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 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

The goal of the Billie Holiday Theatre is to provide audiences with complete and authentic portrayals of the experiences of people of African descent across the world. To provide artists of African descent pure and unapologetic artistic freedom. We do this by producing and presenting all forms of art, and by challenging unjust systems that would prevent artists, institutions, and communities full access to world-class arts, creative spaces, and resources.

Program Service Accomplishments

Program 1
Expenses: $4,687,563

TArtistic 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...

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TArtistic 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, which featured the work of over 25 local painters, sculptors, photographers, and artists from the African Diaspora sharing perspectives on life during the pandemic. In May 2023 we launched our annual Community Day Celebration, marking the 25th Anniversary of the partnership between Restoration and the Brooklyn Academy of Musics DanceAfrica Festival at Restoration Amphitheater. Alumni members of DanceAfrica members performed along with current members of The Billies Youth Arts Academy.In addition to the programming mentioned above, including DanceAfrica and Nova Frontier Film Festival, in FY23 we worked for the first time with QuickSilver Theater Company and Manhattan Theatre Club, with whom we presented a continued conversation on the role of Black Theatre in the midst of health, racial, and economic pandemics. The conversation featured Professor Michael Eric Dyson and playwright Dominique Morisseau, moderated by Michael Dinwiddie.Community Access and Service:While The Billie engages audiences from across the country and around the world, its focus is engaging the nations largest community of African descent in Central Brooklyn. Historically underserved and underfunded by the arts, Central Brooklyn boasts a rich artistic legacy that has thrived despite ongoing racial disparities across income, health and education. Roughly a quarter of the population, and 30% of children under 18, live below the poverty line in Bedford Stuyvesant. The boroughs ongoing gentrification has led to a widening racial income gap with the average median income for new, predominantly white residents ($50,200) 44% greater than that of long-term residents of African descent ($28,000). Our work in the past year has reached an estimated 600,000 people, including more than 400,000 visits to our online platforms, and an estimated 200,000 visitors onsite to our Black Lives Matter mural. Our online works have received more than 6,000 comments and shares. We have engaged over 400 artists, including 60 for our Black Lives Matter mural alone, and 90 volunteer community painters. Education & Humanities Division:Our Youth Arts Academy (YAA) served approximately 75 NYC public school students in FY23, with classes in Drama, Drumming, Ballet, Modern Contemporary Dance, Hip Hop Dance, and West African Dance (Guinea and Sabar). We also offered an all-new boys-only dance class. For dancers 3-5 years old, we offered a Pre-Ballet class where children learned the basics of ballet while exploring their creativity and love for dance. For youth aged 12-18 we continued our popular pre-professional training program (PP), by audition only, which includes intensive dynamic technique classes that prepare students for college auditions and professional auditions. Our signature Black Arts Institute (BAI) provided BAI students with scholarships in FY23 for a five-week summer session. This session offered a comprehensive exploration of the history of the contemporary Black theater tradition. Classes in movement, scene study, and Shakespeare study augmented the core BAI curricula.

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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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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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