Perlman Music Program Inc
Perlman Music Program Inc. shows consistent asset growth and no reported officer compensation over a decade.
EIN: 113247651 · New York, NY · NTEE: A6E0 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.8M |
| Total Expenses | $783K |
| Program Spending | 85% |
| Net Assets | $15.1M |
| Transparency Score | 90/100 |
Is Perlman Music Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Perlman Music Program Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Perlman Music Program Inc
Perlman Music Program Inc (EIN: 113247651) is a nonprofit organization based in New York, NY, classified under NTEE code A6E0. The organization reported total revenue of $11.8M and total assets of $24.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Perlman Music Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Perlman Music Program Inc is a large nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $603K |
| Total Expenses | $783K |
| Surplus / Deficit | $-180,671 |
| Total Assets | $15.3M |
| Total Liabilities | $199K |
| Net Assets | $15.1M |
| Operating Margin | -30.0% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 233.7 months |
Financial Health Grade: B
In 2023, Perlman Music Program Inc reported a deficit of $181K with expenses exceeding revenue, holds 233.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Perlman Music Program Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -87.6% | -73.8% | -0.3% |
| 2022 | +10.3% | +11.0% | +0.7% |
| 2021 | +77.8% | +24.2% | +14.0% |
| 2020 | -20.4% | -21.6% | +4.5% |
| 2019 | +7.1% | -3.2% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Perlman Music Program Inc with a Mission Score of 90 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, Perlman Music Program Inc 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 deficit of $181K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual and suggests a strong commitment to directing funds towards the mission.
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 Perlman Music Program Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data prevents precise spending efficiency analysis.
Strengths
The following positive indicators were identified for Perlman Music Program Inc:
- Consistent asset growth, from $11.4M in 2014 to $24.8M currently.
- No reported officer compensation across all 13 filings, indicating high efficiency.
- Generally positive net income in most recent years, demonstrating financial health.
- Strong revenue generation in recent periods, such as $4.87M in 202209.
- Consistent filing history, indicating good transparency.
Frequently Asked Questions about Perlman Music Program Inc
Is Perlman Music Program Inc a legitimate charity?
Perlman Music Program Inc (EIN: 113247651) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.8M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Perlman Music Program Inc spend its money?
Perlman Music Program Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Perlman Music Program Inc tax-deductible?
Perlman Music Program Inc is registered as a tax-exempt nonprofit (EIN: 113247651). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Perlman Music Program Inc's spending goes to programs?
Perlman Music Program Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Perlman Music Program Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Perlman Music Program 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 Perlman Music Program Inc located?
Perlman Music Program Inc is headquartered in New York, New York and files with the IRS under EIN 113247651. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does Perlman Music Program Inc have?
Perlman Music Program 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 $11.8M in total revenue.
Is Perlman Music Program Inc. financially stable?
Yes, the organization appears financially stable, with assets growing from $11.4 million in 2014 to $24.8 million currently, and consistent positive net income in most recent years, such as a $1.89 million surplus in 202209.
How does Perlman Music Program Inc. manage executive compensation?
According to all available IRS 990 filings, Perlman Music Program Inc. reports 0% officer compensation, meaning no officers received salaries from the organization during these periods.
Has the organization's revenue been consistent?
Revenue has fluctuated but generally shows a strong trend, with a notable increase to $4.87 million in 202209 and $4.41 million in 202109, significantly higher than earlier years like $2.54 million in 201509.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend, growing from $11.4 million in 2014 to $24.8 million in the latest period, indicating strong financial growth and investment.
Filing History
IRS 990 filing history for Perlman Music Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Perlman Music Program Inc's revenue has declined by 82.7%, moving from $3.5M to $603K. Total assets increased by 77% over the same period, from $8.6M to $15.3M. Total functional expenses fell by 68.2%, from $2.5M to $783K. In its most recent filing year (2023), Perlman Music Program Inc reported a deficit of $181K, with expenses exceeding revenue. The organization holds $199K in liabilities against $15.3M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $15.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $603K | $783K | $15.3M | $199K | — | View 990 |
| 2022 | $4.9M | $3.0M | $15.3M | $205K | — | View 990 |
| 2021 | $4.4M | $2.7M | $15.2M | $311K | — | View 990 |
| 2020 | $2.5M | $2.2M | $13.3M | $395K | — | — |
| 2019 | $3.1M | $2.8M | $12.7M | $89K | — | View 990 |
| 2018 | $2.9M | $2.9M | $12.3M | $136K | — | View 990 |
| 2017 | $3.8M | $2.8M | $12.3M | $86K | — | View 990 |
| 2016 | $2.8M | $2.8M | $11.3M | $134K | — | View 990 |
| 2015 | $2.5M | $2.7M | $11.3M | $177K | — | View 990 |
| 2014 | $4.0M | $2.8M | $11.4M | $113K | — | View 990 |
| 2013 | $2.8M | $2.6M | $10.2M | $189K | — | View 990 |
| 2012 | $4.0M | $2.5M | $10.0M | $101K | — | View 990 |
| 2011 | $3.5M | $2.5M | $8.6M | $146K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $603K, expenses of $783K, and assets of $15.3M (revenue -87.6% year-over-year).
- 2022: Revenue of $4.9M, expenses of $3.0M, and assets of $15.3M (revenue +10.3% year-over-year).
- 2021: Revenue of $4.4M, expenses of $2.7M, and assets of $15.2M (revenue +77.8% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.2M, and assets of $13.3M (revenue -20.4% year-over-year).
- 2019: Revenue of $3.1M, expenses of $2.8M, and assets of $12.7M (revenue +7.1% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.9M, and assets of $12.3M (revenue -23.7% year-over-year).
- 2017: Revenue of $3.8M, expenses of $2.8M, and assets of $12.3M (revenue +36.4% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.8M, and assets of $11.3M (revenue +10.1% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.7M, and assets of $11.3M (revenue -37.0% year-over-year).
- 2014: Revenue of $4.0M, expenses of $2.8M, and assets of $11.4M (revenue +46.7% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.6M, and assets of $10.2M (revenue -30.5% year-over-year).
- 2012: Revenue of $4.0M, expenses of $2.5M, and assets of $10.0M (revenue +13.9% year-over-year).
- 2011: Revenue of $3.5M, expenses of $2.5M, and assets of $8.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Perlman Music Program Inc:
Data Sources and Methodology
This transparency report for Perlman Music Program 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.