Charity Search / YOUTH MUSIC MONTEREY
Arts, Culture & Humanities (A68Z) 990 on File

YOUTH MUSIC MONTEREY

EIN: 94-2863607 · MONTEREY, CA 93940-2817 · United States · FY 2023 Data
3 out of 5 56 / 100 Based on one year of filings
Financial strength (30%) 81/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2023
$417K
Total Revenue
$415K
Total Expenses
$434K
Net Assets
27
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 85.8%
Fundraising Efficiency 73.1%
Operating Reserve 12.57x
Liability-to-Asset 3.0%
Revenue Diversification 70.9%
Executive Compensation $73K
Compared with Peers
FY 2023
Compared with 16,962 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M 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
85.8% 81.8%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
11.1% 14.0%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
3.1% 0.0%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
73.1% 28.6%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
12.6 mo 10.4 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
3.0% 1.9%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
70.9% 79.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
-37.7% 9.6%
P10P90
Expense growth
Year over year expense growth
7.6% 13.6%
P10P90
Surplus margin
Surplus as a share of revenue
0.5% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $417K $415K $434K 85.8% 27
2022 $669K $385K N/A 16
2021 $562K $387K N/A 17
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Organization Details
EIN
94-2863607
State
CA
City
MONTEREY
ZIP
93940-2817
Classification
A68Z
Category
Arts, Culture & Humanities
Rating
3★
Coverage
B
Last Updated
Aug 2026
Form 990
On File
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