Music Teachers National Association Inc

Analysis

Music Teachers National Association Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Music Teachers National Association Inc reported income of $336k and spending of $226k, leaving 33% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $299k to $336k (+12%), an average of +3.0% a year. The sharpest change came in the year to August 2021, when income rose by 103%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Music Teachers National Association Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Literacy Project ($336k), Cpath Community Building Group ($336k) and Design Connect Create ($336k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 42% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $21k (9.4% of expenses). At year end it held assets of $836k against liabilities of $0, net assets of $836k.