BROADWAY CARESEQUITY FIGHTS AIDS INC

EIN: 133458820 501(c)(3)

NEW YORK, NY

Total Revenue
$28,550,447
Total Expenses
$27,904,523
Total Assets
$15,909,562
Net Assets
$10,394,138
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
NY
Principal Officer
DANIEL WHITMAN
Phone
2128400770
Tax Period
2023-10-01 to 2024-09-30

BROADWAY CARESEQUITY FIGHTS AIDS INC, founded in 1988, is a mid-sized nonprofit that reported $28.6M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

BCEFA'S MISSION IS TO: (I)MOBILIZE THE UNIQUE ABILITIES WITHIN THE ENTERTAINMENT INDUSTRY TO MITIGATE THE SUFFERING OF INDIVIDUALS AFFECTED BY HIV/AIDS; (II) TO ENSURE DIRECT SUPPORT SPECIFICALLY THROUGH THE SOCIAL SERVICES AND PROGRAMS OF THE ACTORS FUND TO ALL INDIVIDUALS IN THE ENTERTAINMENT INDUSTRY AFFECTED BY CRITICAL HEALTH ISSUES, INCLUDING BUT NOT LIMITED TO HIV/AIDS; (III) TO SUPPORT ORGANIZATIONS ACROSS THE COUNTRY WHICH PROVIDE TREATMENT OR SERVICES FOR PEOPLE SPECIFICALLY AFFECTED BY HIV/AIDS AND THEIR FAMILIES; (IV) TO PROMOTE AND ENCOURAGE PUBLIC SUPPORT FOR NATIONAL AND INTERNATIONAL PROGRAMS AND SERVICES WHICH BENEFIT PEOPLE WITH HIV/AIDS; (V) TO INCREASE PUBLIC AWARENESS AND UNDERSTANDING OF HIV/AIDS THROUGH THE CREATION AND DISSEMINATION OF EDUCATIONAL MATERIALS; (VI) TO SUPPORT EFFORTS BY THE ENTERTAINMENT INDUSTRY TO ADDRESS OTHER CRITICAL HEALTH ISSUES OR RESPOND TO AN EMERGENCY, IN EACH CASE AS APPROVED BY THE BOARD OF TRUSTEES; AND (VII) TO SUPPORT EFFORTS BY THE ENTERTAINMENT INDUSTRY IN OTHER CHARITABLE OR EDUCATIONAL ENDEAVORS, IN EACH CASE AS APPROVED BY THE BOARD OF TRUSTEES.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $28,112,314
Program Service Revenue $0
Investment Income $404,971
Other Revenue $33,162
TOTAL REVENUE $28,550,447

Expense Breakdown

Grants Paid $15,762,774
Salaries & Benefits $6,801,386
Fundraising Expenses $3,978,850
Program Expenses $21,949,890
Other Expenses $5,340,363
TOTAL EXPENSES $27,904,523

Year-over-Year Comparison

2023 2022 Change
Revenue $28,550,447 $24,219,750 +0.2%
Expenses $27,904,523 $28,737,523 0.0%
Net Income $645,924 $-4,517,773 -1.1%
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
51
Independent Members
51
Employees
155
Volunteers
200

