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Education : Youth Education Programs and Services (Grantmaking)

VH1 Save The Music Foundation

Every kid deserves music

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Impact Information is available from our partner, GuideStar

two stars

77.64

1515 Broadway 21st Floor
New York, NY 10036
tel: (212) 846-4391   Web Site
EIN: 13-6089816

Board Leadership
Chris McCarthy and Amy Doyle
Co-Chairs

CEO
Henry Donahue
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 77.64 two stars
  Financial 68.64 one star
  Accountability & Transparency 96.00 four stars
This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The VH1 Save The Music Foundation is a nonprofit organization dedicated to restoring instrumental music education programs in public schools, and raising awareness of the importance of childhood music education. Founded in 1997 as the first organization of its kind, VH1 Save The Music has donated $54 million in new musical instruments to more than 2,000 public schools in 257 school districts around the country - positively impacting the lives of millions of students. Learn more about us and our efforts at vh1savethemusic.org

The VH1 Save The Music Foundation is a nonprofit organization dedicated to restoring instrumental music education programs in public schools, and raising awareness of the importance of childhood music education. Founded in 1997 as the first organization of its kind, VH1 Save The Music has donated $54 million in new musical instruments to more than 2,000 public schools in 257 school districts around the country - positively impacting the lives of millions of students. Learn more about us and our efforts at vh1savethemusic.org

Impact Information

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This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

one star

68.64

Accountability & Transparency

four stars

96.00

This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
71.5%
  Administrative Expenses 6.2%
  Fundraising Expenses 22.2%
  Fundraising Efficiency $0.21
  Working Capital Ratio (years) 0.20
  Program Expenses Growth 15.0%
  Liabilities to Assets 57.0%
All data for Financial Performance Metrics calculations was provided by VH1 Save The Music Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by VH1 Save The Music Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
VH1 Save The Music Foundation (NY) 77.64 two stars
The Ghetto Film School (NY) 89.32 three stars
Inner-City Arts (CA) 91.91 four stars
Exploring the Arts (NY) 86.43 three stars
Marwen (IL) 86.93 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,703,627
   Federated Campaigns $49,084
   Membership Dues $0
   Fundraising Events $254,270
   Related Organizations $0
   Government Grants $0
Total Contributions $4,006,981
   Program Service Revenue $0
Total Primary Revenue $4,006,981
   Other Revenue $54,189
TOTAL REVENUE $4,061,170
   
EXPENSES  
   Program Expenses $2,797,832
   Administrative Expenses $231,961
   Fundraising Expenses $973,433
TOTAL FUNCTIONAL EXPENSES $4,003,226
   
Payments to Affiliates $0
Excess (or Deficit) for the year $57,944
   
Net Assets $753,037

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Restoring Music Education Programs $2,797,832 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-09 10/01/2019 77.64 two stars
2017-09 08/01/2018 77.90 two stars
2016-09 12/01/2017 74.33 two stars
2015-09 02/01/2017 74.59 two stars
2014-09 06/01/2016 72.85 two stars
 
CN 2.0
2014-09 11/01/2015 73.30 two stars
2013-09 12/22/2014 71.39 two stars
2012-09 08/01/2013 78.37 two stars
2011-09 09/01/2012 68.52 one star
2009-12 11/01/2011 73.32 two stars
2009-12 09/20/2011 73.27 two stars
 
CN 1.0
2009-12 03/01/2011 54.69 zero star
2008-12 08/01/2010 64.24 one star

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-6089816
Name in IRS Master File SAVE THE MUSIC FOUNDATION
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1955
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
  • September, 2013
Compensation % of Expenses Paid to Title
Not compensated -- Henry Donahue Executive Director
Other Salaries of Note
$16,322 0.40% Stephanie Werner Deputy Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
VH1 Save The Music Foundation (NY) 77.64 two stars
National YoungArts Foundation (FL) 87.42 three stars
Third Street Music School Settlement (NY) 93.48 four stars
MacPhail Center for Music (MN) 88.48 three stars
Kaufman Music Center (NY) 85.75 three stars

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Charity Contact Info

VH1 Save The Music Foundation
1515 Broadway
21st Floor
New York, NY 10036
tel: (212) 846-4391
EIN: 13-6089816

Mail donations to:
PO Box 2096
New York, NY 10108

Visit Web Site

Board Leadership

Chris McCarthy and Amy Doyle
Co-Chairs

CEO

Henry Donahue
Executive Director

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