Virtuosi of Houston

Analysis

Virtuosi of Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Virtuosi of Houston reported income of $188k and spending of $227k, spending 121% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $309k to $188k (-39%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 50%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virtuosi of Houston sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Rowland Ward Foundation ($188k), Beautiful Church of Orlando ($188k) and Windy Van Hooten Teaching Garden ($188k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 24% of the total. Other salaries and wages came to $66k. At year end it held assets of $121k against liabilities of $65k, net assets of $56k. It reported 1 employees.