The Filomen M Dagostino Greenberg Music School Inc

Nonprofit profile at a glance

EIN
832582279
IRS 990 coverage
2019–2025
Forms available
Form 990 2025, Form 990-N 2018
Location
New York, NY, USA
Phone
3158424489
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Adult, Continuing Education

Official website

Reported finances

Revenue
$1,594,256
Expenses
$1,264,094
Assets
$8,932,352
Liabilities
$3,599

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • LESLIE JONES (PRESIDENT)
  • ROBERT DERKE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • LESLIE JONES (PRESIDENT): $83,373 total reported compensation
  • DALIA SAKAS (SECRETARY): $76,453 total reported compensation
  • ROBERT DERKE (EXECUTIVE DIRECTOR): $73,472 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To help people pursue their interest in and study of music while overcoming the challenges posed by vision loss.

What it reported doing in 2025

The organization offers music classes and lessons to all persons withvision loss, including children and young adults enrolled in public andprivate schools, colleges and universities; professional musicians; andothers with an interest in enrichment through lifelong musical learning.the corporation serves as a resource locally, nationally, andinternationally to performers, students, educators, and music industryleaders as the leading provider of accessible music instruction and the production of braille and large print music scores.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.8%; rating input score 63
  • Program expense ratio: 66%; rating input score 66
  • Fundraising efficiency: $20.17 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 19th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 20.7%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 7.07; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 18.5%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 18.6% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 15.9% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 29.7% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 62.8% of revenue deployed · 66% of spending went to programs
  • Governance: 6 of 8 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $834K in reported program spending
  • Leadership: top reported pay $83K · 9 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 6 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 56/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 18/100.