THE CARNEGIE HALL SOCIETY INC Charity Report

Tax-exempt status may be revoked

THE CARNEGIE HALL SOCIETY INC

EIN 13-6136259 · Health and Personal Care Retailers

What they do

THE CARNEGIE HALL SOCIETYS MISSION is to COLLECT and PROVIDE FUNDS for THE PERPETUATION, MAINTENANCE, and USE of CARNEGIE HALLS ACTIVITIES IN MUSIC PERFORMANCE and EDUCATION. BECAUSE THESE ACTIVITIES ARE CONDUCTED BY THE CARNEGIE HALL CORPORATION, A RELATED 501(C)(3)ORGANIZATION, THIS 990 RETURN SHOULD BE READ IN CONJUNCTION WITH THE 990 RETURN of THE CORPORATION.

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This record may have an IRS status problem. Do not give until you verify it.

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 checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2016The report may be old. Ask for a newer one.

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

They name their leaders61 people are listed in the latest report.

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

Money made simple

16.08%of revenue went to mission work61.7% of expenses · Program services

8.55%of revenue went to fundraising32.8% of expenses

$26.08spent for every $100 of revenueRevenue covered expenses this year.

1.45%of revenue went to management and office costs5.6% of expenses

89.9%of its money came from giftsOther money may come from services or investments.

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Pay context: The highest compensation shown in this filing is $75,056 for PATRICIA LONG (CFO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2016

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$51,758,200

Mission workProgram services$8,321,68716.08% of revenue61.7% of expenses

ManagementOffice and general costs$751,4671.45% of revenue5.6% of expenses

FundraisingAsking for donations$4,424,2168.55% of revenue32.8% of expenses

Revenue left after expensesReported annual surplus$38,260,83073.92% of revenueShown in gray on the chart

Total expenses$13,497,37026.08% 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

2016CurrentExpense mix: 61.7% mission · 5.6% management · 32.8% fundraisingTotal expenses: 26.08% of revenue

2015Expense mix: 90.1% mission · 1.2% management · 8.7% fundraisingTotal expenses: 82.19% of revenue

Money in and money out

Revenue$51,758,200

Expenses$13,497,370

Annual surplus $38,260,830 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)$8,321,687 · 61.7% of expenses

Management and office costs$751,467 · 5.6% of expenses

Fundraising$4,424,216 · 32.8% of expenses

See all reported dollar amounts

Revenue$51,758,200

Expenses$13,497,370

Income$175,751,651

Contributions$46,541,319

Mission work (program services)$8,321,687

Fundraising$4,424,216

Management and general$751,467

Stocks and bonds$124,310,595

Investing fees$751,467

People

Leadership and board

Tax year 2016

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

People reported as paid

Person and titleCompensation

PATRICIA LONGCFO · 1 hrs/week $75,056Base · Other $75,056

CLIVE GILLINSONEXECUTIVE AND ARTISTIC DIRECTO · 1 hrs/week $68,036Base · Other $68,036

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 (61)

PATRICIA LONGCFO

CLIVE GILLINSONEXECUTIVE AND ARTISTIC DIRECTO

SANA H SABBAGHTRUSTEE

LAURA H POMERANTZTRUSTEE

LEN BLAVATNIKTRUSTEE

MARILYN HORNETRUSTEE

MARTINA ARROYOTRUSTEE

MERCEDES T BASSVICE CHAIRMAN

PETER W MAYTRUSTEE (UNTIL OCT 2016)

RENE FLEMINGTRUSTEE

RICHARD A DEBSTRUSTEE

ROBERT F SMITHCHAIRMAN

ROBERT I LIPPTRUSTEE

ROBERT K KRAFTTRUSTEE

ROBERT W JONESTRUSTEE

RONALD E BLAYLOCKTRUSTEE

S DONALD SUSSMANTRUSTEE

KURT G STROVINKTRUSTEE

SANFORD I WEILLPRESIDENT

SARAH BILLINGHURST SOLOMONTRUSTEE

SIR HOWARD STRINGERTRUSTEE

SIR MARTIN SORRELLTRUSTEE

STANLEY S SHUMANTRUSTEE

SUKI SANDLERTRUSTEE

SUSAN W ROSETRUSTEE (UNTIL OCT 2016)

SUZIE KOVNERTRUSTEE

TERRY J LUNDGRENTRUSTEE

THOMAS G MAHERASTRUSTEE

THOMAS P SCULCOTRUSTEE

WILLIAM G PARRETTTRUSTEE

YO-YO MATRUSTEE

FRANK N NEWMANTRUSTEE (UNTIL OCT 2016)

AJC SMITHTRUSTEE

ANNE M FINUCANETRUSTEE

AUDRA MCDONALDTRUSTEE

BEATRICE SANTO DOMINGOTRUSTEE

BURTON P RESNICKVICE CHAIRMAN

CHARLES M ROSENTHALTRUSTEE

CLARISSA ALCOCK BRONFMANVICE CHAIRMAN

DARREN WALKERTRUSTEE

DAVID M SIEGELTRUSTEE

DENNIS M NALLYTRUSTEE

DON M RANDELTRUSTEE

EARLE S ALTMANTRUSTEE

EDWARD C FORSTTREASURER

EMANUEL AXTRUSTEE

LANG LANGTRUSTEE

GREGORY T DURANTTRUSTEE

HAROLD MCGRAW IIITRUSTEE

ISABEL LEONARDTRUSTEE

JAMES TAYLORTRUSTEE

JESSYE NORMANTRUSTEE

JOLYON STERNTRUSTEE

JOSHUA NASHTRUSTEE

JOSHUA RUCHTRUSTEE

JOYCE DIDONATOTRUSTEE

JUDITH W EVNINTRUSTEE

JUDY FRANCIS ZANKELTRUSTEE

KENNETH J BIALKINSECRETARY

KLAUS JACOBSVICE CHAIRMAN (UNTIL NOV 2016)

STEPHEN R HOWE JRTRUSTEE

About this charity

Location: 881 SEVENTH AVENUE, NEW YORK, NY 10019
County: New York
In care of: PATRICIA LONG
Primary officer: PATRICIA LONG, CFO

How to reach them

WebsiteVisit the charity’s website Phone(212) 903-9600

Filing and classification

Latest tax year: 2016
Tax period began: July 1, 2016
Return type: 990
Tax preparer: KPMG LLP
IRS tax category: Health and Personal Care Retailers
Revocation date: May 15, 2021