Promotes music education for students across Texas.
For fiscal year 2024 it reported $4.4M in revenue, $4.3M in expenses, and $11.3M in net assets.Pt I
Where the money goes · FY2024
Total revenue
$4.4M
Pt VIII · Ln 12
Total expenses
$4.3M
Pt IX · Ln 25
Net assets
$11.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $136K
Where spending went · Part IX cols B–D
83%
17%
Program services $0.83 Management & general $0.17
Program efficiency
83%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
29.8mo
months of highly liquid reserves at operating expense rate▲ +41% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▼ -65% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$4.4M
FY2024▼ -37%
$7.0M$3.5M$0
FY2020FY2024
Expenses
$4.3M
FY2024▼ -33%
$6.4M$3.2M$0
FY2020FY2024
Total assets
$11.9M
FY2024▼ -3%
$12.5M$6.2M$0
FY2020FY2024
Total liabilities
$616K
FY2024▲ +14%
$616K$308K$0
FY2020FY2024
Total revenue
$4.4M
Pt VIII · Ln 12
Total expenses
$4.3M
Pt IX · Ln 25
Net assets
$11.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$136K
Total assetsPt X · Ln 16$11.9M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III
Where the work happens
3 program services account for $3.1M of program spending, described in the organization's own filed words · FY2024.
01
Annual convention to provide professional development for teachers in attendance and to provide venue to showcase outside music programs across the state and recognize all-state high school musicians.
$1.6Mprogram expense
02
Region and area activities and meetings including sponsoring the all-region and all-state student audition process.
$884Kprogram expense
03
Published the southwestern musician monthly to provide association information to all members along with instructional-related articles.
Frank Coachman’s $164K as Deputy Director
is at the 72nd percentile of top reported officer pay among 3393 $1–10M education 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 · 6 named individuals · Part VII
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.
Individual Frank Coachman · Reported title DEPUTY DIRECTOR · Highest reported compensation $164K · Total expenses $4.3M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.6M · Total expenses $4.3M
36%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
83%
—
—
Overhead ratio
17%
—
—
Revenue growth
-37%
—
—
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.
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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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