TEXAS NEW MUSIC ENSEMBLE

EIN: 465381468 501(c)(3) Arts, Culture & Humanities

Houston, TX

Total Revenue
$13,990
Total Expenses
$9,600
Total Assets
$4,390
Net Assets
$4,390
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TX
Principal Officer
Chad Robinson
Phone
8327033769
Tax Period
2021-10-01 to 2022-09-30

TEXAS NEW MUSIC ENSEMBLE, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $14K in total revenue in fiscal year 2021. The organization ran a surplus of $4K, a strong 31% operating margin.

Mission

Texas New Music Ensemble is dedicated to the enrichment of Texas communities through the performance of contemporary art music created by Texas composers and performed by Texas musicians.

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Trantor Score

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

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $13,990
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $13,990

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,100
Fundraising Expenses $0
Program Expenses $0
Other Expenses $500
TOTAL EXPENSES $9,600

Year-over-Year Comparison

2021 2020 Change
Revenue $13,990 $13,990 N/A
Expenses $9,600 $9,600 N/A
Net Income $4,390 $4,390 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
6

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
2
$7,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chad Robinson Executive Director 40
Officer
$7,000 $0 $7,000
Sam Cole Board Member 10
Officer
$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
2022 $13,990 $9,600 $4,390 $4,390
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