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Arts, Culture & Humanities (A68) 990 on File

FREE GUITARS 4 KIDS

EIN: 84-3584931 · MINNEAPOLIS, MN 55416-2783 · United States · FY 2025 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 82/100
Reliability (20%) 45/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$713K
Total Revenue
$709K
Total Expenses
$157K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 88.0%
Fundraising Efficiency N/A
Operating Reserve 2.65x
Liability-to-Asset 6.1%
Revenue Diversification 100.0%
Executive Compensation $129K
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
88.0% 81.9%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
7.5% 13.8%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
4.5% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
2.7 mo 9.5 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
6.1% 1.5%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 77.8%
P10P90
Bottom quarter
Surplus margin
Surplus as a share of revenue
0.5% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $713K $709K $157K 88.0% 1
2023 $369K $290K $137K 55.7% 1
2022 $204K $148K $58K 57.2% 1
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Organization Details
EIN
84-3584931
State
MN
City
MINNEAPOLIS
ZIP
55416-2783
Classification
A68
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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