Musiqa EIN 56-2281440 Form 990 (PDF) Claim this org

Musiqa FY2024 filing

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Enriching Houston through contemporary classical music performances and education, integrating music with other arts. For fiscal year 2024 it reported $370K in revenue, $284K in expenses, and $209K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Houston, TX
Website
musiqahouston.org
Filings
5 on file (2021–2024)
Revenue
$370KFY2024
Expenses
$284K
Net assets
$209K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  56-2281440 Public charity (501(c)(3)) Houston, TX
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Enriching Houston through contemporary classical music performances and education, integrating music with other arts.
Leadership
Mary Lou Swift · Director
Money in and out
$370K revenue, $284K expenses
Bottom line
74% program efficiency
Where the money goes · FY2024
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$284K
Pt IX · Ln 25
Net assets
$209K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $86K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.08 Fundraising $0.18
Program efficiency
74%
of spending reaches programs
Operating runway
9.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+23%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$370K
FY2024▲ +7%
Expenses
$284K
FY2024▲ +8%
Total assets
$216K
FY2024▲ +67%
Total liabilities
$7K
FY2024▲ +12%
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$284K
Pt IX · Ln 25
Net assets
$209K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$86K
Total assetsPt X · Ln 16$216K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMusiqa
EINHdr · item D56-2281440
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jmusiqahouston.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A65)
Ruling yearIRS BMFNov 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Anthony Barilla’s $53K as Executive Director is at the 47th percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021
Anthony Barilla$53,100$45,000$45,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $106K of program spending, described in the organization's own filed words · FY2023.
01

Major Concerts

Musiqa presented over 100 artists with opportunities to showcase their skills and engaged more than 56,000 people in arts experiences in the Houston area and beyond through in-person and digital content.

$62Kprogram expense
02

Outside Performances and Education Programs -Musiqa grew its MusiqaLab program fostering young composers at Madison High School, a Title 1 school in Houston, expanded opportunities to young people regionally with master classes, presented free performances at the Museum of Fine Arts Houston and elsewhere, provided opportunities to young…

$25Kprogram expense
03

Harmony in the Air Public Performance

Musiqa expanded access to high quality artistic experiences around Houston, providing employment to artists at varying stages of their careers. They performed for a large number of travelers to Houston at Hobby Airport through participation in Houston Airport System's "Harmony in the Air" program.

$20Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$279K · 76%
Program service revenue$58K · 16%
Other revenue$27K · 7%
Investment income$5K · 1%
Contributions & grants76%$279K
Program service revenue16%$58K
Other revenue7%$27K
Investment income1%$5K
— government grantsLn 1e$70K
Total revenueLn 12$370K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.08 Fundraising $0.18
Program services74%$210K
Management & general8%$24K
Fundraising18%$50K
Total functional expensesLn 25$284K

Balance Sheet

Part X · end of year
CashLn 1$215K
Total assetsLn 16$216K
Total liabilitiesLn 26$7K
Total net assetsLn 32$209K
Months of cash on handcomputed9.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $215K · Operating expenses/yr $284K
9.1 months
Where the money goes
Program services
Program services $210K · Total expenses $284K
74%
Management & General
Management & general $24K · Total expenses $284K
8%
Fundraising
Fundraising $50K · Total expenses $284K
18%
Cost to raise $1
Fundraising expense (3-yr avg) $17K · Solicited contributions (3-yr avg) $171K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $279K · Total revenue $370K
76%
Government reliance
Government grants $70K · Total revenue $370K
19%
Earned-income share
Program service revenue $58K · Total revenue $370K
16%
Investment reliance
Investment income $5K · Total revenue $370K
+1%
Program self-sufficiency
Program service revenue $58K · Total expenses $284K
20%
Growth & trend
Revenue growth (YoY)
This year $370K · Prior year $346K
+7%
Net-asset trend (YoY)
End of year $209K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $370K · Expenses $284K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $216K
Net-asset ratio
Net assets $209K · Total assets $216K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $216K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mary Lou Swift · Reported title Director · Highest reported compensation $0 · Total expenses $284K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $131K · Total expenses $284K
46%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 8%
Fundraising cost ratio 18%
Revenue growth 7%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$5K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$336K revenue · ⤓ 990 PDF
FY2024$370K revenue · viewing · ⤓ 990 PDF
FY2023$346K revenue · ⤓ 990 PDF
FY2022$224K revenue · ⤓ 990 PDF
FY2021$245K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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