Arizona Music Educators Association Inc

Analysis

Arizona Music Educators Association Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 1984, 42 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 2023, Arizona Music Educators Association Inc reported income of $528k and spending of $511k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $535k to $528k (-1.3%), an average of -0.3% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arizona Music Educators Association Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within AZ. Charities of a similar size with the same main cause include Association for Experiential Education ($528k), Economic Justice Fund ($528k) and Montana 4-H Foundation Inc ($528k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $48k. At year end it held assets of $340k against liabilities of $0, net assets of $340k. It reported 2 employees.