MUSIC YOUTH PARTNERSHIP FOUNDATION

EIN: 854220589 501(c)(3) Education

Wichita, KS

Total Revenue
$173,124
Total Expenses
$72,288
Total Assets
$119,336
Net Assets
$117,895
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
KS
Principal Officer
Becker Truster
Phone
9134245279
Tax Period
2024-07-01 to 2025-06-30

MUSIC YOUTH PARTNERSHIP FOUNDATION, founded in 2022, is a small nonprofit in the Education sector that reported $173K in total revenue in fiscal year 2024. Revenue surged 185% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101K, a strong 58% operating margin.

Mission

To provide mentoring in both music and character development to at-risk youth. The organization accomplishes this by sending highly-accomplished music educators into the classroom to assist in music programming with school districts during the day. Additionally, the organization provides instruments to students without access to them in other ways. The organization acts as a safety net to keep youth involved in the arts which develops character and reduces risk outcomes.

Program Service Accomplishments

Program 1
Expenses: $40,227 Revenue: $0

Classroom mentor program. These costs include the salaries for mentors to go into the classrooms, costs of instrument repair and acquisition, payroll taxes for the classroom mentors, and the cost of...

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Classroom mentor program. These costs include the salaries for mentors to go into the classrooms, costs of instrument repair and acquisition, payroll taxes for the classroom mentors, and the cost of liability insurance. This program had four teachers in seven different schools for two hours a week.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $173,124
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $173,124

Expense Breakdown

Grants Paid $0
Salaries & Benefits $41,185
Fundraising Expenses $24,533
Program Expenses $40,227
Other Expenses $16,568
TOTAL EXPENSES $72,288

Year-over-Year Comparison

2024 2023 Change
Revenue $173,124 $60,699 +1.9%
Expenses $72,288 $51,423 +0.4%
Net Income $100,836 $9,276 +9.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
4
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$9,750
Total Directors
9
$0
Key Employees
1
$9,750
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cathy Grant Executive Director 40
Officer Key Emp Highest
$9,750 $0 $9,750
Paul Drace Board President 3
Officer Director
$0 $0 $0
Joseph Sauer Board Vice President 2
Officer Director
$0 $0 $0
Robyn Truster Secretary 2
Officer Director
$0 $0 $0
Becker Truster Treasurer 6
Officer Director
$0 $0 $0
John Probst Member at Large 1
Director
$0 $0 $0
Jan Fox-Petersen Member at Large 1
Director
$0 $0 $0
Rob Simon Member at Large 1
Director
$0 $0 $0
Lisa Branine Member at Large 2
Director
$0 $0 $0
Greg Keith Member at Large 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $173,124 $72,288 $119,336 $100,836
2024 $60,699 $51,423 $18,729 $9,276
2023 $25,343 $17,560 $7,783 $7,783
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