Free Guitars 4 Kids is a 501(c)(3) organization based in St Louis Park, Minnesota, registered in 2020, with $712,597 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$713K
▲ 25.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2025)
$709K
Net assets
$157K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Free Guitars 4 Kids— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Free Guitars 4 Kids: 3 mo reserves · +1% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Free Guitars 4 Kids— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Free Guitars 4 Kids: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $204K (FY2022) to $713K (FY2025) across 4 reported years.
Financial snapshot
Operating margin
0.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$167K
Total liabilities
$10K
Net assets
$157K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $712,597▲25.8% | $708,883▲27.6% | $156,553▲3.2% | $166,708▲2.3% | 990 |
| 2024 | $566,459▲53.4% | $555,556▲91.3% | $151,675▲11.0% | $163,012▲22.0% | 990 |
| 2023 | $369,229▲80.9% | $290,418▲96.4% | $136,671▲136% | $133,568▲146% | 990 |
| 2022 | $204,066 | $147,884 | $57,860 | $54,375 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
6 grants to Free Guitars 4 Kids totaling $389K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $181,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $50,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $21,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $37,000 |
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Data for Free Guitars 4 Kids (EIN 84-3584931) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.