Kansas City Music Teachers Assoc
EIN: 480847103 · Overland Park, KS · NTEE: A036
Is Kansas City Music Teachers Assoc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kansas City Music Teachers Assoc
Kansas City Music Teachers Assoc (EIN: 480847103) is a nonprofit organization based in Overland Park, KS, classified under NTEE code A036. The organization reported total revenue of $35K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kansas City Music Teachers Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kansas City Music Teachers Assoc is a micro nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $27K |
| Surplus / Deficit | +$5K |
| Total Assets | $96K |
| Net Assets | $96K |
| Operating Margin | 14.9% |
| Months of Reserves | 43.2 months |
Financial Health Grade: A
In 2024, Kansas City Music Teachers Assoc reported a surplus of $5K with revenue exceeding expenses, holds 43.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Kansas City Music Teachers Assoc's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.0% | -20.7% | +5.1% |
| 2023 | +23.4% | +56.5% | -4.5% |
| 2022 | +12.9% | +26.1% | +2.4% |
| 2021 | -26.0% | -36.8% | +4.5% |
| 2020 | -20.0% | -24.4% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kansas City Music Teachers Assoc 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 Kansas City Music Teachers Assoc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Frequently Asked Questions about Kansas City Music Teachers Assoc
Is Kansas City Music Teachers Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kansas City Music Teachers Assoc (EIN: 480847103) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kansas City Music Teachers Assoc spend its money?
Detailed spending breakdown data is not yet available for Kansas City Music Teachers Assoc. Check back for updated IRS 990 analysis.
Are donations to Kansas City Music Teachers Assoc tax-deductible?
Kansas City Music Teachers Assoc is registered as a tax-exempt nonprofit (EIN: 480847103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Kansas City Music Teachers Assoc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Kansas City Music Teachers Assoc's revenue has declined by 32.8%, moving from $47K to $31K. Total assets increased by 66.9% over the same period, from $58K to $96K. Total functional expenses fell by 40.2%, from $45K to $27K. In its most recent filing year (2024), Kansas City Music Teachers Assoc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $31K | $27K | $96K | $0 | — | — |
| 2023 | $29K | $34K | $91K | $0 | — | View 990 |
| 2022 | $24K | $22K | $96K | $0 | — | — |
| 2021 | $21K | $17K | $94K | $0 | — | View 990 |
| 2020 | $28K | $27K | $90K | $0 | — | View 990 |
| 2019 | $36K | $36K | $88K | $0 | — | View 990 |
| 2018 | $39K | $31K | $88K | $0 | — | — |
| 2017 | $37K | $37K | $80K | $0 | — | View 990 |
| 2016 | $45K | $34K | $79K | $0 | — | View 990 |
| 2015 | $26K | $24K | $68K | $0 | — | View 990 |
| 2014 | $49K | $46K | $67K | $0 | — | View 990 |
| 2013 | $51K | $45K | $64K | $0 | — | View 990 |
| 2012 | $47K | $45K | $58K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $31K, expenses of $27K, and assets of $96K (revenue +7.0% year-over-year).
- 2023: Revenue of $29K, expenses of $34K, and assets of $91K (revenue +23.4% year-over-year).
- 2022: Revenue of $24K, expenses of $22K, and assets of $96K (revenue +12.9% year-over-year).
- 2021: Revenue of $21K, expenses of $17K, and assets of $94K (revenue -26.0% year-over-year).
- 2020: Revenue of $28K, expenses of $27K, and assets of $90K (revenue -20.0% year-over-year).
- 2019: Revenue of $36K, expenses of $36K, and assets of $88K (revenue -9.8% year-over-year).
- 2018: Revenue of $39K, expenses of $31K, and assets of $88K (revenue +5.9% year-over-year).
- 2017: Revenue of $37K, expenses of $37K, and assets of $80K (revenue -17.5% year-over-year).
- 2016: Revenue of $45K, expenses of $34K, and assets of $79K (revenue +73.6% year-over-year).
- 2015: Revenue of $26K, expenses of $24K, and assets of $68K (revenue -46.9% year-over-year).
- 2014: Revenue of $49K, expenses of $46K, and assets of $67K (revenue -4.6% year-over-year).
- 2013: Revenue of $51K, expenses of $45K, and assets of $64K (revenue +9.9% year-over-year).
- 2012: Revenue of $47K, expenses of $45K, and assets of $58K.
Data Sources and Methodology
This transparency report for Kansas City Music Teachers Assoc 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.