Texas Heritage Songwriters Association
Nonprofit profile at a glance
- EIN
- 205585748
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Austin, TX, USA
- Phone
- 5126775783
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $553,614
- Expenses
- $464,386
- Assets
- $360,703
- Liabilities
- $2,332
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MICHELLE JOHNSON (PRESIDENT)
Highest reported compensation
- APRIL MITCHELL (EXECUTIVE DI): $30,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Texas heritage songwriters association produces a hall of fame awards show. This is a public event which serves as an induction ceremony for its songwriting honorees. Over the past decades many of our successful songwriters, in all genres of music have come from Texas. However, we have learned that the quantity and quality of successful songwriters moving to nashville and other places where they could increase their likelihood for exposure and commercial success is not what it once was. Although songwriting is not a dying art, it is certainly not a prolific as it once was. In 2011, the Texas heritage songwriters association decided to see if there were contributions that they could make to reverse this trend.
What it reported doing in 2024
Our mission is to honor and celebrate Texas songwriters who have played an important role in defining and interpreting Texas distinctive culture. We work with and contribute to different charities to support this mission.
Operating model
- Revenue model
- Donor-supported. 84% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 93% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 81
- Accountability: 74
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.7%; rating input score 70
- Program expense ratio: 83.1%; rating input score 83
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 70.6%; rating input score 71; 32nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 16.1%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 72; 72nd percentile among comparable filings
- Officer compensation ratio: 6.5%; rating input score 49; 49th percentile among comparable filings
Growth
- Program expense growth: 9.5% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 25% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 9.2% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 69.7% of revenue deployed · 83.1% of spending went to programs
- Governance: 3 of 3 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $386K in reported program spending
- Leadership: top reported pay $30K · 4 people listed
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors and grants
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Accountability: Governance controls: 4 of 7 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 49/100.