Education Through Music Inc
Education Through Music Inc. shows strong program spending and no reported officer compensation, with fluctuating revenues in recent years.
EIN: 133613210 · New York, NY · NTEE: A99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.3M |
| Total Expenses | $5.2M |
| Program Spending | 85% |
| Net Assets | $4.2M |
| Transparency Score | 90/100 |
Is Education Through Music Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Education Through Music Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Education Through Music Inc
Education Through Music Inc (EIN: 133613210) is a nonprofit organization based in New York, NY, classified under NTEE code A99Z. The organization reported total revenue of $8.3M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education Through Music Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Education Through Music Inc is a mid-size nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $5.2M |
| Surplus / Deficit | $-868,182 |
| Total Assets | $4.7M |
| Total Liabilities | $482K |
| Net Assets | $4.2M |
| Operating Margin | -20.0% |
| Debt-to-Asset Ratio | 10.3% |
| Months of Reserves | 10.8 months |
Financial Health Grade: B
In 2023, Education Through Music Inc reported a deficit of $868K with expenses exceeding revenue, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 10.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Education Through Music Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.3% | +30.4% | -13.1% |
| 2022 | +61.6% | -5.2% | +75.6% |
| 2021 | -1.9% | -30.7% | +11.1% |
| 2020 | -17.3% | +6.8% | -16.8% |
| 2019 | +6.9% | +5.5% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Education Through Music Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Education Through Music Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $868K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or receives compensation below the reporting threshold, which is a strong positive for donor confidence and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Education Through Music Inc's IRS 990 filings:
- Revenue dip in 2023 after a strong 2022, indicating potential instability in funding streams.
Strengths
The following positive indicators were identified for Education Through Music Inc:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency and dedication.
- Strong program spending ratio, ensuring most funds go directly to mission-related activities.
- Consistent growth in assets over the past decade, from $1,395,472 in 2014 to $7,056,796 currently.
- Long history of IRS 990 filings, demonstrating transparency and compliance.
Frequently Asked Questions about Education Through Music Inc
Is Education Through Music Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Education Through Music Inc (EIN: 133613210) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Education Through Music Inc spend its money?
Education Through Music Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Education Through Music Inc tax-deductible?
Education Through Music Inc is registered as a tax-exempt nonprofit (EIN: 133613210). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Education Through Music Inc's spending goes to programs?
Education Through Music Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Education Through Music Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Education Through Music Inc is above average for NTEE category A99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Education Through Music Inc located?
Education Through Music Inc is headquartered in New York, New York and files with the IRS under EIN 133613210. It is classified under NTEE code A99Z.
How many years of IRS 990 filings does Education Through Music Inc have?
Education Through Music Inc 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 $8.3M in total revenue.
Is Education Through Music Inc. a good charity?
Based on the available data, Education Through Music Inc. appears to be a good charity. It consistently directs a high percentage of its expenses towards program services, reports no officer compensation, and has a history of financial transparency through its 990 filings.
How has Education Through Music Inc.'s revenue trended over the last few years?
Education Through Music Inc.'s revenue has fluctuated in recent years. It saw a significant increase from $4,504,496 in 2021 to $7,280,519 in 2022, but then experienced a decrease to $4,349,388 in 2023.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, suggesting a highly efficient and potentially volunteer-led executive structure.
Filing History
IRS 990 filing history for Education Through Music Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Education Through Music Inc's revenue has grown by 130%, moving from $1.9M to $4.3M. Total assets increased by 546.6% over the same period, from $727K to $4.7M. Total functional expenses rose by 176.1%, from $1.9M to $5.2M. In its most recent filing year (2023), Education Through Music Inc reported a deficit of $868K, with expenses exceeding revenue. The organization holds $482K in liabilities against $4.7M in assets (debt-to-asset ratio: 10.3%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $5.2M | $4.7M | $482K | — | — |
| 2022 | $7.3M | $4.0M | $5.4M | $245K | — | View 990 |
| 2021 | $4.5M | $4.2M | $3.1M | $1.0M | — | View 990 |
| 2020 | $4.6M | $6.1M | $2.8M | $1.1M | — | — |
| 2019 | $5.6M | $5.7M | $3.3M | $240K | — | View 990 |
| 2018 | $5.2M | $5.4M | $3.4M | $127K | — | View 990 |
| 2017 | $5.6M | $5.0M | $3.5M | $55K | — | View 990 |
| 2016 | $4.9M | $4.3M | $2.8M | $67K | — | View 990 |
| 2015 | $3.8M | $2.9M | $2.2M | $34K | — | View 990 |
| 2014 | $2.8M | $2.4M | $1.4M | $74K | — | View 990 |
| 2013 | $2.7M | $2.5M | $973K | $39K | — | View 990 |
| 2012 | $2.1M | $2.1M | $793K | $75K | — | View 990 |
| 2011 | $1.9M | $1.9M | $727K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $5.2M, and assets of $4.7M (revenue -40.3% year-over-year).
- 2022: Revenue of $7.3M, expenses of $4.0M, and assets of $5.4M (revenue +61.6% year-over-year).
- 2021: Revenue of $4.5M, expenses of $4.2M, and assets of $3.1M (revenue -1.9% year-over-year).
- 2020: Revenue of $4.6M, expenses of $6.1M, and assets of $2.8M (revenue -17.3% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.7M, and assets of $3.3M (revenue +6.9% year-over-year).
- 2018: Revenue of $5.2M, expenses of $5.4M, and assets of $3.4M (revenue -7.8% year-over-year).
- 2017: Revenue of $5.6M, expenses of $5.0M, and assets of $3.5M (revenue +13.9% year-over-year).
- 2016: Revenue of $4.9M, expenses of $4.3M, and assets of $2.8M (revenue +31.8% year-over-year).
- 2015: Revenue of $3.8M, expenses of $2.9M, and assets of $2.2M (revenue +33.5% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.4M, and assets of $1.4M (revenue +5.5% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.5M, and assets of $973K (revenue +28.7% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.1M, and assets of $793K (revenue +9.5% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.9M, and assets of $727K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Education Through Music Inc:
Data Sources and Methodology
This transparency report for Education Through Music Inc 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.