Manhattan School Of Music
Manhattan School Of Music shows consistent revenue growth and asset accumulation, with an unusual 0% reported officer compensation.
EIN: 131656667 · New York, NY · NTEE: A250 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $84.4M |
| Total Expenses | $72.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $75 |
| Net Assets | $81.8M |
| Transparency Score | 80/100 |
Is Manhattan School Of Music Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manhattan School Of Music directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manhattan School Of Music
Manhattan School Of Music (EIN: 131656667) is a nonprofit organization based in New York, NY, classified under NTEE code A250. The organization reported total revenue of $84.4M and total assets of $113.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manhattan School Of Music's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manhattan School Of Music is a major nonprofit that has been operating for 79 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75.5M |
| Total Expenses | $72.1M |
| Surplus / Deficit | +$3.4M |
| Total Assets | $109.2M |
| Total Liabilities | $27.4M |
| Net Assets | $81.8M |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 25.1% |
| Months of Reserves | 18.2 months |
Financial Health Grade: A
In 2023, Manhattan School Of Music reported a surplus of $3.4M with revenue exceeding expenses, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 25.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Manhattan School Of Music's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | +8.5% | +3.4% |
| 2022 | +13.5% | +13.5% | -4.7% |
| 2021 | +2.4% | -4.9% | +5.1% |
| 2020 | -9.3% | -0.7% | -4.5% |
| 2019 | +7.3% | +4.0% | +10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1947 |
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 Manhattan School Of Music with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Manhattan School Of Music allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $3.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.1%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filings, which is highly unusual for an organization of this size with annual revenues exceeding $75 million. This suggests executive compensation may be reported in other expense categories or through related entities, making it difficult to assess the true cost of executive leadership relative to the organization's scale.
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 Manhattan School Of Music's IRS 990 filings:
- Consistent 0% reported officer compensation, which is highly unusual for an organization of this size and could indicate a lack of transparency in executive pay reporting.
- Fluctuating liabilities, which, while decreasing recently, warrant further investigation into their nature and management.
Strengths
The following positive indicators were identified for Manhattan School Of Music:
- Consistent revenue growth, increasing from $45.2 million in 2014 to $75.4 million in 2023, indicating strong financial health and fundraising capabilities.
- Healthy asset base, growing from $91.3 million in 2014 to $109.1 million in 2023, demonstrating financial stability and capacity.
- Consistent operational surplus, with revenues generally exceeding expenses, allowing for reinvestment and asset accumulation.
- Strong financial resilience, evidenced by continued growth even through periods like 2020.
Frequently Asked Questions about Manhattan School Of Music
Is Manhattan School Of Music a legitimate charity?
Manhattan School Of Music (EIN: 131656667) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $84.4M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Manhattan School Of Music spend its money?
Manhattan School Of Music directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Manhattan School Of Music tax-deductible?
Manhattan School Of Music is registered as a tax-exempt nonprofit (EIN: 131656667). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Manhattan School Of Music CEO make?
Manhattan School Of Music's highest-compensated officer earns $75 annually. The organization reported $84.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Manhattan School Of Music's spending goes to programs?
Manhattan School Of Music directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Manhattan School Of Music compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Manhattan School Of Music is above average for NTEE category A250 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Manhattan School Of Music located?
Manhattan School Of Music is headquartered in New York, New York and files with the IRS under EIN 131656667. It is classified under NTEE code A250.
How many years of IRS 990 filings does Manhattan School Of Music have?
Manhattan School Of Music 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 $84.4M in total revenue.
How is executive compensation handled if 0% is reported for officers?
The consistent reporting of 0% officer compensation across all filings for an organization with over $75 million in revenue is highly unusual. It suggests that executive compensation might be categorized differently within the financial statements (e.g., as salaries and wages for key employees not classified as 'officers' in the 990's specific definition) or paid through a related entity, which would require deeper scrutiny of the full IRS Form 990 to understand.
What is the organization's strategy for managing its liabilities, which have fluctuated significantly?
