Civic Intelligence

Houston Grand Opera Association Inc

EIN 74-6016764 • 501(c)3 • Houston, TX

Profile

The mission of HGO is to enrich our diverse community through the art of opera. We will do so by creating, curating, exploring, and producing outstanding experiences centered around the human voice.(Continued on Schedule O)

510 PrestonHouston, TX 77002-1504

www.houstongrandopera.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.48x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.42x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

18th percentile

-8.8%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

32nd percentile

0.7%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

0.1%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$26,898,179

Up $174,234 (+0.7%) from 2023

Liabilities

Up

$12,828,239

Up $2,775,572 (+28%) from 2023

Net Assets

Down

$14,069,940

Down $2,601,338 (-16%) from 2023

Revenue

Up

$30,442,479

Up $19,820 (+0.1%) from 2023

Expenses

Up

$33,113,755

Up $2,383,764 (+7.8%) from 2023

Net Income

Down

-$2,671,276

Down $2,363,944 (-769%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $17,481,006Liabilities 2010: $5,660,543Net Assets 2010: $11,820,4632010Assets 2011: $15,569,552Liabilities 2011: $5,051,510Net Assets 2011: $10,518,0422011Assets 2012: $12,484,794Liabilities 2012: $5,082,483Net Assets 2012: $7,402,3112012Assets 2013: $15,814,724Liabilities 2013: $5,029,673Net Assets 2013: $10,785,0512013Assets 2014: $17,831,756Liabilities 2014: $6,639,630Net Assets 2014: $11,192,1262014Assets 2015: $21,934,718Liabilities 2015: $7,134,368Net Assets 2015: $14,800,3502015Assets 2016: $23,998,058Liabilities 2016: $7,465,874Net Assets 2016: $16,532,1842016Assets 2017: $22,652,893Liabilities 2017: $4,833,386Net Assets 2017: $17,819,5072017Assets 2018: $27,130,999Liabilities 2018: $4,255,478Net Assets 2018: $22,875,5212018Assets 2019: $21,802,540Liabilities 2019: $3,981,811Net Assets 2019: $17,820,7292019Assets 2020: $18,604,707Liabilities 2020: $6,379,030Net Assets 2020: $12,225,6772020Assets 2021: $24,871,609Liabilities 2021: $5,202,060Net Assets 2021: $19,669,5492021Assets 2022: $22,099,633Liabilities 2022: $5,108,337Net Assets 2022: $16,991,2962022Assets 2023: $26,723,945Liabilities 2023: $10,052,667Net Assets 2023: $16,671,2782023Assets 2024: $26,898,179Liabilities 2024: $12,828,239Net Assets 2024: $14,069,9402024

Highlighted filing

2024

Assets$26,898,179
Liabilities$12,828,239
Net Assets$14,069,940

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$20M$0-$20MExpenses 2010: $19,633,6112010Expenses 2011: $22,032,8702011Expenses 2012: $22,402,1392012Revenue 2013: $28,582,687Expenses 2013: $25,199,947Net Income 2013: $3,382,7402013Revenue 2014: $27,906,062Expenses 2014: $27,498,987Net Income 2014: $407,0752014Revenue 2015: $28,512,406Expenses 2015: $24,904,182Net Income 2015: $3,608,2242015Revenue 2016: $28,364,900Expenses 2016: $26,633,066Net Income 2016: $1,731,8342016Revenue 2017: $27,096,032Expenses 2017: $25,808,709Net Income 2017: $1,287,3232017Revenue 2018: $35,969,423Expenses 2018: $30,913,409Net Income 2018: $5,056,0142018Revenue 2019: $23,453,925Expenses 2019: $28,508,717Net Income 2019: -$5,054,7922019Revenue 2020: $24,459,115Expenses 2020: $29,422,667Net Income 2020: -$4,963,5522020Revenue 2021: $29,084,949Expenses 2021: $21,641,077Net Income 2021: $7,443,8722021Revenue 2022: $27,493,921Expenses 2022: $30,094,011Net Income 2022: -$2,600,0902022Revenue 2023: $30,422,659Expenses 2023: $30,729,991Net Income 2023: -$307,3322023Revenue 2024: $30,442,479Expenses 2024: $33,113,755Net Income 2024: -$2,671,2762024

