Chamber Music Houston Inc

Analysis

Chamber Music Houston Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 1962, 64 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chamber Music Houston Inc reported income of $416k and spending of $479k, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $302k to $416k (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 188%. Over the whole period it spent 115% 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 Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Roxy-Chimes Foundation Inc ($416k), Coastside State Parks Association ($416k) and Jazz at the Ballroom Inc ($416k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $93k. At year end it held assets of $366k against liabilities of $101k, net assets of $265k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.