Tuesday Musical Association
Only null% goes to programs Strong reserves Growing revenue
Tuesday Musical Association is a 501(c)(3) organization based in Akron, Ohio, registered in 1943, with $797,659 in FY2024 revenue. CharityIndex grades it B.
1041 W Market St, Akron, OH, 44313 EIN 34-0786212 Since 1943
Revenue (FY2024)
$798K
▼ 12.4% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$781K
Net assets
$5.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Tuesday Musical Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating91 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Tuesday Musical Association: 91 mo reserves · +2% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Tuesday Musical Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Tuesday Musical Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1041 W Market St, Akron, OH, 44313
- City
- Akron
- State
- Ohio
- Category
- Arts, Culture & Humanities
- Subcategory
- Performing Arts
- Website
- …
Financial trends
Revenue grew from $718K (FY2013) to $798K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $458KNet assets $5.9M
Operating margin
2.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.4M
Total liabilities
$458K
Net assets
$5.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $797,659▼12.4% | $781,101▲4.7% | $5,905,088▲10.3% | $6,362,789▲10.0% | 990 |
| 2023 | $910,300▼18.7% | $746,298▼1.0% | $5,355,402▲14.3% | $5,783,739▲12.9% | 990 |
| 2022 | $1,120,317▲99.5% | $753,495▲8.8% | $4,685,662▲14.4% | $5,120,715▲22.7% | 990 |
| 2021 | $561,447▼38.4% | $692,806▲65.6% | $4,096,010▼8.9% | $4,171,978▼10.7% | 990 |
| 2020 | $912,173▲27.3% | $418,342▼33.9% | $4,497,284▲32.0% | $4,674,235▲35.6% | 990 |
| 2019 | $716,762▲8.1% | $633,260▼11.7% | $3,407,320▲6.2% | $3,447,459▲2.4% | 990 |
| 2018 | $662,790▼8.0% | $717,304▼6.8% | $3,208,021▲1.3% | $3,365,933▲1.5% | 990 |
| 2017 | $720,243▼16.5% | $769,822▲15.8% | $3,168,391▲2.1% | $3,317,004▼0.3% | 990 |
| 2016 | $862,459▲56.1% | $664,556▲1.2% | $3,101,745▲1.9% | $3,325,768▲1.4% | 990 |
| 2015 | $552,545▼30.6% | $656,417▼0.5% | $3,045,389▼6.2% | $3,280,938▼7.5% | 990 |
| 2014 | $796,448▲10.9% | $659,855▲6.1% | $3,246,466▼1.7% | $3,545,589▼0.6% | 990 |
| 2013 | $718,238 | $621,909▼14.3% | $3,303,456▲13.0% | $3,568,171▲10.5% | 990 |
| 2012 | — | $725,383 | $2,924,243 | $3,229,476 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $433K total
21 grants to Tuesday Musical Association totaling $433K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Miami Foundation Inc | Program support | 2023 | $56,689 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $5,650 |
| The Miami Foundation Inc | Program support | 2022 | $30,000 |
| The Miami Foundation Inc | Program support | 2022 | $26,244 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $7,500 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $5,750 |
| The Miami Foundation Inc | Program support | 2021 | $30,000 |
| The Miami Foundation Inc | Program support | 2021 | $24,810 |
| Cleveland Foundation | $10,000 general support and an additional $5,000 for good measure to further enhance tuesday musical's programming in our now emerging post-covid-19 world. | 2021 | $15,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2021 | $5,500 |
| The Miami Foundation Inc | Program support | 2020 | $30,000 |
| The Miami Foundation Inc | Program support | 2020 | $23,673 |
| American Endowment Foundation | Programs | 2020 | $5,000 |
| The Miami Foundation Inc | Program support | 2019 | $30,000 |
| The Miami Foundation Inc | Program support | 2019 | $20,074 |
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Frequently asked questions
- Is Tuesday Musical Association a legitimate nonprofit?
- Yes. Tuesday Musical Association is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-0786212, based in Akron, Ohio. Donations are tax-deductible.
- What is Tuesday Musical Association's EIN?
- Tuesday Musical Association's Employer Identification Number (EIN) is 34-0786212.
- How much revenue does Tuesday Musical Association report?
- Tuesday Musical Association reported $797,659 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Tuesday Musical Association have?
- CharityIndex grades Tuesday Musical Association B, based on financial health (reserves and operating margin).
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Data for Tuesday Musical Association (EIN 34-0786212) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.