Highlighted filing

2024

Revenue$30,442,479
Expenses$33,113,755
Net Income-$2,671,276

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.9$12.8$14.1$30.4$33.1$2.67
2023Detailed filing. Detailed filing data is available for this year.$26.7$10.1$16.7$30.4$30.7$0.31
2022Detailed filing. Detailed filing data is available for this year.$22.1$5.11$17.0$27.5$30.1$2.60
2021Detailed filing. Detailed filing data is available for this year.$24.9$5.20$19.7$29.1$21.6$7.44
2020Detailed filing. Detailed filing data is available for this year.$18.6$6.38$12.2$24.5$29.4$4.96
2019Detailed filing. Detailed filing data is available for this year.$21.8$3.98$17.8$23.5$28.5$5.05
2018Detailed filing. Detailed filing data is available for this year.$27.1$4.26$22.9$36.0$30.9$5.06
2017Detailed filing. Detailed filing data is available for this year.$22.7$4.83$17.8$27.1$25.8$1.29
2016Detailed filing. Detailed filing data is available for this year.$24.0$7.47$16.5$28.4$26.6$1.73
2015Detailed filing. Detailed filing data is available for this year.$21.9$7.13$14.8$28.5$24.9$3.61
2014Detailed filing. Detailed filing data is available for this year.$17.8$6.64$11.2$27.9$27.5$0.41
2013Summary only. Only limited summary data is available for this year.$15.8$5.03$10.8$28.6$25.2$3.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$5.08$7.40$22.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$5.05$10.5$22.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$5.66$11.8$19.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Jun 15, 2025
Return Version
2023v6.0
Gross Receipts
$31,161,213
Mission and Program Overview

Mission

Houston Grand Opera's vision is to build the most innovative, inclusive, and transformative opera company in America by establishing a financially sustainable work environment that attracts the world's greatest creative talents.Through a sustainable business model, HGO will serve as a cultural ambassador of excellence, relevance, and affordability.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$12,391,896$13,110,399▲ $718,503
Investments in Publicly Traded Securities$4,664,821$4,927,125▲ $262,304
Land, Buildings, and Equipment, Net$2,313,703$2,348,288▲ $34,585
Prepaid Expenses and Deferred Charges$1,110,382$1,094,636▼ $15,746
Cash and Non-Interest-Bearing Accounts$1,127,356$691,652▼ $435,704
Savings and Temporary Cash Investments$358,986$507,780▲ $148,794
Accounts Receivable$249,586$212,534▼ $37,052
Inventories for Sale or Use$47,005$26,953▼ $20,052
Total Assets$26,723,945$26,898,179▲ $174,234
Other Assets Total$4,460,210$3,978,812▼ $481,398
Liabilities
Other Liabilities$5,830,936$4,871,275▼ $959,661
Unsecured Notes Loans Payable-$3,650,000-
Deferred Revenue$2,745,318$2,755,214▲ $9,896
Accounts Payable and Accrued Expenses$1,476,413$1,551,750▲ $75,337
Total Liabilities$10,052,667$12,828,239▲ $2,775,572
Net Assets / Fund Balance
Net Assets With Donor Restrictions$12,107,557$9,813,452▼ $2,294,105
Net Assets Without Donor Restrictions$4,563,721$4,256,488▼ $307,233
Total Net Assets Fund Balance$16,671,278$14,069,940▼ $2,601,338
Total Liabilities and Net Assets / Fund Balance$26,723,945$26,898,179▲ $174,234

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,618,384$1,726,308$3,344,692
Leasehold Improvements$651,499$2,138,791$2,790,290
Other Land Buildings$78,405$235,326$313,731
Other Assets Org$98,456--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$94,009,409$7,308,047▲ $11,439,671$3,568,332$109,129,366
2022$77,904,737$15,290,549▲ $4,251,496$3,407,572$94,009,409
2021$83,583,898$529,381▼ $3,110,260$3,083,084$77,904,737
2020$65,763,869$578,398▲ $20,172,111$2,881,318$83,583,898
2019$64,151,768$2,378,134▲ $1,824,772$2,524,625$65,763,869
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patrick SummersArtistic & Music DirectorFT$578,515$42,919$621,434
Khori DastoorGeneral Director & CEOFT$424,952$51,851$476,803
Greg RobertsonManaging Director of Strategic CampaignsFT$389,333$49,899$439,232
Jennifer DavenportChief Marketing & Experience OfficerFT$278,671$25,077$303,748
Richard BadoDirector of Artistic PlanningFT$228,095$12,517$240,612
Molly DillChief Operating OfficerFT$202,749$25,211$227,960
Deborah HirschChief Philanthropy OfficerFT$210,796$13,221$224,017
Elizabeth GreerCFOFT$191,517$10,119$201,636
David KrohnSenior Director of PhilanthropyFT$153,213$14,468$167,681
Kristen BurkeDirector of ProductionFT$133,988$15,687$149,675
Kelly FinnDirector of DevelopmentFT$138,567$3,165$141,732
Scott IpsenDirector of Patron ExperienceFT$132,380$710$133,090

