Nonprofit · EIN 51-0066934
THE MUSIC SCHOOL OF DELAWARE INC
Tax-exempt · WILMINGTON, DE 19802
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,955,501 | $3,261,506 | -$306,005 | $15,473,623 | $1,504,661 | $13,968,962 |
| June 30, 2024 | 990 | $2,828,609 | $3,952,024 | -$1,123,415 | $14,607,288 | $1,445,230 | $13,162,058 |
| June 30, 2023 | 990 | $2,629,552 | $3,612,122 | -$982,570 | $14,411,363 | $1,363,734 | $13,047,629 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $672,260
- of which government grants
- $235,456
- Program service revenue
- $1,635,969
- Investment income
- $4,036
- Other revenue
- $643,236
Expenses
- Grants and similar amounts paid
- $202,839
- Compensation of officers, directors and key employees
- $125,097
- Other salaries and wages
- $1,497,598
- Salaries, compensation and benefits (total)
- $1,944,423
- Professional fundraising fees
- $0
- Accounting fees
- $21,748
- Occupancy
- $136,650
- Travel
- $1,017
- Depreciation
- $178,480
- Program services (functional)
- $2,049,001
- Management and general (functional)
- $951,099
- Fundraising (functional)
- $261,406
Balance sheet and other
- Total assets, start of year
- $14,607,288
- Total assets, end of year
- $15,473,623
- Total liabilities, end of year
- $1,504,661
- Net assets, end of year
- $13,968,962
- Land, buildings and equipment
- $2,530,591
- Publicly traded securities
- $11,764,026
- Net assets without donor restrictions
- $2,500,672
- Net assets with donor restrictions
- $11,468,290
- Gross receipts
- $2,955,501
- Employees
- 138
- Volunteers
- 62
- Year formed
- 1924
- State of legal domicile
- DE
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 | Other / benefits |
|---|---|---|---|---|
| STEPHEN BEAUDOIN | PRESIDENT AND CEO (THRU 10/24) Officer | 50 | $42,020 | $3,077 |
| TERESA AVERY | INTERIM CEO (EFF 11/24) Officer | 40 | $20,000 | $0 |
| LAWRENCE A HAMERMESH | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| SUSAN BOOKER | MEMBER Trustee or director | 5 | $0 | $0 |
| ROBERT RINALDI | MEMBER Trustee or director | 5 | $0 | $0 |
| JONATHAN H SALVIN MD | MEMBER Trustee or director | 5 | $0 | $0 |
| CHRIS STOUT | BOARD CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| BRUCE DITTMAR PHD | MEMBER EMERITUS Trustee or director | 5 | $0 | $0 |
| MARIE STEWART | DIRECTOR EMERITA Trustee or director | 5 | $0 | $0 |
| JENNIFER CRESSWELL | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ELYSE POINSETT | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| NINA ANDERSON DNP | MEMBER Trustee or director | 5 | $0 | $0 |
| JOHN G DAY | MEMBER Trustee or director | 5 | $0 | $0 |
| DAVID L DEVOLL | MEMBER Trustee or director | 5 | $0 | $0 |
| KATHY NACHBAR | MEMBER Trustee or director | 5 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH STOUT | MEMBER Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATE RANSOM | PRESIDENT AND CEO (THRU 1/24) Officer | 50 | $117,500 | $19,104 |
| RICHARD FACCIOLO | BOARD CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| HOLLY LISSNER | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| LAWRENCE A HAMERMESH | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| NINA ANDERSON | MEMBER Trustee or director, Officer | 5 | $0 | $0 |
