Civic Intelligence

The Perlman Music Program Inc

EIN 11-3247651 • 501(c)3 • New York, NY

Profile

See schedule oyoung musicians of talent need support. Left alone with their gift,without the instruction and mentoring that allows them to thrive, eventhe most exceptional young artists will struggle, and many may fail toachieve their full musical potential. Without this next generation ofworld-class musicians, the musical world and its audiences will be thepoorer.the perlman music program welcomes young musicians of rare and specialtalent into a richly supportive musical community. Through intensivesummer programs, year-round mentoring, and on occasion, aninternational study or performance tour, the program offersunparalleled musical training for students, ages 12 to 30, who play theviolin, viola, cello, bass and piano. With a faculty led by itzhakperlman and comprising some of the most gifted musical talents of ourtime, the program offers an artistic and personal experience thatchanges students lives forever.

Refreshing map…

19 West 69th StreetNew York, NY 10023-4737

www.perlmanmusicprogram.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

23rd percentile

0.01x

Higher debt load relative to assets than 23% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

18th percentile

0.02x

Higher debt load relative to revenue than 18% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2025

Net Margin

91st percentile

67%

Higher net margin than 91% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

65th percentile

$232,326

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

NTEE A • $10M-$25M nonprofits • Source year 2025

Asset Growth

91st percentile

45%

Faster asset growth than 91% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

93rd percentile

145%

Faster revenue growth than 93% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$24,835,848

Up $7,662,632 (+45%) from 2024

Liabilities

Down

$184,173

Down $121,198 (-40%) from 2024

Net Assets

Up

$24,651,675

Up $7,783,830 (+46%) from 2024

Revenue

Up

$10,906,603

Up $6,452,064 (+145%) from 2024

Expenses

Up

$3,577,550

Up $335,263 (+10%) from 2024

Net Income

Up

$7,329,053

Up $6,116,801 (+505%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $8,617,387Liabilities 2011: $146,074Net Assets 2011: $8,471,3132011Assets 2012: $10,008,353Liabilities 2012: $100,633Net Assets 2012: $9,907,7202012Assets 2013: $10,229,314Liabilities 2013: $189,138Net Assets 2013: $10,040,1762013Assets 2014: $11,403,338Liabilities 2014: $112,954Net Assets 2014: $11,290,3842014Assets 2015: $11,334,994Liabilities 2015: $176,723Net Assets 2015: $11,158,2712015Assets 2016: $11,301,598Liabilities 2016: $133,507Net Assets 2016: $11,168,0912016Assets 2017: $12,288,027Liabilities 2017: $86,493Net Assets 2017: $12,201,5342017Assets 2018: $12,347,820Liabilities 2018: $136,162Net Assets 2018: $12,211,6582018Assets 2019: $12,742,995Liabilities 2019: $88,567Net Assets 2019: $12,654,4282019Assets 2020: $13,321,429Liabilities 2020: $394,827Net Assets 2020: $12,926,6022020Assets 2021: $15,190,852Liabilities 2021: $310,737Net Assets 2021: $14,880,1152021Assets 2022: $15,300,935Liabilities 2022: $205,122Net Assets 2022: $15,095,8132022Assets 2023: $15,251,011Liabilities 2023: $199,416Net Assets 2023: $15,051,5952023Assets 2024: $17,173,216Liabilities 2024: $305,371Net Assets 2024: $16,867,8452024Assets 2025: $24,835,848Liabilities 2025: $184,173Net Assets 2025: $24,651,6752025

Highlighted filing

2025

Assets$24,835,848
Liabilities$184,173
Net Assets$24,651,675

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $2,461,1142011Expenses 2012: $2,530,1992012Revenue 2013: $2,757,157Expenses 2013: $2,624,701Net Income 2013: $132,4562013Revenue 2014: $4,044,042Expenses 2014: $2,793,834Net Income 2014: $1,250,2082014Revenue 2015: $2,546,969Expenses 2015: $2,679,082Net Income 2015: -$132,1132015Revenue 2016: $2,803,511Expenses 2016: $2,793,691Net Income 2016: $9,8202016Revenue 2017: $3,824,018Expenses 2017: $2,780,443Net Income 2017: $1,043,5752017Revenue 2018: $2,916,946Expenses 2018: $2,851,793Net Income 2018: $65,1532018Revenue 2019: $3,124,140Expenses 2019: $2,760,804Net Income 2019: $363,3362019Revenue 2020: $2,485,896Expenses 2020: $2,164,597Net Income 2020: $321,2992020Revenue 2021: $4,419,136Expenses 2021: $2,689,295Net Income 2021: $1,729,8412021Revenue 2022: $4,876,364Expenses 2022: $2,985,061Net Income 2022: $1,891,3032022Revenue 2023: $590,290Expenses 2023: $783,205Net Income 2023: -$192,9152023Revenue 2024: $4,454,539Expenses 2024: $3,242,287Net Income 2024: $1,212,2522024Revenue 2025: $10,906,603Expenses 2025: $3,577,550Net Income 2025: $7,329,0532025

