TEXAS WINDS MUSICAL OUTREACH INC

EIN: 752131920 501(c)(3)

DALLAS, TX

Total Revenue
$557,785
Total Expenses
$490,300
Total Assets
$1,405,666
Net Assets
$1,363,178
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
TX
Principal Officer
MEGHAN GOMEN
Phone
4692915411
Tax Period
2023-07-01 to 2024-06-30

TEXAS WINDS MUSICAL OUTREACH INC, founded in 1986, is a small nonprofit that reported $558K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $490K left a modest 12% surplus.

Mission

TEXAS WINDS MUSICAL OUTREACH ENGAGES, COMFORTS AND CELEBRATES THE SPIRITS OF ISOLATED SENIORS, HOSPITAL PATIENTS, VETERANS, AND CHILDREN IN NORTH TEXAS THROUGH LIVE, PROFESSIONAL MUSICAL PERFORMANCES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $528,337
Program Service Revenue $0
Investment Income $29,448
Other Revenue $0
TOTAL REVENUE $557,785

Expense Breakdown

Grants Paid $0
Salaries & Benefits $169,240
Fundraising Expenses $81,888
Program Expenses $347,314
Other Expenses $321,060
TOTAL EXPENSES $490,300

Year-over-Year Comparison

2023 2022 Change
Revenue $557,785 $470,900 +0.2%
Expenses $490,300 $479,423 +0.0%
Net Income $67,485 $-8,523 -8.9%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
11

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
6
$72,756
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGHAN GOMEN Executive Dir. 40.00
Officer
$72,756 $0 $72,756
NORMA CISNEROS IMM PAST PRES 1.00
Officer Director
$0 $0 $0
JEFF SUNDBERG President 4.00
Officer Director
$0 $0 $0
TRISTE VASQUEZ-WHITE Director 1.00
Director
$0 $0 $0
JESUSITA ALEMAN PEREZ Treasurer 3.00
Officer Director
$0 $0 $0
BRUCE WITTRIG Director 1.00
Director
$0 $0 $0
JOAN A COX Director 1.00
Director
$0 $0 $0
MADELEINE CROUCH Director 1.00
Director
$0 $0 $0
JOSE LARIN Director 1.00
Director
$0 $0 $0
CATINA PERKINS Vice President 3.00
Officer Director
$0 $0 $0
MARK C FREUND Director 1.00
Director
$0 $0 $0
CATHERINE TUNKS Secretary 3.00
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
2025 No data No data No data No data
2024 $557,785 $490,300 $1,405,666 $67,485
2023 $470,900 $479,423 $1,236,242 $-8,523
2022 $572,599 $450,256 $1,160,096 $122,343
2021 $474,050 $423,615 $1,108,067 $50,435
2020 $466,749 $412,367 $952,615 $54,382
2019 $568,473 $461,043 $845,447 $107,430
2018 $459,388 $413,060 $709,336 $46,328
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