Totals
- Total revenue
- $37,261,644
- Total expenses
- $31,282,405
- Contributions and grants received
- $12,370,839
- Grants paid
- $50,000
- Program service revenue
- $3,044,838
- Investment income
- $21,892,455
- Other revenue
- -$46,488
- Total assets, end of year
- $527,697,861
- Total liabilities, end of year
- $2,229,947
- Net assets or fund balances, end of year
- $525,467,914
- Program services expenses (Part IX)
- $21,279,953
- Management and general expenses
- $8,640,634
- Fundraising expenses
- $1,361,818
- Program service expenses (Part III)
- $21,279,953
Program services were 68.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$1,072,298
-
1c · Fundraising events
$219,717
-
1f · All other contributions, gifts and grants
$11,078,824
-
1g · Noncash contributions included above
$3,416,578
-
2a · Program service revenue: Program rental income
total $2,347,827 · related or exempt $2,347,827
-
2b · Program service revenue: Exhibition fees
total $351,750 · related or exempt $351,750
-
2c · Program service revenue: Other program fees
total $240,560 · related or exempt $240,560
-
2d · Program service revenue: Membership dues
total $74,970 · related or exempt $74,970
-
2e · Program service revenue: Royalties
total $29,731 · related or exempt $29,731
-
3 · Investment income
total $9,718,623 · unrelated business $745,601 · excluded $8,973,022
-
7a · Gross sales of assets other than inventory
securities $149,940,796
-
7b · Less cost or other basis and sales expenses
securities $137,766,964
-
7c · Gain or loss
securities $12,173,832
-
7d · Net gain or loss
total $12,173,832 · unrelated business -$18,158 · excluded $12,191,990
-
8a · Fundraising events: gross income
$42,000
-
8a · Fundraising events: contributions included on line 1c
$219,717
-
8b · Fundraising events: direct expenses
$108,327
-
8c · Net income from fundraising events
total -$66,327 · excluded -$66,327
-
10a · Gross sales of inventory
$317,475
-
10b · Cost of goods sold
$297,636
-
10c · Net income from sales of inventory
total $19,839 · related or exempt $19,696 · unrelated business $143
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $50,000 · program services $50,000
-
5 · Compensation of officers, directors and key employees
total $682,287 · program services $569,287 · management and general $113,000
-
7 · Other salaries and wages
total $9,324,139 · program services $6,563,186 · management and general $1,871,704 · fundraising $889,249
-
8 · Pension plan contributions
total $416,592 · program services $318,841 · management and general $62,424 · fundraising $35,327
-
9 · Other employee benefits
total $1,579,016 · program services $1,229,041 · management and general $224,183 · fundraising $125,792
-
10 · Payroll taxes
total $721,050 · program services $531,650 · management and general $123,845 · fundraising $65,555
-
11b · Fees: legal
total $68,529 · management and general $68,529
-
11c · Fees: accounting
total $106,065 · management and general $106,065
-
11e · Fees: professional fundraising services
total $11,625 · fundraising $11,625
-
11f · Fees: investment management
total $927,413 · management and general $927,413
-
11g · Fees: other
total $674,486 · program services $571,599 · management and general $97,601 · fundraising $5,286
-
12 · Advertising and promotion
total $100,313 · program services $91,868 · management and general $8,445
-
13 · Office expenses
total $657,911 · program services $545,266 · management and general $79,090 · fundraising $33,555
-
14 · Information technology
total $284,864 · program services $214,009 · management and general $24,604 · fundraising $46,251
-
16 · Occupancy
total $2,835,991 · program services $2,672,580 · management and general $85,276 · fundraising $78,135
-
17 · Travel
total $206,330 · program services $148,303 · management and general $50,617 · fundraising $7,410
-
20 · Interest
total $122,021 · program services $122,021
-
22 · Depreciation, depletion and amortization
total $4,005,005 · program services $65,669 · management and general $3,937,502 · fundraising $1,834
-
23 · Insurance
total $628,355 · program services $6,120 · management and general $621,986 · fundraising $249
-
24a · Other expenses: Cost of collections
total $2,902,159 · program services $2,902,159
-
24b · Other expenses: Exhibition expenses
total $2,467,096 · program services $2,467,096
-
24c · Other expenses: Program rental expenses
total $1,891,569 · program services $1,891,569
-
24d · Other expenses: Federal income tax
total $149,690 · management and general $149,690
-
24e · All other expenses
total $469,899 · program services $319,689 · management and general $88,660 · fundraising $61,550
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $4,913,069 · end of year $10,738,859
-
3 · Pledges and grants receivable
beginning of year $2,779,641 · end of year $3,870,000
-
4 · Accounts receivable
beginning of year $1,718,415 · end of year $440,280
-
8 · Inventories for sale or use
beginning of year $171,314 · end of year $176,496
-
9 · Prepaid expenses and deferred charges
beginning of year $1,231,138 · end of year $1,631,479
-
10a · Land, buildings and equipment: cost or other basis
$179,612,058
-
10b · Land, buildings and equipment: accumulated depreciation
$79,673,620
-
10c · Land, buildings and equipment, net
beginning of year $99,343,783 · end of year $99,938,438
-
11 · Investments: publicly traded securities
beginning of year $249,198,377 · end of year $253,599,877
-
12 · Investments: other securities
beginning of year $147,478,419 · end of year $157,146,449
-
15 · Other assets
beginning of year $136,706 · end of year $155,983
-
17 · Accounts payable and accrued expenses
beginning of year $2,582,489 · end of year $2,229,947
-
27 · Net assets without donor restrictions
beginning of year $218,502,468 · end of year $228,296,352
-
28 · Net assets with donor restrictions
beginning of year $285,885,905 · end of year $297,171,562
Mission and programs · 2024
Mission
The Menil Collection ("The Menil") is committed to its founders' belief that art is essential to human experience. The Menil fosters direct personal encounters with art, and welcomes all visitors free of charge to its museum buildings and surrounding green spaces.
Activities or mission (Part I)
The Menil Foundation, Inc. supports the Menil Collection, an art museum set in a residential Houston neighborhood. The museum welcomes all visitors free of charge to its art buildings, programs, and green spaces.
-
Exhibitions, art displays, and neighborhood enhancement: The Menil Collection regularly rotates displays of its permanent collection and organizes loan exhibitions, primarily in the main museum building and in the Menil Drawing Institute. The Menil's thirty-acre campus includes three other art buildings - Cy Twombly Gallery, the Dan Flavin Installation at Richmond Hall, and the Fresco Building along with bungalows serving as staff offices, and a bookstore. The Menil Foundation rents out a number of properties in the neighborhood, including some to other non-profits at discounted rates, and maintains a significant amount of green space, which contributes to the unique vitality of the Menil neighborhood. (Continued on Schedule O)Additionally the Foundation maintains the historic Menil House, the former residence of the museum's founders, which is located in a nearby neighborhood, and serves as the site for museum functions.
Expenses $9,556,869 · Revenue $2,699,577
-
Curatorial and collections - The Menil cares for more than 17,000 works of art in its permanent collection spanning the prehistoric to the present day. The museum's holdings comprise four primary areas of focus: artifacts and objects from the civilizations of the ancient Mediterranean, Egypt, and the Near East; medieval and Byzantine art, objects, and icon paintings; the arts of Africa, the Pacific Islands, and the Americas and the American Pacific Northwest; and modern and contemporary paintings, sculptures, drawings and works on paper, photography, and installations, with concentrations in Surrealism, Abstract Expressionism, Pop Art, and Minimalism.
Expenses $9,044,126 · Revenue $240,560
-
Education and public programs - Each year the Menil presents a variety of free educational programs and events, including artist and curator lectures, panel discussions and book readings, musical performances, and film screenings. Since 1989, the Menil and the non-profit Writers in the Schools have collaborated to offer an experiential arts education program that introduces young students to fine arts and creative writing.
