Music Performance Trust Fund

Music Performance Trust Fund shows consistent growth and zero officer compensation, with recent liabilities warranting review.

EIN: 136295168 · New York, NY · NTEE: A120 · Updated: 2026-03-28

$15.4MRevenue

$11.0MAssets

90/100Mission Score (Excellent)

A120

About Music Performance Trust Fund

Music Performance Trust Fund (EIN: 136295168) is a nonprofit organization based in New York, NY, classified under NTEE code A120. The organization reported total revenue of $15.4M and total assets of $11.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Music Performance Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Music Performance Trust Fund (MPTF) demonstrates a strong and consistent financial growth trajectory over the past decade, with revenue increasing from $1,096,314 in 2015 to $5,946,878 in 2024, and assets growing from $5,151,594 to $10,706,735 in the same period. This indicates effective fundraising and asset management. The organization consistently spends close to or slightly more than its revenue, as seen in 2024 where expenses were $5,949,573 against revenues of $5,946,878, suggesting that funds are being actively deployed for its mission rather than accumulating excessive reserves. 

While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent growth in assets and revenue, coupled with the deployment of funds, suggests a healthy operational model. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which is a strong indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. The significant liability reported in 2024 ($18,703) compared to previous years warrants further investigation to understand its nature, though it is a small fraction of total assets.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Music Performance Trust Fund 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, Music Performance Trust Fund 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization of its size with current revenues of $5,946,878.

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 Music Performance Trust Fund's IRS 990 filings:

Significant increase in liabilities in 2024 ($18,703) compared to prior years, which were much lower (e.g., $178,353 in 2023, $25,635 in 2022).

Strengths

The following positive indicators were identified for Music Performance Trust Fund:

Consistent and strong revenue growth, from $1,096,314 in 2015 to $5,946,878 in 2024.
Assets have more than doubled over the past decade, from $5,151,594 in 2015 to $10,706,735 in 2024.
Zero officer compensation reported across all filings, indicating a strong commitment to directing funds to the mission.
Expenses generally align closely with revenue, suggesting active deployment of funds rather than excessive accumulation.

Frequently Asked Questions about Music Performance Trust Fund

What is the nature of the $18,703 in liabilities reported in the 2024 filing?

The provided data does not specify the nature of these liabilities. Further examination of the full IRS 990 form for 2024 would be necessary to understand this increase from previous years' much lower liability figures.

How does the Music Performance Trust Fund manage to operate with 0% officer compensation?

This suggests that executive leadership may be entirely volunteer-based, compensated through other means not reported as officer compensation on the 990, or that the organization has a unique operational structure. This is a significant positive for directing funds to programs.

What are the specific program activities funded by the Music Performance Trust Fund?

The NTEE code A120 indicates 'Performing Arts, General,' but the provided financial summary does not detail specific programs. A deeper dive into their full 990 or annual reports would clarify their programmatic spending.

Filing History

IRS 990 filing history for Music Performance Trust Fund showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Music Performance Trust Fund's revenue has grown by 77.9%, moving from $3.3M to $5.9M. Total assets increased by 261.5% over the same period, from $3.0M to $10.7M. Total functional expenses rose by 40.8%, from $4.2M to $5.9M. In its most recent filing year (2024), Music Performance Trust Fund reported a deficit of $3K, with expenses exceeding revenue. The organization holds $19K in liabilities against $10.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $10.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$5.9M	$5.9M	$10.7M	$19K	—	View 990
2023	$5.4M	$4.8M	$10.8M	$178K	—	—
2022	$4.6M	$3.4M	$10.1M	$26K	—	View 990
2021	$3.9M	$2.2M	$9.1M	$20K	—	—
2020	$3.7M	$1.8M	$7.4M	$2K	—	View 990
2019	$2.8M	$1.7M	$5.6M	$6K	—	View 990
2018	$2.0M	$1.3M	$4.4M	$6K	—	View 990
2017	$960K	$1.3M	$3.7M	$24K	—	View 990
2016	$878K	$1.4M	$4.5M	$17K	—	View 990
2015	$1.1M	$1.2M	$5.2M	$121K	—	View 990
2014	$1.2M	$1.6M	$5.3M	$61K	—	View 990
2013	$4.0M	$1.5M	$5.7M	$47K	—	View 990
2012	$2.2M	$1.9M	$3.2M	$58K	—	View 990
2011	$3.3M	$4.2M	$3.0M	$45K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $5.9M, expenses of $5.9M, and assets of $10.7M (revenue +10.5% year-over-year).
2023: Revenue of $5.4M, expenses of $4.8M, and assets of $10.8M (revenue +17.3% year-over-year).
2022: Revenue of $4.6M, expenses of $3.4M, and assets of $10.1M (revenue +17.5% year-over-year).
2021: Revenue of $3.9M, expenses of $2.2M, and assets of $9.1M (revenue +5.4% year-over-year).
2020: Revenue of $3.7M, expenses of $1.8M, and assets of $7.4M (revenue +30.9% year-over-year).
2019: Revenue of $2.8M, expenses of $1.7M, and assets of $5.6M (revenue +44.9% year-over-year).
2018: Revenue of $2.0M, expenses of $1.3M, and assets of $4.4M (revenue +103.5% year-over-year).
2017: Revenue of $960K, expenses of $1.3M, and assets of $3.7M (revenue +9.3% year-over-year).
2016: Revenue of $878K, expenses of $1.4M, and assets of $4.5M (revenue -19.9% year-over-year).
2015: Revenue of $1.1M, expenses of $1.2M, and assets of $5.2M (revenue -8.8% year-over-year).
2014: Revenue of $1.2M, expenses of $1.6M, and assets of $5.3M (revenue -69.7% year-over-year).
2013: Revenue of $4.0M, expenses of $1.5M, and assets of $5.7M (revenue +84.1% year-over-year).
2012: Revenue of $2.2M, expenses of $1.9M, and assets of $3.2M (revenue -35.6% year-over-year).
2011: Revenue of $3.3M, expenses of $4.2M, and assets of $3.0M.

Data Sources and Methodology

This transparency report for Music Performance Trust Fund 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.