Nmpa Supporting Our Next Generation of Songwriters Songs Foundation

Analysis

Nmpa Supporting Our Next Generation of Songwriters Songs Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nmpa Supporting Our Next Generation of Songwriters Songs Foundation reported income of $197k and spending of $110k, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $205k to $197k (-3.9%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income rose by 463%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nmpa Supporting Our Next Generation of Songwriters Songs Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 29th percentile within DC. Charities of a similar size with the same main cause include Drama and Arts Preschool Inc ($197k), Ellicottville Memorial Library ($197k) and Catholic Business Network of Montgomery County Scholarship ($197k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $936k against liabilities of $87k, net assets of $850k.