American Music Therapy Association

Analysis

American Music Therapy Association is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2022, American Music Therapy Association reported income of $1.0m and spending of $1.5m, spending 141% of what it took in. Across the 5 years on record, from June 2019 to December 2022, income fell from $1.8m to $1.0m (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Music Therapy Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Lifeline Pregnancy Help Clinic ($1.0m), Making Headway Foundation Inc ($1.0m) and Azalea Place Non-Profit Housing ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $150k (10% of expenses). Other salaries and wages came to $486k. At year end it held assets of $543k against liabilities of $569k, net assets of -$26k. It reported 10 employees.