Form 990 for tax year 2024
Filed by CULLEN TRUST FOR THE PERFORMING ARTS.
Totals
- Total revenue
- $32,863,579
- Total expenses
- $4,753,507
- Contributions and grants received
- $0
- Grants paid
- $3,912,000
- Program service revenue
- $0
- Investment income
- $32,863,579
- Other revenue
- $0
- Total assets, end of year
- $132,390,547
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $132,390,547
- Program services expenses (Part IX)
- $3,912,000
- Management and general expenses
- $841,507
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,912,000
Program services were 82.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Cornelia Zilkha
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Carroll R Ray
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Louisa Sarofim
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Daniel Zilkha
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Chris Joseph
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Kathryn Ketelson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Cornelia C Long
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Isabel Lummis
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Rose Hochner Nelson
Trustee
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
-
$1,715,000
Toward general operating support and future campaign.
-
$400,000
Support for the 2024-2025 season and The Little Mermaid
-
Houston Grand Opera Association
$300,000
To support the production of The Sound of Music and HGO-HPB Collaboration on Public Performances
-
$300,000
Toward general operating support and to support Music Directors
-
$100,000
To support the 2024-2025 season and underwrite The Ripple, the Wave that carried me home
-
$80,000
Support: "A Midsummer Nights Dream", Opera Discovery Project, New Operas, Live Composers
-
$75,000
Support for the 2024-2025 season
-
$50,000
Support for the 2024-2025 season
-
$50,000
Supporting the Rising Jazz concert series; DaCamera at the Eldorado
-
$50,000
Support for the 2024-2025 season
The 10 largest by cash amount. The API serves every itemized grant.
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)(3) · Performing arts · TX
-
501(c)(3) · Performing arts · TX
-
501(c)(3) · Performing arts · TX
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513159349303971
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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