Texas New Music Ensemble
Nonprofit profile at a glance
- EIN
- 465381468
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990 2021, Form 990-EZ 2024, Form 990-N 2023
- Location
- Houston, TX, USA
- Phone
- 8179802692
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $62,858
- Expenses
- $59,890
- Assets
- $18,899
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Chad Robinson (Executive Director)
People named in this filing
- Chad Robinson (Executive Director)
- Sam Cole (Board Member)
- Sharon SherleyMylius (Board 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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Enrichment through music performance
What it reported doing in 2024
Texas New Music Festival - annual week long symposium of composition, speakers and live performance. 300 - 500 impacted including performers and participants.
Operating model
- Revenue model
- Earned-program. 70% of the money available for current operations came from fees and other program revenue.
- 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.3%; rating input score 95
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 4.7%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 30.1%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 40.7% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 41.6% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 36.6% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 95.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $60K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2021 to 2024
- 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: Total-asset coverage ratio scored 22/100.
- Review — Sustainability: Operating margin scored 54/100.
- High — Sustainability: Officer compensation ratio scored 6/100.