Nonprofit · EIN 22-2270512
TROY SAVINGS BANK MUSIC HALL CORPORATION
Tax-exempt · TROY, NY 12180
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,376,889 | $2,362,488 | $8,014,401 | $14,623,837 | $3,136,568 | $11,487,269 |
| June 30, 2024 | 990 | $5,513,630 | $3,333,148 | $2,180,482 | $5,109,334 | $1,687,126 | $3,422,208 |
| June 30, 2023 | 990 | $1,798,005 | $2,182,741 | -$384,736 | $1,742,209 | $856,961 | $885,248 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,634,910
- of which government grants
- $380,300
- Membership dues
- $55,560
- Program service revenue
- $1,289,354
- Investment income
- $123,528
- Net gain from sales of assets
- $34,981
- Net income from fundraising events
- $66,349
- Other revenue
- $329,097
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $204,391
- Other salaries and wages
- $507,534
- Salaries, compensation and benefits (total)
- $809,541
- Professional fundraising fees
- $0
- Legal fees
- $12,882
- Occupancy
- $93,790
- Depreciation
- $21,885
- Program services (functional)
- $1,824,464
- Management and general (functional)
- $487,308
- Fundraising (functional)
- $50,716
Balance sheet and other
- Total assets, start of year
- $5,109,334
- Total assets, end of year
- $14,623,837
- Total liabilities, end of year
- $3,136,568
- Net assets, end of year
- $11,487,269
- Land, buildings and equipment
- $11,483,078
- Publicly traded securities
- $1,307,748
- Net assets without donor restrictions
- $5,652,522
- Net assets with donor restrictions
- $5,834,747
- Gross receipts
- $10,532,789
- Employees
- 40
- Volunteers
- 140
- Year formed
- 1979
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JON ELBAUM | EXECUTIVE DIRECTOR Officer | 40 | $115,986 |
| STACEY BRIDGE | MANAGING DIRECTOR Officer | 40 | $91,712 |
| SCOTT SAUER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DORI MCDANNOLD | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHELLE HOGAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAUL FAHEY | TREASURER Trustee or director, Officer | 1 | $0 |
| JULIA ALSARRAF | DIRECTOR Trustee or director | 1 | $0 |
| MAUREEN CLARKE | DIRECTOR Trustee or director | 1 | $0 |
| ALAN J GOLDBERG | DIRECTOR Trustee or director | 1 | $0 |
| KARL MOSCHNER | DIRECTOR Trustee or director | 1 | $0 |
| NANCY RIDER | DIRECTOR Trustee or director | 1 | $0 |
| LESLIE CHEU | DIRECTOR Trustee or director | 1 | $0 |
| LYNNE MAHONEY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JON ELBAUM | EXECUTIVE DIRECTOR Officer | 40 | $110,313 |
| STACEY BRIDGE | ASSOCIATE DIRECTOR Officer | 40 | $88,712 |
| SCOTT SAUER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DORI MCDANNOLD | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHELLE HOGAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAUL FAHEY | TREASURER Trustee or director, Officer | 1 | $0 |
| JULIA ALSARRAF | DIRECTOR Trustee or director | 1 | $0 |
| MAUREEN CLARKE | DIRECTOR Trustee or director | 1 | $0 |
| ALAN J GOLDBERG | DIRECTOR Trustee or director | 1 | $0 |
| KARL MOSCHNER | DIRECTOR Trustee or director | 1 | $0 |
| NANCY RIDER | DIRECTOR Trustee or director | 1 | $0 |
| LESLIE CHEU | MUSIC HALL FOUNDATION REP Trustee or director | 1 | $0 |
| LYNNE MAHONEY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JON ELBAUM | EXECUTIVE DI Officer | 40 | $105,988 |
| STACEY BRIDGE | ASSOCIATE DI Officer | 40 | $77,645 |
| SCOTT SAUER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DORI MCDANNOLD | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| MICHELLE HOGAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAUL FAHEY | TREASURER Trustee or director, Officer | 1 | $0 |
| JULIA ALSARRAF | DIRECTOR Trustee or director | 1 | $0 |
| MAUREEN CLARKE | DIRECTOR Trustee or director | 1 | $0 |
| ALAN J GOLDBERG | DIRECTOR Trustee or director | 1 | $0 |
| LYNNE MAHONEY | DIRECTOR Trustee or director | 1 | $0 |
| KARL MOSCHNER | DIRECTOR Trustee or director | 1 | $0 |
| NANCY RIDER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 30 2ND ST, TROY, NY 12180-3292
- Principal officer (990 for 2024)
- JON ELBAUM, 30 SECOND ST, TROY, NY 12180
- Signed the 990
- JON ELBAUM, EXECUTIVE DIRECTOR
- Phone
- (518) 273-8945
- Website
- WWW.TROYMUSICHALL.ORG
- Return prepared by
- WOJESKI & COMPANY CPA'S PC
Mission
THE MISSION OF THE TROY SAVINGS BANK MUSIC HALL CORPORATION IS TO ENRICH THE COMMUNITY AND INSPIRE PASSION FOR THE CREATIVE ARTS BY FOSTERING DIVERSE, ENGAGING, INCLUSIVE, AND TRANSFORMATIVE CULTURAL EXPERIENCES THROUGH PERFORMANCES, COLLABORATION, COMMUNITY EVENTS, AND EDUCATION.
