AArts, Culture & HumanitiesEIN: 010902152· Ruling Year: 2022

Millennial Music

Queen Creek, Arizona

CHealth Score
37C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.01×
Peer Median210.95×
💰
$2.6M
Total Revenue
📊
$2.8M
Total Expenses
🏦
$30K
Net Assets
📋
$382K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.1%
Year-over-year change (2022 → 2023)
Net Margin
-6.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.01
Net assets divided by total expenses
Liabilities-to-Assets
92.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,611,5434%$2,780,1987%$411,242108%
2022$2,508,80930%$2,599,27246%$198,17531%
2021$1,929,6981%$1,777,93213%$288,638111%
2020$1,918,0797%$2,055,1868%$136,87250%
2019$2,068,1154%$2,223,90025%$273,97936%
2018$2,145,83356%$1,784,52320%$429,764528%
2017$1,377,4916%$1,492,5762%$68,45463%
2016$1,465,69614%$1,458,01611%$183,5394%
2015$1,280,6529%$1,318,211$175,85918%
2014$1,400,63774%$1,312,15871%$213,41871%
2013$806,84735%$766,72928%$124,93947%
2012$597,3988%$600,6712%$84,8214%
2011$647,362$589,169$88,094

Frequently Asked Questions

What does Millennial Music do?

Millennial Music is a arts, culture & humanities nonprofit organization based in Arizona. It is classified under NTEE code A6B and is registered as a 501(c) tax-exempt organization with the IRS.

Is Millennial Music financially healthy?

Based on our 9-metric Financial Health Score model, Millennial Music has a score of 37/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Millennial Music generate?

Millennial Music reports $4.3M in annual revenue and holds $509K in total assets, based on IRS filings.

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