2022-05-16T16:33:56-05:00 2021-06-30 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990 2020-07-01 746045327 Menil Foundation Inc MENI 7135259484 1519 Branard Street Houston TX 770064721 Ileana Del Toro CFO 7135259484 2022-05-16 1 Ileana Del Toro 999009999 Kurt Coburn P01638285 7134395739 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z Rebecca Rabinow 1519 Branard Street Houston TX 770064721 93049264 0 X www.menil.org X 1954 TX 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. 24 24 158 24 -552854 0 6546040 15599817 1799828 1733594 10136563 26042573 -85022 -33321 18397409 43342663 65789 53000 0 0 10010425 9527240 11125 0 1093051 13132673 13301522 23220012 22881762 -4822603 20460901 819808947 910076505 5384351 3569098 814424596 906507407 X The Menil Collection 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. 0 0 7533135 1549053 See Schedule OExhibitions, 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 Byzantine Fresco Chapel 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. 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. 4520596 3000 39548 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. 1184777 50000 32265 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. 466780 105480 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. 466780 105480 13705288 1 1 0 0 0 0 0 1 0 1 1 1 0 1 0 0 0 1 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 81 0 1 158 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 0 NY X X Ileana Del Toro 7135259484 1519 Branard Street Houston TX 770064721 Louisa Stude Sarofim Chair Emerita 1.00 0.00 X X 0 0 0 Janet M Hobby Chair 1.00 0.00 X X 0 0 0 Doug L Lawing President 1.00 0.00 X X 0 0 0 Mark Wawro Vice President 1.00 0.00 X X 0 0 0 George B Kelly Treasurer 1.00 0.00 X X 0 0 0 Michael Zilkha Secretary 1.00 0.00 X X 0 0 0 Nancy Abendshein Trustee 1.00 0.00 X 0 0 0 Suzanne Deal Booth Trustee 1.00 0.00 X 0 0 0 David Fitch Trustee 1.00 1.00 X 0 0 0 Aziz Friedrich Trustee 1.00 0.00 X 0 0 0 Barbara Goot-Gamson Trustee 1.00 0.00 X 0 0 0 Cecily Horton Trustee 1.00 0.00 X 0 0 0 Caroline Huber Trustee 1.00 0.00 X 0 0 0 Janie C Lee Trustee 1.00 0.00 X 0 0 0 Alison Leland Trustee 1.00 0.00 X 0 0 0 Isabel Lummus Trustee 1.00 0.00 X 0 0 0 Clemence Molin Trustee 1.00 0.00 X 0 0 0 Benedicte de Montlaur Trustee 1.00 0.00 X 0 0 0 Franci Neely Trustee 1.00 0.00 X 0 0 0 Marilyn Oshman Trustee 1.00 0.00 X 0 0 0 William E Pritchard III Trustee 1.00 0.00 X 0 0 0 David Ruiz Trustee 1.00 0.00 X 0 0 0 Anne Schlumberger Trustee 1.00 0.00 X 0 0 0 James W Stewart Jr Trustee 1.00 0.00 X 0 0 0 Rebecca Rabinow Director 40.00 0.00 X 440114 0 37965 Ileana Del Toro CFO 38.00 2.00 X 173672 0 34902 Bradford Epley Chief Conservator 35.00 0.00 X 139848 0 30595 Suzanne Maloch Director of Human Resources 35.00 0.00 X 143688 0 30852 Susan Anderson Director of Collection Management 35.00 0.00 X 116343 0 26631 Judith Waters Dir of Development 35.00 0.00 X 163907 0 31865 Edouard Kopp Chief Curator, MDI 35.00 0.00 X 161009 0 24457 1338581 0 217267 22 0 1 0 Zamore Homes LLC 1501 Laird Stree Houston TX 77008 Construction design 527375 Fayez Sarofim & Co 909 Fannin St 2907 Houston TX 77010 Investment management 206596 Prime Buchholz Consulting 273 Corporate Dr 250 Portland OR 03801 Investment management 196756 Gladstone Gallery 515 West 24th Street New York NY 10011 Exhibition services 120000 Stephens Inc 9 E Greenway Plaza 1900 Houston TX 77046 Investment management 112355 5 1052617 194086 1963180 12389934 8723262 15599817 Program rental income 900099 1512738 1512738 Membership dues 900099 105480 105480 Other program fees 900099 39548 39548 Royalties 900099 39513 39513 Exhibition fees 900099 36315 36315 1733594 5477525 -530868 6008393 70035036 49469988 20565048 20565048 -22014 20587062 22200 194086 48301 -26101 -26101 181092 188312 -7220 -7248 28 43342663 1726346 -552854 26569354 50000 50000 3000 3000 622000 441500 180500 6605206 4521596 1341526 742084 324581 224555 65834 34192 1457452 1105560 239185 112707 518001 368739 94548 54714 89327 3820 85507 95200 95200 1051637 1051637 478065 375020 100977 2068 4913 1820 3093 314580 213621 71586 29373 207047 155491 19416 32140 2372172 2240094 65485 66593 7031 6043 837 151 4187644 211026 3970398 6220 554586 10686 543375 525 Program rental expenses 2147813 2147813 Exhibition expenses 1489346 1489346 Other expenses 272568 117599 151658 3311 Local programs & events 29593 17959 2661 8973 22881762 13705288 8083423 1093051 10737800 6620396 8550717 6339604 414546 1922452 153280 145647 817459 853173 169645803 62296331 108058738 107349472 189503994 258152685 103419190 122081083 398153223 406611993 819808947 910076505 4815042 3569098 569309 0 5384351 3569098 X 534759759 578799607 279664837 327707800 814424596 906507407 819808947 910076505 X 20460901 71595085 26825 X 0 1 X 1 