Nonprofit screen
Screen a listGroundup Music Foundation Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$427krevenue
FY2024 · +341% in 3 yrs5 of 5years filed
’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−52.5%
Months of reserve0.7mo
Revenue growth (annualized)+56.1%
Middle half of peersMedianGroundup Music
Where the money goes FY2024 · $652k spent
Programs$636k97%Management and general$16k3%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$72k in FY2022 and −$225k in FY2024. Cash covers 0.7 months, under the peer median of 5.4.
990 Part I and balance sheetIn its favor2
Growing faster than peers
Revenue up 56% a year since FY2020, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 3 of its 3 returns, 39% of revenue in FY2024. $50k is traced federal awards from National Endowment for the Arts.
990 Part VIII · USAspending1funder
$40ka year, last 1 years
100%from its largest funder
Funder’20Donor-advised giftsDonors not disclosed$40k
FundedThrough a donor-advised fund