X โ€” Religion-RelatedEIN: 843154126ยท Ruling Year: 2020

Catholic Music Initiative Inc

Mckinney, Texas

BHealth Score
57B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

๐Ÿ’ฐ
$315K
Total Revenue
๐Ÿ“Š
$294K
Total Expenses
๐Ÿฆ
$52K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+27.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+6.6%
Revenue minus expenses as % of revenue

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$314,591โ†‘27%$293,844โ†‘12%$51,629โ†‘97%
2022$246,980โ†“20%$262,278โ†“5%$26,252โ†“37%
2021$309,938โ†‘227%$276,872โ†‘247%$41,550โ†‘152%
2020$94,704$79,762$16,479

Frequently Asked Questions

What does Catholic Music Initiative Inc do?โ–ผ

Catholic Music Initiative Inc is a religion-related nonprofit organization based in Texas. It is classified under NTEE code X80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Catholic Music Initiative Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Catholic Music Initiative Inc.

How much revenue does Catholic Music Initiative Inc generate?โ–ผ

Catholic Music Initiative Inc reports $576K in annual revenue and holds $164K in total assets, based on IRS filings.

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Catholic Music Initiative Inc โ€” Mckinney, TX | GiveScope