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Settlement Music School of Philadelphia

Philadelphia, PA · EIN 23-1352676 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Settlement Music School of Philadelphia reported $18.5 million in revenue and $14.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.78 went to program services, $6.16 to management and general costs and $5.06 to fundraising. Its largest source of revenue was contributions and grants: 51.4% of the total. The highest compensation it reported for one person was $268,851 (CHIEF EXECUTIVE OFFICER). 4 people received more than $100,000 in reportable compensation. Revenue rose 57% 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 $14M

For 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 $18M

Other revenue was negative: −$44,793. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
88.8%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
6.2%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
5.1%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
51.4%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.7%
Program service revenue share
Part VIII 2g ÷ 12
44.1%20.8%
Highest reported compensation
Part VII-A, columns D–F
$268,851$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
48
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
30.036.6
Independent voting board members
Part VI 1a–1b
28 of 28100.0%

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 expense
$10M expenses · 82.4% of program spending · grants $920K · revenue $7.1M

Settlement's financial aid program is the vehicle through which underserved children gain access to the school's programs. The school annually provides approximately $3 million in financial aid and scholarships across all programs to nearly 60% of its students. Settlement has been successful in recruiting and retaining credentialed and experienced faculty. This faculty provides 11,000 weekly music and arts related programs and services to all the communities that the school serves, including low-income and underserved communities. Settlement employs approximately 160 faculty, making it one of…

$1.7M expenses · 13.4% of program spending · grants $1.5M · revenue $1.0M

The kaleidoscope program uses the arts to prepare 114 low-income preschool students for academic success. The program has a proven record of success, with participant's school readiness scores three times higher than peers in non-arts enriched programs. 90% of the students in the kaleidoscope program qualify for head start funding due to family income or special needs and attend tuition-free. The innovation and quality of kaleidoscope has helped it become a national model of arts-based preschool education

$533K expenses · 4.2% of program spending · grants $389K · revenue $7,730

Settlement's music education pathways program is an afterschool program at eight philadelphia schools, in operation since 2012, serving over 250 students with over 130 hours of ensemble and group lessons in band, orchestra, and choir. Research has shown students living in poverty to experience gains in socio-emotional learning while engaged in this program

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 65.00 hrs/week
$260,829$0$8,022$268,851
CHIEF INFORMATION OFFICER
Highest compensated employee, 55.00 hrs/week
$148,395$0$421$148,816
CHIEF ADVANCEMENT OFFICER
Highest compensated employee, 55.00 hrs/week
$129,700$0$3,034$132,734
CHIEF MARKETING & COMM. OFFICER
Highest compensated employee, 40.00 hrs/week
$100,525$0$2,532$103,057
FORMER CFO (06/24-02/25)
Officer, 65.00 hrs/week
$78,325$0$4,345$82,670

4 people received more than $100,000 in reportable compensation from Settlement Music School of Philadelphia (Part VII, line 2). Compensation of current officers, directors and key employees totaled $403K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$18M$14M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 (amended) ⓘ$18M$14M88.8%$36M$268,851
FY2024 (amended) ⓘ$13M$14M89.4%$31M$269,005
FY2023 (amended) ⓘ$15M$14M88.1%$30M$249,175
FY2022 (amended) ⓘ$11M$12M89.0%$28M$253,770
FY2021 ⓘ$14M$11M87.8%$29M$235,472
FY2020 ⓘ$12M$12M83.6%$24M$231,152

Governance 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–1b28 · 28 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 11aNo
  • 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 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5298
  • Volunteers Part I, line 685

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
YOUR PART-TIME CONTROLLER LLC
Interim CFO, accounting, audit prep serv
$104,385

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

38 private foundations reported grants to Settlement Music School of Philadelphia totaling $884K 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 Settlement Music School of Philadelphia's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Settlement Music School of Philadelphia, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in Pennsylvania

Questions people ask

How much of Settlement Music School of Philadelphia's spending goes to programs?

In the fiscal year ending June 30, 2025, Settlement Music School of Philadelphia reported that 88.8% of its $14.3 million in expenses went to program services, 6.2% to management and general and 5.1% to fundraising (Form 990, Part IX).

How much does Settlement Music School of Philadelphia pay its top executive?

The largest total compensation Settlement Music School of Philadelphia reported for one person in the fiscal year ending June 30, 2025 was $268,851, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Settlement Music School of Philadelphia get its money?

Of $18.5 million in revenue in the fiscal year ending June 30, 2025, 51.4% came from contributions and grants and 44.1% from program service revenue (Form 990, Part VIII).

Is Settlement Music School of Philadelphia a registered charity?

The IRS lists EIN 23-1352676 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 (amended), object 202632529349301228 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024 (amended), object 202531819349300613 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023 (amended), object 202511819349300901 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022 (amended), object 202432589349301003 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349313111 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131039349300748 · read the filing

All filings for EIN 23-1352676: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.