SOUTHWEST CELTIC MUSIC ASSOCIATION

EIN: 752048379 501(c)(3) Arts, Culture & Humanities

Dallas, TX

Total Revenue
$530,613
Total Expenses
$695,703
Total Assets
$166,514
Net Assets
$166,514
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
TX
Principal Officer
John Hebley
Phone
2148214173
Tax Period
2024-07-01 to 2025-06-30

SOUTHWEST CELTIC MUSIC ASSOCIATION, founded in 1983, is a small nonprofit in the Arts, Culture & Humanities sector that reported $531K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $696K exceeded revenue, resulting in a 31% operating deficit.

Mission

To study, perform, promote and preserve traditional Celtic music, dance and culture in the Southwest. This includes the promotion of the North Texas Irish Festival, local concerts, sponsorship of music and dance education workshops, publication of a bi-monthly magazine containing relevant articles and announcements and maintenance of a website of local venues and 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 (2024)

Revenue Breakdown

Contributions & Grants $121,934
Program Service Revenue $367,999
Investment Income $34
Other Revenue $40,646
TOTAL REVENUE $530,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $669,195
Other Expenses $695,703
TOTAL EXPENSES $695,703

Year-over-Year Comparison

2024 2023 Change
Revenue $530,613 $608,818 -0.1%
Expenses $695,703 $669,288 +0.0%
Net Income $-165,090 $-60,470 +1.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
400

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brent Sadler Trustee 1
Director
$0 $0 $0
Christina Loescher Truetee 1
Director
$0 $0 $0
Christine Gutierrez Trustee 1
Director
$0 $0 $0
Jack Dingler Trustee 1
Director
$0 $0 $0
Kelsey Lee Trustee 1
Director
$0 $0 $0
Kenny Burleson Trustee 1
Director
$0 $0 $0
Russell Singleton Trustee 1
Director
$0 $0 $0
Sawyer Hicks Trustee 1
Director
$0 $0 $0
Susan Burleson Trustee 1
Director
$0 $0 $0
Vicki Hicks Trustee 1
Director
$0 $0 $0
Sheri M Bush President 5
Officer
$0 $0 $0
Penny Ewoldsen Vice President 5
Officer
$0 $0 $0
John Hebley Treasurer 5
Officer
$0 $0 $0
Lybo Buchanan Secretary 4
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
2025 $530,613 $695,703 $166,514 $-165,090
2024 $608,818 $669,288 $332,614 $-60,470
2023 $749,756 $605,089 $393,084 $144,667
2022 $505,613 $496,247 $246,015 $9,366
2021 $53,765 $109,290 $236,649 $-55,525
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