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Nonprofit · EIN 27-5247988

BROOKLYN ACTING LAB INC

Also known as Young Players Theater

Tax-exempt · BROOKLYN, NY 11215

Financials

$925K$1M2024
Revenue Expenses · by fiscal year end
Financials of BROOKLYN ACTING LAB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$925,482$1,025,767-$100,285$566,012$744,291-$178,279
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,758
Program service revenue
$922,344
Investment income
$0
Other revenue
$380

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$277,010
Other salaries and wages
$131,434
Salaries, compensation and benefits (total)
$492,894
Professional fundraising fees
$0
Accounting fees
$15,005
Occupancy
$160,812
Depreciation
$9,415
Program services (functional)
$775,170
Management and general (functional)
$250,597

Balance sheet and other

Total assets, start of year
$649,265
Total assets, end of year
$566,012
Total liabilities, end of year
$744,291
Net assets, end of year
-$178,279
Land, buildings and equipment
$43,516
Net assets without donor restrictions
-$178,279
Gross receipts
$925,482
Employees
6
Year formed
2011
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Murat OzcanTreasurer
Trustee or director, Officer
55$164,850$26,551
Kristen LynchSecretary & CEO
Trustee or director, Officer
55$137,250$15,618
Sunary RintharamyBoard Chair
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
586 10TH ST APT 4, BROOKLYN, NY 11215-4440
In care of
% KRISTEN LYNCH
Mailing address (990-N for 2011)
647 10th Street Apt 3, Brooklyn NY 11215
Principal officer (990 for 2024)
Kristen Lynch, 586 10th Street 4, BROOKLYN, NY 11215
Principal officer (990-N for 2011)
Kristen Lynch, 647 10th Street Apt 3, Brooklyn NY 11215
Signed the 990
Kristen Lynch, Secretary & CEO
Phone
(718) 238-8383
Return prepared by
Zelin & Associates CPA LLC

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.

990 for the year ended December 31, 2024

Program accomplishments

  • Brooklyn Acting Labs main program 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.
    Expenses $775,170 · revenue $905,544

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-5247988
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$566,012
Income (IRS master file)
$925,482

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$899,204$1,184,506$649,265IRS
990December 2022$914,583$959,810$934,852IRS
990December 2021$939,265$849,767$469,254IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2011
Officer: Kristen Lynch
December 31, 2011≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about BROOKLYN ACTING LAB INC

What is the EIN of BROOKLYN ACTING LAB INC?
The employer identification number (EIN) of BROOKLYN ACTING LAB INC is 27-5247988.
Is BROOKLYN ACTING LAB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to BROOKLYN ACTING LAB INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BROOKLYN ACTING LAB INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BROOKLYN ACTING LAB INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BROOKLYN ACTING LAB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BROOKLYN ACTING LAB INC?
The 990 for the year ended December 31, 2024 names Kristen Lynch.
Who are the officers and directors of BROOKLYN ACTING LAB INC?
The 990 for the year ended December 31, 2024 lists 3 people; 2 received compensation from the organization, the highest $164,850 (Murat Ozcan, Treasurer).
How much revenue does BROOKLYN ACTING LAB INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $925,482, expenses of $1,025,767 and total assets of $566,012 at year end.

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