Highest Paid Contractors

ContractorServicesLocationCompensation
Hierarchy Advertising LLCMarketing, website maintenance2500 Summer St 3219, Houston, TX 77007$571,276
The Events CompanyEvent setup1237 North Post Oak Rd, Houston, TX 77055$556,789
Ravenswood Studio IncSet design6900 N Central Park Ave, Lincolnwood, IL 60712$367,535
Paul H Lippe IncTransportation233 12th St, Santa Monica, CA 90402$339,422
Datavox IncIT services6650 W Sam Houston Pkwy S, Houston, TX 77072$290,491
Revenue and Support

Revenue Composition

Contributions and Grants
$23,163,256
Program Service Revenue
$7,172,361
Investment Income
$281,064
Other Revenue
$-174,202
All Other Contributions
$17,310,950
Change in Net Assets
$-2,671,276

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,442,479
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$15,693,333
Total Revenue per Audited Statements
$46,135,812
Total Revenue per Form 990
$30,442,479
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$20,054,164
Other Expenses$13,006,731
Total Fundraising Expense$3,337,436
Grants and Similar Amounts Paid$52,860
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,485,839$1,550,935$1,871,309$14,908,083
Current Officers, Directors, Trustees, and Key Employees$1,588,039$213,267$254,294$2,055,600
Other Employee Benefits$1,529,593$185,984$171,037$1,886,614
Occupancy$1,245,018$94,576$50,419$1,390,013
Advertising$1,222,506$22,522$139,422$1,384,450
Travel$819,360$203,386$15,875$1,038,621
Payroll Taxes$788,339$95,855$88,151$972,345
Office Expenses$441,058$352,336$91,873$885,267
Fees for Services Other$575,325$10,619$49,026$634,970
Depreciation Depletion$387,228$46,050$46,050$479,328
Information Technology$322,964$79,189$69,686$471,839
Insurance$208,169$49,096$43,205$300,470
Pension Plan Contributions$187,709$22,824$20,989$231,522
Royalties$222,220--$222,220
Conferences and Meetings$65,406$98,912$42,543$206,861
Interest-$165,378-$165,378
Fees for Services Accounting-$56,050-$56,050
Grants to Domestic Individuals$52,860--$52,860
Fees for Services Legal-$43,384-$43,384
Other Expenses$23,596$5,017$331,490$23,596
Total Functional Expenses$26,281,554$3,494,765$3,337,436$33,113,755

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$33,240,318
Expenses per Audited Statements$33,113,755
Total Expenses per Form 990$33,113,755
Expenses Not Reported on Form 990$126,563
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$718,734
Fundraising Gross Income$500,526
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Opera Ball$1,322,118$286,126$109,269$176,857
Opening Night$746,050$127,250$42,414$84,836
Total Events$2,764,500$500,526$718,734$-218,208
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating lease liabilities$3,901,575
Refundable advance - special events$969,700
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 1A

The Executive Committee of the Board of Directors consists of the Chairman of the Board, the Senior Chairman of the Board, the Chairman Emeritus of the Board, the Chairman of the Houston Grand Opera Endowment, Inc., the individual or individuals serving in the Office of the General Director, and the Chairs (but not Vice Chairs or Co-Chairs) of all the Standing Committees of the Board of Directors; provided that, at all times, a majority of the members of the Executive Committee shall be members, or ex officio members, of the Board of Directors. The Executive Committee shall exercise all the powers of the Board of Directors in the management of the business of the Association, including the Association's membership in any subsidiary or affiliated non-profit corporation or the Association's stockholding of any business corporation.

