Iowa Music Educators Assn
EIN: 431151155 · Sioux City, IA
| Metric | Value |
|---|---|
| Total Revenue | $58K |
| Total Expenses | $69K |
| Net Assets | $56K |
Is Iowa Music Educators Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Music Educators Assn
Iowa Music Educators Assn (EIN: 431151155) is a nonprofit organization based in Sioux City, IA. The organization reported total revenue of $58K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Music Educators Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Music Educators Assn is a micro nonprofit that has been operating for 48 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $69K |
| Surplus / Deficit | $-2,087 |
| Total Assets | $56K |
| Net Assets | $56K |
| Operating Margin | -3.1% |
| Months of Reserves | 9.8 months |
Financial Health Grade: B
In 2022, Iowa Music Educators Assn reported a deficit of $2K with expenses exceeding revenue, holds 9.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Iowa Music Educators Assn's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +138.1% | +87.9% | -3.6% |
| 2021 | -63.2% | -49.7% | -12.9% |
| 2020 | +6.8% | +5.1% | +5.3% |
| 2019 | -5.1% | -1.8% | +3.3% |
| 2018 | -4.6% | -7.2% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Music Educators Assn 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 Iowa Music Educators Assn 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:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Iowa Music Educators Assn
Is Iowa Music Educators Assn a legitimate charity?
Iowa Music Educators Assn (EIN: 431151155) is a registered tax-exempt nonprofit based in Iowa. It has 12 years of IRS 990 filings on record. Total revenue: $58K. No red flags identified. Financial health grade: B.
How does Iowa Music Educators Assn spend its money?
Iowa Music Educators Assn reported $58K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iowa Music Educators Assn tax-deductible?
Iowa Music Educators Assn is registered as a tax-exempt nonprofit (EIN: 431151155). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Music Educators Assn located?
Iowa Music Educators Assn is headquartered in Sioux City, Iowa and files with the IRS under EIN 431151155.
How many years of IRS 990 filings does Iowa Music Educators Assn have?
Iowa Music Educators Assn has 12 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 $58K in total revenue.
Filing History
IRS 990 filing history for Iowa Music Educators Assn showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Iowa Music Educators Assn's revenue has grown by 125.1%, moving from $30K to $67K. Total assets increased by 71.9% over the same period, from $33K to $56K. Total functional expenses rose by 200.9%, from $23K to $69K. In its most recent filing year (2022), Iowa Music Educators Assn reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $67K | $69K | $56K | $0 | — | View 990 |
| 2021 | $28K | $37K | $58K | $0 | — | — |
| 2020 | $76K | $73K | $67K | $0 | — | View 990 |
| 2019 | $71K | $69K | $63K | $0 | — | View 990 |
| 2018 | $75K | $70K | $61K | $0 | — | — |
| 2017 | $79K | $76K | $57K | $0 | — | View 990 |
| 2016 | $109K | $100K | $54K | $0 | — | View 990 |
| 2015 | $69K | $61K | $45K | $0 | — | View 990 |
| 2014 | $64K | $57K | $37K | $0 | — | View 990 |
| 2013 | $61K | $71K | $31K | $0 | — | View 990 |
| 2012 | $60K | $52K | $40K | $0 | — | View 990 |
| 2011 | $30K | $23K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $67K, expenses of $69K, and assets of $56K (revenue +138.1% year-over-year).
- 2021: Revenue of $28K, expenses of $37K, and assets of $58K (revenue -63.2% year-over-year).
- 2020: Revenue of $76K, expenses of $73K, and assets of $67K (revenue +6.8% year-over-year).
- 2019: Revenue of $71K, expenses of $69K, and assets of $63K (revenue -5.1% year-over-year).
- 2018: Revenue of $75K, expenses of $70K, and assets of $61K (revenue -4.6% year-over-year).
- 2017: Revenue of $79K, expenses of $76K, and assets of $57K (revenue -27.6% year-over-year).
- 2016: Revenue of $109K, expenses of $100K, and assets of $54K (revenue +58.7% year-over-year).
- 2015: Revenue of $69K, expenses of $61K, and assets of $45K (revenue +6.9% year-over-year).
- 2014: Revenue of $64K, expenses of $57K, and assets of $37K (revenue +4.7% year-over-year).
- 2013: Revenue of $61K, expenses of $71K, and assets of $31K (revenue +2.2% year-over-year).
- 2012: Revenue of $60K, expenses of $52K, and assets of $40K (revenue +102.2% year-over-year).
- 2011: Revenue of $30K, expenses of $23K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Music Educators Assn:
Data Sources and Methodology
This transparency report for Iowa Music Educators Assn 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.