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Grinnell School of Music Inc

Grinnell, Iowa · EIN 88-3118049 · Arts, Culture & Humanities · tax-exempt since 2023

C

Charity Clarity grade C (score 56.7 of 100), based on the Form 990 for the year ended June 2025.

Graded against 44,780 arts, culture & humanities nonprofits with revenue $500K–$2M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.34.7 months47
GovernanceBoard independence, key policies and audit, per the 990.56% of practices56
Margin stabilityHow steady the surplus or deficit is year to year.70
Revenue spreadHow much revenue rests on one type of income.77% from one source38
Filing recordOn-time, complete filings, year after year.100%100

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

202320242025grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Jun 2025Form 990$520K$211K$309K$611K34.71C
Jun 2024Form 990$407K$137K$270K$302K26.51C
Jun 2023Form 990$49K$17K$32K$32K22.21C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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