Texas Songwriter U Inc
Nonprofit profile at a glance
- EIN
- 471747305
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Austin, TX, USA
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Limited
- Sector
- Music
Reported finances
- Revenue
- $85,000
- Expenses
- $112,583
- Assets
- $118,458
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- MICHELLE JOHNSON (President)
People named in this filing
- MICHELLE JOHNSON (President)
- JASON GUEST (Secretary)
- EVAN BLANC (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
Founded in 2014, the mission of TxSU serves to identify, develop and support the best adult songwriters in Texas, while improving upon the quality and quantity of professional songwriting across our state. Texas Songwriter U is a 501(c)(3) non-profit fully supported with the help of American country music artist Jack Ingram, Broadcast Music, Inc (BMI), and The Texas Heritage Songwriters Association. Texas Songwriter U (TxSU) is an annual songwriting development program consisting of a songwriting competition, educational workshops, co-writes, an industry day and showcase events.
What it reported doing in 2024
Texas Songwriter U provides mentorship and songwriting workshopsto grow the next generation of Texas based songwriters. TxSU gives scholarships to help songwriters
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 8
- Transparency & Controls: 82
- Sustainability: 29
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 11.8%; rating input score 12
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -32.5%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 11.8% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- 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 — Financial Efficiency: Mission deployment rate scored 12/100.
- High — Sustainability: Operating margin scored 17/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.