Texas Boys Choir Inc in Fort Worth, Texas (TX)

Organization representatives - add corrected or new information about Texas Boys Choir Inc »

Non-representatives - add comments about Texas Boys Choir Inc»

Texas Boys Choir Inc
Employer Identification Number (EIN)750942885
Name of OrganizationTexas Boys Choir Inc
Address3901 S Hulen St, Fort Worth, TX 76109-3321
ActivitiesSchool, college, trade school, etc.
SubsectionEducational Organization
Ruling Date03/1959
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2014
Assets$10,000,000 to $49,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$17,167,172
Amount of Income$7,221,737
Form 990 Revenue Amount$7,152,518
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Singing, Choral


Non-representatives - add comments:


CAPTCHA

Your IP address 107.23.129.77 will be logged.

Amount of income in 2014: $7,221,737 (it was $6,523,252 in 2013)
Texas Boys Choir Inc: 

 $7,221,737
Other organizations performing similar types of work: 

 $88,524

Assets in 2014: $17,167,172 (it was $17,513,933 in 2013)
Texas Boys Choir Inc: 

 $17,167,172
Other organizations performing similar types of work: 

 $44,491

Expenses in 2013: $6,718,551
This organization: 

 $6,718,551
Other organizations performing similar types of work: 

 $84,644

Income to expenses ratio in 2013: 1.1
Texas Boys Choir Inc: 

 1.1
Other organizations performing similar types of work: 

 1.1

Number of employees in 2013: 106
Texas Boys Choir Inc: 

 106
Other organizations performing similar types of work: 

 2

Employees paid over $100,000 in 2013: 3.8%
This organization: 

 3.8%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 1.3%
This organization: 

 1.3%
Other organizations performing similar types of work: 

 40.0%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?YesYes
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10964419
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return141106
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$127,682$101,875
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization11
Total number of independent contractors who received more than $100,000 of compensation from the organization43
Statement of Revenue
201120122013
Total revenue$5,924,813$5,644,973$6,523,252
Contributions, Gifts, Grants and Other Similar Amounts$215,984$88,039$82,455
Program Service Revenue$5,531,409$5,454,278$6,289,218
900099$4,489,753$5,473,835
900099$369,673$354,445
900099$266,448$152,679
900099$96,745$147,266
900099$90,102$103,023
All other program service revenue$141,557$57,970
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$21,186$35,425$64,316
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$8,574$2,774
Net rental income$8,599$4,335$0
Net gain/loss from sales of assets other than inventory$92,391$7,457$43,848
Gross amount from sales of assets other than inventory (Securities / Other)$1,223,566 / $0$7,457 / $0$43,848 / $0
Less: cost or other basis and sales expenses (Securities / Other)$1,131,175 / $0$0 / $0$0 / $0
Gain or (loss) (Securities / Other)$92,391 / $0$7,457 / $0$43,848 / $0
Net income/loss from fundraising events$55,244$46,865$40,641
Gross income from fundraising events$72,276$58,210$68,319
Less: direct expenses$17,032$11,345$27,678
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$0$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$4,976,676$5,229,167$6,718,551
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$103,037$127,682$101,875
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$2,923,272$3,020,825$3,720,267
Pension plan accruals and contributions$0$0
Other employee benefits$167,160$220,810
Payroll taxes$83,765$91,250$119,211
Fees for services (non-employees)
Management$0$0
Legal$26,093$3,111
Accounting$50,300$52,000
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$171,588$0
Advertising and promotion$0$0
Office expenses$0$0
Information technology$0$0
Royalties$0$0
Occupancy$117,433$60,496
Travel$173,317$143,814
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$220,342$313,127
Payments to affiliates$0$0
Depreciation, depletion, and amortization$337,165$438,473
Insurance$37,757$40,887
Other expenses$191,087$465,887
Other expenses$158,991$313,982
Other expenses$105,822$201,490
Other expenses$66,896$186,055
Other expenses$165,459$337,066
Balance Sheet
201120122013
Total assets$12,823,382$15,524,362$17,513,933
Cash - non-interest-bearing$1,501,849$1,150,999
Savings and temporary cash investments$0$0
Pledges and grants receivable, net$0$0
Accounts receivable, net$339,781$241,809
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$0$11,950
Land, buildings, and equipment: cost or other basis$10,735,943$12,999,761
Investments - publicly traded securities$2,468,280$2,666,509
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$478,509$442,905
Total liabilities$5,119,720$7,404,894$9,484,624
Accounts payable and accrued expenses$882,354$91,977
Grants payable$0$0
Deferred revenue$359,798$447,602
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$4,440,080$5,924,142$8,666,441
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$238,600$278,604
Total net assets or fund balances$7,703,662$8,119,468$8,029,309
Unrestricted net assets$4,740,118$4,815,119
Temporarily restricted net assets$3,379,350$3,214,190
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Number of organizations supported0
Sum of amounts of support$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Texas Boys Choir Inc to others? (optional)
  
