Charity Search / MUSIC ACADEMY OF THE WEST
Arts, Culture & Humanities (A6E0) IRS Verified DX Registered 990 on File

MUSIC ACADEMY OF THE WEST

EIN: 95-1525814 · SANTA BARBARA, CA 93108-2865 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 66/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$8.3M
Total Revenue
$12.6M
Total Expenses
$104.0M
Net Assets
89
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 68.2%
Fundraising Efficiency 11438.3%
Operating Reserve 99.38x
Liability-to-Asset 10.3%
Revenue Diversification 67.7%
Executive Compensation $1.3M
Compared with Peers
FY 2024
Compared with 433 similar organizations (United States, Arts, Culture & Humanities, $10M–$100M 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
68.2% 79.7%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
16.5% 13.2%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
15.3% 5.9%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
11438.3% 812.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
99.4 mo 29.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
10.3% 12.3%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
67.7% 67.9%
P10P90
Above median
Revenue growth
Year over year revenue growth
-11.0% 7.9%
P10P90
Expense growth
Year over year expense growth
-3.4% 7.2%
P10P90
Surplus margin
Surplus as a share of revenue
-51.9% 2.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $8.3M $12.6M $104.0M 68.2% 89
2023 $9.3M $13.0M $101.5M 70.0% 84
2022 $12.9M $14.0M $98.5M 72.6% 84
2021 $28.7M $10.7M N/A 47
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Organization Details
EIN
95-1525814
State
CA
City
SANTA BARBARA
ZIP
93108-2865
Classification
A6E0
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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