Arts, Culture & Humanities
(A60)
IRS Verified
DX Registered
990 on File
TETRA STRING QUARTET
Financial strength (30%)
76/100
Reliability (20%)
50/100
Effectiveness (25%)
83/100
Impact (25%)
65/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Founded by the Tetra String Quartet, Play Out! is a musical service initiative that brings free performances and educational opportunities to underserved communities in Arizona. Tetra's live concerts and workshops serve as an opening to create lasting relationships with members of the community and share the transformative power of music. By providing this platform for conversation and connection, Play Out! champions the belief that access to the arts is an essential human right.
Financial Overview — FY 2025
$222K
Total Revenue
$184K
Total Expenses
$87K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.3%
Fundraising Efficiency
104.1%
Operating Reserve
5.71x
Liability-to-Asset
23.9%
Revenue Diversification
58.5%
Executive Compensation
$112K
Compared with Peers
FY 2025
Compared with 7,068 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.3% | 81.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.7% | 13.7% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.0% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
104.1% | 27.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.7 mo | 9.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
23.9% | 1.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
58.5% | 77.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
368.8% | 6.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
259.8% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
17.3% | 2.4% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Improved music education and building relationships and confidence through music making | 6,765 | $400.00 | 210 | Per Month |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $222K | $184K | $87K | 90.3% | 0 |
| 2024 | $47K | $51K | $49K | 92.3% | — |
| 2023 | $118K | $103K | $52K | 92.2% | — |
| 2022 | $104K | $98K | $38K | 95.5% | — |
| 2021 | $50K | $44K | N/A | — | 1 |
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