Density512

Nonprofit profile at a glance

EIN
841830566
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Austin, TX, USA
Phone
5129521524
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Music Groups, Bands, Ensembles

Reported finances

Revenue
$115,285
Expenses
$93,305
Assets
$23,615
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Aurel Garza-Tucker (Executive Director)
  • Michael Evans (Board President)
  • Katrina Saporsantos (Board Vice President)

People named in this filing

  • Jacob Schnitzer (Artistic Director)
  • Aurel Garza-Tucker (Executive Director)
  • Michael Evans (Board President)

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

Density512 is organized to operate exclusively for educational and charitable purposes within the meaning of Sections 501(c)(3) and Section 509(a)(2) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United State Internal Revenue law).

What it reported doing in 2024

Produces performances of contemporary music. Our performances in this fiscal year included: 1) Frankenstein Live Film Score 2) Light it Up! 3) That's so 90's 4) Power Up: The Art of Video Game Music 5) Spark: An Exploration of Music's Electric Transformation 6) Tatsulok 7) A set at Here Be Monsters in collaboration with Tetractys New Music

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
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. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Sustainability: 52
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.9%; rating input score 78
  • Program expense ratio: 96.3%; rating input score 96

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: 19.1%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 12.8%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 41.9% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 35.4% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: -13.3% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 77.9% of revenue deployed · 96.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $90K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 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.

  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.