The Carnegie Hall Corporation
73% goes to programs $17 to raise $100 Strong reserves
The Carnegie Hall Corporation is a 501(c)(3) organization based in New York, New York, registered in 1962, with $101,837,752 in FY2024 revenue. CharityIndex grades it B+, and it directs about 73% of spending to programs.
881 Seventh Avenue, New York, NY, 10019 EIN 13-1923626 Since 1962
Revenue (FY2024)
$101.8M
▲ 12.5% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$124.9M
Net assets
$482.5M
Employees
957
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating73% to programs · $17 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Carnegie Hall Corporation: 73% to programs · $17 to raise $100 earns a B on this criterion. See the exact thresholds →
C+Financial health25% of the rating46 mo reserves · -23% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Carnegie Hall Corporation: 46 mo reserves · -23% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Carnegie Hall Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Carnegie Hall Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To present music & musicians, bring the transformative power of music. see schedule oto the widest possible audience, provide education programs, and provide new works, artists & audiences.
What they do
Hall rental operations: in addition to carnegie hall's own presentations, carnegie hall leases and manages its three concert venues making them available for concerts and other performances presented by outside producers. these events represent a source of rental income for the hall and augment its artistic profile, underscoring carnegie hall's historic tradition of making its stages broadly available. in fy25, there were 536 rental events presented at carnegie hall.
Carnegie hall's weill music institute (wmi) creates broad-reaching music education and social impact programs, playing a central role in the hall's commitment to making great music accessible to as many people as possible through creative musical interaction and inspiring lifelong learning. wmi's programs-most offered for free or at low cost-engaged hundreds of thousands of people in fy25, including families, students, community members, aspiring artists, and educators in new york city, across the us, and worldwide.
Real estate operations expenses: 11,922,697 other operations and special projects expenses: 4,646,160 revenue: 870,396
Contact & location
- Address
- 881 Seventh Avenue, New York, NY, 10019
- City
- New York
- State
- New York
- Category
- Arts, Culture & Humanities
- Subcategory
- Performing Arts
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $91.1M (FY2013) to $101.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $181.0MNet assets $482.5M
Operating margin
-22.6%
Spent more than it raised in the latest fiscal year.
Total assets
$663.5M
Total liabilities
$181.0M
Net assets
$482.5M
Salaries & benefits
$62.2M
50% of expenses
Board members
55
54 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $101,837,752▲12.5% | $124,873,288▲5.0% | $482,510,845▲2.3% | $663,461,702▲5.4% | 990 |
| 2023 | $90,483,367▲24.2% | $118,874,089▲7.5% | $471,513,036▲1.2% | $629,540,386▲1.7% | 990 |
| 2022 | $72,833,196▼19.5% | $110,575,987▲10.0% | $465,836,775▲0.1% | $618,716,987▼1.0% | 990 |
| 2021 | $90,457,248▲63.5% | $100,554,472▲51.2% | $465,145,546▼12.7% | $624,703,164▼13.0% | 990 |
| 2020 | $55,324,262▼18.2% | $66,507,634▼31.7% | $532,754,026▲16.4% | $718,141,781▲9.6% | 990 |
| 2019 | $67,672,916▼22.4% | $97,409,026▼10.0% | $457,810,470▼7.9% | $655,438,170▼0.4% | 990 |
| 2018 | $87,183,213▼15.7% | $108,276,707▲3.0% | $497,201,788▼4.2% | $658,043,844▼2.8% | 990 |
| 2017 | $103,429,195▲180% | $105,142,093▲13.6% | $519,012,880▲2.3% | $676,657,701▲1.0% | 990 |
| 2016 | $36,964,378▼53.9% | $92,527,333▼1.7% | $507,554,873▲117% | $669,831,425▲127% | 990 |
| 2015 | $80,162,593▼29.5% | $94,141,926▲12.0% | $234,128,016▼7.1% | $294,806,286▼5.3% | 990 |
| 2014 | $113,626,039▲24.8% | $84,053,765▲9.0% | $252,009,594▲11.6% | $311,309,724▲0.4% | 990 |
| 2013 | $91,069,839 | $77,092,400▲7.8% | $225,722,917▲6.0% | $310,025,098▲16.1% | 990 |
| 2012 | — | $71,498,804▲6.8% | $212,946,595▲9.2% | $267,014,001▲16.7% | 990 |
| 2011 | — | $66,925,637▲4.2% | $195,032,406▲17.0% | $228,735,578▲17.0% | 990 |
| 2010 | — | $64,211,007▲0.7% | $166,720,592▲31.7% | $195,528,197▲27.0% | 990 |
| 2009 | — | $63,753,911 | $126,572,159 | $153,944,773 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Clive D Gillinson — $2,216,216 (1.77% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Clive D Gillinson | Executive & Artistic Director | 60 | $2,216,216 |
| Anna Weber | Gen Mgr Artistic & Operations | 60 | $571,046 |
