Houston Symphony Endowment

Organization Overview

Houston Symphony Endowment is located in Houston, TX. The organization was established in 2007. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Symphony Endowment is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 05/2022, Houston Symphony Endowment generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $4.0m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Houston Symphony Endowment has awarded 20 individual grants totaling $36,167,097. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ENDOWMENT'S SOLE PURPOSE IS TO SUPPORT THE OPERATIONS OF THE HOUSTON SYMPHONY SOCIETY.

Describe the Organization's Program Activity:

THE HOUSTON SYMPHONY ENDOWMENT'S SOLE PURPOSE IS TO SUPPORT THE OPERATIONS OF THE HOUSTON SYMPHONY SOCIETY.


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Board, Officers & Key Employees

Name (title)Compensation
William Toomey II
President
$0
John Mangum
Symphony CEO
$0
Elizabeth Condic
CFO
$0
Lynne Mathre
Trustee
$0
Scott Wise
Trustee
$0
Gene Dewhurst
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$459,209
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$459,209
Total Program Service Revenue$0
Investment income $981,148
Tax Exempt Bond Proceeds $0
Royalties $16,451
Net Rental Income $55,000
Net Gain/Loss on Asset Sales $1,559,826
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,071,634

Grants Awarded

Over the last fiscal year, Houston Symphony Endowment has awarded $3,803,962 in support to 2 organizations.

Grant RecipientAmount

HOUSTON SYMPHONY SOCIETY

Org PageRecipient Profile

Houston, TX

PURPOSE: Support ongoing operations

$3,403,962

HOUSTON SYMPHONY SOCIETY

Org PageRecipient Profile

Houston, TX

PURPOSE: Admin & fundraising expenses

$400,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Houston Symphony Endowment has recieved totaling $500.

Awarding OrganizationAmount
C Wayne And Patricia J Miller Foundation

Houston, TX

PURPOSE: ORCHESTRA PERFORMANCES

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$90,419,052
Earnings$376,634
Net Contributions$459,209
Grants$3,803,962
Ending Balance$87,450,933

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