Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $716,500

• 1c · Fundraising events

  $545,015

• 1d · Related organizations

  $3,051,552

• 1f · All other contributions, gifts and grants

  $2,254,479

• 1g · Noncash contributions included above

  $96,362

• 2a · Program service revenue: Tea Room

  total $4,612,529 · related or exempt $2,657,585 · unrelated business $1,954,944

• 3 · Investment income

  total $231,364 · excluded $231,364

• 7a · Gross sales of assets other than inventory

  securities $2,347,857

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

  securities $2,316,137

• 7c · Gain or loss

  securities $31,720

• 7d · Net gain or loss

  total $31,720 · excluded $31,720

• 8a · Fundraising events: gross income

  $171,707

• 8a · Fundraising events: contributions included on line 1c

  $545,015

• 8b · Fundraising events: direct expenses

  $253,333

• 8c · Net income from fundraising events

  total -$81,626 · excluded -$81,626

• 11a · Other revenue: Houston News ads

  total $34,061 · unrelated business $34,061

• 11e · Other revenue, total

  $34,061

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $863,627 · program services $863,627

• 5 · Compensation of officers, directors and key employees

  total $333,642 · program services $163,276 · management and general $170,366

• 7 · Other salaries and wages

  total $1,753,898 · program services $1,557,023 · management and general $172,114 · fundraising $24,761

• 9 · Other employee benefits

  total $233,650 · program services $211,919 · management and general $20,583 · fundraising $1,148

• 10 · Payroll taxes

  total $161,330 · program services $126,788 · management and general $29,901 · fundraising $4,641

• 11b · Fees: legal

  total $6,996 · management and general $6,996

• 11c · Fees: accounting

  total $45,250 · program services $15,838 · management and general $20,642 · fundraising $8,770

• 11f · Fees: investment management

  total $18,762 · management and general $18,762

• 11g · Fees: other

  total $178,839 · program services $134,844 · management and general $43,995

• 12 · Advertising and promotion

  total $108,347 · program services $75,345 · management and general $552 · fundraising $32,450

• 13 · Office expenses

  total $281,156 · program services $244,101 · management and general $20,018 · fundraising $17,037

• 14 · Information technology

  total $58,005 · program services $47,475 · management and general $10,530

• 16 · Occupancy

  total $682,489 · program services $550,007 · management and general $132,482

• 17 · Travel

  total $1,300 · program services $1,300

• 19 · Conferences, conventions and meetings

  total $34,753 · program services $33,278 · management and general $1,475

• 21 · Payments to affiliates

  total $122,857 · program services $122,857

• 22 · Depreciation, depletion and amortization

  total $600,237 · program services $552,218 · management and general $48,019

• 23 · Insurance

  total $166,454 · program services $144,159 · management and general $22,295

• 24a · Other expenses: Tea Room food/beverage

  total $947,743 · program services $925,671 · management and general $22,072

• 24b · Other expenses: Linens & laundry

  total $204,234 · program services $204,234

• 24c · Other expenses: Bank & credit card fees

  total $177,776 · management and general $177,776

• 24d · Other expenses: Donor recognition/other

  total $44,587 · program services $27,176 · fundraising $17,411

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $702,882 · end of year $760,959

• 2 · Savings and temporary cash investments

  beginning of year $624,722 · end of year $534,477

• 3 · Pledges and grants receivable

  beginning of year $107,851 · end of year $805,360

• 4 · Accounts receivable

  beginning of year $255,527 · end of year $166,379

• 8 · Inventories for sale or use

  beginning of year $60,926 · end of year $47,544

• 9 · Prepaid expenses and deferred charges

  beginning of year $34,205 · end of year $39,000

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

  $24,074,563

• 10b · Land, buildings and equipment: accumulated depreciation

  $9,265,820

• 10c · Land, buildings and equipment, net

  beginning of year $11,974,142 · end of year $14,808,743

• 11 · Investments: publicly traded securities

  beginning of year $6,837,255 · end of year $7,249,675

• 15 · Other assets

  beginning of year $553,518 · end of year $551,552

• 17 · Accounts payable and accrued expenses

  beginning of year $484,829 · end of year $546,901

• 18 · Grants payable

  beginning of year $1,817,252 · end of year $1,389,891

• 19 · Deferred revenue

  beginning of year $513,918 · end of year $512,085

• 25 · Other liabilities

  beginning of year $268,235 · end of year $407,728

• 27 · Net assets without donor restrictions

  beginning of year $17,937,852 · end of year $21,316,255

• 28 · Net assets with donor restrictions

  beginning of year $128,942 · end of year $790,829

The filer's explanations (Part III)

Part I, Line 5

The Tea Room General Manager and Tea Room Assistant Manager receive a portion of the service charge collected via Tea Room revenues.