Music Teachers National Association

Analysis

Music Teachers National Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1999, 27 years ago. 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, Music Teachers National Association reported income of $60k and spending of $61k, spending 101% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $54k to $60k (+13%), an average of +13% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Music Teachers National Association sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Lois Baker Ministries Inc ($60k), Kentucky National Guard Memorial Fund Inc ($60k) and Harun Media Network Inc ($60k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 27% of the total. At year end it held assets of $205k against liabilities of $1,028, net assets of $204k.