Overview
What is Texas Music Teachers Association?
The Texas Music Teachers Association is a nonprofit organization, primarily based in Richardson, Texas, with a mission to promote the value of music education and support music teachers. Its activities are exclusively educational, aiming to advance musical knowledge and the art of music. The association provides publications and programs for both students and teachers, investing in educational initiatives for its 2,035 member music teachers in Texas. The organization's objectives include fostering self-improvement among members, encouraging support for various musical activities, and furthering students' knowledge and skills in music. Additionally, Texas Music Teachers Association supports the Texas Music Teachers Education Foundation, which funds student awards.
Official website here: www.tmta.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98%, Four-Star out of Four Star rating. The Texas Music Teachers Association has received an impressive score, indicating a strong performance in accountability and finance. With a 100% accountability rating, the organization demonstrates a commitment to transparency and effective management of resources.
The association boasts a fully independent board, showcasing the integrity of its governance structure. Key policies, such as those addressing conflicts of interest and whistleblower protections, are in place, further solidifying its commitment to ethical standards. Additionally, the organization maintains a low liabilities-to-assets ratio, indicating financial stability.
A notable strength is the high program expense ratio of 68.06%, which reflects a substantial investment in mission-related activities. This dedication to programmatic spending suggests a focus on delivering value to constituents. Overall, the Texas Music Teachers Association exhibits solid governance and financial management, positioning it as a reliable nonprofit within its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Music Teachers Association legitimate?
Texas Music Teachers Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Music Teachers Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,796
For more financial information, click here
Official website here: www.tmta.org
What is the mission statement of Texas Music Teachers Association?
The Texas Music Teachers Association, an educational organization operating under Section 501(C)(3), is committed to advancing the value of music study and music making in society. Their primary objective is to promote the art of music and enhance musical knowledge through various educational activities. They encourage self-improvement among their members and support musical endeavors that contribute to the cultural growth of the nation. Furthermore, the association aims to foster student knowledge and skill in music and supports the Texas Music Teachers Educational Foundation, which funds student awards.
Official website here: www.tmta.org
Who is the CEO of Texas Music Teachers Association?
Roy Wylie is the President of Texas Music Teachers Association.
Official website here: www.tmta.org
What is the revenue of Texas Music Teachers Association?
Texas Music Teachers Association's revenue in 2022 was $489,964.
Official website here: www.tmta.org
Who are the executives of Texas Music Teachers Association and what are their salaries?
The average compensation at Texas Music Teachers Association during 2022 was $54,398. There are 2 employees and 150 volunteers at Texas Music Teachers Association.
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Official website here: www.tmta.org
Where can I find the form 990 for Texas Music Teachers Association?
Texas Music Teachers Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tmta.org
Learn more at the official website: www.tmta.org
Mission Statement of Texas Music Teachers Association
The Texas Music Teachers Association, a non-profit organization, is dedicated to advancing the value of music study and music making in society, while supporting music teachers. Established with educational purposes in mind, as per Section 501(C)(3) of the Internal Revenue Code of 1954, the association's activities are exclusively geared towards promoting the art of music and enhancing musical knowledge. The Texas Music Teachers Association is not operated for profit, and no part of its earnings benefit any individual or entity.
The specific objectives of this permanent organization include fostering self-improvement among its members, encouraging support for various musical activities contributing to the cultural growth of the nation, and furthering student knowledge and skill in the field of music. The association also supports the Texas Music Teachers Education Foundation, a perpetual organization whose purpose is to fund student awards. By undertaking these activities, the Texas Music Teachers Association aims to uplift music education and music teachers, thereby enriching society with the beauty and power of music.
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Impact
July, 2024
Texas Music Teachers Association's impact lies in its dedication to advancing the value of music study and music making in society while supporting music teachers. Through its publications and programs for students and teachers, the association plays a vital role in promoting the art of music and advancing musical knowledge. With a focus on educational purposes, the organization aims to stimulate self-improvement among its members, encourage support for worthwhile musical activities, further student knowledge and skill in music, and support the Texas Music Teachers Educational Foundation. By serving its 2,035 music teacher members and the broader music community, the Texas Music Teachers Association contributes significantly to the cultural growth of our nation and the development of musical talent.
This information is meant to be a general summary of Texas Music Teachers Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11,663
- Program Service Revenue: $417,163
- Gross Receipts: $489,964
Assets and Liabilities:
- Total Assets: $643,315
- Total Liabilities: $1,895
- Net Assets: $641,420
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$312,450
CONVENTION RECEIPTS
Revenue
$85,359
BOOKS,TESTS & MATERIAL
Revenue
$19,354
Organization Details
Founding Year
1927
Phone
(817) 689-5570Principal Officer
Roy Wylie
Main Address
PO BOX 831730, RICHARDSON, TX, 750831730
Website
www.tmta.orgNTEE Category
Code: B03 - Education
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