BROOKLYN ACADEMY OF MUSIC INC
BROOKLYN ACADEMY OF MUSIC INC
BROOKLYN ACADEMY OF MUSIC INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$47,096,598
Contributions
41%
Other
29%
Program Services
17%
Government Grants
10%
Fundraising Events
3%
Investments
<1%
Membership Dues
0%
Expenses in 2024
$40,824,840
Salaries & Benefits
68%
Fees to Service Providers
10%
Other
10%
Offices, Occupancy & IT
8%
Advertising & Promotion
2%
Depreciation
2%
Interest
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$11,257,644
$19,244,678
+71%
Government Grants
$4,792,340
$4,711,442
-2%
Fundraising Events
$1,314,193
$1,413,381
+8%
Program Services
$16,030,242
$8,211,791
-49%
Membership Dues
$0
$0
-
Investments
$171,430
$2,175
-99%
Other
$13,019,831
$13,513,131
+4%
Total Revenues
$46,585,680
$47,096,598
+1%
Expenses
2023
2024
Change
Grants
$1,214
$6,450
+431%
Benefits to Members
$0
$0
-
Salaries & Benefits
$31,688,717
$27,689,992
-13%
Fees to Service Providers
$4,900,349
$3,998,773
-18%
Advertising & Promotion
$2,009,248
$821,162
-59%
Offices, Occupancy & IT
$4,038,568
$3,378,581
-16%
Interest
$298,586
$211,945
-29%
Depreciation
$1,316,892
$811,619
-38%
Other
$7,608,899
$3,906,318
-49%
Total Expenses
$51,862,473
$40,824,840
-21%
Net income
2023
2024
Change
Net income
-$5,276,793
+$6,271,758
-219%
Functional Expenses
Summary
2023
2024
Change
Program
$38,676,318
$28,769,132
-26%
Admin
$7,058,105
$6,350,420
-10%
Fundraising
$6,128,050
$5,705,288
-7%
Total Expenses
$51,862,473
$40,824,840
-21%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)