Denton Music and Art Collaborative

Nonprofit profile at a glance

EIN
821519472
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-N 2022
Location
Denton, TX, USA
Phone
9406299746
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$98,014
Expenses
$78,056
Assets
$30,559
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Jennifer Kapinos (President)

People named in this filing

  • Jennifer Kapinos (President)
  • Matilda Weeden (Secretary)
  • Steve Dorman (Treasury)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

DMAC works to preserve, promote, and continue the unique and culturally significant musical and artistic heritage of Denton by providing vital healthcare subsidies for local artists and musicians.

What it reported doing in 2025

DMAC is a volunteer-run 501(c)(3) nonprofit with people from all walks of life who share a passion for supporting the arts and music community of Denton, TX. Our beneficiary members are required to live and/or work in Denton County while pursuing a career from the art or music they create and qualify as low-to-moderate income by Federal Government standards. At the heart of the County is the City of Denton, designated a Music-Friendly City by the State of Texas, with an established creative community that provides a unique cultural identity making Denton stand apart in North Texas. Our organization seeks to keep that creative community healthy, connected, and thriving. We do this through monthly financial assistance with health insurance, paid directly to all the major carriers on their behalf through our partnership with a local independent insurance agent, or partially reimbursed in cases where the member pays directly. This enables them to afford to go to checkups, dental cleanings, eye exams, get medicines they need, etc. It means that if/when a major medical emergency happens, they are not forced to choose between their health and potentially crippling debt. They will remain healthy longer, so they can keep creatively contributing to the uniquely colorful expression of art and music that resides here. DMAC also provides networking opportunities for our members through volunteer hours, as well as fundraising events. We have two anchor events throughout the year. The first is Amplify Denton, held in the spring in partnership with the Greater Denton Arts Council - a showcase of live music from local musicians and an art auction for visual artists. It also features a variety of vendors and offers food and beverages from local merchants. The second is Monster Dash, a 5k costume run held each October in partnership with the City of Denton's 31 Days of Halloween. It features a costume contest before the race, a Trick-or-Treat Trail with candy stops for children, and medals for the winners of multiple categories in the timed race. All the funds we raise are directed toward our primary purpose of keeping the creative community healthy by helping them to afford health insurance. We keep our overhead intentionally low at less than 5% of our roughly $100,000 annual budget. That means that at least 95% of any donation goes directly to our mission. Any donation amount, large or small, has impact. A commitment to monthly recurring donations allows us to plan, and DMAC has plans! We are currently serving up to 65 members with the funds we have secured primarily through community support, and from grants we have applied for. However, the need in the community is growing, and we have other programs we would like to fund. For example, we want to establish a Mental Health Fund to assist with payments for therapy, an Emergency Dental Fund, financial assistance for things like recording costs and application fees for juried art shows.

Operating model

Revenue model
Donor-supported. 88% of the money available for current operations came from contributions and gifts.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 54.8%; rating input score 55
  • Program expense ratio: 68.9%; rating input score 69
  • Fundraising efficiency: $4.46 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 20.4%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 8% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 40.3% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 98.4% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 54.8% of revenue deployed · 68.9% of spending went to programs
  • Governance: 8 of 8 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $54K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.