Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Royal Conservatory of Music Foundation
EIN 13-3870382 • 501(c)3 • Buffalo, NY
Profile
The Foundation was formed to provide financial assistance to organizations of the type described in Section 501(c)(3) of the IRS Code. It has provided financial support to the Royal Conservatory of Music in Toronto, Ontario, Canada
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
55th percentile
Higher net margin than 55% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Balance Sheet
Assets
Down$6,228
Down $13,375 (-68%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Down$6,228
Down $13,375 (-68%) from 2023
Revenue
Up$171,120
Up $7,293 (+4.5%) from 2023
Expenses
Down$155,042
Down $105,958 (-41%) from 2023
Net Income
Up$16,078
Up $113,251 (+117%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $6,228
- Liabilities
- $0
- Net assets
- $6,228
- Revenue
- $171,120
- Expenses
- $155,042
- Net income
- $16,078
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Sep 1, 2023 to Aug 31, 2024
- Signed
- Jul 10, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $171,120
Mission and Program Overview
Mission
To provide financial assistance and support to the royal conservatory of music, toronto, ontario, canada.
To provide financial assistance and support to the royal conservatory of music, toronto, ontario canada.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE FOUNDATION PROVIDED FINANCIAL ASSISTANCE AND SUPPORT TO THE ROYAL CONSERVATORY OF MUSIC, TORONTO, ONTARIO, CANADA. | $155,000 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GARY J GARTNER | President | - | $0 | - | - |
| DIANE ELLIOT | Vice President | - | $0 | - | - |
| JEFFERY HILLIS | Treasurer, Secretary | - | $0 | - | - |
| JOHN T DUNLAP | Director | - | $0 | - | - |
| DAVID J MANNING | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Royal Conservatory of Music Foundation
- EIN
- 13-3870382
- Phone
- 7168541930
- Address
- 491 DELAWARE AVENUE, BUFFALO, NY 14202
Signing Officer
- Name
- Jeffrey Hillis
- Title
- Treasurer
- Signed
- 2025-07-10
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Tronconi Segarra & Associates Llp
- Address
- 8321 MAIN STREET, WILLIAMSVILLE, NY 14221
- Preparer
- Diane M Straka CPA
- Phone
- 7166331373
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest income. Amount: 1,956.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: . Grantee name: the royal conservatory of music. Grantee address: 273 bloor street west toronto, ontario, canada m5s 1w2. Property description: cash. Method used to determine book value: fmv. Method used to determine fmv: fmv (cash value). Book value of property: 155,000. Date of gift: 08/13/24. Amount given: 155,000.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank fees. Amount: 42.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: 481(a) adjustment for change in accounting method from cash basis to accrual. Amount: -29,453.”
Raw XML Appendix166 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | NICOLE TZETZO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7168541930 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 491 DELAWARE AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BUFFALO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 14202 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 19603 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6228 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 169164 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 16078 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 19603 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6228 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 155000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 171120 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1956 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 19603 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 6228 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 19603 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 6228 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | GARY J GARTNER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DIANE ELLIOT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JEFFERY HILLIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JOHN T DUNLAP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DAVID J MANNING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER, SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -29453 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 42 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE FINANCIAL ASSISTANCE AND SUPPORT TO THE ROYAL CONSERVATORY OF MUSIC, TORONTO, ONTARIO CANADA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE FOUNDATION PROVIDED FINANCIAL ASSISTANCE AND SUPPORT TO THE ROYAL CONSERVATORY OF MUSIC, TORONTO, ONTARIO, CANADA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 155000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 155042 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 171120 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 169164 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 159311 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 19916 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 327018 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1243 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 676652 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1956 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 4516 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 641 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 337 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 7452 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.58530 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99740 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 400412 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 276240 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 169164 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 159311 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 19916 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 327018 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1243 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 676652 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 684104 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 1,956. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: . GRANTEE NAME: THE ROYAL CONSERVATORY OF MUSIC. GRANTEE ADDRESS: 273 BLOOR STREET WEST TORONTO, ONTARIO, CANADA M5S 1W2. PROPERTY DESCRIPTION: CASH. METHOD USED TO DETERMINE BOOK VALUE: FMV. METHOD USED TO DETERMINE FMV: FMV (CASH VALUE). BOOK VALUE OF PROPERTY: 155,000. DATE OF GIFT: 08/13/24. AMOUNT GIVEN: 155,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: BANK FEES. AMOUNT: 42. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: 481(A) ADJUSTMENT FOR CHANGE IN ACCOUNTING METHOD FROM CASH BASIS TO ACCRUAL. AMOUNT: -29,453. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/ForeignPhoneNum | 0 | 4164082824 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JEFFREY HILLIS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-07-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ROYAL CONSERVATORY OF MUSIC FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ROYA |
| ReturnHeader/Filer/EIN | 0 | 133870382 |
| ReturnHeader/Filer/PhoneNum | 0 | 7168541930 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 491 DELAWARE AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BUFFALO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 14202 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 043728817 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | TRONCONI SEGARRA & ASSOCIATES LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8321 MAIN STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WILLIAMSVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 14221 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7166331373 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-07-10 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DIANE M STRAKA CPA |
| ReturnHeader/ReturnTs | 0 | 2025-07-10T11:47:40-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-09-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-08-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
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