Arts, Culture & Humanities
(A68)
IRS Verified
DX Registered
990 on File
DEDHAM SCHOOL OF MUSIC INCORPORATED
Financial strength (30%)
93/100
Reliability (20%)
50/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The Dedham School of Music's mission is to culturally enrich the town of Dedham and surrounding communities by providing a supportive environment for musicians of all ages and abilities to perform, create, appreciate and learn to play music, regardless of financial status.
Financial Overview — FY 2025
$342K
Total Revenue
$327K
Total Expenses
$90K
Net Assets
15
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.9%
Fundraising Efficiency
N/A
Operating Reserve
3.31x
Liability-to-Asset
5.7%
Revenue Diversification
52.1%
Executive Compensation
$72K
Compared with Peers
FY 2025
Compared with 7,068 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
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
|
82.9% | 81.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.9% | 13.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.2% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.3 mo | 9.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.7% | 1.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
52.1% | 77.2% |
P10P90
|
Top quarter |
|
Surplus margin
Surplus as a share of revenue
|
4.6% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $342K | $327K | $90K | 82.9% | 15 |
| 2023 | $246K | $226K | $89K | 82.7% | 15 |
| 2022 | $234K | $175K | $69K | 83.5% | 17 |
| 2021 | $195K | $174K | N/A | — | 16 |
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