Equity Arc FY2023 filing
Develops equitable opportunities for aspiring classical musicians from underrepresented ethnicities. For fiscal year 2023 it reported $647K in revenue, $296K in expenses, and $462K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Arts & Culture
- Location
- Cincinnati, OH
- Website
- www.niman.org
- Filings
- 4 on file (2022–2023)
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Summary of the Filing
Where the work happens
National Pathways Festival and Convening
The equity arc national pathways festival and convening brought 40 precollege fellows from 11 pathways programs across the country to cincinnati for a multiday musical experience that included mock auditions with collegiate faculty, rehearsals led by aik khai pung and kevin john edusei, and a culminating side-by-side performance of brian…
Member Services
Increasing and improving the services provided to members was a strategic priority for this past season. Key projects included launching a virtual event series for members, refining our organizational identity, and investing in a robust website to create more online resources and engagement opportunities for members.
National Collective for Musical Pathways
In fall of 2022, equity arc launched the national collective for musical pathways, an alliance of rigorous precollege music training programs committed to removing barriers and accelerating the progress of bipoc musicians. This was a culmination of roundtable conversations at the 2022 youth in music festival and summit in chicago.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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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 | 29% | — | — |
| Overhead ratio | 69% | — | — |
| Fundraising cost ratio | 1% | — | — |
| Revenue growth | 201% | — | — |
| Legal fee ratio | 3% | — | — |
| Accounting fee ratio | 0.9% | — | — |
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.
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