Texas Music Teachers Association
Nonprofit profile at a glance
- EIN
- 237381338
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-T 2024, Form 990-N 2024
- Location
- Richardson, TX, USA
- Phone
- 8175762816
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $546,850
- Expenses
- $517,585
- Assets
- $775,709
- Liabilities
- $3,850
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- SCOTT DONALD (PRESIDENT)
- LESLEY MCALLISTER (PRESIDENT-ELECT)
- RICHARD FOUNTAIN (PAST PRESIDENT)
People named in this filing
- SCOTT DONALD (PRESIDENT)
- LESLEY MCALLISTER (PRESIDENT-ELECT)
- LIBBY VANATTA (VP BUSINESS ACTIVITIES-ELECT)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The association shall be organized and operated exclusively for educational purposes within the meaning of section 501(c)(3) of the internal revenue code of 1954. All activities of the association shall be educational and shall be for the promotion of the art of music and the advancement of musical knowledge. The association is not organized for profit and no part of its net earnings shall inure to the benefit of any individual or entity. The specific objectives of this permanent organization shall be: a. To simulate self improvement in the membershipb. To encourage support of all worthwhile musical activities which contribute to the cultural growth of our nationc. To further student knowledge and skill in the field of musicd. To support Texas music teachers educational foundation, a permanent organization, whose purpose is to fund student awards
What it reported doing in 2024
Student affiliate programs that provide students a wide musical experience - 16,500 students from all parts of Texas participated. Programs include music theory, world of music, performance contests, ensembles, composition, and publication contests.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 88
- Accountability: 100
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.8%; rating input score 70
- Program expense ratio: 71.4%; rating input score 71
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 97.2%; rating input score 97; 44th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.4%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 1.5; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 27th percentile among comparable filings
- Revenue growth: 0.6% per year; rating input score 100; 17th percentile among comparable filings
- Asset growth: 5.8% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 69.8% of revenue deployed · 71.4% of spending went to programs
- Governance: 17 of 17 board members independent · 7 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $370K in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes grants
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 51/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.