Nevada Music Educators Association

Analysis

Nevada Music Educators Association is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in June 1987, 39 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, Nevada Music Educators Association reported income of $110k and spending of $136k, spending 125% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $70k to $110k (+56%), an average of +56% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nevada Music Educators Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within NV. Charities of a similar size with the same main cause include Arthur D Shaw Memorial Fund Inc ($110k), Vasco Da Gama Portuguese American Charitable Society Inc ($110k) and The Little Meadows Charitable Trust ($110k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 88% of the total. At year end it held assets of $7,656 against liabilities of $0, net assets of $7,656.