Electronic Music Education and Preservation Project
Nonprofit profile at a glance
- EIN
- 821823676
- IRS 990 coverage
- 2018–2025
- Forms available
- Form 990 2025, Form 990-EZ 2017
- Location
- Harleysville, PA, USA
- Phone
- 2152751665
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Arts Education
Reported finances
- Revenue
- $453,256
- Expenses
- $426,372
- Assets
- $715,430
- Liabilities
- $89
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- DREW RAISON (EXECUTIVE DIRECTOR)
- CURT VINCENT (PRESIDENT)
- LARRY FAST (VICE PRESIDENT)
Highest reported compensation
- DREW RAISON (EXECUTIVE DIRECTOR): $70,200 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To collect and preserve rare musical instruments and to educate the public about these instruments through displays and educational seminars.
What it reported doing in 2025
EMEAPP engages in an active program of collection, care, and conservation of electronic musical equipment to preserve and share the history, artists, sounds, equipment and technology of electronic music, keeping it relevant and accessible for future generations. Specifically, EMEAPP continued its work in developing original-content educational audio/video projects to be shared on EMEAPPs social media and web platform; it initiated development of a large analog studio space allowing musicians access to EMEAPPs collection of musical equipment; and it began designing a new venue space that will be used to host original/tribute performances, exhibits, and educational events. The organization also is building out its Museum of Music Technology.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.2%; rating input score 93
- Program expense ratio: 99%; rating input score 99
- Fundraising efficiency: $3,015.6 raised per $1 spent on fundraising; rating input score 99; 99th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 26th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 5.9%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 1.68; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 16.5%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 7.1% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 7.3% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 14.3% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 93.2% of revenue deployed · 99% of spending went to programs
- Governance: 6 of 6 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $422K in reported program spending
- Leadership: top reported pay $70K · 8 people listed
- Consistency: 24 of 25 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors
- Filing history: 7 filing years from 2018 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 49/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Officer compensation ratio scored 21/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.