| JANE E AUSTIN | MEMBER Trustee or director | 5 | $0 | $0 |
| SUSAN BOOKER | MEMBER Trustee or director | 5 | $0 | $0 |
| JAN E CHRISTOPHER | MEMBER Trustee or director | 5 | $0 | $0 |
| CLAIRMARIE FIELD | MEMBER Trustee or director | 5 | $0 | $0 |
| ROBERT RINALDI | MEMBER Trustee or director | 5 | $0 | $0 |
| JONATHAN H SALVIN MD | MEMBER Trustee or director | 5 | $0 | $0 |
| CHRIS STOUT | MEMBER Trustee or director | 5 | $0 | $0 |
| BRUCE DITTMAR | MEMBER EMERITUS Trustee or director | 5 | $0 | $0 |
| MARIE STEWART | DIRECTOR EMERITUS Trustee or director | 5 | $0 | $0 |
| DAVID BROWN | MEMBER Trustee or director | 5 | $0 | $0 |
| SCOTT BURRIS | MEMBER Trustee or director | 5 | $0 | $0 |
| PETER COMPO | MEMBER Trustee or director | 5 | $0 | $0 |
| THOMAS L COVER | MEMBER Trustee or director | 5 | $0 | $0 |
| JOHN EB DU PONT | MEMBER Trustee or director | 5 | $0 | $0 |
| VERONICA F EID | MEMBER Trustee or director | 5 | $0 | $0 |
| DAVID C MCBRIDE | MEMBER Trustee or director | 5 | $0 | $0 |
| DINA NEIMAN-ABDESALAM | MEMBER Trustee or director | 5 | $0 | $0 |
| STEPHEN BEAUDOIN | PRESIDENT AND CEO (EFF 2/24) Officer | 50 | $0 | $0 |
990 for the year ended June 30, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATE RANSOM | PRESIDENT AND CEO Officer | 50 | $116,280 | $33,219 |
| RICHARD FACCIOLO | BOARD CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| JOHN DU PONT | FIRST VICE CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| HOLLY LISSNER | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| SCOTT BURRIS | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| NINA ANDERSON | MEMBER Trustee or director | 5 | $0 | $0 |
| JANE E AUSTIN | MEMBER Trustee or director | 5 | $0 | $0 |
| SUSAN BOOKER | MEMBER Trustee or director | 5 | $0 | $0 |
| DAVID B BROWN | MEMBER Trustee or director | 5 | $0 | $0 |
| JAN E CHRISTOPHER | MEMBER Trustee or director | 5 | $0 | $0 |
| PETER COMPO | MEMBER Trustee or director | 5 | $0 | $0 |
| THOMAS COVER | MEMBER Trustee or director | 5 | $0 | $0 |
| BRUCE DITTMAR | MEMBER EMERITUS Trustee or director | 5 | $0 | $0 |
| VERONICA EID | MEMBER Trustee or director | 5 | $0 | $0 |
| CLAIRMARIE FIELD | MEMBER Trustee or director | 5 | $0 | $0 |
| LAWRENCE A HAMERMESH | MEMBER Trustee or director | 10 | $0 | $0 |
| DAVID C MCBRIDE | MEMBER Trustee or director | 5 | $0 | $0 |
| DINA NEIMAN-ABDESALAM | MEMBER Trustee or director | 5 | $0 | $0 |
| JONATHAN H SALVIN MD | MEMBER Trustee or director | 5 | $0 | $0 |
| MARIE STEWART | DIRECTOR EMERITUS Trustee or director | 5 | $0 | $0 |
| CHRIS STOUT | MEMBER Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4101 N WASHINGTON ST, WILMINGTON, DE 19802-2151
- Principal officer (990 for 2024)
- CHRIS STOUT, 4101 WASHINGTON STREET, WILMINGTON, DE 198022151
- Signed the 990
- CHRIS STOUT, BOARD CHAIR
- Phone
- (302) 762-1132
- Return prepared by
- BARBACANE THORNTON & COMPANY LLP
Mission
IT IS THE MISSION OF THE MUSIC SCHOOL OF DELAWARE TO PROVIDE EXCELLENCE IN MUSIC EDUCATION, TRAINING, AND EXPERIENCES FOR PEOPLE OF ALL AGES AND ABILITIES.
