Uncategorized IRS Verified DX Registered 990 on File

SAVE THE MUSIC FOUNDATION

EIN: 13-6089816 · NEW YORK, NY 10018-0891 · United States · FY 2025 Data

4 out of 5 79 / 100 Based on 2+ years of filings

Financial strength (30%) 67/100

Reliability (20%) 79/100

Effectiveness (25%) 97/100

Impact (25%) 75/100

Financial data: FY 2025 · Scored 9/13/2026

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Mission Statement

Save The Music Foundation is a New York 501(c)(3) nonprofit that helps kids, schools, and communities realize their full potential through the power of making music. Founded in 1997, Save The Music partners with school districts and raises funds to restore music programs in public schools. Since inception, we have donated over $56 million worth of new musical instruments to over 2,100 U.S. schools in 261 school districts around the country – impacting the lives of millions of students. Learn more about us and our efforts at savethemusic.org.

Financial Overview — FY 2025

$7.8M

Total Revenue

$8.1M

Total Expenses

$6.7M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 76.5%

Fundraising Efficiency 7223.8%

Operating Reserve 9.93x

Liability-to-Asset 19.6%

Revenue Diversification 98.8%

Executive Compensation $821K

Compared with Peers

Peer comparison is not available for this organization.

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$7.8M	$8.1M	$6.7M	76.5%	21
2024	$10.7M	$9.0M	$6.7M	79.8%	21
2023	$8.8M	$8.8M	$5.0M	82.3%	21
2022	$8.2M	$8.0M	$5.0M	81.2%	19
2021	$8.2M	$5.2M	N/A	—	17

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Organization Details

EIN: 13-6089816
State: NY
City: NEW YORK
ZIP: 10018-0891
Rating: 4★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1955
Foundation Code
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
An organization that is not in good standing with its registry (for example a revoked tax exemption) is shown as Not rated.
"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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