Brookline Music School Inc
- Assets
- $3.0m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 90
- Location
- Brookline, MA
- Founding
- 12/1949
- Data as of
- 06/2022
- EIN
- 04-2443175
Organization Overview
Brookline Music School Inc is located in Brookline, MA. The organization was established in 1949. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Brookline Music School Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brookline Music School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Brookline Music School Inc generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EXTENSIVE PROGRAM OF MUSIC INSTRUCTION FOR ALL AGES, FROM INFANTS TO ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC INSTRUCTION THROUGH PRIVATE LESSONS, CLASSES, AND PROGRAMS, WHICH INCLUDE A BROAD RANGE OF INSTRUMENT AND VOICE LEARNING OPPORTUNITIES FOR ITS STUDENTS. THE SCHOOL SERVES APPROXIMATELY 1,000 STUDENTS ANNUALLY.
COMMUNITY CONCERTS, PERFORMANCES, WORKSHOPS AND SPEAKER SERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betsy Frauenthal Executive Director | Officer | 35 | $157,364 |
Vicky Lau Director Of Finance & Administration | Officer | 35 | $87,909 |
Susan Laster President | OfficerTrustee | 4.25 | $0 |
Biff Miller Vice President | OfficerTrustee | 1.25 | $0 |
Yukiko Egozy Clerk | OfficerTrustee | 1 | $0 |
Robert Salvin Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $131,237 |
| All other contributions, gifts, grants, and similar amounts not included above | $194,759 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $325,996 |
| Total Program Service Revenue | $1,502,139 |
| Investment income | $30,918 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,757 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,868,810 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $32,236 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $273,246 |
| Compensation of current officers, directors, key employees. | $206,435 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,007,991 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $83,372 |
| Payroll taxes | $96,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,237 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,427 |
| Advertising and promotion | $2,345 |
| Office expenses | $7,403 |
| Information technology | $26,275 |
| Royalties | $0 |
| Occupancy | $15,238 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,894 |
| Insurance | $22,519 |
| All other expenses | $18,418 |
| Total functional expenses | $1,738,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $569,270 |
| Savings and temporary cash investments | $807,580 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,587 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $766 |
| Prepaid expenses and deferred charges | $12,740 |
| Net Land, buildings, and equipment | $213,865 |
| Investments—publicly traded securities | $1,423,470 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,029,278 |
| Accounts payable and accrued expenses | $91,091 |
| Grants payable | $0 |
| Deferred revenue | $446,897 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $537,988 |
| Net assets without donor restrictions | $2,451,076 |
| Net assets with donor restrictions | $40,214 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,029,278 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Brookline Music School Inc has recieved totaling $8,443.
| Awarding Organization | Amount |
|---|---|
Thomas G Stemberg Charitable Foundation Boston, MA PURPOSE: GENERAL CHARITABLE PURPOSES | $2,500 |
Mary And Kathleen Harriman Foundation Broadway St Fl New Yo, NY PURPOSE: GENERAL SUPPORT | $2,500 |
John W Henry Charitable Foundation Inc Boca Raton, FL PURPOSE: TO FUND OPERATIONS | $1,500 |
Robert A Jaye Foundation Charitable Tr Newton Centre, MA PURPOSE: TO FURTHER ENTITY'S EXEMPT PURPOSE | $1,000 |
Westport Fund Washington, DC PURPOSE: CHARITABLE PURPOSES | $500 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $200 |
Endowment Analysis
| Beg. Balance | $2,071,849 |
| Earnings | $373,307 |
| Net Contributions | $202,953 |
| Ending Balance | $2,648,109 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
School Of American Ballet Inc New York, NY | $111,037,435 | $21,205,372 |
Society Of The Third Street Music School Settlement Inc New York, NY | $23,512,540 | $9,331,737 |
Professional Childrens School Inc New York, NY | $20,795,903 | $7,913,959 |
Elaine Kaufman Cultural Center-Lucy Moses School For Music And Dance New York, NY | $27,086,297 | $8,434,600 |
Usdan Center For The Creative And Performing Arts Wheatley Heights, NY | $9,094,063 | $7,842,834 |
The Brooklyn Queens Conservatory Of Music Brooklyn, NY | $5,364,852 | $5,242,264 |
South Shore Conservatory Of Music Inc Hingham, MA | $8,426,542 | $4,813,797 |
Neighborhood Music School Inc New Haven, CT | $8,041,622 | $5,408,099 |
Hoff Barthelson Music School Scarsdale, NY | $5,808,540 | $3,629,362 |
David Hochstein Memorial Music School Inc Rochester, NY | $9,075,130 | $4,251,000 |
Diller-Quaile School Of Music Inc New York, NY | $7,580,711 | $3,116,050 |
Friends Of The Mozartina Musical Arts Conservatory Inc Tarrytown, NY | $3,401,359 | $3,102,362 |