Wednesday Morning Music Club

EIN: 742278274 501(c)(3)

Austin, TX

Total Revenue
$14,248
Total Expenses
$13,289
Total Assets
$571,847
Net Assets
$571,847
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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
1990
Legal Domicile
TX
Phone
5123272488
Tax Period
2021-07-01 to 2022-06-30

Wednesday Morning Music Club, founded in 1990, is a micro nonprofit that reported $14K in total revenue in fiscal year 2021. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $13K left a modest 7% surplus.

Mission

To develop and maintain high musical standards in our community, to encourage music education, to promote American music and American artists, and to provide opportunities for active members.

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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 $530
Program Service Revenue $4,540
Investment Income $9,178
Other Revenue $0
TOTAL REVENUE $14,248

Expense Breakdown

Grants Paid $8,450
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $12,259
Other Expenses $4,839
TOTAL EXPENSES $13,289

Year-over-Year Comparison

2021 2020 Change
Revenue $14,248 $301,053 -1.0%
Expenses $13,289 $25,351 -0.5%
Net Income $959 $275,702 -1.0%
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
9
Independent Members
9
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
9
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angela Smith President 2.50
Officer Director
$0 $0 $0
Terri Freeland 1st VP 2.50
Officer Director
$0 $0 $0
Melanie Richards 1st VP 2.50
Officer Director
$0 $0 $0
Elise Ragland 2nd VP 2.00
Officer Director
$0 $0 $0
Linda Tietz 2nd VP 2.00
Officer Director
$0 $0 $0
Katharine Shields Treasurer 3.50
Officer Director
$0 $0 $0
Virginia Kniesner Sect - Record 3.50
Officer Director
$0 $0 $0
Marianne Weiss Kim Sect - Corresp 1.50
Officer Director
$0 $0 $0
Greta Gutman Parliamentarian 1.00
Officer 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
2022 $14,248 $13,289 $571,847 $959
2021 $301,053 $25,351 $587,034 $275,702
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