Filomen M Dagostino Greenberg Music School Inc

Analysis

Filomen M Dagostino Greenberg Music School Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Filomen M Dagostino Greenberg Music School Inc reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $654k to $1.1m (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 1059%. Over the whole period it spent 31% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Filomen M Dagostino Greenberg Music School Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Riverside Christian Academy Inc ($1.1m), Cutwater Maritime Educational Services ($1.1m) and Centralia Christian School Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% and program service revenue 11% of the total. Other salaries and wages came to $611k. At year end it held assets of $7.3m against liabilities of $36k, net assets of $7.2m. It reported 24 employees.