Brooklyn Music School
- Assets
- $2.2m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 163
- Location
- Brooklyn, NY
- Founding
- 03/1936
- Data as of
- 08/2021
- EIN
- 11-6000202
Organization Overview
Brooklyn Music School is located in Brooklyn, NY. The organization was established in 1936. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Brooklyn Music School employed 163 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Music School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Brooklyn Music School generated $2.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $2.3m during the year ending 08/2021. While expenses have increased by 5.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO MAKE IT POSSIBLE FOR EVERYONE IN OUR COMMUNITY, REGARDLESS OF THEIR BACKGROUND AND RESOURCES, TO BE ABLE TO EXPERIENCE THE JOY OF MUSIC AND THE ARTISTIC AND INTELLECTUAL BENEFITS OF MUSICAL, DANCE, AND DRAMATIC PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE LESSONS:FOR OVER ONE HUNDRED YEARS, THE BROOKLYN MUSIC SCHOOL HAS BEEN OFFERING HIGH-QUALITY MUSIC INSTRUCTION FEATURING A WORLD-CLASS INTERNATIONAL FACULTY; OFFERING THE BEST OF WHAT NEW YORK CITY AND THE WORLD HAVE TO OFFER. PRIVATE LESSONS AT THE BROOKLYN MUSIC SCHOOL ARE INTENDED TO BE ENCOURAGING, FUN, ENGAGING, AND DETAILED IN PREPARATION FOR PERFORMANCE. ALL CLASSES AT BMS PROVIDE A WARM, SUPPORTIVE AND NURTURING ENVIRONMENT.OUTREACH:BMS OUTREACH PROGRAM IS DESIGNED TO BRING HIGH-QUALITY MUSICAL EDUCATION, INSTRUMENTS, AND PROGRAMMING INTO INSTITUTIONS WHERE BUDGET CUTS OR LACK OF PERSONNEL HAVE RESULTED IN EITHER NO MUSICAL INSTRUCTION OR PROGRAMS WITH VERY LIMITED SCOPE. CURRENTLY, THE SCHOOL SERVES 3,000 PEOPLE WITH 20 OUTREACH PARTNERS. THE CURRICULUM WILL BE CUSTOMIZED TO SUPPORT THE NEEDS OF EACH INSTITUTION AND DISCIPLINES CONTINUE TO INCLUDE CHORUS, PERCUSSION, GUITAR, RECORDER, VIOLIN, AND KEYBOARD, AS NEEDED.ARY:BMS AFTER SCHOOL PROGRAM, ARTS REACHING YOUTH (ARY), PROVIDES CHILDREN FROM 5-12 YEARS OLD WITH AFFORDABLE, HIGHLY ENGAGING PERFORMING ARTS AND MUSIC IMMERSION. WORLD-CLASS TEACHING ARTISTS WILL FACILITATE BMS VARIETY OF INSTRUMENTS, VOCAL EXPRESSION, MUSIC THEATER, DANCE, MUSIC THEORY, AND APPRECIATION. FINANCIAL AID IS AVAILABLE TO LOW-INCOME FAMILIES WHO NEED A SAFE, AFFORDABLE AND STIMULATING PLACE FOR THEIR CHILDREN TO LEARN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Piruz Partow E.d. Thru 7/21 | Officer | 40 | $87,131 |
Brian Adamczyk Executive Dir. | Officer | 40 | $25,577 |
Shelby Green Chair | OfficerTrustee | 10 | $0 |
Brian Pope Vice Chair | OfficerTrustee | 1 | $0 |
Peter Bordes Vice Chair | OfficerTrustee | 1 | $0 |
Jordan Tagmagni Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $757,465 |
| All other contributions, gifts, grants, and similar amounts not included above | $122,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $879,990 |
| Total Program Service Revenue | $1,483,072 |
| Investment income | $1,360 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $187,243 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $62,580 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,649,191 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $66,498 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,219 |
| Compensation of current officers, directors, key employees. | $55,931 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,392,782 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $81,866 |
| Payroll taxes | $113,942 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,235 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $25,700 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,223 |
| Advertising and promotion | $28,836 |
| Office expenses | $60,035 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,133 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $517 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,084 |
| Insurance | $53,057 |
| All other expenses | $97,419 |
| Total functional expenses | $2,286,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,382,990 |
| Savings and temporary cash investments | $130,725 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,154 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $48,216 |
| Net Land, buildings, and equipment | $427,752 |
| Investments—publicly traded securities | $106,325 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,156,162 |
| Accounts payable and accrued expenses | $67,606 |
| Grants payable | $0 |
| Deferred revenue | $854,846 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $500,000 |
| Other liabilities | $0 |
| Total liabilities | $1,422,452 |
| Net assets without donor restrictions | $626,962 |
| Net assets with donor restrictions | $106,748 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,156,162 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Brooklyn Music School has recieved totaling $20,005.
| Awarding Organization | Amount |
|---|---|
Mufg Union Bank Foundation Ag Phoenix, AZ PURPOSE: CHARITABLE | $10,000 |
Howard Gilman Foundation Inc New York, NY PURPOSE: STAFF OR TRUSTEE GRANT - GENERAL OPERATING SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $79,630 |
| Earnings | $28,055 |
| Grants | $1,360 |
| Ending Balance | $106,325 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
School Of American Ballet Inc New York, NY | $111,037,435 | $21,205,372 |
Settlement Music School Of Philadelphia Philadelphia, PA | $34,802,698 | $14,057,233 |
Society Of The Third Street Music School Settlement Inc New York, NY | $23,512,540 | $9,331,737 |
Professional Childrens School Inc New York, NY | $20,795,903 | $7,913,959 |
Elaine Kaufman Cultural Center-Lucy Moses School For Music And Dance New York, NY | $27,086,297 | $8,434,600 |
Usdan Center For The Creative And Performing Arts Wheatley Heights, NY | $9,094,063 | $7,842,834 |
The Brooklyn Queens Conservatory Of Music Brooklyn, NY | $5,364,852 | $5,242,264 |
South Shore Conservatory Of Music Inc Hingham, MA | $8,426,542 | $4,813,797 |
Academy Of Vocal Arts Philadelphia, PA | $44,375,102 | $5,042,502 |
Neighborhood Music School Inc New Haven, CT | $8,041,622 | $5,408,099 |
Marlboro School Of Music Inc Philadelphia, PA | $99,638,142 | $11,583,017 |
Hoff Barthelson Music School Scarsdale, NY | $5,808,540 | $3,629,362 |