Arts, Culture & Humanities
(A6E0)
IRS Verified
DX Registered
990 on File
SOUTH SHORE CONSERVATORY OF MUSIC INC
Financial strength (30%)
65/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To provide access to exceptional arts education and performance for the South Shore community, fostering creativity, artistic growth, and well-being for individuals of all ages, backgrounds and abilities, reflects the full scope of opportunities and aspirations for which it strives.
Financial Overview — FY 2025
$3.8M
Total Revenue
$5.1M
Total Expenses
$2.0M
Net Assets
108
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.1%
Fundraising Efficiency
N/A
Operating Reserve
4.56x
Liability-to-Asset
63.3%
Revenue Diversification
76.4%
Executive Compensation
$124K
Compared with Peers
FY 2025
Compared with 1,930 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M 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
|
70.1% | 77.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
26.6% | 14.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.3% | 5.9% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.6 mo | 15.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
63.3% | 11.4% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
76.4% | 70.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-11.5% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.4% | 5.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-35.4% | 0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $3.8M | $5.1M | $2.0M | 70.1% | 108 |
| 2024 | $4.3M | $5.1M | $3.3M | 68.5% | 114 |
| 2023 | $4.1M | $5.0M | $3.7M | 63.2% | 118 |
| 2022 | $4.8M | $4.8M | $4.4M | 60.0% | 116 |
| 2021 | $3.9M | $4.5M | N/A | — | 135 |
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