Form 990 for tax year 2024

Filed by WASHINGTON CONSERVATORY OF MUSIC.

Totals

Total revenue: $983,278
Total expenses: $1,357,614
Contributions and grants received: $278,828
Grants paid: $0
Program service revenue: $704,338
Investment income: $0
Other revenue: $112
Total assets, end of year: $487,921
Total liabilities, end of year: $80,614
Net assets or fund balances, end of year: $407,307
Program services expenses (Part IX): $740,543
Management and general expenses: $588,018
Fundraising expenses: $29,053
Program service expenses (Part III): $740,543

Program services were 54.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1c · Fundraising events

$25,876
1e · Government grants (contributions)

$56,380
1f · All other contributions, gifts and grants

$196,572
1g · Noncash contributions included above

$258
2a · Program service revenue: TUITION

total $628,921 · related or exempt $628,921
2f · All other program service revenue

total $75,417 · related or exempt $75,417
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$25,876
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0
11a · Other revenue: OTHER REVENUE

total $112 · related or exempt $112
11e · Other revenue, total

$112

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $68,736 · program services $29,330 · management and general $38,266 · fundraising $1,140
7 · Other salaries and wages

total $587,469 · program services $250,678 · management and general $327,051 · fundraising $9,740
10 · Payroll taxes

total $44,611 · program services $28,567 · management and general $15,594 · fundraising $450
11c · Fees: accounting

total $35,676 · management and general $35,676
11g · Fees: other

total $67,559 · program services $64,819 · management and general $2,240 · fundraising $500
12 · Advertising and promotion

total $92,784 · management and general $92,415 · fundraising $369
13 · Office expenses

total $115,508 · program services $93,124 · management and general $19,703 · fundraising $2,681
14 · Information technology

total $1,506 · management and general $1,506
16 · Occupancy

total $113,400 · program services $106,092 · management and general $7,308
17 · Travel

total $12,187 · program services $12,131 · management and general $34 · fundraising $22
22 · Depreciation, depletion and amortization

total $38,536 · program services $26,083 · management and general $12,453
23 · Insurance

total $11,551 · management and general $11,551
24a · Other expenses: PROGRAM SERVICES

total $118,884 · program services $118,884
24b · Other expenses: EQUIPMENT AND MAINTENAN

total $23,667 · program services $10,835 · management and general $12,832
24c · Other expenses: FUNDRAISER EXPENSES

total $14,071 · fundraising $14,071
24d · Other expenses: DUES AND SUBSCRIPTIONS

total $11,271 · management and general $11,271
24e · All other expenses

total $198 · management and general $118 · fundraising $80

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $869,084 · end of year $164,191
2 · Savings and temporary cash investments

beginning of year $1,961 · end of year $1,961
4 · Accounts receivable

beginning of year $13,060 · end of year $49,430
10a · Land, buildings and equipment: cost or other basis

$829,057
10b · Land, buildings and equipment: accumulated depreciation

$556,718
10c · Land, buildings and equipment, net

beginning of year $310,027 · end of year $272,339
11 · Investments: publicly traded securities

beginning of year $9,324 · end of year $0
17 · Accounts payable and accrued expenses

beginning of year $378,396 · end of year $68,994
19 · Deferred revenue

beginning of year $43,417 · end of year $11,620
27 · Net assets without donor restrictions

beginning of year $752,058 · end of year $377,722
28 · Net assets with donor restrictions

beginning of year $29,585 · end of year $29,585

Mission and programs · 2024

Mission

THE WASHINGTON CONSERVATORY OF MUSIC PROVIDES EXCEPTIONAL MUSICAL LEARNING & LISTENING EXPERIENCES FOR STUDENTS AND THE COMMUNITY. ITS VISION IS A COMMUNITY INSPIRED AND INFORMED BY THE EXPERIENCE OF MUSIC.

