Overview

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Est.

2005

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Music and Youth Initiative Inc (EIN: 20-2767066) is a nonprofit organization dedicated to providing music education and creative youth development opportunities to young people in low-income urban areas. With an operating budget of $16.9K and total revenue of $227.2K for the 2024 filing year, the organization partners with youth development organizations to offer after-school music programs that foster academic and social skills, self-confidence, and self-esteem. The organization does not rely on a single funder for more than 50% of its revenue and can be found online at www.musicandyouth.org.

Mission Statement

WE BELIEVE THAT EVERY YOUNG PERSON SHOULD HAVE THE OPPORTUNITY TO EXPERIENCE THE MAGIC OF MUSIC. MUSIC HAS THE POWER TO BUILD ACADEMIC AND SOCIAL SKILLS, UNLEASH CREATIVITY, AND DEVELOP SELF-CONFIDENCE AND SELF-ESTEEM. MUSIC IS THE MAGNET THAT ATTRACTS YOUTH TO A SAFE PLACE TO LEARN AND GROW, AWAY FROM THE CULTURE OF DRUGS, GANGS, AND VIOLENCE WHICH IS ALL TOO PREVALENT ON THE STREETS OF THE LOW-INCOME URBAN AREAS WE TARGET. OUR PARTNERSHIPS WITH YOUTH DEVELOPMENT ORGANIZATIONS PROVIDE PARTICIPANTS IN MIDDLE SCHOOL AND OLDER WITH AFTER-SCHOOL MUSIC EDUCATION AS WELL AS ACCESS TO PROGRAMS AIMED AT SUCCESSFUL HIGH SCHOOL GRADUATION, OPPORTUNITIES FOR DEVELOPING JOB SKILLS, AND COLLEGE PREPARATION SUPPORT; ALL OF WHICH HELPS BUILD SELF-CONFIDENCE AND SELF-ESTEEM THAT WILL LAST A LIFETIME.
Revenues
$227.2K
Expenses
$211.3K
Net Income:
+$15.9K
Assets
$590.8K
Liabilities
$7.9K
Net Assets:
+$582.9K
Operating Budget
$16.9K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$161.6K
Largest grant received
$161.6K
J
Joan Eichhorn
Board Member
G
Gary Eichhorn
Board Member
M
Mark Duffy
Board Member

Frequently Asked Questions

What is MUSIC AND YOUTH INITIATIVE INC’s budget?
In 2024, MUSIC AND YOUTH INITIATIVE INC reported an annual operating budget of around $17 thousand. More detailed financial information is available to registered users.
What causes does MUSIC AND YOUTH INITIATIVE INC support?
MUSIC AND YOUTH INITIATIVE INC supports work in Music, Creative Youth Development, and Musical ensembles and groups.
Where does MUSIC AND YOUTH INITIATIVE INC operate?
MUSIC AND YOUTH INITIATIVE INC is headquartered in NEEDHAM, MA.
Who funded MUSIC AND YOUTH INITIATIVE INC recently?
In 2024, MUSIC AND YOUTH INITIATIVE INC received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, The Klarman Family Foundation, and Highland Street Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant MUSIC AND YOUTH INITIATIVE INC received in 2024?
The largest grant to MUSIC AND YOUTH INITIATIVE INC in 2024 exceeds $162 thousand.