Reverb INC
Inspires musicians and fans to act for a sustainable future. For fiscal year 2024 it reported $7.2M in revenue, $3.8M in expenses, and $8.1M in net assets.Pt I
- Founded
- 2003
- Type
- Public charity (501(c)(3)) · Environment
- Location
- Portland, ME
- Website
- www.reverb.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
In 2024, reverb again worked with the iconic musicians in dead & co. Reverb was the production arm behind "participation row" along with our voter registration partners at headcount. During this residency at the sphere in las vegas, there were over 47,000 onsite and online fan actions taken; $1.4 million raised for dead & co.
Reverb continued growing our music decarbonization project which works to advance innovative climate solutions to directly eliminate carbon emissions created by the music industry. The funding raised for this project helps develop and promote the necessary shift toward increased efficiency, expanding clean energy options, and reducing…
During 2024, reverb's major program accomplishment areas were connected to three marquis programs and artists: billie eilish tour, our music decarbonization project, dead & company at the SPHERE.REVERB had the honor of again joining forces with billie eilish, who we began working with in 2020.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Gardner Adam’s $132K as Co-Director is at the 53rd percentile of top reported officer pay among 1845 $1–10M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Gardner Adam | $131,541 | $139,125 | $139,125 | $111,819 | $105,300 |
| Sullivan Lauren | $131,541 | $139,125 | $139,125 | $98,169 | $79,178 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 85% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | 31% | — | — |
| Investment management fee ratio | 0.2% | — | — |
| Accounting fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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