Arts, Culture & Humanities (A610) IRS Verified DX Registered 990 on File

THE CARNEGIE HALL CORPORATION

EIN: 13-1923626 · NEW YORK, NY 10019-3210 · United States · FY 2025 Data

3 out of 5 56 / 100 Based on 2+ years of filings

Financial strength (30%) 83/100

Reliability (20%) 55/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2025 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

Carnegie Hall’s mission is to present extraordinary music and musicians on the three stages of this legendary hall, to bring the transformative power of music to the widest possible audience, to provide visionary education programs, and to foster the future of music through the cultivation of new works, artists, and audiences.

Financial Overview — FY 2025

$101.8M

Total Revenue

$124.9M

Total Expenses

$482.5M

Net Assets

957

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 72.8%

Fundraising Efficiency 1382.4%

Operating Reserve 46.37x

Liability-to-Asset 27.3%

Revenue Diversification 44.7%

Executive Compensation $7.9M

Compared with Peers

FY 2025

Compared with 12 similar organizations (United States, Arts, Culture & Humanities, $100M and over in expenses), FY 2025.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	72.8%	79.1%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	20.9%	11.2%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	6.3%	4.5%	P10P90	Below median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	1382.4%	1405.0%	P10P90	Above median
Operating reserve Months of expenses covered by net assets · higher is better	46.4 mo	14.0 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	27.3%	32.5%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	44.7%	63.8%	P10P90	Top quarter
Revenue growth Year over year revenue growth	12.5%	7.1%	P10P90
Expense growth Year over year expense growth	5.0%	3.4%	P10P90
Surplus margin Surplus as a share of revenue	-22.6%	1.9%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$101.8M	$124.9M	$482.5M	72.8%	957
2024	$90.5M	$118.9M	$471.5M	73.1%	948
2023	$72.8M	$110.6M	$465.8M	72.9%	825
2022	$90.5M	$100.6M	$465.1M	71.4%	663
2021	$55.3M	$66.5M	N/A	—	635

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Organization Details

EIN: 13-1923626
State: NY
City: NEW YORK
ZIP: 10019-3210
Classification: A610
Category: Arts, Culture & Humanities
Rating: 3★
Coverage: A
Last Updated: Aug 2026
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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