Program accomplishments
- IN FY25, THE MUSIC SCHOOL OF DELAWARE SERVED YOUTH AND ADULT STUDENTS THROUGH OUR STATEWIDE ARRAY OF COMMUNITY MUSIC EDUCATION PROGRAMS, OFFERED AT EIGHT LOCATIONS IN URBAN, EXURBAN, AND RURAL COMMUNITIES. WE ARE PROUD TO HAVE PROVIDED HIGH-QUALITY ONE-ON-ONE PERSONALIZED MUSIC INSTRUCTION THROUGH PRIVATE LESSONS; TO HAVE SUPPORTED STUDENTS IN DEVELOPING THEIR SKILLS AND CREATIVE EXPRESSION THROUGH ENSEMBLE PROGRAMS LIKE DELAWARE YOUTH SYMPHONY, CANTABILE WOMEN'S CHORALE, AND WILMINGTON COMMUNITY ORCHESTRA; AND THROUGH INTENSIVE AND FAMILY-FOCUSED MUSIC EDUCATION PROGRAMS LIKE MELODY (FREE MUSIC EDUCATION FOR UNDERSERVED WILMINGTON YOUTH), SUZUKI (RESEARCH-PROVEN YOUTH DEVELOPMENT PROGRAM), AND EARLY CHILDHOOD (SUPPORTING AGES SIX MONTHS TO FIVE YEARS IN MOTOR SKILL AND FAMILY BONDING THROUGH MUSIC EDUCATION). IN FY22, THE MUSIC SCHOOL RECEIVED A BEQUEST OF $10 MILLION TO ESTABLISH THE NORTHROP ENDOWED FUND FOR MUSIC EDUCATION. INCOME FROM THAT FUND CAN BE APPLIED ONLY TO CERTAIN SCHOLARSHIPS IN LIMITED AMOUNTS AND FOR NO MORE THAN TWO YEARS FOR ANY STUDENT, AND FOR ADMINISTRATIVE EXPENSES OF THE FUND, AND THE FUND'S PRINCIPAL CANNOT BE USED FOR OPERATING EXPENSES. ACCORDINGLY, THE TERMS OF THE BEQUEST SIGNIFICANTLY LIMIT THE EXTENT OF FINANCIAL BENEFIT TO THE MUSIC SCHOOL. IN 2025, THE MUSIC SCHOOL CELEBRATED A CENTURY OF PROVIDING MUSIC EDUCATION FOR OUR COMMUNITY.Expenses $2,049,001 · grants $202,839 · revenue $1,635,969
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
- 51-0066934
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1941
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A6E0)
- Assets (IRS master file)
- $15,473,623
- Income (IRS master file)
- $2,955,501
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,955,501 | $3,261,506 | $15,473,623 | XML |
| 990 | June 2024 | $2,828,609 | $3,952,024 | $14,607,288 | IRS |
| 990 | June 2023 | $2,629,552 | $3,612,122 | $14,411,363 | XML |
| 990 | June 2022 | $12,233,069 | $3,056,619 | $14,353,950 | 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 51-0066934).
Questions about THE MUSIC SCHOOL OF DELAWARE INC
- What is the EIN of THE MUSIC SCHOOL OF DELAWARE INC?
- The employer identification number (EIN) of THE MUSIC SCHOOL OF DELAWARE INC is 51-0066934.
- Is THE MUSIC SCHOOL OF DELAWARE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1941.
- Are donations to THE MUSIC SCHOOL OF DELAWARE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE MUSIC SCHOOL OF DELAWARE INC 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 THE MUSIC SCHOOL OF DELAWARE INC 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 THE MUSIC SCHOOL OF DELAWARE INC 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 THE MUSIC SCHOOL OF DELAWARE INC?
- The 990 for the year ended June 30, 2025 names CHRIS STOUT.
- Who are the officers and directors of THE MUSIC SCHOOL OF DELAWARE INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 2 received compensation from the organization, the highest $42,020 (STEPHEN BEAUDOIN, PRESIDENT AND CEO (THRU 10/24)).
- How much revenue does THE MUSIC SCHOOL OF DELAWARE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,955,501, expenses of $3,261,506 and total assets of $15,473,623 at year end.
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