Civic Intelligence

The School for Strings Inc

990 • Fiscal year 2016 • EIN 51-0201835

Sep 01, 2015 to Aug 31, 2016 • Filed on Jan 16, 2017

Organization ProfileWWW.SCHOOLFORSTRINGS.ORG

View Organization Page

419 West 54th StreetNew York, NY 10019

(212) 315-0915

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

36th percentile

0.02x

Higher debt load relative to assets than 36% of similar nonprofits.

2016 filings • NTEE A • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

37th percentile

0.07x

Higher debt load relative to revenue than 37% of similar nonprofits.

2016 filings • NTEE A • $5M-$10M nonprofits • Source year 2016

Net Margin

75th percentile

20%

Higher net margin than 75% of similar nonprofits.

2016 filings • NTEE A • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

58th percentile

$143,671

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2016 filings • NTEE A • $5M-$10M nonprofits • Source year 2016

Asset Growth

66th percentile

5.9%

Faster asset growth than 66% of similar nonprofits.

2016 filings • NTEE A • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

91st percentile

77%

Faster revenue growth than 91% of similar nonprofits.

2016 filings • NTEE A • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$7,009,419

Up $391,485 (+5.9%) from 2015

Net Assets

Up

$6,881,422

Up $402,107 (+6.2%) from 2015

Liabilities

Down

$127,997

Down $10,622 (-7.7%) from 2015

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin75th percentile

Revenue

Up

$1,968,329

Up $858,917 (+77%) from 2015

Expenses

Up

$1,566,222

Up $17,802 (+1.1%) from 2015

Net Income

Up

$402,107

Up $841,115 (+192%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $4,048,367Liabilities 2011: $140,557Net Assets 2011: $3,907,8102011Assets 2012: $4,368,913Liabilities 2012: $144,226Net Assets 2012: $4,224,6872012Assets 2013: $6,280,475Liabilities 2013: $134,070Net Assets 2013: $6,146,4052013Assets 2014: $7,067,240Liabilities 2014: $148,917Net Assets 2014: $6,918,3232014Assets 2015: $6,617,934Liabilities 2015: $138,619Net Assets 2015: $6,479,3152015Assets 2016: $7,009,419Liabilities 2016: $127,997Net Assets 2016: $6,881,4222016Assets 2017: $10,022,069Liabilities 2017: $167,040Net Assets 2017: $9,855,0292017Assets 2018: $10,467,990Liabilities 2018: $144,294Net Assets 2018: $10,323,6962018Assets 2019: $11,217,949Liabilities 2019: $123,663Net Assets 2019: $11,094,2862019Assets 2020: $11,894,209Liabilities 2020: $131,035Net Assets 2020: $11,763,1742020Assets 2021: $12,982,899Liabilities 2021: $117,679Net Assets 2021: $12,865,2202021Assets 2022: $12,108,681Liabilities 2022: $131,381Net Assets 2022: $11,977,3002022Assets 2023: $12,615,533Liabilities 2023: $123,290Net Assets 2023: $12,492,2432023Assets 2024: $14,039,478Liabilities 2024: $110,492Net Assets 2024: $13,928,9862024Assets 2025: $15,095,158Liabilities 2025: $216,942Net Assets 2025: $14,878,2162025

Highlighted filing

2016

Assets$7,009,419
Liabilities$127,997
Net Assets$6,881,422
Open 2016 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,306,2072011Revenue 2012: $1,707,327Expenses 2012: $1,390,450Net Income 2012: $316,8772012Revenue 2013: $3,365,690Expenses 2013: $1,443,972Net Income 2013: $1,921,7182013Revenue 2014: $2,251,175Expenses 2014: $1,479,257Net Income 2014: $771,9182014Revenue 2015: $1,109,412Expenses 2015: $1,548,420Net Income 2015: -$439,0082015Revenue 2016: $1,968,329Expenses 2016: $1,566,222Net Income 2016: $402,1072016Revenue 2017: $4,494,663Expenses 2017: $1,521,056Net Income 2017: $2,973,6072017Revenue 2018: $1,976,922Expenses 2018: $1,508,256Net Income 2018: $468,6662018Revenue 2019: $2,214,953Expenses 2019: $1,518,630Net Income 2019: $696,3232019Revenue 2020: $1,920,563Expenses 2020: $1,573,407Net Income 2020: $347,1562020Revenue 2021: $1,609,621Expenses 2021: $1,472,218Net Income 2021: $137,4032021Revenue 2022: $1,493,999Expenses 2022: $1,518,961Net Income 2022: -$24,9622022Revenue 2023: $1,417,864Expenses 2023: $1,507,050Net Income 2023: -$89,1862023Revenue 2024: $1,603,295Expenses 2024: $1,540,817Net Income 2024: $62,4782024Revenue 2025: $2,073,023Expenses 2025: $1,563,021Net Income 2025: $510,0022025

Highlighted filing

2016

Revenue$1,968,329
Expenses$1,566,222
Net Income$402,107
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jan 16, 2017
Return Version
2015v3.0
Gross Receipts
$3,376,558
Mission and Program Overview

Mission

To provide music students with the necessary facilities, equipment, and instructors to help develop and enhance their musical talents.

