Music and Youth Initiativeinc logo

Music and Youth Initiativeinc

NEEDHAM, MA EIN: 20-2767066 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AlbanyAllstonAsbury ParkAtlantaAtlantic CityBillericaBostonDorchesterFort WorthJamaica PlainLawrenceLowellMaldenRoxburyStonehamTauntonWarwickWilmington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$90K$180K$270K$360K20202021202220232024
Metric202420232022
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

$0$33K$66K$99K$132K11 grants20205 grants202113 grants20227 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

BOYS & GIRLS CLUBS OF ST…$40KBOYS & GIRLS CLUBS OF GR…$19KBOYS & GIRLS CLUBS OF TH…$16KBOYS & GIRLS CLUBS OF GR…$13KBOYS & GIRLS CLUBS OF ME…$9KBOYS & GIRLS CLUBS OF BO…$9KBOYS & GIRLS CLUBS OF WA…$8KBOYS & GIRLS CLUB OF DEL…$1KBOYS & GIRLS CLUBS OF DO…$875

Grant Size Distribution

45 grants across all recorded years

45<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
GARY EICHHORNPRESIDENT30
JOAN EICHHORNTREASURER, SECRETARY30
MARK DUFFYDIRECTOR0.5
TOM HAMILTONDIRECTOR0.5
ANDREA HOWARDDIRECTOR0.5
HEATHER SULLIVANDIRECTOR0.5
RICHARD EICHHORNDIRECTOR0.5
JOHN LECLAIREDIRECTOR0.5

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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