CSCharityScored
55

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: 2024

Annual Revenue

$321K

Total Expenses

$338K

Total Assets

$80K

Program Spending

62%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$91K

27.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$148K

Total Payroll

$239K

71% of total expenses

Where the Money Goes

62%
Programs: 62%
Payroll: 71%
Other overhead: 38%
Program Revenue$209K (65%)
Total Expenses$338K (100%)
Payroll$239K (71%)
Overhead (non-program)38%

Trust Score Breakdown

Program Spending Ratio

62% of expenses go to programs

40%

Revenue & Stability

$321K annual revenue

15%

Executive Compensation

$91K total officer comp (27.0% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$80K in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.