Education
(B80)
IRS Verified
DX Registered
990 on File
MR HOLLANDS OPUS FOUNDATION INC
Financial strength (30%)
78/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Mr. Holland's Opus Foundation keeps music alive in our schools by donating musical instruments to under-funded music programs, giving youngsters the many benefits of music education, helping them to be better students and inspiring creativity and expression through playing music.
Financial Overview — FY 2024
$1.6M
Total Revenue
$2.1M
Total Expenses
$6.4M
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.9%
Fundraising Efficiency
N/A
Operating Reserve
36.77x
Liability-to-Asset
8.1%
Revenue Diversification
93.7%
Executive Compensation
$392K
Compared with Peers
FY 2024
Compared with 7,551 similar organizations
(United States, Education, $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
|
77.9% | 84.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.3% | 12.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
12.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
36.8 mo | 9.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
8.1% | 18.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.7% | 89.9% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-20.0% | 7.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.7% | 8.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-26.5% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.6M | $2.1M | $6.4M | 77.9% | 9 |
| 2023 | $2.1M | $1.9M | $6.6M | 81.7% | 8 |
| 2022 | $10.2M | $1.1M | N/A | — | 6 |
| 2021 | $1.2M | $1.4M | N/A | — | 6 |
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