The Laredo Philharmonic
Nonprofit profile at a glance
- EIN
- 742169044
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990 2014, Form 990-EZ 2024
- Location
- Laredo, TX, USA
- Phone
- 9562511970
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Symphony Orchestras
Reported finances
- Revenue
- $116,520
- Expenses
- $100,452
- Assets
- $55,478
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Joe Crabtree (President)
- Anna Isabel Alvarez (Vice President)
People named in this filing
- Joe Crabtree (President)
- Anna Isabel Alvarez (Vice President)
- Elizabeth Casso (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Primary exempt purpose is to provide the highest musical performances to engage, enrich and entertain the community with a special emphasis for children and students.
What it reported doing in 2024
During the fiscal year ending September 30, 2025, the Laredo Philharmonic presented four public concerts under the leadership of conductor and artistic director Dr. Hector Aguero. The 2024-2025 season, Musical Splendor, opened on October 27, 2024 with a performance by the Laredo Philharmonic Brass Quintet featuring guest organist Dr. Colin Campbell in the themed program Phantom Fanfare. On December 8, 2024 the orchestra and the Laredo Philharmonic Chorale were joined by students from Alexander High School, the Vidal M. Trevino Magnet School, Texas A & M International University, and Laredo College for Sounds of the Season. The program included selections from Handel's Messiah and audience sing-along carols. The chamber orchestra concert Classical Gems highlighted masterworks by Mozart and Vivaldi, including Vivaldi's Concerto in F Minor "Winter" from The Four Seasons, Mozart's Eine Kleine Nachtmusik, and movements from Solemn Vespers, featuring local professional artists and educators Dana Crabtree, Celia Hernandez, Eddie Vandewalker, and Joseph Crabtree. The season concluded on May 18, 2025 with Tell Me a Story, a program featuring Lieuwen's Astral Blue, Ravel's Mother Goose Suite, and Rimsky-Korsakov's Scheherazade. In addition to its regular concert season, the orchestra's brass quintet and string quartet provided multiple educational outreach performances at local public and private elementary schools, offering students hand-on learning experiences. Dr. Aguero also conducted master classes for middle and high school students, providing expert coaching, listening skills development, and targeted technical instruction.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 100
- Sustainability: 59
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.6%; rating input score 82
- Program expense ratio: 94.7%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 13.8%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 0.55; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -7.1% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: -11% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -2.8% per year; rating input score 0; 20th percentile among comparable filings
Details
- Where the money goes: 81.6% of revenue deployed · 94.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $95K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.