Civic Intelligence

Houston Grand Opera Endowment Inc.

990 • Fiscal year 2023 • EIN 76-0038314

Aug 01, 2022 to Jul 31, 2023 • Filed on Jun 17, 2024

Organization ProfileN/A
510 PrestonHouston, TX 77002-1504

(713) 546-0258

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Net Margin

97th percentile

78%

Higher net margin than 97% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

48th percentile

$455,296

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Asset Growth

82nd percentile

18%

Faster asset growth than 82% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

229%

Faster revenue growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets2nd percentile

Assets

Flat

$104,946,305

Flat from 2023

Net Assets

Flat

$104,946,305

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue2nd percentileNet Margin97th percentile

Revenue

Flat

$16,748,714

Flat from 2023

Expenses

Flat

$3,719,489

Flat from 2023

Net Income

Flat

$13,029,225

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2011: $47,127,641Liabilities 2011: $0Net Assets 2011: $47,127,6412011Assets 2012: $46,067,352Liabilities 2012: $0Net Assets 2012: $46,067,3522012Assets 2013: $52,420,392Liabilities 2013: $10,261Net Assets 2013: $52,410,1312013Assets 2014: $56,301,236Liabilities 2014: $0Net Assets 2014: $56,301,2362014Assets 2015: $58,770,174Liabilities 2015: $0Net Assets 2015: $58,770,1742015Assets 2016: $57,819,531Liabilities 2016: $0Net Assets 2016: $57,819,5312016Assets 2017: $59,259,136Liabilities 2017: $0Net Assets 2017: $59,259,1362017Assets 2018: $68,447,155Liabilities 2018: $0Net Assets 2018: $68,447,1552018Assets 2019: $69,444,046Liabilities 2019: $26,552Net Assets 2019: $69,417,4942019Assets 2020: $73,373,841Liabilities 2020: $57,313Net Assets 2020: $73,316,5282020Assets 2021: $94,842,059Liabilities 2021: $78,067Net Assets 2021: $94,763,9922021Assets 2022: $88,799,109Liabilities 2022: $0Net Assets 2022: $88,799,1092022Assets 2023: $104,946,305Liabilities 2023: $0Net Assets 2023: $104,946,3052023Assets 2023: $104,946,305Liabilities 2023: $0Net Assets 2023: $104,946,3052023Assets 2024: $120,594,660Liabilities 2024: $118,258Net Assets 2024: $120,476,4022024

Highlighted filing

2023

Assets$104,946,305
Liabilities$0
Net Assets$104,946,305
Open 2023 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $2,282,6402011Expenses 2012: $2,230,4922012Expenses 2013: $3,179,7792013Revenue 2014: $3,810,432Expenses 2014: $2,236,798Net Income 2014: $1,573,6342014Revenue 2015: $5,174,560Expenses 2015: $2,174,428Net Income 2015: $3,000,1322015Revenue 2016: $3,679,083Expenses 2016: $3,953,846Net Income 2016: -$274,7632016Revenue 2017: $3,616,123Expenses 2017: $4,203,584Net Income 2017: -$587,4612017Revenue 2018: $8,754,867Expenses 2018: $2,740,579Net Income 2018: $6,014,2882018Revenue 2019: $5,411,103Expenses 2019: $2,995,618Net Income 2019: $2,415,4852019Revenue 2020: $6,541,019Expenses 2020: $2,909,321Net Income 2020: $3,631,6982020Revenue 2021: $24,478,386Expenses 2021: $3,190,290Net Income 2021: $21,288,0962021Revenue 2022: $5,091,198Expenses 2022: $3,386,633Net Income 2022: $1,704,5652022Revenue 2023: $16,748,714Expenses 2023: $3,719,489Net Income 2023: $13,029,2252023Revenue 2023: $16,748,714Expenses 2023: $3,719,489Net Income 2023: $13,029,2252023Revenue 2024: $8,016,852Expenses 2024: $4,015,494Net Income 2024: $4,001,3582024

Highlighted filing

2023

Revenue$16,748,714
Expenses$3,719,489
Net Income$13,029,225
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2022 to Jul 31, 2023
Signed
Jun 17, 2024
Return Version
2022v5.0
Gross Receipts
$25,751,578
Mission and Program Overview

Mission

This organization accepts, receives, holds, and invests endowment funds for the benefit of Houston Grand Opera Association of Houston, Texas.

