2025-11-17T22:46:06-06:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 201499861 Joseph and Joan Cullman Foundation for the Arts Inc % Foundation Source JOSE 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Joel Treisman President 8008391754 2025-11-15 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 8233512 X 0 X 27506 27506 69200 69200 3486501 8209732 10440 7856 15368 3591063 122514 0 33912 33912 2343 243 49383 30737 16195 85638 64892 16195 333500 333500 419138 64892 349695 3171925 57622 0 250500 449884 449884 494438 3699416 3244279 3616848 3930116 4166780 4444354 7624279 8233512 0 0 X 4444354 7624279 4444354 7624279 4444354 7624279 4444354 3171925 8000 7624279 7624279 Publicly-traded Securities 8209732 4733671 Passthrough K1 Capital Gain/(Loss) 10440 10440 801 801 801 650 0 54700 55350 X 0 54549 54549 false false false false false false false true true NY true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Michael Cardozo Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec, Treas, VP 1.0 0 0 0 Blair Rosenfeld Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Joel Treisman Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres 1.0 0 0 0 4728911 460220 2707835 7896966 0 7896966 118454 7778512 388926 388926 801 801 388125 8000 396125 396125 349695 0 0 0 0 349695 396125 316724 349695 316724 32971 0 0 363154 0 0 NONE X CELEBRATE THE BEAT PO BOX 480 DENVER CO 80201 N/A PC General & Unrestricted 25000 DANCE CONTINUUM INC 348 W 57TH ST 256 NEW YORK NY 10019 N/A PC General & Unrestricted 8000 DC WHEEL PRODUCTIONS INC 3225 8TH ST NE WASHINGTON DC 20017 N/A PC General & Unrestricted 10000 DISCALCED INC 3 LAFAYETTE AVE BROOKLYN NY 11217 N/A PC General & Unrestricted 10000 GINA GIBNEY DANCE INC 890 BROADWAY 5TH FL NEW YORK NY 10003 N/A PC General & Unrestricted 15000 HALEAKALA INC 163 B BANK ST 4TH FLOOR LOFT NEW YORK NY 10014 N/A PC General & Unrestricted 10000 HARLEM STAGE INC 150 CONVENT AVE NEW YORK NY 10031 N/A PC General & Unrestricted 10000 HOME FOR CONTEMPORARY THEATRE AND ART LTD 145 6TH AVE NEW YORK NY 10013 N/A PC General & Unrestricted 10000 INTERNATIONAL CENTER OF PHOTOGRAPHY 79 ESSEX ST NEW YORK NY 10002 N/A PC General & Unrestricted 15000 JEWISH MUSEUM 1109 5TH AVE NEW YORK NY 10128 N/A PC General & Unrestricted 10000 LINCOLN CENTER THEATER 150 W 65TH ST NEW YORK NY 10023 N/A PC General & Unrestricted 50000 MUSEUM OF THE CITY OF NEW YORK 1220 5TH AVE NEW YORK NY 10029 N/A PC General & Unrestricted 10000 NATIONAL DANCE INSTITUTE INC 217 W 147TH ST NEW YORK NY 10039 N/A PC General & Unrestricted 10000 NEW YORK LIVE ARTS INC 219 W 19TH ST NEW YORK NY 10011 N/A PC General & Unrestricted 10000 NEW YORK THEATRE WORKSHOP INC 79 E 4TH ST NEW YORK NY 10003 N/A PC General & Unrestricted 10000 PLAYWRIGHTS HORIZONS INC 416 W 42ND ST NEW YORK NY 10036 N/A PC General & Unrestricted 10000 PUBLIC ART FUND INC 1 E 53RD ST FL 12 NEW YORK NY 10022 N/A PC General & Unrestricted 15000 SIGNATURE THEATRE COMPANY 480 W 42ND ST NEW YORK NY 10036 N/A PC General & Unrestricted 10000 ST ANN'S WAREHOUSE 45 WATER ST BROOKLYN NY 11201 N/A PC General & Unrestricted 10000 STEPHEN PETRONIO DANCE COMPANY INC PO BOX 1093 NEW YORK NY 10276 N/A PC General & Unrestricted 8000 SYMPHONY SPACE INC 2537 BROADWAY NEW YORK NY 10025 N/A PC General & Unrestricted 7500 THE ACTORS FUND OF AMERICA 729 7TH AVENUE 10TH FL NEW YORK NY 10019 N/A PC General & Unrestricted 20000 THE NEW YORK PUBLIC LIBRARY ASTOR LENOX AND TILDEN 270 MADISON AVE 12TH FL NEW YORK NY 10016 N/A PC The New York Public Library for the Performing Arts, Dorothy and Lewis B. Cullman Center 10000 THE STUDIO MUSEUM IN HARLEM 144 WEST 125TH ST NEW YORK NY 10027 N/A PC General & Unrestricted 10000 WESTCHESTER COMMUNITY COLLEGE FOUNDATION INC 75 GRASSLANDS RD VALHALLA NY 10595 N/A PC General & Unrestricted 10000 WNET 825 8TH AVENUE NEW YORK NY 10019 N/A PC General & Unrestricted 10000 333500 14 27506 14 69200 18 3486501 K-1 Inc/Loss 525990 -7512 14 15368 -7512 3598575 3591063 false false false false false false false false false false BLACKROCK STRAT INC OPP PORTFO 371264 375081 SPDR S&P 500 ETF TRUST 2873015 3241767 BBR ABSOLUTE RETURN LTD 350000 367451 BBR ALO FUND LLC 1700000 1827689 BBR EQUITY LONG SHORT 24 1250000 1306681 BBR FIXED INCOME OPP FUND LP 421711 419959 BBR PRIVATE LP 2058 208405 245000 Administrative Fees 15945 15945 Bank Charges 8 8 K-1 Exp BBR FIXED INCOME OPP F 1479 1479 K-1 Exp BBR PRIVATE LP 2058 31701 29250 State or Local Filing Fees 250 250 K-1 Inc/Loss BBR FIXED INCOME OPP FUND LP 13510 13510 K-1 Inc/Loss BBR PRIVATE LP 2058 -5654 1858 RETURNED GRANT 8000 Investment Management Services 33912 33912 We respectfully request that Joseph and Joan Cullman Foundation for the Arts, Inc.'s quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $6 penalty indicated on Form 2220 be abated because the underpayment in Q1 & Q4 was due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to calculate its quarterly estimates for tax period ending December 31, 2024. The firm was unable to reconcile the Foundation's accounts fully in order to calculate the necessary estimated tax payment for Q1 & Q4 based on the annualization method. The underpayment was no fault of the foundation's and the firm is enhancing its procedures to improve its reconciliation process for future quarters. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules, and respectfully request that no 2220 penalty be assessed. 990-PF Estimated Tax for 2024 600 990-PF Extension for 2023 1500 Foreign Tax Paid 243 243