Nonprofit screen
Screen a listMusic That Matters Inc
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Listed with the IRS, but California flags it.
Check its California registration before you grant.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(1)
$746krevenue
FY2024 · −1% in 3 yrs7staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−24.2%
Months of reserve0.4mo
Revenue growth (annualized)+1.8%
Middle half of peersMedianMusic That Matters
Where the money goes FY2024 · $927k spent
Programs$609k66%Management and general$154k17%Fundraising$164k18%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$45k in FY2022 and −$181k in FY2024. Cash covers 0.4 months, under the peer median of 5.4.
990 Part I and balance sheetIn its favor1
A history of government grants
Government grants on 3 of its 3 returns, 11% of revenue in FY2023.
990 Part VIII17funders
$62ka year, last 3 years
40%from its largest funder
Funder’17’18’19’20’21’22’23John and Julie Schmidt Family FoundationSince FY2020$25k$10k$25k$25kGrande FoundationSince FY2021$5k$5k$5kGeorge Kress Foundation IncOn and off$10kUS Ventureschmidt Family FoundationOn and off$5kThe Clarence Wallace & Dolores Lynch Wallace Family FoundationOn and off$4kThe Pfizer Foundation IncSince FY2021$52$567$406Donor-advised giftsDonors not disclosed$26k$18k$1.7M$40k$34k$7k$62k3 other fundersUp to $1k a year each$100$1k$1k
FundedThrough a donor-advised fund