MANHATTAN SCHOOL OF MUSIC

EIN: 131656667 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$75,485,674
Total Expenses
$72,058,708
Total Assets
$109,153,715
Net Assets
$81,752,817
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1920
Legal Domicile
NY
Phone
2127492802
Tax Period
2022-07-01 to 2023-06-30

MANHATTAN SCHOOL OF MUSIC, founded in 1920, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $75.5M in total revenue in fiscal year 2022. Expenses of $72.1M left a modest 5% surplus.

Mission

MANHATTAN SCHOOL OF MUSIC IS DEEPLY COMMITTED TO EXCELLENCE IN EDUCATION, PERFORMANCE, AND CREATIVE ACTIVITY; TO THE HUMANITY OF THE SCHOOL'S ENVIRONMENT; AND TO THE CULTURAL ENRICHMENT OF THE LARGER COMMUNITY. A PREMIERE INTERNATIONAL CONSERVATORY, MSM INSPIRES AND EMPOWERS HIGHLY TALENTED INDIVIDUALS TO REALIZE THEIR POTENTIAL. WE TAKE FULL ADVANTAGE OF NEW YORK'S ABUNDANT LEARNING AND PERFORMANCE OPPORTUNITIES, PREPARING OUR STUDENTS TO BE ACCOMPLISHED AND PASSIONATE PERFORMERS, COMPOSERS AND TEACHERS, AND IMAGINATIVE, EFFECTIVE CONTRIBUTORS TO THE ARTS AND SOCIETY.

Program Service Accomplishments

Program 1
Expenses: $56,693,738 Revenue: $61,781,576

UNDERGRADUATE AND GRADUATE PROGRAMS - MANHATTAN SCHOOL OF MUSIC OFFERS THE FOLLOWING DEGREES, DIPLOMAS AND CERTIFICATES: BACHELOR OF MUSIC (VOICE, INSTRUMENTAL PERFORMANCE, JAZZ PERFORMANCE...

Read more

UNDERGRADUATE AND GRADUATE PROGRAMS - MANHATTAN SCHOOL OF MUSIC OFFERS THE FOLLOWING DEGREES, DIPLOMAS AND CERTIFICATES: BACHELOR OF MUSIC (VOICE, INSTRUMENTAL PERFORMANCE, JAZZ PERFORMANCE, CLASSICAL COMPOSITION, AND MUSICAL THEATRE); MASTER OF MUSIC (VOICE, INSTRUMENTAL PERFORMANCE, JAZZ PERFORMANCE, JAZZ COMPOSITION, CLASSICAL COMPOSITION, CONDUCTING, ORGAN, COLLABORATIVE PIANO, ORCHESTRAL PERFORMANCE, AND CONTEMPORARY PERFORMANCE); DOCTOR OF MUSICAL ARTS (VOICE, INSTRUMENTAL PERFORMANCE, JAZZ PERFORMANCE, JAZZ COMPOSITION, CLASSICAL COMPOSITION, INSTRUMENTAL CONDUCTING, ORGAN, AND COLLABORATIVE PIANO); PROFESSIONAL STUDIES CERTIFICATE, PROFESSIONAL PERFORMANCE DIPLOMA, AND ARTIST DIPLOMA.

Program 2
Expenses: $3,477,076 Revenue: $5,777,088

PRECOLLEGE PROGRAM - A HIGHLY COMPETITIVE AND PRE-PROFESSIONAL SATURDAY MUSIC PROGRAM DEDICATED TO THE MUSICAL AND PERSONAL GROWTH OF TALENTED YOUNG MUSICIANS AGES 5-18. THE PRECOLLEGE ENROLLS...

Read more

PRECOLLEGE PROGRAM - A HIGHLY COMPETITIVE AND PRE-PROFESSIONAL SATURDAY MUSIC PROGRAM DEDICATED TO THE MUSICAL AND PERSONAL GROWTH OF TALENTED YOUNG MUSICIANS AGES 5-18. THE PRECOLLEGE ENROLLS APPROXIMATELY 500 STUDENTS FROM AROUND THE TRI-STATE AREA AND BEYOND, UNDER THE GUIDANCE OF ARTIST TEACHERS. A TYPICAL PROGRAM OF STUDY INCLUDES A 60-MINUTE PRIVATE LESSON, CLASSES IN THEORY AND EAR TRAINING, PERFORMANCE CLASSES INCLUDING LARGE AND SMALL ENSEMBLES, AND VARIOUS ELECTIVE CLASSES. THE PRECOLLEGE PROGRAM HAS FOUR ORCHESTRAS, THREE CHOIRS, AND NUMEROUS CHAMBER ENSEMBLES AND JAZZ ENSEMBLES.

Program 3
Expenses: $1,174,479 Revenue: $941,850

SUMMER PROGRAMS - MANHATTAN SCHOOL OF MUSIC OFFERS STUDENTS SUMMER MUSIC PROGRAMS WHICH ARE UNIQUE IN NEW YORK CITY AND AT THE CONSERVATORY LEVEL NATIONWIDE. SUMMER ENGLISH STUDY (SES) IS A...