Accept, hold, and invest endowment funds for the benefit of Houston Grand Opera Assoc., Inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$73,419,205$89,370,290▲ $15,951,085
Investments Other Securities$13,917,999$13,733,556▼ $184,443
Pledges and Grants Receivable$1,253,018$1,313,453▲ $60,435
Accounts Receivable$106,435$106,435→ $0
Land, Buildings, and Equipment, Net$20$20→ $0
Total Assets$88,799,109$104,946,305▲ $16,147,196
Other Assets Total$102,432$422,551▲ $320,119
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$76,736,735$91,480,660▲ $14,743,925
Net Assets Without Donor Restrictions$12,062,374$13,465,645▲ $1,403,271
Total Net Assets Fund Balance$88,799,109$104,946,305▲ $16,147,196
Total Liabilities and Net Assets / Fund Balance$88,799,109$104,946,305▲ $16,147,196

Asset Categories

AssetBook ValueDepreciationBasis
Land$20--
Other Securities$13,733,556--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$77,904,737$15,290,549▲ $4,251,496-$94,009,409
2021$83,583,898$529,381▼ $3,110,260-$77,904,737
2020$65,763,869$578,398▲ $20,172,111-$83,583,898
2019$64,151,768$2,378,134▲ $1,824,772-$65,763,869
2018$63,506,718$905,310▲ $2,435,888-$64,151,768
Compensation and Service Providers
Top Officer Pay48th percentile

Board Members and Trustees

NameTitle
Yolanda KnullChair
Janet CarrigChair Emeritus
Tom RushingSenior Chair
Marianne KahVice Chair
Khori DastoorHGO CEO & General Director
Claire LiuTrustee
Mark PoagTrustee
Richard HusseiniTrustee
Scott WiseTrustee
Stephen KaufmanTrustee
Tom AjamieTrustee
Terrylin NealeSecretary, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,098,465
Program Service Revenue
$0
Investment Income
$1,631,929
Other Revenue
$18,320
All Other Contributions
$15,098,465
Change in Net Assets
$13,029,225

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$14,588,016Fair Market Value (FMV)
Total Noncash Contributions1$14,588,016-

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,059,026
Revenue Not Reported on Financial Statements
$3,689,688
Revenue Not Reported on Form 990
$33,583,627
Other Revenue Adjustments
$3,407,572
Total Revenue per Audited Statements
$46,642,653
Total Revenue per Form 990
$16,748,714
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,407,572
Other Expenses$311,917
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,407,572--$3,407,572
Fees for Service Investment Mgmnt Fees-$282,116-$282,116
Fees for Services Accounting-$17,819-$17,819
Fees for Services Other-$11,982-$11,982
Total Functional Expenses$3,407,572$311,917$0$3,719,489

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$30,893,277
Expenses Not Reported on Form 990$30,863,476
Total Expenses per Form 990$3,719,489
Expenses Not Reported on Financial Statements$3,689,688
Other Expense Adjustments$3,407,572
Expenses per Audited Statements$29,801
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Houston Grand Opera Association IncHouston, TX501(c)(3)Operational support$3,407,572

International Summary

Offices
0
Employees
0
Spending
$3,380,087

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$3,380,087
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 7A

“The governing board of directors of Houston Grand Opera Association, Inc. appoints the board of trustees of Houston Grand Opera Endowment, Inc.”

Form 990, Part VI, Section A, line 7B

“Article II of Houston Grand Opera Endowment, Inc.'s bylaws may not be altered, amended or repealed without a majority vote of the governing board of directors of Houston Grand Opera Association, Inc. Article II describes the manner in which trustees are determined as well as the number of trustees and their powers.”

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

“Management reviews Form 990 and/or provides a hard copy to the board of trustees in person at a Board of Trustees meeting and via email 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 C, line 19

“Upon request.”

Filing and Contact Details

Filer

Filer Name
Houston Grand Opera Endowment Inc
EIN
76-0038314
Phone
7135460258
Address
510 Preston, Houston, TX 77002-1504

Signing Officer

Name
Elizabeth Greer
Title
CFO
Phone
7135460258
Signed
2024-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marianne Kah
Formed
1982
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

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

Financial Statement Notes

Part V, Line 4:

“The organization's endowment funds are held solely 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 30,465,656.”

Part XI, Line 4B - Other Adjustments:

“Grants to affiliate 3,407,572.”

Part XII, Line 2D - Other Adjustments:

“Consolidated audit - expenses of affiliates 30,863,476.”

