: $450,159Expenses 2021: $372,397Net Income 2021: $77,7622021Revenue 2022: $676,029Expenses 2022: $650,538Net Income 2022: $25,4912022Revenue 2023: $698,001Expenses 2023: $734,813Net Income 2023: -$36,8122023Revenue 2025: $802,177Expenses 2025: $753,504Net Income 2025: $48,6732025

Highlighted filing

2022

Revenue$676,029
Expenses$650,538
Net Income$25,491
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Nov 21, 2022
Return Version
2021v4.2
Gross Receipts
$690,024
Mission and Program Overview

Mission

Our mission is to inspire, nurture, challenge, amaze, educate and empower artists and audiences.

Our mission is to inspire, nurture,challenge,amaze,educate and empower artists and audiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$853,676$850,819▼ $2,857
Savings and Temporary Cash Investments$264,818$351,272▲ $86,454
Accounts Receivable$18,750$1,089▼ $17,661
Total Assets$1,137,244$1,203,180▲ $65,936
Liabilities
Mortgage Notes Payable Secured by Investment Property$629,207$612,568▼ $16,639
Deferred Revenue$62,248$119,332▲ $57,084
Other Liabilities$127$127→ $0
Total Liabilities$691,582$732,027▲ $40,445
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$445,278$471,153▲ $25,875
Net Assets With Donor Restrictions$384$0▼ $384
Total Net Assets Fund Balance$445,662$471,153▲ $25,491
Total Liabilities and Net Assets / Fund Balance$1,137,244$1,203,180▲ $65,936

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$650,753$28,293$679,046
Land$160,000-$160,000
Leasehold Improvements$36,918$34,637$71,555
Equipment$3,148$33,836$36,984
Compensation and Service Providers

Board Members and Trustees

NameTitle
Theresa J SmithChair
Marie Tassini-ceccattiVice-chair
David FondillerDirector
Tracy BaronDirector
Steven SchoenfeldCo-treasurer
Susan SchoenfeldSecretary/co-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$274,687
Program Service Revenue
$394,530
Investment Income
$213
Other Revenue
$6,599
All Other Contributions
$186,135
Change in Net Assets
$25,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$407,151
Salaries, Compensation, and Employee Benefits$243,387
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$127,176$14,131-$141,307
Fees for Services Other$120,334$4,147-$124,481
Payroll Taxes$90,932$10,104-$101,036
Occupancy$27,207$3,023-$30,230
Depreciation Depletion$28,643--$28,643
Advertising$22,670--$22,670
Interest$19,741$2,193-$21,934
Other Expenses$8,738$971-$9,709
Office Expenses$7,416$824-$8,240
Insurance$7,368$819-$8,187
Travel$6,300--$6,300
All Other Expenses$5,112--$5,112
Information Technology$4,708--$4,708
Fees for Services Accounting-$3,164-$3,164
Pension Plan Contributions$940$104-$1,044
Total Functional Expenses$583,183$67,355$0$650,538
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$13,995
Fundraising Gross Income$13,995
Gaming Gross Income$6,599
Gaming Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Winter Fundraiser$47,547$13,995-$13,995
Raffle$6,599$6,599-$6,599
Total Events$54,146$20,594$13,995$6,599
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses and Taxes$127
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
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

Susan and steve schoenfeld are spouses on the board; jason brantman and fiona santos, as invitees to board meetings, are btc staff members and are spouses. Theresa j. Smith, marie tassini-ceccatti and tracy baron attend adult classes at btc, and theresa j. Smith's grandchildren attend classes at btc. Tracy baron is also a board member of both btc and spring community partners, with which btc has a relationship for scholarship students. No person related to an officer or key employee benefitted monetarily from the relationship.

Form 990, Part VI, Section B, Line 11B

Broadway training center has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by the co-treasurers and is ready to be filed with the internal revenue service, it is electronically sent to the board members of the organization for any comments. Any comments are then grouped, summarized and provided to the outside accountants. Each issue is documented and addressed until the return is finalized and approved for filing.

