Millennial Music is a 501(c)(3) organization based in Queen Creek, Arizona, registered in 2022, with $4,252,312 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$4.3M
▲ 62.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$3.8M
Net assets
$508K
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 Millennial Music— 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 Millennial Music: 2 mo reserves · +11% 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 Millennial Music— 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 Millennial Music: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.4M (FY2013) to $4.3M (FY2023) across 7 reported years.
Financial snapshot
Operating margin
11.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$509K
Total liabilities
$1,121
Net assets
$508K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,252,312▲62.8% | $3,773,700▲35.7% | $508,132▲1621% | $509,253▲23.8% | 990 |
| 2022 | $2,611,543▲4.1% | $2,780,198▲7.0% | $29,520▼85.1% | $411,242▲108% | 990 |
| 2021 | $2,508,809▲16.9% | $2,599,272▲45.7% | $198,175▼53.9% | $198,175▼53.9% | 990 |
| 2017 | $2,145,833▲55.8% | $1,784,523▲19.6% | $429,764▲528% | $429,764▲528% | 990 |
| 2016 | $1,377,491▲7.6% | $1,492,576▲13.2% | $68,454▼61.1% | $68,454▼61.1% | 990 |
| 2014 | $1,280,652▼8.6% | $1,318,211▲0.5% | $175,859▼17.6% | $175,859▼17.6% | 990 |
| 2013 | $1,400,637 | $1,312,158 | $213,418 | $213,418 | 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.
14 grants to Millennial Music totaling $195K, reported by foundations on their Schedule I filings.
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Data for Millennial Music (EIN 01-0902152) 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.