Nonprofit · EIN 76-0509062
VIRTUOSI OF HOUSTON
Tax-exempt · HOUSTON, TX 77024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $163,685 | $200,118 | -$36,433 | $98,352 | $79,274 | $19,078 |
| June 30, 2023 | 990 | $187,972 | $226,669 | -$38,697 | $120,792 | $65,281 | $55,511 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $74,914
- Membership dues
- $4,030
- Program service revenue
- $69,084
- Investment income
- $155
- Net rental income
- $6,675
- Net income from fundraising events
- $12,857
- Other revenue
- $19,532
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $65,809
- Salaries, compensation and benefits (total)
- $81,971
- Professional fundraising fees
- $0
- Accounting fees
- $4,720
- Travel
- $32
- Program services (functional)
- $157,881
- Management and general (functional)
- $42,237
Balance sheet and other
- Total assets, start of year
- $120,792
- Total assets, end of year
- $98,352
- Total liabilities, end of year
- $79,274
- Net assets, end of year
- $19,078
- Net assets without donor restrictions
- $19,078
- Gross receipts
- $172,106
- Employees
- 1
- Volunteers
- 120
- Year formed
- 1997
- 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 June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN NEEDHAM | EXECUTIVE DIRECTOR Officer | 40 | $65,808 |
| SUSAN P DEBAKEY | PRESIDENT Trustee or director, Officer | 5 | $0 |
| KAREN REDDING | TREASURER Trustee or director, Officer | 5 | $0 |
| VIRGINIA PARRAS | SECRETARY Trustee or director, Officer | 5 | $0 |
| JANYE ANDERSON | DIRECTOR Trustee or director | 1 | $0 |
| MONZER HOURANI | DIRECTOR Trustee or director | 1 | $0 |
| ELINA HTUN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN NEEDHAM | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $65,808 |
| SUSAN P DEBAKEY | PRESIDENT Trustee or director, Officer | 5 | $0 |
| KAREN REDDING | TREASURER Trustee or director, Officer | 5 | $0 |
| JILL MAZUR | SECRETARY Trustee or director, Officer | 5 | $0 |
| AMY BIRDWELL | DIRECTOR Trustee or director | 5 | $0 |
| MONZER HOURANI | DIRECTOR Trustee or director | 1 | $0 |
| ELINA HTUN | DIRECTOR Trustee or director | 1 | $0 |
| VIRGINIA PARRAS | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 303 MEMORIAL CITY STE 303, HOUSTON, TX 77024-2679
- Principal officer (990 for 2023)
- SUSAN P DEBAKEY, 303 MEMORIAL CITY 235, HOUSTON, TX 77024
- Signed the 990
- SUSAN P DEBAKEY, PRESIDENT
- Phone
- (713) 463-0801
- Return prepared by
- WRINKLE GARDNER & COMPANY PC
Mission
VIRTUOSI OF HOUSTON WAS FORMED TO CREATE A PRE-PROFESSIONAL CLIMATE AND PERFORMANCE OPPORTUNITIES FOR HOUSTON'S MOST FOCUSED YOUNG MUSICIANS (11 18 YEARS OF AGE), REGARDLESS OF RACE, RELIGION OR FINANCIAL STATUS AND TO BRING AN EXPANDED REPERTOIRE OF CHAMBER ORCHESTRA WORKS TO HOUSTON AUDIENCES.
Program accomplishments
- THE VIRTUOSI OF HOUSTON SEASON IS COMPRISED OF THREE CHAMBER ORCHESTRA PERFORMANCES. THERE ARE A TOTAL OF 10 REHEARSALS, FIVE WEEKS PRIOR TO THE CONCERT, FOR EACH OF THE THREE CONCERTS. OUR ARTISTIC DIRECTORS AND CONDUCTORS ARE FRANZ ANTON KRAGER AND ANDRZEJ GRABIEC BOTH PROFESSORS AT THE MOORES SCHOOL OF MUSIC, UNIVERSITY OF HOUSTON, WITH MORE THAN 50 YEARS OF CONDUCTING AND PERFORMING EXPERIENCE BETWEEN THEM. WHILE ONE MAESTRO IS CONDUCTING, THE OTHER MAESTRO IS INSTRUCTING THE MUSICIANS AS THEY ARE PLAYING THE CORRECT AND IMPROVED TECHNIQUES ON FINGERING, HOLDING THE INSTRUMENT, PITCH, SOUND ETC. THIS IS THE TRUE DIFFERENCE BETWEEN OUR ORCHESTRA AND THE OTHER YOUTH ORCHESTRAS.Expenses $152,070 · revenue $58,659
- QUARTET AND SMALL ENSEMBLE PERFORMANCES WITH VENUES ATYPICAL OF LARGER PERFORMANCE GROUPS. THESE EVENTS CONSIST OF OUTREACH PERFORMANCES, WEDDINGS, FESTIVALS, DINNER PARTIES AND HOLIDAY EVENTS. THIS ASPECT OF OUR PROGRAM LENDS OPPORTUNITIES FOR OUR MUSICIANS TO EXPERIENCE THE DEMANDS OF A SMALL EMSEMBLE MUSICIAN. PROFESSIONAL COACHING IS PROVIDED TO STUDENTS IN PREPARATION FOR SUCH INTIMATE PERFORMANCES.Expenses $5,811 · revenue $17,100
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 76-0509062
- 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
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99)
- Assets (IRS master file)
- $98,352
- Income (IRS master file)
- $172,106
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $163,685 | $200,118 | $98,352 | IRS |
| 990 | June 2023 | $187,972 | $226,669 | $120,792 | XML |
| 990 | June 2022 | $379,319 | $310,137 | $167,430 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 76-0509062).
Questions about VIRTUOSI OF HOUSTON
- What is the EIN of VIRTUOSI OF HOUSTON?
- The employer identification number (EIN) of VIRTUOSI OF HOUSTON is 76-0509062.
- Is VIRTUOSI OF HOUSTON tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to VIRTUOSI OF HOUSTON tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VIRTUOSI OF HOUSTON 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 VIRTUOSI OF HOUSTON due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VIRTUOSI OF HOUSTON last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of VIRTUOSI OF HOUSTON?
- The 990 for the year ended June 30, 2024 names SUSAN P DEBAKEY.
- Who are the officers and directors of VIRTUOSI OF HOUSTON?
- The 990 for the year ended June 30, 2024 lists 7 people; 1 received compensation from the organization, the highest $65,808 (KAREN NEEDHAM, EXECUTIVE DIRECTOR).
- How much revenue does VIRTUOSI OF HOUSTON have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $163,685, expenses of $200,118 and total assets of $98,352 at year end.
Other nonprofits in HOUSTON
- VILCAP INC EIN 27-4059343 · last filed 990 for 2024
- ONE-ISAC INC EIN 46-5534726 · last filed 990 for 2025
- CENTER FOR CIVIC AND PUBLIC POLICY IMPROVEMENT EIN 45-5277952 · last filed 990 for 2025
- TEXAS LYCEUM ASSOCIATION INC EIN 75-1720024 · last filed 990 for 2024
- TOM AND CAROLYN HAMILTON FAMILY FOUNDATION EIN 76-0573521 · last filed 990-PF for 2026
- AHEPA 29 INC EIN 76-0402131 · last filed 990 for 2025
- APOLLO CHAMBER PLAYERS EIN 46-3502456 · last filed 990 for 2025
- VIGOROUS YOUNG MINDS INC EIN 81-4981437 · last filed 990 for 2025