Local 4 Music Fund Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Local 4 Music Fund Inc is a 501(c)(3) organization based in Cleveland, Ohio, registered in 1974, with $289,657 in FY2025 revenue. CharityIndex grades it B.
3631 Perkins Avenue Suite 4c, Cleveland, OH, 44114 EIN 23-7419900 Since 1974
Revenue (FY2025)
$290K
▲ 4.8% vs prior year
Expenses (FY2025)
$276K
Net assets
$147K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Local 4 Music Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +5% margin
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 Local 4 Music Fund Inc: 6 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Local 4 Music Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Local 4 Music Fund Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $74K (FY2011) to $290K (FY2025) across 15 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $23KNet assets $147K
Operating margin
4.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$171K
Total liabilities
$23K
Net assets
$147K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $289,657▲4.8% | $275,558▼12.8% | $147,479▲10.6% | $170,962▲13.4% | 990 |
| 2024 | $276,271▲10.5% | $316,072▲14.1% | $133,380▼23.0% | $150,803▼20.0% | 990 |
| 2023 | $249,982▲3.2% | $276,955▲27.3% | $173,181▼13.5% | $188,415▼12.4% | 990 |
| 2022 | $242,165▲45.7% | $217,529▲30.9% | $200,154▲14.0% | $215,186▲15.7% | 990 |
| 2021 | $166,243▲58.5% | $166,195▲140% | $175,518 | $186,006▲0.6% | 990EZ |
| 2020 | $104,870▼33.0% | $69,303▼53.0% | $175,469▲25.4% | $184,899▲25.0% | 990EZ |
| 2019 | $156,493▲17.9% | $147,520▲14.3% | $139,903▲6.9% | $147,898▲6.8% | 990EZ |
| 2018 | $132,726▼2.0% | $129,084▲14.6% | $130,929▲2.9% | $138,437▲4.1% | 990EZ |
| 2017 | $135,388▼2.4% | $112,664▼10.5% | $127,286▲21.7% | $133,030▲20.8% | 990EZ |
| 2016 | $138,723▼16.1% | $125,820▼16.7% | $104,562▲14.1% | $110,116▲3.3% | 990EZ |
| 2015 | $165,350▲11.7% | $151,024▲20.4% | $91,659▲18.5% | $106,611▲21.5% | 990EZ |
| 2014 | $148,062▲0.5% | $125,406▼17.0% | $77,333▲41.4% | $87,747▲22.8% | 990EZ |
| 2013 | $147,290▲155% | $151,130▲251% | $54,677▼6.6% | $71,468▲21.8% | 990EZ |
| 2012 | $57,861▼22.2% | $43,003▼40.5% | $58,517▲34.0% | $58,656▲34.4% | 990EZ |
| 2011 | $74,377 | $72,268 | $43,659 | $43,659 | 990EZ |
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.
Grants received · $10K total
1 grant to Local 4 Music Fund Inc totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2020 | $10,289 |
Frequently asked questions
- Is Local 4 Music Fund Inc a legitimate nonprofit?
- Yes. Local 4 Music Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7419900, based in Cleveland, Ohio. Donations are tax-deductible.
- What is Local 4 Music Fund Inc's EIN?
- Local 4 Music Fund Inc's Employer Identification Number (EIN) is 23-7419900.
- How much revenue does Local 4 Music Fund Inc report?
- Local 4 Music Fund Inc reported $289,657 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Local 4 Music Fund Inc have?
- CharityIndex grades Local 4 Music Fund Inc B, based on financial health (reserves and operating margin).
More nonprofits in Cleveland
Explore more
Data for Local 4 Music Fund Inc (EIN 23-7419900) 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.