Technology Institute for Music Educators

Analysis

Technology Institute for Music Educators is a registered charity in United States, based in Fairview, TN. It received its IRS tax-exemption ruling in May 2000, 26 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 December 2023, Technology Institute for Music Educators reported income of $85k and spending of $110k, spending 129% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $82k to $85k (+3.5%), an average of +1.7% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Technology Institute for Music Educators sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within TN. Charities of a similar size with the same main cause include Wisconsin Deca Center Inc ($85k), Adams Music Boosters ($85k) and Braelinn Elementary Parent Teacher Organization Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 44% of the total. At year end it held assets of $27k against liabilities of $2,087, net assets of $25k.