Nonprofit · EIN 74-1277657
HOUSTON ACADEMY OF MEDICINE
Tax-exempt · HOUSTON, TX 77030
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $11,441,338 | $9,687,275 | $1,754,063 | $62,929,042 | $3,951,193 | $58,977,849 |
| December 31, 2023 | 990 | $9,691,812 | $9,303,147 | $388,665 | $57,291,330 | $3,451,109 | $53,840,221 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $8,453,946
- Membership dues
- $64,877
- Program service revenue
- $33,776
- Investment income
- $2,913,558
- Net rental income
- $40,058
- Net gain from sales of assets
- $1,383,082
- Other revenue
- $40,058
Expenses
- Grants and similar amounts paid
- $187,303
- Compensation of officers, directors and key employees
- $569,942
- Other salaries and wages
- $2,684,890
- Salaries, compensation and benefits (total)
- $4,016,754
- Professional fundraising fees
- $0
- Legal fees
- $12,176
- Accounting fees
- $110,534
- Occupancy
- $503,098
- Travel
- $2,130
- Depreciation
- $228,859
- Program services (functional)
- $8,407,444
- Management and general (functional)
- $1,268,414
- Fundraising (functional)
- $11,417
Balance sheet and other
- Total assets, start of year
- $57,291,330
- Total assets, end of year
- $62,929,042
- Total liabilities, end of year
- $3,951,193
- Net assets, end of year
- $58,977,849
- Land, buildings and equipment
- $2,270,718
- Publicly traded securities
- $16,037,953
- Net assets without donor restrictions
- $56,244,546
- Net assets with donor restrictions
- $2,733,303
- Gross receipts
- $12,648,756
- Employees
- 38
- Volunteers
- 300
- Year formed
- 1915
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Sean J Murphy | Executive VP/CEO Officer | 20 | $167,798 | $167,798 | $33,654 |
| Doug Abel | VP Public Affairs Highest-paid employee | 14 | $58,964 | $109,672 | $32,077 |
| Katherine Prentice | TMC Library ED Officer | 40 | $164,604 | $0 | $28,026 |
| Rachel Zetino | VP Practice Management Highest-paid employee | 6 | $23,858 | $135,193 | $23,060 |
| Ahuva Terk | VP Member Services Highest-paid employee | 4 | $13,567 | $137,177 | $30,098 |
| Patricia Miller | TMC Library CFO Officer | 40 | $126,623 | $0 | $24,869 |
| Gene Horr | Controller Officer | 12 | $35,040 | $81,760 | $20,525 |
| Beatriz Varman | Head of Research & Instruction Highest-paid employee | 40 | $109,235 | $0 | $22,569 |
| John Elolf | Director of Communications Highest-paid employee | 14 | $36,591 | $67,955 | $21,880 |
| Louise H Bethea MD | President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Hattie E Henderson MD | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Brian M Bruel MD | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Eddie L Patton Jr MD | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Madhureeta Achari MD | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Kulvinder S Bajwa MD | Board Member Trustee or director | 1 | $0 | $0 | $0 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ashok Balasubramanyam MD | Board Member Trustee or director | 1 | $0 |
| Dwane G Broussard MD | Board Member Trustee or director | 1 | $0 |
| Peter Chang MD | Board Member Trustee or director | 1 | $0 |
| Victoria C Chang MD | Board Member Trustee or director | 1 | $0 |
| Daniel H Darmadi MD | Board Member Trustee or director | 1 | $0 |
| Swapan Dubey MD | Board Member Trustee or director | 1 | $0 |
| Mary S Goswitz MD | Board Member Trustee or director | 1 | $0 |
| Clare A Hawkins MD | Board Member Trustee or director | 1 | $0 |
| Robert Jackson MD | Board Member Trustee or director | 1 | $0 |
| Gurjit Kaur DO | Board Member Trustee or director | 1 | $0 |
| Felicity L Mack MD | Board Member Trustee or director | 1 | $0 |
| Sandeep Markan MD | Board Member Trustee or director | 1 | $0 |
| Stacy L Norrell MD | Board Member Trustee or director | 1 | $0 |
| Monika Patil MD | Board Member Trustee or director | 1 | $0 |
| Stephen J Spann MD | Board Member Trustee or director | 1 | $0 |
| Karan P K Sra MD | Board Member Trustee or director | 1 | $0 |
| Pavlina P Suchanova MD | Board Member Trustee or director | 1 | $0 |
| Marcel D Thompson DO | Board Member Trustee or director | 1 | $0 |
| Carlos J Vital MD | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 30 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Sean Murphy | Executive VP/CEO Officer | 20 | $163,525 | $163,525 | $33,152 |
| Katherine Prentice | TMC Library ED Officer | 40 | $158,346 | $0 | $26,625 |
| Dorothy Cobbs | TMC Library CFO Officer | 40 | $148,429 | $0 | $25,595 |
| Gene Horr | Controller Officer | 20 | $55,074 | $55,074 | $16,874 |
| Beatriz Varman | Head of Research & Instruction Highest-paid employee | 40 | $101,112 | $0 | $21,502 |