0 X 34782411 16833840 21633997 6546040 15599817 95396105 34782411 16833840 21633997 6546040 15599817 95396105 32571554 62824551 3472965 4686927 4932917 4193548 5477525 22763882 118159987 10581843 0.53170 0.49780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8089430 406611993 X X X X 0 310446924 100000 68095059 15656079 362985904 315318793 250337 3364854 8487060 310446924 289080017 14376626 12223104 360954 315318793 267873983 3083217 18526731 403914 289080017 251237566 1200000 18843009 3406592 267873983 0.10470 0.50480 0.39050 0 0 27654519 27654519 125031472 50777543 74253929 16959812 11518788 5441024 107349472 Private Equity / Hedge Funds 93287689 F Investment in Richmont Corporation 10463 C Partnerships 28782931 F 122081083 Art Collection 406611993 406611993 Part III, Line 4: 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. Part V, Line 4: Endowment funds are held with the intent of realizing investment revenue, preserving endowment purchasing power, and utilizing prudent earning amounts to fund the organization's mission. Central America and the Caribbean Investment 42838826 0 0 0 0 0 0 42838826 0 42838826 1 0 1 1 1 0 Part I, line 3: The amount reported in Part I, Line 3(f) represents the fair market value of investments held in the region as of June 30, 2021. Part III Accounting Method: Studio Menil Presents 216286 194086 22200 28552 4528 15221 216286 194086 22200 28552 4528 15221 48301 -26101 1 Writers in the Schools 1523 W Main St Houston TX 77006 760338549 501(c)(3) 50000 Support of educational activities 1 Part I, Line 2: The Menil Foundation, Inc. makes grants to Writers in the Schools in connection with programs WITS conducts in coordination with the Foundation. The coordination between the two organizations regarding the programs conducted serves to monitor the use of the funds. X X X X X 0 0 0 0 0 0 0 0 0 Rebecca Rabinow Director 439614 0 500 0 0 0 14500 0 23465 0 478079 0 0 0 Ileana Del Toro CFO 173172 0 500 0 0 0 9160 0 25742 0 208574 0 0 0 Judith Waters Dir of Development 163407 0 500 0 0 0 8400 0 23465 0 195772 0 0 0 Edouard Kopp Chief Curator, MDI 160509 0 500 0 0 0 8145 0 16312 0 185466 0 0 0 Suzanne Maloch Director of Human Resources 143188 0 500 0 0 0 7387 0 23465 0 174540 0 0 0 Bradford Epley Chief Conservator 139348 0 500 0 0 0 7130 0 23465 0 170443 0 0 0 Fayez Sarofim & Co See Part V 222358 Management of investment assets 0 Part IV- Relationship Between Interested Person and Organization Mrs. Louisa Sarofim's son is a key employee of Fayez Sarofim & Co. which provides investment management services to the Foundation. Mrs. Louisa Sarofim is member of the Board of Trustees and the finance committee, which has the authority to execute investment decisions on behalf of the Foundation. X 62 8089430 Appraisal X 24 629432 Sales proceeds 11 0 1 0 Form 990, Part VI, Section B, line 11b A copy of the draft Form 990 is reviewed by management and then distributed to the Audit Committee for their review and questions before the Form 990 is filed with the IRS. The Board of Trustees has delegated this review to the Audit Committee due to the large number of members and expertise of the Board. Members of the Board of Trustees are provided a copy of the return before it is filed. Form 990, Part VI, Section B, line 12c To monitor compliance, a conflict of interest questionnaire is circulated to officers, trustees, and key employees annually with a request to disclose interests that could give rise to conflicts of interest. Substantial business and investment holdings, including those of family members, must be disclosed. Each individual's disclosures are reviewed by the Audit Committee to determine whether any conflicts exist. Form 990, Part VI, Section B, line 15a The compensation of the Director was approved by the Board of Trustees after review of comparability data provided by similar institutions and summarized by the American Association of Museum Directors. Form 990, Part VI, Section C, line 19 Copies of the Menil Foundation's articles of incorporation, conflict of interest policy, and financial statements are available to the general public upon request. Form 990, Part XI, line 9: Elimination of interco payable to Richmont Corporation 26,825. Lancaster South LLC 1519 Branard Street Houston TX 77006 870848125 Hold Investment for the benefit of Menil Foundation TX 0 4350000 Menil Foundation Inc The Richmont Corporation 1519 Branard Houston TX 77006 760205399 Owned/operated neighborhood apartments TX 501(c)(2) N/A Menil Foundation Inc 1 Loretto Project LLC 4118 Loretto Dr Houston TX 77006 862975469 Hold investment in real estate TX Menil Foundation Inc Excluded 512-514 0 0 0.59000 0 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 1 0 Loretto Project LLC B 4486940 Cash The Richmont Corporation I 569309 Book