Brooklyn Academy of Music Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF BAM IS TO BE THE HOME FOR CURIOUS PEOPLE AND ADVENTUROUS IDEAS. BAM SUPPORTS ARTISTIC EXPERIMENTATION AND CHAMPIONS INCLUSION AND ACCESSIBILITY THROUGHOUT THE ARTS AS PRESENTER, ACTIVATOR, AND CONNECTOR.
- Income
- $52.5 million
- Spending
- $50.6 million
- Spent on programs
- 76%
- Reserves
- -1.2 months of spending
- Largest source of income
- donations and private grants, 48%
- Employees
- 814
- Volunteers
- 34
- Highest pay
- $610,613, president (outgoing)
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 65 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
15 of 15Income exceeded spending by 4% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 16 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2534 of 34 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $8.7 million spent. THEATER PROGRAMS - BAM'S FY25 THEATER PROGRAMS FEATURED WORLD-CLASS PRESENTATIONS AND SHOWCASED ARTISTS AND COMPANIES FROM COUNTRIES SUCH AS GERMANY, UNITED KINGDOM, FRANCE, ARGENTINA, AND THE UNITED STATES. HIGHLIGHTS INCLUDED: SAFETY NOT GUARANTEED, CREATOR LEE SUNDAY EVANS' INVENTIVE MUSICAL-THEATER REIMAGINING OF THE CULT-CLASSIC FILM OF THE SAME NAME, WHICH RECEIVED TWO OUTER CRITICS CIRCLE AWARDS; THE HIGHLY ACCLAIMED AND AWARD-WINNING PRODUCTION OF TENNESSEE WILLIAMS' A STREETCAR NAMED DESIRE, DIRECTED BY REBECCA FRECKNALL AND STARRING PATSY FERRAN, PAUL MESCAL, AND AJANA VASAN, WHICH WAS NOMINATED FOR TWO DRAMA DESK AND ONE DRAMA LEAGUE AWARD AND WON A THEATRE WORLD AWARD; THE THREEPENNY OPERA, DIRECTOR BARRIE KOSKY'S NEW PRODUCTION OF THE ORIGINAL 1928 PLAY BY BERTOLT BRECHT, PERFORMED BY THE BERLINER ENSEMBLE, AND PRESENTED IN PARTNERSHIP WITH ST. ANN'S WAREHOUSE; AND MACBETH IN STRIDE, WHITNEY WHITE'S REWRITTEN AND RECONTEXTUALIZED VERSION OF THE SCOTTISH PLAY FROM THE PERSPECTIVE OF LADY MACBETH.
- $5.1 million spent. FILM PROGRAMS - IN FY2025, BAM FILM SERVED AUDIENCES THROUGH FIRST RUN AND FILM SERIES THAT FOCUSED ON PRESENTING WORKS BY INTERNATIONAL AND LOCAL FILMMAKERS. SELECT FIRST RUN FILMS INCLUDE: NOSFERATU, DIRECTOR ROBERT EGGERS' ATMOSPHERIC TAKE ON THE 1922 SILENT FILM; THE BRUTALIST, THE ACADEMY AWARD-WINNING EPIC PERIOD DRAMA BY DIRECTOR BRADY CORBET AND STARRING ADRIAN BRODY; AND SINNERS, CREATOR RYAN COOGLER'S HIGHLY ACCLAIMED HORROR FILM STARRING MICHAEL B. JORDAN. SELECT FILM SERIES INCLUDE CONTEMPORARY ARAB CINEMA, FEATURING VITAL NEW WORKS FROM BOLD FILMMAKERS FROM THE MIDDLE EAST AND NORTH AFRICA; MIRROR OF LIFE: MANOEL DE OLIVEIRA 1996-2004, EXPLORING THE NEWLY RESTORED WORKS OF PROLIFIC PORTUGUESE DIRECTOR MANOEL DE OLIVEIRA; FILMAFRICA, THE CINEMATIC COMPONENT OF BAM'S 48TH ANNUAL DANCEAFRICA FESTIVAL, WHICH FEATURED DOCUMENTARY AND FICTIONAL WORKS FROM ACROSS AFRICA AND THE DIASPORA, WITH A SPECIAL FOCUS ON FILMS FROM AND ABOUT MOZAMBIQUE; AND THE CARIBBEAN FILM SERIES, BAM'S BIANNUAL SERIES HOSTED IN PARTNERSHIP WITH LUMINAL THEATER AND THIRD HORIZON OF DIVERSE CINEMA FROM NEW AND ACCLAIMED FILMMAKERS FROM THE CARIBBEAN AND THE DIASPORA.
- $4.2 million spent. NEXT WAVE 2024 - BAM OPENED ITS FY25 PERFORMANCE SEASON WITH THE ICONIC 2024 NEXT WAVE SERIES WHICH ENGAGED INDIVIDUALS THROUGH PRODUCTIONS BY ARTISTS FROM CANADA, ARGENTINA, UNITED KINGDOM, THAILAND, FRANCE, PORTUGAL, AND THE UNITED STATES. HIGHLIGHTS INCLUDED: ANDRE 3000: NEW BLUE SUN LIVE IN CONCERT, A SPECIAL PRESENTATION OF THE RAPPER'S BOLD FORAYS INTO UNEXPECTED MUSICAL REALMS; STILL/HERE, THE 30TH ANNIVERSARY PRESENTATION OF BILL T. JONES' MULTIMEDIA DANCE THEATER WORK ABOUT LIVING WITH TERMINAL ILLNESS; SUN DOGS: FILMMAKER AND COMPOSER PAIRINGS, FEATURING ORIGINAL SHORT-FORMAT FILMS WITH NEWLY COMPOSED MUSIC CREATED BY INTERNATIONALLY ACCLAIMED FILMMAKERS AND MUSICIANS AND PERFORMED LIVE BY ENSEMBLE, ALARM WILL SOUND; JOURNEY LIVE, AN INTERACTIVE PRESENTATION OF THE VIDEOGAME JOURNEY ACCOMPANIED BY A LIVE PERFORMANCE OF THE GRAMMY-NOMINATED SCORE BY AMERICAN COMPOSERS ORCHESTRA AND CONDUCTOR AND COMPOSER AUSTIN WINTORY; AND THE HARD NUT, MARK MORRIS DANCE GROUP'S IRREVERENT AND MUCH LOVED, RETRO-MODERN TAKE ON THE HOLIDAY FAVORITE THE NUTCRACKER.
- $20.3 million spent. OTHER PROGRAM SERVICES
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1969.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.