Musicworks Inc

Youth development organization based in Leicester, NC. 12 employees. Exempt under §501(c)(3).

MissionMUSICWORKS IS AN INTENSIVE AFTER-SCHOOL PROGRAM, OFFERED IN BUNCOMBE COUNTY TO SCHOOL-AGED CHILDREN IN UNDER SERVED POPULATIONS THAT USES MUSIC EDUCATION AS A TOOL TO TEACH LIFE SKILLS.

EIN
81-5308559
State
NC
Sector
Youth development
Budget band
$250K–$500K
Latest filing
TY 2023
Records
1 officers · 2 years

Financial snapshot · TY 2023

$251K
Total revenue
$194K
Total expenses
$97K
Net assets

Financial health · TY 2024

63
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
44
7.9 months of expenses
Program efficiency
100
94.4% spent on programs
Revenue diversity
27
Mix of program fees, grants & contributions

Leadership compensation

David Wilken
Program Director
$62,288
62th percentile vs. peers

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Musicworks Inc Executive Compensation | 990 Data | DoubleNine