FRIENDS OF YOGI INC
Mission Statement
The Yogi Berra Museum & Learning Center’s mission is to sustain the values that made Yogi Berra a national treasure – respect, teamwork, perseverance and excellence – through inclusive, culturally diverse sports-based education exhibitions and programs. The Museum is home to a permanent collection of baseball memorabilia that showcases Yogi’s spectacular career both on and off the baseball field, and rotating exhibitions highlighting Yogi’s values for a new generation. The Museum’s standards-aligned education programs use Yogi’s legacy and baseball as an engaging vehicle for immersive learning, serving roughly 10,000 middle and high school students annually. 75% of participating students attend Title 1 schools from under-resourced districts.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.5% | 77.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.8% | 14.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.7% | 5.5% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
86.3% | 251.0% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
73.3 mo | 16.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.5% | 10.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
61.7% | 74.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
8.6% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.1% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-57.4% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $842K | $1.3M | $8.1M | 78.5% | 6 |
| 2022 | $775K | $1.3M | $8.0M | 63.9% | 7 |
| 2021 | $1.1M | $1.1M | N/A | — | 8 |
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