Arts, Culture & Humanities
(A30)
990 on File
VARSITY MEDIA FOUNDATION
Financial strength (30%)
81/100
Reliability (20%)
40/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$170K
Total Revenue
$128K
Total Expenses
$58K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.5%
Fundraising Efficiency
N/A
Operating Reserve
5.45x
Liability-to-Asset
14.7%
Revenue Diversification
93.1%
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
|
93.5% | 82.0% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.5 mo | 9.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
14.7% | 1.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.1% | 79.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
53.3% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.8% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
25.0% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $170K | $128K | $58K | 93.5% | — |
| 2023 | $111K | $116K | $15K | 96.5% | — |
| 2022 | $120K | $100K | $21K | 49.8% | — |
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