Charity Search / LAUREL SCHOOL OF MUSIC
Arts, Culture & Humanities (A6E) 990 on File

LAUREL SCHOOL OF MUSIC

EIN: 41-2002832 · SAINT PAUL, MN 55104-6206 · United States · FY 2025 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$1.7M
Total Revenue
$1.6M
Total Expenses
$24K
Net Assets
68
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 81.8%
Fundraising Efficiency N/A
Operating Reserve 0.18x
Liability-to-Asset 98.8%
Revenue Diversification 51.7%
Executive Compensation $73K
Compared with Peers
FY 2025
Compared with 1,930 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M 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
81.8% 77.7%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
13.4% 14.2%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
4.8% 5.9%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
0.2 mo 15.8 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
98.8% 11.4%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
51.7% 70.6%
P10P90
Top quarter
Surplus margin
Surplus as a share of revenue
2.5% 0.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $1.7M $1.6M $24K 81.8% 68
2023 $672K $846K $34K 73.0% 65
2022 $626K $728K $208K 69.6% 54
2021 $784K $652K N/A — 48
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Organization Details
EIN
41-2002832
State
MN
City
SAINT PAUL
ZIP
55104-6206
Classification
A6E
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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