Unity Music Foundation EIN 45-1100375

Unity Music Foundation

EIN  45-1100375 Public foundation / grantmaker Lafayette, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Bridges cultures and generations through music, offering hope and resources to aspiring artists.
Leadership
Debbie Damboise · Secretary · $18K
Money in and out
$85K revenue, $216K expenses
Bottom line
91% program efficiency

Bridges cultures and generations through music, offering hope and resources to aspiring artists. For fiscal year 2024 it reported $85K in revenue, $216K in expenses, and $1.4M in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$85K
Pt VIII · Ln 12
Total expenses
$216K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$131K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs▲ +39% vs prior filing year
Operating runway
4.5mo
months of highly liquid reserves at operating expense rate▼ -81% vs prior filing year
Surplus margin
-155%
revenue over expenses, this year▼ -379% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$85K
FY2024▼ -60%
Expenses
$216K
FY2024▲ +131%
Total assets
$1.4M
FY2024▼ -8%
Total liabilities
$179
FY2024
Total revenue
$85K
Pt VIII · Ln 12
Total expenses
$216K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$131K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $197K of program spending, described in the organization's own filed words · FY2024.
01

Provide scholarships and donations for aspiring musicians

$114Kprogram expense
02

Producing quality music benefits and recordings in order to assist other organizations with their fundraising goals, while coaching and mentoring aspiring musicians by matching them up with master musicians.

$83Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CUnity Music Foundation
EINHdr · item D45-1100375
Principal addressHdr · item CLafayette, CA
WebsiteHdr · item Jwww.unitymusicfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T12)
Ruling yearIRS BMFAug 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$18,400Pt VII · Sec A
$0Pt VII · Sec A

Debbie Damboise’s $18K as Secretary is at the 67th percentile of top reported officer pay among 129 <$100K philanthropy & grantmaking 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Debbie Damboise$18,400$19,350$9,250$7,100$6,000

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

Part VIII
Contributions & grants$77K · 92%
Program service revenue$7K · 8%
Contributions & grants92%$77K
Program service revenue8%$7K
Investment income$255
Total revenueLn 12$85K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$197K
Management & general9%$19K
Total functional expensesLn 25$216K

Balance Sheet

Part X · end of year
CashLn 1$53K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$179
Total net assetsLn 32$1.4M
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $81K · Operating expenses/yr $216K
4.5 months
Where the money goes
Program services
Program services $197K · Total expenses $216K
91%
Management & General
Management & general $19K · Total expenses $216K
9%
Fundraising
Fundraising $0 · Total expenses $216K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $182K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $77K · Total revenue $85K
92%
Government reliance
Government grants — · Total revenue $85K
Earned-income share
Program service revenue $7K · Total revenue $85K
8%
Investment reliance
Investment income $255 · Total revenue $85K
0%
Program self-sufficiency
Program service revenue $7K · Total expenses $216K
3%
Growth & trend
Revenue growth (YoY)
This year $85K · Prior year $210K
-60%
Revenue CAGR
FY2020 $46K · FY2024 $85K
+16%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $85K · Expenses $216K
-155%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $28K · Total assets (Pt X, ln 16) $1.4M
2%
People & payroll
Highest Reported Total Compensation
Individual Debbie Damboise · Reported title SECRETARY · Highest reported compensation $18K · Total expenses $216K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $20K · Total expenses $216K
9%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0%
Revenue growth -60%
Legal fee ratio 1%
Accounting fee ratio 2%

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

Schedule I · this organization's grantmaking
Grants paid · 9 grants · $180K · 2022–2024
WnetNY · FY2024$70,000
Fractured Atlas INCNY · FY2024$25,000
Generations in JazzFY2024$10,000
Unitemized GrantFY2024$6,000
Unitemized GrantFY2023$12,439
Generations in JazzFY2023$10,300
The Mighty Mighty LLCFY2022$25,000
Unitemized GrantFY2022$11,200

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$85K revenue · viewing · ⤓ 990 PDF
FY2023$210K revenue · ⤓ 990 PDF
FY2022$274K revenue · ⤓ 990 PDF
FY2021$122K revenue · ⤓ 990 PDF
FY2020$46K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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