Education : Other Education Programs and Services

Third Street Music School Settlement

Providing quality education in music and the arts

Rating

Overall Rating    
      (59.52)
Organizational Efficiency      
Program Expenses 81.2%    
Administrative Expenses 9.1%    
Fundraising Expenses 9.6%    
Fundraising Efficiency $0.26    
Efficiency Rating    
      (33.12)
Organizational Capacity      
Primary Revenue Growth 7.2%    
Program Expenses Growth 6.4%    
Working Capital Ratio (years) 2.04    
Capacity Rating    
      (26.40)

Income Statement     (FYE 06/2008)

Revenue  
Primary Revenue $5,016,677
Other Revenue $667,977
Total Revenue $5,684,654
   
Expenses  
Program Expenses $4,013,678
Administrative Expenses $450,046
Fundraising Expenses $479,086
Total Functional Expenses $4,942,810
   
Payments to Affiliates $0
Excess (or Deficit) for the year $741,844
   
Net Assets $9,778,992

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Third Street Music School Settlement
235 East Eleventh Street
New York, NY 10003
tel: (212) 777-3240
fax: (212) 477-1808
EIN: 13-5596825

Contact Email
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Leadership      (FYE 06/2008)

Name Title Compensation % of Expenses
Lee Koonce Executive Director (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $160,885 3.25%

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

Third Street Music School Settlement, the nation's oldest community music school, was founded in 1894 by Emilie Wagner, who believed that music could offer the impoverished immigrants of New York's Lower East Side some respite from their daily struggles. Today, more than a century later, Third Street serves more than 3,500 students each year both at the School and through its MILES (Music Instruction on the Lower East Side) Program in the public schools, where it reaches a sizeable immigrant population and hundreds of children who lack affordable options for quality training in the arts. A generous program of tuition assistance, scholarships and program subsidies benefits three-quarters of all students served.

Charities Performing Similar Types of Work

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Third Street Music School Settlement - NY 59.52
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