Music Teachers National Association Inc

Analysis

Music Teachers National Association Inc is a registered charity in United States, based in Cincinnati, OH. 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 June 2024, Music Teachers National Association Inc reported income of $2.9m and spending of $2.6m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.6m to $2.9m (+11%), an average of +2.2% a year. Over the whole period it spent 89% 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 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Timothy L Johnson Academy Middle School Inc ($2.9m), Covenant Christian Academy ($2.9m) and Georgia Independent School Association ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.5% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $312k (12% of expenses). Other salaries and wages came to $537k. At year end it held assets of $7.3m against liabilities of $1.3m, net assets of $6.1m. It reported 9 employees.