Music Teachers National Association Inc

Analysis

Music Teachers National Association Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 1999, 27 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, Music Teachers National Association Inc reported income of $98k and spending of $75k, leaving 23% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $64k to $98k (+54%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Music Teachers National Association Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Inland Choral Music Education Inc ($98k), Living Vine Apostolic Faith Church Inc ($98k) and North American Folk Music and Dance Alliance Inc ($98k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.