Texas Choral Directors Association

Analysis

Texas Choral Directors Association is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Choral Directors Association reported income of $435k and spending of $424k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $483k to $435k (-10.0%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Choral Directors Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Westerhoff School of Music & Art Inc ($435k), International Center for Captive Insurance Education Inc ($435k) and Pathways Academy ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $93k (22% of expenses). Other salaries and wages came to $52k. At year end it held assets of $789k against liabilities of $5,415, net assets of $783k. It reported 2 employees.