Arts, Culture & Humanities
(A6B)
990 on File
MILLENNIAL MUSIC
Financial strength (30%)
66/100
Reliability (20%)
40/100
Effectiveness (25%)
82/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$2.6M
Total Revenue
$2.8M
Total Expenses
$30K
Net Assets
30
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.7%
Fundraising Efficiency
N/A
Operating Reserve
0.13x
Liability-to-Asset
92.8%
Revenue Diversification
94.6%
Executive Compensation
$616K
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
|
87.7% | 77.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.2% | 14.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.1% | 5.5% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.1 mo | 16.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
92.8% | 10.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.6% | 74.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
4.1% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.0% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-6.5% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $2.6M | $2.8M | $30K | 87.7% | 30 |
| 2022 | $2.5M | $2.6M | $198K | 87.9% | 30 |
| 2021 | $1.9M | $1.8M | N/A | — | 30 |
| 2020 | $1.9M | $2.1M | N/A | — | 31 |
| 2019 | $2.1M | $2.2M | N/A | — | 28 |
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