Muscle Shoals Music Association Inc
Muscle Shoals Music Association Inc. shows highly variable revenue and expenses, with no officer compensation reported.
EIN: 202158950 · Muscle Shoals, AL · NTEE: A99 · Updated: 2026-03-28
Is Muscle Shoals Music Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Muscle Shoals Music Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Muscle Shoals Music Association Inc
Muscle Shoals Music Association Inc (EIN: 202158950) is a nonprofit organization based in Muscle Shoals, AL, classified under NTEE code A99. The organization reported total revenue of $20K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Muscle Shoals Music Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Muscle Shoals Music Association Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Muscle Shoals Music Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all nine filings, indicating that no salaries are paid to its executives, which is highly favorable for directing funds to its mission.
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 Muscle Shoals Music Association Inc's IRS 990 filings:
- Highly inconsistent revenue generation over the years, making financial planning challenging.
- Significant decline in assets from $405,360 in 2015 to $31,658 in 2023 without clear explanation in filings.
Strengths
The following positive indicators were identified for Muscle Shoals Music Association Inc:
- Consistent reporting of 0% officer compensation, ensuring funds are not diverted to executive salaries.
- No reported liabilities across all nine filings, indicating strong financial solvency.
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Muscle Shoals Music Association Inc
Is Muscle Shoals Music Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Muscle Shoals Music Association Inc (EIN: 202158950) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Muscle Shoals Music Association Inc spend its money?
Muscle Shoals Music Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Muscle Shoals Music Association Inc tax-deductible?
Muscle Shoals Music Association Inc is registered as a tax-exempt nonprofit (EIN: 202158950). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant drop in revenue and assets after 2015?
The filings show a substantial decrease from $750,420 in revenue and $405,360 in assets in 2015 to significantly lower figures in subsequent years, suggesting a major change in funding or operations.
How does the organization sustain operations with such variable revenue?
With revenues ranging from $0 to over $750,000, understanding the operational model that allows the organization to continue its mission despite these fluctuations is key.
What are the primary program activities funded by the organization?
Given the NTEE code A99 (Arts, Culture, and Humanities, Other), more specific information on their programs would clarify how funds are utilized.
Filing History
IRS 990 filing history for Muscle Shoals Music Association Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Muscle Shoals Music Association Inc's revenue has declined by 94.2%, moving from $750K to $43K. Total assets decreased by 92.2% over the same period, from $405K to $32K. Total functional expenses fell by 88.3%, from $347K to $41K. In its most recent filing year (2023), Muscle Shoals Music Association Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $43K | $41K | $32K | $0 | — | — |
| 2022 | $34K | $41K | $29K | $0 | — | — |
| 2021 | $59K | $36K | $36K | $0 | — | — |
| 2020 | $10K | $628 | $33K | $0 | — | — |
| 2019 | $0 | $685 | $24K | $0 | — | View 990 |
| 2018 | $3K | $2K | $24K | $0 | — | View 990 |
| 2017 | $244 | $6K | $24K | $0 | — | View 990 |
| 2016 | $9K | $386K | $29K | $0 | — | View 990 |
| 2015 | $750K | $347K | $405K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $43K, expenses of $41K, and assets of $32K (revenue +29.0% year-over-year).
- 2022: Revenue of $34K, expenses of $41K, and assets of $29K (revenue -43.0% year-over-year).
- 2021: Revenue of $59K, expenses of $36K, and assets of $36K (revenue +480.6% year-over-year).
- 2020: Revenue of $10K, expenses of $628, and assets of $33K.
- 2019: Revenue of $0, expenses of $685, and assets of $24K (revenue -100.0% year-over-year).
- 2018: Revenue of $3K, expenses of $2K, and assets of $24K (revenue +1123.0% year-over-year).
- 2017: Revenue of $244, expenses of $6K, and assets of $24K (revenue -97.4% year-over-year).
- 2016: Revenue of $9K, expenses of $386K, and assets of $29K (revenue -98.7% year-over-year).
- 2015: Revenue of $750K, expenses of $347K, and assets of $405K.
Data Sources and Methodology
This transparency report for Muscle Shoals Music Association 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.