| Dwane G Broussard MD | President Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Louise H Bethea MD | Vice President Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Hattie E Henderson MD | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Brian M Bruel MD | Secretary Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Richard J Andrassy MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Ashok Balasubramanyam MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Daniel H Darmadi MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Chinelo Ikpeama Fangtang MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Sara Goel DO | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Robert E Jackson MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Yvonne Kew MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Rashmi Kudesia MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Felicity L Mack MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Ankur D Mehta DO | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Terry S Newman MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Stacy L Norrell MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Eddie L Patton Jr MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Tal Raphaeli MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Elizabeth M Rebello MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Elenita L Rosado MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Mina K Sinacori MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Kozhaya C Sokhon MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Stephen J Spann MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| George W Williams II MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
| Naveed Zafar MD | Board Member Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1133 JOHN FREEMAN BLVD, HOUSTON, TX 77030-3412
- Principal officer (990 for 2024)
- Sean J Murphy, 1515 Hermann Drive, Houston, TX 770047126
- Signed the 990
- Sean J Murphy, Executive VP/CEO
- Phone
- (713) 524-4267
- Website
- library.tmc.edu
- Return prepared by
- Blazek & Vetterling
Mission
The mission of the Houston Academy of Medicine is to support the community service, education, scientific, and charitable programs for physicians, their patients, and the community at large in Harris County.
Program accomplishments
- The Texas Medical Center Library (TMC Library) provides books, periodicals, librarian services, rare books, automated information services, and photocopying. The TMC Library was open 89 hours per week during 2024. It served 107,338 visitors.Expenses $7,474,585 · revenue $33,776
- Community health and medical projects: The Academy supports the Greater Houston community by making contributions to the John P. McGovern Museum of Health and Medical Science and providing education on a variety of health-related topics including trauma safety and bike helmets. The Academy also provides support to EMS units.Expenses $932,859 · grants $187,303
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-1277657
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B700)
- Assets (IRS master file)
- $62,929,042
- Income (IRS master file)
- $12,648,756
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $11,441,338 | $9,687,275 | $62,929,042 | IRS |
| 990 | December 2023 | $9,691,812 | $9,303,147 | $57,291,330 | XML |
| 990 | December 2022 | $9,823,746 | $9,199,545 | $50,596,349 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-1277657).
Questions about HOUSTON ACADEMY OF MEDICINE
- What is the EIN of HOUSTON ACADEMY OF MEDICINE?
- The employer identification number (EIN) of HOUSTON ACADEMY OF MEDICINE is 74-1277657.
- Is HOUSTON ACADEMY OF MEDICINE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to HOUSTON ACADEMY OF MEDICINE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOUSTON ACADEMY OF MEDICINE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOUSTON ACADEMY OF MEDICINE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOUSTON ACADEMY OF MEDICINE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HOUSTON ACADEMY OF MEDICINE?
- The 990 for the year ended December 31, 2024 names Sean J Murphy.
- Who are the officers and directors of HOUSTON ACADEMY OF MEDICINE?
- The 990 for the year ended December 31, 2024 lists 34 people; 9 received compensation from the organization, the highest $167,798 (Sean J Murphy, Executive VP/CEO).
- How much revenue does HOUSTON ACADEMY OF MEDICINE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $11,441,338, expenses of $9,687,275 and total assets of $62,929,042 at year end.
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