Music Teachers National Association Inc

Analysis

Music Teachers National Association Inc is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in March 1999, 27 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 September 2023, Music Teachers National Association Inc reported income of $497k and spending of $471k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $504k to $497k (-1.3%), an average of -0.3% a year. The sharpest change came in the year to September 2022, when income rose by 38%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Music Teachers National Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Sigma Beta Delta Inc ($497k), Rocklin High School Blue Thunder Booster Club ($497k) and Seeds of Faith Christian Academy ($497k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $112k. At year end it held assets of $689k against liabilities of $1,193, net assets of $687k. It reported 2 employees.