Broadway Cares-Equity Fights Aids INC EIN 13-3458820

Broadway Cares-Equity Fights Aids INC

EIN  13-3458820 Public charity (501(c)(3)) New York, NY Founded 1988
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/8/26 · see original filing: IRS
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Size
$10–100M
What they do
Raises money and awareness for people affected by HIV/AIDS through theater and performing arts community outreach.
Leadership
Tom Viola · Executive Director · $423K
Money in and out
$28.6M revenue, $27.9M expenses
Bottom line
79% program efficiency

Raises money and awareness for people affected by HIV/AIDS through theater and performing arts community outreach. For fiscal year 2024 it reported $28.6M in revenue, $27.9M in expenses, and $10.4M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$28.6M
Pt VIII · Ln 12
Total expenses
$27.9M
Pt IX · Ln 25
Net assets
$10.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $646K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.07 Fundraising $0.14
Program efficiency
79%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
4.0mo
months of highly liquid reserves at operating expense rate▲ +11% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +112% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$28.6M
FY2024▲ +18%
Expenses
$27.9M
FY2024▼ -3%
Total assets
$15.9M
FY2024▲ +2%
Total liabilities
$5.5M
FY2024▼ -6%
Total revenue
$28.6M
Pt VIII · Ln 12
Total expenses
$27.9M
Pt IX · Ln 25
Net assets
$10.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$646K
Total assetsPt X · Ln 16$15.9M
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 351
Independent voting membersPt I · Ln 451
Mission & Programs · Part III

Where the work happens

2 program services account for $21.9M of program spending, described in the organization's own filed words · FY2023.
01

Direct grants to aids service organizations to provide direct services, food services, emergency assistance and harm reduction to persons living with HIV/AIDS and to promote prevention programs and research.

$15.8Mprogram expense
02

Outreach programs to provide information, increase awareness, and promote public support for men, women and families living with AND/OR affected by HIV/AIDS. These programs are nationwide and promote red ribbon retail items, theater community outreach activities, school and college theater program outreach, and dance studio and…

$6.2Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBroadway Cares-Equity Fights Aids INC
EINHdr · item D13-3458820
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.bcefa.org
Year of formationHdr · item L1988
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJan 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a51
Independent voting membersPt VI · Ln 1b51
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$422,729Pt VII · Sec A
Director of Development
$199,848Pt VII · Sec A
Director of Finance/Admin
$191,734Pt VII · Sec A
Director of Communications
$177,422Pt VII · Sec A
Controller
$163,160Pt VII · Sec A
Producing Director
$134,062Pt VII · Sec A
Deputy Dir. of Development
$127,418Pt VII · Sec A
Founding Director Dra
$122,350Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Tom Viola$422,729$337,960$287,152$242,228$271,960
Daniel Whitman$199,848$192,100$172,924$177,863$171,632
Lawrence Cook$191,734$187,544$170,963$161,423$173,956
Lane Beauchamp$177,422$158,614$140,979$145,651$138,383
Valerie Lau-Kee Lai$167,379$128,551$118,626$145,879
Michael McLean$163,160$162,960$148,268$134,627$157,665
Kenneth McGee$134,062
Sarah Cardillo$127,418

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$28.1M · 98%
Investment income$405K · 1%
Contributions & grants98%$28.1M
Investment income1%$405K
Other revenue$33K
— government grantsLn 1e$313K
Total revenueLn 12$28.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.07 Fundraising $0.14
Program services79%$21.9M
Management & general7%$2.0M
Fundraising14%$4.0M
Total functional expensesLn 25$27.9M

Balance Sheet

Part X · end of year
CashLn 1$9.1M
Total assetsLn 16$15.9M
Total liabilitiesLn 26$5.5M
Total net assetsLn 32$10.4M
Months of cash on handcomputed3.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $9.1M · Operating expenses (Pt IX) $27.9M · Less non-cash grants $456K · Cash operating expenses/yr $27.4M
4.0 months
Where the money goes
Program services
Program services $21.9M · Total expenses $27.9M
79%
Management & General
Management & general $2.0M · Total expenses $27.9M
7%
Fundraising
Fundraising $4.0M · Total expenses $27.9M
14%
Cost to raise $1
Fundraising expense (3-yr avg) $3.4M · Solicited contributions (3-yr avg) $25.4M
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $28.1M · Total revenue $28.6M
98%
Government reliance
Government grants $313K · Total revenue $28.6M
1%
Earned-income share
Program service revenue $0 · Total revenue $28.6M
0%
Investment reliance
Investment income $405K · Total revenue $28.6M
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $27.9M
0%
Growth & trend
Revenue growth (YoY)
This year $28.6M · Prior year $24.2M
+18%
Revenue CAGR
FY2019 $27.9M · FY2023 $28.6M
+1%
Net-asset trend (YoY)
End of year $10.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $28.6M · Expenses $27.9M
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $15.9M
Net-asset ratio
Net assets $10.4M · Total assets $15.9M
65%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $15.9M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tom Viola · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $423K · Total expenses $27.9M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $6.8M · Total expenses $27.9M
24%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 7%
Fundraising cost ratio 14%
Revenue growth 18%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 4 funders →
Grants paid · 1,938 grants · $77.9M · 2019–2023
The Actors Fund of AmericaNY · FY2023$6,500,000
Doctors of the World-Usa INCNY · FY2023$200,000
US Friends of Eran INCNY · FY2023$100,000
New Israel FundNY · FY2023$100,000
American Lgbtq MuseumNJ · FY2023$100,000
American Friends of Natal INCNY · FY2023$100,000
America Gives INCNY · FY2023$100,000
Open Hand Atlanta INCGA · FY2023$90,000
Arts Ignite INCNY · FY2023$62,671
Covenant House INCWV · FY2023$52,500
Project Angel FoodCA · FY2023$51,000
Gods Love We Deliver INCNY · FY2023$50,000
Food Outreach INCMO · FY2023$50,000
Encore Community ServicesNY · FY2023$50,000
Bill's Kitchen INCPR · FY2023$47,500
See all 1,938 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$28.6M revenue · viewing · ⤓ 990 PDF
FY2023$24.2M revenue · ⤓ 990 PDF
FY2022$24.9M revenue · ⤓ 990 PDF
FY2021$32.0M revenue · ⤓ 990 PDF
FY2020$27.9M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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