Bloomingdale School Of Music Inc is located in New York, NY. The organization was established in 1966. 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 06/2023, Bloomingdale School Of Music Inc employed 98 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bloomingdale School Of Music Inc 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 06/2023, Bloomingdale School Of Music Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $2.9m during the year ending 06/2023. While expenses have increased by 4.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ACCESS TO HIGH-QUALITY MUSIC EDUCATION FOR ANYONE WHO SEEKS IT, REGARDLESS OF ECONOMIC STATUS, ABILITY LEVEL, RACE, ETHNICITY,SEXUAL ORIENTATION, OR RELIGIOUS AFFILIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR NEARLY 60 YEARS AT BLOOOMINGDALE, OUR CORE COMMUNITY HAS STRETCHED FROM W. 86TH STREET TO W. 125TH STREET, FROM CENTRAL PARK TO THE HUDSON RIVER, WHILE OUR SIGNATURE SCHOLARSHIP PROGRAMS DRAW FROM FOUR OF THE BOROUGHS OF NYC. OUR STUDENTS COME FROM AREAS AS CLOSE AS NEXT DOOR AND AS FAR AS BROOKLYN AND THE BRONX. ADDITIONALLY, WITH ONLINE PROGRAMMING, WE'VE BEEN ABLE TO EXTEND OUR REACH AS FAR AS UPSTATE NEW YORK AND JAPAN. OUR FAMILIES FORM A NETWORK, HELPING THEIR LOVED ONES GET TO AND FROM LESSONS, ENCOURAGING REGULAR PRACTICE, ATTENDING OUR COMMUNITY CONCERTS, AND ENJOYING THEIR OWN MUSICAL EXPERIENCE THROUGH BLOOMINGDALE.CONTINUTED ON SCHEDULE OBSM'S AFTER SCHOOL AND WEEKEND PROGRAM PROVIDES PRIVATE AND GROUP INSTRUCTION TO APPROXIMATELY 650 STUDENTS OF ALL AGES WEEKLY ON MORE THAN 20 INSTRUMENTS, INCLUDING CELLO, CLARINET, FLUTE, GUITAR, PERCUSSION, PIANO, SAXOPHONE, TROMBONE, VIOLIN, AND VOICE, AS WELL AS SEVERAL ENSEMBLE OPPORTUNITIES. ADDITIONALLY, THE PROGRAM OFFERS AN EARLY CHILDHOOD TRACK, WITH VARIOUS CLASSES UTILIZING DALCROZE AND ORFF APPROACHES FOR CHILDREN AGED 3 MONTHS TO 6 YEARS. BSM'S FACULTY IS COMPRISED OF EXEMPLARY INSTRUCTORS, COACHES, AND MENTORS, WITH 80% HOLDING ADVANCED DEGREES IN MUSIC. THE MUSIC ACCESS PROJECT (MAP) IS A FULL SCHOLARSHIP, MULTI-YEAR PRE-COLLEGE CONSERVATORY TRAINING PROGRAM FOR TALENTED LOW-INCOME AND UNDERSERVED STUDENTS. ANNUALLY, MAP SERVES BETWEEN 15 TO 20 STUDENTS SELECTED BY AUDITION. STUDENTS RECEIVE A COMPREHENSIVE MUSIC EDUCATION INCLUDING A 60-MINUTE PRIVATE LESSON, 90-MINUTE CHAMBER MUSIC COACHING, WEEKLY ORCHESTRA OR JAZZ ENSEMBLE REHEARSAL, THEORY CLASSES, AND SPECIAL MONTHLY WORKSHOPS. ROUGHLY 200 MAP ALUMNI HAVE GRADUATED THE PROGRAM AND 98% HAVE GONE ON TO STUDY AT THE COLLEGE LEVEL, MANY FINDING WORK AS PROFESSIONAL MUSICIANS, ARTS ADMINISTRATORS, AND MUSIC TEACHERS IN THE NEW YORK CITY PUBLIC SCHOOL SYSTEM. PROJECT BRIDGE IS A PROGRAM THAT AIMS TO SUPPORT NYC PUBLIC SCHOOL STUDENTS AND TEACHERS IN EXISTING INSTRUMENTAL PROGRAMS IN SECONDARY SCHOOLS. PARTICIPATING STUDENTS RECEIVE A FREE WEEKLY 45-MINUTE PRIVATE INSTRUMENT