Missouri Music Teachers Association

Analysis

Missouri Music Teachers Association is a registered charity in United States, based in Point Lookout, MO. It received its IRS tax-exemption ruling in October 1980, 46 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 April 2024, Missouri Music Teachers Association reported income of $55k and spending of $48k, spending 87% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $46k to $55k (+20%), an average of +20% a year. The sharpest change came in the year to April 2024, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missouri Music Teachers Association sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within MO. Charities of a similar size with the same main cause include Community Initiatives Inc ($55k), Rohnert Park Swim Club ($55k) and Ontracknorthamerica Inc ($55k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 12% and program service revenue 84% of the total. At year end it held assets of $55k against liabilities of $152, net assets of $55k.