Houston Symphony Society

EIN: 741157373 501(c)(3) Arts, Culture & Humanities

Houston, TX

Total Revenue
$45,248,050
Total Expenses
$40,571,725
Total Assets
$6,792,521
Net Assets
$-5,502,457
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1913
Legal Domicile
TX
Principal Officer
Gary Ginstling
Phone
7132244240
Tax Period
2024-06-01 to 2025-05-31

Houston Symphony Society, founded in 1913, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $45.2M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $40.6M left a modest 10% surplus.

Mission

Orchestral performances, educational programs, and community activities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $30,835,960
Program Service Revenue $14,543,101
Investment Income $10,882
Other Revenue $-141,893
TOTAL REVENUE $45,248,050

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,189,634
Fundraising Expenses $4,532,958
Program Expenses $33,488,906
Other Expenses $14,331,725
TOTAL EXPENSES $40,571,725

Year-over-Year Comparison

2024 2023 Change
Revenue $45,248,050 $38,784,878 +0.2%
Expenses $40,571,725 $36,945,285 +0.1%
Net Income $4,676,325 $1,839,593 +1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
109
Independent Members
109
Employees
678
Volunteers
675

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
18
$785,204
Total Directors
109
$0
Key Employees
2
$922,255
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barbara Burger President 4.00
Officer Director
$0 $0 $0
Janet Clark Chair 4.00
Officer Director
$0 $0 $0
John Rydman Immediate Past President 4.00
Officer Director
$0 $0 $0
Mike Stude Chairman Emeritus 4.00
Officer Director
$0 $0 $0
Paul Morico General Counsel 4.00
Officer Director
$0 $0 $0
Barbara McCelvey Secretary, Chair-Development 4.00
Officer Director
$0 $0 $0
Jonathan Ayre Chair, Finance 4.00
Officer Director
$0 $0 $0
Brad Corson Chair, Governance & Leadership 4.00
Officer Director
$0 $0 $0
Evan Glick Chair, Popular Programming 4.00
Officer Director
$0 $0 $0
Mary Lynn Marks Chair, Volunteers & Special Events 4.00
Officer Director
$0 $0 $0
Sippi Khurana Chair, Ed. & Communication 4.00
Officer Director
$0 $0 $0
Robert Orr Chair, Strategic Planning 4.00
Officer Director
$0 $0 $0
Carey Kirkpatrick Chair, Marketing & Communications 4.00
Officer Director
$0 $0 $0
Ed Schneider Chair, Community Patnerships 4.00
Officer Director
$0 $0 $0
Jesse Tutor Chair, Audit Committee 4.00
Officer Director
$0 $0 $0
Christopher Armstrong Trustee 4.00
Director
$0 $0 $0
Gary Beauchamp Governing Director 4.00
Director
$0 $0 $0
David J Beck Trustee 4.00
Director
$0 $0 $0
James M Bell Jr Trustee 4.00
Director
$0 $0 $0
Carrie Brandsberg-Dahl Trustee 4.00
Director
$0 $0 $0
Nancy Shelton Bratic Trustee 4.00
Director
$0 $0 $0
Terry Ann Brown Trustee 4.00
Director
$0 $0 $0
Eric Brueggeman Governing Director 4.00
Director
$0 $0 $0
Lindsay Buchanan Trustee 4.00
Director
$0 $0 $0
Bill Bullock Governing Director 4.00
Director
$0 $0 $0
Ralph Burch Trustee 4.00
Director
$0 $0 $0
Mary Kathryn Campion Governing Director 4.00
Director
$0 $0 $0
John Cassidy Governing Director 4.00
Director
$0 $0 $0
John T Cater Trustee 4.00
Director
$0 $0 $0
Robert Chanon Trustee 4.00
Director
$0 $0 $0
Heaven Chee Trustee 4.00
Director
$0 $0 $0
Michael H Clark Trustee 4.00
Director
$0 $0 $0
Virginia Clark Trustee 4.00
Director
$0 $0 $0
Aoife Cunningham Trustee 4.00
Director
$0 $0 $0
Andrew Davis Trustee 4.00
Director
$0 $0 $0
Denise Davis Trustee 4.00
Director
$0 $0 $0
Manuel Delgado Trustee 4.00
Director
$0 $0 $0
Allen Deutsch Trustee 4.00
Director
$0 $0 $0
Tracy Dieterich Trustee 4.00
Director
$0 $0 $0
Joan Duff Trustee 4.00
Director
$0 $0 $0
Connie Dyer Trustee 4.00
Director
$0 $0 $0
Kelli Cohen Fein Trustee 4.00
Director
$0 $0 $0
Jeffrey B Firestone Trustee 4.00
Director
$0 $0 $0
Eugene Fong Trustee 4.00
Director
$0 $0 $0
Aggie Foster Trustee 4.00
Director
$0 $0 $0
Julia Anderson Frankel Trustee 4.00
Director
$0 $0 $0
Ronald G Franklin Trustee 4.00
Director
$0 $0 $0
Carolyn Gaidos Trustee 4.00
Director
$0 $0 $0
Lidiya Gold Governing Director 4.00
Director
$0 $0 $0
Claudio Gutierrez Governing Director 4.00
Director