Form 990, Part VI, Section B, line 11B

Management reviews Form 990 and the Audit Committee and Board of Directors receive a copy before filing with the IRS.

Form 990, Part VI, Section B, line 12C

At the beginning of each fiscal year, each member of the Board and every officer is provided a copy of the conflict of interest statement to complete. Reminders to complete the form are sent as needed and copies of the statement are provided at Board meetings.

Form 990, Part VI, Section B, line 15

The Management Evaluation and Development Committee of the Board of Directors determines the compensation of the CEO. The compensation of the Chief Financial Officer is evaluated annually by the General Director & CEO.

Form 990, Part VI, Section C, line 19

Upon request.

Filing and Contact Details

Filer

Filer Name
Houston Grand Opera Association Inc
EIN
74-6016764
Phone
7135460200
Address
510 Preston, Houston, TX 77002-1504

Signing Officer

Name
Elizabeth Greer
Title
CFO
Phone
7135460200
Signed
2025-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Khori Dastoor
Formed
1955
Legal Domicile
TX
Voting Board Members
42
Independent Board Members
41
Employees
872
Volunteers
150

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Kurt Coburn
Phone
7134395739
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1, Description of Organization Mission:

Houston Grand Opera (HGO) is committed to the future of opera through initiatives that engage new audiences and give new artists a stage for their voices to be heard. Through this commitment, we have had the honor of commissioning a plethora of world premieres - both mainstage grand operas and smaller-scale works - as well as hosting the American premieres of several major operas, paving the way for new eras of the art form in all genres, time periods, and languages. Part of Houston Grand Opera's mission to use the arts as a tool for education and social advancement includes our dramaturgy initiatives. Dramaturgy is the development of a performance through conversation, representation, and understanding the greater context of the on-stage elements of an opera. Through lectures, hands-on involvement, and other initiatives, our dramaturg leads our practice as we strive for constant growth at every stage of development. Our commitment to Houston takes us beyond the stage with community and learning programs that nurture a love for the arts for new generations, spark conversations, and make opera accessible to all. The Butler Studio's goal is to develop well-rounded professionals by providing the highest quality training combined with a wide range of performance opportunities. One of the most respected emerging artist programs in the world, the Butler Studio is distinguished from many other programs in the level of integration between Studio members and mainstage artists and production teams.

Form 990, Part III, Lina 1A, Organization Mission:

The Core Values of Houston Grand Opera: We believe opera has a vital role to play in the lives of an audience hungry for art, beauty, and meaning. Diversity is no longer just a poetic reference, but a joyous cultural reality the company fully embraces. HGO honors the classic masterworks but also evolves the art form to serve future generations. We believe our creative dreams for Houston Grand Opera are vital to the cultural pulse of this city and add immeasurably to the quality of life of its many communities. All cultures use words and music to tell their distinct stories, and we have the ability to use opera as a connector to join those communities. HGO seeks to be a global leader in the evolution of the art form, by inspiring it, developing it, training people to deliver it, documenting it, and most importantly, composing it. We will identify and train the next generation of gifted artistic, creative and leadership talent who will create opera's future.

Financial Statement Notes

Part V, Line 4:

The organization's endowment funds are held solely by Houston Grand Opera Endowment, Inc. to support the following activities of Houston Grand Opera Association: general operating, studio, electronic media, music director chair, new productions, Concert of Arias, education, Spring Opera Festival, new productions with artistic merit, and Wagner opera performances.

Part XI, Line 2D - Other Adjustments:

Consolidated audit - revenue of affiliates 15,623,395.

Part XII, Line 2D - Other Adjustments:

Consolidated audit - expenses of affiliates 126,563.

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IRS990/Desc0Opera Productions: Houston Grand Opera (HGO) is one of the largest, most innovative, and most highly acclaimed opera companies in the United States. In fulfilling its mission to enrich our diverse community through the art of operas by creating, curating, exploring, and producing outstanding experiences centered around the human voice, HGO has led the field in commissioning new works (76 world premieres to date) and in training and nurturing promising young artists and administrators. The company builds its repertoire with the community in mind, striving to create profoundly enriching experiences for our diverse audiences, both in the Wortham Theater and in community venues.
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