Arts, Culture & Humanities
(A68)
990 on File
BACKBEAT FOUNDATION INC
Financial strength (30%)
76/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$50K
Total Revenue
$59K
Total Expenses
$12K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.2%
Fundraising Efficiency
N/A
Operating Reserve
2.36x
Liability-to-Asset
0.0%
Revenue Diversification
100.0%
Compared with Peers
FY 2024
Compared with 11,905 similar organizations
(United States, Arts, Culture & Humanities, under $100K 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
|
93.2% | 82.6% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.4 mo | 16.5 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 89.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
96.1% | 1.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
41.9% | 1.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-19.6% | 9.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $50K | $59K | $12K | 93.2% | — |
| 2023 | $25K | $42K | $21K | 97.3% | — |
| 2022 | $59K | $89K | $38K | 67.5% | — |
| 2021 | $162K | $18K | N/A | — | 1 |
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