Houston, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Hobby Center Foundation, founded in 1994, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $34.0M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Net assets of $75.3M represent 27 months of operating reserves.
The Hobby Center for the Performing Arts deepens understanding of our shared humanity. We serve as a connector, convenor and incubator for all Houston audiences, artmakers and arts organizations. By presenting engaging performances and educational programs, we strengthen our sense of belonging to shape a more cohesive and connected Houston community.
The Hobby Center for the Performing Arts welcomes over 400,000 audience members annually to engage with high quality arts programming including the Memorial Hermann Broadway at the Hobby Center...
The Hobby Center for the Performing Arts welcomes over 400,000 audience members annually to engage with high quality arts programming including the Memorial Hermann Broadway at the Hobby Center series. The Hobby Center is also home to a full season of musical theatre produced by principal resident company Theatre Under the Stars, as well as a variety of diverse performances from both Houston-based and touring artists and companies.
During the 2023-2024 Season, the Hobby Center for the Performing Arts expanded its presented programming beyond the Broadway Series with a series of 23 performances including a dynamic and diverse...
During the 2023-2024 Season, the Hobby Center for the Performing Arts expanded its presented programming beyond the Broadway Series with a series of 23 performances including a dynamic and diverse mix of Houston based and touring artists in performance spaces across the campus. This work is being led by a newly created department, Programming and Education, that is leading the curation and development of new programs on stage, in the classroom and in the community. As a presenter, the Hobby Center books the artists directly and holds full responsibility for marketing and sales strategy. Education and accessibility initiatives are central to the Hobby Center's impact in Houston through programs like the ExxonMobil Discovery Series that welcomes thousands of students to performances every season.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $33,985,463 | $39,846,729 | -0.1% |
| Expenses | $33,260,127 | $37,971,999 | -0.1% |
| Net Income | $725,336 | $1,874,730 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Mark Folkes | President/CEO | 38.00 |
Officer
Director
|
$412,600 | $33,368 | $445,968 |
| Rob Doty | Board Chair | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kimberly Cutchall | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Matthew Henneman | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Anisha Aroara | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Stephen Ash | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Steven Burkett | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kate Dearing Fowler | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lesha Elsenbrook | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Marjorie Evans | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ange Finn | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Hillary Hart | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Marshall Heins | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ron Hulme | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Caroline Baker Hurley | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Franklin Jones | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ken Kades | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Miles Marks | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lauren Reid | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jen Shaunty | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Steve Stephens | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lynne Earll | VP Finance & Administration | 35.00 |
Officer
|
$238,751 | $27,663 | $266,414 |
| Denise Wright | VP Operations | 35.00 |
Highest
|
$246,992 | $30,678 | $277,670 |
| Sheri Johnson | General Mgr of Broadway | 40.00 |
Highest
|
$221,188 | $27,029 | $248,217 |
| Kevin Van Orden | House Carpenter | 40.00 |
Highest
|
$137,537 | $36,654 | $174,191 |
| Mark Dolney | House Electrician | 40.00 |
Highest
|
$127,251 | $36,772 | $164,023 |
| Daniel Nordby | Audio Engineer | 40.00 |
Highest
|
$128,497 | $21,367 | $149,864 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $33,985,463 | $33,260,127 | $85,546,983 | $725,336 |
| 2023 | $39,846,729 | $37,971,999 | $81,596,918 | $1,874,730 |
| 2022 | $35,132,729 | $31,738,897 | $77,710,927 | $3,393,832 |
| 2021 | $8,249,942 | $7,631,368 | $78,248,185 | $618,574 |
| 2020 | $16,522,209 | $19,931,042 | $81,335,263 | $-3,408,833 |
| 2019 | $11,384,445 | $10,882,281 | $83,906,185 | $502,164 |
| 2019 | $28,697,280 | $28,195,116 | $83,906,185 | $502,164 |
| 2018 | $11,024,881 | $9,927,665 | $79,679,434 | $1,097,216 |
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