Chamber Music Houston Endowment

Analysis

Chamber Music Houston Endowment is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chamber Music Houston Endowment reported income of $76k and spending of $36k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $95k to $76k (-19%), an average of -5.3% a year. The sharpest change came in the year to June 2022, when income rose by 175%. Over the whole period it spent 5.7% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chamber Music Houston Endowment sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Osgood Damm Theatre Inc ($76k), Inone Music Ministries ($76k) and Natural Resource Education Center at Moosehead ($76k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.