The Carnegie Hall Corporation
881 Seventh Avenue, New York, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $101,837,752 | $124,873,288 | $482,510,845 |
| FY2024 | $90,483,367 | $118,874,089 | $471,513,036 |
| FY2023 | $72,833,196 | $110,575,987 | $465,836,775 |
| FY2022 | $90,457,248 | $100,554,472 | $465,145,546 |
| FY2021 | $55,324,262 | $66,507,634 | $532,754,026 |
| FY2020 | $67,672,916 | $97,409,026 | $457,810,470 |
| FY2019 | $87,183,213 | $108,276,707 | $497,201,788 |
| FY2018 | $103,429,195 | $105,142,093 | $519,012,880 |
| FY2017 | $36,964,378 | $92,527,333 | $507,554,873 |
| FY2016 | $80,162,593 | $94,141,926 | $234,128,016 |
| FY2015 | $113,626,039 | $84,053,765 | $252,009,594 |
| FY2014 | $91,069,839 | $77,092,400 | $225,722,917 |
| FY2013 | $86,533,636 | $71,498,804 | $212,946,595 |
| FY2012 | $100,385,043 | $66,925,637 | $195,032,406 |
Form 990 filings
The returns filed by The Carnegie Hall Corporation (EIN 13-1923626), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $45,525,878 | 45% |
| Program service revenue | $42,892,955 | 42% |
| Other revenue | $13,418,919 | 13% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $90,939,082 | 73% |
| Management & general | $26,048,478 | 21% |
| Fundraising | $7,885,728 | 6% |
What the numbers show
- Contributions & grants made up 45% of total revenue in FY2025.
- Program services accounted for 73% of functional expenses, management & general 21%, and fundraising 6%.
- 73% of functional expenses went to program services in FY2025. That is higher than 32.6% of 132 Arts, Culture & Humanities organizations in NY.
- Net assets covered about 46.4 months of expenses at the end of the reporting year. That puts it in the 77th percentile among 3987 Arts, Culture & Humanities organizations in NY.
- Total revenue was higher than 99.8% of 4097 Arts, Culture & Humanities organizations in NY.
- Total revenue rose from $100,385,043 in FY2012 to $101,837,752 in FY2025. Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 10 of 14 reported years (FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $113,626,039 in FY2015.
- Net assets grew from $195,032,406 to $482,510,845 between FY2012 and FY2025.
- Contributions and grants made up 74% of revenue in FY2012 and 45% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO PRESENT MUSIC & MUSICIANS, BRING THE TRANSFORMATIVE POWER OF MUSIC. SEE SCHEDULE OTO THE WIDEST POSSIBLE AUDIENCE, PROVIDE EDUCATION PROGRAMS, AND PROVIDE NEW WORKS, ARTISTS & AUDIENCES.
IRS status
| Ruling year | 1962 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | A610 — Arts, Culture & Humanities (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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