Share the Music
Nonprofit profile at a glance
- EIN
- 991284011
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Bloomington, IL, USA
- Phone
- 3095302892
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $10,552
- Expenses
- $14,009
- Assets
- $190,637
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- JOY HIPPENSTEELE (PRESIDENT)
People named in this filing
- JONATHON BREEN (DIRECTOR)
- TREVOR ORTHMANN (DIRECTOR)
- DR PAM MUIRHEAD (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Share the music is an all volunteer organization based in bloomington-normal, Illinois. Its mission is to provide musical instruments to students who want to participate in school band or orchestra, but whose family/guardian cannot afford to rent or purchase an instrument. Instruments are donated by the public and are refurbished/sanitized for use. Funding comes from grants and from a minimal ($20) annual participation fee which pays for the maintenance of the instruments.
What it reported doing in 2024
Provide musical instruments to students who want to participate in school band or orchestra, but whose family/guardian cannot afford to rent or purchase an instrument.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 50
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -32.8%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 13.61; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 98% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $14K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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.
- High — Sustainability: Operating margin scored 17/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.