David Hochstein Memorial Music School Inc
- Assets
- $10.2m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 161
- Location
- Rochester, NY
- Founding
- 02/1962
- Data as of
- 06/2023
- EIN
- 16-0768758
Organization Overview
David Hochstein Memorial Music School Inc, operating under the name The Hochstein School, is located in Rochester, NY. The organization was established in 1962. 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, Hochstein School employed 161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hochstein 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 06/2023, Hochstein School generated $4.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $3.7m during the year ending 06/2023. While expenses have increased by 2.1% 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 PEOPLE OF ALL AGES, BACKGROUNDS, AND ABILITIES WITH ACCESS TO EXCELLENT MUSIC AND DANCE EDUCATION IN A COMMUNITY THAT NURTURES AND ENCOURAGES PERSONAL ACHIEVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC AND DANCE: 2,112 STUDENTS AGED INFANTS TO SENIOR CITIZENS WERE SERVED IN 36-WEEK SCHOOL YEAR AND 6-WEEK SUMMER SESSIONS, TAKING WEEKLY INDIVIDUAL LESSONS, MUSICIANSHIP AND DANCE CLASSES, VOCAL AND INSTRUMENTAL ENSEMBLES (CHAMBER MUSIC, CHOIRS, BANDS, JAZZ AND ROCK COMBOS, ORCHESTRAS), TO DEVELOP SKILLS AND KNOWLEDGE IN MUSIC AND DANCE. INSTRUCTION TOOK PLACE EITHER IN PERSON OR VIRTUALLY, AS NEEDED.
EXPRESSIVE ARTS (1,363 TOTAL SERVED): 98 CLIENTS WERE SERVED THROUGHOUT 36-WEEK SCHOOL YEAR AND 6-WEEK SUMMER SESSIONS ONSITE AND 1,265 CLIENTS IN 45 PROGRAM WEEKS AT COMMUNITY SITES; STUDENTS FROM PRESCHOOL TO SENIOR CITIZEN AGES PARTICIPATED IN WEEKLY INDIVIDUAL MUSIC, DANCE, AND/OR ART THERAPY SESSIONS AND/OR GROUP SESSIONS, TO DEVELOP COGNITIVE, PHYSICAL, SOCIAL, AND EMOTIONAL SKILLS CONTRIBUTING TO THEIR INDEPENDENCE AND QUALITY OF LIFE. CLIENTS WERE SERVED EITHER IN PERSON OR VIRTUALLY, AS NEEDED.
ROCMUSIC: FROM 2022-2023, THE ROCMUSIC PROGRAM, A COLLABORATIVE OF THE HOCHSTEIN SCHOOL, EASTMAN SCHOOL, EASTMAN COMMUNITY MUSIC SCHOOL, CITY OF ROCHESTER, ROCHESTER CITY SCHOOL DISTRICT, ROCHESTER PHILHARMONIC ORCHESTRA, AND GATEWAYS MUSIC FESTIVAL, SERVED 140 CITY OF ROCHESTER STUDENT RESIDENTS IN GRADES 1-12. ROCMUSIC PROVIDED FREE AFTER SCHOOL MUSIC INSTRUCTION AT FOUR DIFFERENT RECREATION CENTERS IN ROCHESTER, 20 OPPORTUNITIES FOR STUDENTS TO PERFORM IN THE COMMUNITY, AND ACCESS TO NUMEROUS ARTS AND CULTURAL EVENTS IN THE AREA. CLASSES INCLUDE INSTRUCTION ON STRING, BRASS, AND RHYTHM SECTION INSTRUMENTS. HOCHSTEIN SERVES AS THE FISCAL AGENT FOR THE ROCMUSIC COLLABORATIVE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Rachfal Director | Trustee | 1 | $0 |
Nancy Reale Chair | OfficerTrustee | 1.4 | $0 |
Jeffrey Wright Director | Trustee | 0.2 | $0 |
Christopher Shea Director | Trustee | 0.1 | $0 |
Mary Steblein Director | Trustee | 0.6 | $0 |
Jennifer Stenzel Director | Trustee | 0.9 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $11,000 |
| Membership dues | $0 |
| Fundraising events | $135,259 |
| Related organizations | $0 |
| Government grants | $599,837 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,358,326 |
| Noncash contributions included in lines 1a–1f | $54,180 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,104,422 |
| Total Program Service Revenue | $2,040,714 |
| Investment income | $103,948 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $116,660 |
| Net Gain/Loss on Asset Sales | -$8,768 |
| Net Income from Fundraising Events | -$13,292 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $75 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,370,404 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $340,515 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $162,416 |
| Compensation of current officers, directors, key employees. | $32,483 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,995,427 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $78,811 |
| Payroll taxes | $183,713 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,282 |
| Fees for services: Accounting | $19,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $29,300 |
| Fees for services: Investment Management | $27,316 |
| Fees for services: Other | $68,841 |
| Advertising and promotion | $57,406 |
| Office expenses | $99,628 |
| Information technology | $5,614 |
| Royalties | $0 |
| Occupancy | $311,761 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,303 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $231,792 |
| Insurance | $0 |
| All other expenses | $32,595 |
| Total functional expenses | $3,700,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,149 |
| Savings and temporary cash investments | $1,024,373 |
| Pledges and grants receivable | $645,857 |
| Accounts receivable, net | $41,881 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $637 |
| Prepaid expenses and deferred charges | $49,558 |
| Net Land, buildings, and equipment | $3,950,319 |
| Investments—publicly traded securities | $4,279,569 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $108,015 |
| Total assets | $10,188,358 |
| Accounts payable and accrued expenses | $144,881 |
| Grants payable | $0 |
| Deferred revenue | $42,430 |
| 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 | $0 |
| Other liabilities | $108,015 |
| Total liabilities | $295,326 |
| Net assets without donor restrictions | $7,398,505 |
| Net assets with donor restrictions | $2,494,527 |
| 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 | $10,188,358 |