Arts, Culture & Humanities
(A54)
IRS Verified
DX Registered
990 on File
MEMPHIS MUSIC ARCHIVES INC
Financial strength (30%)
73/100
Reliability (20%)
45/100
Effectiveness (25%)
90/100
Impact (25%)
80/100
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the Memphis Listening Lab (MLL) is to provide public access to an extensive collection of music and related materials, promoting the study, research, and enjoyment of Memphis' rich musical heritage.
Financial Overview — FY 2024
$119K
Total Revenue
$294K
Total Expenses
$-413,382
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.9%
Fundraising Efficiency
N/A
Operating Reserve
-16.90x
Liability-to-Asset
182.1%
Revenue Diversification
49.1%
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
|
85.9% | 82.0% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.1% | 14.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-16.9 mo | 9.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
182.1% | 1.8% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
49.1% | 79.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
24.3% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-4.4% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-146.8% | 1.5% |
P10P90
|
Impact
2 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Enriching cultural experience | 20,000 | $12.00 | — | Per Day |
| Enriching cultural experience | 5,000 | $12.00 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $119K | $294K | $-413,382 | 85.9% | 4 |
| 2023 | $96K | $307K | $-238,769 | 87.2% | 5 |
| 2022 | $67K | $315K | $13K | 87.5% | 2 |
| 2021 | $906K | $198K | N/A | — | 1 |
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