Music Teachers National Association Inc

Analysis

Music Teachers National Association Inc is a registered charity in United States, based in Madison, WI. 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 $82k and spending of $86k, spending 105% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $56k to $82k (+47%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 102% 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 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within WI. Charities of a similar size with the same main cause include California Psychology Internship Council ($82k), Agricultural Foundation for Tennessee Tech Inc ($82k) and Chilkat Valley Pre-School ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.4% and program service revenue 76% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.

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.