Brooklyn Steppers EIN 27-1223035 Form 990 (PDF) Claim this org

Brooklyn Steppers FY2024 filing

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Develops young people's commitment to excellence through performance arts education and career experience. For fiscal year 2024 it reported $311K in revenue, $291K in expenses, and $142K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Brooklyn, NY
Website
www.bksteppers.org
Filings
3 on file (2023–2024)
Revenue
$311KFY2024
Expenses
$291K
Net assets
$142K
People
8
Filings
3
Updates
0
More identity details & actions ⌄
EIN  27-1223035 Public charity (501(c)(3)) Brooklyn, NY
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Develops young people's commitment to excellence through performance arts education and career experience.
Leadership
Antonio Thompson · Executive Director · $37K
Money in and out
$311K revenue, $291K expenses
Bottom line
77% program efficiency
Where the money goes · FY2024
Total revenue
$311K
Pt VIII · Ln 12
Total expenses
$291K
Pt IX · Ln 25
Net assets
$142K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.12 Fundraising $0.11
Program efficiency
77%
of spending reaches programs
Operating runway
3.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$311K
FY2024▲ +4%
Expenses
$291K
FY2024▼ -14%
Total assets
$157K
FY2024▲ +27%
Total liabilities
$16K
FY2024▲ ×24
Total revenue
$311K
Pt VIII · Ln 12
Total expenses
$291K
Pt IX · Ln 25
Net assets
$142K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$20K
Total assetsPt X · Ln 16$157K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBrooklyn Steppers
EINHdr · item D27-1223035
Principal addressHdr · item CBrooklyn, NY
WebsiteHdr · item Jwww.bksteppers.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFApr 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

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
$36,750Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
Antonio Thompson$41,500$36,750$69,359

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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Mission & Programs · Part III

Where the work happens

3 program services account for $203K of program spending, described in the organization's own filed words · FY2023.
01

School Music Residencies

Our school residency programs brought marching percussion, hand drumming, and urban contemporary dance to schools in new york that otherwise wouldnt have access. Students learned to play snare drums, bass drums, tenor drums, cymbals, buckets, djembes, and hand drums, emphasizing rhythm, precision, and teamwork.

$165Kprogram expense
02

Bksteppers Saturday Drum Workshop

Engaged 53 students in our 30-WEEK drum and dance programs, exceeding our goal of serving 50 youth. The program was a great success

$29Kprogram expense
03

Bksteppers Pro Drumline

This program provided paid gigs to talented percussionists, particularly bksteppers alumni and hbcu band graduates. They performed at party citys juneteenth celebration and the peter westbrook foundation graduation, and atlantic health system leadership development series, engaging 15 performers

$9Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$198K · 64%
Contributions & grants$113K · 36%
Program service revenue64%$198K
Contributions & grants36%$113K
— government grantsLn 1e$53K
Total revenueLn 12$311K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.12 Fundraising $0.11
Program services77%$224K
Management & general12%$34K
Fundraising11%$33K
Total functional expensesLn 25$291K

Balance Sheet

Part X · end of year
CashLn 1$92K
Total assetsLn 16$157K
Total liabilitiesLn 26$16K
Total net assetsLn 32$142K
Months of cash on handcomputed3.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $92K · Operating expenses/yr $291K
3.8 months
Where the money goes
Program services
Program services $224K · Total expenses $291K
77%
Management & General
Management & general $34K · Total expenses $291K
12%
Fundraising
Fundraising $33K · Total expenses $291K
11%
Cost to raise $1
Fundraising expense (2-yr avg) $29K · Solicited contributions (2-yr avg) $73K
$0.40 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $113K · Total revenue $311K
36%
Government reliance
Government grants $53K · Total revenue $311K
17%
Earned-income share
Program service revenue $198K · Total revenue $311K
64%
Investment reliance
Investment income $0 · Total revenue $311K
0%
Program self-sufficiency
Program service revenue $198K · Total expenses $291K
68%
Growth & trend
Revenue growth (YoY)
This year $311K · Prior year $299K
+4%
Net-asset trend (YoY)
End of year $142K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $311K · Expenses $291K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $157K
Net-asset ratio
Net assets $142K · Total assets $157K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $157K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Antonio Thompson · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $37K · Total expenses $291K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $154K · Total expenses $291K
53%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $28K · Gross raised $51K
55%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 12%
Fundraising cost ratio 30%
Revenue growth 4%
Legal fee ratio 0.4%
Fundraising fee ratio 10%

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 · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$5K

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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
FY2025 (Latest)$360K revenue · ⤓ 990 PDF
FY2024$311K revenue · viewing · ⤓ 990 PDF
FY2023$299K 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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