Lyra Music Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF LYRA MUSIC IS TO ENRICH THE LIVES OF YOUTH AND BUILD COMMUNITY THROUGH CLASSICAL MUSIC. FOUNDED IN 2010 WITH A VISION OF ENHANCING THE LIVES OF YOUNG MUSICIANS AND ENRICHING COMMUNITIES THROUGH CLASSICAL MUSIC TRAINING AND PERFORMANCE, LYRA MUSIC SUPPORTS THE MUSICAL, EMOTIONAL AND PERSONAL DEVELOPMENT OF EVERY PARTICIPANT THROUGH A NURTURING, NON-COMPETITIVE ENVIRONMENT WHERE EACH STUDENT IS ENCOURAGED TO REACH THEIR FULL POTENTIAL. LYRA MUSIC PRODUCES AN ANNUAL SUMMER WORKSHOP AND MUSIC FESTIVAL AS WELL AS A YOUTH MUSIC COMPETITION FOR STRING PLAYERS AND PIANISTS.LYRA STUDENTS ARE YOUNG MUSICIANS, AGES 11-18, IMMERSED IN A SUPPORTIVE, NURTURING COMMUNITY WHERE THEY LIVE, WORK, AND PLAY WITH THEIR PEERS AND THE DEDICATED LYRA FACULTY AND STAFF.
- Income
- $123,110
- Spending
- $126,593
- Reserves
- 1.9 months of spending
- Largest source of income
- fees for its services, 65%
- Highest pay
- $28,000, executive dir.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 33 out of 100. Higher than 9% of charities in its peer group (arts and culture, under $250k).
Reserves
10 of 35Spendable reserves would cover 1.9 months of spending.
Debt
5 of 20It owes 58% of what it owns.
Living within its means
8 of 15Spending exceeded income by 3% of income.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $97,830 spent. LYRA MUSIC YOUNG ARTIST PERFORMANCE PROGRAM IS A 2-WEEK, CONSERVATORY-STYLE, RESIDENTIAL CLASSICAL MUSIC PROGRAM HELD AT THE STORM KING SCHOOL IN CORNWALL-ON-HUDSON, NY IN JUNE/JULY. LYRA PARTICIPANTS ARE IMMERSED IN A SUPPORTIVE, NURTURING COMMUNITY WHERE THEY LIVE, WORK AND PLAYWITH THEIR PEERS AND THE DIDICATED LYRA FACULTY AND STAFF. THE PROGRAM IS GEARED TOWARD THE INTENSIVE STUDY AND PERFORMANCE OF SOLO AND CHAMBER REPERTOIRE AND INCLUDES PERFORMANCE IN MULTIPLE OUTREACH CONCERT ENGAGING WITH THE COMMUNITY AS WELL AS OPPORTUNITIES TO OBSERVE OR PARTICIPATELYRA MUSIC PROVIDES FINANCIAL AIDS AND SCHOLARSHIPS IN THE FORM OF REDUCTIONS IN REGISTRATION FEES, TUITION, ROOM AND BOARD TO STUDENTS WHO NEED FINANCIAL ASSISTANCE TO ATTEND THE PROGRAM
- THE LYRA MUSIC YOUTH COMPETITION ON HIATUS IN 2025
- $14,248 spent. THE LYRA MUSIC FESTIVAL IS AN OUTSTANDING SERIES OF SUMMER CLASSICAL MUSIC EVENTS BASED IN HUDSON VALLEY, NY (FORMALLY BASED IN NORTHAMPTON MA). EACH SUMMER LYRA MUSIC BRINGS TOGETHER WORLD CLASS MUSICIANS, OUTSTANDING YOUNG STRING PLAYERS AND PIANISTS AND AN EXCEPTIONAL FACULTY OF PROFESSIONAL MUSICIANS AND EDUCATORS FOR CONCERTS, MASTER CLASSES AND OUTREACH PERFORMANCES.LYRA MUSIC FESTIVAL GUEST ARTISTS HAVE INCLUDED MUSICIANS SUCH AS SIMONE DINNERSTEAIN, FREDERIC CHIU, MATTHEW ZALKIND, ITAMAR ZORMAN, SIBBI BERNHARDSSON, MICHAEL BROWN, DANE JOHANSEN, SPENCER MYER, ALEXI KENNEY, MELISSA WHITE, AND THE HORSZOSKI TRIOTHE MASTERCLASSES ASPECT OF OUR MUSIC FESTIVAL PROVIDES LYRA FESTIVAL AUDIENCES TO GO BEHIND-THE-SCENES,ATTEND MASTER CLASSES WHERE THEY WILL HEAR LYRA MUSIC YOUNG ARTIST PERFORMANCE PROGRAM STUDENTS PERFORM AND WATCH AS THESE STUDENTS RECEIVE ONE-ON-ONE COACHING WITH LYRA MUSIC GUEST ARTISTS.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.