Tessitura Network Inc
501(c)(3) Donations tax-deductible
93% goes to programs $0 to raise $100 Growing revenue
Tessitura Network Inc is a 501(c)(3) organization based in Dallas, Texas, registered in 2007, with $67,865,978 in FY2024 revenue. CharityIndex grades it A, and it directs about 93% of spending to programs.
11700 Preston Rd Ste 660 Pmb 2, Dallas, TX, 75230 EIN 06-1666165 Since 2007
Revenue (FY2024)
$67.9M
▲ 8.4% vs prior year
Expenses (FY2024)
$69.1M
Net assets
$9.3M
Employees
280
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating93% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Tessitura Network Inc: 93% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Tessitura Network Inc: 2 mo reserves · -2% margin earns a B on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Tessitura Network Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Tessitura Network Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Tessitura network, inc. operates for the benefit of and to support the members of its network. substantially all members of the network are organizations or entities organized to operate arts, cultural and educational organizations, or are parts of government organizations, that are operated exclusively to further arts, cultural and educational purposes.
Contact & location
Financial trends
Revenue grew from $17.4M (FY2013) to $67.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8.6MNet assets $9.3M
Operating margin
-1.8%
Spent more than it raised in the latest fiscal year.
Total assets
$17.9M
Total liabilities
$8.6M
Net assets
$9.3M
Salaries & benefits
$44.6M
65% of expenses
Board members
13
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $67,865,978▲8.4% | $69,101,498▲9.5% | $9,255,236▼11.3% | $17,878,918▼6.6% | 990 |
| 2023 | $62,610,581▲20.0% | $63,084,768▲14.8% | $10,430,995▼0.5% | $19,152,003▲2.4% | 990 |
| 2022 | $52,155,405▲18.6% | $54,972,236▲30.4% | $10,488,680▼24.9% | $18,701,052▼14.3% | 990 |
| 2021 | $43,977,511▲8.2% | $42,150,972▲6.2% | $13,963,881▲77.8% | $21,809,645▲5.6% | 990 |
| 2020 | $40,653,155▼8.2% | $39,686,945▼10.0% | $7,853,172▲14.0% | $20,653,947▲46.1% | 990 |
| 2019 | $44,308,500▲9.4% | $44,088,632▲10.3% | $6,886,962▲3.3% | $14,135,927▲10.8% | 990 |
| 2018 | $40,483,148▲14.0% | $39,958,717▲10.4% | $6,667,094▲8.5% | $12,757,869▲8.0% | 990 |
| 2017 | $35,527,026▲12.0% | $36,197,516▲12.0% | $6,142,663▼9.8% | $11,816,235▲6.1% | 990 |
| 2016 | $31,706,781▲17.2% | $32,330,339▲25.3% | $6,813,153▼8.2% | $11,134,925▼2.4% | 990 |
| 2015 | $27,055,411▲28.4% | $25,799,580▲25.4% | $7,418,645▲21.1% | $11,408,884▲21.6% | 990 |
| 2014 | $21,066,139▲21.0% | $20,581,018▲21.7% | $6,126,376▲8.6% | $9,382,510▲19.0% | 990 |
| 2013 | $17,415,860 | $16,910,238▲21.5% | $5,641,299▲9.9% | $7,887,096▲4.8% | 990 |
| 2012 | — | $13,923,220▲15.3% | $5,134,040▲34.4% | $7,524,513▲31.2% | 990 |
| 2011 | — | $12,075,235▲6.1% | $3,820,306▲16.6% | $5,737,167▲17.5% | 990 |
| 2010 | — | $11,381,475 | $3,275,950 | $4,883,091 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Andrew Recinos — $572,030 (0.83% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrew Recinos | President & Ceo | 50 | $572,030 |
| Karyn Elliott | Chief Member Officer | 50 | $348,761 |
| Charles Reif | Chf Eng/co-found. | 50 | $345,067 |
| John Jakovich | Chief Innovation Officer | 50 | $341,775 |
| Mara Hazzard-wallingford | Chief Growth Officer | 50 | $337,141 |
| David Pearce | Chief Operating Officer | 50 | $297,397 |
| Jeffrey Oliver | Vp, Hosting | 50 | $249,816 |
| Dahlia Kang | Vp-finance | 50 | $229,395 |
| Christopher Szalaj | Vp, Engineering | 50 | $220,205 |
| Laura Bowden | Vp of People | 50 | $203,911 |
| Cookie Ruiz | Director | 1 | — |
| Dan Hoffer | Director | 1 | — |
| Ezra Wiesner | Vice Chair | 1 | — |
| Gillian Brierly | Director | 1 | — |
| Jamie Bosket | Director | 1 | — |
| Jamie Lemus | Director | 1 | — |
| Michael Ockwell | Chairman | 1 | — |
| Ming Min Hui | Secretary | 1 | — |
| Rathi Kumar-thru 224 | Director | 1 | — |
| Sean Wright | Treasurer | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cloudwork LLC | Consulting | $756,359 |
| Solnsoft LLC DBA Xcentium | Digital Solutions | $679,591 |
| Event Specialists | Events | $356,819 |
| Planautomate Inc | Consulting | $295,868 |
| Holland & Knight LLP | Legal Services | $277,344 |
Frequently asked questions
- Is Tessitura Network Inc a legitimate nonprofit?
- Yes. Tessitura Network Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1666165, based in Dallas, Texas. Donations are tax-deductible.
- What is Tessitura Network Inc's EIN?
- Tessitura Network Inc's Employer Identification Number (EIN) is 06-1666165.
- How much revenue does Tessitura Network Inc report?
- Tessitura Network Inc reported $67,865,978 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Tessitura Network Inc's spending goes to programs?
- Tessitura Network Inc spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Tessitura Network Inc have?
- CharityIndex grades Tessitura Network Inc A, based on program efficiency and fundraising cost.
- How much does Tessitura Network Inc's highest-paid employee make?
- The highest reported compensation on Tessitura Network Inc's latest Form 990 is $572,030, paid to Andrew Recinos (President & Ceo).
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Data for Tessitura Network Inc (EIN 06-1666165) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.