Young Audiences Inc of Houston

Nonprofit profile at a glance

EIN
746082602
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Houston, TX, USA
Phone
7135209264
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$1,684,658
Expenses
$928,855
Assets
$4,476,898
Liabilities
$6,400

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • W Wells McGee (President)
  • Sanvita Sample (Vice President)

People named in this filing

  • W Wells McGee (President)
  • Katherine Veletsos (Chairman)
  • Sanvita Sample (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of Young Audiences of Houston is to educate and inspire children through the arts, to make the arts an integral part of the school curriculum, and to advance the field of arts in education through professional development and community partnerships.

What it reported doing in 2024

HEALING ARTS PROGRAMS: For more than 35 years our organization has partnered with local children's hospitals and specialized treatment centers serving children to provide free Young Audiences of Houston programming for children undergoing treatment. The goal of Young Audiences of Houston's Healing arts programming is to use the tremendous power of the arts to spread joy, give hope, manage pain, support treatment, and leave positive memories for hospitalized children and their caregivers. In addition, many hospitalized children are required to be out of school for extended periods of time. Young Audiences' Healing Arts programs also serve homeless youth facing challenges and tackling issues; the arts become a valuable tool for creation, discovery, expression, hope, and healing. DISCOVERY ARTS PROGRAMS were introduced in response to the community's need for specialized art programming for children with learning differences and/or physical disabilities, such as those associated with Autism, ADHD, Down syndrome, and cerebral palsy, among other causes. Young Audiences of Houston aligns program content with Social and Emotional Learning (SEL) academic standards, exposing youth to a vast array of tailored, therapeutic arts experiences that develop skills in the five Core SEL Competencies: Self-Awareness, Self-Management, Social Awareness, Relationship Skills, and Responsible Decision Making.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 92
  • Accountability: 82
  • Sustainability: 86
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55%; rating input score 55
  • Program expense ratio: 93.5%; rating input score 93
  • Fundraising efficiency: $662.55 raised per $1 spent on fundraising; rating input score 97; 97th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 44.9%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 4.82; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 10% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 14.4% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 17.5% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 55% of revenue deployed · 93.5% of spending went to programs
  • Governance: 14 of 14 board members independent · 4 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $868K in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Highest-paid contractors: 1 contractor listed · $159K reported
  • Consistency: 41 of 41 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.