Tennessee Music Education Association

Analysis

Tennessee Music Education Association is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Tennessee Music Education Association reported income of $442k and spending of $459k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2024, income grew from $363k to $442k (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 93%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tennessee Music Education Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Utah Coalition for Educational Technology ($442k), Christian Faith Academy of Higher Learning Inc ($442k) and Healthy Cities Tutoring Inc ($442k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $28k (6.0% of expenses). At year end it held assets of $57k against liabilities of $0, net assets of $57k. It reported 1 employees.