Houston Youth Symphony
EIN: 741238425 · Houston, TX · NTEE: A69Z
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $835K |
| Net Assets | $805K |
Is Houston Youth Symphony Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Houston Youth Symphony
Houston Youth Symphony (EIN: 741238425) is a nonprofit organization based in Houston, TX, classified under NTEE code A69Z. The organization reported total revenue of $1.0M and total assets of $885K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Houston Youth Symphony's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Houston Youth Symphony is a mid-size nonprofit that has been operating for 76 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $959K |
| Total Expenses | $835K |
| Surplus / Deficit | +$124K |
| Total Assets | $805K |
| Net Assets | $805K |
| Operating Margin | 12.9% |
| Months of Reserves | 11.6 months |
Financial Health Grade: A
In 2023, Houston Youth Symphony reported a surplus of $124K with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Houston Youth Symphony's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.3% | +21.6% | +17.0% |
| 2022 | +19.5% | +8.4% | -1.1% |
| 2021 | -14.1% | -12.9% | +6.7% |
| 2020 | -1.6% | -3.1% | +18.8% |
| 2019 | +12.2% | +8.5% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1950 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Houston Youth Symphony 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 Youth Symphony 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $124K, with revenue exceeding expenses.
Frequently Asked Questions about Houston Youth Symphony
Is Houston Youth Symphony a legitimate charity?
Based on AI analysis of IRS 990 filings, Houston Youth Symphony (EIN: 741238425) insufficient data. 0 red flags identified, 0 strengths noted.
How does Houston Youth Symphony spend its money?
Detailed spending breakdown data is not yet available for Houston Youth Symphony. Check back for updated IRS 990 analysis.
Are donations to Houston Youth Symphony tax-deductible?
Houston Youth Symphony is registered as a tax-exempt nonprofit (EIN: 741238425). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Houston Youth Symphony located?
Houston Youth Symphony is headquartered in Houston, Texas and files with the IRS under EIN 741238425. It is classified under NTEE code A69Z.
How many years of IRS 990 filings does Houston Youth Symphony have?
Houston Youth Symphony has 12 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Houston Youth Symphony showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Houston Youth Symphony's revenue has grown by 100.2%, moving from $479K to $959K. Total assets increased by 219.1% over the same period, from $252K to $805K. Total functional expenses rose by 77.1%, from $472K to $835K. In its most recent filing year (2023), Houston Youth Symphony reported a surplus of $124K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $959K | $835K | $805K | $0 | — | View 990 |
| 2022 | $771K | $686K | $688K | $0 | — | View 990 |
| 2021 | $646K | $633K | $696K | $61K | — | — |
| 2020 | $751K | $727K | $652K | $73K | — | View 990 |
| 2019 | $763K | $751K | $549K | $0 | — | View 990 |
| 2018 | $681K | $692K | $530K | $0 | — | View 990 |
| 2017 | $867K | $669K | $534K | $0 | — | View 990 |
| 2016 | $610K | $622K | $323K | $0 | — | View 990 |
| 2015 | $625K | $594K | $335K | $0 | — | View 990 |
| 2014 | $564K | $538K | $305K | $0 | — | View 990 |
| 2013 | $525K | $499K | $278K | $0 | — | View 990 |
| 2012 | $479K | $472K | $252K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $959K, expenses of $835K, and assets of $805K (revenue +24.3% year-over-year).
- 2022: Revenue of $771K, expenses of $686K, and assets of $688K (revenue +19.5% year-over-year).
- 2021: Revenue of $646K, expenses of $633K, and assets of $696K (revenue -14.1% year-over-year).
- 2020: Revenue of $751K, expenses of $727K, and assets of $652K (revenue -1.6% year-over-year).
- 2019: Revenue of $763K, expenses of $751K, and assets of $549K (revenue +12.2% year-over-year).
- 2018: Revenue of $681K, expenses of $692K, and assets of $530K (revenue -21.5% year-over-year).
- 2017: Revenue of $867K, expenses of $669K, and assets of $534K (revenue +42.1% year-over-year).
- 2016: Revenue of $610K, expenses of $622K, and assets of $323K (revenue -2.3% year-over-year).
- 2015: Revenue of $625K, expenses of $594K, and assets of $335K (revenue +10.7% year-over-year).
- 2014: Revenue of $564K, expenses of $538K, and assets of $305K (revenue +7.5% year-over-year).
- 2013: Revenue of $525K, expenses of $499K, and assets of $278K (revenue +9.6% year-over-year).
- 2012: Revenue of $479K, expenses of $472K, and assets of $252K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Houston Youth Symphony:
Data Sources and Methodology
This transparency report for Houston Youth Symphony 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.