Houston Grand Opera Endowment Inc (EIN 760038314) - Form 990 Financial Analysis & Trantor Score

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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

1982

Legal Domicile

Principal Officer

Marianne Kah

Phone

7135460258

Tax Period

2023-08-01 to 2024-07-31

Houston Grand Opera Endowment Inc, founded in 1982, is a community nonprofit in the Arts, Culture & Humanities sector that reported $8.0M in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $4.0M, a strong 50% operating margin.

Mission

Accept, hold, and invest endowment funds for the benefit of Houston Grand Opera Assoc., Inc.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,157,798

Program Service Revenue $0

Investment Income $831,832

Other Revenue $27,222

TOTAL REVENUE $8,016,852

Expense Breakdown

Grants Paid $3,568,332

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,568,332

Other Expenses $447,162

TOTAL EXPENSES $4,015,494

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,016,852	$16,748,714	-0.5%
Expenses	$4,015,494	$3,719,489	+0.1%
Net Income	$4,001,358	$13,029,225	-0.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$476,803

Total Directors

$476,803

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Khori Dastoor	HGO CEO & General Director	1.00	Officer Director	$0	$10,729	$476,803
Marianne Kah	Chair	1.00	Officer Director	$0	$0	$0
Yolanda Knull	Senior Chair	1.00	Officer Director	$0	$0	$0
Tom Rushing	Chair Emeritus	1.00	Officer Director	$0	$0	$0
Mark Poag	Vice Chair	1.00	Officer Director	$0	$0	$0
Terrylin Neale	Secretary, Treasurer	1.00	Officer Director	$0	$0	$0
Tom Ajamie	Trustee	1.00	Director	$0	$0	$0
Janet Carrig	Trustee	1.00	Director	$0	$0	$0
Carolyn Galfione	Trustee	1.00	Director	$0	$0	$0
Richard Husseini	Trustee	1.00	Director	$0	$0	$0
Stephen Kaufman	Trustee	1.00	Director	$0	$0	$0
Claire Liu	Trustee	1.00	Director	$0	$0	$0
Scott Wise	Trustee	1.00	Director	$0	$0	$0

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
2024	$8,016,852	$4,015,494	$120,594,660	$4,001,358
2023	$16,748,714	$3,719,489	$104,946,305	$13,029,225
2022	$5,091,198	$3,386,633	$88,799,109	$1,704,565
2021	$24,478,386	$3,190,290	$94,842,059	$21,288,096
2020	$6,541,019	$2,909,321	$73,373,841	$3,631,698
2019	$5,411,103	$2,995,618	$69,444,046	$2,415,485
2018	$8,754,867	$2,740,579	$68,447,155	$6,014,288

Houston Grand Opera Endowment Inc