National Association for Music Education

Analysis

National Association for Music Education is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in July 1938, 88 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, National Association for Music Education reported income of $8.0m and spending of $7.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.5m to $8.0m (-24%), an average of -6.7% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Association for Music Education sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Minerals Metals & Materials Society Inc ($8.0m), San Antonio Childrens Museum ($8.0m) and Unmc Science Research Fund ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $923k (12% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $9.1m against liabilities of $3.4m, net assets of $5.7m. It reported 18 employees.