Overview

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Est.

1979

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

TROY SAVINGS BANK MUSIC HALL CORPORATION is a Troy-based nonprofit focused on music and performing arts, with a mission to enrich the community and inspire passion for the creative arts through diverse, inclusive cultural experiences, performances, collaboration, community events, and education. In filing year 2025, it reported an operating budget of $2.4M and total revenue of $10.4M, with major support from THE TROY SAVINGS BANK CHARITABLE FO, THE TROY SAVINGS BANK MUSIC HALL FO, and THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC.

Mission Statement

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.
Revenues
$5.5M
Expenses
$3.3M
Net Income:
+$2.2M
Assets
$5.1M
Liabilities
$1.7M
Net Assets:
+$3.4M
Operating Budget
$3.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
9
Median grant size
$5K
Largest grant received
$307.2K
J
Jon Elbaum
Board Member
S
Scott Sauer
Board Member
A
Alan J Goldberg
Board Member
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  • 19 funders
  • 35 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is TROY SAVINGS BANK MUSIC HALL CORPORATION’s budget?
In 2024, TROY SAVINGS BANK MUSIC HALL CORPORATION reported an annual operating budget of around $3.3 million. More detailed financial information is available to registered users.
What causes does TROY SAVINGS BANK MUSIC HALL CORPORATION support?
TROY SAVINGS BANK MUSIC HALL CORPORATION supports work in Music and Performing arts.
Where does TROY SAVINGS BANK MUSIC HALL CORPORATION operate?
TROY SAVINGS BANK MUSIC HALL CORPORATION is headquartered in TROY, NY.
Who funded TROY SAVINGS BANK MUSIC HALL CORPORATION recently?
In 2024, TROY SAVINGS BANK MUSIC HALL CORPORATION received grants from THE TROY SAVINGS BANK MUSIC HALL FO, UPSTATE THEATER COALITION FOR A FAIRGAME INC, and THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC. More information on this organization’s funders is available to registered users.
What is the largest grant TROY SAVINGS BANK MUSIC HALL CORPORATION received in 2024?
The largest grant to TROY SAVINGS BANK MUSIC HALL CORPORATION in 2024 exceeds $307 thousand.
What is TROY SAVINGS BANK MUSIC HALL CORPORATION’s reliance on government grants?
TROY SAVINGS BANK MUSIC HALL CORPORATION relied on government grants for more than 10% of their total revenue in 2024.