Equity Arc FY2024 filing
Develops equitable opportunities for aspiring classical musicians from underrepresented ethnicities. For fiscal year 2024 it reported $1.0M in revenue, $526K in expenses, and $980K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Arts & Culture
- Location
- Cincinnati, OH
- Website
- www.niman.org
- Filings
- 4 on file (2022–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
The National Pathways Festival and Convening
The equity arc national pathways festival and convening brought 57 precollege fellows and two alumni from 17 pathways programs across the country to nashville for a multiday musical experience that included sectionals led by principal musicians of the nashville symphony, rehearsals led by maestro giancarlo guerrero, and a culminating…
Member Services
Common application for summer study: the common application for summer study is a free resource for musicians of color to apply to multiple summer music festivals with one application and one audition.
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 (black, indigenous, and people of color) musicians.
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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 | 52% | — | — |
| Overhead ratio | 28% | — | — |
| Fundraising cost ratio | 11% | — | — |
| Revenue growth | 61% | — | — |
| Legal fee ratio | 1% | — | — |
| Accounting fee ratio | 4% | — | — |
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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Filings & Schedule Manifest
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Sources
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