Expenses $1,997,134 · Grants $50,000 · Revenue $49,427
-
Membership - The Menil Collection offers three categories of membership, each with a unique focus and benefits. In addition to general memberships, the museum's Menil Contemporaries program is a membership group for emerging patrons, collectors, and art enthusiasts who share a common passion for the Menil Collection. The Menil Society is a group of committed patrons who enjoy a strong relationship with the Menil. Members are dedicated to fostering deeper engagement with the museum, its mission, and its world-renowned collection by generously supporting exhibitions, programming, and the museum's annual fund.
Expenses $681,824 · Revenue $74,970
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Louisa Stude Sarofim
Chair Emerita
- Total calculated
- $0
- Hours/week
- 1
-
Janet M Hobby
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Doug L Lawing
President
- Total calculated
- $0
- Hours/week
- 1
-
Leslie Elkins Sasser
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
James W Stewart Jr
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Eddie R Allen III
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Nancy Abendshein
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Suzanne Deal Booth
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Hilda Curran
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl Finley
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Aziz Friedrich
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Glassman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Barbara Goot-Gamson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Cecily Horton
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
George Kelly
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Dillon Kyle
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Alison Leland
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Isabel Lummis
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Francois de Menil
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Clemence Molin
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Franci Neely
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Anaeze Offodile
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
David Ruiz
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mark Wawro
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca Rabinow
Director
- Total calculated
- $625,256
- From this org
- $583,140
- From related orgs
- $0
- Other
- $42,116
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $582,640
- Bonus
- $500
- Other
- $0
- Deferred
- $17,946
- Nontaxable benefits
- $24,170
- Filer's total
- $625,256
-
Matthew Assiff
CFO
- Total calculated
- $263,000
- From this org
- $263,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 38 + 2 related
Schedule J breakdown matched by us
- Base
- $262,500
- Bonus
- $500
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $263,000
-
Wesley Haines
Director of Facilities
- Total calculated
- $207,438
- From this org
- $178,841
- From related orgs
- $0
- Other
- $28,597
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $178,341
- Bonus
- $500
- Other
- $0
- Deferred
- $8,942
- Nontaxable benefits
- $19,655
- Filer's total
- $207,438
-
Edouard Kopp
Chief Curator, MDI
- Total calculated
- $223,313
- From this org
- $189,660
- From related orgs
- $0
- Other
- $33,653
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $189,160
- Bonus
- $500
- Other
- $0
- Deferred
- $9,483
- Nontaxable benefits
- $24,170
- Filer's total
- $223,313
-
Suzanne Maloch
Director of Human Resource
- Total calculated
- $222,823
- From this org
- $189,193
- From related orgs
- $0
- Other
- $33,630
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $188,693
- Bonus
- $500
- Other
- $0
- Deferred
- $9,460
- Nontaxable benefits
- $24,170
- Filer's total
- $222,823
-
Corina Rogge
Director of Conservation
- Total calculated
- $173,969
- From this org
- $157,616
- From related orgs
- $0
- Other
- $16,353
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $157,116
- Bonus
- $500
- Other
- $0
- Deferred
- $7,881
- Nontaxable benefits
- $8,472
- Filer's total
- $173,969
-
Judy Waters
Director of Advancement
- Total calculated
- $213,372
- From this org
- $195,143
- From related orgs
- $0
- Other
- $18,229
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $194,643
- Bonus
- $500
- Other
- $0
- Deferred
- $9,757
- Nontaxable benefits
- $8,472
- Filer's total
- $213,372
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$50,000
Support of educational activities
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(2) · Owned/operated neighborhood apartments · TX · controlled entity
Directly controlled by Menil Foundation Inc
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
Lancaster South LLC
Hold Investment for the benefit of Menil Foundation · TX · income -$1,692,713 · assets $8,655,744
Directly controlled by Menil Foundation Inc
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 1 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202621219349301872
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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