Arts, Culture & Humanities
(A6E0)
IRS Verified
DX Registered
990 on File
PHOENIX CONSERVATORY OF MUSIC
Financial strength (30%)
84/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
70/100
83
CharityAI™ Score
out of 100
Mission Statement
The Phoenix Conservatory of Music’s mission is to unleash the power of music by providing high quality music education and experiences to students and families that is affordable and accessible. We fill our mission by providing community education programs and classes, after school programs for at risk populations, private music lessons, ensembles and a unique college preparatory program in affiliation with Berklee College of Music’s Berklee City Music Network and other higher education institutional and community partnerships.
Financial Overview — FY 2024
$1.7M
Annual Budget
N/A
Total Revenue
N/A
Total Expenses
N/A
Net Assets
N/A
Employees
Program Expense Ratio
N/A
Fundraising Efficiency
0.0%
Operating Reserve
N/A
Liability-to-Asset
0.0%
Revenue Diversification
N/A
Compared with Peers
FY 2023
Compared with 4,647 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
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
|
87.6% | 77.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.4% | 14.6% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.1% | 5.5% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.3 mo | 16.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
21.9% | 10.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
65.9% | 74.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
7.9% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
51.3% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-9.0% | -0.9% |
P10P90
|
CharityAI™ Evaluation — 2025
83 / 10078
Financial
84
Reliability
100
Effectiveness
70
Impact
Financial Strength (30%)
78
Reliability & Transparency (20%)
84
Program Effectiveness (25%)
100
Impact & Outcomes (25%)
70
5,758 served annually
$584 per beneficiary
3 programs
53 staff
IRS Verified Form 990 on File 95% Data Complete
Impact
3 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Provided critical skill sets in music education, character development, and social skills | 2,136 | $584.00 | — | Per Month |
| Provided school-based critical skill sets in music education, character development and social skill | 2,112 | $584.00 | — | Per Month |
| Same outcomes as below and 1,747 (82%) of students in programs received financial assistance | 1,510 | $584.00 | — | Per Month |
Geographic Reach
Local 100%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | N/A | N/A | N/A | — | — |
| 2023 | $1.1M | $1.2M | $514K | 87.6% | 72 |
| 2022 | $994K | $772K | $610K | 83.5% | 51 |
| 2021 | $846K | $577K | N/A | — | 38 |
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