Presents classical chamber music concerts annually, offering performance opportunities and accessible tickets.
For fiscal year 2020 it reported $598K in revenue, $755K in expenses, and $1.1M in net assets.Pt I
Where the money goes · FY2020
Total revenue
$598K
Pt VIII · Ln 12
Total expenses
$755K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$156K
Where spending went · Part IX cols B–D
86%
14%
Program services $0.86 Management & general $0.14
Program efficiency
86%
of spending reaches programs
Operating runway
13.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-26%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2020 · Form 990
Revenue
$598K
FY2020
$740K$370K$0
FY2020FY2025
Expenses
$755K
FY2020
$928K$464K$0
FY2020FY2025
Total assets
$1.2M
FY2020
$1.2M$589K$0
FY2020FY2025
Total liabilities
$56K
FY2020
$95K$47K$0
FY2020FY2025
Total revenue
$598K
Pt VIII · Ln 12
Total expenses
$755K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$156K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 44
Mission & Programs · Part III
Where the work happens
3 program services account for $650K of program spending, described in the organization's 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…
Mark Peskanov’s $215K as Executive/Artistic Director
is at the 100th percentile of top reported officer pay among 2213 $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
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.
Individual Mark Peskanov · Reported title executive/artistic director · Highest reported compensation $232K · Total expenses $755K
31%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $431K · Total expenses $755K
57%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
86%
—
—
Overhead ratio
14%
—
—
Fundraising cost ratio
0%
—
—
Investment management fee ratio
0%
—
—
Legal fee ratio
0%
—
—
Accounting fee ratio
4%
—
—
Fundraising fee ratio
0%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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