Concordia Conservatory
- Assets
- $4.2m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 74
- Location
- Bronxville, NY
- Founding
- Data as of
- 12/2023
- EIN
- 87-1379215
Organization Overview
Concordia Conservatory is located in Bronxville, NY. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Concordia Conservatory employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concordia Conservatory 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 12/2023, Concordia Conservatory generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $2.3m during the year ending 12/2023. 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 INSPIRE, INSTRUCT AND ENRICH LIVES THROUGH MUSIC EDUCATION AND PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1) MUSIC EDUCATION: STAFFED WITH HIGHLY ACCOMPLISHED FACULTY OF TEACHING AND PERFORMING ARTISTS, OFFERINGS INCLUDE PRIVATE MUSIC INSTRUCTION IN ALL INSTRUMENTS INCLUDING VOICE, GROUP AND CHAMBER MUSIC, MUSIC THEORY, EAR-TRAINING, COMPOSITION AND SONG WRITING, MUSIC AND ART THERAPY, MUSICAL THEATRE CLASSES, AN ANNUAL TUITION FREE HOLIDAY MUSICAL THEATRE PRODUCTION, EARLY CHILDHOOD MUSIC CLASSES, AND SUMMER CAMPS, CONCERT SERIES AND AN HONORS ACADEMY (PRE-COLLEGE) PROGRAM. CONCORDIA CONSERVATORY'S EXEMPLARY PROGRAMS EMBRACE VITALITY AND THE DEVELOPMENT OF ARTISTRY AT EVERY AGE, PHASE, AND LEVEL AND ARE DEDICATED TO HELPING EACH STUDENT REALIZE HIS OR HER FULL POTENTIAL. THE DIVERSE FACULTY OF 40 AND STUDENT POPULATION ENROLLMENT OF 1,000 STUDENTS OF ALL AGES REPRESENT OVER 20 COUNTRIES. 2) THE CONSERVATORY BRINGS MUSICAL PEFORMANCE TO ENRICH THE COMMUNITY'S CULTURAL LIFE. COMMUNITY PROGRAMS INCLUDE THE HOCH CHAMBER MUSIC SERIES, THE CONSERVATORY'S ANNUAL TUITION FREE HOLIDAY COMMUNITY MUSICAL, MORE THAN MUSIC FACULTY SERIES, THE UNIQUE SERIES FOR SPECIAL LEARNERS AND THE MUSICAL ADVENTURES FAMILY SERIES.3) THE CONSERVATORY ADMINISTERS SCHOLARSHIP AND MUSIC OUTREACH IN THE COMMUNITY TO VARIOUS POPULATIONS IN THE COMMUNITIES OF WHICH THEY SERVE. UNDERSERVED YOUTH AND EARLY CHILDHOOD PROGRAMS, TO INDIVIDUAL SCHOLARSHIP PROGRAMS FOR STUDENTSWITH FINANCIAL NEED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Suss President/executive Direct | OfficerTrustee | 40 | $179,408 |
Melinda Magnani Director/secretary | OfficerTrustee | 40 | $116,041 |
Jason Wooten Treasurer | OfficerTrustee | 1 | $0 |
Zlata Gleason Vice President | OfficerTrustee | 1 | $0 |
Harris Hwang Director | Trustee | 1 | $0 |
Yoko Gingery Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Iona University Rent And Cleaning | 12/30/23 | $107,270 |
Alan Weiss Productions Inc Production | 12/30/23 | $100,630 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $380,215 |
| Noncash contributions included in lines 1a–1f | $10,169 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $380,215 |
| Total Program Service Revenue | $1,570,325 |
| Investment income | $33,927 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$42,619 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,302,806 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $84,721 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $295,449 |
| Compensation of current officers, directors, key employees. | $70,694 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $892,404 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,671 |
| Payroll taxes | $101,803 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $149,526 |
| Advertising and promotion | $143,487 |
| Office expenses | $26,944 |
| Information technology | $44,481 |
| Royalties | $0 |
| Occupancy | $159,444 |
| Travel | $28,371 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $113,202 |
| Insurance | $35,680 |
| All other expenses | $17,938 |
| Total functional expenses | $2,347,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,115 |
| Savings and temporary cash investments | $911,554 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $113,878 |
| 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 | $41,879 |
| Net Land, buildings, and equipment | $533,038 |
| Investments—publicly traded securities | $2,025,626 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $546,930 |
| Total assets | $4,239,020 |
| Accounts payable and accrued expenses | $120,203 |
| Grants payable | $0 |
| Deferred revenue | $100,350 |
| 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 | $548,681 |
| Total liabilities | $769,234 |
| Net assets without donor restrictions | $2,031,822 |
| Net assets with donor restrictions | $1,437,964 |
| 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 | $4,239,020 |