Mission
THE PRIMARY MISSION OF THE ORGANIZATION IS TO PROVIDE THE FOLLOWING TO YOUNG MUSICIANS: FINANCIAL SUPPORT, EARLY TRAINING, ADVANCED STUDY, AND PROFESSIONAL CAREER DEVELOPMENT.
Small Public Charity
FOUNDATION TO ASSIST YOUNG MUSICIAN
FOUNDATION TO ASSIST YOUNG MUSICIAN is a Small Public Charity headquartered in LAS VEGAS, NV. Financial data from the 2025 filing: $169K revenue, $162K expenses, $292K total assets. 10 publicly reported grants to this organization, totaling roughly $123K, appear in IRS filings.
EIN: 261472871
LAS VEGAS, NV
Fund Raising & Fund Distribution
NTEE: A12
Latest filing: 2025
Total Revenue$169K
Total Expenses$162K
Total Assets$292K
Grant Records10
Funding Total$123K
Filing Years2020–2025
Where $100 goes at Foundation to Assist Young Musician
How Foundation to Assist Young Musician divides every $100 it spends, from its own Form 990-EZ filings, averaged across 8 years.
$100
Programs
the work itself
<$1
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $100 for programs
$94
Early music training helps fund and implement music training opportunities, beginning with pre-school and continuing throughout the twelfth grade
$3
The advanced study endeavors supported by faym include academic support for music study after graduation from high school, for example: tuition and fees at an institiute of higher…
$3
Assist aspiring musicians in developing opportunities to perform, pursue additional study and to participate in symposia, workshops, competitions and festivals
Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$35,000
UNRESTRICTED
$6,396
UNRESTRICTED
$5,551
For grant recipient's exempt purposes
$5,250
UNRESTRICTED
$7,541
Showing up to 5 of 10 total records — full history available with membership.
Officers & Directors
PRESIDENT
Arturo Ochoa
DIRECTOR
Bill Thornhill
DIRECTOR
David Held
SECRETARY
Deborah Bonds
PAST VICE PR
Dr Richard Mcgee
DIRECTOR
Elliot Gorlin
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $169K | $162K | $292K |
| 2024 | $194K | $157K | $285K |
| 2023 | $145K | $153K | $248K |
| 2022 | $134K | $118K | $255K |
| 2020 | $131K | $86K | $182K |
Between 2020 and 2025, reported annual revenue grew from $131K to $169K (+29%), with total assets most recently reported at $292K.
Interactive year-over-year charts and full filing details available with membership.