WE BELIEVE THAT EVERY YOUNG PERSON SHOULD HAVE THE OPPORTUNITY TO EXPERIENCE THE MAGIC OF MUSIC. MUSIC HAS THE POWER TO BUILD ACADEMIC AND SOCIAL SKILLS, UNLEASH CREATIVITY, AND DEVELOP SELF-CONFIDENCE AND SELF-ESTEEM. MUSIC IS THE MAGNET THAT ATTRACTS YOUTH TO A SAFE PLACE TO LEARN AND GROW, AWAY FROM THE CULTURE OF DRUGS, GANGS, AND VIOLENCE WHICH IS ALL TOO PREVALENT ON THE STREETS OF THE LOW-INCOME URBAN AREAS WE TARGET. OUR PARTNERSHIPS WITH YOUTH DEVELOPMENT ORGANIZATIONS PROVIDE PARTICIPANTS IN MIDDLE SCHOOL AND OLDER WITH AFTER-SCHOOL MUSIC EDUCATION AS WELL AS ACCESS TO PROGRAMS AIMED AT SUCCESSFUL HIGH SCHOOL GRADUATION, OPPORTUNITIES FOR DEVELOPING JOB SKILLS, AND COLLEGE PREPARATION SUPPORT; ALL OF WHICH HELPS BUILD SELF-CONFIDENCE AND SELF-ESTEEM THAT WILL LAST A LIFETIME.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$591K
+3.4% YoY
Annual Giving
$114K
+23.8% YoY
Grant Count
9
+28.6% YoY
Avg Grant Size
$13K
-3.7% YoY
About Music and Youth Initiativeinc
Based on IRS filings
Music and Youth Initiativeinc is a nonprofit organization focused on Arts, Culture & Humanities, based in NEEDHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $591K in total assets. In 2024, it awarded 9 grants totaling $114K. Net investment income was $24K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $590,767 | $571,479 | $501,662 |
| Revenue | $227,167 | $238,445 | $326,840 |
| Expenses | $211,301 | $172,644 | $303,587 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $23,953 | $19,175 | $362 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
45 grants across all recorded years
Open Grants
1 open opportunity from Music and Youth Initiativeinc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY EICHHORN | PRESIDENT | 30 | — |
| JOAN EICHHORN | TREASURER, SECRETARY | 30 | — |
| MARK DUFFY | DIRECTOR | 0.5 | — |
| TOM HAMILTON | DIRECTOR | 0.5 | — |
| ANDREA HOWARD | DIRECTOR | 0.5 | — |
| HEATHER SULLIVAN | DIRECTOR | 0.5 | — |
| RICHARD EICHHORN | DIRECTOR | 0.5 | — |
| JOHN LECLAIRE | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Music and Youth Initiativeinc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
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- Monitor for new funding opportunities