Utah Music Educators Association

Analysis

Utah Music Educators Association is a registered charity in United States, based in American Fork, UT. It received its IRS tax-exemption ruling in July 2020, 6 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, Utah Music Educators Association reported income of $551k and spending of $586k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $385k to $551k (+43%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 110%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Utah Music Educators Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within UT. Charities of a similar size with the same main cause include Voces8 Foundation ($551k), Texas Czech Heritage and Cultural Center Inc ($552k) and One Fest ($551k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $23k (3.9% of expenses). At year end it held assets of $327k against liabilities of $0, net assets of $327k.