Uncategorized IRS Verified DX Registered 990 on File

SAVE THE MUSIC FOUNDATION

EIN: 13-6089816 · NEW YORK, NY 10018-0891 · United States · FY 2025 Data

4 out of 5 79 / 100 Based on 2+ years of filings

Financial strength (30%) 67/100

Reliability (20%) 79/100

Effectiveness (25%) 97/100

Impact (25%) 75/100

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

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CharityAI™ Score

out of 100

Mission Statement

Save The Music Foundation (STM) is a leading 501c3 nonprofit dedicated to helping students, schools, and communities reach their full potential through the power of making music. Since 1997, STM has worked to address systemic inequities in music education by investing in culturally rich American communities - supporting music teachers and donating musical instruments, equipment and technology to public schools.

Financial Overview — FY 2025

$9.0M

Annual Budget

$7.8M

Total Revenue

$8.1M

Total Expenses

$6.7M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 76.5%

Fundraising Efficiency 7223.8%

Operating Reserve 9.93x

Liability-to-Asset 19.6%

Revenue Diversification 98.8%

Executive Compensation $821K

Compared with Peers

Peer comparison is not available for this organization.

CharityAI™ Evaluation — 2026

79 / 100

Financial

Reliability

Effectiveness

Impact

Financial Strength (30%) 77

Reliability & Transparency (20%) 79

Program Effectiveness (25%) 86

Impact & Outcomes (25%) 75

74,791 served annually $103 per beneficiary 1 programs 16 staff

IRS Verified Form 990 on File 80% Data Complete

Impact

1 program

Outcome / Program	People Served	Cost / Service	# Completed	Duration
In Fall 2025, STM delivered 23,437 instruments to 100 schools in 18 communities nationwide.	74,791	$103.31	—	Per Year

Geographic Reach

National 100%

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$7.8M	$8.1M	$6.7M	76.5%	21
2024	$10.7M	$9.0M	$6.7M	79.8%	21
2023	$8.8M	$8.8M	$5.0M	82.3%	21
2022	$8.2M	$8.0M	$5.0M	81.2%	19
2021	$8.2M	$5.2M	N/A	—	17

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Organization Details

EIN: 13-6089816
State: NY
City: NEW YORK
ZIP: 10018-0891
Rating: 4★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1997
Foundation Code: 15
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

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
An organization that is not in good standing with its registry (for example a revoked tax exemption) is shown as Not rated.
"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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