Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance
Elaine Kaufman Cultural Center reports fluctuating revenues and expenses, maintaining substantial assets with no officer compensation.
EIN: 131991118 · New York, NY · NTEE: A6E0 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.4M |
| Total Expenses | $10.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $29.5M |
| Transparency Score | 85/100 |
Is Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance
Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance (EIN: 131991118) is a nonprofit organization based in New York, NY, classified under NTEE code A6E0. The organization reported total revenue of $15.4M and total assets of $33.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance is a large nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.7M |
| Total Expenses | $10.2M |
| Surplus / Deficit | $-1,469,141 |
| Total Assets | $31.0M |
| Total Liabilities | $1.5M |
| Net Assets | $29.5M |
| Operating Margin | -16.9% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 36.6 months |
Financial Health Grade: B
In 2023, Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance reported a deficit of $1.5M with expenses exceeding revenue, holds 36.6 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.4% | +4.2% | -2.4% |
| 2022 | +116.5% | +12.9% | +17.2% |
| 2021 | -22.2% | -6.9% | +16.5% |
| 2020 | +18.2% | -7.3% | +4.8% |
| 2019 | +4.8% | +1.5% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1964 |
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 Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance 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, Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance 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 deficit of $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with assets exceeding $30 million and annual revenues often above $8 million, suggesting either volunteer leadership or compensation is covered by a related entity.
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 Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $18.2M in 202208 vs. $8.6M in 202308).
- Consistent operational deficits in multiple years (e.g., 202308, 202108, 201908, 201808, 201708, 201608, 201508, 201408) where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance:
- Strong asset base, consistently above $22 million, providing financial stability.
- Consistently low liabilities relative to assets, indicating good financial management.
- Zero reported officer compensation across all filings, suggesting a strong commitment to directing funds to mission.
- Demonstrated ability to generate significant revenue, with a peak of over $18 million in 202208.
Frequently Asked Questions about Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance
Is Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance a legitimate charity?
Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance (EIN: 131991118) 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: $15.4M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance spend its money?
Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance tax-deductible?
Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance is registered as a tax-exempt nonprofit (EIN: 131991118). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance CEO make?
Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance's highest-compensated officer earns $30 annually. The organization reported $15.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance's spending goes to programs?
Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance 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 Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance located?
Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance is headquartered in New York, New York and files with the IRS under EIN 131991118. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance have?
Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance 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 $15.4M in total revenue.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this size. It suggests that either the leadership is entirely volunteer-based, or their compensation is paid by a related entity and not directly by the Elaine Kaufman Cultural Center, which would warrant further investigation for full transparency.
What caused the significant revenue spike in 202208 to $18,262,394?
The revenue spike in 202208 to $18,262,394, nearly double the revenue of surrounding years, is a notable anomaly. Understanding the source of this increase (e.g., a large one-time donation, a successful capital campaign, or a significant grant) would provide better insight into the organization's financial sustainability and fundraising capabilities.
How does the organization manage to operate with 0% officer compensation?
Operating an organization with over $30 million in assets and significant annual expenses without direct officer compensation is uncommon. This could imply a highly dedicated volunteer board, or that key leadership roles are compensated through other means or entities, which would be important to clarify for a complete financial picture.
Filing History
IRS 990 filing history for Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance's revenue has grown by 17.1%, moving from $7.4M to $8.7M. Total assets increased by 6.4% over the same period, from $29.1M to $31.0M. Total functional expenses rose by 46.7%, from $6.9M to $10.2M. In its most recent filing year (2023), Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $31.0M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $29.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.7M | $10.2M | $31.0M | $1.5M | — | View 990 |
| 2022 | $18.3M | $9.8M | $31.7M | $1.5M | — | View 990 |
| 2021 | $8.4M | $8.6M | $27.1M | $3.6M | — | View 990 |
| 2020 | $10.8M | $9.3M | $23.2M | $780K | — | View 990 |
| 2019 | $9.2M | $10.0M | $22.2M | $1.2M | — | View 990 |
| 2018 | $8.8M | $9.9M | $23.1M | $1.2M | — | View 990 |
| 2017 | $8.5M | $9.5M | $24.2M | $1.2M | — | View 990 |
| 2016 | $8.9M | $9.3M | $25.4M | $1.3M | — | View 990 |
| 2015 | $7.2M | $9.0M | $25.5M | $1.2M | — | View 990 |
| 2014 | $7.7M | $8.7M | $27.6M | $1.3M | — | View 990 |
| 2013 | $7.8M | $7.9M | $28.1M | $1.2M | — | View 990 |
| 2012 | $6.4M | $7.8M | $27.9M | $1.1M | — | View 990 |
| 2011 | $7.4M | $6.9M | $29.1M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.7M, expenses of $10.2M, and assets of $31.0M (revenue -52.4% year-over-year).
- 2022: Revenue of $18.3M, expenses of $9.8M, and assets of $31.7M (revenue +116.5% year-over-year).
- 2021: Revenue of $8.4M, expenses of $8.6M, and assets of $27.1M (revenue -22.2% year-over-year).
- 2020: Revenue of $10.8M, expenses of $9.3M, and assets of $23.2M (revenue +18.2% year-over-year).
- 2019: Revenue of $9.2M, expenses of $10.0M, and assets of $22.2M (revenue +4.8% year-over-year).
- 2018: Revenue of $8.8M, expenses of $9.9M, and assets of $23.1M (revenue +3.5% year-over-year).
- 2017: Revenue of $8.5M, expenses of $9.5M, and assets of $24.2M (revenue -5.4% year-over-year).
- 2016: Revenue of $8.9M, expenses of $9.3M, and assets of $25.4M (revenue +23.8% year-over-year).
- 2015: Revenue of $7.2M, expenses of $9.0M, and assets of $25.5M (revenue -6.3% year-over-year).
- 2014: Revenue of $7.7M, expenses of $8.7M, and assets of $27.6M (revenue -0.6% year-over-year).
- 2013: Revenue of $7.8M, expenses of $7.9M, and assets of $28.1M (revenue +22.0% year-over-year).
- 2012: Revenue of $6.4M, expenses of $7.8M, and assets of $27.9M (revenue -14.5% year-over-year).
- 2011: Revenue of $7.4M, expenses of $6.9M, and assets of $29.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance:
Data Sources and Methodology
This transparency report for Elaine Kaufman Cultural Center Lucy Moses School For Music And Dance 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.