Tennessee Music Education Association

Analysis

Tennessee Music Education Association is a registered charity in United States, based in Bartlett, TN. It received its IRS tax-exemption ruling in August 2014, 12 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, Tennessee Music Education Association reported income of $91k and spending of $85k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2024, income fell from $102k to $91k (-11%), an average of -3.7% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tennessee Music Education Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Barfield Elementary ($91k), Elderwise Learning ($91k) and Russian School of Austin ($91k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.