To provide music students with the necessary facilities, equipment, and instructors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,416,236$5,356,314▲ $940,078
Land, Buildings, and Equipment, Net$1,207,700$1,489,825▲ $282,125
Savings and Temporary Cash Investments$928,150$114,665▼ $813,485
Accounts Receivable$19,404$31,927▲ $12,523
Prepaid Expenses and Deferred Charges$36,970$13,402▼ $23,568
Inventories for Sale or Use$3,224$3,286▲ $62
Total Assets$6,617,934$7,009,419▲ $391,485
Other Assets Total$6,250$0▼ $6,250
Liabilities
Deferred Revenue$83,039$78,436▼ $4,603
Accounts Payable and Accrued Expenses$55,580$49,561▼ $6,019
Total Liabilities$138,619$127,997▼ $10,622
Net Assets / Fund Balance
Unrestricted Net Assets$6,427,109$6,831,261▲ $404,152
Temporarily Rstr Net Assets$52,206$50,161▼ $2,045
Total Net Assets Fund Balance$6,479,315$6,881,422▲ $402,107
Total Liabilities and Net Assets / Fund Balance$6,617,934$7,009,419▲ $391,485

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,228,380$2,616,503$3,844,883
Buildings$0$701,887$701,887
Equipment$131,165$342,509$473,674
Land$130,000-$130,000
Other Land Buildings$280$51,421$51,701

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$52,206--$2,045$50,161
2014$54,359--$2,153$52,206
2013$78,780--$24,421$54,359
2012$81,172--$2,392$78,780
2011$81,172---$81,172
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alexander YudkovskyTrusteeFT$135,221$8,450$143,671
Sheila KeatsPRESIDENT/TrusteePT$16,419-$16,419

Board Members and Trustees

NameTitle
Carol HerringSecretary/trustee
Philip TohTreasurer/trustee
Carla SolomonTrustee
Edward KangTrustee
Gregory GalterioTrustee
Juliana PereiraTrustee
Mark SteinbergTrustee
Susan EdelsteinTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$270,670
Program Service Revenue
$1,208,230
Investment Income
$-39,108
Other Revenue
$528,537
All Other Contributions
$185,070
Change in Net Assets
$402,107

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,968,329
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,968,329
Total Revenue per Form 990
$1,968,329
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$980,476
Other Expenses$585,746
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$866,860$12,367-$879,227
Depreciation Depletion$176,041--$176,041
All Other Expenses$63,558$7,449-$71,007
Payroll Taxes$59,039$3,099-$62,138
Other Employee Benefits$37,155$1,956-$39,111
Other Expenses$28,576$1,504-$30,080
Insurance$21,783$6,585-$28,368
Office Expenses$13,774$725-$14,499
Fees for Services Accounting-$12,000-$12,000
Fees for Services Legal-$1,225-$1,225
Total Functional Expenses$1,496,522$69,700$0$1,566,222

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,566,222
Total Expenses per Audited Statements$1,566,222
Total Expenses per Form 990$1,566,222
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$271,900
Fundraising Direct Expenses$132,230
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concert - Carnegie Hall$253,900$253,900-$253,900
Spring Benefit$103,600$18,000$31,038$-13,038
Total Events$357,500$271,900$132,230$139,670
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
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
No
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 B, line 11

“Line 11a explanation - BOARD OF DIRECTOR MEMBERS WERE PROVIDED WITH A COPY OF FORM 990 FOR THEIR REVIEW AND COMMENTS PRIOR TO THE FILING OF THE RETURN.”

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

“Officers and trustees are required to sign a conflicut of interest staement annually,”

Form 990, Part VI, Section C, line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
The School for Strings Inc
EIN
51-0201835
Phone
2123150915
Address
419 WEST 54TH STREET, NEW YORK, NY 10019

Signing Officer

Name
Alexander Yudkovsky
Title
Trustee
Phone
2123150915
Signed
2017-01-16
Discuss with paid preparer
Yes

Organization Details

Formed
1975
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
9
Employees
38
Volunteers
0

Preparer

Firm
Schulman Lobel Zand Katzen Williams & Bl
Address
1001 Avenue of the Americas, New York, NY 10018
Preparer
Andrew Muhlstock CPA
Phone
2128685781
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“In accordance with asc 740, income taxes, the company is required to disclose unrecognized tax benefits resulting from uncertain tax positions. At august 31,2016, the company did not have any unrecognized tax benefits or liabilities. The company operates in the united states and in state and local jurisdictions, and the previous three years remain subject to examination by tax authorities. There are presently no ongoing income tax examinations.”

