Rgv Performing Arts
Nonprofit profile at a glance
- EIN
- 992401644
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Austin, TX, USA
- Phone
- 9562254887
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $56,618
- Expenses
- $53,633
- Assets
- $4,313
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Ashley Ledezma (Director)
- Jessica Savino (Director)
- Ismael Ledezma (Director/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
RGV Performing Arts is a nonprofit Arts organization dedicated to fostering artistic expression, teamwork, and personal growth through the dynamic art of color guard performance. As the only independent winter guard in South Texas within a 200-mile radius, we provide a vital creative outlet for performers of all backgrounds, offering high-quality training, competitive opportunities, and community engagement. Our mission is to cultivate excellence in movement, dance, and equipment technique while promoting discipline, confidence, and leadership in our members. Through competitions, performances, workshops, and outreach, we aim to elevate the visibility of the color guard activity in our region and inspire the next generation of performers.
What it reported doing in 2024
Trained 23 performers for the 2025 season and competed in the WGI Regional Circuit and WGI World Championships. Received 1st place at the WGI San Antonio Regional in Independent A Class Division. Received 1st place at the WGI Austin Regional in Independent A Class Division. Received 11th place at the WGI World Championships in Dayton, OH in Independent A Class Finals.
Operating model
- Revenue model
- Donor-supported. 83% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 73% for direct work, 2% for grants, and 25% for member benefits.
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.5%; rating input score 88
- Program expense ratio: 92.4%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 5.3%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: 190.7% per year; rating input score 100; 100th percentile among comparable filings
- Asset growth: 104.8% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 87.5% of revenue deployed · 92.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $50K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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 — Sustainability: Total-asset coverage ratio scored 10/100.
- Review — Sustainability: Operating margin scored 55/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.