Arts, Culture & Humanities
(A54)
990 on File
LONG ISLAND MUSIC HALL OF FAME INC
Financial strength (30%)
88/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.1M
Total Revenue
$905K
Total Expenses
$2.5M
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.1%
Fundraising Efficiency
N/A
Operating Reserve
32.95x
Liability-to-Asset
2.7%
Revenue Diversification
50.2%
Executive Compensation
$125K
Compared with Peers
FY 2024
Compared with 12,711 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M 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
|
84.1% | 82.0% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.8% | 14.1% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.2% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
33.0 mo | 9.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.7% | 1.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
50.2% | 79.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
29.0% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
53.0% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
15.9% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.1M | $905K | $2.5M | 84.1% | 7 |
| 2023 | $834K | $592K | $2.1M | 80.2% | 3 |
| 2022 | $390K | $255K | $1.8M | 81.9% | 3 |
| 2021 | $48K | $24K | N/A | — | 1 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.