Form 990, Part VI, Section B, Line 12C

In order to comply with the broadway training center conflict of interest policy, board directors and employees annually complete a form to disclose real and potential conflicts of interest. The completetd forms are reviewed by the executive committee, and used to resolve any actual or potential conflicts and, in the absense of resolution, refer the matter to the board of directors. Whenever a director or officer has a financial or personal interest in any matter coming before the board of directors, the conflicted person shall (a) fully disclose the nature of the interest, (b) not be present at or participate in board or committee deliberations or vote on the matter, and (c) not attempt to influence improperly the deliberations or voting on the matter. Any transaction or vote involving a potential conflict of interest shall be approved only when a majority of disinterested directors determine that it is in the best interest of the organization to do so. Disclosure statements are completed annually. The board shall oversee the adoption and implementation of, and compliance with, this conflict of interest policy. Any transaction or vote involving a potential conflict of interest shall be approved only when a majority of disinterested directors determine that it is in the best interest of the organization to do so. The existence and resolution of the conflict shall be documented in btc records, including minutes of any meeting where the conflict is discussed or voted on.

Form 990, Part VI, Section C, Line 19

The organization makes its form 990 and its financial statements available for public inspection as required under section 6104 of the internal revenue code. It is posted on the new york state attorney general website, guidestar.org and other similar types of websites. In addition, financial statements, the conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 10 washington avenue, hastings-on-hudson, ny 10706 or by calling the organization directly at (914) 478-5825.

Filing and Contact Details

Filer

Filer Name
Broadway Training Center of
EIN
13-3753610
Phone
9144785825
Address
10 WASHINGTON AVENUE, HASTINGSONHUDSON, NY 10706

Signing Officer

Name
Susan Schoenfeld
Title
Co-treasurer and Secretary
Phone
9144785825
Signed
2022-11-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Theresa J Smith
Formed
1992
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
5
Volunteers
40

Preparer

Firm
Bosco Johnn & Co CPA Pc
Address
90 COLUMBUS AVENUE, VALHALLA, NY 10595
Preparer
Ronald Johnn
Phone
9146835553
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Our mission is to inspire, nurture, challenge, amaze, educate and empower artists and audiences. At btc, we see theatre as a vehicle for personal development. Our teaching mission is to offer the most professional training in the most nuturing environement to bring out the best qualities of an individual: honesty, responsibility and commitment, with passion, imagination and generosity. Students take away an increased self-confidence, paving their way to successful futures.

Form 990, Part IX, Line 11G

Instructor fees: program service expenses 106591. Management and general expenses 2620. Fundraising expenses 0. Total expenses 109211. Other services: program service expenses 13743. Management and general expenses 1527. Fundraising expenses 0. Total expenses 15270.

Financial Statement Notes

PART X, LINE 2:

The organization recognizes the effect of tax positions only when they are more likely than not to be sustained. Management has determined that the organization had no uncertain tax positions that would require financial statement recognition or disclosure. The organization is no longer subject to examinations by applicable taxing jurisdictions for periods prior to 2017.