Highlighted filing

2025

Revenue$10,906,603
Expenses$3,577,550
Net Income$7,329,053

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$0.18$24.7$10.9$3.58$7.33
2024Detailed filing. Detailed filing data is available for this year.$17.2$0.31$16.9$4.45$3.24$1.21
2023Detailed filing. Detailed filing data is available for this year.$15.3$0.20$15.1$0.59$0.78$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.3$0.21$15.1$4.88$2.99$1.89
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$0.31$14.9$4.42$2.69$1.73
2020Detailed filing. Detailed filing data is available for this year.$13.3$0.39$12.9$2.49$2.16$0.32
2019Detailed filing. Detailed filing data is available for this year.$12.7$0.09$12.7$3.12$2.76$0.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.3$0.14$12.2$2.92$2.85$0.07
2017Detailed filing. Detailed filing data is available for this year.$12.3$0.09$12.2$3.82$2.78$1.04
2016Detailed filing. Detailed filing data is available for this year.$11.3$0.13$11.2$2.80$2.79$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.3$0.18$11.2$2.55$2.68$0.13
2014Detailed filing. Detailed filing data is available for this year.$11.4$0.11$11.3$4.04$2.79$1.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$0.19$10.0$2.76$2.62$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.0$0.10$9.91$2.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.62$0.15$8.47$2.46
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Feb 1, 2024 to Jan 31, 2025
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$11,802,697
Mission and Program Overview

Mission

See schedule oyoung musicians of talent need support. Left alone with their gift,without the instruction and mentoring that allows them to thrive, eventhe most exceptional young artists will struggle, and many may fail toachieve their full musical potential. Without this next generation ofworld-class musicians, the musical world and its audiences will be thepoorer.the perlman music program welcomes young musicians of rare and specialtalent into a richly supportive musical community. Through intensivesummer programs, year-round mentoring, and on occasion, aninternational study or performance tour, the program offersunparalleled musical training for students, ages 12 to 30, who play theviolin, viola, cello and piano. With a faculty led by itzhakperlman and comprising some of the most gifted musical talents of ourtime, the program offers an artistic and personal experience thatchanges students lives forever.

Young musicians of talent need support. Left alone with their gift,without the instruction and mentoring that allows them to thrive, eventhe most exceptional young artists will struggle, and many may fail toachieve their full musical potential. Without this next generation ofworld-class musicians, the musical world and its audiences will be thepoorer.the perlman music program welcomes young musicians of rare and specialtalent into a richly supportive musical community. Through intensivesummer programs, year-round mentoring, and on occasion, aninternational study or performance tour, the program offersunparalleled musical training for students, ages 12 to 30, who play theviolin, viola, cello and piano. With a faculty led by itzhakperlman and comprising some of the most gifted musical talents of ourtime, the program offers an artistic and personal experience thatchanges students lives forever.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,303,261$18,255,753▲ $6,952,492
Land, Buildings, and Equipment, Net$5,225,502$6,036,469▲ $810,967
Prepaid Expenses and Deferred Charges$124,450$211,559▲ $87,109
Pledges and Grants Receivable$319,262$181,921▼ $137,341
Cash and Non-Interest-Bearing Accounts$148,390$132,962▼ $15,428
Accounts Receivable$5,866$13,384▲ $7,518
Savings and Temporary Cash Investments$3,220--
Total Assets$17,173,216$24,835,848▲ $7,662,632
Other Assets Total$43,265$3,800▼ $39,465
Liabilities
Accounts Payable and Accrued Expenses$215,497$129,206▼ $86,291
Deferred Revenue$54,011$54,967▲ $956
Other Liabilities$35,863$0▼ $35,863
Total Liabilities$305,371$184,173▼ $121,198
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,570,139$12,849,472▲ $1,279,333
Net Assets With Donor Restrictions$5,297,706$11,802,203▲ $6,504,497
Total Net Assets Fund Balance$16,867,845$24,651,675▲ $7,783,830
Total Liabilities and Net Assets / Fund Balance$17,173,216$24,835,848▲ $7,662,632

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,756,284$6,843,185$11,599,469
Land$1,228,181-$1,228,181
Other Land Buildings$38,734$358,458$397,192
Equipment$13,270$143,828$157,098

