Plugged in Band Program INC EIN 65-1195693 Form 990 (PDF) Claim this org

Plugged in Band Program INC FY2023 filing

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Provides youth with creative arts and cultural learning experiences. For fiscal year 2023 it reported $427K in revenue, $415K in expenses, and $276K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Needham, MA
Website
www.pluggedinband.org
Filings
6 on file (2020–2023)
Revenue
$427KFY2023
Expenses
$415K
Net assets
$276K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  65-1195693 Public charity (501(c)(3)) Needham, MA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides youth with creative arts and cultural learning experiences.
Leadership
Andy Friedman · Director
Money in and out
$427K revenue, $415K expenses
Bottom line
62% program efficiency
Where the money goes · FY2023
Total revenue
$427K
Pt VIII · Ln 12
Total expenses
$415K
Pt IX · Ln 25
Net assets
$276K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $12K
Where spending went · Part IX cols B–D
Program services $0.62 Management & general $0.20 Fundraising $0.18
Program efficiency
62%
of spending reaches programs
Operating runway
3.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$427K
FY2023▲ +12%
Expenses
$415K
FY2023▲ +16%
Total assets
$445K
FY2023+0.1%
Total liabilities
$168K
FY2023▼ -6%
Total revenue
$427K
Pt VIII · Ln 12
Total expenses
$415K
Pt IX · Ln 25
Net assets
$276K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$12K
Total assetsPt X · Ln 16$445K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPlugged in Band Program INC
EINHdr · item D65-1195693
Principal addressHdr · item CNeedham, MA
WebsiteHdr · item Jwww.pluggedinband.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFMay 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
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 · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $256K of program spending, described in the organization's own filed words · FY2022.
01

The organization provided musical education and learning opportunities to many students at no cost throughout the year as well as benefit concerts to raise funds for charities.

$256Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$263K · 62%
Program service revenue$164K · 38%
Contributions & grants62%$263K
Program service revenue38%$164K
Other revenue$319
Total revenueLn 12$427K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.62 Management & general $0.20 Fundraising $0.18
Program services62%$256K
Management & general20%$85K
Fundraising18%$74K
Total functional expensesLn 25$415K

Balance Sheet

Part X · end of year
CashLn 1$115K
Total assetsLn 16$445K
Total liabilitiesLn 26$168K
Total net assetsLn 32$276K
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $115K · Operating expenses/yr $415K
3.3 months
Where the money goes
Program services
Program services $256K · Total expenses $415K
62%
Management & General
Management & general $85K · Total expenses $415K
20%
Fundraising
Fundraising $74K · Total expenses $415K
18%
Cost to raise $1
Fundraising expense (3-yr avg) $66K · Solicited contributions (3-yr avg) $225K
$0.29 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $263K · Total revenue $427K
62%
Government reliance
Government grants — · Total revenue $427K
Earned-income share
Program service revenue $164K · Total revenue $427K
38%
Investment reliance
Investment income $0 · Total revenue $427K
0%
Program self-sufficiency
Program service revenue $164K · Total expenses $415K
39%
Growth & trend
Revenue growth (YoY)
This year $427K · Prior year $382K
+12%
Net-asset trend (YoY)
End of year $276K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $427K · Expenses $415K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $445K
Net-asset ratio
Net assets $276K · Total assets $445K
62%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $445K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Andy Friedman · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $415K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $270K · Total expenses $415K
65%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 62%
Overhead ratio 20%
Fundraising cost ratio 28%
Revenue growth 12%
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 · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$17K

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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
FY2025 (Latest)$616K revenue · ⤓ 990 PDF
FY2024$539K revenue · ⤓ 990 PDF
FY2023$427K revenue · viewing · ⤓ 990 PDF
FY2022$382K revenue · ⤓ 990 PDF
FY2021$433K revenue · ⤓ 990 PDF
FY2020$314K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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