Louisiana Music Educators Association Inc

Analysis

Louisiana Music Educators Association Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in March 1967, 59 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 June 2024, Louisiana Music Educators Association Inc reported income of $148k and spending of $165k, spending 112% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $155k to $148k (-4.5%), an average of -4.5% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Music Educators Association Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within LA. Charities of a similar size with the same main cause include Down Syndrome Association of Greater Toledo ($148k), New Beginnings of Northwest Hills Litchfield County Inc ($148k) and Mark Charbonnier Scholarship Fund Inc ($148k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k.