Texas Music Educators Association Symposium Fund

Analysis

Texas Music Educators Association Symposium Fund is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 1976, 50 years ago. 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 2024, Texas Music Educators Association Symposium Fund reported income of $225k and spending of $221k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $194k to $225k (+16%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 159%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Music Educators Association Symposium Fund sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Menhealing ($225k), Colonial Neighborhood Council ($225k) and Cal-Earth Inc ($224k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% of the total. At year end it held assets of $1.5m against liabilities of $2,500, net assets of $1.5m.