Texas Music Administrators Conference Inc

Analysis

Texas Music Administrators Conference Inc is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Texas Music Administrators Conference Inc reported income of $140k and spending of $134k, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $150 to $140k (+93238%), an average of +2955% a year. The sharpest change came in the year to June 2023, when income rose by 38525%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas Music Administrators Conference Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Athens Cultural Arts Center Inc ($140k), Engage Art ($140k) and Historical Society of the Episcopal Church ($140k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 8.7% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.