CSCharityScored
47

Southwest Florida Music Education Center Inc

Arts & Culture · Naples, Florida

720 Goodlette Frank Rd N Ste 400, Naples, FL 34102-5656

EIN: 842825241· Founded: Sep 2019· 7 years active· Filing Year: 2023

Annual Revenue

$1.1M

Total Expenses

$2.6M

Total Assets

$15.1M

Program Spending

5%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$91K

3.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$161K

Total Payroll

$251K

10% of total expenses

Where the Money Goes

5%
Programs: 5%
Payroll: 10%
Other overhead: 95%
Program Revenue$118K (10%)
Total Expenses$2.6M (100%)
Payroll$251K (10%)
Overhead (non-program)95%

Trust Score Breakdown

Program Spending Ratio

5% of expenses go to programs

40%

Revenue & Stability

$1.1M annual revenue

15%

Executive Compensation

$91K total officer comp (3.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$15.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.