American Music Therapy Association

EIN: 486107868 · Silver Spring, MD · NTEE: E22

$1.1MRevenue
$813KAssets
0/100Mission Score (Very Poor)
E22
American Music Therapy Association Financial Summary
MetricValue
Total Revenue$1.1M
Total Expenses$1.5M
Net Assets$-25,917

Is American Music Therapy Association Legit?

Insufficient Data

GoodFiling Consistency
UnknownSpending Efficiency
LimitedTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

About American Music Therapy Association

American Music Therapy Association (EIN: 486107868) is a nonprofit organization based in Silver Spring, MD, classified under NTEE code E22. The organization reported total revenue of $1.1M and total assets of $813K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Music Therapy Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

26Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

American Music Therapy Association is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -5.9%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$1.0M
Total Expenses$1.5M
Surplus / Deficit$-427,280
Total Assets$543K
Total Liabilities$569K
Net Assets$-25,917
Operating Margin-41.0%
Debt-to-Asset Ratio104.8%
Months of Reserves4.4 months

Financial Health Grade: C

In 2022, American Music Therapy Association reported a deficit of $427K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 104.8% (high leverage).

Financial Trends

Over 13 years of filings (2011–2022), American Music Therapy Association's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.

YearRevenue ChangeExpense ChangeAsset Change
2022-44.9%-22.3%-37.3%
2021+73.6%+101.7%-21.1%
2020-38.5%-52.4%+1.2%
2020-2.8%-5.0%+9.0%
2019+0.3%+9.4%-27.6%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2000

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Analysis Pending

AI enrichment for American Music Therapy Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Music Therapy Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$1.0MTotal Revenue
$1.5MTotal Expenses
$543KTotal Assets
$569KTotal Liabilities
$-25,917Net Assets
  • The organization reported a deficit of $427K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 104.8%.

Frequently Asked Questions about American Music Therapy Association

Is American Music Therapy Association a legitimate charity?

American Music Therapy Association (EIN: 486107868) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: C.

How does American Music Therapy Association spend its money?

American Music Therapy Association reported $1.1M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.

Are donations to American Music Therapy Association tax-deductible?

American Music Therapy Association is registered as a tax-exempt nonprofit (EIN: 486107868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is American Music Therapy Association located?

American Music Therapy Association is headquartered in Silver Spring, Maryland and files with the IRS under EIN 486107868. It is classified under NTEE code E22.

How many years of IRS 990 filings does American Music Therapy Association have?

American Music Therapy Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.

Filing History

IRS 990 filing history for American Music Therapy Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2022), American Music Therapy Association's revenue has declined by 48.7%, moving from $2.0M to $1.0M. Total assets decreased by 53.9% over the same period, from $1.2M to $543K. Total functional expenses fell by 6.2%, from $1.6M to $1.5M. In its most recent filing year (2022), American Music Therapy Association reported a deficit of $427K, with expenses exceeding revenue. The organization holds $569K in liabilities against $543K in assets (debt-to-asset ratio: 104.8%), resulting in net assets of $-25,917.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $1.0M $1.5M $543K $569K View 990
2021 $1.9M $1.9M $866K $344K View 990
2020 $1.1M $937K $1.1M $545K View 990
2020 $1.8M $2.0M $1.1M $768K View 990
2019 $1.8M $2.1M $995K $503K View 990
2018 $1.8M $1.9M $1.4M $649K View 990
2017 $1.9M $1.8M $1.4M $649K View 990
2016 $1.8M $1.7M $1.3M $559K View 990
2015 $1.7M $1.7M $1.2M $610K View 990
2014 $1.5M $1.6M $1.2M $561K View 990
2013 $1.7M $1.7M $1.2M $546K View 990
2012 $1.5M $1.6M $1.2M $535K View 990
2011 $2.0M $1.6M $1.2M $419K View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $1.0M, expenses of $1.5M, and assets of $543K (revenue -44.9% year-over-year).
  • 2021: Revenue of $1.9M, expenses of $1.9M, and assets of $866K (revenue +73.6% year-over-year).
  • 2020: Revenue of $1.1M, expenses of $937K, and assets of $1.1M (revenue -38.5% year-over-year).
  • 2020: Revenue of $1.8M, expenses of $2.0M, and assets of $1.1M (revenue -2.8% year-over-year).
  • 2019: Revenue of $1.8M, expenses of $2.1M, and assets of $995K (revenue +0.3% year-over-year).
  • 2018: Revenue of $1.8M, expenses of $1.9M, and assets of $1.4M (revenue -2.6% year-over-year).
  • 2017: Revenue of $1.9M, expenses of $1.8M, and assets of $1.4M (revenue +1.7% year-over-year).
  • 2016: Revenue of $1.8M, expenses of $1.7M, and assets of $1.3M (revenue +8.2% year-over-year).
  • 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $1.2M (revenue +13.0% year-over-year).
  • 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $1.2M (revenue -14.2% year-over-year).
  • 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $1.2M (revenue +16.3% year-over-year).
  • 2012: Revenue of $1.5M, expenses of $1.6M, and assets of $1.2M (revenue -26.0% year-over-year).
  • 2011: Revenue of $2.0M, expenses of $1.6M, and assets of $1.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for American Music Therapy Association:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for American Music Therapy Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Other Nonprofits in Maryland

Explore more nonprofits based in Maryland with AI-powered transparency reports.

View all Maryland nonprofits →

Similar Organizations (NTEE E22)

Other nonprofits classified under NTEE code E22.

View all E22 nonprofits →

Explore Related Nonprofits

Browse by State