Houston Ballet Foundation
601 Preston St, Houston, TX · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $41,957,306 | $41,953,862 | $177,106,558 |
| FY2024 | $46,357,760 | $39,735,867 | $173,099,811 |
| FY2023 | $38,816,415 | $38,681,214 | $161,536,033 |
| FY2022 | $49,258,253 | $32,770,439 | $158,303,060 |
| FY2021 | $40,208,587 | $19,984,794 | $159,000,463 |
| FY2020 | $33,653,691 | $32,847,451 | $134,032,542 |
| FY2019 | $33,107,031 | $35,013,677 | $134,633,592 |
| FY2018 | $36,905,524 | $33,377,852 | $134,725,048 |
| FY2017 | $34,555,867 | $34,183,785 | $127,860,530 |
| FY2016 | $39,426,056 | $30,030,115 | $118,952,881 |
| FY2015 | $29,242,821 | $27,683,551 | $118,520,318 |
| FY2014 | $30,005,799 | $25,702,102 | $118,791,156 |
| FY2013 | $25,511,637 | $22,662,068 | $104,508,075 |
| FY2012 | $27,101,661 | $22,254,749 | $94,516,157 |
Form 990 filings
The returns filed by Houston Ballet Foundation (EIN 74-1394920), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $15,988,202 | 38% |
| Program service revenue | $17,923,644 | 43% |
| Other revenue | $8,045,460 | 19% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $34,603,361 | 82% |
| Management & general | $2,883,458 | 7% |
| Fundraising | $4,467,043 | 11% |
What the numbers show
- Program service revenue made up 43% of total revenue in FY2025.
- Program services accounted for 82% of functional expenses, management & general 7%, and fundraising 11%.
- 82% of functional expenses went to program services in FY2025. That is higher than 59.6% of 52 Arts, Culture & Humanities organizations in TX.
- Net assets covered about 50.7 months of expenses at the end of the reporting year. That puts it in the 77th percentile among 1946 Arts, Culture & Humanities organizations in TX.
- Total revenue was higher than 99.8% of 2002 Arts, Culture & Humanities organizations in TX.
- Total revenue rose from $27,101,661 in FY2012 to $41,957,306 in FY2025. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2019).
- The highest revenue on record here is $49,258,253 in FY2022.
- Net assets grew from $94,516,157 to $177,106,558 between FY2012 and FY2025.
- Contributions and grants made up 51% of revenue in FY2012 and 38% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
To inspire a lasting love and appreciation for dance through artistic excellence, exhilarating performances, innovative choreography, and superb educational programs.
IRS status
| Ruling year | 1957 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | A630 — Arts, Culture & Humanities (in TX) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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