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Arts, Culture & Humanities · 2023 Form 990

Brooklyn Institute Of Arts And Sciences: $50.9M Revenue, $62.1M Expenses

Brooklyn, New York · EIN 111672743 · Filing year 2023

Brooklyn Institute Of Arts And Sciences reported $50.9M in total revenue, $62.1M in total expenses, and $378.1M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $3.1M (6.04% of revenue). NonprofitTruth efficiency grade: D (37/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
D
Efficiency Score
37/100

Key Facts (2023 Form 990)

Total Revenue
$50.9M
Total Expenses
$62.1M
Total Assets
$378.1M
Reserve Months
73.0 months
Surplus / (Deficit)
$-11,179,021
EIN
111672743
Latest 990 Year
2023
Current-Officer Compensation
$3.1M
Officer Comp % of Revenue
6.04%

Brooklyn Institute Of Arts And Sciences pulls a D on the efficiency rubric. The composite of 37/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.

At $50.9M in 2023 revenue, Brooklyn Institute Of Arts And Sciences sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. On the financial-health factor, Brooklyn Institute Of Arts And Sciences runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.

Five-year revenue has grown modestly. Brooklyn Institute Of Arts And Sciences is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. Officer compensation is on the higher side of the band typical for nonprofits this size: $3.1M in total current-officer compensation against $50.9M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Brooklyn Institute Of Arts And Sciences sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$50.9M
Revenue
$62.1M
Expenses
$378.1M
Total Assets
$3.1M
Officer Compensation

How Brooklyn Institute Of Arts And Sciences Compares

Brooklyn Institute Of Arts And Sciences earns a NonprofitTruth efficiency grade of D (37/100). That is 19 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 6.04% of total revenue. The organization holds 73.0 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$62.1M
Total Expenses
Filing year 2023
$3.1M
Officer Compensation
6.04% of revenue
73.0 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Brooklyn Institute Of Arts And Sciences reported $50.9M in revenue against $62.1M in total functional expenses for filing year 2023, holding roughly 73.0 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $3.1M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 6.04% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Brooklyn Institute Of Arts And Sciences has a NonprofitTruth Efficiency Score of D (37/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Brooklyn Institute Of Arts And Sciences, Donor FAQ

Brooklyn Institute Of Arts And Sciences has a NonprofitTruth Efficiency Score of D (37/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Brooklyn Institute Of Arts And Sciences reports $3.1M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 6.04% of the organization's $50.9M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Brooklyn Institute Of Arts And Sciences reported $50.9M in annual revenue and $62.1M in total expenses for filing year 2023. The organization holds $378.1M in total assets.

Brooklyn Institute Of Arts And Sciences holds approximately 73.0 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its D efficiency grade.

Brooklyn Institute Of Arts And Sciences is a registered 501(c) organization with EIN 111672743, based in Brooklyn, New York. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.