Unfortunately, The Music Academy Foundation Inc. has limited available public data.
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Mission
To promote the musical arts through financial assistance for high-quality music programs in and out of public and private schools, by providing instruments to local school music programs and scholarships to talented music students.
Basic Information
Founded in
2017
EIN
83-3200894
Total Assets
$630.8 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
59
46
/100
Program Expense Ratio
92.07%
20
/20
Program Revenue Growth
18.22%
18
/20
Leverage Ratio
1.041
4
/20
Working Capital Ratio
-0.05328
2
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 11.14K | 2.33% |
| Program Services | 453.9K | 94.91% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 1.732K | 0.36% |
| Total Revenue | 478.3K | 100.00% |
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