YOUNG MUSICIANS UNITE INC

MIAMI, FL, 33142-6624 (305) 814-6092 Est. 2013 EIN 46-2610764
A68— Arts, Culture & Humanities Form 990 501(c)(3)
HTTPS://WWW.YOUNGMUSICIANSUNITE.ORG/

Mission

YOUNG MUSICIANS UNITE BELIEVES THAT EVERY STUDENT IN MIAMI-DADE COUNTY DESERVES ACCESS TO MUSIC EDUCATION REGARDLESS OF THEIR SOCIO-ECONOMIC BACKGROUND. WE COLLABORATE WITH SCHOOLS TO PROVIDE FREE MUSIC EDUCATION WHICH HAS BEEN PROVEN TO INSPIRE PERSONAL DEVELOPMENT, FOSTER A SENSE OF COMMUNITY AND PREPARE OUR FUTURE LEADERS.

Giving Portfolio

Total Grants
3
Total Giving
$450K
Recipients
3
Years Active
2023
Avg grant: $149,846 Median: $152,700

Sectors Funded

Youth Development
1
Arts, Culture & Humanities
1
Education
1

Top States

Florida
3

Grantee Size Profile

$1M - $5M
2
$5M - $10M
1

Top Grantees

Grants Awarded · 3 grants

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Financials

Total Revenue
$3,663,848
Total Expenses
$3,266,728
Net Assets
$1,132,637
19 employees 15 volunteers
From latest filing (tax period ending 2024-07-31)

Financial Health

Operating Reserve
4.2 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 75.6%
Expenses ↑ 61.4%
Revenue Sources
Contributions 81.3% Earned revenue 0.1% Investment 0.2% Other 18.0%
Expense Breakdown
Program 84.7% Management 12.9% Fundraising 2.4%

Officers & Trustees (21)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2023 Form 990
Aug 1, 2023 to Jul 31, 2024
$3,663,848 $3,266,728$1,132,637
2022 Form 990
Aug 1, 2022 to Jul 31, 2023
$2,085,930 $2,024,561$735,517
2021 Form 990
Aug 1, 2021 to Jul 31, 2022
$1,254,234 $1,258,023$674,148
2020 Form 990
Aug 1, 2020 to Jul 31, 2021
$986,222 $814,787$677,936
2019 Form 990
Aug 1, 2019 to Jul 31, 2020
$666,888 $441,060$506,501

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EIN: 46-2610764 · Source: IRS Form 990 e-file data