The Hobby Center Foundation
800 Bagby St Ste 300, Houston, TX · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $46,189,489 | $36,719,432 | $88,313,166 |
| FY2024 | $33,985,463 | $33,260,127 | $75,306,227 |
| FY2023 | $39,846,729 | $37,971,999 | $72,305,248 |
| FY2022 | $35,132,729 | $31,738,897 | $66,627,047 |
| FY2021 | $8,249,942 | $7,631,368 | $63,924,166 |
| FY2020 | $16,522,209 | $19,931,042 | $63,523,933 |
| FY2019 | $11,384,445 | $10,882,281 | $67,812,077 |
| FY2018 | $11,024,881 | $9,927,665 | $67,045,746 |
| FY2017 | $9,783,593 | $9,037,434 | $64,654,332 |
| FY2016 | $10,004,002 | $8,570,508 | $64,051,147 |
| FY2015 | $8,657,323 | $7,931,669 | $62,360,856 |
| FY2014 | $7,410,658 | $7,740,129 | $61,331,827 |
| FY2013 | $7,257,845 | $7,278,200 | $61,382,988 |
| FY2012 | $6,686,148 | $7,483,880 | $61,028,645 |
Form 990 filings
The returns filed by The Hobby Center Foundation (EIN 76-0428914), 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 | $11,375,656 | 25% |
| Program service revenue | $31,491,178 | 68% |
| Other revenue | $3,322,655 | 7% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $31,656,550 | 86% |
| Management & general | $4,121,714 | 11% |
| Fundraising | $941,168 | 3% |
What the numbers show
- Program service revenue made up 68% of total revenue in FY2025.
- Program services accounted for 86% of functional expenses, management & general 11%, and fundraising 3%.
- 86% of functional expenses went to program services in FY2025. That is higher than 65.4% of 52 Arts, Culture & Humanities organizations in TX.
- Net assets covered about 28.9 months of expenses at the end of the reporting year. That puts it in the 67th 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 $6,686,148 in FY2012 to $46,189,489 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2012, FY2013, FY2014, FY2020).
- Net assets grew from $61,028,645 to $88,313,166 between FY2012 and FY2025.
- Contributions and grants made up 16% of revenue in FY2012 and 25% 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
Presenting performing arts and educational programs at The Hobby Center for the Performing Arts
IRS status
| Ruling year | 1994 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | A116 — Arts, Culture & Humanities (in TX) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Houston Museum of Natural Science — Houston, TX · $48,430,467
- Medal of Honor Museum Foundation — Arlington, TX · $43,221,323
- Houston Ballet Foundation — Houston, TX · $41,957,306
- Hope Media Group — New Caney, TX · $40,083,526
- Menil Foundation Inc — Houston, TX · $37,261,644
- Alley Theatre — Houston, TX · $36,296,052
- Kimbell Art Foundation — Fort Worth, TX · $59,907,174
- Woodlands Center for the Performing Arts — The Woodlands, TX · $60,175,692
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.