Read more

SUMMER PROGRAMS - MANHATTAN SCHOOL OF MUSIC OFFERS STUDENTS SUMMER MUSIC PROGRAMS WHICH ARE UNIQUE IN NEW YORK CITY AND AT THE CONSERVATORY LEVEL NATIONWIDE. SUMMER ENGLISH STUDY (SES) IS A SEVEN-WEEK IMMERSION PROGRAM ESPECIALLY DESIGNED FOR STUDENTS ENTERING MSM IN THE FOLLOWING FALL SEMESTER. THROUGH INTENSIVE STUDY AND INTERACTIONS WITH OTHER STUDENTS WHO ARE FLUENT IN ENGLISH, SES PARTICIPANTS PREPARE FOR MUSIC-SPECIFIC COURSEWORK AS THEY ACCLIMATE MORE GENERALLY TO AMERICAN CULTURE AND TO LIFE IN NEW YORK CITY. MSM SUMMER - SET ON A COLLEGE CAMPUS IN THE HEART OF NEW YORK CITY - IS A MONTH-LONG DAY PROGRAM THAT PROVIDES INTENSIVE MUSICAL INSTRUCTION IN MUSICAL THEATER, COMPOSITION, AND INSTRUMENTAL MUSIC FOR STUDENTS (AGES 8-17). STUDENTS WILL DEVELOP THEIR MUSICAL SKILLS AND JOIN A COMMUNITY OF YOUNG MUSICIANS THROUGH A WIDE VARIETY OF MUSICAL AND SOCIAL ACTIVITIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $4,554,958
Program Service Revenue $68,498,824
Investment Income $1,567,202
Other Revenue $864,690
TOTAL REVENUE $75,485,674

Expense Breakdown

Grants Paid $22,065,386
Salaries & Benefits $32,072,234
Fundraising Expenses $1,209,606
Program Expenses $62,162,944
Other Expenses $17,921,088
TOTAL EXPENSES $72,058,708

Year-over-Year Comparison

2022 2021 Change
Revenue $75,485,674 $72,520,806 +0.0%
Expenses $72,058,708 $66,385,344 +0.1%
Net Income $3,426,966 $6,135,462 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
23
Independent Members
19
Employees
1423
Volunteers
19

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
$1,052,623
Total Directors
23
$963,644
Key Employees
5
$1,327,317
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE, VICE CHAIR 1.0
Officer Director
$0 $0 $0
N/A TRUSTEE, TREASURER 1.0
Officer Director
$0 $0 $0
N/A TRUSTEE, EX-OFFICIO, SCHOOL PRESIDENT 45.0
Officer Director
$488,930 $212,030 $700,960
N/A TRUSTEE, CHAIR 1.5
Officer Director
$0 $0 $0
N/A TRUSTEE, SECRETARY 1.0
Officer Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE, FACULTY 35.0
Director
$58,639 $39,448 $98,087
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$10,000 $0 $10,000
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE, FACULTY 35.0
Director
$95,829 $58,768 $154,597
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE 0.5
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A SENIOR VICE PRESIDENT AND INTERIM CFO (UNTIL 06/30/23) 45.0
Officer
$0 $0 $0
N/A SENIOR VICE PRESIDENT AND CFO (BEGAN 06/15/23) 35.0
Officer
$0 $0 $0
N/A SENIOR VICE PRESIDENT AND CFO (UNTIL 1/31/23) 35.0
Officer
$314,661 $37,002 $351,663
N/A VICE PRESIDENT FOR ADMINISTRATION AND HUMAN RELATIONS 35.0
Key Emp
$168,228 $34,371 $202,599
N/A VICE PRESIDENT FOR MEDIA AND COMMUNICATIONS 35.0
Key Emp
$165,193 $48,506 $213,699
N/A EXECUTIVE VICE PRESIDENT AND PROVOST 45.0
Key Emp
$280,830 $36,228 $317,058
N/A VICE PRESIDENT FOR ENROLLMENT SERVICES 35.0
Key Emp
$217,885 $40,224 $258,109
N/A VICE PRESIDENT FOR ADVANCEMENT 35.0
Key Emp
$298,785 $37,067 $335,852
N/A DEAN OF VOCAL ARTS 35.0
Highest
$181,245 $26,598 $207,843
N/A FACULTY 35.0
Highest
$181,498 $46,557 $228,055
N/A DEAN OF JAZZ ARTS 35.0
Highest
$147,172 $45,750 $192,922
N/A DEAN OF MUSICAL THEATRE 35.0
Highest
$159,375 $28,741 $188,116
N/A DEAN OF PERFORMANCE AND PRODUCTION OPERATIONS 35.0
Highest
$147,128 $36,536 $183,664
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 No data No data No data No data
2024 No data No data No data No data
2023 $75,485,674 $72,058,708 $109,153,715 $3,426,966
2022 $72,520,806 $66,385,344 $105,549,493 $6,135,462
2021 $63,876,459 $58,511,188 $110,734,113 $5,365,271
2020 $62,350,013 $61,549,496 $105,386,278 $800,517
2019 $68,728,197 $61,993,183 $110,314,806 $6,735,014
2018 $64,053,293 $59,581,789 $99,466,542 $4,471,504
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MANHATTAN SCHOOL OF MUSIC with other nonprofits in New York and across the country.