BARENBOIM-SAID FOUNDATION (USA)

EIN: 562468453 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$216,233
Total Expenses
$253,803
Total Assets
$516,994
Net Assets
$471,305
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
DE
Principal Officer
THOMAS CASSERLY
Phone
2126626004
Tax Period
2024-01-01 to 2024-12-31

BARENBOIM-SAID FOUNDATION (USA), founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $216K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $254K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROMOTE COEXISTENCE AND INTERACTION AMONGST CULTURES THROUGH MUSIC AND MUSIC EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $215,886
Program Service Revenue $0
Investment Income $347
Other Revenue $0
TOTAL REVENUE $216,233

Expense Breakdown

Grants Paid $62,300
Salaries & Benefits $113,251
Fundraising Expenses $57,997
Program Expenses $145,955
Other Expenses $78,252
TOTAL EXPENSES $253,803

Year-over-Year Comparison

2024 2023 Change
Revenue $216,233 $266,549 -0.2%
Expenses $253,803 $317,000 -0.2%
Net Income $-37,570 $-50,451 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
14

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
5
$91,667
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL BARENBOIM PRESIDENT 0.30
Officer Director
$0 $0 $0
MARIAM C SAID VICE PRESIDENT 15.00
Officer Director
$0 $0 $0
ANGEL COLLADO SCHWARZ VICE PRESIDENT 0.30
Officer Director
$0 $0 $0
NAZEEH HABACHY SECRETARY & TREASURER 0.30
Officer Director
$0 $0 $0
SALEEM ABBOUD ASHKAR DIRECTOR 0.30
Director
$0 $0 $0
HON LAKHDAR BRAHIMI DIRECTOR 0.30
Director
$0 $0 $0
RICHARD A DEBS DIRECTOR THRU JAN 2024 0.30
Director
$0 $0 $0
DAVID V FOSTER DIRECTOR 0.30
Director
$0 $0 $0
NICOLE FOSTER DIRECTOR 0.30
Director
$0 $0 $0
ZARIN MEHTA DIRECTOR 0.30
Director
$0 $0 $0
KAREEM ROUSTOM DIRECTOR 0.30
Director
$0 $0 $0
WADIE E SAID DIRECTOR 0.30
Director
$0 $0 $0
MICHAEL P STEINBERG DIRECTOR 0.30
Director
$0 $0 $0
THOMAS CASSERLY EXECUTIVE DIRECTOR 40.00
Officer
$91,667 $0 $91,667
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 $216,233 $253,803 $516,994 $-37,570
2023 $266,549 $317,000 $546,539 $-50,451
2022 $331,458 $204,696 $596,810 $126,762
2021 $94,994 $182,741 $492,075 $-87,747
2020 $206,425 $230,959 $541,185 $-24,534
2019 $277,032 $135,943 $560,576 $141,089
2018 $646,485 $731,210 $920,524 $-84,725
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