The Carnegie Hall Corporation

Organization Overview

The Carnegie Hall Corporation, operating under the name Carnegie Hall, is located in New York, NY. The organization was established in 1962. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Carnegie Hall employed 635 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carnegie Hall 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 06/2021, Carnegie Hall generated $55.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $66.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Carnegie Hall has awarded 255 individual grants totaling $6,728,488. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PRESENT MUSIC & MUSICIANS, BRING THE TRANSFORMATIVE POWER OF MUSIC SEE SCHEDULE OTO THE WIDEST POSSIBLE AUDIENCE, PROVIDE EDUCATION PROGRAMS, AND PROVIDE NEW WORKS, ARTISTS & AUDIENCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CARNEGIE HALL PRODUCED EVENTS: DUE TO ITS CLOSURE RELATED TO COVID-19, LIVE PERFORMANCES DID NOT TAKE PLACE AT CARNEGIE HALL IN FY21. INSTEAD, FREE DIGITAL PROGRAMMING PRODUCED BY CARNEGIE HALL - MOST CURATED BY LEADING ARTISTS AND FEATURING MUSICAL PERFORMANCES AND ENGAGING BEHIND-THE-SCENES CONTENT- ENABLED THE HALL TO STAY CONNECTED WITH AUDIENCES IN NEW YORK CITY AND WORLDWIDE WITH MILLIONS OF VIEWS ON CARNEGIE HALL'S WEB SITE AND SOCIAL MEDIA CHANNELS. IN JUNE 2021, THE HALL CELEBRATED THE RETURN TO LIVE IN-PERSON PERFORMANCES WITH OUTDOOR CONCERTS IN NYC NEIGHBORHOOD VENUES AS PART OF THE FREE CARNEGIE HALL CITYWIDE SERIES. IN FY21, THE HALL PRESENTED 2 IN-PERSON EVENTS TO AN AUDIENCE OF MORE THAN 2,100, KICKING OFF A SUMMER SCHEDULE FEATURING MORE THAN 20 CONCERTS IN 11 PARTNER VENUES.


THE WEILL MUSIC INSTITUTE AT CARNEGIE HALL CREATES BROAD-REACHING MUSIC EDUCATION AND SOCIAL IMPACT PROGRAMS PLAYING A CENTRAL ROLE IN THE HALL'S COMMITMENT TO MAKING GREAT MUSIC ACCESSIBLE TO AS MANY PEOPLE AS POSSIBLE THROUGH CREATIVE INTERACTION DESIGNED TO INSPIRE LIFELONG LEARNING. THROUGHOUT THE PANDEMIC, WMI PIVOTED MOST OF ITS PROGRAMMING TO DIGITAL PLATFORMS SERVING MORE THAN 800,000 STUDENTS, EDUCATORS, FAMILIES, YOUNG MUSICIANS, PROFESSIONAL ARTISTS, AND COMMUNITY MEMBERS THROUGHOUT NEW YORK CITY AND AROUND THE GLOBE.


HALL RENTAL OPERATIONS: IN ADDITION TO CARNEGIE HALL'S OWN PRESENTATIONS, THE CORPORATION LEASES AND MANAGES CARNEGIE HALL AS AN AUDITORIUM FOR CONCERTS AND OTHER PERFORMANCES TO DIVERSIFY THE EXPOSURE OF MUSIC RELATED ARTS TO THE COMMUNITY. DUE TO ITS CLOSURE RELATED TO COVID-19, THERE WERE NO PUBLIC RENTAL EVENTS AT THE HALL DURING THE FISCAL YEAR, HOWEVER SOME FILMING WAS ABLE TO TAKE PLACE.


REAL ESTATE OPERATIONS EXPENSES: 6,705,255OTHER OPERATIONS AND SPECIAL PROJECTS EXPENSES: 4,426,983REVENUE: 181,539


CARNEGIE HALL PRODUCED EVENTS: DUE TO ITS CLOSURE RELATED TO COVID-19, LIVE PERFORMANCES DID NOT TAKE PLACE AT CARNEGIE HALL IN FY21. INSTEAD, FREE DIGITAL PROGRAMMING PRODUCED BY CARNEGIE HALL - MOST CURATED BY LEADING ARTISTS AND FEATURING MUSICAL PERFORMANCES AND ENGAGING BEHIND-THE-SCENES CONTENT- ENABLED THE HALL TO STAY CONNECTED WITH AUDIENCES IN NEW YORK CITY AND WORLDWIDE WITH MILLIONS OF VIEWS ON CARNEGIE HALL'S WEB SITE AND SOCIAL MEDIA CHANNELS. IN JUNE 2021, THE HALL CELEBRATED THE RETURN TO LIVE IN-PERSON PERFORMANCES WITH OUTDOOR CONCERTS IN NYC NEIGHBORHOOD VENUES AS PART OF THE FREE CARNEGIE HALL CITYWIDE SERIES. IN FY21, THE HALL PRESENTED 2 IN-PERSON EVENTS TO AN AUDIENCE OF MORE THAN 2,100, KICKING OFF A SUMMER SCHEDULE FEATURING MORE THAN 20 CONCERTS IN 11 PARTNER VENUES.


