Austin Swing Syndicate Inc

Nonprofit profile at a glance

EIN
742946598
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Austin, TX, USA
Phone
7372034823
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Dance

Reported finances

Revenue
$161,990
Expenses
$156,143
Assets
$217,993

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Nick Williams (President)
  • Jennifer Reed (Vice President)

People named in this filing

  • Nick Williams (President)
  • Jennifer Reed (Vice President)
  • Phillip Wiemeyer (Treasurer)

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

Our mission is:* To promote the continued existence and growth of swing dancing in all its forms in the Austin area.* To provide suitable venues and musical accompaniment for these dances to dancers of all ages, and encourage the continued involvement and development of regular dancers and the ongoing addition of beginning dancers to the dance community.* To be inclusive of as diverse a group as possible.* To remain actively involved in charity and community action.* To maintain a swing dance community that is friendly, welcoming, and supportive to all dancers.

What it reported doing in 2024

Dancing at the Fed: Our Thursday night dance is one of the longest, most well attended weekly swing dance events in the country.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 100
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.4%; rating input score 87
  • Program expense ratio: 90.7%; rating input score 91

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 3.6%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 1.4; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 2.3%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 3.3% per year; rating input score 100; 41st percentile among comparable filings
  • Revenue growth: 4.9% per year; rating input score 100; 47th percentile among comparable filings
  • Asset growth: 10.1% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 87.4% of revenue deployed · 90.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $142K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.