Arts, Culture & Humanities
(A25)
IRS Verified
DX Registered
990 on File
GROUNDWORK MUSIC PROJECT INC
Financial strength (30%)
59/100
Reliability (20%)
55/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$102K
Total Revenue
$86K
Total Expenses
$2K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
0.31x
Liability-to-Asset
18.8%
Revenue Diversification
68.4%
Compared with Peers
FY 2023
Compared with 16,412 similar organizations
(United States, Arts, Culture & Humanities, under $100K in expenses), FY 2023.
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
|
100.0% | 82.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.3 mo | 18.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.4% | 90.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-2.7% | 3.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-17.1% | 4.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
16.1% | 9.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $102K | $86K | $2K | 100.0% | — |
| 2022 | $105K | $104K | $-14,292 | 100.0% | — |
| 2021 | $117K | $72K | N/A | — | 1 |
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