Note-Able Music Therapy Services FY2021 filing

Reno, NV · Public charity (501(c)(3)) · Since 2003 · Arts & Culture

✓ Tax-deductible Latest data FY2021
Revenue
$726K
Spent
$508K
To programs
60%
Net assets
$541K
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending June 2021 (IRS tax year 2020).

Figures match the IRS filing checked 8/28/26 · see original: IRS

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — Minnie B Leonette Family Foundation
$5K in the latest grant year.
Spent on programs?
60% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
Legal name (IRS)Hdr · item CNote-Able Music Therapy Services
EINHdr · item D86-1067227
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFNov 2003
Year of formationHdr · item L2003
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CReno, NV
NTEE classificationIRS BMFArts & Culture (A6C)
WebsiteHdr · item Jwww.nmtsreno.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.28 Fundraising $0.13
Program services60%$302K
Management & general28%$140K
Fundraising13%$66K
Total functional expensesLn 25$508K

Financial health

Revenue & expenses by yearFY2021–FY2024
Revenue
$726K
FY2021
Expenses
$508K
FY2021
Program efficiency
60%
of spending reaches programs
Operating runway
11.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+30%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$541K
FY2021
Total liabilities
$0
FY2021
Revenue less expensesPt I · Ln 19$218K
Total assetsPt X · Ln 16$541K
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1$470K
Total assetsLn 16$541K
Total liabilitiesLn 26$0
Total net assetsLn 32$541K
Months of cash on handcomputed11.1

Statement of Revenue

Part VIII
Contributions & grants$547K · 75%
Program service revenue$154K · 21%
Other revenue$19K · 3%
Investment income$5K · 1%
Contributions & grants75%$547K
Program service revenue21%$154K
Other revenue3%$19K
Investment income1%$5K
Total revenueLn 12$726K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $491K · Operating expenses/yr $508K
11.6 months
Where the money goes
Program services
Program services $302K · Total expenses $508K
60%
Management & General
Management & general $140K · Total expenses $508K
28%
Fundraising
Fundraising $66K · Total expenses $508K
13%
Cost to raise $1
Fundraising expense $66K · Solicited contributions $547K
$0.12 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $547K · Total revenue $726K
75%
Government reliance
Government grants $0 · Total revenue $726K
0%
Earned-income share
Program service revenue $154K · Total revenue $726K
21%
Investment reliance
Investment income $5K · Total revenue $726K
+0.7%
Program self-sufficiency
Program service revenue $154K · Total expenses $508K
30%
Growth & trend
Revenue growth (YoY)
This year $726K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $541K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $726K · Expenses $508K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $541K
—
Net-asset ratio
Net assets $541K · Total assets $541K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $21K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $541K
4%
People & payroll
Highest Reported Total Compensation
Individual Andy Hughes · Reported title President · Highest reported compensation $0 · Total expenses $508K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $418K · Total expenses $508K
82%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 60%——
Overhead ratio 28%——
Fundraising cost ratio 12%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 1%——
Fundraising fee ratio 0%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Note-Able Music Therapy Services executive salaries →

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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 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

Mission and programs

Uses music to create lasting change and community connection for people of all abilities.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $302K of program spending, described in the organization's own filed words · FY2020.
01

Note-Able Music Therapy Services addresses physical social and mental health needs in our community by offering a range of adaptive music music therapy and neurologic music therapy services

$302Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$5K

Filing history

YearRevenueExpensesChangeFiling
FY2024 $3.2M$1.1M+36% 990 PDF
FY2023 $2.4M$883K+12% 990 PDF
FY2022 $2.1M$625K+190% 990 PDF
FY2021 Viewing $726K$508K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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