Black Spectrum Theatre Company Inc

EIN: 510135262 501(c)(3)

Jamaica, NY

Total Revenue
$2,531,889
Total Expenses
$2,772,797
Total Assets
$1,075,046
Net Assets
$1,044,589
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NY
Phone
7137231800
Tax Period
2024-06-01 to 2025-05-31

Black Spectrum Theatre Company Inc, founded in 1970, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring.

Mission

Black Spectrum theatre Company Inc produces professional theatre, film and concert events, as well as providing instruction and training in the performing arts to New York City based after school programs.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,291,016
Program Service Revenue $195,228
Investment Income $16
Other Revenue $45,629
TOTAL REVENUE $2,531,889

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,715,182
Fundraising Expenses $0
Program Expenses $1,890,694
Other Expenses $1,057,615
TOTAL EXPENSES $2,772,797

Year-over-Year Comparison

2024 2023 Change
Revenue $2,531,889 $4,150,863 -0.4%
Expenses $2,772,797 $3,807,652 -0.3%
Net Income $-240,908 $343,211 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
13
Independent Members
12
Employees
31
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
1
$223,003
Total Directors
13
$223,003
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carl Clay President 40.00
Officer Director
$223,003 $0 $223,003
John Howell Board Member 1.00
Director
$0 $0 $0
Everett Hopkins Board Chair 1.00
Director
$0 $0 $0
Antoinette Brown Board Member 1.00
Director
$0 $0 $0
Arthur French Vice Chair Emeritus 1.00
Director
$0 $0 $0
Bob Law Board Chair Emeritus 1.00
Director
$0 $0 $0
Timothy James Vice Chair Emeritus 1.00
Director
$0 $0 $0
Jack Seng Treasurer 1.00
Director
$0 $0 $0
Chris Curry Board Member 1.00
Director
$0 $0 $0
Gloria Thomas Board Secretary 1.00
Director
$0 $0 $0
Gilford Finch Board Member 1.00
Director
$0 $0 $0
Doborah King Dorman Board Member 1.00
Director
$0 $0 $0
Faye Yelardy Board Member 1.00
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 $2,531,889 $2,772,797 $1,075,046 $-240,908
2024 $4,150,863 $3,807,652 $1,495,335 $343,211
2023 $3,406,018 $3,384,939 $955,339 $21,079
2022 $2,731,665 $2,724,308 $962,807 $7,357
2021 $2,944,581 $2,943,171 $827,440 $1,410
2020 $1,885,132 $1,884,260 $640,501 $872
2019 $1,897,561 $1,873,457 $381,788 $24,104
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Black Spectrum Theatre Company Inc with other nonprofits in New York and across the country.