Houston Symphony Society is located in Houston, TX. The organization was established in 1941. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2023, Houston Symphony Society employed 589 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Symphony Society 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 05/2023, Houston Symphony Society generated $33.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $34.4m during the year ending 05/2023. While expenses have increased by 1.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ORCHESTRAL PERFORMANCES, EDUCATIONAL PROGRAMS, AND COMMUNITY ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OARTISTIC ENDEAVORS: THE HOUSTON SYMPHONY CONTINUES ITS SECOND CENTURY AS ONE OF AMERICA'S LEADING ORCHESTRAS WITH A FULL COMPLEMENT OF CONCERT, COMMUNITY, EDUCATION, AND RECORDING ACTIVITIES. TODAY, WITH AN OPERATING BUDGET OF $37.8 MILLION (FY24), THE FULL-TIME ENSEMBLE OF PROFESSIONAL MUSICIANS PRESENTS MORE THAN 130 CONCERTS ANNUALLY, MAKING IT THE LARGEST PERFORMING ARTS ORGANIZATION IN HOUSTON. AFTER SUSPENDING CONCERT ACTIVITIES IN MARCH 2020, THE SYMPHONY SUCCESSFULLY COMPLETED THE FULL 2020-21 SEASON WITH IN-PERSON AUDIENCES AND WEEKLY LIVESTREAMS OF EACH PERFORMANCE, MAKING IT ONE OF THE ONLY ORCHESTRAS IN THE WORLD TO DO SO. THE HOUSTON SYMPHONY REMAINS COMMITTED TO LIVESTREAMING TO A BROAD AUDIENCE IN OVER FORTY-FIVE COUNTRIES AND ALL FIFTY STATES, ONE OF FEW AMERICAN ORCHESTRAS DEDICATED TO TRANSMITTING LIVE PERFORMANCES TO A SIZEABLE AUDIENCE OUTSIDE ITS HOME CITY THROUGH THIS TECHNOLOGY. HIGHLIGHTS OF THE 2022-2023 CLASSICAL SEASON BEGAN WITH MUSIC DIRECTOR JURAJ VALCUHA OPENING HIS FIRST SEASON AS MUSIC DIRECTOR CONDUCTING VERDI'S REQUIEM; AS WELL AS PERFORMANCES OF MAHLER'S DAS LIED VON DER ERDE (THE SONG OF THE EARTH), BARTOK'S THE MIRACULOUS MANDARIN, AND STRAVINSKY'S THE RITE OF SPRING, CLOSING THE SEASON WITH A SEMI-STAGED PRODUCTION OF STRAVINSKY'S OEDIPUS REX. MEMORABLE GUEST ARTISTS THIS SEASON INCLUDED VIOLINISTS JOSHUA BELL, AUGUSTIN HADELICH, ITZHAK PERLMAN, TAI MURRAY, AND ELINA VAHALA; PIANISTS YEFIM BRONFMAN, STEPHEN HOUGH, LUCAS AND ARTHUR JUSSEN, LISE DE LA SALLE, AND JEFFREY KAHANE; VOCALISTS ANA MARIA MARTINEZ, SASHA COOKE, MICHELLE DEYOUNG, AND SEAN PANIKKAR; AND CONDUCTORS JANE GLOVER, MATTHEW HALLS, JONATHON HEYWARD, GEMMA NEW, JUKKA-PEKKA SARASTE, AND OSMO VANSKA; AS WELL AS BRILLIANT SOLOIST TURNS FROM HOUSTON SYMPHONY CONCERTMASTER YOONSHIN SONG, PRINCIPAL BASSOON RIAN CRAYPO, ACTING PRINCIPAL VIOLA JOAN DERHOVSEPIAN, PRINCIPAL FLUTE ARALEE DOROUGH, PRINCIPAL OBOE JONATHAN FISCHER, PRINCIPAL BASS ROBIN KESSELMAN, PRINCIPAL CLARINET MARK NUCCIO, PRINCIPAL CELLO BRINTON AVERIL SMITH, AND PRINCIPAL HORN WILLIAM VERMEULEN. THE POPS SEASON LAUNCHED WITH PRINCIPAL POPS CONDUCTOR STEVEN REINEKE PRESIDING OVER THE GRAVITY-DEFYING CIRQUE DE LA SYMPHONIE. POWERHOUSE VOCALIST CAPATHIA JENKINS RETURNED FOR FIRST LADIES OF SOUL, THE ORCHESTRA SCREENED DISNEY'S FANTASIA WITH THE ORCHESTRA PERFORMING THE SCORE LIVE TO FILM, MICHAEL KRAJEWSKI LEAD THE ANNUAL HOLIDAY TRADITION A VERY MERRY POPS, STEVEN REINEKE RETURNED TO LEAD THE MUSIC OF ELTON JOHN AND BILLY JOEL, BROADWAY STAR JEREMY JORDAN SANG HIS GREATEST BROADWAY HITS WITH THE ORCHESTRA, STEVEN REINEKE CONDUCTED LET'S MISBEHAVE: THE SONGS OF COLE PORTER, AND THE POPS SEASON CLOSED WITH BROADWAY GOES HOLLYWOOD.
