MIDTOWN MANAGEMENT GROUP INC DBA INSIDE BROADWAY

EIN: 133192793 501(c)(3)

NEW YORK, NY

Total Revenue
$2,231,942
Total Expenses
$2,363,229
Total Assets
$2,202,840
Net Assets
$1,570,660
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NY
Principal Officer
MICHAEL PRESSER
Phone
2122450710
Tax Period
2022-07-01 to 2023-06-30

MIDTOWN MANAGEMENT GROUP INC DBA INSIDE BROADWAY, founded in 1982, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2022. Revenue decreased 15% compared to the prior year.

Mission

The organization provides public school student with exposure to professional theater arts and crafts through performances , hands-on educational programs,set and custume building, Touring productions, and training for students and teachers.

Program Service Accomplishments

Program 1
Expenses: $1,832,044 Revenue: $2,135,279

1. Our in-School teaching residencies provided students with Video theater instruction in 90 schools serving 15,500 students.2. the CASA innitiative provided after school musical theater instruction...

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1. Our in-School teaching residencies provided students with Video theater instruction in 90 schools serving 15,500 students.2. the CASA innitiative provided after school musical theater instruction to 47 schools serving 12,000 students.3.Touring Production- Professional actors present an abridged version of a classic Broadway musical to approximately 52 schools and reach approximately 21,000 students annually.4.Creating the Magic- Presented in a Broadway theatre and showing students the various jobs in a production. Held twice a year for approximately 3,000 students.

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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 $24,999
Program Service Revenue $2,152,079
Investment Income $54,864
Other Revenue $0
TOTAL REVENUE $2,231,942

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,704,749
Fundraising Expenses $183,696
Program Expenses $1,832,044
Other Expenses $658,480
TOTAL EXPENSES $2,363,229

Year-over-Year Comparison

2022 2021 Change
Revenue $2,231,942 $2,615,888 -0.1%
Expenses $2,363,229 $1,770,530 +0.3%
Net Income $-131,287 $845,358 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
132
Volunteers
10

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
$269,281
Total Directors
7
$269,281
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL PRESSER President & ED 40.00
Officer Director
$203,281 $66,000 $269,281
JOHN DIAZ Vice President 0.10
Officer Director
$0 $0 $0
KENNETH G ALBERSTADT Treasurer 0.10
Officer Director
$0 $0 $0
WILLIAM TUNG Secretary 0.10
Officer Director
$0 $0 $0
HOWARD ZIPSER Chairman 0.10
Officer Director
$0 $0 $0
JAMIE DE ROY Director 0.10
Director
$0 $0 $0
CHRISTOPHER CACACE Director 0.10
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 $2,231,942 $2,363,229 $2,202,840 $-131,287
2022 $2,615,888 $1,770,530 $1,897,299 $845,358
2021 $1,404,362 $1,373,731 $2,053,955 $30,631
2020 $1,924,995 $1,489,269 $1,152,558 $435,726
2019 $1,815,683 $1,759,681 $602,909 $56,002
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