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Filing year 2024

Free Guitars 4 Kids

St Louis Park, Minnesota·EIN 84-3584931·NTEE A68 · Arts, Culture & Humanities·3
Total revenue
$566k
Total assets
$163k
Total expenses
$556k
Reported officers
5
Mission

FG4K provides free guitars and lessons to students who might otherwise be unable to experience the joy and tangible benefits that owning a musical instrument provides.

Reported officers (all unpaid)

No paid executives reported in 2024. Free Guitars 4 Kids reported 5 unpaid officers and board members on its 990.

Secretary
Executive Director
Treasurer
Board Chair
Board Member
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Free Guitars 4 Kids equaled 39% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
39%
Sector median
11%
Middle half of sector
5% to 20%

Based on 16,529 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

Free Guitars 4 Kids reported revenue and expenses across 2 filing years.

RevenueExpenses
$369k
$290k
2023
$566k
$556k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in Minnesota

Free Guitars 4 Kids reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in Minnesota earns a median of $53,332.

25th percentile
$21k
Median
$53,332
75th percentile
$91k
90th percentile
$147k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 462 organizations across 462 filings (2021 – 2024).

See full Arts, Culture & Humanities pay data for Minnesota

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FAQ

Common questions about Free Guitars 4 Kids

What are Free Guitars 4 Kids's revenue and expenses?

In 2024, Free Guitars 4 Kids reported $566k in total revenue and $556k in total expenses on its IRS Form 990.

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