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IRS990/Desc0-FALL ENSEMBLE 2021 SERVED 21 CHILDREN IN THE PROGRAM. THIS PERFORMANCE OF MATILDA, BOOK BY DENNIS KELLY, MUSIC AND LYRICS BY TIM MINCHIN, ALLOWED US TO TEACH CHILDREN AND TEENS THE NUANCE OF MUSICAL THEATRE THROUGH A POPULAR MUSICAL. STUDENTS WERE COMBINED FOR ALL GRADES (4-12), WHERE THE YOUNGER STUDENTS LEARN FROM THE OLDER ONES, AND THEY WORK TOGETHER TO PUT ON A STELLAR, LARGE-SCALE PRODUCTION, AND WERE A PART OF THE PROGRAM FROM SEPTEMBER THROUGH DECEMBER 2021.-SPRING SENIOR ENSEMBLE 2022 SERVED 15 TEENAGERS AND GAVE THEM THE OPPORTUNITY TO WORK WITH RENOWN EXPERTS IN THE FIELD TO LEARN THE NEW OFF-BROADWAY MUSICAL, THE LIGHTNING THIEF, THE PERCY JACKSON MUSICAL. BOOK BY JOE TRACZ, MUSIC & LYRICS BY ROB ROKICKI, ADAPTED FROM THE BOOK THE LIGHTNING THIEF BY RICK RIORDAN. THE PROGRAM RAN FROM JANUARY THROUGH MAY 2022.-SPRING JUNIOR ENSEMBLE 2022 SERVED 19 CHILDREN AND GAVE THEM THE OPPORTUNITY TO WORK ON THE TIMELESS MUSICAL, SINGIN' IN THE RAIN. SCREENPLAY BY BETTY COMDEN AND ADOLPH GREEN, SONGS BY NACIO HERB BROWN AND ARTHUR FREED, BASED ON THE CLASSIC MGM FILM. THE PROGRAM RAN FROM JANUARY THROUGH MAY 2022.
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IRS990/OtherExpensesGrp/Desc0SHOW EXPENSES
IRS990/OtherExpensesGrp/Desc1FUNDRAISING
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/Desc3MAINTENANCE FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt027750
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IRS990/OtherWebsiteInd0X
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010104
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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0THERESA J SMITH
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc0STUDENT REGISTRATION
IRS990/ProgramServiceRevenueGrp/Desc1TICKET SALES
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IRS990/PYExcessBenefitTransInd00
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IRS990/PYTotalExpensesAmt0372397
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0394530
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0264818
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt06063
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt04190
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0108122
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0101890
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0213
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07373
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0799
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0394530
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0282298
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0390823
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0438516
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0340133
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01846300
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0213
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01087
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09224
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt07373
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0799
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt018696
IRS990ScheduleA/InvestmentIncomeCYPct00.00660
IRS990ScheduleA/InvestmentIncomePYPct00.00740
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06599
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01165
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01591
IRS990ScheduleA/OtherIncome509Grp/TotalAmt09355
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93440
IRS990ScheduleA/PublicSupportPY509Pct00.95000
IRS990ScheduleA/PublicSupportTotal509Amt02630980
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt055921
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt027525
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt063095
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt06063
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt04190
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0156794
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0669217
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0447907
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0681989
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0546638
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0442023
IRS990ScheduleA/Total509Grp/TotalAmt02787774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0676029
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0450159
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0692804
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0554011
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0442822
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02815825
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0650753
IRS990ScheduleD/BuildingsGrp/DepreciationAmt028293
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0679046
IRS990ScheduleD/EquipmentGrp/BookValueAmt03148
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033836
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036984
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0160000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0160000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt036918
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt034637
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt071555
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0127
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES AND TAXES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0850819
IRS990ScheduleD/TotalLiabilityAmt0127
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt033552
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt033552