| Richard Malenka | Chief Administrative Officer | 60 | $484,650 |
| Timothy Donovan | Stagehand | 60 | $461,266 |
| Sarah Johnson | Chief Education Officer | 60 | $459,734 |
| Anthony Polemeni | Stagehand | 60 | $456,331 |
| Susan J Brady | Chief Development Officer | 60 | $448,518 |
| Vera Zlatarski | General Counsel | 60 | $425,161 |
| Synneve Carlino | Chief Communications Officer | 60 | $404,004 |
| Mary Benjamin | Chief Financial Officer | 60 | $403,008 |
| Kenneth Clark | Stagehand | 60 | $399,292 |
| Christopher Amos | Chief Digital Officer | 60 | $398,291 |
| Sara Villagio | Chief Marketing Officer | 60 | $396,722 |
| David Gibson | Stagehand | 60 | $353,317 |
| Ezra Wiesner | Chief Information Officer | 60 | $338,588 |
| Aryeh B Bourkoff | Trustee | 1 | — |
| Beatrice Santo Domingo | Trustee | 1 | — |
| Clarke Murphy | Trustee | 1 | — |
| Daniel Nardello | Trustee | 1 | — |
| David M Siegel | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Tishman Interiors Corporation of Ny | Contractor | $18,382,172 |
| Stealth Security & Assoc LLC | Security | $1,938,853 |
| Siemens Industry | Contractor | $1,923,485 |
| Penguin Maintenance and Services | Contractor | $1,142,763 |
| Stiftung Berliner Philharmoniker | Orchestra Fees | $985,275 |
Grants received · $18.6M total
139 grants to The Carnegie Hall Corporation totaling $18.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $319,700 |
| American Online Giving Foundation Inc | General support | 2024 | $105,703 |
| The New York Community Trust | For program support. | 2024 | $50,000 |
| Fjc | General operating support | 2024 | $40,000 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $30,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $30,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Arts and culture | 2024 | $25,000 |
| The New York Community Trust | For program support. | 2024 | $25,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $25,000 |
| The New York Community Trust | For general support. | 2024 | $14,930 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $11,630 |
| Charities Aid Foundation America | Charitable donation | 2024 | $5,712 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $3,201,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $555,095 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $314,345 |
Grants made · $622K in FY2024
23 grants totaling $622K in FY2024 — showing the 15 largest. All grants made by The Carnegie Hall Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Musicopia Inc | Arts programming | $120,400 |
| Buffalo String Works Inc | Arts programming | $30,000 |
| Enriching Lives Through Music | Arts programming | $30,000 |
| Juneau Alaska Music Matters | Arts programming | $30,000 |
| Metropolitan Youth Orchestras Ofcentral Alabama | Arts programming | $30,000 |
| El Sistema Oklahoma Inc | Arts programming | $30,000 |
| Soundscapes Inc | Arts programming | $30,000 |
| West Point Fellowship Inc | Arts programming | $25,000 |
| Capital Harmony Works Inc | Arts programming | $25,000 |
| El Paso Symphony Orchestra Assn | Arts programming | $25,000 |
| Hawaii Youth Symphony Association | Arts programming | $25,000 |
| Intempo Organization Inc | Arts programming | $25,000 |
| Yakima Music En Accion Yama | Arts programming | $22,000 |
| Zumix Inc | Arts programming | $20,000 |
| Chicago Jazz Philharmonic | Arts programming | $20,000 |
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Compare The Carnegie Hall Corporation
Frequently asked questions
- Is The Carnegie Hall Corporation a legitimate nonprofit?
- Yes. The Carnegie Hall Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-1923626, based in New York, New York. Donations are tax-deductible.
- What is The Carnegie Hall Corporation's EIN?
- The Carnegie Hall Corporation's Employer Identification Number (EIN) is 13-1923626.
- How much revenue does The Carnegie Hall Corporation report?
- The Carnegie Hall Corporation reported $101,837,752 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Carnegie Hall Corporation's spending goes to programs?
- The Carnegie Hall Corporation spends about 73% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Carnegie Hall Corporation have?
- CharityIndex grades The Carnegie Hall Corporation B+, based on program efficiency and fundraising cost.
- How much does The Carnegie Hall Corporation's highest-paid employee make?
- The highest reported compensation on The Carnegie Hall Corporation's latest Form 990 is $2,216,216, paid to Clive D Gillinson (Executive & Artistic Director).
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Data for The Carnegie Hall Corporation (EIN 13-1923626) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.