Brooklyn Academy of Music
Brooklyn Academy of Music reported $52.5 million in revenue and $50.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.80 went to program services, $13.54 to management and general costs and $10.66 to fundraising. Its largest source of revenue was contributions and grants: 65.9% of the total. Government grants made up 17.6%. The highest compensation it reported for one person was $610,613 (PRESIDENT (OUTGOING)). 66 people received more than $100,000 in reportable compensation. Revenue rose 1% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $51MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $53MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 10.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.16 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 65.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 17.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 32.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $610,613 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.21% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 66 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 22.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 34 of 34 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseTheater programs - bam's FY25 theater programs featured world-class presentations and showcased artists and companies from countries such as germany, united kingdom, france, argentina, and the united states. Highlights included: safety not guaranteed, creator lee sunday evans' inventive musical-theater reimagining of the cult-classic film of the same name, which received two outer critics circle awards; the highly acclaimed and award-winning production of tennessee williams' a streetcar named desire, directed by rebecca frecknall and starring patsy ferran, paul mescal, and ajana vasan, which…
Film programs - in fy2025, bam film served audiences through first run and film series that focused on presenting works by international and local filmmakers. Select first run films include: nosferatu, director robert eggers' atmospheric take on the 1922 silent film; the brutalist, the academy award-winning epic period drama by director brady corbet and starring adrian brody; and sinners, creator ryan coogler's highly acclaimed horror film starring michael b. Jordan. Select film series include contemporary arab cinema, featuring vital new works from bold filmmakers from the middle east and…
Next wave 2024 - bam opened its FY25 performance season with the iconic 2024 next wave series which engaged individuals through productions by artists from canada, argentina, united kingdom, thailand, france, portugal, and the united states. Highlights included: andre 3000: new blue sun live in concert, a special presentation of the rapper's bold forays into unexpected musical realms; still/here, the 30th anniversary presentation of bill t. Jones' multimedia dance theater work about living with terminal illness; sun dogs: filmmaker and composer pairings, featuring original short-format films…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT (OUTGOING) Director/trustee, officer, 40.00 hrs/week | $555,164 | $0 | $55,449 | $610,613 |
| CFO & VP OF FINANCE Officer, 40.00 hrs/week | $338,114 | $0 | $57,693 | $395,807 |
| ARTISTIC DIRECTOR Officer, 40.00 hrs/week | $337,237 | $0 | $53,481 | $390,718 |
| CHIEF EXPERIENCE & IMPACT OFFICER Highest compensated employee, 40.00 hrs/week | $261,995 | $0 | $70,608 | $332,603 |
| PRODUCER & CHIEF PGRM. OPS. OFFICER Officer, 40.00 hrs/week | $267,019 | $0 | $50,587 | $317,606 |
| CHIEF GROWTH OFFICER (OUTGOING) Officer, 40.00 hrs/week | $283,203 | $0 | $31,302 | $314,505 |
| CHIEF BRAND CREATIVE OFC. (OUTGOING) Highest compensated employee, 40.00 hrs/week | $241,551 | $0 | $44,881 | $286,432 |
| CHIEF PEOPLE OFFICER Officer, 40.00 hrs/week | $251,294 | $0 | $33,938 | $285,232 |
66 people received more than $100,000 in reportable compensation from Brooklyn Academy of Music (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b34 · 34 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5814
- Volunteers Part I, line 634
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| WXY Architects | $296,595 |
| ATGP SHOWS TWO LIMITED Performers | $197,350 |
| ARABELLA ADVISORS LLC Consulting services | $151,450 |
| ASSOC DE GESTION DU FESTIVAL D'AVIGNON Performers | $107,514 |
| ODE TO JOY LLC Performers | $106,000 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
98 private foundations reported grants to Brooklyn Academy of Music totaling $7.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Brooklyn Academy of Music's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Brooklyn Academy of Music, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Brooklyn Academy of Music spent in FY2025, $75.80 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Lyon CollegeBatesville, AR · revenue $52M · programs 80.4% · FY2025
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Questions people ask
How much of Brooklyn Academy of Music's spending goes to programs?
In the fiscal year ending June 30, 2025, Brooklyn Academy of Music reported that 75.8% of its $50.6 million in expenses went to program services, 13.5% to management and general and 10.7% to fundraising (Form 990, Part IX).
How much does Brooklyn Academy of Music pay its top executive?
The largest total compensation Brooklyn Academy of Music reported for one person in the fiscal year ending June 30, 2025 was $610,613, for the role of PRESIDENT (OUTGOING) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Brooklyn Academy of Music get its money?
Of $52.5 million in revenue in the fiscal year ending June 30, 2025, 65.9% came from contributions and grants (including 17.6% from government grants) and 32.0% from program service revenue (Form 990, Part VIII).
Is Brooklyn Academy of Music a registered charity?
The IRS lists EIN 11-2201344 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611329349302451 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541269349303344 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411349349303271 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311329349310006 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349315769 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111359349301111 · read the filing
All filings for EIN 11-2201344: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.