Music Teachers National Association Inc
Music Teachers National Association Inc: Stable Finances, Low Overhead
EIN: 222688370 · Princeton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $156K |
| Total Expenses | $136K |
| Program Spending | 85% |
| Net Assets | $345K |
| Transparency Score | 75/100 |
Is Music Teachers National Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Music Teachers National Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Music Teachers National Association Inc
Music Teachers National Association Inc (EIN: 222688370) is a nonprofit organization based in Princeton, NJ. The organization reported total revenue of $156K and total assets of $376K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Music Teachers National Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Music Teachers National Association Inc is a small nonprofit that has been operating for 27 years, with 7 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $136K |
| Surplus / Deficit | $-6,205 |
| Total Assets | $349K |
| Total Liabilities | $4K |
| Net Assets | $345K |
| Operating Margin | -4.8% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 30.9 months |
Financial Health Grade: B
In 2023, Music Teachers National Association Inc reported a deficit of $6K with expenses exceeding revenue, holds 30.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2023), Music Teachers National Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.8% | +46.4% | +16.0% |
| 2020 | -25.7% | -13.5% | +7.6% |
| 2015 | +3.5% | -2.6% | +8.2% |
| 2014 | +9.0% | +6.8% | +5.7% |
| 2013 | -8.8% | +0.9% | +4.6% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Music Teachers National 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Music Teachers National Association 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information.
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.
Strengths
The following positive indicators were identified for Music Teachers National Association Inc:
- Consistent revenue and asset growth over the past decade.
- Very low administrative and fundraising costs, indicating efficient operations.
- Strong financial health with assets significantly exceeding liabilities.
- Stable financial performance across multiple reporting periods.
Frequently Asked Questions about Music Teachers National Association Inc
Is Music Teachers National Association Inc a legitimate charity?
Music Teachers National Association Inc (EIN: 222688370) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 7 years of IRS 990 filings on record. Total revenue: $156K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Music Teachers National Association Inc spend its money?
Music Teachers National Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Music Teachers National Association Inc tax-deductible?
Music Teachers National Association Inc is registered as a tax-exempt nonprofit (EIN: 222688370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Music Teachers National Association Inc's spending goes to programs?
Music Teachers National Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Music Teachers National Association Inc located?
Music Teachers National Association Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 222688370.
How many years of IRS 990 filings does Music Teachers National Association Inc have?
Music Teachers National Association Inc has 7 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 $156K in total revenue.
What does Music Teachers National Association Inc do?
Music Teachers National Association Inc is a nonprofit organization in the Unknown sector, located in Princeton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Music Teachers National Association Inc have?
Music Teachers National Association Inc reported total revenue of $155,769. Based on 7 IRS 990 filings on record.
What are Music Teachers National Association Inc's total assets?
Music Teachers National Association Inc holds total assets of $375,507 as reported in IRS 990 filings.
Where is Music Teachers National Association Inc located?
Music Teachers National Association Inc is based in Princeton, New Jersey.
What is Music Teachers National Association Inc's EIN?
Music Teachers National Association Inc's Employer Identification Number (EIN) is 222688370. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Music Teachers National Association Inc?
Music Teachers National Association Inc is classified under NTEE code Unknown (Unknown).
Is Music Teachers National Association Inc a registered 501(c)(3)?
Music Teachers National Association Inc appears in IRS records (EIN: 222688370). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Music Teachers National Association Inc file IRS Form 990?
Yes, Music Teachers National Association Inc has 7 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Music Teachers National Association Inc's revenue in 2023?
In the 202306 filing period, Music Teachers National Association Inc reported total revenue of $129,325, total expenses of $135,530, and net assets of $348,596.
Is Music Teachers National Association Inc's revenue growing or declining?
Music Teachers National Association Inc's revenue is growing. Revenue went from $95,217 (202006) to $129,325 (202306), a +35.8% change. Based on 7 filings on record.
What is Music Teachers National Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Music Teachers National Association Inc covers tax period 202306. It shows revenue of $129,325, expenses of $135,530, total assets of $348,596, and liabilities of $3,750.
How much does Music Teachers National Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Music Teachers National Association Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Music Teachers National Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Music Teachers National Association Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Music Teachers National Association Inc's strengths?
Positive indicators for Music Teachers National Association Inc include: Consistent revenue and asset growth over the past decade.. Very low administrative and fundraising costs, indicating efficient operations.. Strong financial health with assets significantly exceeding liabilities.. Stable financial performance across multiple reporting periods.. These findings are derived from AI analysis of the organization's financial filings.
How does Music Teachers National Association Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization maintain such a high program spending percentage?
The organization's consistent low 'x' (expenses) relative to 'r' (revenue) and 'a' (assets) suggests a lean operational model and effective resource allocation, allowing a large portion of funds to directly support its mission without significant overhead.
What is the significance of the 'l' (liabilities) remaining at or near zero across multiple years?
The consistent reporting of zero or very low liabilities indicates strong financial management and a lack of reliance on debt, contributing to the organization's overall stability and resilience.
Filing History
IRS 990 filing history for Music Teachers National Association Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2023), Music Teachers National Association Inc's revenue has grown by 13.9%, moving from $114K to $129K. Total assets increased by 65% over the same period, from $211K to $349K. Total functional expenses rose by 43.2%, from $95K to $136K. In its most recent filing year (2023), Music Teachers National Association Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $4K in liabilities against $349K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $345K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $129K | $136K | $349K | $4K | — | View 990 |
| 2020 | $95K | $93K | $301K | $0 | — | — |
| 2015 | $128K | $107K | $280K | $0 | — | View 990 |
| 2014 | $124K | $110K | $258K | $0 | — | View 990 |
| 2013 | $114K | $103K | $244K | $0 | — | View 990 |
| 2012 | $124K | $102K | $234K | $0 | — | View 990 |
| 2011 | $114K | $95K | $211K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $129K, expenses of $136K, and assets of $349K (revenue +35.8% year-over-year).
- 2020: Revenue of $95K, expenses of $93K, and assets of $301K (revenue -25.7% year-over-year).
- 2015: Revenue of $128K, expenses of $107K, and assets of $280K (revenue +3.5% year-over-year).
- 2014: Revenue of $124K, expenses of $110K, and assets of $258K (revenue +9.0% year-over-year).
- 2013: Revenue of $114K, expenses of $103K, and assets of $244K (revenue -8.8% year-over-year).
- 2012: Revenue of $124K, expenses of $102K, and assets of $234K (revenue +9.6% year-over-year).
- 2011: Revenue of $114K, expenses of $95K, and assets of $211K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Music Teachers National Association Inc:
Data Sources and Methodology
This transparency report for Music Teachers National 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.