CSCharityScored
56

Brooklyn Arts Music Academy

Arts & Culture · Wilmington, North Carolina

202 N 5Th Ave, Wilmington, NC 28401-4013

EIN: 824902917· Founded: Mar 2019· 7 years active· Filing Year: 2023

Annual Revenue

$307K

Total Expenses

$264K

Total Assets

$97K

Program Spending

67%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$89K

33.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$109K

Total Payroll

$198K

75% of total expenses

Where the Money Goes

67%
Programs: 67%
Payroll: 75%
Other overhead: 34%
Program Revenue$175K (57%)
Total Expenses$264K (86%)
Payroll$198K (75%)
Overhead (non-program)34%

Trust Score Breakdown

Program Spending Ratio

67% of expenses go to programs

40%

Revenue & Stability

$307K annual revenue

15%

Executive Compensation

$89K total officer comp (33.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$97K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.