Part XII, Line 4B - Other Adjustments:

“Grants to affiliate 3,407,572.”

Raw XML AppendixShowing 400 of 590 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0HGO CEO & General Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Senior Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chair Emeritus
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary, Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt013733556
IRS990/InvestmentsPubTradedSecGrp/BOYAmt073419205
IRS990/InvestmentsPubTradedSecGrp/EOYAmt089370290
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020
IRS990/LandBldgEquipCostOrOtherBssAmt020
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt09002864
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0This organization accepts, receives, holds, and invests endowment funds for the benefit of Houston Grand Opera Association of Houston, Texas.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt088799109
IRS990/NetAssetsOrFundBalancesEOYAmt0104946305
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0581439
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0582672
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt01233
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt03117971
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012062374
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013465645
IRS990/NoncashContributionsAmt014588016
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0102432
IRS990/OtherAssetsTotalGrp/EOYAmt0422551
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01253018
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01313453
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Marianne Kah
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0310390
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03083084
IRS990/PYInvestmentIncomeAmt04764635
IRS990/PYOtherExpensesAmt0303549
IRS990/PYOtherRevenueAmt016173
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01704565
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03386633
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05091198
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt013029225
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt018320
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt018320
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0746016764
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt03719489
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Houston Grand Opera Association Inc
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt03719489
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.02690
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt029801
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt077904737
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt015290549
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt094009409
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt03407572
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt04251496
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt015198
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt083583898
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0529381
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt077904737
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt03083084
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-3110260
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt049162
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt065763869
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0578398
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt083583898
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt02881318
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt020172111
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt066180
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt064151768
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02378134
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt065763869
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt02524625
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01824772
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt014016
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt063506718
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0905310
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt064151768
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt02682132
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02435888
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt030863476
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt03689688
IRS990ScheduleD/ExpensesSubtotalAmt029801
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0282116
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0282116
IRS990ScheduleD/LandGrp/BookValueAmt020
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt020
IRS990ScheduleD/NetUnrealizedGainsInvstAmt03117971
IRS990ScheduleD/OtherExpensesIncludedAmt030863476
IRS990ScheduleD/OtherExpensesNotIncludedAmt03407572
IRS990ScheduleD/OtherRevenueAmt030465656
IRS990ScheduleD/OtherRevenuesNotIncludedAmt03407572
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt013733556
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Limited partnerships
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.73050
IRS990ScheduleD/RevenueNotReportedAmt033583627
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt03689688
IRS990ScheduleD/RevenueSubtotalAmt013059026
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization's endowment funds are held solely 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.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Consolidated audit - revenue of affiliates 30,465,656.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Grants to affiliate 3,407,572.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Consolidated audit - expenses of affiliates 30,863,476.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4Grants to affiliate 3,407,572.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.24260
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020
IRS990ScheduleD/TotalBookValueSecuritiesAmt013733556
IRS990ScheduleD/TotalExpensesPerForm990Amt03719489
IRS990ScheduleD/TotalRevenuePerForm990Amt016748714
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt046642653
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt030893277
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt03380087
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Central America and the Caribbean
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Investments
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd01
IRS990ScheduleF/ForeignPartnershipInd01
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd01
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt03380087
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III Accounting Method:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt03380087

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$104,946,305
Liabilities
$0
Net assets
$104,946,305
Revenue
$16,748,714
Expenses
$3,719,489
Net income
$13,029,225
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$121$0.12$120$8.02$4.02$4.00
2023Detailed filing. Detailed filing data is available for this year.$105$0.00$105$16.7$3.72$13.0
2023Summary only. Only limited summary data is available for this year.$105$0.00$105$16.7$3.72$13.0
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$88.8$0.00$88.8$5.09$3.39$1.70
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$94.8$0.08$94.8$24.5$3.19$21.3
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.4$0.06$73.3$6.54$2.91$3.63
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.4$0.03$69.4$5.41$3.00$2.42
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$68.4$0.00$68.4$8.75$2.74$6.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.3$0.00$59.3$3.62$4.20$0.59
2016Detailed filing. Detailed filing data is available for this year.$57.8$0.00$57.8$3.68$3.95$0.27
2015Summary only. Only limited summary data is available for this year.$58.8$0.00$58.8$5.17$2.17$3.00
2014Detailed filing. Detailed filing data is available for this year.$56.3$0.00$56.3$3.81$2.24$1.57
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.4$0.01$52.4$3.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.1$0.00$46.1$2.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.1$0.00$47.1$2.28