Liabilities have shown fluctuations, from a high of $43,339,312 in 2019 to $27,400,898 in 2023. While the overall trend shows a decrease in recent years, understanding the nature of these liabilities (e.g., debt, deferred revenue) and the strategy for their management would provide further insight into financial risk.
What is the primary source of the consistent revenue growth?
The data shows consistent revenue growth from $45.2 million in 2014 to $75.4 million in 2023. To understand this growth, one would need to examine the detailed revenue breakdown in the 990 filings, specifically looking at tuition and fees, contributions, grants, and investment income.
Filing History
IRS 990 filing history for Manhattan School Of Music showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Manhattan School Of Music's revenue has grown by 96%, moving from $38.5M to $75.5M. Total assets increased by 24.6% over the same period, from $87.6M to $109.2M. Total functional expenses rose by 107.2%, from $34.8M to $72.1M. In its most recent filing year (2023), Manhattan School Of Music reported a surplus of $3.4M, with revenue exceeding expenses. The organization holds $27.4M in liabilities against $109.2M in assets (debt-to-asset ratio: 25.1%), resulting in net assets of $81.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $75.5M | $72.1M | $109.2M | $27.4M | — | View 990 |
| 2022 | $72.5M | $66.4M | $105.5M | $27.5M | — | View 990 |
| 2021 | $63.9M | $58.5M | $110.7M | $32.6M | — | — |
| 2020 | $62.4M | $61.5M | $105.4M | $35.8M | — | View 990 |
| 2019 | $68.7M | $62.0M | $110.3M | $43.3M | — | View 990 |
| 2018 | $64.1M | $59.6M | $99.5M | $40.0M | — | View 990 |
| 2017 | $61.2M | $56.6M | $93.9M | $38.7M | — | View 990 |
| 2016 | $56.7M | $53.7M | $89.2M | $40.5M | — | View 990 |
| 2015 | $47.9M | $48.5M | $88.6M | $39.9M | — | View 990 |
| 2014 | $45.3M | $45.7M | $91.4M | $42.0M | — | View 990 |
| 2013 | $47.6M | $45.5M | $90.6M | $43.5M | — | View 990 |
| 2012 | $47.1M | $44.3M | $88.8M | $45.5M | — | View 990 |
| 2011 | $38.5M | $34.8M | $87.6M | $46.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $75.5M, expenses of $72.1M, and assets of $109.2M (revenue +4.1% year-over-year).
- 2022: Revenue of $72.5M, expenses of $66.4M, and assets of $105.5M (revenue +13.5% year-over-year).
- 2021: Revenue of $63.9M, expenses of $58.5M, and assets of $110.7M (revenue +2.4% year-over-year).
- 2020: Revenue of $62.4M, expenses of $61.5M, and assets of $105.4M (revenue -9.3% year-over-year).
- 2019: Revenue of $68.7M, expenses of $62.0M, and assets of $110.3M (revenue +7.3% year-over-year).
- 2018: Revenue of $64.1M, expenses of $59.6M, and assets of $99.5M (revenue +4.7% year-over-year).
- 2017: Revenue of $61.2M, expenses of $56.6M, and assets of $93.9M (revenue +7.8% year-over-year).
- 2016: Revenue of $56.7M, expenses of $53.7M, and assets of $89.2M (revenue +18.4% year-over-year).
- 2015: Revenue of $47.9M, expenses of $48.5M, and assets of $88.6M (revenue +5.8% year-over-year).
- 2014: Revenue of $45.3M, expenses of $45.7M, and assets of $91.4M (revenue -4.9% year-over-year).
- 2013: Revenue of $47.6M, expenses of $45.5M, and assets of $90.6M (revenue +1.1% year-over-year).
- 2012: Revenue of $47.1M, expenses of $44.3M, and assets of $88.8M (revenue +22.3% year-over-year).
- 2011: Revenue of $38.5M, expenses of $34.8M, and assets of $87.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manhattan School Of Music:
Data Sources and Methodology
This transparency report for Manhattan School Of Music 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.