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013995
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt013995
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt013995
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WINTER FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0RAFFLE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt047547
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06599
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt054146
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013995
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06599
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020594
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06599
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BTC HAS A SCHOLARSHIP COMMITTEE CONSISTING OF SEVERAL BOARD MEMBERS, THE ARTISTIC DIRECTORS, AND TWO INDEPENDENT CPAS. APPLICANTS FOR SCHOLARSHIP ASSISTANCE ARE REQUIRED TO SUBMIT AN APPLICATION FORM, TAX RETURNS FOR THE TWO PREVIOUS YEARS, CURRENT PAYSTUBS, AND A LETTER OF EXPLANATION DEMONSTRATING THEIR FINANCIAL NEED. NO CASH AWARDS ARE DISTRIBUTED; ALL SCHOLARSHIP AWARDS ARE APPLIED AGAINST THEIR TUITION FOR ENROLLED CLASSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS TO INSPIRE, NURTURE, CHALLENGE, AMAZE, EDUCATE AND EMPOWER ARTISTS AND AUDIENCES. AT BTC, WE SEE THEATRE AS A VEHICLE FOR PERSONAL DEVELOPMENT. OUR TEACHING MISSION IS TO OFFER THE MOST PROFESSIONAL TRAINING IN THE MOST NUTURING ENVIRONEMENT TO BRING OUT THE BEST QUALITIES OF AN INDIVIDUAL: HONESTY, RESPONSIBILITY AND COMMITMENT, WITH PASSION, IMAGINATION AND GENEROSITY. STUDENTS TAKE AWAY AN INCREASED SELF-CONFIDENCE, PAVING THEIR WAY TO SUCCESSFUL FUTURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUSAN AND STEVE SCHOENFELD ARE SPOUSES ON THE BOARD; JASON BRANTMAN AND FIONA SANTOS, AS INVITEES TO BOARD MEETINGS, ARE BTC STAFF MEMBERS AND ARE SPOUSES. THERESA J. SMITH, MARIE TASSINI-CECCATTI AND TRACY BARON ATTEND ADULT CLASSES AT BTC, AND THERESA J. SMITH'S GRANDCHILDREN ATTEND CLASSES AT BTC. TRACY BARON IS ALSO A BOARD MEMBER OF BOTH BTC AND SPRING COMMUNITY PARTNERS, WITH WHICH BTC HAS A RELATIONSHIP FOR SCHOLARSHIP STUDENTS. NO PERSON RELATED TO AN OFFICER OR KEY EMPLOYEE BENEFITTED MONETARILY FROM THE RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BROADWAY TRAINING CENTER HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE CO-TREASURERS AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN ORDER TO COMPLY WITH THE BROADWAY TRAINING CENTER CONFLICT OF INTEREST POLICY, BOARD DIRECTORS AND EMPLOYEES ANNUALLY COMPLETE A FORM TO DISCLOSE REAL AND POTENTIAL CONFLICTS OF INTEREST. THE COMPLETETD FORMS ARE REVIEWED BY THE EXECUTIVE COMMITTEE, AND USED TO RESOLVE ANY ACTUAL OR POTENTIAL CONFLICTS AND, IN THE ABSENSE OF RESOLUTION, REFER THE MATTER TO THE BOARD OF DIRECTORS. WHENEVER A DIRECTOR OR OFFICER HAS A FINANCIAL OR PERSONAL INTEREST IN ANY MATTER COMING BEFORE THE BOARD OF DIRECTORS, THE CONFLICTED PERSON SHALL (A) FULLY DISCLOSE THE NATURE OF THE INTEREST, (B) NOT BE PRESENT AT OR PARTICIPATE IN BOARD OR COMMITTEE DELIBERATIONS OR VOTE ON THE MATTER, AND (C) NOT ATTEMPT TO INFLUENCE IMPROPERLY THE DELIBERATIONS OR VOTING ON THE MATTER. ANY TRANSACTION OR VOTE INVOLVING A POTENTIAL CONFLICT OF INTEREST SHALL BE APPROVED ONLY WHEN A MAJORITY OF DISINTERESTED DIRECTORS DETERMINE THAT IT IS IN THE BEST INTEREST OF THE ORGANIZATION TO DO SO. DISCLOSURE STATEMENTS ARE COMPLETED ANNUALLY. THE BOARD SHALL OVERSEE THE ADOPTION AND IMPLEMENTATION OF, AND COMPLIANCE WITH, THIS CONFLICT OF INTEREST POLICY. ANY TRANSACTION OR VOTE INVOLVING A POTENTIAL CONFLICT OF INTEREST SHALL BE APPROVED ONLY WHEN A MAJORITY OF DISINTERESTED DIRECTORS DETERMINE THAT IT IS IN THE BEST INTEREST OF THE ORGANIZATION TO DO SO. THE EXISTENCE AND RESOLUTION OF THE CONFLICT SHALL BE DOCUMENTED IN BTC RECORDS, INCLUDING MINUTES OF ANY MEETING WHERE THE CONFLICT IS DISCUSSED OR VOTED ON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FORM 990 AND ITS FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IT IS POSTED ON THE NEW YORK STATE ATTORNEY GENERAL WEBSITE, GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FINANCIAL STATEMENTS, THE CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 10 WASHINGTON AVENUE, HASTINGS-ON-HUDSON, NY 10706 OR BY CALLING THE ORGANIZATION DIRECTLY AT (914) 478-5825.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INSTRUCTOR FEES: PROGRAM SERVICE EXPENSES 106591. MANAGEMENT AND GENERAL EXPENSES 2620. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 109211. OTHER SERVICES: PROGRAM SERVICE EXPENSES 13743. MANAGEMENT AND GENERAL EXPENSES 1527. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15270.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01137244

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.74$0.43$0.80$0.75$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.21$0.77$0.43$0.70$0.73$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.73$0.47$0.68$0.65$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.69$0.45$0.45$0.37$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.01$0.37$0.69$0.49$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.11$0.17$0.53$0.50$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.22$0.09$0.13$0.43$0.42$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.02$0.13$0.42$0.42$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.14$0.02$0.12$0.43$0.42$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.02$0.12$0.43$0.42$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.43$0.40$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.40$0.39$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.37
2011Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.34$0.36$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.35$0.28$0.06