Muzik 3 Foundation Inc is a 501(c)(3) organization based in La Jolla, California, registered in 2000, with $94,739 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$95K
▼ 80.4% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$255K
Net assets
$1.8M
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 Muzik 3 Foundation Inc— 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 Muzik 3 Foundation Inc: 87 mo reserves · -169% margin earns a F 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 Muzik 3 Foundation Inc— 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 Muzik 3 Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $2,648 (FY2009) to $95K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
-169.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$0
Net assets
$1.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $94,739▼80.4% | $255,290▲16.7% | $1,848,364▼8.0% | $1,848,364▼8.0% | 990 |
| 2023 | $482,164▲92.8% | $218,709▼44.0% | $2,008,915▲15.1% | $2,008,915▲15.1% | 990 |
| 2022 | $250,117▲397% | $390,741▲151% | $1,745,460▼7.5% | $1,745,460▼7.5% | 990 |
| 2021 | $50,343▼97.4% | $155,900▼1.3% | $1,886,084▼5.3% | $1,886,084▼5.3% | 990 |
| 2020 | $1,973,786▲5319% | $158,005▲464% | $1,991,641▲5106% | $1,991,641▲5106% | 990 |
| 2019 | $36,421▼17.9% | $28,023▲6.5% | $38,257▲28.1% | $38,257▲28.1% | 990EZ |
| 2018 | $44,383▲37.3% | $26,312▼56.2% | $29,859▲153% | $29,859▲153% | 990EZ |
| 2017 | $32,324▼7.6% | $60,023▲20.6% | $11,788▼70.1% | $11,788▼70.1% | 990EZ |
| 2016 | $34,975▲105% | $49,765▲5.8% | $39,487▼27.2% | $39,487▼27.2% | 990EZ |
| 2015 | $17,077▲371% | $47,057▲335% | $54,277▼51.8% | $54,277▼51.8% | 990EZ |
| 2013 | $3,622▼91.4% | $10,813▼43.0% | $112,540▼6.0% | $112,540▼6.0% | 990EZ |
| 2012 | $42,033▲1487% | $18,960▲6.4% | $119,731▲121% | $119,731▲121% | 990EZ |
| 2009 | $2,648 | $17,817 | $54,164 | $54,164 | 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.
2 grants to Muzik 3 Foundation Inc totaling $100K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $50,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2021 | $50,000 |
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Data for Muzik 3 Foundation Inc (EIN 31-1741740) 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.