CSCharityScored
32

Catholic Music Initiative Inc

Religion · Mckinney, Texas

7300 State Highway 121 Ste 300, Mckinney, TX 75070-1991

EIN: 843154126· Founded: Mar 2020· 6 years active· Filing Year: 2023

Annual Revenue

$315K

Total Expenses

$294K

Total Assets

$52K

Program Spending

32%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$80K

27.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$80K

27% of total expenses

Where the Money Goes

32%
Programs: 32%
Payroll: 27%
Other overhead: 68%
Program Revenue$94K (30%)
Total Expenses$294K (93%)
Payroll$80K (27%)
Overhead (non-program)68%

Trust Score Breakdown

Program Spending Ratio

32% of expenses go to programs

40%

Revenue & Stability

$315K annual revenue

15%

Executive Compensation

$80K total officer comp (27.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$52K in assets

10%

Similar Religion Nonprofits in Texas

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.