Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $15,098,465

• 1g · Noncash contributions included above

  $14,588,016

• 3 · Investment income

  total $1,049,257 · unrelated business -$5,091 · excluded $1,054,348

• 5 · Royalties

  total $18,320 · excluded $18,320

• 7a · Gross sales of assets other than inventory

  securities $9,585,536

• 7b · Less cost or other basis and sales expenses

  securities $9,002,864

• 7c · Gain or loss

  securities $582,672

• 7d · Net gain or loss

  total $582,672 · unrelated business $1,233 · excluded $581,439

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $3,407,572 · program services $3,407,572

• 11c · Fees: accounting

  total $17,819 · management and general $17,819

• 11f · Fees: investment management

  total $282,116 · management and general $282,116

• 11g · Fees: other

  total $11,982 · management and general $11,982

Balance sheet

Part X, book values.

• 3 · Pledges and grants receivable

  beginning of year $1,253,018 · end of year $1,313,453

• 4 · Accounts receivable

  beginning of year $106,435 · end of year $106,435

• 10a · Land, buildings and equipment: cost or other basis

  $20

• 10c · Land, buildings and equipment, net

  beginning of year $20 · end of year $20

• 11 · Investments: publicly traded securities

  beginning of year $73,419,205 · end of year $89,370,290

• 12 · Investments: other securities

  beginning of year $13,917,999 · end of year $13,733,556

• 15 · Other assets

  beginning of year $102,432 · end of year $422,551

• 27 · Net assets without donor restrictions

  beginning of year $12,062,374 · end of year $13,465,645

• 28 · Net assets with donor restrictions

  beginning of year $76,736,735 · end of year $91,480,660

The filer's explanations (Part III)

Part I, Line 3

The CEO/General Director's compensation is determined by the Management Evaluation and Development Committee of the Houston Grand Opera Association's Board of Directors.