Arts, Culture & Humanities
(A25)
IRS Verified
DX Registered
990 on File
YOUTH MUSIC PROJECT
Financial strength (30%)
70/100
Reliability (20%)
50/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Youth Music Project’s mission is to provide outstanding rock, pop, and country music education for youth by offering tuition assistance, instrument rental, and exceptional, state-of-the-art performance opportunities! Youth Music Project was founded on two beliefs: music is essential to child development, and all children deserve access to quality musical experiences. We’re not just a music school; at the heart of our organization is the desire to build capable, confident, and creative young s
Financial Overview — FY 2024
$2.0M
Total Revenue
$2.3M
Total Expenses
$1.2M
Net Assets
68
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.8%
Fundraising Efficiency
509.4%
Operating Reserve
6.35x
Liability-to-Asset
11.8%
Revenue Diversification
54.7%
Executive Compensation
$136K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M 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
|
82.8% | 77.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.0% | 14.4% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
11.2% | 5.4% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
509.4% | 240.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.4 mo | 16.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
11.8% | 10.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
54.7% | 74.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-17.8% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.8% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-11.8% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.0M | $2.3M | $1.2M | 82.8% | 68 |
| 2023 | $2.5M | $2.0M | $1.5M | 81.7% | 64 |
| 2022 | $1.4M | $1.9M | $992K | 82.5% | 75 |
| 2021 | $2.1M | $1.6M | N/A | — | 60 |
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