Activities or mission (Part I)

THE WASHINGTON CONSERVATORY OF MUSIC (THE "CONSERVATORY") IS A DISTRICT OF COLUMBIA NOT-FOR-PROFIT CORPORATION THAT IS AN INDEPENDENT NATIONALLY-ACCREDITED COMMUNITY MUSIC SCHOOL OFFERING LESSONS, CLASSES AND SPECIAL EVENTS FOR CHILDREN AND ADULTS IN THE DC AREA.

MUSIC INSTRUCTION; THE CONSERVATORY PROVIDES INDIVIDUAL LESSONS FOR ALL AGES AND LEVELS ON PIANO, GUITAR, VOICE, STRING, WIND, BRASS AND PERCUSSION INSTRUMENTS, MUSIC THEORY, AND COMPOSITION. OTHER OFFERINGS INCLUDE CLASSES IN VARIOUS INSTRUMENTS & VOICE, EARLY CHILDHOOD MUSIC, AND ENSEMBLES. OCCASIONAL SEMINARS OR MASTER CLASSES ARE OFFERED.

Expenses $490,509 · Revenue $623,619
COMMUNITY CONCERT SERIES; THE CONSERVATORY PROVIDES BETWEEN 8 AND 15 COMMUNITY CONCERTS EACH YEAR WITH PERFORMANCES FROM RENOWNED GUESTS, ARTISTS AND FACULTY MEMBERS. IN 2023-2024, A TOTAL OF 9 CONCERTS AND EVENTS WERE PROVIDED FOR WASHINGTON, DC AREA RESIDENTS WITH COMMUNITY SUPPORT.

Expenses $63,287 · Revenue $57,273
TAPESTRY MUSIC PROJECT; THE CONSERVATORY PROVIDES FREE MUSIC LEARNING AND LISTENING EXPERIENCES TO STUDENTS FROM UNDERSERVED COMMUNITIES.

Expenses $12,978 · Revenue $23,558
Expenses $173,769

As filed on the 2024 return.

Listed in Part VII

Tobias WernerTOBIAS WERNER

DIRECTOR

Total calculated

$11,215

From this org

$0

From related orgs

$11,215

Other

$0

Hours/week

7
Dionne LaufmanDIONNE LAUFMAN

DIRECTOR - FACULTY REPRESENTATIVE

Total calculated

$1,271

From this org

$0

From related orgs

$1,271

Other

$0

Hours/week

2
Dudley WinthropDUDLEY WINTHROP

OFFICER - CHAIR

Total calculated

$0

Hours/week

2
Matthew B CanzoneriMATTHEW B CANZONERI

OFFICER - VICE CHAIR

Total calculated

$0

Hours/week

2
Steven SpurlockSTEVEN SPURLOCK

OFFICER - SECRETARY

Total calculated

$0

Hours/week

2
Virginia AckermanVIRGINIA ACKERMAN

DIRECTOR

Total calculated

$0

Hours/week

2
Ndenisarya M BergasiNDENISARYA M BERGASI

DIRECTOR

Total calculated

$0

Hours/week

2
Jole B GolombJOLE B GOLOMB

DIRECTOR

Total calculated

$0

Hours/week

2
Silvia MassettiSILVIA MASSETTI

DIRECTOR

Total calculated

$0

Hours/week

2
Gloria WangGLORIA WANG

OFFICER - TREASURER

Total calculated

$0

Hours/week

2
Meera Narayanaswamy ZandMEERA NARAYANASWAMY ZAND

DIRECTOR

Total calculated

$0

Hours/week

2
Nishita ShahNISHITA SHAH

DIRECTOR

Total calculated

$0

Hours/week

2
Catherine LeeCATHERINE LEE

DIRECTOR

Total calculated

$0

Hours/week

2
Charlotte CameronCHARLOTTE CAMERON

DIRECTOR

Total calculated

$0

Hours/week

2
Andrew LeeANDREW LEE

OFFICER - EXECUTIVE & ARTISTIC DIRECTOR

Total calculated

$56,250

From this org

$0

From related orgs

$56,250

Other

$0

Hours/week

40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2024
Filed: 15 April 2026
IRS schema version: 2024v5.5
Source object: 202631059349301653

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