Dallas Music Network (EIN 851837835) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

Beverly Perry

Phone

8178086565

Tax Period

2023-01-01 to 2023-12-31

Dallas Music Network, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $271K in total revenue in fiscal year 2023. Expenses of $253K left a modest 7% surplus.

Mission

Promote local music and musicians during pandemic

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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 (2023)

Revenue Breakdown

Contributions & Grants $272,040

Program Service Revenue $0

Investment Income $-750

Other Revenue $0

TOTAL REVENUE $271,290

Expense Breakdown

Grants Paid $50

Salaries & Benefits $3,808

Fundraising Expenses $13,168

Program Expenses $195,065

Other Expenses $235,717

TOTAL EXPENSES $252,743

Year-over-Year Comparison

	2023	2022	Change
Revenue	$271,290	$260,314	+0.0%
Expenses	$252,743	$279,199	-0.1%
Net Income	$18,547	$-18,885	-2.0%

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

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
Beverly Perry	Executive Director	40.00	Director	$0	$0	$0
Theis Rice	Chairman of the Board	1.00	Director	$0	$0	$0
Cryste DeShields	Founding Member	1.00	Director	$0	$0	$0
Carlos Guedes	Founding Member	1.00	Director	$0	$0	$0
Scott Currie	Member at Large	1.00	Director	$0	$0	$0
Chris Arnold	Member at Large	1.00	Director	$0	$0	$0
Kelly Cruse	Member at Large	1.00	Director	$0	$0	$0
Erik Barnes	Member at Large	1.00	Director	$0	$0	$0
Garrett Mucha	Member at Large	1.00	Director	$0	$0	$0
Benjamin Reimer	Member at Large	1.00	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
2024	No data	No data	No data	No data
2023	$271,290	$252,743	$212,838	$18,547
2022	$260,314	$279,199	$194,241	$-18,885
2021	$399,888	$248,039	$212,776	$151,849
2020	$422,729	$361,802	$60,927	$60,927

Dallas Music Network