Arts, Culture & Humanities
(A68)
990 on File
ASBURY PARK MUSIC FOUNDATION INC
Financial strength (30%)
81/100
Reliability (20%)
50/100
Effectiveness (25%)
68/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$581K
Total Revenue
$484K
Total Expenses
$314K
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
71.7%
Fundraising Efficiency
N/A
Operating Reserve
7.78x
Liability-to-Asset
2.9%
Revenue Diversification
93.2%
Compared with Peers
FY 2025
Compared with 8,038 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
|
71.7% | 81.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.9% | 13.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
11.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.8 mo | 9.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.9% | 1.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.2% | 77.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-30.0% | 6.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-49.8% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
16.7% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $581K | $484K | $314K | 71.7% | 4 |
| 2024 | $830K | $964K | $217K | 76.3% | 4 |
| 2023 | $1.1M | $967K | $351K | 70.4% | 6 |
| 2022 | $603K | $651K | $253K | 64.5% | 1 |
| 2021 | $623K | $610K | N/A | — | 1 |
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