BROOKLYN ACTING LAB INC

EIN: 275247988 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$899,204
Total Expenses
$1,184,506
Total Assets
$649,265
Net Assets
$-77,994
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
Kristen Lynch
Phone
7182388383
Tax Period
2023-01-01 to 2023-12-31

BROOKLYN ACTING LAB INC, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $899K in total revenue in fiscal year 2023. Expenses of $1.2M exceeded revenue, resulting in a 32% operating deficit.

Mission

Brooklyn Acting Lab, Inc. (the Organization) was incorporated in February 2011 under the Not-for-Profit Corporation Law of the State of New York. Brooklyn Acting Labs mission is to create innovative theatrical works that reflect our diverse global community and to nurture talent by providing comprehensive arts training for children and adults. Brooklyn Acting Lab partners with schools and community-based organizations to provide arts-in-education programming, performances, and events, collaborating across the performing arts in order to exchange work and ideas with artists nationally and internationally.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,272
Program Service Revenue $897,516
Investment Income $0
Other Revenue $416
TOTAL REVENUE $899,204

Expense Breakdown

Grants Paid $0
Salaries & Benefits $556,513
Fundraising Expenses $0
Program Expenses $896,830
Other Expenses $627,993
TOTAL EXPENSES $1,184,506

Year-over-Year Comparison

2023 2022 Change
Revenue $899,204 $914,583 0.0%
Expenses $1,184,506 $959,810 +0.2%
Net Income $-285,302 $-45,227 +5.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
1
Employees
5
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
3
$391,669
Total Directors
3
$391,669
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Murat Ozcan Treasurer 55.00
Officer Director
$174,750 $26,551 $201,301
Kristen Lynch Secretary & CEO 55.00
Officer Director
$174,750 $15,618 $190,368
Sunary Rintharamy Board Chair 1.00
Officer 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
2024 No data No data No data No data
2023 $899,204 $1,184,506 $649,265 $-285,302
2022 $914,583 $959,810 $934,852 $-45,227
2021 $939,265 $849,767 $469,254 $89,498
2020 $381,131 $509,031 $345,032 $-127,900
2019 $617,773 $612,641 $271,233 $5,132
2018 $635,451 $569,573 $267,217 $65,878
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