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
๐ฐ
$315K
Total Revenue
๐
$294K
Total Expenses
๐ฆ
$52K
Net Assets
๐
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| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $314,591โ27% | $293,844โ12% | $51,629โ97% | โ |
| 2022 | $246,980โ20% | $262,278โ5% | $26,252โ37% | โ |
| 2021 | $309,938โ227% | $276,872โ247% | $41,550โ152% | โ |
| 2020 | $94,704 | $79,762 | $16,479 | โ |
Frequently Asked Questions
What does Catholic Music Initiative Inc do?โผ
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?โผ
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?โผ
Catholic Music Initiative Inc reports $576K in annual revenue and holds $164K in total assets, based on IRS filings.
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