Music Conservatory Of Westchester
Music Conservatory Of Westchester maintains stable assets and positive net income, but executive compensation reporting lacks clarity.
EIN: 136007082 · White Plains, NY · NTEE: A6E0 · Updated: 2026-03-28
Is Music Conservatory Of Westchester Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Music Conservatory Of Westchester directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Music Conservatory Of Westchester
Music Conservatory Of Westchester (EIN: 136007082) is a nonprofit organization based in White Plains, NY, classified under NTEE code A6E0. The organization reported total revenue of $4.0M and total assets of $10.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Music Conservatory Of Westchester's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Music Conservatory Of Westchester with a Mission Score of 75 out of 100 (Good). 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, Music Conservatory Of Westchester 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 IRS 990 filings consistently report 0% officer compensation across all periods, which is highly unusual for an organization with annual revenues exceeding $3 million and assets over $10 million. This suggests that executive compensation may be reported under other expense categories or that the top leadership is compensated through non-officer roles, making it difficult to assess the true cost of executive leadership relative to the organization's size.
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 Music Conservatory Of Westchester's IRS 990 filings:
- Consistent reporting of 0% officer compensation on IRS 990s, which is highly unusual for an organization of this size and suggests a lack of transparency regarding executive remuneration.
- Fluctuating revenue, with a significant drop from $4,269,048 in 202206 to $3,484,657 in 202306, which could indicate reliance on variable funding sources.
Strengths
The following positive indicators were identified for Music Conservatory Of Westchester:
- Strong asset base, consistently over $8.5 million and reaching $10,181,660 in 202306, indicating financial stability.
- Positive net income in most recent filings (e.g., $3,484,657 revenue vs. $3,226,622 expenses in 202306), demonstrating effective financial management.
- Liabilities are well-managed relative to assets, with assets significantly exceeding liabilities (e.g., $10,181,660 assets vs. $3,327,258 liabilities in 202306).
Frequently Asked Questions about Music Conservatory Of Westchester
Is Music Conservatory Of Westchester a legitimate charity?
Based on AI analysis of IRS 990 filings, Music Conservatory Of Westchester (EIN: 136007082) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Music Conservatory Of Westchester spend its money?
Music Conservatory Of Westchester directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Music Conservatory Of Westchester tax-deductible?
Music Conservatory Of Westchester is registered as a tax-exempt nonprofit (EIN: 136007082). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Music Conservatory Of Westchester a good charity?
Based on its financial stability, consistent program delivery (implied by stable expenses), and strong asset base, the organization appears to be financially sound. However, the lack of reported officer compensation on the 990s is a significant transparency concern that prevents a full assessment of its operational efficiency and compensation practices.
How does the organization manage its executive compensation?
The IRS 990 filings consistently show 0% officer compensation, which is highly unusual. This indicates that executive compensation is either not reported in the standard 'officer compensation' section or that the organization's leadership structure and compensation methods require further clarification beyond the available 990 data.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated, peaking at $4,269,048 in 202206 and settling at $3,484,657 in 202306. Expenses have remained relatively stable, averaging around $3 million annually, demonstrating consistent operational costs.
Filing History
IRS 990 filing history for Music Conservatory Of Westchester showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Music Conservatory Of Westchester's revenue has grown by 30.5%, moving from $2.7M to $3.5M. Total assets increased by 7.3% over the same period, from $9.5M to $10.2M. Total functional expenses rose by 12.4%, from $2.9M to $3.2M. In its most recent filing year (2023), Music Conservatory Of Westchester reported a surplus of $258K, with revenue exceeding expenses. The organization holds $3.3M in liabilities against $10.2M in assets (debt-to-asset ratio: 32.7%), resulting in net assets of $6.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.2M | $10.2M | $3.3M | — | View 990 |
| 2022 | $4.3M | $2.8M | $10.0M | $3.5M | — | View 990 |
| 2021 | $2.5M | $2.7M | $9.5M | $4.2M | — | View 990 |
| 2020 | $3.5M | $3.2M | $9.0M | $3.7M | — | View 990 |
| 2019 | $3.3M | $3.3M | $8.6M | $3.7M | — | View 990 |
| 2018 | $3.2M | $3.2M | $8.7M | $3.8M | — | View 990 |
| 2017 | $3.1M | $2.9M | $8.8M | $4.0M | — | View 990 |
| 2016 | $2.9M | $2.9M | $8.8M | $4.2M | — | View 990 |
| 2015 | $2.8M | $2.8M | $9.2M | $4.5M | — | View 990 |
| 2014 | $2.8M | $2.8M | $9.2M | $4.6M | — | View 990 |
| 2013 | $2.7M | $2.8M | $9.3M | $4.8M | — | View 990 |
| 2012 | $2.9M | $2.9M | $9.3M | $4.7M | — | View 990 |
| 2011 | $2.7M | $2.9M | $9.5M | $4.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.2M, and assets of $10.2M (revenue -18.4% year-over-year).
- 2022: Revenue of $4.3M, expenses of $2.8M, and assets of $10.0M (revenue +69.3% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.7M, and assets of $9.5M (revenue -27.8% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.2M, and assets of $9.0M (revenue +4.8% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.3M, and assets of $8.6M (revenue +4.9% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.2M, and assets of $8.7M (revenue +1.8% year-over-year).
- 2017: Revenue of $3.1M, expenses of $2.9M, and assets of $8.8M (revenue +7.8% year-over-year).
- 2016: Revenue of $2.9M, expenses of $2.9M, and assets of $8.8M (revenue +4.0% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.8M, and assets of $9.2M (revenue -1.2% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.8M, and assets of $9.2M (revenue +6.4% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.8M, and assets of $9.3M (revenue -7.4% year-over-year).
- 2012: Revenue of $2.9M, expenses of $2.9M, and assets of $9.3M (revenue +7.2% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.9M, and assets of $9.5M.
Data Sources and Methodology
This transparency report for Music Conservatory Of Westchester 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.