Form 990 for tax year 2023
Filed by SOCIETY FOR THE PERFORMING ARTS FOUNDATION.
Totals
- Total revenue
- $1,348,264
- Total expenses
- $337,589
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $1,348,264
- Other revenue
- $0
- Total assets, end of year
- $7,182,060
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $7,182,060
- Program services expenses (Part IX)
- $294,500
- Management and general expenses
- $43,089
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $294,500
Program services were 87.2% 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.
-
3 · Investment income
total $161,835 · excluded $161,835
-
7a · Gross sales of assets other than inventory
securities $3,378,652
-
7b · Less cost or other basis and sales expenses
securities $2,192,223
-
7c · Gain or loss
securities $1,186,429
-
7d · Net gain or loss
total $1,186,429 · excluded $1,186,429
Functional expenses
Part IX, the statement of functional expenses.
-
11f · Fees: investment management
total $43,089 · management and general $43,089
-
24a · Other expenses: GRANT TO RELATED PARTY
total $294,500 · program services $294,500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $384,716 · end of year $194,982
-
12 · Investments: other securities
beginning of year $6,270,569 · end of year $6,987,078
-
27 · Net assets without donor restrictions
beginning of year $6,181,596 · end of year $6,672,320
-
28 · Net assets with donor restrictions
beginning of year $473,689 · end of year $509,740
Mission and programs · 2023
Mission
SUPPORTING FOUNDATION.THIS FOUNDATION SERVES TO PROVIDE SUPPORT FOR PERFORMING ARTS HOUSTON.
Activities or mission (Part I)
SUPPORTING FOUNDATION. THIS FOUNDATION SERVES TO PROVIDE SUPPORT FOR PERFORMING ARTS HOUSTON.
-
PROVIDING FINANCIAL SUPPORT TO PERFORMING ARTS HOUSTON.
Expenses $294,500
As filed on the 2023 return.
Listed in Part VII
-
Jesse H Jones IIJESSE H JONES II
PRESIDENT/TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert B Tudor IIIROBERT B TUDOR III
VICE PRESIDENT/SECRETARY/T
- Total calculated
- $0
- Hours/week
- 1
-
Willie Cw ChiangWILLIE CW CHIANG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Charles D DavidsonCHARLES D DAVIDSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Theresa A EinhornTHERESA A EINHORN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Melanie GrayMELANIE GRAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
James J PostlJAMES J POSTL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephen M TrauberSTEPHEN M TRAUBER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Marcus A WattsMARCUS A WATTS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
G Mark JodonG MARK JODON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Meg BoothMEG BOOTH
CEO - PERFORMING ARTS HOUS
- Total calculated
- $301,355
- From this org
- $0
- From related orgs
- $285,000
- Other
- $16,355
- Hours/week
- 1 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $260,000 related
- Bonus
- $0 + $25,000 related
- Other
- $0
- Deferred
- $0 + $15,825 related
- Nontaxable benefits
- $0 + $530 related
- Filer's total
- $0 + $301,355 related
-
Leslie NelsonLESLIE NELSON
CFO - PERFORMING ARTS HOUS
- Total calculated
- $234,893
- From this org
- $0
- From related orgs
- $207,060
- Other
- $27,833
- Hours/week
- 1 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $207,060 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $16,565 related
- Nontaxable benefits
- $0 + $11,268 related
- Filer's total
- $0 + $234,893 related
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
None.
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
No itemized grants to organizations on this return.
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) · ARTS PRESENTER · TX
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 9 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511299349303816
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