National Music Publishers Assn Inc
National Music Publishers Assn Inc shows fluctuating financial health with significant asset growth but inconsistent revenue-to-expense ratios and undisclosed officer compensation.
EIN: 131078660 · Washington, DC · NTEE: J03 · Updated: 2026-03-28
Is National Music Publishers Assn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Music Publishers Assn Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Music Publishers Assn Inc
National Music Publishers Assn Inc (EIN: 131078660) is a nonprofit organization based in Washington, DC, classified under NTEE code J03. The organization reported total revenue of $28.8M and total assets of $28.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Music Publishers Assn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Music Publishers Assn Inc is a large nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 20.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.9M |
| Total Expenses | $16.1M |
| Surplus / Deficit | $-201,553 |
| Total Assets | $26.0M |
| Total Liabilities | $16.0M |
| Net Assets | $10.0M |
| Operating Margin | -1.3% |
| Debt-to-Asset Ratio | 61.5% |
| Months of Reserves | 19.3 months |
Financial Health Grade: C
In 2023, National Music Publishers Assn Inc reported a deficit of $202K with expenses exceeding revenue, holds 19.3 months of operating reserves (strong position), has a debt-to-asset ratio of 61.5% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), National Music Publishers Assn Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | -37.9% | +1.3% |
| 2022 | +10.6% | +98.0% | -26.0% |
| 2021 | -19.0% | +11.2% | +43.8% |
| 2020 | +34.5% | +30.2% | +11.1% |
| 2019 | -17.1% | -1.9% | +59.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
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 National Music Publishers Assn Inc with a Mission Score of 65 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: 75%
- fundraising: 10%
According to IRS 990 filings, National Music Publishers Assn Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $202K, with expenses exceeding revenue.
- Debt-to-asset ratio: 61.5%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this size with latest revenue of $28,797,154 and assets of $28,250,220, suggesting that executive compensation may be reported under other categories or is not directly paid to officers in a manner typically disclosed.
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 National Music Publishers Assn Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and may indicate a lack of transparency in executive pay disclosure.
- Significant fluctuations in revenue and expenses, with expenses exceeding revenue in multiple periods (e.g., 202206 and 201706), suggesting inconsistent financial planning or unexpected costs.
- High liabilities relative to assets in some periods (e.g., 202306 with $15,956,468 liabilities against $25,953,065 assets), which could indicate financial strain or specific operational financing.
Strengths
The following positive indicators were identified for National Music Publishers Assn Inc:
- Significant asset growth over time, from $8,907,500 in 201706 to $28,250,220 currently, indicating a build-up of organizational resources.
- Latest revenue of $28,797,154 demonstrates a strong capacity for income generation.
- Generally strong revenue performance in most years, with several periods showing revenue significantly exceeding expenses (e.g., 202006, 201906, 201806).
Frequently Asked Questions about National Music Publishers Assn Inc
Is National Music Publishers Assn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Music Publishers Assn Inc (EIN: 131078660) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does National Music Publishers Assn Inc spend its money?
National Music Publishers Assn Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Music Publishers Assn Inc tax-deductible?
National Music Publishers Assn Inc is registered as a tax-exempt nonprofit (EIN: 131078660). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is National Music Publishers Assn Inc a good charity?
The NMPA's financial health is mixed. While it has grown its assets significantly and reported high latest revenue, its expenses have sometimes exceeded revenue (e.g., 202206), and the consistent 0% officer compensation raises transparency questions. Its effectiveness as a 'charity' depends on its program impact, which is not fully discernible from these financial figures alone.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% for officer compensation across all filings is highly unusual for an organization with revenues in the tens of millions. This could indicate that compensation for key executives is reported under different expense categories, paid through related entities, or that the organization's leadership is entirely volunteer-based, which would be atypical for its scale. Further investigation into their compensation practices would be necessary for clarity.
What caused the significant expense increase in 202206?
In the 202206 period, the NMPA's expenses surged to $25,918,738, significantly higher than its revenue of $15,783,799 and previous year's expenses of $13,092,432. This substantial increase warrants a deeper look into the specific line items of their 990 filing for that period to understand what drove such a large expenditure.
How does the NMPA manage its liabilities?
The NMPA's liabilities have fluctuated considerably, reaching a high of $15,956,468 in 202306. While the organization has substantial assets ($25,953,065 in 202306), the ratio of liabilities to assets can vary. A detailed analysis of their balance sheet would be needed to understand the nature of these liabilities and their long-term management strategy.
Filing History
IRS 990 filing history for National Music Publishers Assn Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), National Music Publishers Assn Inc's revenue has grown by 267.1%, moving from $4.3M to $15.9M. Total assets increased by 2.4% over the same period, from $25.3M to $26.0M. Total functional expenses rose by 199.7%, from $5.4M to $16.1M. In its most recent filing year (2023), National Music Publishers Assn Inc reported a deficit of $202K, with expenses exceeding revenue. The organization holds $16.0M in liabilities against $26.0M in assets (debt-to-asset ratio: 61.5%), resulting in net assets of $10.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.9M | $16.1M | $26.0M | $16.0M | — | View 990 |
| 2022 | $15.8M | $25.9M | $25.6M | $15.4M | — | View 990 |
| 2021 | $14.3M | $13.1M | $34.6M | $14.3M | — | View 990 |
| 2020 | $17.6M | $11.8M | $24.1M | $4.7M | — | View 990 |
| 2019 | $13.1M | $9.0M | $21.7M | $8.2M | — | View 990 |
| 2018 | $15.8M | $9.2M | $13.6M | $4.2M | — | View 990 |
| 2017 | $10.2M | $21.7M | $8.9M | $6.1M | — | View 990 |
| 2016 | $4.3M | $5.4M | $25.3M | $11.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.9M, expenses of $16.1M, and assets of $26.0M (revenue +0.7% year-over-year).
- 2022: Revenue of $15.8M, expenses of $25.9M, and assets of $25.6M (revenue +10.6% year-over-year).
- 2021: Revenue of $14.3M, expenses of $13.1M, and assets of $34.6M (revenue -19.0% year-over-year).
- 2020: Revenue of $17.6M, expenses of $11.8M, and assets of $24.1M (revenue +34.5% year-over-year).
- 2019: Revenue of $13.1M, expenses of $9.0M, and assets of $21.7M (revenue -17.1% year-over-year).
- 2018: Revenue of $15.8M, expenses of $9.2M, and assets of $13.6M (revenue +54.6% year-over-year).
- 2017: Revenue of $10.2M, expenses of $21.7M, and assets of $8.9M (revenue +136.1% year-over-year).
- 2016: Revenue of $4.3M, expenses of $5.4M, and assets of $25.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Music Publishers Assn Inc:
Data Sources and Methodology
This transparency report for National Music Publishers Assn 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.