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.
87¢ of each $1 spent went to programs.
$215K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$215K
to officers and key staff · 30% of spending
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 9.4 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
$17K
2% of total assets
Looks good: liabilities are 2% 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
$621K
-3% vs prior year
Spent
$719K
To programs
87%
Net assets
$878K
By yearFY2020–FY2025
Revenue
$621K
FY2022▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$598K
FY2021$643K
FY2022$621K
FY2023$623K
FY2024$706K
FY2025$740K
Expenses
$719K
FY2022▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$755K
FY2021$787K
FY2022$719K
FY2023$733K
FY2024$757K
FY2025$928K
Net assets
$878K
FY2022▼ -10%
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 FY2022 Form 990 (year ending August 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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

87 cents of each dollar spent went to programs.

Program services 87% · $627K Management & general 13% · $92K

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; $215K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive/Artistic Director
$214,999Pt 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.

See Bargemusic Ltd executive salaries →

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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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3 programs · $627K · in their own filed words · FY2021
01

The MASTERWORKS series, featuring the canon of chamber music, included the COMPLETE BEETHOVEN PIANO SONATAS AND CONVERSATION with Jeffrey Swann; pianists Marika Bournaki, Gerald Robbins, Jerome Lowenthal, Doris Stevenson, Olga Vinokur, John Novacek, and Misha Dichter in solo piano recitals playing works of composers including Schubert…

$436Kprogram expense
02

The HERE & NOW series comprised of contemporary works and world, US, and New York premieres, featured violin solo and piano solo recitals; a duo violin and piano concert; a four hands piano recital featuring a World Premiere by Michael Brown; TOKYO TO NEW YORK Moments in this Time (Live World Premiere); CELEBRATING GEORGE CRUMBs 90TH…

$145Kprogram expense
03

The new ECLECTIC series, juxtaposing better known composers with underrepresented composers of different time periods featured: solo piano recitals by Marc Peloquin, Beth Levin, Rieko Aizawa, Faina Lushtak, and Asiya Korepanova; a solo violin recital by Daniel Kogan; violin/piano recitals by Mark Peskanov and Doris Stevenson; the Amernet…

$46Kprogram 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 FY2022 990, line by line.

1The main four
Money inPt VIII
$621K
Ln 12
Gifts and grantsLn 1h$539K
Fees for servicesLn 2g$82K
Investment incomeLn 3$182
Money outPt IX
$719K
Ln 25
Programscol B$627K
Managementcol C$92K
Owns and owesPt X
$878K
net assets · Ln 32
Cash and savingsLn 1–2$564K
Total assetsLn 16$895K
LiabilitiesLn 26$17K
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$539K
Fees for servicesLn 2g$82K
Investment incomeLn 3$182
Gains on assetsLn 7$0
Total revenueLn 12$621K
Assets in detailPt X, end of year
CashLn 1$564K
SavingsLn 2$0
Cash and savings togetherLn 1–2$564K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$318K
Other assetsLn 15$0
Total assetsLn 16$895K
LiabilitiesLn 26$17K
Net assetsLn 32$878K
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 FY22End FY22
Cash and savingsLn 1–2$663K$564K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$340K$318K
Total assetsLn 16$1.0M$895K
LiabilitiesLn 26$26K$17K
Net assetsLn 32$977K$878K
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$215K$215K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$169K$101K$69K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$5K$5K
Payroll taxesLn 10$26K$16K$9K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$39K$39K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$12K$10K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$25K$25K
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$31K$28K$3K
Other expenses (24a–d)Ln 24$163K$163K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$719K$627K$92K$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 Viewing $621K$719K−$98K$878K 990 PDF
FY2021 $643K$787K−$144K$977K 990 PDF
FY2020 $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 FY2022 990 (6 parts)
Part I · Summary $620,885 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $594,197$538,858
I-9 Program service revenuePrior year $47,908$81,845
I-10 Investment incomePrior year $507$182
I-11 Other revenue$0
I-12 Total revenuePrior year $642,612$620,885
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $412,097$415,110
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $374,971$304,020
I-18 Total expensesPrior year $787,068$719,130
I-19 Revenue less expensesPrior year −$144,456−$98,245
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 $620,885 across 9 lines filed
VIII-1f All other contributions, gifts and grants$538,858
VIII-1h Total contributions, gifts and grants$538,858
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $81,845$81,845
VIII-3 Investment incomeRelated to mission $182$182
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 $82,027$620,885
Part IX · Statement of functional expenses $719,130 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 $214,999$214,999
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $100,601 · Management $68,770$169,371
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $5,005$5,005
IX-10 Payroll taxesPrograms $16,488 · Management $9,247$25,735
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $39,416$39,416
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $8,647$8,647
IX-13 Office expensesPrograms $9,890 · Management $2,000$11,890
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $24,907$24,907
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 $27,963 · Management $3,000$30,963
IX-24 Other expenses (24a–d)Programs $162,827$162,827
IX-24e All other expensesPrograms $3,087$3,087
IX-25 Total functional expensesPrograms $626,651 · Management $92,479 · Fundraising $0$719,130
Part X · Balance sheet $895,143 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $662,982$564,039
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$13,359
X-10c Land, buildings and equipment, netStart of year $340,028$317,745
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 $1,003,010$895,143
X-17 Accounts payable and accrued expensesStart of year $26,378$16,756
X-26 Total liabilitiesStart of year $26,378$16,756
X-27 Net assets without donor restrictionsStart of year $976,632$878,387
X-32 Total net assets or fund balancesStart of year $976,632$878,387
X-33 Total liabilities and net assetsStart of year $1,003,010$895,143
Part XI · Reconciliation of net assets $878,387 net assets at year end
XI-1 Total revenue$620,885
XI-2 Total expenses$719,130
XI-3 Revenue less expenses−$98,245
XI-4 Net assets at start of year$976,632
XI-10 Net assets at end of year$878,387

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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