Wisconsin · Nonprofit
MUSIC THAT MATTERS INC
MUSIC THAT MATTERS INC (Wisconsin) receives grants from 17 organizations whose IRS filings report $2,134,152 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,788,253). 9 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $746k
- Funders on record
- 17
- Grants received
- $2.1M
- Net assets
- $867k
What Music That Matters Inc does
Mission
To provide a broadcast platform on a radio station known as "the avenue" for charitable causes especially those devoted to helping basic human needs and other non-profit community organizations 501(c)(3) as outlined in the corporate bylaws. The avenue's mission is to promote the message of these non-profits and chariable causes to the public so that the public can in turn provide financial as well as other support to them. The company will provide these messages together with the unique mix of music, to attract a passionate listener group who will in turn hopefully support these local non-profits and basic needs causes.
As stated on its FY2024 Form 990.
Program
The tax exempt purpose of music that matters, inc. Is to own and operate a radio station for the express purpose of providing on-air radio broadcasts that benefit qualified community nonprofit organizations and/or other local charitable causes, especially those that benefit basic human needs. In so doing, the company will provide a voice and presence through broadcast mentions of these nonprofit organizations and charitable causes so the broadcasts can bring their message to the listening audience. Music that matters, inc. Will provide these messages together with the unique mix of music to attract a passionate listener group who in turn support these local nonprofits.
$609,332 spent$319,713 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $609,332.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.1M to $1.5M (+37%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 16% · 2021 10% · 2023 11%. Grants only. Government contracts and fees sit inside program revenue.
54% of MUSIC THAT MATTERS INC’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 7 funders, grant income rose $30k → $94k.
4 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 92% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MUSIC THAT MATTERS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MUSIC THAT MATTERS INC leans on a few funders — its largest provides 84% of grant income and the top three 95%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
92% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MUSIC THAT MATTERS INC.
Largest funder’s share by year: 2017 86% · 2018 61% · 2019 99% · 2020 39% · 2021 37% · 2022 64% · 2023 58% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
63% of MUSIC THAT MATTERS INC's funders are still giving 3 years after their first grant; 53% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
92% of MUSIC THAT MATTERS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $169k that is directly attributable, 70% of it comes from funders outside Wisconsin, across 6 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.0M arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MUSIC THAT MATTERS INC receives grants from 17 organizations whose IRS filings report $2.1M to it.
this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024
Organizations like MUSIC THAT MATTERS INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
66% of spending goes to programs.
Governance
Public support
88%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for MUSIC THAT MATTERS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MUSIC THAT MATTERS INC?
- MUSIC THAT MATTERS INC (Wisconsin) receives grants from 17 organizations whose IRS filings report $2,134,152 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,788,253). 9 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does MUSIC THAT MATTERS INC have?
- IRS filings report 17 organizations giving $2,134,152 in grants to MUSIC THAT MATTERS INC, 9 of which have funded it in more than one year.
- Who is the largest funder of MUSIC THAT MATTERS INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,788,253 in grants. The full list of funders is on this page.
- How can an organization like MUSIC THAT MATTERS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Music That Matters →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 17 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing