Houston Symphony Society: $33.4M Revenue, $34.4M Expenses
Houston, Texas · EIN 741157373 · Filing year 2023
Houston Symphony Society reported $33.4M in total revenue, $34.4M in total expenses, and $7.7M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $1.5M (4.52% of revenue). NonprofitTruth efficiency grade: C (56/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $33.4M
- Total Expenses
- $34.4M
- Total Assets
- $7.7M
- Reserve Months
- 2.7 months
- Surplus / (Deficit)
- $-1,063,939
- EIN
- 741157373
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $1.5M
- Officer Comp % of Revenue
- 4.52%
The composite efficiency score of 56/100 puts Houston Symphony Society at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).
Houston Symphony Society reported $33.4M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Operating reserves at Houston Symphony Society are adequate: the balance sheet covers a reasonable share of annual expenses, though not a deep multi-year cushion.
Five-year revenue has grown modestly. Houston Symphony Society is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. Officer compensation is on the higher side of the band typical for nonprofits this size: $1.5M in total current-officer compensation against $33.4M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Houston Symphony Society sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How Houston Symphony Society Compares
Houston Symphony Society earns a NonprofitTruth efficiency grade of C (56/100). That is 0 points above the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 4.52% of total revenue. The organization holds 2.7 months of operating reserves, which is below the commonly recommended 3-month minimum.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Houston Symphony Society reported $33.4M in revenue against $34.4M in total functional expenses for filing year 2023, holding roughly 2.7 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $1.5M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 4.52% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Houston Symphony Society has a NonprofitTruth Efficiency Score of C (56/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Houston Symphony Society, Donor FAQ
Houston Symphony Society has a NonprofitTruth Efficiency Score of C (56/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Houston Symphony Society reports $1.5M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 4.52% of the organization's $33.4M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Houston Symphony Society reported $33.4M in annual revenue and $34.4M in total expenses for filing year 2023. The organization holds $7.7M in total assets.
Houston Symphony Society holds approximately 2.7 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.
Houston Symphony Society is a registered 501(c) organization with EIN 741157373, based in Houston, Texas. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.