Diller Quaile School Of Music Inc
Diller Quaile School Of Music shows stable finances with no reported executive compensation, despite fluctuating asset base.
EIN: 131843420 · New York, NY · NTEE: A6E0 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.4M |
| Program Spending | 80% |
| Net Assets | $8.0M |
| Transparency Score | 85/100 |
Is Diller Quaile School Of Music Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Diller Quaile School Of Music Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Diller Quaile School Of Music Inc
Diller Quaile School Of Music Inc (EIN: 131843420) is a nonprofit organization based in New York, NY, classified under NTEE code A6E0. The organization reported total revenue of $3.8M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Diller Quaile School Of Music Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Diller Quaile School Of Music Inc is a mid-size nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$895K |
| Total Assets | $8.5M |
| Total Liabilities | $508K |
| Net Assets | $8.0M |
| Operating Margin | 21.0% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 30.3 months |
Financial Health Grade: A
In 2023, Diller Quaile School Of Music Inc reported a surplus of $895K with revenue exceeding expenses, holds 30.3 months of operating reserves (strong position), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Diller Quaile School Of Music Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.1% | +5.2% | +12.3% |
| 2022 | +25.1% | +6.2% | -11.9% |
| 2021 | -16.5% | -31.6% | +7.3% |
| 2020 | -16.6% | +15.8% | -13.1% |
| 2019 | -3.2% | -1.2% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1959 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Diller Quaile School Of Music Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Diller Quaile School Of Music Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $895K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size and suggests a strong dedication to mission over executive pay.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Diller Quaile School Of Music Inc's IRS 990 filings:
- Significant decrease in total assets from 2016 to 2017 without clear explanation in provided data.
- Operational deficits in multiple years (e.g., 202006, 201906, 201806, 201706) where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Diller Quaile School Of Music Inc:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission.
- Healthy revenue surplus in the most recent filing (202306) of $895,304.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency and compliance.
- Assets consistently exceed liabilities, indicating financial stability.
Frequently Asked Questions about Diller Quaile School Of Music Inc
Is Diller Quaile School Of Music Inc a legitimate charity?
Diller Quaile School Of Music Inc (EIN: 131843420) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Diller Quaile School Of Music Inc spend its money?
Diller Quaile School Of Music Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Diller Quaile School Of Music Inc tax-deductible?
Diller Quaile School Of Music Inc is registered as a tax-exempt nonprofit (EIN: 131843420). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Diller Quaile School Of Music Inc's spending goes to programs?
Diller Quaile School Of Music Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Diller Quaile School Of Music Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Diller Quaile School Of Music Inc is above average for NTEE category A6E0 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Diller Quaile School Of Music Inc located?
Diller Quaile School Of Music Inc is headquartered in New York, New York and files with the IRS under EIN 131843420. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does Diller Quaile School Of Music Inc have?
Diller Quaile School Of Music Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.8M in total revenue.
Why did the organization's assets decrease from nearly $20 million in 2014-2016 to around $8-9 million in recent years?
The filings show a significant drop in assets from $19,841,513 in 201406 to $9,710,844 in 201706. This could be due to asset sales, significant capital expenditures, or reclassification of funds, and would require reviewing the full 990 forms for specific details.
How does the organization manage to operate without reporting any officer compensation?
The consistent 0% officer compensation across all filings suggests that executive leadership may be entirely volunteer-based, compensated through a related entity, or that compensation falls below reporting thresholds, which is uncommon for an organization with annual revenues exceeding $3 million.
What caused the significant expense spikes in 201706 ($4,655,857) and 202006 ($4,414,731) relative to revenue?
These spikes led to operational deficits and could be attributed to one-time capital projects, unexpected operational costs, or significant program expansions. A detailed review of the expense categories in those specific 990 forms would be necessary to identify the exact causes.
Filing History
IRS 990 filing history for Diller Quaile School Of Music Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Diller Quaile School Of Music Inc's revenue has declined by 2.8%, moving from $4.4M to $4.3M. Total assets decreased by 3.6% over the same period, from $8.8M to $8.5M. Total functional expenses fell by 7.9%, from $3.7M to $3.4M. In its most recent filing year (2023), Diller Quaile School Of Music Inc reported a surplus of $895K, with revenue exceeding expenses. The organization holds $508K in liabilities against $8.5M in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $3.4M | $8.5M | $508K | — | View 990 |
| 2022 | $3.1M | $3.2M | $7.6M | $525K | — | View 990 |
| 2021 | $2.5M | $3.0M | $8.6M | $838K | — | View 990 |
| 2020 | $3.0M | $4.4M | $8.0M | $760K | — | View 990 |
| 2019 | $3.6M | $3.8M | $9.2M | $613K | — | View 990 |
| 2018 | $3.7M | $3.9M | $9.3M | $548K | — | View 990 |
| 2017 | $1.8M | $4.7M | $9.7M | $762K | — | View 990 |
| 2016 | $4.9M | $4.6M | $19.8M | $8.4M | — | View 990 |
| 2015 | $4.6M | $4.4M | $19.6M | $8.4M | — | View 990 |
| 2014 | $6.1M | $4.4M | $19.8M | $8.7M | — | View 990 |
| 2013 | $4.3M | $3.9M | $10.1M | $1.1M | — | View 990 |
| 2012 | $4.3M | $3.8M | $9.3M | $1.1M | — | View 990 |
| 2011 | $4.4M | $3.7M | $8.8M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $3.4M, and assets of $8.5M (revenue +37.1% year-over-year).
- 2022: Revenue of $3.1M, expenses of $3.2M, and assets of $7.6M (revenue +25.1% year-over-year).
- 2021: Revenue of $2.5M, expenses of $3.0M, and assets of $8.6M (revenue -16.5% year-over-year).
- 2020: Revenue of $3.0M, expenses of $4.4M, and assets of $8.0M (revenue -16.6% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.8M, and assets of $9.2M (revenue -3.2% year-over-year).
- 2018: Revenue of $3.7M, expenses of $3.9M, and assets of $9.3M (revenue +108.0% year-over-year).
- 2017: Revenue of $1.8M, expenses of $4.7M, and assets of $9.7M (revenue -63.9% year-over-year).
- 2016: Revenue of $4.9M, expenses of $4.6M, and assets of $19.8M (revenue +6.5% year-over-year).
- 2015: Revenue of $4.6M, expenses of $4.4M, and assets of $19.6M (revenue -24.0% year-over-year).
- 2014: Revenue of $6.1M, expenses of $4.4M, and assets of $19.8M (revenue +41.6% year-over-year).
- 2013: Revenue of $4.3M, expenses of $3.9M, and assets of $10.1M (revenue +0.3% year-over-year).
- 2012: Revenue of $4.3M, expenses of $3.8M, and assets of $9.3M (revenue -2.6% year-over-year).
- 2011: Revenue of $4.4M, expenses of $3.7M, and assets of $8.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Diller Quaile School Of Music Inc:
Data Sources and Methodology
This transparency report for Diller Quaile School Of Music Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.