Music Youth Partnership

Analysis

Music Youth Partnership is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Music Youth Partnership reported income of $61k and spending of $51k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $25k to $61k (+140%), an average of +140% a year. The sharpest change came in the year to June 2024, when income rose by 140%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Music Youth Partnership sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within KS. Charities of a similar size with the same main cause include Passageway Scholarship Foundation ($61k), Parent Booster USA Inc ($61k) and Iron Lion Booster Club ($61k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $20k (38% of expenses). It paid $8,773 in professional fundraising fees. At year end it held assets of $19k against liabilities of $1,670, net assets of $17k. It reported 4 employees.