Maine Music Educators Association

Analysis

Maine Music Educators Association is a registered charity in United States, based in Auburn, ME. It received its IRS tax-exemption ruling in November 2017, 9 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 2023, Maine Music Educators Association reported income of $260k and spending of $280k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $138k to $260k (+88%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maine Music Educators Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 53rd percentile within ME. Charities of a similar size with the same main cause include Keota Unlimited ($260k), Madison Abc Program Incorporated ($260k) and Badgerland After School Enrichment Program Inc ($260k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $21k (7.4% of expenses). At year end it held assets of $261k against liabilities of $95k, net assets of $167k. It reported 1 employees.

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.