Broadway League Foundation

The Broadway League Foundation is the charitable arm of the Broadway League, the trade association for New York City’s live-theater industry. It the hosts annual high-school theater Jimmy Awards and coordinates field trips to Broadway shows for New York City Public Schools students through its Broadway Bridges program. 1

At-A-Glance

Formation:

1993

President:

Thomas Schumacher

Location: New York, NY View on map
Tax ID: 13-3740065
Most Recent Filing: 2024
Budget (2024): Assets: $1,203,490 Revenue: $2,035,239 Expenses: $1,941,410

Contents

    Background

    Originally known as the Celebrate Broadway Preservation Fund, the Broadway League Foundation was founded in 1993 as the charitable arm of the Broadway League, the trade association for New York City’s live-theater industry. In 2009, it created the Jimmy Awards, also known as the National High School Musical Theatre Awards (NHSMTA), an annual awards program that celebrates high school theater programs and provides scholarships to winners. 1

    Broadway Bridges

    Founded in 2017, Broadway Bridges is a program of the Broadway League Foundation that was created in partnership with New York City Public Schools and United Federation of Teachers to coordinate field trips for students in all five boroughs to see Broadway shows. The program seeks to have all New York City Public Schools graduates see a Broadway show before graduating by coordinating field trips for tenth-grade students and offering $10 tickets to participating schools. 2

    During the 2024/2025 school year, Broadway Bridges reported 27,090 student and chaperone program participants and over 150,000 participants since its creation. In 2024, Broadway Bridges introduced its Broadway Bridges on the Road initiative that offers reduced ticketing for students for national touring productions. 2

    Jimmy Awards

    The Jimmy Awards, formally known as the National High School Musical Theatre Awards, were created in 2009 by the Pittsburgh Civic Light Opera and Nederlander Alliances of The Nederlander Organization. It is administered by the Broadway League Foundation. 3 In 2023, The Broadway League Foundation reported $1.4 million in total expenses associated with the Jimmy Awards and $1.6 million in revenue associated with the program. 4

    The Jimmy Awards includes over 55 regional awards programs, covering over 2,300 high schools and 150,000 students. It is sponsored by touring Broadway productions and winners of regional competitions are invited to perform on Broadway at the annual event, where winners receive scholarships. 3

    Sponsors of the Jimmy Awards include the Hard Rock Cafe New York, John Gore Organization, Thomas Schumacher, The Shubert Organization, Blumenthal Arts, Boston Women’s Fund, Disney Theatrical Group, Music Performance Trust Fund, Applebees, and Krispy Kreme Donuts. 5

    Funding

    The Broadway League Foundation has received funding from the New York State Department of Economic Development, Theatre Development Fund, New York City Convention and Visitors Bureau, Flagstar, the U.S. Postal Service, Federated Department Stores Foundation, Lehman Brothers, Time Warner, Bloomberg LP, and the Edith Meiser Foundation. 1

    Leadership

    Thomas Schumacher is the president of the Broadway League Foundation, is the chairman of the board of directors for the Broadway League, and sits on the Tony Awards administration committee. He also worked as the chief creative officer of Disney Theatrical Group from 2002 before stepping down in September 2025. 6

    Financials

    In 2023, The Broadway League Foundation reported $2 million in total revenue, including $1.6 million from awards events and $142,000 from concert sponsorships. 7 It also reported $1.9 million in total expenses, including $422,062 in production costs, $167,500 on Broadway tickets, $145,524 on program management, and $86,240 on equipment rentals. 8

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $1,203,490 $2,035,239 $1,941,410 View
    2023 $1,006,011 $1,770,156 $1,581,068 View
    2022 $883,478 $1,319,768 $1,446,870 View
    2021 $933,558 $661,004 $829,885 View
    2020 $1,082,387 $201,521 $212,953 View

    Prior year filings: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Expenses Detail

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $1,097,197
    • Number of Grants: 70
    • Number of Funders: 35

