CENTRAL TEXAS PHILHARMONIC INC

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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

2018

Legal Domicile

Principal Officer

TOM CHANEY

Phone

5126338050

Tax Period

2024-07-01 to 2025-06-30

CENTRAL TEXAS PHILHARMONIC INC, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $505K in total revenue in fiscal year 2024. Expenses of $443K left a modest 12% surplus.

Mission

COMMITTED TO ENRICH THE QUALITY OF LIFE IN CENTRAL TEXAS AS A VIGOROUS PART OF THE CULTURAL FABRIC OF THE COMMUNITY BY PROVIDING ACCESSIBLE AND VARIED MUSICAL AND EDUCATIONAL OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $393,810 Revenue: $163,927

PROVIDES CREATIVE PROGRAMMING, BROADER VENUES, AND INCREASES EDUCATIONAL OPPORTUNITIES.

Program 2

Expenses: $29,231 Revenue: $28,584

PROVIDES TEACHING OPPURTUNITIES AND CIVIC ENGAGEMENT FOR ASPIRING YOUNG 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $330,883

Program Service Revenue $162,470

Investment Income $-57

Other Revenue $11,296

TOTAL REVENUE $504,592

Expense Breakdown

Grants Paid $100

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $423,041

Other Expenses $442,433

TOTAL EXPENSES $442,533

Year-over-Year Comparison

	2024	2023	Change
Revenue	$504,592	$483,895	+0.0%
Expenses	$442,533	$509,383	-0.1%
Net Income	$62,059	$-25,488	-3.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM CHANEY	VICE PRESIDENT	N/A	Officer	$0	$0	$0
KATHY DAUENHAUER	TREASURER	N/A	Officer	$0	$0	$0
DIANE BILKE	PRESIDENT	N/A	Officer	$0	$0	$0
CHARLOTTE BARBINI	DIRECTOR	N/A	Director	$0	$0	$0
HOLLY DECHERD	CORRES. SECRETARY	N/A	Officer	$0	$0	$0
BARBARA FISHER	REPORTING SECRETARY	N/A	Officer	$0	$0	$0
ALEXIA GRIFFIN	DIRECTOR	N/A	Director	$0	$0	$0
KAREN PFIESTER	DIRECTOR	N/A	Director	$0	$0	$0
GARY WARMINK	DIRECTOR	N/A	Director	$0	$0	$0
JIM VAN ZANDT	DIRECTOR	N/A	Director	$0	$0	$0
BILLY RAY STUBBLEFIELD	DIRECTOR	N/A	Director	$0	$0	$0
LINDA BERRIMAN	DIRECTOR	N/A	Director	$0	$0	$0
MICKI AVERY	DIRECTOR	N/A	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	$504,592	$442,533	$73,920	$62,059
2024	$559,035	$509,383	$113,559	$49,652
2024	$483,895	$509,383	$11,204	$-25,488
2023	$327,950	$307,266	$66,033	$20,684