Nela Music Association
Nonprofit profile at a glance
- EIN
- 993955761
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Monroe, LA, USA
- Phone
- 3183766972
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $74,412
- Expenses
- $60,878
- Assets
- $23,421
- Liabilities
- $9,887
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- MYRA GATLING-AKERS (OFFICER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We host the nela music awards showcasing the musical talent in nela. Present awards nominated and voted on by the public. Attend musician performances throughout the year and write summaries/reviews of performances to promote them. Musicians also use this info to promotethemselves to get performance jobs. We have regular media appearances on tv and radio, and speaking engagements to service organizations to raise the profile of the northeast Louisiana music scene and provide economic opportunities for artists. We work to provide aplatform for emerging artists to gain exposure and recognition/promote when and where they will be performing. Establish a musicians registry for people to locate musicians for hire for weddings and events. Volunteers do the work except when we have to hire professionals to produceshow.
What it reported doing in 2025
We work to provide a platform for emerging artists to gain exposure and recognition/promote when and where they will be performing.
Operating model
- Revenue model
- Donor-supported. 77% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up. 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: 0
- Transparency & Controls: 100
- Sustainability: 48
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 18.2%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.42; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.