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Houston Symphony Endowment

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208350227 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Houston Symphony Endowment?

The Houston Symphony Endowment is a nonprofit organization situated in the heart of Houston, Texas, at 615 Louisiana St 102. Its primary objective is to contribute financially to the maintenance and functioning of the Houston Symphony Society. This support is instrumental in ensuring the symphony continues to entertain and enrich the community. The endowment serves as a reliable source of funds, enabling the society to sustain its operations and uphold its mission.

Is Houston Symphony Endowment legitimate?

Houston Symphony Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Symphony Endowment submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Houston Symphony Endowment?

The Houston Symphony Endowment is dedicated to serving a specific purpose, which is to sustain the operations of the Houston Symphony Society. In essence, its mission is to contribute to the continued functioning of this musical organization. By providing financial support, the endowment enables the Houston Symphony Society to carry out its activities and uphold its mission. This backing is crucial in ensuring the symphony orchestra's ongoing success and the enjoyment of classical music for its audience.

Who is the CEO of Houston Symphony Endowment?

James Lee is the President of Houston Symphony Endowment. The CEO's salary of Houston Symphony Endowment is $0 and their total compensation is $326,855.

What is the revenue of Houston Symphony Endowment?

Houston Symphony Endowment's revenue in 2022 was $3,071,634.

Who are the executives of Houston Symphony Endowment and what are their salaries?

There 6 volunteers at Houston Symphony Endowment.


Here are 8 key members and their salaries (Houston Symphony Endowment's CEO's salary is $0 and their total compensation is $326,855):


William Toomey Ii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Dewhurst (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Krieger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynne Mathre (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Simon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Wise (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mangum (Symphony Ceo)
  • Compensation: $0
  • Related: $294,578
  • Other: $32,277
Elizabeth Condic (Cfo)
  • Compensation: $0
  • Related: $171,362
  • Other: $25,513
Where can I find the form 990 for Houston Symphony Endowment?

Houston Symphony Endowment's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Houston Symphony Endowment

The Houston Symphony Endowment is dedicated to upholding its primary objective, which is to sustain the operations of the Houston Symphony Society. By providing unwavering support, this endowment plays a pivotal role in ensuring the continued success and functionality of the Houston Symphony Society. In essence, the Houston Symphony Endowment serves as a pillar, providing the necessary resources to maintain the symphony society's operations and thereby contributing to the preservation and promotion of music in the community.

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Impact




October, 2024

The Houston Symphony Endowment plays a crucial role in sustaining the operations of the Houston Symphony Society. By providing financial stability, the Endowment enables the Symphony to deliver high-quality performances, educational programs, and community outreach initiatives. This support ensures that the Symphony can attract top-tier musicians and conductors, present a diverse range of repertoire, and maintain accessibility for audiences through affordable ticket pricing and free community events. Ultimately, the Endowment enhances the cultural fabric of Houston, enriching the lives of residents through the power of music and the arts.




This information is meant to be a general summary of Houston Symphony Endowment. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,071,634 (2022)
Expenses
$4,034,226 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,540,974
  • Gross Receipts: $11,645,425

Assets and Liabilities:

  • Total Assets: $87,456,110
  • Total Liabilities: $5,177
  • Net Assets: $87,450,933

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Organization Details

Founding Year

2006

Principal Officer

James Lee

Main Address

615 Louisiana St 102, Houston, TX, 77002

NTEE Category

Code: A11 - Arts

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