Wisconsin Music Educators Conference Inc

Analysis

Wisconsin Music Educators Conference Inc is a registered charity in United States, based in Waunakee, WI. It received its IRS tax-exemption ruling in May 1971, 55 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, Wisconsin Music Educators Conference Inc reported income of $224k and spending of $234k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $271k to $224k (-17%), an average of -4.7% a year. The sharpest change came in the year to June 2022, when income rose by 131%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wisconsin Music Educators Conference Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Shawnee Mission North Band Parents Club ($224k), Oklahoma Philharmonic Affiliated Fund of the Oklahoma City ($224k) and Music Box Players ($224k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $42k (18% of expenses). Other salaries and wages came to $18k. At year end it held assets of $236k against liabilities of $49k, net assets of $186k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.