For 45 years Bargemusic continues to be dedicated to enhancing the cultural life of new York City by presenting nearly 200 concerts annually, giving performance opportunities to a diverse group of musicians and serving the community by providing free ticktes and making the entire canon of classical chamber music available and accessible to everyone in a unique floating concert hall.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$232K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $125K a year · 19% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$232K
to officers and key staff · 31% of spending
Concern: pay to officers and key staff is 31% of spending; over 30%.
Pt VII · Sec A
13 mo
of spending, in cash
Looks good: 13.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$56K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$598K
Spent
$755K
To programs
86%
Net assets
$1.1M
By yearFY2020–FY2025
Revenue
$598K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$598K
FY2021$643K
FY2022$621K
FY2023$623K
FY2024$706K
FY2025$740K
Expenses
$755K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$755K
FY2021$787K
FY2022$719K
FY2023$733K
FY2024$757K
FY2025$928K
Net assets
$1.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$977K
FY2022$878K
FY2023$768K
FY2024$717K
FY2025$529K

From the FY2020 Form 990 (year ending August 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $650K Management & general 14% · $104K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $232K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive/Artistic Director
$231,999Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Mark Peskanov’s $215K as Executive/Artistic Director is at the 100th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Mark Peskanov$214,999$204,999$231,999

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Presents classical chamber music concerts annually, offering performance opportunities and accessible tickets.

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Provided by the organization

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3 programs · $650K · in their own filed words · FY2019
01

Masterworks Series

presenting the entire canon of chamber music, bargemusic's programs are curated by artistic director mark perskanov. masterworks series highlights: scribin inspired by chopin concerts ( with commentaries); new perspectives on bach cello suites (complete suites with commentary on cello; and on violin); ivan llic new york dubet in 3…

$603Kprogram expense
02

Admission Free " Music in Motion" family-friendly concert series: Bargemusic popular admission free concerts, on staturdays at 4 p.m. continue to draw a large and diverse audience. The one hour performances, followed by a Q & A session, feature world class musicians, and make the canon of chamber music accessible to all ages.

$30Kprogram expense
03

The Here and Now & The There and Then Series:Bargemusic's critically acclaimed contemporary music series, including our annual Winter Festival and Labor Day Here and Now Festival, presented World, US, and New York premieres by composers including jonathan howard katz, paul chihara, stanely walden, marty regan, jonathan cziner, david…

$18Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$20K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$598K
Ln 12
Gifts and grantsLn 1h$514K
Fees for servicesLn 2g$83K
Investment incomeLn 3$1K
Money outPt IX
$755K
Ln 25
Programscol B$650K
Managementcol C$104K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$815K
Total assetsLn 16$1.2M
LiabilitiesLn 26$56K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$514K
Government grantsLn 1e$267K
Fees for servicesLn 2g$83K
Investment incomeLn 3$1K
Gains on assetsLn 7$0
Total revenueLn 12$598K
Assets in detailPt X, end of year
CashLn 1$815K
SavingsLn 2$0
Cash and savings togetherLn 1–2$815K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$362K
Other assetsLn 15$0
Total assetsLn 16$1.2M
LiabilitiesLn 26$56K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 54
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$893K$815K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$385K$362K
Total assetsLn 16$1.3M$1.2M
LiabilitiesLn 26$0$56K
Net assetsLn 32$1.3M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$232K$232K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$147K$82K$65K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$28K$14K$14K
Payroll taxesLn 10$24K$16K$8K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$33K$26K$7K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$12K$11K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$22K$21K$1K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$22K$18K$4K
InsuranceLn 23$26K$23K$3K
Other expenses (24a–d)Ln 24$197K$196K$1K
All other expensesLn 24e$6K$6K
Total functional expensesLn 25$755K$650K$104K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $740K$928K−$188K$529K 990 PDF
FY2024 $706K$757K−$51K$717K 990 PDF
FY2023 $623K$733K−$110K$768K 990 PDF
FY2022 $621K$719K−$98K$878K 990 PDF
FY2021 $643K$787K−$144K$977K 990 PDF
FY2020 Viewing $598K$755K−$156K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $598,116 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $709,142$513,905
I-9 Program service revenuePrior year $154,907$83,177
I-10 Investment incomePrior year $1,350$1,034
I-11 Other revenue$0
I-12 Total revenuePrior year $865,399$598,116
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $412,425$430,680
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $394,115$323,907
I-18 Total expensesPrior year $806,540$754,587
I-19 Revenue less expensesPrior year $58,859−$156,471
Part VI · Governance 4 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $598,116 across 10 lines filed
VIII-1e Government grants$267,131
VIII-1f All other contributions, gifts and grants$246,774
VIII-1h Total contributions, gifts and grants$513,905
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $83,177$83,177
VIII-3 Investment incomeExcluded from tax $1,034$1,034
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $83,177 · Excluded from tax $1,034$598,116
Part IX · Statement of functional expenses $754,587 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $231,999$231,999
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $82,164 · Management $64,624$146,788
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $13,977 · Management $13,978$27,955
IX-10 Payroll taxesPrograms $16,404 · Management $7,534$23,938
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $26,063 · Management $6,515$32,578
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $5,088$5,088
IX-13 Office expensesPrograms $10,520 · Management $1,856$12,376
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $20,843 · Management $1,100$21,943
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $17,826 · Management $4,457$22,283
IX-23 InsurancePrograms $23,377 · Management $2,893$26,270
IX-24 Other expenses (24a–d)Programs $196,028 · Management $1,400$197,428
IX-24e All other expensesPrograms $5,941$5,941
IX-25 Total functional expensesPrograms $650,230 · Management $104,357 · Fundraising $0$754,587
Part X · Balance sheet $1,177,423 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $892,965$815,112
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $384,594$362,311
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,277,559$1,177,423
X-17 Accounts payable and accrued expenses$6,335
X-24 Unsecured notes and loans payable$50,000
X-26 Total liabilitiesStart of year $0$56,335
X-27 Net assets without donor restrictionsStart of year $1,277,559$1,121,088
X-32 Total net assets or fund balancesStart of year $1,277,559$1,121,088
X-33 Total liabilities and net assetsStart of year $1,277,559$1,177,423
Part XI · Reconciliation of net assets $1,121,088 net assets at year end
XI-1 Total revenue$598,116
XI-2 Total expenses$754,587
XI-3 Revenue less expenses−$156,471
XI-4 Net assets at start of year$1,277,559
XI-10 Net assets at end of year$1,121,088

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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