Arts, Culture & Humanities
(A68Z)
IRS Verified
DX Registered
990 on File
MUSICARES FOUNDATION INC
Financial strength (30%)
71/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
MusiCares provides a safety net of critical assistance for music people in times of need. MusiCares' services and resources cover a wide range of financial, medical and personal emergencies, and each case is treated with integrity and confidentiality. MusiCares also focuses the resources and attention of the music industry on human service issues that directly influence the health and welfare of the music community.
Financial Overview — FY 2025
$28.8M
Total Revenue
$25.2M
Total Expenses
$37.0M
Net Assets
41
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.9%
Fundraising Efficiency
122.8%
Operating Reserve
17.67x
Liability-to-Asset
3.5%
Revenue Diversification
102.4%
Executive Compensation
$724K
Compared with Peers
FY 2025
Compared with 273 similar organizations
(United States, Arts, Culture & Humanities, $10M–$100M 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
|
87.9% | 79.1% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.9% | 13.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.2% | 6.4% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
122.8% | 763.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
17.7 mo | 30.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.5% | 14.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
102.4% | 65.5% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
105.4% | 8.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
112.9% | 4.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
12.7% | 5.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $28.8M | $25.2M | $37.0M | 87.9% | 41 |
| 2024 | $14.0M | $11.8M | $32.7M | 74.8% | 38 |
| 2023 | $15.3M | $12.8M | $29.2M | 74.9% | 36 |
| 2022 | $12.4M | $11.8M | $25.9M | 74.5% | 30 |
| 2021 | $25.9M | $15.4M | N/A | — | 22 |
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