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
11
$903,817
Total Directors
57
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TED ARTHUR TRUSTEE 2.00
Director
$0 $0 $0
CORNELIUS BAKER TRUSTEE 2.00
Director
$0 $0 $0
JOSEPH BENINCASA CHAIRMAN NOMINATING COMMITTEE 2.00
Officer Director
$0 $0 $0
DAVID BINDER TRUSTEE 2.00
Director
$0 $0 $0
PHILIP BIRSH TREASURER/CHAIRMAN AUDIT COMMITTEE 2.00
Officer Director
$0 $0 $0
CHRIS BONEAU TRUSTEE 2.00
Director
$0 $0 $0
BARRY BROWN TRUSTEE 2.00
Director
$0 $0 $0
KATE BURTON TRUSTEE THROUGH 10/12/23 2.00
Director
$0 $0 $0
LISA DAWN CAVE TRUSTEE 2.00
Director
$0 $0 $0
KATHLEEN CHALFANT TRUSTEE THROUGH 10/12/23 2.00
Director
$0 $0 $0
SHERRY COHEN TRUSTEE 2.00
Director
$0 $0 $0
GAVIN CREEL TRUSTEE THROUGH 9/29/24 2.00
Director
$0 $0 $0
ALAN CUMMING TRUSTEE 2.00
Director
$0 $0 $0
ARIANA DEBOSE TRUSTEE 2.00
Director
$0 $0 $0
MARIA DI DIA TRUSTEE 2.00
Director
$0 $0 $0
LINDA DUNCOMBE TRUSTEE 2.00
Director
$0 $0 $0
MANDY GONZALEZ TRUSTEE 2.00
Director
$0 $0 $0
AMANDA GREEN TRUSTEE 2.00
Director
$0 $0 $0
TOM HARRIS TRUSTEE 2.00
Director
$0 $0 $0
RICHARD HESTER TRUSTEE 2.00
Director
$0 $0 $0
RICHARD JAY-ALEXANDER TRUSTEE 2.00
Director
$0 $0 $0
BEVERLY JENKINS TRUSTEE 2.00
Director
$0 $0 $0
CHERRY JONES TRUSTEE THROUGH 10/12/23 2.00
Director
$0 $0 $0
FRANCIS JUE TRUSTEE 2.00
Director
$0 $0 $0
TOM KIRDAHY THIRD VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ADAM KRAUTHAMER TRUSTEE 2.00
Director
$0 $0 $0
NATHAN LANE TRUSTEE 2.00
Director
$0 $0 $0
PETER LAWRENCE TRUSTEE 2.00
Director
$0 $0 $0
STEPHEN LEWIN TRUSTEE 2.00
Director
$0 $0 $0
PAUL LIBIN TRUSTEE 2.00
Director
$0 $0 $0
JOE MACHOTA TRUSTEE 2.00
Director
$0 $0 $0
KIMBERLY MARABLE TRUSTEE 2.00
Director
$0 $0 $0
KEVIN MCCOLLUM TRUSTEE 2.00
Director
$0 $0 $0
KEN MCGEE TRUSTEE THROUGH 10/12/23 2.00
Director
$0 $0 $0
JERRY MITCHELL TRUSTEE 2.00
Director
$0 $0 $0
IRA MONT FIRST VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BRIAN MORELAND TRUSTEE 2.00
Director
$0 $0 $0
JAVIER MUNOZ TRUSTEE 2.00
Director
$0 $0 $0
JOHN ERIC PARKER TRUSTEE 2.00
Director
$0 $0 $0
BERNADETTE PETERS TRUSTEE 2.00
Director
$0 $0 $0
ERIK PIECUCH TRUSTEE 2.00
Director
$0 $0 $0
BILLY PORTER TRUSTEE 2.00
Director
$0 $0 $0
LAUREN REID TRUSTEE 2.00
Director
$0 $0 $0
CODY RENARD RICHARDS TRUSTEE 2.00
Director
$0 $0 $0
JUDITH RICE SECRETARY 2.00
Officer Director
$0 $0 $0
CHITA RIVERA TRUSTEE THROUGH 1/30/24 2.00
Director
$0 $0 $0
JORDAN ROTH TRUSTEE 2.00
Director
$0 $0 $0
NICK SCANDALIOS TRUSTEE 2.00
Director
$0 $0 $0
THOMAS SCHUMACHER EXECUTIVE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MARK SHACKET TRUSTEE 2.00
Director
$0 $0 $0
KATE SHINDLE TRUSTEE 2.00
Director
$0 $0 $0
CHARLOTTE ST MARTIN TRUSTEE 2.00
Director
$0 $0 $0
DAVID STONE TRUSTEE 2.00
Director
$0 $0 $0
ALVIN VINCENT JR TRUSTEE 2.00
Director
$0 $0 $0
ROBERT WANKEL PRESIDENT 2.00
Officer Director
$0 $0 $0
CHANNING WICKHAM TRUSTEE 2.00
Director
$0 $0 $0
SCHELE WILLIAMS SECOND VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
TOM VIOLA EXECUTIVE DIRECTOR 40.00
Officer
$422,729 $16,290 $439,019
DANIEL WHITMAN DIRECTOR OF DEVELOPMENT 40.00
Officer
$199,848 $42,601 $242,449
LAWRENCE COOK DIRECTOR OF FINANCE/ADMIN 40.00
Officer
$191,734 $30,615 $222,349
LANE BEAUCHAMP DIRECTOR OF COMMUNICATIONS 40.00
Highest
$177,422 $31,025 $208,447
MICHAEL MCLEAN CONTROLLER 40.00
Highest
$163,160 $46,808 $209,968
KENNETH MCGEE PRODUCING DIRECTOR 40.00
Highest
$134,062 $32,719 $166,781
SARAH CARDILLO DEPUTY DIR. OF DEVELOPMENT 40.00
Highest
$127,418 $32,003 $159,421
DENISE HURLIN FOUNDING DIRECTOR DRA 40.00
Highest
$122,350 $41,003 $163,353
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
2024 $28,550,447 $27,904,523 $15,909,562 $645,924
2023 $24,219,750 $28,737,523 $15,664,609 $-4,517,773
2022 $24,900,477 $26,500,540 $14,053,532 $-1,600,063
2021 $32,018,599 $22,757,245 $15,399,806 $9,261,354
2020 $27,889,778 $27,048,526 $6,708,053 $841,252
2019 $25,558,451 $24,723,846 $5,873,983 $834,605
2018 $24,468,471 $23,097,390 $4,362,487 $1,371,081
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