Hoff Barthelson Music School
- Assets
- $5.1m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 100
- Location
- Scarsdale, NY
- Founding
- 03/1959
- Data as of
- 06/2022
- EIN
- 13-1861532
Organization Overview
Hoff Barthelson Music School is located in Scarsdale, NY. The organization was established in 1959. 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 06/2022, Hoff Barthelson Music School employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hoff Barthelson 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 06/2022, Hoff Barthelson Music School generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $3.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOFF-BARTHELSON MUSIC SCHOOLS MISSION IS TO INSPIRE AND DEVELOP EACH STUDENTS POTENTIAL THROUGH EXCELLENCE IN MUSIC EDUCATION WITH A COMMITMENT TO CREATIVITY, COLLABORATION, AND COMMUNITY. OUR VISION IS TO ENRICH LIVES AND CREATE COMMUNITY THROUGH MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC EDUCATIONAL PROGRAMS, INCLUDING PRIVATE LESSONS, THEORY CLASSES, SUZUKI GROUP CLASSES, CHAMBER MUSIC, AND ORCHESTRAS SERVING OVER 400 STUDENTS.
SUMMER ARTS PROGRAM FOR CHILDREN AGES 6-16 IS HELD FOR FIVE-SIX WEEKS IN THE SUMMER AND PROVIDES MUSIC, DRAMA AND ARTS PROGRAMS TO NEW AND CONTINUING STUDENTS.
OTHER PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Cole Executive Dir. | Officer | 50 | $209,288 |
Christopher Kenniff Dean | Officer | 40 | $144,596 |
German Rodriguez Dir Of Finance | Officer | 20 | $74,551 |
Rhonda Kost Chairman | OfficerTrustee | 2 | $0 |
Dana Matsushita Vice Chair | OfficerTrustee | 2 | $0 |
Janet Korins Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $71,697 |
| Related organizations | $0 |
| Government grants | $608,877 |
| All other contributions, gifts, grants, and similar amounts not included above | $514,712 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,195,286 |
| Total Program Service Revenue | $2,782,149 |
| Investment income | $43,334 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,342 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,053,239 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $92,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $493,541 |
| Compensation of current officers, directors, key employees. | $161,473 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,175,627 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,662 |
| Payroll taxes | $186,753 |
| Fees for services: Management | $22,254 |
| Fees for services: Legal | $7,251 |
| Fees for services: Accounting | $27,640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,824 |
| Fees for services: Other | $65,852 |
| Advertising and promotion | $25,677 |
| Office expenses | $178,221 |
| Information technology | $30,042 |
| Royalties | $0 |
| Occupancy | $109,967 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,861 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $233,236 |
| Insurance | $50,821 |
| All other expenses | $0 |
| Total functional expenses | $3,913,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $559,462 |
| Savings and temporary cash investments | $256,086 |
| Pledges and grants receivable | $133,100 |
| Accounts receivable, net | $47,469 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $43,785 |
| Prepaid expenses and deferred charges | $39,579 |
| Net Land, buildings, and equipment | $1,977,119 |
| Investments—publicly traded securities | $2,044,717 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $215 |
| Total assets | $5,101,532 |
| Accounts payable and accrued expenses | $82,088 |
| Grants payable | $0 |
| Deferred revenue | $470,840 |
| 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 | $569,792 |
| Other liabilities | $0 |
| Total liabilities | $1,122,720 |
| Net assets without donor restrictions | $2,548,483 |
| Net assets with donor restrictions | $1,430,329 |
| 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 | $5,101,532 |