Indiana Music Educators Association Inc is located in Indianapolis, IN. The organization was established in 1975. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Music Educators Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Indiana Music Educators Association Inc generated $147.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $209.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE MUSIC EDUCATION - THE MISSION ISTRAINING, CONTINUING EDUCATION MATERIALS ANDTRAINING, CONTINUING EDUCATION MATERIALS AND SEMINARS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julia Heath-Reynolds President-Elect | Trustee | 1 | $0 |
Julie Gray President | Trustee | 1 | $0 |
Chris Taylor Immediate Past- President | Trustee | 1 | $0 |
Johann Sletto Director | Trustee | 1 | $0 |
Sara Pulse Director | Trustee | 1 | $0 |
Michael Bennett Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $64,000 |
Total Program Service Revenue | $0 |
Membership dues | $81,394 |
Investment income | $24 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,040 |
Total Revenue | $147,458 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $6,234 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,609 |
Other expenses | $200,219 |
Total expenses | $209,062 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $131,302 |
Other assets | $0 |
Total assets | $152,831 |
Total liabilities | $78,079 |
Net assets or fund balances | $74,752 |