Arts, Culture & Humanities
(A68Z)
990 on File
SUMMER MUSIC ASSOCIATES
Financial strength (30%)
96/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$101K
Total Revenue
$62K
Total Expenses
$308K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.3%
Fundraising Efficiency
N/A
Operating Reserve
60.05x
Liability-to-Asset
N/A
Revenue Diversification
36.1%
Compared with Peers
FY 2024
Compared with 11,905 similar organizations
(United States, Arts, Culture & Humanities, under $100K 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
|
78.3% | 82.6% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
60.1 mo | 16.5 mo |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
36.1% | 89.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
40.9% | 1.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.4% | 1.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
39.0% | 9.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $101K | $62K | $308K | 78.3% | — |
| 2023 | $72K | $57K | $268K | 100.0% | — |
| 2022 | $68K | $64K | $230K | 100.0% | — |
| 2021 | $30K | $6K | N/A | — | 1 |
| 2020 | $6K | $5K | N/A | — | 1 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.