Texas Music Partners is located in Kyle, TX. The organization was established in 2018. 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 Music Partners is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Texas Music Partners generated $22.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $29.8k during the year ending 06/2024. While expenses have increased by 34.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
VIRTUAL MUSIC VIDEO COURSES. SERVED 7 STUDENTS IN 1 SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenneth Felton President & Executive Director | 40 | $6,480 | |
Emily Little Board Vice-Chair | 3 | $0 | |
Sadiq Mohammed Board Member | 3 | $0 | |
Jace Sternadel Board Member | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $22,587 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $22,588 |
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 | $12,005 |
Occupancy, rent, utilities, and maintenance | $8,402 |
Printing, publications, postage, and shipping | $338 |
Other expenses | $9,008 |
Total expenses | $29,753 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,500 |
Other assets | $0 |
Total assets | $11,500 |
Total liabilities | $0 |
Net assets or fund balances | $11,500 |