THE WEILL MUSIC INSTITUTE AT CARNEGIE HALL CREATES BROAD-REACHING MUSIC EDUCATION AND SOCIAL IMPACT PROGRAMS PLAYING A CENTRAL ROLE IN THE HALL'S COMMITMENT TO MAKING GREAT MUSIC ACCESSIBLE TO AS MANY PEOPLE AS POSSIBLE THROUGH CREATIVE INTERACTION DESIGNED TO INSPIRE LIFELONG LEARNING. THROUGHOUT THE PANDEMIC, WMI PIVOTED MOST OF ITS PROGRAMMING TO DIGITAL PLATFORMS SERVING MORE THAN 800,000 STUDENTS, EDUCATORS, FAMILIES, YOUNG MUSICIANS, PROFESSIONAL ARTISTS, AND COMMUNITY MEMBERS THROUGHOUT NEW YORK CITY AND AROUND THE GLOBE.


HALL RENTAL OPERATIONS: IN ADDITION TO CARNEGIE HALL'S OWN PRESENTATIONS, THE CORPORATION LEASES AND MANAGES CARNEGIE HALL AS AN AUDITORIUM FOR CONCERTS AND OTHER PERFORMANCES TO DIVERSIFY THE EXPOSURE OF MUSIC RELATED ARTS TO THE COMMUNITY. DUE TO ITS CLOSURE RELATED TO COVID-19, THERE WERE NO PUBLIC RENTAL EVENTS AT THE HALL DURING THE FISCAL YEAR, HOWEVER SOME FILMING WAS ABLE TO TAKE PLACE.


REAL ESTATE OPERATIONS EXPENSES: 6,705,255OTHER OPERATIONS AND SPECIAL PROJECTS EXPENSES: 4,426,983REVENUE: 181,539


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tishman Interiors Corporation Of Ny
Contractor
$2,702,294
Penguin Maintenance And Services
Contractor
$777,080
Stealth Security & Assoc Llc
Security
$715,714
Artists Acquisition Llcopus3 Artists
Artist Fees
$662,143
Dcm Inc
Marketing & Tele-fundraising
$545,597
Stealth Security & Assoc Llc
Security
$715,714
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$7,545,302
Related organizations$0
Government grants $6,415,556
All other contributions, gifts, grants, and similar amounts not included above$16,836,382
Noncash contributions included in lines 1a–1f $814,365
Total Revenue from Contributions, Gifts, Grants & Similar$30,797,240
Total Program Service Revenue$784,382
Investment income $1,287,530
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,810,883
Net Gain/Loss on Asset Sales $18,488,031
Net Income from Fundraising Events -$893,360
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $36,688
Miscellaneous Revenue$0
Total Revenue $55,324,262

Grants Awarded

Over the last fiscal year, The Carnegie Hall Corporation has awarded $2,429,454 in support to 94 organizations.

Grant RecipientAmount

Philadelphia, PA

PURPOSE: ARTS PROGRAMMING

$96,203

Philadelphia, PA

PURPOSE: ARTS PROGRAMMING

$96,203

New York, NY

PURPOSE: ARTS PROGRAMMING

$91,127

New York, NY

PURPOSE: ARTS PROGRAMMING

$91,127

EDUCATIONAL VIDEO CENTER INC

Org PageRecipient Profile

New York, NY

PURPOSE: ARTS PROGRAMMING

$68,540

EDUCATIONAL VIDEO CENTER INC

Org PageRecipient Profile

New York, NY

PURPOSE: ARTS PROGRAMMING

$68,540
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 75 grants that The Carnegie Hall Corporation has recieved totaling $8,079,426.

Awarding OrganizationAmount
Weill Family Foundation

Albany, NY

PURPOSE: SATISFACTION OF A PLEDGE

$2,957,725
Mercedes T Bass Charitable Corporation

Fort Worth, TX

PURPOSE: GENERAL PURPOSE

$560,000
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$436,400
Jerome L Greene Foundation Inc

New York, NY

PURPOSE: FURTHER 501(C)(3) CHARITABLE PURPOSE

$356,500
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$340,481
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$305,855
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$299,794,653
Earnings$94,104,487
Net Contributions$7,500
Other Expense$18,959,000
Ending Balance$374,947,640

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