Luna Composition Lab INC EIN 88-4003749 Form 990 (PDF) Claim this org

Luna Composition Lab INC FY2023 filing

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Promotes underrepresented artists in music and art, fighting prejudice and discrimination. For fiscal year 2023 it reported $329K in revenue, $274K in expenses, and $55K in net assets.Pt I

Founded
2022
Type
Public charity (501(c)(3)) · Arts & Culture
Location
New York, NY
Website
lunacompositionlab.org
Filings
2 on file (2023–2023)
Revenue
$329KFY2023
Expenses
$274K
Net assets
$55K
People
7
Filings
2
Updates
0
More identity details & actions ⌄
EIN  88-4003749 Public charity (501(c)(3)) New York, NY Founded 2022
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Promotes underrepresented artists in music and art, fighting prejudice and discrimination.
Leadership
Alyssa Kayser-Hirsh · President, Executive Director · $25K
Money in and out
$329K revenue, $274K expenses
Bottom line
57% program efficiency
Where the money goes · FY2023
Total revenue
$329K
Pt VIII · Ln 12
Total expenses
$274K
Pt IX · Ln 25
Net assets
$55K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $55K
Where spending went · Part IX cols B–D
Program services $0.57 Management & general $0.26 Fundraising $0.17
Program efficiency
57%
of spending reaches programs
Operating runway
2.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+17%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$329K
FY2023
Expenses
$274K
FY2023
Total assets
$95K
FY2023
Total liabilities
$40K
FY2023
Total revenue
$329K
Pt VIII · Ln 12
Total expenses
$274K
Pt IX · Ln 25
Net assets
$55K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$55K
Total assetsPt X · Ln 16$95K
Program-expense ratioPt IX · col B57%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLuna Composition Lab INC
EINHdr · item D88-4003749
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jlunacompositionlab.org
Year of formationHdr · item L2022
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFOct 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President, Executive Director
$25,000Pt VII · Sec A
Treasurer, Artistic Director
$0Pt VII · Sec A
Secretary, Artistic Director
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Alyssa Kayser-Hirsh’s $80K as Executive Director is at the 74th 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 · 3 named individuals · Part VII

NameFY2024FY2024FY2023
Alyssa Kayser-Hirsh$79,869$79,869$25,000
Missy Mazzoli$40,513$40,513
Ellen Reid$28,799$28,799

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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Mission & Programs · Part III

Where the work happens

2 program services account for $156K of program spending, described in the organization's own filed words · FY2022.
01

The fellowship is a year-long mentorship program and festival for young female, nonbinary and gender-nonconforming composer ages 13-18.

$102Kprogram expense
02

Adventures in sound is a series of online group composition courses for young female, nonbinary and gender-nonconforming musicians ages 13-18.

$54Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$319K · 97%
Program service revenue$10K · 3%
Contributions & grants97%$319K
Program service revenue3%$10K
Total revenueLn 12$329K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.57 Management & general $0.26 Fundraising $0.17
Program services57%$156K
Management & general26%$70K
Fundraising17%$47K
Total functional expensesLn 25$274K

Balance Sheet

Part X · end of year
CashLn 1$65K
Total assetsLn 16$95K
Total liabilitiesLn 26$40K
Total net assetsLn 32$55K
Months of cash on handcomputed2.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $65K · Operating expenses/yr $274K
2.8 months
Where the money goes
Program services
Program services $156K · Total expenses $274K
57%
Management & General
Management & general $70K · Total expenses $274K
26%
Fundraising
Fundraising $47K · Total expenses $274K
17%
Cost to raise $1
Fundraising expense $47K · Solicited contributions $319K
$0.15 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $319K · Total revenue $329K
97%
Government reliance
Government grants — · Total revenue $329K
Earned-income share
Program service revenue $10K · Total revenue $329K
3%
Investment reliance
Investment income $0 · Total revenue $329K
0%
Program self-sufficiency
Program service revenue $10K · Total expenses $274K
4%
Growth & trend
Revenue growth (YoY)
This year $329K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $55K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $329K · Expenses $274K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $95K
Net-asset ratio
Net assets $55K · Total assets $95K
58%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $95K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alyssa Kayser-Hirsh · Reported title PRESIDENT, EXECUTIVE DIRECTOR · Highest reported compensation $25K · Total expenses $274K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $152K · Total expenses $274K
56%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 57%
Overhead ratio 26%
Fundraising cost ratio 15%
Accounting fee ratio 2%

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.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$10K
Grants paid · 3 grants · $36K · 2022–2024
Unitemized GrantFY2024$15,330
Unitemized GrantFY2023$12,557
Unitemized GrantFY2022$8,501

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$486K revenue · ⤓ 990 PDF
FY2023$329K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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