Texas Music Teachers Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 84,859 | 48,493 | 36,366 | 119.9 | — |
| 2012 | 66,204 | 48,396 | 17,808 | 136.5 | 0% |
| 2013 | 86,860 | 48,669 | 38,191 | 152.3 | 0% |
| 2014 | 79,334 | 57,180 | 22,154 | 135.8 | 0% |
| 2015 | 93,398 | 62,466 | 30,932 | 122.3 | 0% |
| 2016 | 124,114 | 54,250 | 69,864 | 160.3 | 0% |
| 2017 | 90,408 | 58,822 | 31,586 | 163.0 | 0% |
| 2018 | 94,803 | 66,141 | 28,662 | 153.0 | 0% |
| 2019 | 82,338 | 54,368 | 27,970 | 190.5 | 0% |
| 2020 | 79,953 | 50,635 | 29,318 | 211.6 | 0% |
| 2021 | 86,524 | 50,242 | 36,282 | 246.7 | 0% |
| 2022 | 71,845 | 48,361 | 23,484 | 210.8 | 0% |
| 2023 | 46,567 | 61,283 | −14,716 | 173.7 | 0% |
In its most recent public year (2023), this organization spent $14,716 more than it brought in. Its reserves stood at about 173.7 months of spending, up from 119.9 in 2011. Staff pay was 0% of spending. $35,277 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Texas Music Teachers Educational Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works