Houston Arts Combined Endowment Foundation
EIN: 760379639 · Houston, TX
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $525K |
| Net Assets | $1.2M |
Is Houston Arts Combined Endowment Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Houston Arts Combined Endowment Foundation
Houston Arts Combined Endowment Foundation (EIN: 760379639) is a nonprofit organization based in Houston, TX. The organization reported total revenue of $2.0M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Houston Arts Combined Endowment Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Houston Arts Combined Endowment Foundation is a mid-size nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $604K |
| Total Expenses | $525K |
| Surplus / Deficit | +$78K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 13.0% |
| Months of Reserves | 26.8 months |
Financial Health Grade: A
In 2024, Houston Arts Combined Endowment Foundation reported a surplus of $78K with revenue exceeding expenses, holds 26.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Houston Arts Combined Endowment Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -12.8% | -43.8% | +7.2% |
| 2023 | -20.5% | +34.1% | -18.1% |
| 2022 | +66.0% | +41.1% | +15.0% |
| 2021 | -24.8% | -32.7% | +2.7% |
| 2020 | -65.7% | -60.2% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Houston Arts Combined Endowment Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Houston Arts Combined Endowment Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $78K, with revenue exceeding expenses.
Frequently Asked Questions about Houston Arts Combined Endowment Foundation
Is Houston Arts Combined Endowment Foundation a legitimate charity?
Houston Arts Combined Endowment Foundation (EIN: 760379639) is a registered tax-exempt nonprofit based in Texas. It has 14 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. Financial health grade: A.
How does Houston Arts Combined Endowment Foundation spend its money?
Houston Arts Combined Endowment Foundation reported $2.0M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Houston Arts Combined Endowment Foundation tax-deductible?
Houston Arts Combined Endowment Foundation is registered as a tax-exempt nonprofit (EIN: 760379639). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Houston Arts Combined Endowment Foundation located?
Houston Arts Combined Endowment Foundation is headquartered in Houston, Texas and files with the IRS under EIN 760379639.
How many years of IRS 990 filings does Houston Arts Combined Endowment Foundation have?
Houston Arts Combined Endowment Foundation has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.0M in total revenue.
Filing History
IRS 990 filing history for Houston Arts Combined Endowment Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Houston Arts Combined Endowment Foundation's revenue has declined by 35.5%, moving from $935K to $604K. Total assets decreased by 31.3% over the same period, from $1.7M to $1.2M. Total functional expenses fell by 11.9%, from $596K to $525K. In its most recent filing year (2024), Houston Arts Combined Endowment Foundation reported a surplus of $78K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $604K | $525K | $1.2M | $0 | — | — |
| 2023 | $692K | $934K | $1.1M | $0 | — | — |
| 2022 | $870K | $696K | $1.3M | $0 | — | View 990 |
| 2021 | $524K | $493K | $1.2M | $0 | — | — |
| 2020 | $698K | $733K | $1.1M | $0 | — | View 990 |
| 2019 | $2.0M | $1.8M | $1.2M | $0 | — | View 990 |
| 2018 | $597K | $431K | $973K | $0 | — | View 990 |
| 2017 | $267K | $287K | $808K | $0 | — | View 990 |
| 2016 | $283K | $665K | $828K | $0 | — | View 990 |
| 2015 | $989K | $1.0M | $1.2M | $0 | — | View 990 |
| 2014 | $565K | $540K | $1.2M | $0 | — | View 990 |
| 2013 | $386K | $407K | $1.2M | $0 | — | — |
| 2012 | $547K | $1.0M | $1.2M | $0 | — | View 990 |
| 2011 | $935K | $596K | $1.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $604K, expenses of $525K, and assets of $1.2M (revenue -12.8% year-over-year).
- 2023: Revenue of $692K, expenses of $934K, and assets of $1.1M (revenue -20.5% year-over-year).
- 2022: Revenue of $870K, expenses of $696K, and assets of $1.3M (revenue +66.0% year-over-year).
- 2021: Revenue of $524K, expenses of $493K, and assets of $1.2M (revenue -24.8% year-over-year).
- 2020: Revenue of $698K, expenses of $733K, and assets of $1.1M (revenue -65.7% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.8M, and assets of $1.2M (revenue +241.1% year-over-year).
- 2018: Revenue of $597K, expenses of $431K, and assets of $973K (revenue +123.9% year-over-year).
- 2017: Revenue of $267K, expenses of $287K, and assets of $808K (revenue -5.6% year-over-year).
- 2016: Revenue of $283K, expenses of $665K, and assets of $828K (revenue -71.4% year-over-year).
- 2015: Revenue of $989K, expenses of $1.0M, and assets of $1.2M (revenue +75.1% year-over-year).
- 2014: Revenue of $565K, expenses of $540K, and assets of $1.2M (revenue +46.2% year-over-year).
- 2013: Revenue of $386K, expenses of $407K, and assets of $1.2M (revenue -29.4% year-over-year).
- 2012: Revenue of $547K, expenses of $1.0M, and assets of $1.2M (revenue -41.5% year-over-year).
- 2011: Revenue of $935K, expenses of $596K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Houston Arts Combined Endowment Foundation:
Data Sources and Methodology
This transparency report for Houston Arts Combined Endowment Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.