Overview
What is Texas Music Teachers Educational Foundation Inc?
Texas Music Teachers Educational Foundation Inc is a nonprofit organization based in Richardson, Texas, with a focus on promoting and advancing music education. Established with the mission to disseminate musical knowledge and appreciation, the foundation offers a variety of student programs and contests to foster excellence in music, such as auditions, performances, composition, and recognition awards. Their activities are designed to encourage musical growth and development, ultimately promoting the art of music. The foundation's operations include organizing events and initiatives to support individual and group music instruction, contributing to the overall advancement of music in the community.
Official website here: www.tmta.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
The Texas Music Teachers Educational Foundation Inc holds an impressive Four-Star rating from Charity Navigator, reflecting exceptional performance in accountability and finance. With a perfect score of 100% in this category, the organization demonstrates a strong commitment to transparency and responsible financial management, highlighted by the absence of material diversion of assets and a favorable liabilities to assets ratio of 0.00%.
The nonprofit's governance is particularly noteworthy, with a fully independent board comprising 16 members, ensuring unbiased decision-making and oversight. The foundation maintains robust policies, including conflict of interest and whistleblower policies, further demonstrating its dedication to ethical practices. Additionally, the high program expense ratio of 86.92% indicates a strong focus on mission-related activities rather than administrative costs.
Overall, the Texas Music Teachers Educational Foundation Inc exemplifies a well-managed organization with a clear focus on its educational objectives. Its strong governance, fiscal responsibility, and transparency set a commendable standard for other nonprofits.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Music Teachers Educational Foundation Inc legitimate?
Texas Music Teachers Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Music Teachers Educational Foundation Inc 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: $0
For more financial information, click here
Official website here: www.tmta.org
What is the mission statement of Texas Music Teachers Educational Foundation Inc?
The Texas Music Teachers Educational Foundation Inc is a non-profit organization dedicated to promoting the art of music. Their mission is to advance music by disseminating knowledge about musical activities and fostering an appreciation for music. They aim to achieve this through the provision of high-quality individual and group music instruction. The foundation is committed to promoting music education and fostering a deeper understanding and appreciation of music as an art form.
Official website here: www.tmta.org
Who is the CEO of Texas Music Teachers Educational Foundation Inc?
Roy Wylie is the President of Texas Music Teachers Educational Foundation Inc.
Official website here: www.tmta.org
What is the revenue of Texas Music Teachers Educational Foundation Inc?
Texas Music Teachers Educational Foundation Inc's revenue in 2022 was $71,845.
Official website here: www.tmta.org
Who are the executives of Texas Music Teachers Educational Foundation Inc and what are their salaries?
There 50 volunteers at Texas Music Teachers Educational Foundation Inc.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tmta.org
Where can I find the form 990 for Texas Music Teachers Educational Foundation Inc?
Texas Music Teachers Educational Foundation Inc'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 Educational Foundation Inc
The Texas Music Teachers Educational Foundation, a non-profit educational organization, is dedicated to promoting the art of music and advancing it further. They accomplish this by disseminating knowledge about musical activities and fostering an appreciation for music. The foundation's mission is to encourage high-quality individual and group instruction in the field of music, aiming to enrich and enhance the musical landscape. By sharing this knowledge, the Texas Music Teachers Educational Foundation strives to inspire a love for music and contribute to its continued growth and development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Texas Music Teachers Educational Foundation Inc promotes the art of music and advances music by disseminating knowledge of music through student programs and contests designed to foster excellence in music. Their activities include auditions, performances, composition, and recognition awards. Participants benefit from high-quality individual and group instruction in the field of music, contributing to the appreciation and growth of musical activities in the community.
This information is meant to be a general summary of Texas Music Teachers Educational Foundation Inc. 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: $46,808
- Gross Receipts: $71,845
Assets and Liabilities:
- Total Assets: $849,544
- Total Liabilities: $0
- Net Assets: $849,544
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1980
Phone
(817) 689-5570Principal Officer
Roy Wylie
Main Address
PO BOX 831730, RICHARDSON, TX, 750831730
Website
www.tmta.orgNTEE Category
Code: A6EI - Arts
If you are a representative of Texas Music Teachers Educational Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.