Texas Heritage Music Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 44,596 | 41,956 | 2,640 | 11.1 | 0% |
| 2012 | 57,942 | 59,805 | −1,863 | 7.9 | 0% |
| 2013 | 54,917 | 57,118 | −2,201 | 7.8 | 0% |
| 2014 | 124,301 | 97,211 | 27,090 | 7.9 | 0% |
| 2015 | 246,687 | 149,140 | 97,547 | 13.1 | 0% |
| 2016 | 160,993 | 158,945 | 2,048 | 12.5 | 0% |
| 2017 | 145,724 | 295,286 | −149,562 | 0.6 | 0% |
| 2018 | 74,427 | 78,676 | −4,249 | 0.9 | — |
| 2019 | 66,663 | 63,558 | 3,105 | 1.7 | — |
| 2020 | 38,730 | 42,503 | −3,773 | 1.5 | — |
| 2021 | 50,150 | 51,878 | −1,728 | 1.2 | — |
| 2022 | 76,604 | 78,083 | −1,479 | 0.6 | — |
| 2023 | 61,113 | 67,314 | −6,201 | -0.2 | — |
In its most recent public year (2023), this organization spent $6,201 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months), down from 11.1 in 2011.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works