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $120,0002021 Broadway Cares Equity Fights AIDS IncUNRESTRICTED
    $91,3762023 PLEDGELING FOUNDATIONGENERAL
    $68,7232022 The Broadway League IncJIMMY THEATRICAL AWARDS
    $50,0002024 Mcgill Caiola Charitable FoundationTO SUPPORT THE ARTS
    $30,0002023 Morgan Stanley Global Impact Funding Trust IncUNRESTRICTED GENERAL SUPPORT
    $30,0002022 Morgan Stanley Global Impact Funding Trust IncUNRESTRICTED GENERAL SUPPORT
    $25,0002024 Hispanic Federation Inc.Donor-Advised
    $25,0002024 Morgan Stanley Global Impact Funding Trust IncUNRESTRICTED GENERAL SUPPORT
    $25,0002024 Flagstar Foundation IncARTS CULTURE
    $20,0002021 Morgan Stanley Global Impact Funding Trust IncUNRESTRICTED GENERAL SUPPORT
    $15,0002024 Broadway Cares Equity Fights AIDS IncUNRESTRICTED GENERAL SUPPORT
    $15,0002024 Providence Performing Arts CenterTHE JIMMY AWARDS
    $15,0002024 American Corporation of the ArtsJERRY HERMAN AWARDS
    $13,0002024 Donor Advised Charitable Giving, Inc.ARTS, CULTURE & HUMANITIES
    $12,0002024 American Corporation of the ArtsJIMMY AWARDS IN NY
    $12,0002023 American Corporation of the ArtsJIMMY AWARDS IN NY
    $11,5002023 American Corporation of the ArtsJERRY HERMAN AWARDS
    $11,5002023 Providence Performing Arts CenterTHE JIMMY AWARDS
    $11,0002022 American Corporation of the ArtsJERRY HERMAN AWARDS
    $10,0002022 American Corporation of the ArtsJIMMY AWARDS IN NY
    $10,0002021 American Corporation of the ArtsJIMMY AWARDS IN NY
    $10,0002021 The Goldman Sachs Charitable Gift FundCOMMUNITY OUTREACH & ENRICHMENT PROGRAMS
    $6,0002024 Arizona State University FoundationPROGRAM SUPPORT
    $6,0002023 Arizona State University FoundationPROGRAM SUPPORT
    $5,5002022 Arizona State University FoundationCOMMUNITY OUTREACH

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $25,000
    • Number of Grants: 1
    • Number of Recipients: 1

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $25,0002021 The Broadway League IncFAMILY FIRST NIGHT – AIDS FINANCIALLY AT-RISK FAMILIES TO ATTEND BROADWAY THEATER TOGETHER ON A REGULAR BASIS. THE PROGRAM PROMOTES THEATER-GOING AS A LIFELONG ACTIVITY AND EDUCATES CHILDREN ABOUT NON-PERFORMANCE THEATERICAL JOB OPPORTUNITIES.

    References

    1. “Foundation.” The Broadway League. Accessed December 22, 2025. https://www.broadwayleague.com/about/foundation/.
    2. Abourizk, Michael. “Broadway League’s initiative to bring students to Broadway returns with 21 participating shows.” Broadway News. October 15, 2025. https://www.broadwaynews.com/broadway-leagues-initiative-to-bring-students-to-broadway-returns-with-21-participating-shows/. 
    3. “About the Program.” Jimmy Awards. Accessed December 23, 2025. https://www.jimmyawards.com/about/about-the-program.
    4. Return of Organization Exempt from Income Tax (Form 990). The Broadway League Foundation Inc. 2023. Part III, Line 4a.
    5. “Partners and Sponsors.” Jimmy Awards. Accessed December 24, 2025. https://www.jimmyawards.com/about/partners-and-sponsors.
    6. Cox, Gordon. “Disney Theatrical Group’s Thomas Schumacher Will Depart Longtime Leadership Role This Month (EXCLUSIVE).” Variety. September 3, 2025. https://variety.com/2025/legit/news/thomas-schumacher-depart-disney-theatrical-1236505973/.
    7. Return of Organization Exempt from Income Tax (Form 990). The Broadway League Foundation Inc. 2023. Part VIII.
    8. Return of Organization Exempt from Income Tax (Form 990). The Broadway League Foundation Inc. 2023. Part IX.