Music Teachers National Association Inc

Analysis

Music Teachers National Association Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in March 1999, 27 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Music Teachers National Association Inc reported income of $129k and spending of $136k, spending 105% of its income. Across the 2 years on record, from June 2020 to June 2023, income grew from $95k to $129k (+36%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Music Teachers National Association Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Sos Beagle Rescue Inc ($129k), Bethlehem House Inc ($129k) and Giannas House Inc ($129k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 92% of the total. At year end it held assets of $349k against liabilities of $3,750, net assets of $345k.