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Nonprofit · EIN 85-4066770

BRONX SCHOOL FOR MUSIC INC

Tax-exempt · BRONX, NY 10467

Financials

$501K$505K2022$598K$505K2023$672K$676K2024
Revenue Expenses · by fiscal year end
Financials of BRONX SCHOOL FOR MUSIC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$672,157$675,982-$3,825$207,553$73,781$133,772
June 30, 2024990$597,857$505,212$92,645$226,282$31,736$194,546
June 30, 2023990$501,301$505,338-$4,037$104,488$2,587$101,901
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$255,997
of which government grants
$82,194
Program service revenue
$410,895
Investment income
$5,265
Other revenue
$0

Expenses

Grants and similar amounts paid
$14,633
Compensation of officers, directors and key employees
$97,196
Other salaries and wages
$312,986
Salaries, compensation and benefits (total)
$446,234
Professional fundraising fees
$0
Legal fees
$1,300
Accounting fees
$5,575
Occupancy
$51,353
Depreciation
$33,133
Program services (functional)
$516,229
Management and general (functional)
$155,046
Fundraising (functional)
$4,707

Balance sheet and other

Total assets, start of year
$226,282
Total assets, end of year
$207,553
Total liabilities, end of year
$73,781
Net assets, end of year
$133,772
Land, buildings and equipment
$57,456
Net assets without donor restrictions
$133,772
Gross receipts
$672,157
Employees
31
Volunteers
4
Year formed
2020
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
PHILIP KWOKAPRESIDENT
Trustee or director
40$92,031
THOMAS WINTER-AABOBOARD CHAIR & TREASURER
Trustee or director, Officer
5$0
ISABEL HIDROBOSECRETARY
Trustee or director, Officer
1$0
GLORIA HYE-WONDIRECTOR
Trustee or director
1$0
KEN SIMARDDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
PHILIP KWOKAPRESIDENT
Trustee or director
40$79,400
THOMAS WINTER-AABOBOARD CHAIR & TREASURER
Trustee or director, Officer
5$0
ISABEL HIDROBOSECRETARY
Trustee or director, Officer
1$0
GLORIA HYE-WONDIRECTOR
Trustee or director
1$0
KEN SIMARDDIRECTOR
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
PHILIP KWOKAPRESIDENT
Trustee or director, Officer
5$59,044
THOMAS WINTER-AABOTREASURER
Trustee or director, Officer
5$0
GLORIA HUSKEYSECRETARY
Trustee or director, Officer
5$0
KEN SIMARDDIRECTOR
Trustee or director
1$0
ISABEL HIDROBODIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3348 PERRY AVE, BRONX, NY 10467-3204
Principal officer (990 for 2024)
PHILIP KWOKA, 3348 PERRY AVE, BRONX, NY 104673204
Signed the 990
PHILIP KWOKA, PRESIDENT
Phone
(347) 202-5402
Return prepared by
SKODY SCOT & CO CPAS PC

Mission

BRONX SCHOOL OF MUSIC'S MISSION IS TO PROVIDE CHILDREN OF THE BRONX COMMUNITY WITH AFFORDABLE AND HIGH-QUALITY PRIVATE INSTRUMENTAL MUSIC LESSONS AND MUSIC ENRICHMENT CLASSES IN A FACILITY THAT IS DEDICATED TO THE STUDENTS IT SERVES. BSM WILL PROVIDE STUDENTS WHO DO NOT HAVE ACCESS TO PRACTICE SPACE AND HIGH-QUALITY INSTRUMENTS WITH A SPACE THAT WILL HELP THEM DEVELOP AND HONE THEIR ARTISTIC SKILLS IF THEY NEED IT OUTSIDE OF THEIR HOME.

990 for the year ended June 30, 2025

Program accomplishments

  • THE BRONX SCHOOL FOR MUSIC PROVIDES BRONX CHILDREN WITH AFFORDABLE AND ACCESSIBLE INDIVIDUAL AND GROUP MUSIC INSTRUCTION IN A SPACE ENTIRELY DEDICATED TO MUSICAL INSTRUCTION AND EXPLORATION. THE HEART OF THE BRONX SCHOOL FOR MUSIC'S PROGRAM IS TO FOCUS ON INDIVIDUALLY CATERED, ONE-ON-ONE MUSIC INSTRUCTION FROM LEADING PERFORMERS AND EDUCATORS BASED IN NEW YORK CITY . CHILDREN UNDER THE AGE OF FIVE ENROLL IN EARLY CHILDHOOD MUSIC AND TRANSITION TO PRIVATE LESSONS WHEN THEY ARE ELIGIBLE. WE BELIEVE THAT AN ENVIRONMENT DEDICATED TO THE ARTS WILL INSPIRE STUDENTS TO EXPLORE THEIR ARTISTIC SKILLS, OFFER THEM A SOCIAL OUTLET TO SHARE TALENTS WITH LIKE-MINDED PEERS, AND ENCOURAGE THEM TO BUILD NEW RELATIONSHIPS ACROSS OUR SCHOOL COMMUNITY.
    Expenses $516,229 · grants $14,633 · revenue $353,946

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
85-4066770
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$207,553
Income (IRS master file)
$672,157

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$672,157$675,982$207,553IRS
990June 2024$597,857$505,212$226,282IRS
990June 2023$501,301$505,338$104,488XML
990June 2022$419,788$371,432$106,461IRS
990-EZJune 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-4066770).

Questions about BRONX SCHOOL FOR MUSIC INC

What is the EIN of BRONX SCHOOL FOR MUSIC INC?
The employer identification number (EIN) of BRONX SCHOOL FOR MUSIC INC is 85-4066770.
Is BRONX SCHOOL FOR MUSIC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to BRONX SCHOOL FOR MUSIC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BRONX SCHOOL FOR MUSIC INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BRONX SCHOOL FOR MUSIC INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BRONX SCHOOL FOR MUSIC INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BRONX SCHOOL FOR MUSIC INC?
The 990 for the year ended June 30, 2025 names PHILIP KWOKA.
Who are the officers and directors of BRONX SCHOOL FOR MUSIC INC?
The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $92,031 (PHILIP KWOKA, PRESIDENT).
How much revenue does BRONX SCHOOL FOR MUSIC INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $672,157, expenses of $675,982 and total assets of $207,553 at year end.

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