Friends Of The Mozartina Musical Arts Conservatory Inc

Friends Of The Mozartina Musical Arts Conservatory Inc maintains multi-million dollar revenues with no reported officer compensation.

EIN: 133020574 · Tarrytown, NY · NTEE: A6E0 · Updated: 2026-03-28

$5.2MRevenue

$5.1MAssets

85/100Mission Score (Excellent)

A6E0

About Friends Of The Mozartina Musical Arts Conservatory Inc

Friends Of The Mozartina Musical Arts Conservatory Inc (EIN: 133020574) is a nonprofit organization based in Tarrytown, NY, classified under NTEE code A6E0. The organization reported total revenue of $5.2M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Mozartina Musical Arts Conservatory Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Friends Of The Mozartina Musical Arts Conservatory Inc demonstrates a generally stable financial position over the past decade, with revenues consistently in the multi-million dollar range. While there have been fluctuations, such as a dip in revenue in 2021 to $2,650,421 followed by a recovery to $4,249,733 in 2022, the organization appears to manage its expenses in line with its income. For instance, in 2023, expenses of $3,931,986 were slightly higher than revenue of $3,779,287, indicating a minor deficit for that period, but this is not a consistent trend.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing overhead in this specific area, which is a positive indicator for donor confidence. The asset base has grown significantly over the years, from $2,628,577 in 2017 to $5,241,442 in 2023, indicating good financial stewardship and accumulation of resources.

Transparency regarding executive compensation is excellent, with no reported officer compensation. However, without further details on the allocation of expenses (e.g., program vs. administrative), a complete picture of spending efficiency and overall transparency is limited. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and public disclosure.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of The Mozartina Musical Arts Conservatory 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: 75%
fundraising: 10%

According to IRS 990 filings, Friends Of The Mozartina Musical Arts Conservatory Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is a strong positive for minimizing administrative overhead.

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.

Strengths

The following positive indicators were identified for Friends Of The Mozartina Musical Arts Conservatory Inc:

Consistent multi-million dollar revenue stream, demonstrating strong fundraising or operational capacity.
Zero reported officer compensation across all filings, indicating a commitment to minimizing executive overhead.
Significant growth in assets from $2,628,577 in 2017 to $5,241,442 in 2023, reflecting sound financial management.
Consistent filing of IRS Form 990s over 13 periods, indicating good regulatory compliance and transparency.

Frequently Asked Questions about Friends Of The Mozartina Musical Arts Conservatory Inc

Is Friends Of The Mozartina Musical Arts Conservatory Inc financially stable?

Yes, the organization appears financially stable, consistently generating multi-million dollar revenues and growing its asset base from $2,628,577 in 2017 to $5,241,442 in 2023. While there are minor year-to-year fluctuations, the overall trend is positive.

How does the organization manage executive compensation?

The organization reports 0% officer compensation in all available IRS 990 filings, indicating that no compensation is paid to its officers.

Has the organization's revenue been consistent?

Revenue has fluctuated but generally remained strong, ranging from a low of $2,650,421 in 2021 to a high of $4,249,733 in 2022 within the last few years, demonstrating resilience.

What is the trend in the organization's assets?

The organization's assets have shown significant growth, increasing from $2,628,577 in 2017 to $5,241,442 in 2023, indicating healthy financial growth and resource accumulation.

Filing History

IRS 990 filing history for Friends Of The Mozartina Musical Arts Conservatory Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Friends Of The Mozartina Musical Arts Conservatory Inc's revenue has grown by 38.1%, moving from $2.7M to $3.8M. Total assets increased by 99.1% over the same period, from $2.6M to $5.2M. Total functional expenses rose by 51.3%, from $2.6M to $3.9M. In its most recent filing year (2023), Friends Of The Mozartina Musical Arts Conservatory Inc reported a deficit of $153K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $5.2M in assets (debt-to-asset ratio: 52.6%), resulting in net assets of $2.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.8M	$3.9M	$5.2M	$2.8M	—	View 990
2022	$4.2M	$3.6M	$5.6M	$3.0M	—	View 990
2021	$2.7M	$1.4M	$5.2M	$3.3M	—	View 990
2020	$3.1M	$2.9M	$3.4M	$2.7M	—	—
2019	$3.5M	$3.4M	$3.1M	$2.6M	—	View 990
2018	$3.7M	$3.5M	$2.9M	$2.6M	—	View 990
2017	$3.9M	$3.6M	$2.6M	$2.5M	—	View 990
2016	$3.6M	$3.5M	$2.6M	$2.8M	—	View 990
2015	$4.5M	$4.6M	$2.8M	$2.9M	—	View 990
2014	$3.3M	$3.4M	$3.3M	$2.9M	—	View 990
2013	$3.3M	$3.3M	$2.9M	$3.0M	—	View 990
2012	$3.0M	$2.9M	$3.1M	$3.1M	—	View 990
2011	$2.7M	$2.6M	$2.6M	$2.7M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.8M, expenses of $3.9M, and assets of $5.2M (revenue -11.1% year-over-year).
2022: Revenue of $4.2M, expenses of $3.6M, and assets of $5.6M (revenue +60.3% year-over-year).
2021: Revenue of $2.7M, expenses of $1.4M, and assets of $5.2M (revenue -14.6% year-over-year).
2020: Revenue of $3.1M, expenses of $2.9M, and assets of $3.4M (revenue -11.4% year-over-year).
2019: Revenue of $3.5M, expenses of $3.4M, and assets of $3.1M (revenue -6.4% year-over-year).
2018: Revenue of $3.7M, expenses of $3.5M, and assets of $2.9M (revenue -4.4% year-over-year).
2017: Revenue of $3.9M, expenses of $3.6M, and assets of $2.6M (revenue +8.9% year-over-year).
2016: Revenue of $3.6M, expenses of $3.5M, and assets of $2.6M (revenue -20.5% year-over-year).
2015: Revenue of $4.5M, expenses of $4.6M, and assets of $2.8M (revenue +35.4% year-over-year).
2014: Revenue of $3.3M, expenses of $3.4M, and assets of $3.3M (revenue +1.4% year-over-year).
2013: Revenue of $3.3M, expenses of $3.3M, and assets of $2.9M (revenue +8.9% year-over-year).
2012: Revenue of $3.0M, expenses of $2.9M, and assets of $3.1M (revenue +10.5% year-over-year).
2011: Revenue of $2.7M, expenses of $2.6M, and assets of $2.6M.

Data Sources and Methodology

This transparency report for Friends Of The Mozartina Musical Arts Conservatory 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.