Nonprofit · EIN 74-2060976
CULLEN TRUST FOR THE PERFORMING ARTS
Tax-exempt · HOUSTON, TX 77027
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $32,863,579 | $4,753,507 | $28,110,072 | $132,390,547 | $0 | $132,390,547 |
| December 31, 2023 | 990 | $9,784,297 | $4,867,637 | $4,916,660 | $104,280,475 | $0 | $104,280,475 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $32,863,579
- Net gain from sales of assets
- $29,008,432
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,912,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $13,450
- Program services (functional)
- $3,912,000
- Management and general (functional)
- $841,507
Balance sheet and other
- Total assets, start of year
- $104,280,475
- Total assets, end of year
- $132,390,547
- Total liabilities, end of year
- $0
- Net assets, end of year
- $132,390,547
- Publicly traded securities
- $122,389,271
- Net assets without donor restrictions
- $132,390,547
- Gross receipts
- $53,678,006
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1979
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cornelia Zilkha | Chair Trustee or director, Officer | 1 | $0 |
| Carroll R Ray | Vice Chair Trustee or director, Officer | 1 | $0 |
| Louisa Sarofim | Secretary Trustee or director, Officer | 1 | $0 |
| Daniel Zilkha | Treasurer Trustee or director, Officer | 1 | $0 |
| Chris Joseph | Trustee Trustee or director | 1 | $0 |
| Kathryn Ketelson | Trustee Trustee or director | 1 | $0 |
| Cornelia C Long | Trustee Trustee or director | 1 | $0 |
| Isabel Lummis | Trustee Trustee or director | 1 | $0 |
| Rose Hochner Nelson | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cornelia Zilkha | Chair Trustee or director, Officer | 1 | $0 |
| Carroll R Ray | Vice Chair Trustee or director, Officer | 1 | $0 |
| Louisa Sarofim | Secretary Trustee or director, Officer | 1 | $0 |
| Daniel Zilkha | Treasurer Trustee or director, Officer | 1 | $0 |
| Chris Joseph | Trustee Trustee or director | 1 | $0 |
| Cornelia C Long | Trustee Trustee or director | 1 | $0 |
| Isabel Lummis | Trustee Trustee or director | 1 | $0 |
| Rose Hochner Nelson | Trustee Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 515 POST OAK BLVD 1000, HOUSTON, TX 77027-9482
- In care of
- % ROBERT M HOPSON VINSON & ELKINS
- Principal officer (990 for 2024)
- Cornelia Zilkha, 515 Post Oak Blvd 1000, Houston, TX 77027
- Signed the 990
- Cornelia Zilkha, Chair
- Phone
- (713) 333-2239
- Return prepared by
- Blazek & Vetterling
Mission
The Cullen Trust for the Performing Arts operates for the benefit of performing arts institutions within the State of Texas, primarily with respect to such institutions within the Greater Metropolitan Houston area.
Program accomplishments
- The Cullen Trust for the Performing Arts is a public charitable trust created as a supporting organization for the benefit of performing arts institutions in the State of Texas, primarily for institutions in the Greater Metropolitan Houston area. The Trust Agreement governing The Cullen Trust for the Performing Arts provides that each of the beneficiaries must be an organization that is described in section 501(c)(3) and is other than a private foundation within the meaning of section 509(a). In this Form 990 all section references are to sections of the Internal Revenue Code unless otherwise noted. As a matter of policy, the Trust does not make grants to organizations that are supporting organizations within the meaning of section 509(a)(3).Expenses $3,912,000 · grants $3,912,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-2060976
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A126)
- Assets (IRS master file)
- $132,390,547
- Income (IRS master file)
- $53,678,006
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $32,863,579 | $4,753,507 | $132,390,547 | XML |
| 990 | December 2023 | $9,784,297 | $4,867,637 | $104,280,475 | XML |
| 990 | December 2022 | $18,721,495 | $4,092,087 | $99,363,815 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-2060976).
Questions about CULLEN TRUST FOR THE PERFORMING ARTS
- What is the EIN of CULLEN TRUST FOR THE PERFORMING ARTS?
- The employer identification number (EIN) of CULLEN TRUST FOR THE PERFORMING ARTS is 74-2060976.
- Is CULLEN TRUST FOR THE PERFORMING ARTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to CULLEN TRUST FOR THE PERFORMING ARTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does CULLEN TRUST FOR THE PERFORMING ARTS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CULLEN TRUST FOR THE PERFORMING ARTS due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CULLEN TRUST FOR THE PERFORMING ARTS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CULLEN TRUST FOR THE PERFORMING ARTS?
- The 990 for the year ended December 31, 2024 names Cornelia Zilkha.
- Who are the officers and directors of CULLEN TRUST FOR THE PERFORMING ARTS?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does CULLEN TRUST FOR THE PERFORMING ARTS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $32,863,579, expenses of $4,753,507 and total assets of $132,390,547 at year end.
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