Music For Life
Springfield, Virginia
B-Health Score
53B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$179K
Total Revenue
📊
$213K
Total Expenses
🏦
$338K
Net Assets
📋
$20K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+4.2%
Year-over-year change (2022 → 2023)
Net Margin
-18.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.59
Net assets divided by total expenses
Liabilities-to-Assets
5.6%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $179,438↑4% | $212,988↑36% | $357,858↓8% | |
| 2022 | $172,214↓10% | $156,606↑13% | $389,520↑6% | — |
| 2021 | $190,581↑21% | $138,490↑10% | $365,994↑18% | — |
| 2020 | $156,987↓4% | $125,837↑5% | $309,586↑11% | — |
| 2019 | $164,266↑11% | $119,659↓18% | $280,127↑20% | — |
| 2018 | $147,739↓6% | $145,636↓9% | $233,755 | — |
| 2017 | $156,385↓24% | $159,337↓9% | $233,287↓2% | — |
| 2016 | $205,545↑442% | $175,267↑649% | $238,806↑16% | — |
| 2015 | $37,923↓53% | $23,390↓14% | $205,496↑9% | — |
| 2014 | $81,113↑28% | $27,340↓27% | $188,050↑44% | — |
| 2013 | $63,529↑92% | $37,664↑71% | $130,168↑25% | — |
| 2012 | $33,026↓31% | $22,023↓14% | $104,304↑11% | — |
| 2011 | $47,870 | $25,468 | $93,688 | — |
Frequently Asked Questions
What does Music For Life do?▼
Music For Life is a youth development nonprofit organization based in Virginia. It is classified under NTEE code O50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Music For Life financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Music For Life.
How much revenue does Music For Life generate?▼
Music For Life reports $192K in annual revenue and holds $326K in total assets, based on IRS filings.
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