Program accomplishments
- PRESENTATIONS - THE TROY SAVINGS BANK MUSIC HALL CORPORATION PRESENTS CONCERTS AND OTHER ENTERTAINMENT ACTIVITIES, INCLUDING MANY ANNUAL AND FREE EVENTS, IN A WIDE RANGE OF GENRES IN THE COMMUNITY AND AT THE HISTORIC TROY SAVINGS BANK MUSIC HALL.Expenses $1,354,992 · revenue $1,465,823
- RENTALS AND RECORDINGS - THE TROY SAVINGS BANK MUSIC HALL CORPORATION ACTS AS A COMMUNITY RESOURCE BY RENTING THE MUSIC HALL AND PROVIDING PRODUCTION SUPPORT SERVICES TO COMMUNITY GROUPS, PERFORMING ARTS ENTITIES, AND ARTISTS FOR PERFORMANCES AND RECORDINGSESSIONS.Expenses $264,577 · revenue $82,393
- COMMUNITY PROGRAMMING - THE TROY SAVINGS BANK MUSIC HALL CORPORATION PARTNERS WITH THE LOCAL SCHOOL SYSTEM TO PROVIDE ARTS IN EDUCATION PROGRAMMING TO THE STUDENT POPULATION IN THE REGION AND PROVIDES ADMINISTRATIVE AND PROGRAMMING SUPPORT SERVICES FOR ARTS BASED COMMUNITY GROUPS.Expenses $204,895 · revenue $3,886
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2270512
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $14,623,837
- Income (IRS master file)
- $10,532,789
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $10,376,889 | $2,362,488 | $14,623,837 | IRS |
| 990 | June 2024 | $5,513,630 | $3,333,148 | $5,109,334 | XML |
| 990 | June 2023 | $1,798,005 | $2,182,741 | $1,742,209 | XML |
| 990 | June 2022 | $2,615,236 | $2,011,314 | $2,088,126 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 22-2270512).
Questions about TROY SAVINGS BANK MUSIC HALL CORPORATION
- What is the EIN of TROY SAVINGS BANK MUSIC HALL CORPORATION?
- The employer identification number (EIN) of TROY SAVINGS BANK MUSIC HALL CORPORATION is 22-2270512.
- Is TROY SAVINGS BANK MUSIC HALL CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to TROY SAVINGS BANK MUSIC HALL CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TROY SAVINGS BANK MUSIC HALL CORPORATION 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 TROY SAVINGS BANK MUSIC HALL CORPORATION 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 TROY SAVINGS BANK MUSIC HALL CORPORATION 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 TROY SAVINGS BANK MUSIC HALL CORPORATION?
- The 990 for the year ended June 30, 2025 names JON ELBAUM.
- Who are the officers and directors of TROY SAVINGS BANK MUSIC HALL CORPORATION?
- The 990 for the year ended June 30, 2025 lists 13 people; 2 received compensation from the organization, the highest $115,986 (JON ELBAUM, EXECUTIVE DIRECTOR).
- How much revenue does TROY SAVINGS BANK MUSIC HALL CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $10,376,889, expenses of $2,362,488 and total assets of $14,623,837 at year end.
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