Tennessee Music Education Association
Tennessee Music Education Association operates on tight margins with declining assets and no reported officer compensation.
EIN: 203325550 · Murfreesboro, TN · NTEE: B03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $442K |
| Total Expenses | $459K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $57K |
| Transparency Score | 75/100 |
Is Tennessee Music Education Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tennessee Music Education Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tennessee Music Education Association
Tennessee Music Education Association (EIN: 203325550) is a nonprofit organization based in Murfreesboro, TN, classified under NTEE code B03. The organization reported total revenue of $442K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tennessee Music Education Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tennessee Music Education Association is a small nonprofit that has been operating for 12 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $442K |
| Total Expenses | $459K |
| Surplus / Deficit | $-17,346 |
| Total Assets | $57K |
| Net Assets | $57K |
| Operating Margin | -3.9% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2024, Tennessee Music Education Association reported a deficit of $17K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2011–2024), Tennessee Music Education Association's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.2% | +3.5% | -24.7% |
| 2023 | +35.6% | +43.2% | -16.0% |
| 2022 | +227.1% | +162.1% | +7.2% |
| 2021 | -41.0% | -39.6% | -20.6% |
| 2020 | -54.9% | -48.5% | -23.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
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 Tennessee Music Education Association 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, Tennessee Music Education Association 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues around $400,000.
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 Tennessee Music Education Association's IRS 990 filings:
- Declining asset base from $154,282 in 2018 to $56,547 in 2024, indicating potential long-term financial vulnerability.
- Consistent small operational deficits in multiple recent periods (e.g., 202406, 202306, 202106), suggesting expenses frequently exceed revenue.
Strengths
The following positive indicators were identified for Tennessee Music Education Association:
- Consistent 0% officer compensation across all filings, indicating high efficiency and potentially volunteer-driven leadership.
- Minimal to zero liabilities reported in most periods, demonstrating strong debt management.
- Long history of IRS 990 filings (14 periods), indicating consistent transparency and compliance.
Frequently Asked Questions about Tennessee Music Education Association
Is Tennessee Music Education Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Tennessee Music Education Association (EIN: 203325550) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Tennessee Music Education Association spend its money?
Tennessee Music Education Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tennessee Music Education Association tax-deductible?
Tennessee Music Education Association is registered as a tax-exempt nonprofit (EIN: 203325550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tennessee Music Education Association CEO make?
Tennessee Music Education Association's highest-compensated officer earns $400,000. annually. The organization reported $442K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tennessee Music Education Association's spending goes to programs?
Tennessee Music Education Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tennessee Music Education Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), Tennessee Music Education Association is above average for NTEE category B03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tennessee Music Education Association located?
Tennessee Music Education Association is headquartered in Murfreesboro, Tennessee and files with the IRS under EIN 203325550. It is classified under NTEE code B03.
How many years of IRS 990 filings does Tennessee Music Education Association have?
Tennessee Music Education Association has 14 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 $442K in total revenue.
Why have the organization's assets declined significantly from $154,282 in 2018 to $56,547 in 2024?
The provided data does not specify the reasons for the asset decline, but it could be due to increased program spending, investment in specific initiatives, or operational deficits over time.
How does the organization manage to operate with 0% reported officer compensation?
This suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key personnel is categorized differently within the financial statements, such as program or administrative salaries, rather than officer compensation.
What is the primary source of the organization's revenue, and how stable is it?
The provided data only shows total revenue. To assess stability, one would need to examine the breakdown of revenue sources (e.g., membership dues, grants, event fees) over time.
Filing History
IRS 990 filing history for Tennessee Music Education Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Tennessee Music Education Association's revenue has grown by 121.8%, moving from $199K to $442K. Total assets decreased by 52.1% over the same period, from $118K to $57K. Total functional expenses rose by 144.2%, from $188K to $459K. In its most recent filing year (2024), Tennessee Music Education Association reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $442K | $459K | $57K | $0 | — | — |
| 2023 | $428K | $443K | $75K | $1K | — | — |
| 2022 | $316K | $310K | $89K | $0 | — | View 990 |
| 2021 | $97K | $118K | $83K | $0 | — | View 990 |
| 2020 | $164K | $195K | $105K | $0 | — | View 990 |
| 2019 | $363K | $380K | $137K | $520 | — | View 990 |
| 2018 | $363K | $345K | $154K | $520 | — | View 990 |
| 2017 | $330K | $308K | $136K | $2K | — | View 990 |
| 2016 | $295K | $304K | $114K | $482 | — | View 990 |
| 2015 | $198K | $213K | $128K | $6K | — | View 990 |
| 2014 | $209K | $192K | $138K | $391 | — | View 990 |
| 2013 | $216K | $200K | $125K | $391 | — | View 990 |
| 2012 | $180K | $189K | $109K | $0 | — | View 990 |
| 2011 | $199K | $188K | $118K | $353 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $442K, expenses of $459K, and assets of $57K (revenue +3.2% year-over-year).
- 2023: Revenue of $428K, expenses of $443K, and assets of $75K (revenue +35.6% year-over-year).
- 2022: Revenue of $316K, expenses of $310K, and assets of $89K (revenue +227.1% year-over-year).
- 2021: Revenue of $97K, expenses of $118K, and assets of $83K (revenue -41.0% year-over-year).
- 2020: Revenue of $164K, expenses of $195K, and assets of $105K (revenue -54.9% year-over-year).
- 2019: Revenue of $363K, expenses of $380K, and assets of $137K (revenue -0.1% year-over-year).
- 2018: Revenue of $363K, expenses of $345K, and assets of $154K (revenue +10.2% year-over-year).
- 2017: Revenue of $330K, expenses of $308K, and assets of $136K (revenue +11.7% year-over-year).
- 2016: Revenue of $295K, expenses of $304K, and assets of $114K (revenue +49.2% year-over-year).
- 2015: Revenue of $198K, expenses of $213K, and assets of $128K (revenue -5.4% year-over-year).
- 2014: Revenue of $209K, expenses of $192K, and assets of $138K (revenue -3.3% year-over-year).
- 2013: Revenue of $216K, expenses of $200K, and assets of $125K (revenue +20.0% year-over-year).
- 2012: Revenue of $180K, expenses of $189K, and assets of $109K (revenue -9.5% year-over-year).
- 2011: Revenue of $199K, expenses of $188K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tennessee Music Education Association:
Data Sources and Methodology
This transparency report for Tennessee Music Education Association 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.