Home › Arts, culture & humanities
The Carnegie Hall Corporation
The Carnegie Hall Corporation reported $101.8 million in revenue and $124.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $72.83 went to program services, $20.86 to management and general costs and $6.31 to fundraising. Its largest source of revenue was contributions and grants: 44.7% of the total. Government grants made up 11.6%. The highest compensation it reported for one person was $2,331,959 (EXECUTIVE & ARTISTIC DIRECTOR). 125 people received more than $100,000 in reportable compensation. Revenue rose 50% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $125MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $102MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 72.8% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.9% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 6.3% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.17 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 44.7% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 11.6% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 42.1% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $2,331,959 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.87% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 125 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 46.4 | 36.6 |
| Independent voting board members Part VI 1a–1b | 54 of 55 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseCarnegie Hall produced events: of the 213 events that Carnegie Hall produced in FY25, 42% were held in stern auditorium/perelman stage, 13% in weill recital hall, 26% in zankel hall; and 19% in the hall's resnick education wing. Presentations ranged from orchestral, chamber music, solo recitals, and choral performances to jazz, world, and popular music concerts along with family events and public masterclasses. Beyond the hall's four walls, continuing a five-decade tradition of bringing free performances to neighborhoods across new york city, the Carnegie Hall citywide series included 32 free…
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
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE & ARTISTIC DIRECTOR Director/trustee, officer, 60.00 hrs/week | $2,216,216 | $0 | $115,743 | $2,331,959 |
| GEN MGR ARTISTIC & OPERATIONS Key employee, 60.00 hrs/week | $571,046 | $0 | $195,881 | $766,927 |
| CHIEF ADMINISTRATIVE OFFICER Key employee, 60.00 hrs/week | $484,650 | $0 | $200,681 | $685,331 |
| STAGEHAND Highest compensated employee, 60.00 hrs/week | $461,266 | $0 | $172,975 | $634,241 |
| CHIEF DEVELOPMENT OFFICER Key employee, 60.00 hrs/week | $448,518 | $0 | $185,429 | $633,947 |
| STAGEHAND Highest compensated employee, 60.00 hrs/week | $456,331 | $0 | $171,124 | $627,455 |
| CHIEF EDUCATION OFFICER Key employee, 60.00 hrs/week | $459,734 | $0 | $113,138 | $572,872 |
| STAGEHAND Highest compensated employee, 60.00 hrs/week | $399,292 | $0 | $149,735 | $549,027 |
125 people received more than $100,000 in reportable compensation from The Carnegie Hall Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7.9M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b55 · 54 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5957
- Volunteers Part I, line 6207
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| 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 |
Individuals listed as contractors are left out. 66 contractors were paid more than $100,000 in all.
Private foundation grants it received
152 private foundations reported grants to The Carnegie Hall Corporation totaling $15M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Carnegie Hall Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Carnegie Hall Corporation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Carnegie Hall Corporation spent in FY2025, $72.83 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- The Philharmonic Symphony Society of NYNew York, NY · revenue $101M · programs 65.4% · FY2025
- San Francisco Museum of Modern ArtSan Francisco, CA · revenue $102M · programs 80.8% · FY2025
- Military Aviation Museum FoundationVirginia Beach, VA · revenue $101M · programs 96.7% · 2024
- New York City BalletNew York, NY · revenue $102M · programs 87.4% · FY2025
- The Edison InstituteDearborn, MI · revenue $98M · programs 78.5% · 2024
All arts, culture & humanities charities · Largest charities in New York
Questions people ask
How much of The Carnegie Hall Corporation's spending goes to programs?
In the fiscal year ending June 30, 2025, The Carnegie Hall Corporation reported that 72.8% of its $124.9 million in expenses went to program services, 20.9% to management and general and 6.3% to fundraising (Form 990, Part IX).
How much does The Carnegie Hall Corporation pay its top executive?
The largest total compensation The Carnegie Hall Corporation reported for one person in the fiscal year ending June 30, 2025 was $2,331,959, for the role of EXECUTIVE & ARTISTIC DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Carnegie Hall Corporation get its money?
Of $101.8 million in revenue in the fiscal year ending June 30, 2025, 44.7% came from contributions and grants (including 11.6% from government grants) and 42.1% from program service revenue (Form 990, Part VIII).
Is The Carnegie Hall Corporation a registered charity?
The IRS lists EIN 13-1923626 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610869349300821 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202510999349300326 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431239349300648 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341289349303004 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240949349300104 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120889349300702 · read the filing
All filings for EIN 13-1923626: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.