Qubit New Music
Nonprofit profile at a glance
- EIN
- 460659995
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2020
- Location
- New York, NY, USA
- Phone
- 2135372532
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $78,872
- Expenses
- $61,357
- Assets
- $229,947
- Liabilities
- $81,071
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Nina C Young (President)
- David Bird (Vice President)
- Aaron Einbond (Vice President)
- Alexander Hall (Executive Director, board member Ex-Officio)
People named in this filing
- Nina C Young (President)
- David Bird (Vice President)
- Aaron Einbond (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promotion of the Arts
What it reported doing in 2025
Qubit's primary program service is to produce, promote, and deliver concerts and other interdisciplinary events to the the people of New York City and State. In FY25, Qubit served over 1200 people in 3 unique events and 7 performances in New York City. For the past sixteen seasons our mission has been to bring together diverse audiences and artists alike in unique & compelling ways. We strive to foster a community in which our attendees experience captivating works-both extant and newly commissioned, created by artists who are themselves driven by discovering new forms of expression. Focused on the use of new music technologies and how they can advance performance practice and sonic aesthetics, Qubit is a curatorial and production platform for emerging and mid-career artists dedicated to embarking upon the uncertain path to finding their own voice through risk-taking and experimentation. In 2025, Qubit produced three major concert events in New York City. These included "CHANT" at the Church of St Luke and St Matthew in Brooklyn on June 15, featuring the Ekmeles Vocal Ensemble with instrumental performers. On October 9th, the Chicago-based "Beyond this Point" percussion duo visited New York, with a performance of new interdisciplinary works at the Center for Performance Research in Brooklyn. Lastly, Qubit co-produced a the US-premiere of Dutch composer and harpist Andrea Voets' "For Real" at the Brooklyn Academy of Music. Featuring five performances from November 19-23, this concert was the first performance of Voets' work in the United States, and the shows at BAM also included post-concert discussions with prominent academics and public intellectuals. This event was assisted with funding from the Dutch Cultural Embassy of New York.
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 100
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.1%; rating input score 79
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 22.2%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 3.75; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 20.4%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 3% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 13.7% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 79.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $61K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- High — Sustainability: Officer compensation ratio scored 8/100.