Washington State Music Teachers Association

Analysis

Washington State Music Teachers Association is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in December 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Washington State Music Teachers Association reported income of $279k and spending of $261k, spending 94% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $201k to $279k (+39%), an average of +12% a year. The sharpest change came in the year to August 2023, when income rose by 44%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington State Music Teachers Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include Women Who Weld ($279k), Phi Kappa Theta National Foundation ($279k) and Fulmont College Association Inc ($279k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 19% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $34k (13% of expenses). At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 1 employees.