BILLIE HOLIDAY THEATRE INC

EIN: 112336154 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$2,078,413
Total Expenses
$5,838,966
Total Assets
$4,847,185
Net Assets
$4,154,571
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Principal Officer
SHADAWN SMITH
Phone
7186366949
Tax Period
2022-07-01 to 2023-06-30

BILLIE HOLIDAY THEATRE INC is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2022. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $5.8M exceeded revenue, resulting in a 181% operating deficit.

Mission

Artistic Programming:FY23 marked The Billies 50th Anniversary Season and the first year we resumed in-person programming post-COVID outdoor festivals, live performances, theater productions, and a wide gamut of film, music, dance, visual arts, and other cultural offerings. The year began in July 2022 with our Black Joy Summer Fest, which included a multitude of free community events including dance workshops, jazz performances, film screenings (including the Black Joy and the 5th annual Nova Frontier Film Festival), our Skylight Open music concert series, and a 29-hour play reading series in partnership with QuickSilver Theater Company. Summerfest events attracted more than 8,500 people. In October 2022 we implemented our annual Restoration Rocks Saturday afternoon block party on Fulton Street, celebrating the people, arts, culture, and entertainment that make the Bed-Stuy neighborhood world-renowned. In May we launched an unprecedented exhibit called Black Genius: We Rise... Still, wh

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,746,822
Program Service Revenue $183,265
Investment Income $273
Other Revenue $148,053
TOTAL REVENUE $2,078,413

Expense Breakdown

Grants Paid $3,958,816
Salaries & Benefits $138,047
Fundraising Expenses $10,395
Program Expenses $4,687,563
Other Expenses $1,742,103
TOTAL EXPENSES $5,838,966

Year-over-Year Comparison

2022 2021 Change
Revenue $2,078,413 $4,732,438 -0.6%
Expenses $5,838,966 $1,384,632 +3.2%
Net Income $-3,760,553 $3,347,806 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Blondel Pinnock Director 5.00
Director
$0 $0 $0
Colvin Grannum Director 5.00
Director
$0 $0 $0
Toni Yuille-Williams Board Chair 5.00
Officer Director
$0 $0 $0
Latoya Nelson Kamdang Director 5.00
Director
$0 $0 $0
Dr Durell Cooper Vice Chair 5.00
Officer Director
$0 $0 $0
Wendell Pierce Director 5.00
Director
$0 $0 $0
Kerry McCarthy Secretary 5.00
Officer Director
$0 $0 $0
SHADAWN SMITH Executive Dir. 1.00
Officer Director
$0 $0 $0
Kibra Yohannes Director 5.00
Director
$0 $0 $0
Taneshia Nash Laird Treasurer 5.00
Officer Director
$0 $0 $0
Rasu Jilani Director 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,078,413 $5,838,966 $4,847,185 $-3,760,553
2022 $4,732,438 $1,384,632 $8,498,562 $3,347,806
2021 $9,716,427 $6,244,089 $5,103,055 $3,472,338
2020 $1,954,965 $1,075,824 $1,731,773 $879,141
2019 $767,784 $552,373 $742,100 $215,411
2018 $726,633 $536,995 $307,901 $189,638
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