Charity Search / COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC
Arts, Culture & Humanities (A80) 990 on File

COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC

EIN: 16-0703048 · BUFFALO, NY 14203-1629 · United States · FY 2024 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 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$4.3M
Total Revenue
$249K
Total Expenses
$4.7M
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.0%
Fundraising Efficiency N/A
Operating Reserve 228.28x
Liability-to-Asset 13.5%
Revenue Diversification 99.1%
Executive Compensation $800
Compared with Peers
FY 2024
Compared with 12,711 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
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
93.0% 82.0%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
6.6% 14.1%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.4% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
228.3 mo 9.8 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
13.5% 1.8%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
99.1% 79.8%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
777.3% 8.1%
P10P90
Expense growth
Year over year expense growth
-7.9% 8.8%
P10P90
Surplus margin
Surplus as a share of revenue
94.2% 1.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $4.3M $249K $4.7M 93.0% 3
2023 $491K $270K $1.6M 89.7% 1
2022 $561K $185K $1.4M 87.0% 1
2021 $91K $139K N/A 0
2020 $1.1M $64K N/A 0
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Organization Details
EIN
16-0703048
State
NY
City
BUFFALO
ZIP
14203-1629
Classification
A80
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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