SOCIETY OF THE THIRD STREET MUSIC SCHOOL SETTLEMENT Charity Report

Public IRS 990 nonprofit record

SOCIETY OF THE THIRD STREET MUSIC SCHOOL SETTLEMENT

EIN 13-5596825 · Arts, Culture & Humanities (A6E0)

What they do

THE MISSION of THIRD STREET MUSIC SCHOOL SETTLEMENT is to PROVIDE ACCESS to MUSIC and DANCE EDUCATION to NEW YORKERS of ALL AGES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders38 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.16%of revenue went to mission work84.1% of expenses · Program services

6.51%of revenue went to fundraising6.6% of expenses

$98.86spent for every $100 of revenueRevenue covered expenses this year.

9.18%of revenue went to management and office costs9.3% of expenses

$2.13in assets for every $1 spent this yearSome assets cannot be spent right away.

39.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $326,885 for VALERIE LEWIS (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$12,056,559

Mission workProgram services$10,026,48183.16% of revenue84.1% of expenses

ManagementOffice and general costs$1,106,9019.18% of revenue9.3% of expenses

FundraisingAsking for donations$785,2886.51% of revenue6.6% of expenses

Revenue left after expensesReported annual surplus$137,8891.14% of revenueShown in gray on the chart

Total expenses$11,918,67098.86% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.1% mission · 9.3% management · 6.6% fundraisingTotal expenses: 98.86% of revenue

2023Expense mix: 84.7% mission · 9.2% management · 6.1% fundraisingTotal expenses: 111.71% of revenue

2022Expense mix: 83.9% mission · 9.8% management · 6.3% fundraisingTotal expenses: 85.21% of revenue

2021Expense mix: 81.6% mission · 11.8% management · 6.6% fundraisingTotal expenses: 93.66% of revenue

2020Expense mix: 78.5% mission · 14.6% management · 6.9% fundraisingTotal expenses: 96.93% of revenue

2019Expense mix: 81.1% mission · 12.0% management · 6.9% fundraisingTotal expenses: 107.14% of revenue

2018Expense mix: 82.1% mission · 10.7% management · 7.2% fundraisingTotal expenses: 98.59% of revenue

2017Expense mix: 83.2% mission · 9.2% management · 7.6% fundraisingTotal expenses: 86.82% of revenue

Money in and money out

Revenue$12,056,559

Expenses$11,918,670

Annual surplus $137,889 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,026,481 · 84.1% of expenses

Management and office costs$1,106,901 · 9.3% of expenses

Fundraising$785,288 · 6.6% of expenses

See all reported dollar amounts

Revenue$12,056,559

Expenses$11,918,670

Assets$25,430,381

Income$12,803,997

Contributions$4,764,588

Mission work (program services)$10,026,481

Fundraising$785,288

Management and general$1,106,901

Stocks and bonds$15,906,520

Accounting fees$45,989

Investing fees$14,818

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

VALERIE LEWISEXECUTIVE DIRECTOR · 35 hrs/week $326,885Base $314,577 · Other $12,308

SEEROJNEE HENRYDIRECTOR OF FINANCE & ADMINISTRATION · 35 hrs/week $213,475Base $206,520 · Other $6,955

LOYI MALUDIRECTOR OF STUDENT SERVICES · 35 hrs/week $191,994Base $182,258 · Other $9,736

PATRICK PIERREDIRECTOR OF FACILITIES & OPERATIONS · 35 hrs/week $150,431Base $142,850 · Other $7,581

HANNAH MARGOLIESDIRECTOR OF DEVELOPMENT · 35 hrs/week $138,750Base $132,073 · Other $6,677

BRANDON TESHDIRECTOR OF MUSIC AND DANCE SCHOOL · 35 hrs/week $129,987Base $122,106 · Other $7,881

KRISTEN KENTNERDIRECTOR OF MARKETING · 35 hrs/week $116,710

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (38)

VALERIE LEWISEXECUTIVE DIRECTOR

SEEROJNEE HENRYDIRECTOR OF FINANCE & ADMINISTRATION

LOYI MALUDIRECTOR OF STUDENT SERVICES

PATRICK PIERREDIRECTOR OF FACILITIES & OPERATIONS

HANNAH MARGOLIESDIRECTOR OF DEVELOPMENT

BRANDON TESHDIRECTOR OF MUSIC AND DANCE SCHOOL

KRISTEN KENTNERDIRECTOR OF MARKETING

RACHNA SHAHDIRECTOR

LINA NOELDIRECTOR

MARTY FRIDSONDIRECTOR

MATTHEW L SPERLINGVICE PRESIDENT

PETER FG SCHUURDIRECTOR

PETER FLINT JRCHAIR

KANA YOSHIZAWADIRECTOR

SHVETA KAKARDIRECTOR

STAN SAGNERSECRETARY

SYLVIA V DOOLEYDIRECTOR

VICTORIA M MIGLIACCIODIRECTOR

WILLIAM LIVINGSTON IVTREASURER

YOHANNA SOWLERDIRECTOR

CARRIE ELSTON TUNICKDIRECTOR

ALEXANDRA ROMERODIRECTOR

ANDREA DIPASQUALEVICE PRESIDENT

ANDREW SCHWARTZDIRECTOR

ANTHONY MACCIARULODIRECTOR

ARIEL FAUSTOVICE PRESIDENT

BARBARA TRACYDIRECTOR

BEAU EVERETTDIRECTOR

BYRON BELLDIRECTOR

KARA SAXONDIRECTOR

CHRISTINE HWANGDIRECTOR

DIANA WEGEDIRECTOR

FELIPE TOEWSDIRECTOR

JASON REEDDIRECTOR

JEFF PERETZDIRECTOR

JESSICA CHUDIRECTOR

JESSIE MONTGOMERYDIRECTOR

ADRIAN ROSSDIRECTOR

About this charity

Recognized since: January 1942
Location: 235 E 11TH ST, NEW YORK, NY 10003-7398
County: New York
In care of: VALERIE LEWIS
Primary officer: VALERIE LEWIS, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website EmailStudent.services@thirdstreet.nyc Phone(212) 777-3240

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: LUTZ AND CARR CPAS LLP
NTEE classification: Arts, Culture & Humanities (A6E0)