$0 $0 $0
Lorri Harrington Trustee 4.00
Director
$0 $0 $0
Jeff Hiller Trustee 4.00
Director
$0 $0 $0
Grace Ho Trustee 4.00
Director
$0 $0 $0
Gary L Hollingsworth Trustee 4.00
Director
$0 $0 $0
Brian James Trustee 4.00
Director
$0 $0 $0
Dawn James Trustee 4.00
Director
$0 $0 $0
Rick Jaramillo Governing Director 4.00
Director
$0 $0 $0
David J M Key Governing Director 4.00
Director
$0 $0 $0
I Ray Kirk Trustee 4.00
Director
$0 $0 $0
David Krieger Trustee 4.00
Director
$0 $0 $0
Kenny Kurtzman Trustee 4.00
Director
$0 $0 $0
Cindy Levit Governing Director 4.00
Director
$0 $0 $0
Matthew Loden Trustee 4.00
Director
$0 $0 $0
Isabel Stude Lummis Governing Director 4.00
Director
$0 $0 $0
Cora Sue Mach Governing Director 4.00
Director
$0 $0 $0
Steven Mach Trustee 4.00
Director
$0 $0 $0
Michael Mann Trustee 4.00
Director
$0 $0 $0
Rodney Margolis Governing Director 4.00
Director
$0 $0 $0
Elissa Martin Governing Director 4.00
Director
$0 $0 $0
Nancy Martin Trustee 4.00
Director
$0 $0 $0
Jack Matzer Trustee 4.00
Director
$0 $0 $0
Jackie Wolens Mazow Trustee 4.00
Director
$0 $0 $0
Aprill Nelson Trustee 4.00
Director
$0 $0 $0
Leslie Nossaman Governing Director 4.00
Director
$0 $0 $0
Tim Ong Trustee 4.00
Director
$0 $0 $0
Edward C Osterberg Jr Trustee 4.00
Director
$0 $0 $0
Zeljko Pavlovic Trustee 4.00
Director
$0 $0 $0
Chris Powers Governing Director 4.00
Director
$0 $0 $0
Gloria Pryzant Trustee 4.00
Director
$0 $0 $0
Heidi Rockecharlie Governing Director 4.00
Director
$0 $0 $0
Miwa Sakashita Trustee 4.00
Director
$0 $0 $0
Britney Sakowitz Governing Director 4.00
Director
$0 $0 $0
Ted Sarosdy Trustee 4.00
Director
$0 $0 $0
Andrew Schwaitzberg Trustee 4.00
Director
$0 $0 $0
Helen P Shaffer Trustee 4.00
Director
$0 $0 $0
Becky Shaw Trustee 4.00
Director
$0 $0 $0
Ryan Silverman Trustee 4.00
Director
$0 $0 $0
Robert B Sloan Trustee 4.00
Director
$0 $0 $0
Jim R Smith Trustee 4.00
Director
$0 $0 $0
Miles O Smith Trustee 4.00
Director
$0 $0 $0
Quentin Smith Trustee 4.00
Director
$0 $0 $0
Tad Smith Trustee 4.00
Director
$0 $0 $0
Anthony Speier Trustee 4.00
Director
$0 $0 $0
Justin Stenberg Governing Director 4.00
Director
$0 $0 $0
Tina Raham Stewart Trustee 4.00
Director
$0 $0 $0
Nanako Tingleaf Trustee 4.00
Director
$0 $0 $0
William J Toomey II Governing Director 4.00
Director
$0 $0 $0
Betty Tutor Governing Director 4.00
Director
$0 $0 $0
Bobby Tudor Governing Director 4.00
Director
$0 $0 $0
Margaret Waisman Trustee 4.00
Director
$0 $0 $0
Gretchen Watkins Governing Director 4.00
Director
$0 $0 $0
Frederic A Weber Trustee 4.00
Director
$0 $0 $0
Robert Weiner Governing Director 4.00
Director
$0 $0 $0
Vicki West Trustee 4.00
Director
$0 $0 $0
Margaret Alkek Williams Governing Director 4.00
Director
$0 $0 $0
Steven J Williams Trustee 4.00
Director
$0 $0 $0
David J Wuthrich Trustee 4.00
Director
$0 $0 $0
Ellen A Yarrell Trustee 4.00
Director
$0 $0 $0
Robert Yekovich Trustee 4.00
Director
$0 $0 $0
John Mangum Executive Director/CEO (thru 09/24) 40.00
Officer
$432,679 $39,824 $472,503
Gary Ginstling Executive Director/CEO (as of 02/25) 40.00
Officer
$0 $0 $0
Elizabeth Condic CFO, Interim CEO 40.00
Officer
$281,712 $30,989 $312,701
Victoria Dominguez Chief Operating Officer 40.00
Key Emp
$233,301 $20,275 $253,576
Juraj Valcuha Music Director 40.00
Key Emp
$658,856 $9,823 $668,679
Yoonshin Song Musician 40.00
Highest
$362,011 $8,377 $370,388
Mark Nuccio Musician 40.00
Highest
$232,752 $19,928 $252,680
Jonathan Fischer Musician 40.00
Highest
$213,929 $8,546 $222,475
Brinton Smith Musician 40.00
Highest
$209,004 $23,081 $232,085
Bill Vermeulen Musician 40.00
Highest
$207,605 $27,479 $235,084
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $45,248,050 $40,571,725 $6,792,521 $4,676,325
2024 $38,784,878 $36,945,285 $13,065,626 $1,839,593
2023 $33,373,525 $34,437,464 $7,742,932 $-1,063,939
2022 $35,994,603 $30,071,128 $6,917,238 $5,923,475
2021 $27,796,543 $22,029,733 $6,681,545 $5,766,810
2020 $30,832,679 $34,177,611 $7,424,701 $-3,344,932
2019 $30,468,362 $33,147,136 $8,399,635 $-2,678,774
2018 $29,175,865 $34,104,664 $10,401,080 $-4,928,799
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