Southwest Roots Music Inc
Nonprofit profile at a glance
- EIN
- 810666091
- IRS 990-EZ coverage
- 2015–2025
- Forms available
- Form 990 2023, Form 990-EZ 2025
- Location
- Santa Fe, NM, USA
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $71,901
- Expenses
- $94,967
- Assets
- $30,476
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CATHERINE WHITNEY (VICE PRESIDENT)
- MICHAEL KOSTER (EXECUTIVE DIRECTOR)
- RICHARD ADESSO (PRESIDENT)
People named in this filing
- CATHERINE WHITNEY (VICE PRESIDENT)
- MICHAEL KOSTER (SECRETARY TREASURER)
- RICK THALER (MEMBER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Southwest roots music is primarily dedicated to the promotion and encouragement of traditional and roots music to promoting music related educational programs and for all other legal purposes.
What it reported doing in 2025
Southwest roots music is a 501c3 corporation dedicated to promoting and encouraging traditional and roots music and to promote music realted educational programs.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 91
- Sustainability: 16
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 2nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -32.1%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 28.5%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 8.1% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 7.2% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $95K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2015 to 2025
- Contacts: How to reach this organization
- Money network: 2 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: Operating margin scored 17/100.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- High — Sustainability: Officer compensation ratio scored 6/100.