Raw XML AppendixShowing 400 of 477 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt055580
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt049561
IRS990/AccountsReceivableGrp/BOYAmt019404
IRS990/AccountsReceivableGrp/EOYAmt031927
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE MUSIC STUDENTS WITH THE NECESSARY FACILITIES, EQUIPMENT, AND INSTRUCTORS.
IRS990/AllOtherContributionsAmt0185070
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt07449
IRS990/AllOtherExpensesGrp/ProgramServicesAmt063558
IRS990/AllOtherExpensesGrp/TotalAmt071007
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ALEXANDER YUDKOVSKY
IRS990/BooksInCareOfDetail/PhoneNum02123150915
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0419 WEST 54TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010019
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt085600
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0270670
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-39108
IRS990/CYOtherExpensesAmt0585746
IRS990/CYOtherRevenueAmt0528537
IRS990/CYProgramServiceRevenueAmt01208230
IRS990/CYRevenuesLessExpensesAmt0402107
IRS990/CYSalariesCompEmpBnftPaidAmt0980476
IRS990/CYTotalExpensesAmt01566222
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01968329
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt083039
IRS990/DeferredRevenueGrp/EOYAmt078436
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0176041
IRS990/DepreciationDepletionGrp/TotalAmt0176041
IRS990/Desc0THE EXPENSES AS REPORTED IN PART IX WERE INCURRED TO HELP PROVIDE MUSIC STUDENTS WITH THE NECESSARY FACILITIES, EQUIPMENT, AND INSTRUCTORS TO HELP DEVELOP AND ENHANCE THEIR MUSICAL TALENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt038
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01496522
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012000
IRS990/FeesForServicesAccountingGrp/TotalAmt012000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01225
IRS990/FeesForServicesLegalGrp/TotalAmt01225
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt08450
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0ALEXANDER YUDKOVSKY
IRS990/Form990PartVIISectionAGrp/PersonNm1SHEILA KEATS
IRS990/Form990PartVIISectionAGrp/PersonNm2SUSAN EDELSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm3EDWARD KANG
IRS990/Form990PartVIISectionAGrp/PersonNm4CARLA SOLOMON
IRS990/Form990PartVIISectionAGrp/PersonNm5CAROL HERRING
IRS990/Form990PartVIISectionAGrp/PersonNm6PHILIP TOH
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK STEINBERG
IRS990/Form990PartVIISectionAGrp/PersonNm8GREGORY GALTERIO
IRS990/Form990PartVIISectionAGrp/PersonNm9JULIANA PEREIRA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0135221
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt116419
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT/Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY/TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER/TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01975
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt085600
IRS990/FundraisingDirectExpensesAmt0132230
IRS990/FundraisingGrossIncomeAmt0271900
IRS990/GainOrLossGrp/SecuritiesAmt0-136285
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01139714
IRS990/GrossReceiptsAmt03376558
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06585
IRS990/InsuranceGrp/ProgramServicesAmt021783
IRS990/InsuranceGrp/TotalAmt028368
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03224
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03286
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt097177
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt097177
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04416236
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05356314
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03712320
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01207700
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01489825
IRS990/LandBldgEquipCostOrOtherBssAmt05202145
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01275999
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE MUSIC STUDENTS WITH THE NECESSARY FACILITIES, EQUIPMENT, AND INSTUCTORS TO HELP DEVELOP AND ENHANCE THEIR MUSICAL TALENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06479315
IRS990/NetAssetsOrFundBalancesEOYAmt06881422
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-136285
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-136285
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0139670
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0139670
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0725
IRS990/OfficeExpensesGrp/ProgramServicesAmt013774
IRS990/OfficeExpensesGrp/TotalAmt014499
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06250
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01956
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt037155
IRS990/OtherEmployeeBenefitsGrp/TotalAmt039111
IRS990/OtherExpensesGrp/Desc0SCHOLARSHIPS
IRS990/OtherExpensesGrp/Desc1REPAIRS & SERVICE CONTR
IRS990/OtherExpensesGrp/Desc2OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc3GAS AND ELECTRIC
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04501
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt118289
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21504
IRS990/OtherExpensesGrp/ProgramServicesAmt0108663
IRS990/OtherExpensesGrp/ProgramServicesAmt185517
IRS990/OtherExpensesGrp/ProgramServicesAmt235556
IRS990/OtherExpensesGrp/ProgramServicesAmt328576
IRS990/OtherExpensesGrp/TotalAmt0108663
IRS990/OtherExpensesGrp/TotalAmt190018
IRS990/OtherExpensesGrp/TotalAmt253845
IRS990/OtherExpensesGrp/TotalAmt330080
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0UNREALIZED GAINS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0388867
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0388867
IRS990/OtherRevenueTotalAmt0388867
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012367
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0866860
IRS990/OtherSalariesAndWagesGrp/TotalAmt0879227
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03099
IRS990/PayrollTaxesGrp/ProgramServicesAmt059039
IRS990/PayrollTaxesGrp/TotalAmt062138
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036970
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013402
