NEIGHBORHOOD MUSIC SCHOOL INC

EIN: 060662152 501(c)(3) Arts, Culture & Humanities

NEW HAVEN, CT

Total Revenue
$5,743,653
Total Expenses
$5,115,596
Total Assets
$11,060,567
Net Assets
$6,111,713
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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
CT
Principal Officer
NOAH BLOOM
Phone
2036245189
Tax Period
2024-07-01 to 2025-06-30

NEIGHBORHOOD MUSIC SCHOOL INC, founded in 1966, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.7M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $5.1M left a modest 11% surplus.

Mission

THE MISSION OF NEIGHBORHOOD MUSIC SCHOOL IS TO DEEPEN THE HUMAN EXPERIENCE AND BUILD CONNECTIONS THROUGH THE LEARNING, PRACTICE, AND PRESENTATION OF THE PERFORMING ARTS.

Program Service Accomplishments

Program 1
Expenses: $2,637,453 Revenue: $2,329,703

NMS OFFERS LESSONS, CLASSES, AND ENSEMBLES IN MUSIC, DANCE, DRAMA AND FILM, SERVING NEARLY 2,500 STUDENTS AGES 6 MOS. TO 100+ FROM 80 TOWNS AND CITIES ACROSS THE STATE. THESE ACTIVITIES COMBINE HIGH...

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NMS OFFERS LESSONS, CLASSES, AND ENSEMBLES IN MUSIC, DANCE, DRAMA AND FILM, SERVING NEARLY 2,500 STUDENTS AGES 6 MOS. TO 100+ FROM 80 TOWNS AND CITIES ACROSS THE STATE. THESE ACTIVITIES COMBINE HIGH QUALITY ARTISTIC TRAINING WITH THE DEVELOPMENT OF LIFE SKILLS, WHILE BUILDING A DIVERSE COMMUNITY OF PEOPLE FROM DIFFERENT RACES, BACKGROUNDS, ECONOMIC MEANS AND LEARNING STYLES. POPULAR PROGRAMMING INCLUDES EARLY CHILDHOOD MUSIC AND MOVEMENT, SUZUKI MUSIC CLASSES, ONE-ON-ONE MUSIC LESSONS, MEET THE PIANO, THE GREATER NEW HAVEN YOUTH SYMPHONY, CHAMBER MUSIC ENSEMBLES, MULTIPLE STYLES OF CHORUS', PREMIER ENSEMBLES, COLLABORATIVE CHOREOGRAPHY DANCE, YOUNG ARTIST DIPLOMA PROGRAM, DANCE FOR PD(R), STEEL PANS AND SO MUCH MORE. ACTIVITIES RUN SEP-JUNE.

Program 2
Expenses: $768,061 Revenue: $696,960

NMS OFFERS TWO FULL-DAY PRIMARY SCHOOLING EXPERIENCES. THE PRESCHOOL AND TODDLER PROGRAM AT NMS OFFERS CHILDREN AGES TWO THROUGH FIVE A STATE-LICENSED, ARTS-BASED PRESCHOOL EXPERIENCE. YOUNG CHILDREN...

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NMS OFFERS TWO FULL-DAY PRIMARY SCHOOLING EXPERIENCES. THE PRESCHOOL AND TODDLER PROGRAM AT NMS OFFERS CHILDREN AGES TWO THROUGH FIVE A STATE-LICENSED, ARTS-BASED PRESCHOOL EXPERIENCE. YOUNG CHILDREN ARE NATURAL EXPLORERS, LEARNERS, AND CREATIVE THINKERS, AND THE ARTS ARE THE PERFECT VEHICLE FOR THEM TO EXPERIENCE AND UNDERSTAND THE WORLD AROUND THEM. AT ATLAS MIDDLE SCHOOL, 7TH AND 8TH GRADER STUDENTS DIRECT THEIR OWN LEARNING BY RUNNING ALL ASPECTS OF A THEATRE COMPANY, USING THE THEATRICAL PROCESS TO EXPLORE ESSENTIAL QUESTIONS IN LITERATURE, SCIENCE, HISTORY, MATH AND BEYOND.

Program 3
Expenses: $345,406 Revenue: $461,678

NMS OFFERS A WIDE VARIETY OF COMPREHENSIVE SUMMER PROGRAMMING, INCLUDING AUDUBON ARTS (FOCUSED ON MUSICAL THEATER) AND SUMMER JAZZ. IN ADDITION NMS OFFERS PERFORMING ARTS LESSONS, CLASSES AND...

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NMS OFFERS A WIDE VARIETY OF COMPREHENSIVE SUMMER PROGRAMMING, INCLUDING AUDUBON ARTS (FOCUSED ON MUSICAL THEATER) AND SUMMER JAZZ. IN ADDITION NMS OFFERS PERFORMING ARTS LESSONS, CLASSES AND ENSEMBLES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,732,153
Program Service Revenue $3,485,610
Investment Income $492,378
Other Revenue $33,512
TOTAL REVENUE $5,743,653

Expense Breakdown

Grants Paid $419,722
Salaries & Benefits $3,484,779
Fundraising Expenses $187,356
Program Expenses $3,750,920
Other Expenses $1,211,095
TOTAL EXPENSES $5,115,596

Year-over-Year Comparison

2024 2023 Change
Revenue $5,743,653 $5,162,749 +0.1%
Expenses $5,115,596 $4,987,226 +0.0%
Net Income $628,057 $175,523 +2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
176
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$133,450
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMITY DOOLITTLE BOARD CHAIR 5.00
Officer Director
$0 $0 $0
ALBERT LEE DEVELOPMENT COMMITTEE CO CHAIR 2.00
Officer Director
$0 $0 $0
ALEXIS SMITH DEVELOPMENT COMMITTEE CO CHAIR 2.00
Officer Director
$0 $0 $0
DIANE BROWN DIRECTOR 1.50
Director
$0 $0 $0
BERNADETTE HUANG DIRECTOR 1.50
Director
$0 $0 $0
STEVEN R LATHAM DIRECTOR 1.50
Director
$0 $0 $0
GREGORY P MUCCILLI DIRECTOR 1.50
Director
$0 $0 $0
KATHRIN DAY LASSILA DIRECTOR 1.50
Director
$0 $0 $0
KRISTEN NWANYANANWU DIRECTOR 1.50
Director
$0 $0 $0
NEAL DELAURENTIS DIRECTOR 1.50
Director
$0 $0 $0
DEBORAH FISCHER TEASON DIRECTOR 1.50
Director
$0 $0 $0
MELISSA SCHEVE GOVERNANCE COMMITTEE CO CHAIR 2.00
Officer Director
$0 $0 $0
ALAN H BOWIE JR GOVERNANCE COMMITTEE CO CHAIR 2.00
Officer Director
$0 $0 $0
JUDY OFFUTT SECRETARY 2.00
Officer Director
$0 $0 $0
DAVID SOPER TREASURER 2.00
Officer Director
$0 $0 $0
NOAH BLOOM EXECUTIVE DIRECTOR 60.00
Officer
$130,738 $2,712 $133,450
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,743,653 $5,115,596 $11,060,567 $628,057
2024 $5,162,749 $4,987,226 $10,792,346 $175,523
2023 $4,663,212 $4,681,410 $8,470,641 $-18,198
2022 $5,408,099 $4,139,825 $8,041,622 $1,268,274
2021 $4,178,613 $3,814,299 $7,654,853 $364,314
2020 $4,761,658 $4,703,544 $5,771,252 $58,114
2019 $4,349,583 $4,966,144 $5,544,964 $-616,561
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