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Nonprofit · EIN 76-0038314

HOUSTON GRAND OPERA ENDOWMENT INC

Also known as THE NORTHERN TRUST COMPANY

Tax-exempt · HOUSTON, TX 77002

Financials

$16.7M$3.7M2022$8M$4M2023$30.7M$4.8M2024
Revenue Expenses · by fiscal year end
Financials of HOUSTON GRAND OPERA ENDOWMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$30,670,826$4,815,369$25,855,457$147,806,851$0$147,806,851
July 31, 2024990$8,016,852$4,015,494$4,001,358$120,594,660$118,258$120,476,402
July 31, 2023990$16,748,714$3,719,489$13,029,225$104,946,305$0$104,946,305
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$23,033,543
Program service revenue
$0
Investment income
$7,591,139
Royalties
$46,144
Net gain from sales of assets
$5,029,856
Other revenue
$46,144

Expenses

Grants and similar amounts paid
$4,226,447
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$12,076
Program services (functional)
$4,226,447
Management and general (functional)
$588,922

Balance sheet and other

Total assets, start of year
$120,594,660
Total assets, end of year
$147,806,851
Total liabilities, end of year
$0
Net assets, end of year
$147,806,851
Land, buildings and equipment
$20
Publicly traded securities
$119,219,116
Net assets without donor restrictions
$14,321,896
Net assets with donor restrictions
$133,484,955
Gross unrelated business income
-$46,672
Gross receipts
$39,965,870
Employees
0
Volunteers
11
Year formed
1982
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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Khori DastoorHGO CEO & General Director
Trustee or director, Officer
5$0$491,561$28,127
Marianne KahChair
Trustee or director, Officer
2$0$0$0
Yolanda KnullSenior Chair
Trustee or director, Officer
1$0$0$0
Tom RushingChair Emeritus
Trustee or director, Officer
1$0$0$0
Mark PoagVice Chair
Trustee or director, Officer
1$0$0$0
Terrylin NealeSecretary, Treasurer
Trustee or director, Officer
2$0$0$0
Tom AjamieTrustee
Trustee or director
1$0$0$0
Carolyn GalfioneTrustee
Trustee or director
1$0$0$0
Richard HusseiniTrustee
Trustee or director
1$0$0$0
Stephen KaufmanTrustee
Trustee or director
1$0$0$0
Claire LiuTrustee
Trustee or director
2$0$0$0
Scott WiseTrustee
Trustee or director
1$0$0$0
990 for the year ended July 31, 2024: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Khori DastoorHGO CEO & General Director
Trustee or director, Officer
1$0$466,074$10,729
Marianne KahChair
Trustee or director, Officer
1$0$0$0
Yolanda KnullSenior Chair
Trustee or director, Officer
1$0$0$0
Tom RushingChair Emeritus
Trustee or director, Officer
1$0$0$0
Mark PoagVice Chair
Trustee or director, Officer
1$0$0$0
Terrylin NealeSecretary, Treasurer
Trustee or director, Officer
1$0$0$0
Tom AjamieTrustee
Trustee or director
1$0$0$0
Janet CarrigTrustee
Trustee or director
1$0$0$0
Carolyn GalfioneTrustee
Trustee or director
1$0$0$0
Richard HusseiniTrustee
Trustee or director
1$0$0$0
Stephen KaufmanTrustee
Trustee or director
1$0$0$0
Claire LiuTrustee
Trustee or director
1$0$0$0
Scott WiseTrustee
Trustee or director
1$0$0$0
990 for the year ended July 31, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Khori DastoorHGO CEO & General Director
Trustee or director, Officer
5$0$452,420$2,876
Yolanda KnullChair
Trustee or director, Officer
1$0$0$0
Tom RushingSenior Chair
Trustee or director, Officer
1$0$0$0
Janet CarrigChair Emeritus
Trustee or director, Officer
1$0$0$0
Marianne KahVice Chair
Trustee or director, Officer
1$0$0$0
Terrylin NealeSecretary, Treasurer
Trustee or director, Officer
1$0$0$0
Tom AjamieTrustee
Trustee or director
1$0$0$0
Richard HusseiniTrustee
Trustee or director
1$0$0$0
Stephen KaufmanTrustee
Trustee or director
1$0$0$0
Claire LiuTrustee
Trustee or director
1$0$0$0
Mark PoagTrustee
Trustee or director
1$0$0$0
Scott WiseTrustee
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
510 PRESTON ST, HOUSTON, TX 77002-1504
Principal officer (990 for 2024)
Marianne Kah, 510 Preston, Houston, TX 770021504
Signed the 990
Elizabeth Greer, CFO
Phone
(713) 546-0258
Return prepared by
Blazek & Vetterling

Mission

This organization accepts, receives, holds, and invests endowment funds for the benefit of Houston Grand Opera Association of Houston, Texas.

990 for the year ended July 31, 2025

Program accomplishments

  • This organization accepts, receives, holds, and invests endowment funds for the benefit of Houston Grand Opera Association of Houston, Texas.
    Expenses $4,226,447 · grants $4,226,447

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
76-0038314
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1983
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$147,806,851
Income (IRS master file)
$39,965,870

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$30,670,826$4,815,369$147,806,851XML
990-TJuly 2025–––IRS
990July 2024$8,016,852$4,015,494$120,594,660XML
990-TJuly 2024–––IRS
990July 2023$16,748,714$3,719,489$104,946,305XML
990-TJuly 2023–––IRS
990July 2022$5,091,198$3,386,633$88,799,109IRS
990-TJuly 2022–––IRS
990July 2021–––IRS
990-TJuly 2021–––IRS
990July 2020–––IRS
990July 2019–––IRS
990July 2018–––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 76-0038314).

Questions about HOUSTON GRAND OPERA ENDOWMENT INC

What is the EIN of HOUSTON GRAND OPERA ENDOWMENT INC?
The employer identification number (EIN) of HOUSTON GRAND OPERA ENDOWMENT INC is 76-0038314.
Is HOUSTON GRAND OPERA ENDOWMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to HOUSTON GRAND OPERA ENDOWMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does HOUSTON GRAND OPERA ENDOWMENT INC 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 GRAND OPERA ENDOWMENT INC due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOUSTON GRAND OPERA ENDOWMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of HOUSTON GRAND OPERA ENDOWMENT INC?
The 990 for the year ended July 31, 2025 names Marianne Kah.
Who are the officers and directors of HOUSTON GRAND OPERA ENDOWMENT INC?
The 990 for the year ended July 31, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does HOUSTON GRAND OPERA ENDOWMENT INC have?
On its 990 for the year ended July 31, 2025 it reported revenue of $30,670,826, expenses of $4,815,369 and total assets of $147,806,851 at year end.

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