Overview
What is Houston Grand Opera Endowment Inc?
Houston Grand Opera Endowment Inc is a nonprofit organization situated in Houston, Texas, specifically at 510 Preston Street. Their primary role involves managing and investing endowment funds, aiming to benefit the Houston Grand Opera Association. By doing so, they contribute to the continued success and growth of the opera association in Houston, Texas. Their activities primarily revolve around financial management and investment, ensuring the long-term sustainability of the Houston Grand Opera Association.
Is Houston Grand Opera Endowment Inc legitimate?
Houston Grand Opera Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Grand Opera Endowment Inc 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:
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What is the mission statement of Houston Grand Opera Endowment Inc?
Houston Grand Opera Endowment Inc's primary role is to manage and invest endowment funds. These funds are intended to benefit the Houston Grand Opera Association, contributing to its overall operations. The organization's purpose is to ensure the financial stability and growth of the Houston Grand Opera Association, thereby supporting its artistic and educational initiatives. By effectively managing and growing the endowment, Houston Grand Opera Endowment Inc plays a crucial role in securing the future of the Houston Grand Opera Association.
Who is the CEO of Houston Grand Opera Endowment Inc?
Yolanda Knull is the Chair of Houston Grand Opera Endowment Inc. The CEO's salary of Houston Grand Opera Endowment Inc is $0 and their total compensation is $154,454.
What is the revenue of Houston Grand Opera Endowment Inc?
Houston Grand Opera Endowment Inc's revenue in 2022 was $5,091,198.
Who are the executives of Houston Grand Opera Endowment Inc and what are their salaries?
There 10 volunteers at Houston Grand Opera Endowment Inc.
Here are 13 key members and their salaries (Houston Grand Opera Endowment Inc's CEO's salary is $0 and their total compensation is $154,454):
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- Related: $513,013
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Where can I find the form 990 for Houston Grand Opera Endowment Inc?
Houston Grand Opera Endowment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Houston Grand Opera Endowment Inc
Houston Grand Opera Endowment Inc, as its mission statement suggests, serves a crucial role in supporting the Houston Grand Opera Association. This organization is responsible for accepting, receiving, and holding endowment funds. Its primary objective is to invest these funds for the benefit of the Houston Grand Opera Association. By doing so, Houston Grand Opera Endowment Inc plays a significant role in ensuring the financial stability and future growth of the Houston Grand Opera Association. This nonprofit organization's mission is a testament to its commitment to the arts and its dedication to supporting the Houston Grand Opera Association in its endeavors.
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Impact
October, 2024
Houston Grand Opera Endowment Inc plays a crucial role in ensuring the financial sustainability and growth of the Houston Grand Opera Association. By accepting, holding, and investing endowment funds, the organization provides vital financial support that enables the opera to produce high-quality performances, engage talented artists, and offer innovative programming. This endowment not only stabilizes the company's finances but also allows for long-term planning and investment in artistic endeavors.
The impact of this organization extends beyond just financial support; it fosters a rich cultural environment in Houston, enhances the community's artistic landscape, and contributes to the preservation and promotion of the operatic art form. By investing in the endowment, donors help secure the future of the Houston Grand Opera, ensuring that it can continue to bring opera to diverse audiences and contribute to the cultural vibrancy of the region. Through its mission, the Houston Grand Opera Endowment Inc significantly influences the artistic heritage of the area and supports the development of future generations of opera lovers and artists.
This information is meant to be a general summary of Houston Grand Opera Endowment Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,764,635
- Gross Receipts: $7,830,621
Assets and Liabilities:
- Total Assets: $88,799,109
- Total Liabilities: $0
- Net Assets: $88,799,109
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Organization Details
Founding Year
1982
Phone
(713) 546-0258Principal Officer
Yolanda Knull
Main Address
510 Preston, Houston, TX, 770021504
NTEE Category
Code: A110 - Arts
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