Madison Area Music Association Inc
Nonprofit profile at a glance
- EIN
- 200614274
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Madison, WI, USA
- Phone
- 6082502565
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $49,692
- Expenses
- $28,791
- Assets
- $47,671
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- Roy Elkins (President)
- Wayne Harris (President-Elect)
- Dana Perry (Executive Director)
People named in this filing
- Roy Elkins (President)
- Richard Tvedt (Treasurer)
- ANTHONY BROWN (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Madison Area Music Association (MAMA) supports youth music programs in the greater Madison area, and strengthens and engages the music community as a whole.
What it reported doing in 2024
EDUCATION AND INSTRUMENTS: MAMA, Inc. provides musical instruments and funds for youth music programs in the Madison area. The annual Madison Area Music Awards are instrumental in carrying this out.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 22
- Transparency & Controls: 82
- Sustainability: 74
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.8%; rating input score 17
- Program expense ratio: 29%; rating input score 29
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 42.1%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 1.66; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -16.1% per year; rating input score 0; 21st percentile among comparable filings
- Revenue growth: 1.5% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: -0.8% per year; rating input score 0; 35th percentile among comparable filings
Details
- Where the money goes: 16.8% of revenue deployed · 29% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $8K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 17/100.
- High — Financial Efficiency: Program expense ratio scored 29/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.