Is Millennial Music Legit?

Quick charity verification for Millennial Music (EIN: 10902152)

Verdict: Millennial Music appears trustworthy

75/100Mission Score
$4.3MRevenue
$509KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Millennial Music allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Millennial Music

Is Millennial Music a legitimate charity?

Based on AI analysis of IRS 990 filings, Millennial Music (EIN: 10902152) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Millennial Music a good charity to donate to?

Millennial Music has a Mission Score of 75/100. Revenue: $4.3M. Assets: $509K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Millennial Music?

The Employer Identification Number (EIN) for Millennial Music is 10902152. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Millennial Music spend its money?

Millennial Music allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Millennial Music's tax-exempt status?

You can verify Millennial Music's tax-exempt status using EIN 10902152 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Millennial Music demonstrates a fluctuating financial health over the past decade. While the organization's latest reported revenue is $4,252,312, its most recent filing (202306) shows expenses exceeding revenue by $168,655 ($2,780,198 vs $2,611,543), indicating an operating deficit. This trend of expenses exceeding revenue is observed in several past periods as well, such as 202206, 202006, 201906, 201706, and 201506. The organization's assets have grown significantly from $198,175 in 202206 to $411,242 in 202306, but it also reported substantial liabilities of $381,722 in 202306, which were zero in previous years, raising questions about the nature of these new obligations. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency and transparency regarding leadership costs.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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