Hartford School Of Music Incorporated, Hartford Conservatory in Hartford, Connecticut (CT)

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Hartford School Of Music Incorporated, Hartford Conservatory
Employer Identification Number (EIN)060674164
Name of OrganizationHartford School Of Music Incorporated
Secondary NameHartford Conservatory
Address846 Asylum Ave, Hartford, CT 06105
ActivitiesPrivate school
SubsectionEducational Organization
Ruling Date07/1947
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2012
Assets$100,000 to $499,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$309,489
Amount of Income$581,612
Form 990 Revenue Amount$345,904
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Performing Arts Schools


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Amount of income in 2012: $581,612 (it was $406,308 in 2011)
This organization: 

 $581,612
Other organizations performing similar types of work: 

 $393,152

Assets in 2012: $309,489 (it was $279,276 in 2011)
This organization: 

 $309,489
Other organizations performing similar types of work: 

 $218,085

Expenses in 2012: $215,288
This organization: 

 $215,288
Other organizations performing similar types of work: 

 $434,489

Income to expenses ratio in 2012: 2.7
Hartford School Of Music Incorporated, Hartford Conservatory: 

 2.7
Other organizations performing similar types of work: 

 1.0

Number of employees in 2012: 42
This organization: 

 42
Other organizations performing similar types of work: 

 25

Grants share in income in 2012: 59.0%
This organization: 

 59.0%
Other organizations performing similar types of work: 

 22.8%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$345,904
Contributions, Gifts, Grants and Other Similar Amounts$203,912
Program Service Revenue$51,635
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$15
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$90,342
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $326,050
Less: cost or other basis and sales expenses (Securities / Other)$0 / $235,708
Gain or (loss) (Securities / Other)$0 / $90,342
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$215,288
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$116,927
Payroll taxes$8,011
Professional fundraising services$0
Other$90,350
Balance Sheet (for 2012)
Total assets$309,489
Total liabilities$227,159
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$200,924
Unsecured notes and loans payable to unrelated third parties$0
Other$26,235
Total net assets or fund balances$82,330
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Westport School Of Music Inc18 Woods Grove Rd, Westport, CT 06880-2426CT1959-12$434,529
2Bethwood Suzuki School Inc131 Bradley Rd, Woodbridge, CT 06525-2376CT1991-03$300,616
3Usdan Center For The Creative And Performing Arts420 E 79th St, New York, NY 10075-1472NY1974-11$13,615,857
4Society Of The Third Street Music School Settlement Inc235 E 11th St, New York, NY 10003-7305NY1942-12$7,021,035
5Society For Strings Inc1424 County Route 10, Westport, NY 12993-3203NY1952-12$5,745,823
6Universal Ballet Foundation, Dba Kirov Acdy Of Ballet Wa Dc4301 Harewood Rd Ne, Washington, DC 20017-1514DC1992-08$4,872,722
7Neighborhood Music School Inc100 Audubon St, New Haven, CT 06510-1206CT1950-02$4,686,247
8School For Strings Inc419 W 54 Stt, New York, NY 10019NY1977-09$3,466,827
9Stanford Jazz WorkshopPO BOX 20454, Stanford, CA 94309-0454CA1987-12$3,246,365
10The Circus Barn Incorporated, Circus Smirkus1 Circus Rd, Greensboro, VT 05841-8166VT1974-03$2,930,838
11Wisconsin Conservatory Of Music Inc1584 N Prospect Ave, Milwaukee, WI 53202-6501WI1953-09$2,405,532
12The Music School Of Delaware Inc4101 N Washington St, Wilmington, DE 19802-2151DE1941-09$2,144,848
13School Of The Performing Arts In The Richmond Community Sparc2106 N Hamilton St Ste A, Richmond, VA 23230-4120VA1985-03$2,122,643
14Nutmeg Conservatory For The ArtsMain Street, Torrington, CT 06790CT1975-02$1,785,479
15Young Audiences Of Connecticut3074 Whitney Avenue, Hamden, CT 06518-2391CT1981-02$810,259
16Community Music School IncPO BOX 387, Centerbrook, CT 06409-0387CT1984-12$697,255
17Hartford School Of Music Incorporated, Hartford Conservatory846 Asylum Ave, Hartford, CT 06105CT1947-07$581,612
18Ballet School Of Stamford175 Atlantic St, Stamford, CT 06901-3500CT1999-02$401,491
19Crystal Theatre Inc12 June Ave, Norwalk, CT 06850-2534CT1993-12$393,152
20Thames Valley Music SchoolBox 5294 270 Mohegan Ave, New London, CT 06320-4125CT1980-07$319,157
Number of organizations performing similar types of work
Alaska1
Arizona2
California39
Colorado1
Connecticut10
District of Columbia5
Delaware2
Florida2
Georgia3
Hawaii3
Iowa1
Idaho1
Illinois10
Indiana1
Kentucky2
Massachusetts21
Maryland5
Maine7
Michigan6
Minnesota7
Missouri2
Montana1
North Carolina5
North Dakota1
Nebraska2
New Hampshire4
New Jersey12
New Mexico2
Nevada1
New York50
Ohio2
Oklahoma2
Oregon3
Pennsylvania17
Rhode Island1
Tennessee3
Texas10
Utah1
Virginia8
Vermont5
Washington10
Wisconsin6
Wyoming1
International2
Total280

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