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01196377
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt111853
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01196377
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt111853
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0224463
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0159698
IRS990/PYOtherExpensesAmt0539403
IRS990/PYOtherRevenueAmt0-591139
IRS990/PYProgramServiceRevenueAmt01316390
IRS990/PYRevenuesLessExpensesAmt0-439008
IRS990/PYSalariesCompEmpBnftPaidAmt01009017
IRS990/PYTotalExpensesAmt01548420
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01109412
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0402107
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01557989
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0928150
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0114665
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0701887
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0701887
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt052206
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt050161
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt02045
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt054359
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt052206
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt02153
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt078780
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt054359
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt024421
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt081172
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt078780
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt02392
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt081172
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt081172
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0131165
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0342509
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0473674
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01566222
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0130000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0130000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01228380
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02616503
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03844883
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0280
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt051421
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt051701
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01968329
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH ASC 740, INCOME TAXES, THE COMPANY IS REQUIRED TO DISCLOSE UNRECOGNIZED TAX BENEFITS RESULTING FROM UNCERTAIN TAX POSITIONS. AT AUGUST 31,2016, THE COMPANY DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS OR LIABILITIES. THE COMPANY OPERATES IN THE UNITED STATES AND IN STATE AND LOCAL JURISDICTIONS, AND THE PREVIOUS THREE YEARS REMAIN SUBJECT TO EXAMINATION BY TAX AUTHORITIES. THERE ARE PRESENTLY NO ONGOING INCOME TAX EXAMINATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01489825
IRS990ScheduleD/TotalExpensesPerForm990Amt01566222
IRS990ScheduleD/TotalRevenuePerForm990Amt01968329
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01968329
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01566222
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt085600
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt085600
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0132230
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CONCERT - CARNEGIE HALL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SPRING BENEFIT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0253900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0103600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0357500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0253900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt018000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0271900
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0139670
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt031038
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt031038
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0101192
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0101192
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Line 11a explanation - BOARD OF DIRECTOR MEMBERS WERE PROVIDED WITH A COPY OF FORM 990 FOR THEIR REVIEW AND COMMENTS PRIOR TO THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND TRUSTEES ARE REQUIRED TO SIGN A CONFLICUT OF INTEREST STAEMENT ANNUALLY,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,009,419
Liabilities
$127,997
Net assets
$6,881,422
Revenue
$1,968,329
Expenses
$1,566,222
Net income
$402,107
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$15.1$0.22$14.9$2.07$1.56$0.51
2024Detailed filing. Detailed filing data is available for this year.$14.0$0.11$13.9$1.60$1.54$0.06
2023Detailed filing. Detailed filing data is available for this year.$12.6$0.12$12.5$1.42$1.51$0.09
2022Detailed filing. Detailed filing data is available for this year.$12.1$0.13$12.0$1.49$1.52$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$0.12$12.9$1.61$1.47$0.14
2020Detailed filing. Detailed filing data is available for this year.$11.9$0.13$11.8$1.92$1.57$0.35
2019Detailed filing. Detailed filing data is available for this year.$11.2$0.12$11.1$2.21$1.52$0.70
2018Detailed filing. Detailed filing data is available for this year.$10.5$0.14$10.3$1.98$1.51$0.47
2017Detailed filing. Detailed filing data is available for this year.$10.0$0.17$9.86$4.49$1.52$2.97
2016Detailed filing. Detailed filing data is available for this year.$7.01$0.13$6.88$1.97$1.57$0.40
2015Detailed filing. Detailed filing data is available for this year.$6.62$0.14$6.48$1.11$1.55$0.44
2014Detailed filing. Detailed filing data is available for this year.$7.07$0.15$6.92$2.25$1.48$0.77
2013Summary only. Only limited summary data is available for this year.$6.28$0.13$6.15$3.37$1.44$1.92
2012Summary only. Only limited summary data is available for this year.$4.37$0.14$4.22$1.71$1.39$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$0.14$3.91$1.31