PERFORMING ARTS ACADEMY OF NEW BRA… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Phone

2102419720

Tax Period

2024-01-01 to 2024-12-31

PERFORMING ARTS ACADEMY OF NEW BRAUNFELS INC, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $314K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

TO ENCOURAGE OUR YOUTH TO PARTICIPATE IN THE ARTS THROUGH THE TRADITION OF THEATRE, MUSIC, PHOTOGRAPHY AND FILM, TO ENRICH THEIR LIVES AS WELL AS ENRICH OUR COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $321,853

PROMOTE ART AMONG THE YOUTH BY INTRODUCING THEM TO THEATRE AND PUBLIC SPEAKING

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,643

Program Service Revenue $307,789

Investment Income $4,196

Other Revenue $0

TOTAL REVENUE $313,628

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,996

Fundraising Expenses $0

Program Expenses $321,853

Other Expenses $292,857

TOTAL EXPENSES $322,853

Year-over-Year Comparison

	2024	2023	Change
Revenue	$313,628	$331,572	-0.1%
Expenses	$322,853	$319,932	+0.0%
Net Income	$-9,225	$11,640	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$29,996

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERRY BETTERSWORTH	Chairman	40.00	Director	$29,996	$0	$29,996
JAMES BETTERSWORTH	CFO	2.00	Director	$0	$0	$0
BOYD REWEH	Director	10.00	Director	$0	$0	$0
SANDRA BYERLY	Secretary	10.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$313,628	$322,853	$181,747	$-9,225
2023	$331,572	$319,932	$189,998	$11,640
2022	$320,673	$275,031	$178,357	$45,642
2019	$237,659	$233,063	$124,610	$4,596
2018	$245,210	$223,957	$120,014	$21,253

PERFORMING ARTS ACADEMY OF NEW BRAUNFELS INC