NEW YORK CONSERVATORY OF MUSIC INC

EIN: 061608238 501(c)(3) Education

NEW YORK, NY

Total Revenue
$431,531
Total Expenses
$427,454
Total Assets
$28,213
Net Assets
$28,213
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NY
Principal Officer
JERZY STRYJNIAK
Phone
2127179590
Tax Period
2023-01-01 to 2023-12-31

NEW YORK CONSERVATORY OF MUSIC INC, founded in 2000, is a small nonprofit in the Education sector that reported $432K in total revenue in fiscal year 2023.

Mission

PROVIDE MUSIC LESSONS AND EDUCATION OF MUSIC AND ADMINISTER SCHOLARSHIPS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $25,900
Program Service Revenue $405,631
Investment Income $0
Other Revenue $0
TOTAL REVENUE $431,531

Expense Breakdown

Grants Paid $0
Salaries & Benefits $198,511
Fundraising Expenses $24,134
Program Expenses $385,115
Other Expenses $228,943
TOTAL EXPENSES $427,454

Year-over-Year Comparison

2023 2022 Change
Revenue $431,531 $402,507 +0.1%
Expenses $427,454 $447,951 0.0%
Net Income $4,077 $-45,444 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERZY STRYJNIAK PRESIDENT N/A
Officer
$0 $0 $0
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
2024 No data No data No data No data
2023 $431,531 $427,454 $28,213 $4,077
2022 $402,507 $447,951 $24,136 $-45,444
2021 $285,641 $237,595 $69,580 $48,046
2020 $263,572 $215,935 $21,534 $47,637
2019 $356,665 $325,593 $91,049 $31,072
2018 $382,129 $366,218 $159,977 $15,911
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