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$8,448,706$1,313,628▲ $1,203,643$423,950$10,542,027
2023$7,693,241$468,800▲ $694,722$408,057$8,448,706
2022$8,256,091$400,259▼ $392,506$-570,603$7,693,241
2021$2,205,385$8,167,217▼ $1,603,511$-513,000$8,256,091
2020$942,269$1,276,632▲ $31-$2,205,385
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anna KaplanExecutive DirectorFT$225,000$7,326$232,326
Jessica DenaroDirector of DevelopmentFT$175,000$30,349$205,349

Board Members and Trustees

NameTitle
Randall BlankChairman
Toby PerlmanPresident and Founder
Jim TothVice President
Peter KendVice President
Adam MeyerDirector
Barbara GladstoneDirector
Bettina S BryantDirector
Caitlin TullyDirector
Itzhak PerlmanDirector
Karen SeymourDirector
Laura SloateDirector
Linda Fayne LevinsonDirector
Michael BunyanerDirector
Michael KatzDirector
Pamela PantzerDirector
Randall YuenDirector
Rodger DeroseDirector
Mark MillerSecretary / Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Skolnick Architecture And Design PartnerArchitectural/design Services75 BROAD ST SUITE 2700, New York, NY 10004$468,657
Revenue and Support

Revenue Composition

Contributions and Grants
$9,331,891
Program Service Revenue
$483,067
Investment Income
$1,074,926
Other Revenue
$16,719
All Other Contributions
$8,182,763
Change in Net Assets
$7,329,053

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$5,078,496Fair Market Value
Total Noncash Contributions4$5,078,496-

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,632,582
Revenue Not Reported on Financial Statements
$274,021
Revenue Not Reported on Form 990
$1,229,777
Other Revenue Adjustments
$195,600
Total Revenue per Audited Statements
$11,862,359
Total Revenue per Form 990
$10,906,603
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,892,846
Other Expenses$1,489,104
Total Fundraising Expense$646,591
Grants and Similar Amounts Paid$195,600
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$951,542$163,916$253,571$1,369,029
Current Officers, Directors, Trustees, and Key Employees$162,470$33,526$61,893$257,889
Insurance$236,339$13,181$5,054$254,574
Office Expenses$211,411$6,885$10,764$229,060
Grants to Domestic Individuals$195,600--$195,600
Depreciation Depletion$142,499$2,691$2,304$147,494
Other Employee Benefits$91,679$16,092$25,433$133,204
Payroll Taxes$90,916$16,102$25,706$132,724
Occupancy$94,954$8,372$8,371$111,697
Fees for Services Other$64,862$20,268$22,543$107,673
Fees for Service Investment Mgmnt Fees-$78,421-$78,421
Travel$45,074$119$5,659$50,852
Fees for Services Accounting$18,780$5,868$6,527$31,175
Other Expenses$2,101$506$24,612$27,219
Advertising$10,754-$14,161$24,915
Total Functional Expenses$2,561,859$369,100$646,591$3,577,550

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,078,529
Total Expenses per Form 990$3,577,550
Expenses per Audited Statements$3,303,529
Expenses Not Reported on Form 990$775,000
Expenses Not Reported on Financial Statements$274,021
Other Expense Adjustments$195,600
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$213,332
Fundraising Gross Income$213,332
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Summer Gala$1,332,460$213,332$213,332$0
Total Events$1,332,460$213,332$213,332$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Board members itzhak and toby perlman - family relationship

Form 990, Part VI, Section B, Line 11B

After review by the treasurer and prior to filing, a draft 990 is provided to the members of the board of directors.

Form 990, Part VI, Section B, Line 12C

Annually the audit committee will review conflict of interest files.

Form 990, Part VI, Section B, Line 15A

All full time employees complete self evaluation form shortly before the close of the fiscal year which are then discussed with their supervisors. In the case of the executive director, the executive committee of the board of directors reviews her evaluation and, in consultation with an executive recruitment firm specializing in senior management in nonprofit corporations, determines an appropriate salary and bonus along with establishing goals for the next year. A key component of this determination is a review of public information available for similar nonprofits in the arts, performance and musical education. For purposes of comparibilty the committee looks at organizations of similar size as measured by functional expenses and net assets and geographic location. This process is summarized in executive committee notes.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
The Perlman Music Program Inc
EIN
11-3247651
Phone
2127218769
Address
19 WEST 69TH STREET, NEW YORK, NY 10023-4737

Signing Officer

Name
Randall Blank
Title
Chairman
Phone
2127218769
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randall Blank
Formed
1994
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
17
Employees
57
Volunteers
17

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Frederick Martens
Phone
2126972299
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The organization maintains a board designated endowment and several donor restricted endowment funds. The endowment funds are used for various scholarships and programs.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Scholarship expense netted with total expense 195,600.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Scholarship expense netted with total expense 195,600.

