From public IRS filings
THE HOBBY CENTER FOUNDATION
HOUSTON, TX · Arts, Culture & Humanities
Mission
Presenting performing arts and educational programs at The Hobby Center for the Performing Arts
Financials (IRS Form 990)
Total revenue
$34M
Total expenses
$33.3M
Total assets
$85.5M
Program expense ratio
87%
Source: IRS Form 990, tax year 2023.
Who funds THE HOBBY CENTER FOUNDATION
$7.7M in foundation grants on record from 29 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Sarofim Foundation | $5M | 1 |
| Houston Arts Alliance | $728K | 1 |
| Stanley E Fulton Family Foundation | $600K | 1 |
| Elkins Foundation | $450K | 3 |
| Fidelity Investments Charitable Gift Fund | $191K | 4 |
| Hg Ash Foundation | $124K | 4 |
| Hobby Family Foundation | $105K | 2 |
| Greater Houston Community Foundation | $82K | 3 |
| National Philanthropic Trust | $72K | 4 |
| Donor Advised Charitable Giving | $69K | 4 |
Leadership
Mark Folkes — President & CEO (Principal officer)
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