Charity Search / BROADWATER PRODUCTIONS INC
Arts, Culture & Humanities (A650) IRS Verified DX Registered 990 on File

BROADWATER PRODUCTIONS INC

EIN: 81-0357843 · HELENA, MT 59601-5060 · United States · FY 2025 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 80/100
Reliability (20%) 55/100
Effectiveness (25%) 93/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Mission Statement

Our goal is to brighten Helena, Montana and elevate the human spirit through live theatre and theatre education.

Financial Overview — FY 2025
$1.5M
Total Revenue
$1.5M
Total Expenses
$634K
Net Assets
111
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.1%
Fundraising Efficiency 273.2%
Operating Reserve 5.00x
Liability-to-Asset 43.4%
Revenue Diversification 63.8%
Executive Compensation $81K
Compared with Peers
FY 2025
Compared with 1,930 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
80.1% 77.7%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
11.6% 14.2%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
8.3% 5.9%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
273.2% 302.5%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
5.0 mo 15.8 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
43.4% 11.4%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
63.8% 70.6%
P10P90
Above median
Revenue growth
Year over year revenue growth
17.5% 7.9%
P10P90
Expense growth
Year over year expense growth
-3.0% 5.4%
P10P90
Surplus margin
Surplus as a share of revenue
-3.2% 0.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $1.5M $1.5M $634K 80.1% 111
2024 $1.3M $1.6M $667K 80.0% 100
2023 $1.2M $1.3M $970K 78.8% 110
2022 $1.3M $1.1M $1.1M 79.3% 98
2021 $1.9M $768K N/A — 87
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Organization Details
EIN
81-0357843
State
MT
City
HELENA
ZIP
59601-5060
Classification
A650
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
16
Form 990
On File
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