Raw XML AppendixShowing 400 of 692 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0YOUNG MUSICIANS OF TALENT NEED SUPPORT. LEFT ALONE WITH THEIR GIFT,WITHOUT THE INSTRUCTION AND MENTORING THAT ALLOWS THEM TO THRIVE, EVENTHE MOST EXCEPTIONAL YOUNG ARTISTS WILL STRUGGLE, AND MANY MAY FAIL TOACHIEVE THEIR FULL MUSICAL POTENTIAL. WITHOUT THIS NEXT GENERATION OFWORLD-CLASS MUSICIANS, THE MUSICAL WORLD AND ITS AUDIENCES WILL BE THEPOORER.THE PERLMAN MUSIC PROGRAM WELCOMES YOUNG MUSICIANS OF RARE AND SPECIALTALENT INTO A RICHLY SUPPORTIVE MUSICAL COMMUNITY. THROUGH INTENSIVESUMMER PROGRAMS, YEAR-ROUND MENTORING, AND ON OCCASION, ANINTERNATIONAL STUDY OR PERFORMANCE TOUR, THE PROGRAM OFFERSUNPARALLELED MUSICAL TRAINING FOR STUDENTS, AGES 12 TO 30, WHO PLAY THEVIOLIN, VIOLA, CELLO AND PIANO. WITH A FACULTY LED BY ITZHAKPERLMAN AND COMPRISING SOME OF THE MOST GIFTED MUSICAL TALENTS OF OURTIME, THE PROGRAM OFFERS AN ARTISTIC AND PERSONAL EXPERIENCE THATCHANGES STUDENTS LIVES FOREVER.
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IRS990/Form990PartVIISectionAGrp/PersonNm4MARK MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm5BETTINA S BRYANT
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL BUNYANER
IRS990/Form990PartVIISectionAGrp/PersonNm7RODGER DEROSE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT AND FOUNDER
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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF DEVELOPMENT
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IRS990/MissionDesc0SEE SCHEDULE OYOUNG MUSICIANS OF TALENT NEED SUPPORT. LEFT ALONE WITH THEIR GIFT,WITHOUT THE INSTRUCTION AND MENTORING THAT ALLOWS THEM TO THRIVE, EVENTHE MOST EXCEPTIONAL YOUNG ARTISTS WILL STRUGGLE, AND MANY MAY FAIL TOACHIEVE THEIR FULL MUSICAL POTENTIAL. WITHOUT THIS NEXT GENERATION OFWORLD-CLASS MUSICIANS, THE MUSICAL WORLD AND ITS AUDIENCES WILL BE THEPOORER.THE PERLMAN MUSIC PROGRAM WELCOMES YOUNG MUSICIANS OF RARE AND SPECIALTALENT INTO A RICHLY SUPPORTIVE MUSICAL COMMUNITY. THROUGH INTENSIVESUMMER PROGRAMS, YEAR-ROUND MENTORING, AND ON OCCASION, ANINTERNATIONAL STUDY OR PERFORMANCE TOUR, THE PROGRAM OFFERSUNPARALLELED MUSICAL TRAINING FOR STUDENTS, AGES 12 TO 30, WHO PLAY THEVIOLIN, VIOLA, CELLO AND PIANO. WITH A FACULTY LED BY ITZHAKPERLMAN AND COMPRISING SOME OF THE MOST GIFTED MUSICAL TALENTS OF OURTIME, THE PROGRAM OFFERS AN ARTISTIC AND PERSONAL EXPERIENCE THATCHANGES STUDENTS LIVES FOREVER.
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt145553
IRS990/ProgSrvcAccomActy2Grp/Desc0CONCERTS AND MENTORSHIP PROGRAM - YEAR-ROUND CONCERTS, MENTORSHIP AND RESIDENCIES FOR ALUMNI OF THE SUMMER MUSIC SCHOOL, CHAMBER MUSIC WORKSHOP AND TRAVEL PROGRAMS. PERFORMANCES, COMMUNITY EVENTS, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES, DESIGNED TO GUIDE AND SUPPORT ALUMNI THROUGH THEIR COLLEGE YEARS AND BEYOND.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0330205
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt027420
IRS990/ProgSrvcAccomActy3Grp/Desc0TRAVEL PROGRAMS - THE TRAVEL PROGRAMS CONSIST OF THE BIENNIAL ISRAEL RESIDENCY, MIXING ISRAELI STUDENTS AND STUDENTS OF THE SUMMER MUSIC SCHOOL, AND THE SARASOTA WINTER RESIDENCY, A TWO AND A HALF WEEK SESSION AT THE END OF THE CALENDAR YEAR WHICH TAKES PLACE IN SARASOTA, FLORIDA, MIXING STUDENTS OF THE SUMMER MUSIC SCHOOL, CHAMBER MUSIC WORKSHOP AND THE ISRAEL RESIDENCY.
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