National Federation Of Music Clubs
National Federation Of Music Clubs maintains stable finances with no officer compensation.
EIN: 20737091 · Silverton, OR · NTEE: A68 · Updated: 2026-03-28
About National Federation Of Music Clubs
National Federation Of Music Clubs (EIN: 20737091) is a nonprofit organization based in Silverton, OR, classified under NTEE code A68. The organization reported total revenue of $52K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Federation Of Music Clubs'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 National Federation Of Music Clubs with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, National Federation Of Music Clubs allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure, which is highly efficient for a nonprofit of this size.
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 National Federation Of Music Clubs:
- Consistent financial stability with assets around $150,000.
- Zero reported liabilities across all filings, indicating strong financial health.
- 0% officer compensation, demonstrating a highly efficient and volunteer-driven leadership.
- Stable revenue and expense patterns, suggesting predictable operations.
- Long-term asset growth from $99,179 in 2012 to $155,212 currently.
Frequently Asked Questions about National Federation Of Music Clubs
Is National Federation Of Music Clubs a good charity?
Based on the available data, the National Federation Of Music Clubs appears to be a well-managed and efficient charity. It maintains stable finances, has no liabilities, and reports 0% officer compensation, suggesting a strong commitment to its mission with minimal overhead.
How does the organization manage its expenses?
The organization's expenses are consistently close to its revenue, as seen in the 202406 period where expenses were $48,665 against $47,876 in revenue. This indicates a lean operational model, likely with a high proportion of spending directed towards program activities given the lack of officer compensation.
What is the trend in the organization's assets?
The organization's assets have shown a steady increase over the long term, from $99,179 in 201206 to $155,212 currently, indicating responsible financial stewardship and growth in its reserves.
Filing History
IRS 990 filing history for National Federation Of Music Clubs showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2024), National Federation Of Music Clubs's revenue has declined by 26.8%, moving from $65K to $48K. Total assets increased by 50.6% over the same period, from $99K to $149K. Total functional expenses fell by 32.4%, from $72K to $49K. In its most recent filing year (2024), National Federation Of Music Clubs reported a deficit of $789, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $48K | $49K | $149K | $0 | — | — |
| 2023 | $51K | $51K | $150K | $0 | — | — |
| 2022 | $44K | $43K | $148K | $0 | — | View 990 |
| 2021 | $64K | $51K | $159K | $0 | — | — |
| 2020 | $36K | $29K | $146K | $0 | — | View 990 |
| 2019 | $57K | $56K | $139K | $0 | — | View 990 |
| 2012 | $65K | $72K | $99K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $48K, expenses of $49K, and assets of $149K (revenue -5.7% year-over-year).
- 2023: Revenue of $51K, expenses of $51K, and assets of $150K (revenue +16.3% year-over-year).
- 2022: Revenue of $44K, expenses of $43K, and assets of $148K (revenue -32.0% year-over-year).
- 2021: Revenue of $64K, expenses of $51K, and assets of $159K (revenue +76.6% year-over-year).
- 2020: Revenue of $36K, expenses of $29K, and assets of $146K (revenue -36.0% year-over-year).
- 2019: Revenue of $57K, expenses of $56K, and assets of $139K (revenue -13.0% year-over-year).
- 2012: Revenue of $65K, expenses of $72K, and assets of $99K.
Data Sources and Methodology
This transparency report for National Federation Of Music Clubs 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.