Education
(B28)
IRS Verified
DX Registered
990 on File
THE HARMONY PROJECT
Financial strength (30%)
76/100
Reliability (20%)
55/100
Effectiveness (25%)
94/100
Impact (25%)
55/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Harmony Project harnesses the transformative power of music to increase access to higher education for underserved students by removing systemic barriers to achievement through academic and social support.
Financial Overview — FY 2024
$5.7M
Total Revenue
$5.8M
Total Expenses
N/A
Net Assets
41
Employees
Program Expense Ratio
N/A
Fundraising Efficiency
0.0%
Operating Reserve
N/A
Liability-to-Asset
0.0%
Revenue Diversification
N/A
Compared with Peers
FY 2024
Compared with 7,551 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 57.0% |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 18.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-15.6% | 7.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
0.4% | 8.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.4% | 2.9% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| At least 90% of students will demonstrate progress as trained musicians. | 4,000 | $1,047.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $5.7M | $5.8M | N/A | — | 41 |
| 2023 | $6.8M | $5.8M | $3.3M | 73.6% | 51 |
| 2022 | $7.0M | $5.2M | $2.4M | 79.6% | 64 |
| 2021 | $7.2M | $3.7M | N/A | — | 32 |
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