Colorado Music Educators Association

Analysis

Colorado Music Educators Association is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Colorado Music Educators Association reported income of $671k and spending of $667k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $609k to $671k (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2022, when income rose by 334%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Music Educators Association sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Start Bright Inc ($671k), Changemakers Community Economic Development Corporation ($671k) and Mission Doctors Association ($671k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $398k against liabilities of $529k, net assets of -$131k.