Washington Music Educators Association
Analysis
Washington Music Educators Association is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in March 2013, 13 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, Washington Music Educators Association reported income of $1.6m and spending of $1.4m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.6m (+33%), an average of +9.9% a year. The sharpest change came in the year to June 2023, when income rose by 91%. Over the whole period it spent 99% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington Music Educators Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Imaginarium Group Inc ($1.6m), Coterie Inc ($1.6m) and Mercury Chamber Orchestra Inc ($1.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $85k (6.2% of expenses). Other salaries and wages came to $113k. At year end it held assets of $496k against liabilities of $17k, net assets of $479k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 22%
- Program services 78%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Imaginarium Group Inc | Fort Myers | $1.6m |
| Coterie Inc | Kansas City | $1.6m |
| Mercury Chamber Orchestra Inc | Houston | $1.6m |
| International Studio & Curatorialprogram Inc | Brooklyn | $1.6m |