Virtuosi of Houston is a 501(c)(3) organization based in Houston, Texas, registered in 1997, with $163,685 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$164K
▼ 12.9% vs prior year
Unknown median: $232K
Expenses (FY2023)
$200K
Net assets
$19K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Virtuosi of Houston— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Virtuosi of Houston: 1 mo reserves · -22% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Virtuosi of Houston— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Virtuosi of Houston: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $357K (FY2018) to $164K (FY2023) across 6 reported years.
Financial snapshot
Operating margin
-22.3%
Spent more than it raised in the latest fiscal year.
Total assets
$98K
Total liabilities
$79K
Net assets
$19K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $163,685▼12.9% | $200,118▼11.7% | $19,078▼65.6% | $98,352▼18.6% | 990 |
| 2022 | $187,972▼50.4% | $226,669▼26.9% | $55,511▼41.1% | $120,792▼27.9% | 990 |
| 2021 | $379,319▲13.5% | $310,137▲6.7% | $94,208▲242% | $167,430▲84.2% | 990 |
| 2020 | $334,199▲8.1% | $290,607▼19.4% | $27,582▲272% | $90,911▲102% | 990 |
| 2019 | $309,235▼13.5% | $360,749▼21.4% | -$16,010▼145% | $44,917▼13.8% | 990 |
| 2018 | $357,372 | $459,221 | $35,504 | $52,138 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
8 grants to Virtuosi of Houston totaling $72K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Blackbaud Giving Fund | General support | 2022 | $7,880 |
| Greater Houston Community Foundation | This grant is in support of virtuosi's 2017 gala concert and dinner. | 2017 | $10,000 |
| Greater Houston Community Foundation | This grant is a gala commitment. | 2017 | $3,350 |
| The Chicago Community Trust | See attached. | 2016 | $10,000 |
| Greater Houston Community Foundation | This grant is partial underwriting for the march 2015 virtuosi musicians' study and performance trip to paris. | 2015 | $25,000 |
| Greater Houston Community Foundation | This grant is in honor of dr. and mrs. meherwan boyce. | 2015 | $5,000 |
| Greater Houston Community Foundation | This is a 2015 contribution, in honor of mrs. zarine m. boyce. | 2015 | $300 |
| Greater Houston Community Foundation | This grant is in support of the mothers & daughters gala concert & dinner. the donor advisor will not be attending. please note this contribution as coming from bill and sara morgan. | 2014 | $10,000 |
Explore more
Data for Virtuosi of Houston (EIN 76-0509062) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.