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Society of the Third Street Music School Settlement
Also known as Third Street Music School
Society of the Third Street Music School Settlement reported $12.1 million in revenue and $11.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.12 went to program services, $9.29 to management and general costs and $6.59 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 53.6% of the total. The highest compensation it reported for one person was $326,885 (EXECUTIVE DIRECTOR). 7 people received more than $100,000 in reportable compensation. Revenue rose 31% 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 $12MFor 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 $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.1% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.3% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 6.6% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.16 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 39.5% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.8% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 53.6% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $326,885 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.74% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 7 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 21.4 | 36.6 |
| Independent voting board members Part VI 1a–1b | 34 of 34 | 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 expenseMusic and dance instructionsee schedule oas the nation's longest-running community Music School, Third Street provides high quality music and dance instruction to students of all ages, abilities, and socioeconomic backgrounds. The majority of Third Street's programs serve children in grades pre-k through 12th-grade with weekly after-school and weekend instruction in 25+ instruments and voice; group and ensemble classes; several dance disciplines; music theory, composition, and production; and performance training. Third Street also offers early childhood programs including a licensed…
Third Street partners, school & community partnerships see schedule oestablished over 60 years ago, Third Street partners is a school and community partnership program that reaches thousands of students in pre-k through 12th grade across the five boroughs. In 2024-25, Third Street partners served 3,616 students in 30 public schools and hundreds more through programs in five community centers serving students in public housing. Through these partnerships, Third Street provides teaching artist residencies in nyc public schools and community centers to provide students with skill-based…
Community concertssee schedule oin 2024-25, Third Street presented over 150 free public performances, enriching the community through the shared language of the arts. Highlights included our livesounds concert series with performances by Third Street faculty, our cultural celebrations series which showcased artists from historically underrepresented backgrounds, and dozens of student performances including our annual all orchestras concert, stowe c. Phelps honors concert, nyc symphonic band concert, piano honors showcase, barbara e. Field chamber music concert, and string 'stravaganza. The…
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 DIRECTOR Officer, 35.00 hrs/week | $314,577 | $0 | $12,308 | $326,885 |
| DIRECTOR OF FINANCE & ADMINISTRATION Officer, 35.00 hrs/week | $206,520 | $0 | $6,955 | $213,475 |
| DIRECTOR OF STUDENT SERVICES Highest compensated employee, 35.00 hrs/week | $182,258 | $0 | $9,736 | $191,994 |
| DIRECTOR OF FACILITIES & OPERATIONS Highest compensated employee, 35.00 hrs/week | $142,850 | $0 | $7,581 | $150,431 |
| DIRECTOR OF DEVELOPMENT Highest compensated employee, 35.00 hrs/week | $132,073 | $0 | $6,677 | $138,750 |
| DIRECTOR OF MUSIC AND DANCE SCHOOL Highest compensated employee, 35.00 hrs/week | $122,106 | $0 | $7,881 | $129,987 |
| DIRECTOR OF MARKETING Highest compensated employee, 35.00 hrs/week | $116,710 | $0 | $0 | $116,710 |
7 people received more than $100,000 in reportable compensation from Society of the Third Street Music School Settlement (Part VII, line 2). Compensation of current officers, directors and key employees totaled $554K (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–1b34 · 34 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 2No
- 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 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5209
- Volunteers Part I, line 639
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| GC BALLROOM OPERATOR LLC Gala event | $217,875 |
| ASHLAND MAINTENANCE ORG Cleaning services | $114,746 |
| ECI CONTRACTING GROUP INC Contractors | $112,385 |
| CLEARENT LLC Payroll processor | $112,383 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
36 private foundations reported grants to Society of the Third Street Music School Settlement totaling $1.3M 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 Society of the Third Street Music School Settlement's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Society of the Third Street Music School Settlement, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Society of the Third Street Music School Settlement spent in FY2025, $84.12 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Lahaina Restoration FoundationPuunene, HI · revenue $12M · programs 61.6% · 2024
- LA Jolla Music SocietyLA Jolla, CA · revenue $12M · programs 68.9% · FY2025
- Explora Science Center & Children's Museum of AlbuquerqueAlbuquerque, NM · revenue $12M · programs 77.3% · FY2025
- American Museum of the Moving ImageAstoria, NY · revenue $12M · programs 79.6% · FY2025
- Grand Rapids Public Museum FoundationGrand Rapids, MI · revenue $12M · programs 89.8% · FY2025
All arts, culture & humanities charities · Largest charities in New York
Questions people ask
How much of Society of the Third Street Music School Settlement's spending goes to programs?
In the fiscal year ending June 30, 2025, Society of the Third Street Music School Settlement reported that 84.1% of its $11.9 million in expenses went to program services, 9.3% to management and general and 6.6% to fundraising (Form 990, Part IX).
How much does Society of the Third Street Music School Settlement pay its top executive?
The largest total compensation Society of the Third Street Music School Settlement reported for one person in the fiscal year ending June 30, 2025 was $326,885, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Society of the Third Street Music School Settlement get its money?
Of $12.1 million in revenue in the fiscal year ending June 30, 2025, 39.5% came from contributions and grants (including 2.8% from government grants) and 53.6% from program service revenue (Form 990, Part VIII).
Is Society of the Third Street Music School Settlement a registered charity?
The IRS lists EIN 13-5596825 as a 501(c)(3) organization (school), 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 202611319349302606 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511349349312121 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441299349301944 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311149349301096 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201249349302110 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131279349302053 · read the filing
All filings for EIN 13-5596825: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.