LESSON THROUGHOUT THE YEAR AT BLOOMINGDALE. INSTRUCTION IS DESIGNED TO REINFORCE AND SUPPORT THE WORK BEING DONE BY THE PUBLIC SCHOOL TEACHER. PB SERVES BETWEEN 10-15 STUDENTS ANNUALLY. THE PROFESSIONAL TRAINING PROGRAM IS A ONE TO THREE YEAR INTENSIVE PROGRAM DESIGNED FOR YOUNG PIANISTS WHO ARE INTERESTED IN EVENTUALLY ATTENDING A PRE-COLLEGE MUSIC PROGRAM SUCH AS BSM'S MUSIC ACCESS PROJECT. STUDENTS RECEIVE WEEKLY PRIVATE INSTRUCTIONS, CHAMBER ENSEMBLE OPPORTUNITIES, MUSIC THEORY CLASSES, AND PERFORMANCE COURSES THROUGHOUT THE YEAR. BSM'S FREE FACULTY CONCERT SERIES PRESENTS 20 TO 25 FREE CONCERTS EACH YEAR, SERVING AUDIENCES OF OVER 1,000 PEOPLE PER YEAR. THESE CONCERTS, CURATED AND PERFORMED BY BSM'S FACULTY OF PROFESSIONAL MUSICIANS, OFFER A RICH VARIETY OF FREE, HIGH-QUALITY PERFORMANCES THAT ARE ENTERTAINING AND INFORMATIVE, PRESENTING A WIDE RANGE OF MUSICAL STYLES AND TRADITIONS. CONCERTS ARE HOSTED FREE OF CHARGE AT BSM'S HOME ON WEST 108TH STREET, ALLOWING ANYONE IN NYC TO EXPERIENCE LIVE MUSIC IN AN INTIMATE COMMUNITY SETTING. BLOOMINGDALE TRAINING PROGRAM: BLOOMINGDALE TRAINING PROGRAM (BTP) IS A COMPREHENSIVE MUSIC EDUCATION PROGRAM WITH BOTH PIANO AND GUITAR TRACKS. IT IS AN INTENSIVE PROGRAM DESIGNED FOR STUDENTS AGES 8 TO 17 WHO ARE INTERESTED IN MAKING THE MOST OF THEIR MUSIC EDUCATION BY ENHANCING THEIR PRIVATE LESSON STUDIES WITH CHAMBER MUSIC, THEORY, AND OTHER SPECIAL EVENTS. BTP AIMS TO STRENGTHEN STUDENTS' MUSICAL ABILITIES AND PROVIDE THEM WITH THE REQUIRED TOOLS TO PUSH THEM TO THE NEXT LEVEL OF ACHIEVEMENT. THE BLOOMINGDALE STUDENT NEW MUSIC PROJECT IS A SERIES OF COMMISSIONS, COLLABORATIONS, WEB FEATURES, AND PERFORMANCE THAT PROMOTES THE PROCESS OF CREATING ORIGINAL MUSIC AMONG CHILDREN. THE PROJECT COMMISSIONS A PROFESSIONAL COMPOSER TO CREATE NEW WORKS FOR CHILDREN; IN ADDITION, YOUNG COMPOSERS AT BLOOMINGDALE, SOME AS YOUNG AS SIX YEARS OLD, WRITE MUSIC THAT IS PLAYED BY OTHER CHILDREN OR FACULTY AT THE PROJECT'S ANNUAL CULMINATING CONCERT, ALBUM FOR THE YOUNG. FOR BOTH STUDENTS AND COMPOSERS THE STUDENT NEW MUSIC PROJECT OPENS UP A WINDOW INTO THE OTHER'S WORKING METHODS AND CREATIVE PROCESS. BSMNY.ORG IS A MISSION-DRIVEN COMMUNITY-ORIENTED INTERNET WEBSITE THAT EXTENDS BLOOMINGDALE'S MISSION TO THE INTERNET. LAST YEAR, THE SITE REGISTERED OVER AN AVERAGE OF 6,000 WEEKLY VISITS WHERE PEOPLE REGISTERED FOR LESSONS, BROWSED FACULTY BIOGRAPHIES AND PERFORMANCE CALENDARS, LEARNED ABOUT MUSICAL INSTRUMENTS INTERACTIVELY, AND READ FEATURES HIGHLIGHTING SPECIFIC MUSICAL TOPICS OF INTEREST. WITH FUNDING FROM THREE PARTNERS AS WELL AS GOVERNMENT SUPPORT, BY OCTOBER 2023, BLOOMINGDALE WILL HAVE EXPANDED ITS FULL-SCALE RENOVATION PROJECT BY INSTALLING A NEW AIR CONDITIONING & HEATING SYSTEM ON THE 3RD, 4TH & 5TH-FLOOR STUDIOS. THESE RENOVATIONS WILL ULTIMATELY SERVE TO PROVIDE A BETTER AND SAFER ENVIRONMENT FOR THE MORE THAN 650 STUDENTS THAT FIND BLOOMINGDALE A PLACE TO GROW AND CULTIVATE THEIR MUSICAL SKILLS. IT IS PART OF A MULTI-YEAR PLAN THAT AIMS TO UPGRADE OUR MECHANICAL SYSTEMS SO THAT OUR ENTIRE FIVE-STORY STRUCTURE CAN PROVIDE COMFORTABLE AND RELIABLE INDOOR CONDITIONS ACROSS THE FOUR SEASONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ken Michaels President | OfficerTrustee | 5 | $0 |