SEE SCHEDULE OEDUCATION AND COMMUNITY ENGAGEMENT: THE HOUSTON SYMPHONY IS COMMITTED TO INCREASING THE QUALITY OF LIFE IN HOUSTON BY ADDRESSING PRIORITY COMMUNITY ISSUES INCLUDING EDUCATION, HEALTHCARE, BUILDING COMMUNITY BETWEEN DISPARATE POPULATIONS, AND IMPROVING THE WELFARE OF UNDERSERVED POPULATIONS. THE SYMPHONY ACCOMPLISHES THIS BY PRESENTING AN EXTRAORDINARY RANGE OF MUSIC EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS BOTH INSIDE JONES HALL AND IN COMMUNITY VENUES THROUGHOUT THE GREATER HOUSTON AREA. THROUGH NEARLY 1,000 EVENTS WITH HOUSTON SYMPHONY MUSICIANS AND COMMUNITY-EMBEDDED MUSICIANS, PARTNERSHIPS WITH SCHOOLS, COMMUNITY CENTERS, HOSPITALS AND OTHER NON-PROFITS, THE SOCIETY SERVES A WIDE RANGE OF HOUSTONIANS THAT REFLECTS THE DIVERSITY OF THE CITY. WHETHER THEY ARE UNDERSERVED STUDENTS, CANCER PATIENTS, REFUGEES, OR HOMELESS FAMILIES, WE PUT THE PEOPLE WE SERVE FIRST, ASKING HOW MUSIC CAN BEST MEET THEIR NEEDS. OUR GOAL IS TO REMOVE ECONOMIC AND GEOGRAPHICAL BARRIERS TO MUSIC SO THAT HOUSTONIANS FROM ALL WALKS OF LIFE CAN BENEFIT FROM THE ART FORM. TRADITIONALLY, HOUSTON SYMPHONY EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS SERVE MORE THAN 200,000 HOUSTONIANS OF ALL AGES AND BACKGROUNDS AND THESE ACTIVITIES REPRESENTED AN INVESTMENT OF $4.15 MILLION, OR NEARLY 10% OF THE ANNUAL ORGANIZATION BUDGET, DURING THE 2022-23 SEASON.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Rydman President | OfficerTrustee | 4 | $0 |
Janet Clark Chair | OfficerTrustee | 4 | $0 |
Barbara Mccelvey Secretary | OfficerTrustee | 4 | $0 |
Barbara Burger President-Elect | OfficerTrustee | 4 | $0 |
Steven Mach Immediate Past Chairman | OfficerTrustee | 4 | $0 |
Jonathan Ayre Chair, Finance | OfficerTrustee | 4 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Levy Food Services Food Services | 5/30/23 | $462,507 |
Opus 3 Artists Llc Artistic Talent Agent | 5/30/23 | $431,884 |
Itzhak Perlman Artist | 5/30/23 | $300,000 |
Rr Donnelley Marketing Services | 5/30/23 | $277,789 |
William Morris Endeavor Entertainment Artistic Talent Agent | 5/30/23 | $333,700 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $2,251,434 |
Related organizations | $4,159,432 |
Government grants | $2,185,462 |
All other contributions, gifts, grants, and similar amounts not included above | $14,068,703 |
Noncash contributions included in lines 1a–1f | $713,559 |
Total Revenue from Contributions, Gifts, Grants & Similar | $22,665,031 |
Total Program Service Revenue | $10,507,188 |
Investment income | $76,322 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$161,468 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $33,373,525 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,509,310 |
Compensation of current officers, directors, key employees. | $308,076 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $16,177,240 |
Pension plan accruals and contributions | $848,490 |
Other employee benefits | $2,835,020 |
Payroll taxes | $1,278,442 |
Fees for services: Management | $0 |
Fees for services: Legal | $15,927 |
Fees for services: Accounting | $74,521 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $69,603 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,692,087 |
Advertising and promotion | $1,727,608 |
Office expenses | $242,602 |
Information technology | $424,151 |
Royalties | $0 |
Occupancy | $1,036,000 |
Travel | $549,854 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $537,203 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $113,638 |
Insurance | $168,756 |
All other expenses | $0 |
Total functional expenses | $34,437,464 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $582,918 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $4,732,351 |
Accounts receivable, net | $330,680 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $447,913 |
Net Land, buildings, and equipment | $569,324 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,079,746 |
Total assets | $7,742,932 |
Accounts payable and accrued expenses | $1,612,712 |
Grants payable | $0 |
Deferred revenue | $3,677,620 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $11,335,488 |
Unsecured mortgages and notes payable | $1,999,422 |
Other liabilities | $1,136,065 |
Total liabilities | $19,761,307 |
Net assets without donor restrictions | -$14,647,723 |
Net assets with donor restrictions | $2,629,348 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $7,742,932 |