Arts, Culture & Humanities
(A680)
990 on File
STRINGS MUSIC FESTIVAL
Financial strength (30%)
84/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$4.0M
Total Revenue
$3.2M
Total Expenses
$9.3M
Net Assets
40
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.3%
Fundraising Efficiency
820.1%
Operating Reserve
35.35x
Liability-to-Asset
1.9%
Revenue Diversification
40.7%
Executive Compensation
$160K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M 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
|
79.3% | 77.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.2% | 14.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.5% | 5.4% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
820.1% | 240.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
35.4 mo | 16.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.9% | 10.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
40.7% | 74.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
47.0% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-0.3% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
21.2% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $4.0M | $3.2M | $9.3M | 79.3% | 40 |
| 2023 | $2.7M | $3.2M | $8.8M | 79.1% | 37 |
| 2022 | $3.0M | $2.8M | $9.0M | 81.8% | 32 |
| 2021 | $3.7M | $2.3M | N/A | — | 32 |
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