About
This organization accepts, receives, holds, and invests endowment funds for the benefit of Houston Grand Opera Association of Houston, Texas.
Donations are tax-deductible
Financial Snapshot
FY ending 2024-07-31Financial history
1718192021222324
RevenueExpenses
Latest FY2024: $8.0M · Peak FY2023: $16.7M · Avg: $7.9M
Foreign activity (Schedule F)
Total spent abroad$2.5M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
| Region | Activity | Spent |
|---|
| Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, | — | — |
Political & Grant Activity
HOUSTON GRAND OPERA ENDOWMENT INC
Address
510 Preston ST
Houston, TX, 77002-150
Governance
Voting board members13
Independent members12
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Financial detail (Schedule D)
Board-designated %2.6%
Permanent endowment %69.4%
Endowment held by related orgNo
Public records
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