AArts, Culture & HumanitiesEIN: 231472487· Ruling Year: 1943

Reading Musical Foundation

Reading, Pennsylvania

A-Health Score
81A-

Financial Health Score

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

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org17.66×
Peer Median210.95×
💰
$1.7M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$19.1M
Net Assets
📋
$404K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-50.9%
Year-over-year change (2022 → 2023)
Net Margin
+37.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
17.66
Net assets divided by total expenses
Liabilities-to-Assets
2.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,734,77251%$1,083,79015%$19,546,33011%
2022$3,531,006139%$939,99123%$17,638,15115%
2021$1,474,4475%$764,82627%$20,635,93927%
2020$1,406,64111%$1,050,2057%$16,252,9093%
2019$1,265,3252%$977,70118%$15,767,1352%
2018$1,292,80828%$827,2844%$15,463,9656%
2017$1,011,0772%$794,1152%$14,584,9399%
2016$986,61321%$780,9173%$13,364,5104%
2015$1,255,3951%$755,40011%$13,851,281
2014$1,274,05979%$682,6979%$13,804,26416%
2013$712,3376%$627,7435%$11,876,9448%
2012$756,593$661,695$11,024,386

Frequently Asked Questions

What does Reading Musical Foundation do?

Reading Musical Foundation is a arts, culture & humanities nonprofit organization based in Pennsylvania. It is classified under NTEE code A68I and is registered as a 501(c) tax-exempt organization with the IRS.

Is Reading Musical Foundation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Reading Musical Foundation.

How much revenue does Reading Musical Foundation generate?

Reading Musical Foundation reports $1.5M in annual revenue and holds $23.6M in total assets, based on IRS filings.

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