Texas Steel Guitar Association
- Assets
- $173.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cleburne, TX
- Founding
- 08/2003
- Data as of
- 12/2021
- EIN
- 41-2100426
Organization Overview
Texas Steel Guitar Association is located in Cleburne, TX. The organization was established in 2003. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Steel Guitar Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Texas Steel Guitar Association generated $11.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $17.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ASSOCIATION HELD MONTHLY MEETINGS AND JAM SESSIONS WITH ATTENDANCE OF 50 TO 100 MEMBERS AND GUESTS; AND PUBLISHED AND DISTRIBUTED IT'S NEWLETTERS TO VARIOUS MEMBERS AND INTERESTED PARTIES THAT PROMOTE THE PLAYING OF STEEL GUITAR MUSIC AS AN ART AND INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert Talley President / | 25 | $2,750 | |
Debbie Talley Secretary / | 20 | $0 | |
Gene Brown Director | 1 | $0 | |
Barbara Rosetta Director | 2 | $0 | |
Richard Ingley Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,577 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,045 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,325 |
| Other Revenue | $0 |
| Total Revenue | $11,947 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,950 |
| Occupancy, rent, utilities, and maintenance | $1,030 |
| Printing, publications, postage, and shipping | $2,764 |
| Other expenses | $9,681 |
| Total expenses | $17,425 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,648 |
| Other assets | $0 |
| Total assets | $173,648 |
| Total liabilities | $0 |
| Net assets or fund balances | $173,648 |
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