Charity Search / LOVE IN MUSIC
Arts, Culture & Humanities (A68) 990 on File

LOVE IN MUSIC

EIN: 26-0152911 · TORRANCE, CA 90505-5222 · United States · FY 2024 Data
3 out of 5 47 / 100 Based on 2+ years of filings
Financial strength (30%) 90/100
Reliability (20%) 50/100
Effectiveness (25%) 41/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$70K
Total Revenue
$49K
Total Expenses
$61K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 73.8%
Fundraising Efficiency N/A
Operating Reserve 15.09x
Liability-to-Asset 2.3%
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
73.8% 82.6%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
15.1 mo 16.5 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
2.3% 0.0%
P10P90
Bottom 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
80.1% 1.6%
P10P90
Expense growth
Year over year expense growth
-0.4% 1.2%
P10P90
Surplus margin
Surplus as a share of revenue
30.5% 9.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $70K $49K $61K 73.8% —
2023 $39K $49K $40K 75.5% —
2022 $101K $33K N/A — 1
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Organization Details
EIN
26-0152911
State
CA
City
TORRANCE
ZIP
90505-5222
Classification
A68
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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