Add photo of Texas Boys Choir Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Women Of Vizion in Fort Worth, TX
*****
Headline Mentors & Performing Arts, Hmpa Inc in Fort Worth, TX
****
Iglesia La Luz Del Mundo in Fort Worth, TX
*****
Labre Society in Fort Worth, TX
Merit Family Services in Fort Worth, TX
New Beginnings House Of Prayer in Galena Park, TX
*****
Labor Of Faith Inc in Pearland, TX
*****
Vandemataram Foundation Usa Inc in Lewisville, TX
*****
Pathways Core Training Inc in Irving, TX
*
Mount Sinai Grand Lodge Community Foundation in Houston, TX
*****
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Texas Boys Choir Inc3901 S Hulen St, Fort Worth, TX 76109-3321TX1959-03$7,221,737
2Society For Preservation & Encrgmnt Of Barbershop Quartet Singing Amer, N-000 District Southwestern38 Harbour Town St, Abilene, TX 79606-5016TX1946-05$140,737
3Womens Chorus Of DallasPO BOX 190179, Dallas, TX 75219-0179TX1991-02$104,585
4The Lubbock Chorale5815 82nd St Ste 145, Lubbock, TX 79424-3646TX1979-11$88,233
5Silver Serenaders Of Texas IncPO BOX 223911, Dallas, TX 75222-3911TX1997-04$81,159
6Schola Cantorum Of Texas IncPO BOX 8235, Fort Worth, TX 76124-0235TX1975-08$73,889
7All Wise ChorusRt 2 Box 465, Decatur, TX 76234-9802TX1991-05$0
8Big Country Boys Productions Inc4102 Buffalo Gap Rd F 123, Abilene, TX 79605-7248TX1997-11$0
9C L E F S Inc, Lamar Choral Dept - Clefs4606 Mustang Ave, Rosenberg, TX 77471-2121TX1988-03$0
10Chorus Sine NominePO BOX 1541, Friendswood, TX 77549-1541TX1993-12$0
11Peacemakers Quartet Inc13118 Bexhill Dr, Houston, TX 77065-2106TX1994-07$0
12Society For Preservation & Encrgmnt Of Barbershop Quartet Singing AmerP O Box 948, Winnsboro, TX 75494TX1945-05$0
13Society For Preservation & Encrgmnt Of Barbershop Quartet Singing AmerP O Box 1330, Marble Falls, TX 78654TX1946-05$0
14Society For The Preservation And Encouragement Of Barbershop1606 S Hill St, Alvin, TX 77511-4356TX1946-05$0
15Sweet Adelines Internatinal4503 Kennedy, Vernon, TX 76384TX1955-10$0
16Sweet Adelines International114 Wood Manor, Sour Lake, TX 77659TX1955-10$0
17Sweet Adelines InternationalPo Box 130578, The Woodlands, TX 77393TX1955-10$0
18Sweet Adelines International13423 Blanco Pmb 138, San Antonio, TX 78216TX1955-10$0
19Sweet Adelines International, Austin Harmony1206 Barrington Drive, Austin, TX 78753TX1955-10$0
20Sweet Adelines International, Heart Ofthe PinesP O Box 632255, Nacogdoches, TX 75963TX1955-10$0
Number of organizations performing similar types of work
Alaska3
Alabama3
Arkansas1
Arizona12
California46
Colorado14
Connecticut12
District of Columbia3
Delaware4
Florida21
Georgia5
Hawaii3
Iowa7
Idaho5
Illinois20
Indiana13
Kansas4
Kentucky7
Louisiana6
Massachusetts30
Maryland18
Maine2
Michigan22
Minnesota15
Missouri12
Mississippi2
Montana2
North Carolina19
North Dakota1
Nebraska3
New Hampshire10
New Jersey14
New Mexico5
Nevada2
New York27
Ohio26
Oklahoma8
Oregon10
Pennsylvania26
Rhode Island2
South Carolina10
South Dakota1
Tennessee8
Texas30
Utah3
Virginia21
Vermont4
Washington16
Wisconsin11
West Virginia4
Total553

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Texas Boys Choir Inc and has no official or unofficial affiliation with Texas Boys Choir Inc