Bradley Kulman Vice President/audit Chair | OfficerTrustee | 1 | $0 |
Paul Ness Treasurer | OfficerTrustee | 1 | $0 |
Sherry Glied Secretary | OfficerTrustee | 1 | $0 |
Jean Marie DE Veaux Board Member | Trustee | 1 | $0 |
Andrea Gural Governance Co-Chair | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $104,718 |
Related organizations | $0 |
Government grants | $440,227 |
All other contributions, gifts, grants, and similar amounts not included above | $977,583 |
Noncash contributions included in lines 1a–1f | $33,703 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,522,528 |
Total Program Service Revenue | $1,555,381 |
Investment income | $22,181 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $99,216 |
Net Gain/Loss on Asset Sales | $22,788 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,222,647 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $275,900 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $163,047 |
Compensation of current officers, directors, key employees. | $48,914 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,603,458 |
Pension plan accruals and contributions | $18,263 |
Other employee benefits | $95,525 |
Payroll taxes | $128,539 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,572 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $30,000 |
Fees for services: Investment Management | $29,366 |
Fees for services: Other | $111,072 |
Advertising and promotion | $38,540 |
Office expenses | $104,830 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $96,034 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $167 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $82,041 |
Insurance | $37,563 |
All other expenses | $0 |
Total functional expenses | $2,888,335 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $378,978 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $279,051 |
Accounts receivable, net | $59,284 |
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 | $48,536 |
Net Land, buildings, and equipment | $887,028 |
Investments—publicly traded securities | $1,095,378 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,748,255 |
Accounts payable and accrued expenses | $93,447 |
Grants payable | $0 |
Deferred revenue | $214,332 |
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 | $40,123 |
Other liabilities | $23,374 |
Total liabilities | $371,276 |
Net assets without donor restrictions | $1,569,227 |
Net assets with donor restrictions | $807,752 |
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 | $2,748,255 |