2026-05-01T19:40:24-05:00 2025-06-30 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990 2024-07-01 746045327 Menil Foundation Inc MENI 7135259400 1519 Branard Street Houston TX 770064721 William Jukes CFO 7135259400 2026-05-01 1 0 Kurt Coburn P01638285 7134395739 2026-05-01 2024 2025-03-06 01:10:19Z Rebecca Rabinow 1519 Branard Street Houston TX 770064721 175434571 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 23 167 24 727586 223258 8377546 12370839 2388670 3044838 25854138 21892455 -179132 -46488 36441222 37261644 55902 50000 0 0 11998440 12723084 3875 11625 1361818 15143741 18497696 27201958 31282405 9239264 5979239 506970862 527697861 2582489 2229947 504388373 525467914 X 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. 0 0 9556869 2699577 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. 9044126 240560 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. 1997134 50000 49427 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. 681824 74970 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. 681824 74970 21279953 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 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 1 152 0 1 167 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 NY X X Toby Zhao 7135259400 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 Leslie Elkins Sasser Vice President 1.00 0.00 X X 0 0 0 James W Stewart Jr Treasurer 1.00 0.00 X X 0 0 0 Eddie R Allen III 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 Hilda Curran Trustee 1.00 0.00 X 0 0 0 Cheryl Finley Trustee 1.00 0.00 X 0 0 0 Aziz Friedrich Trustee 1.00 0.00 X 0 0 0 Elizabeth Glassman 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 George Kelly Trustee 1.00 0.00 X 0 0 0 Dillon Kyle Trustee 1.00 0.00 X 0 0 0 Alison Leland Trustee 1.00 0.00 X 0 0 0 Isabel Lummis Trustee 1.00 0.00 X 0 0 0 Francois de Menil Trustee 1.00 1.00 X 0 0 0 Clemence Molin Trustee 1.00 0.00 X 0 0 0 Franci Neely Trustee 1.00 0.00 X 0 0 0 Anaeze Offodile Trustee 1.00 0.00 X 0 0 0 David Ruiz Trustee 1.00 0.00 X 0 0 0 Mark Wawro Trustee 1.00 0.00 X 0 0 0 Rebecca Rabinow Director 40.00 0.00 X 583140 0 42116 Matthew Assiff CFO 38.00 2.00 X 263000 0 0 Wesley Haines Director of Facilities 35.00 0.00 X 178841 0 28597 Edouard Kopp Chief Curator, MDI 35.00 0.00 X 189660 0 33653 Suzanne Maloch Director of Human Resource 35.00 0.00 X 189193 0 33630 Corina Rogge Director of Conservation 35.00 0.00 X 157616 0 16353 Judy Waters Director of Advancement 35.00 0.00 X 195143 0 18229 1756593 0 172578 16 0 1 0 WS Bellows Construction Corporation PO Box 2132 Houston TX 77252 Construction 619663 Marek Brothers Systems Inc PO Box 301828 Dallas TX 75303 Construction 470233 Urbano Architects PLLC 1224 Houston Ave Ste 102 Houston TX 77007 Architect 454988 Brightview Landscapes LLC PO Box 31001-2463 Pasadena CA 91110 Landscaping service 404314 Merit Electric Co LTD PO Box 924385 Houston TX 77292 Electrical 373706 19 1072298 219717 11078824 3416578 12370839 Program rental income 900099 2347827 2347827 Exhibition fees 900099 351750 351750 Other program fees 900099 240560 240560 Membership dues 900099 74970 74970 Royalties 900099 29731 29731 3044838 9718623 745601 8973022 149940796 137766964 12173832 12173832 -18158 12191990 42000 219717 108327 -66327 -66327 317475 297636 19839 19696 143 37261644 3064534 727586 21098685 50000 50000 682287 569287 113000 9324139 6563186 1871704 889249 416592 318841 62424 35327 1579016 1229041 224183 125792 721050 531650 123845 65555 68529 68529 106065 106065 11625 11625 927413 927413 674486 571599 97601 5286 100313 91868 8445 657911 545266 79090 33555 284864 214009 24604 46251 2835991 2672580 85276 78135 206330 148303 50617 7410 122021 122021 4005005 65669 3937502 1834 628355 6120 621986 249 Cost of collections 2902159 2902159 Exhibition expenses 2467096 2467096 Program rental expenses 1891569 1891569 Federal income tax 149690 149690 469899 319689 88660 61550 31282405 21279953 8640634 1361818 4913069 10738859 2779641 3870000 1718415 440280 171314 176496 1231138 1631479 179612058 79673620 99343783 99938438 249198377 253599877 147478419 157146449 136706 155983 506970862 527697861 2582489 2229947 2582489 2229947 X 218502468 228296352 285885905 297171562 504388373 525467914 506970862 527697861 5979239 15100302 0 X 0 1 X 1 0 X 15599817 8838764 8608343 8377546 12370839 53795309 15599817 8838764 8608343 8377546 12370839 53795309 9164664 44630645 5477525 10696860 6979125 5483322 9718623 38355455 346913 223258 570171 92720935 12708218 0.48130 0.51190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 326212666 27178177 18929303 334461540 312278595 25000 30732930 16823859 326212666 334998789 2905076 26601310 13725828 312278595 362985904 328068 -15605342 12709841 334998789 310446924 100000 68095059 15656079 362985904 0.13130 0.43770 0.43100 0 0 27475764 27475764 133472188 63157862 70314326 18664106 16515758 2148348 99938438 Private Equity / Hedge Funds 116352832 F Investment in Richmont Corporation 10463 C Partnerships 40783154 F 157146449 X Part III, Line 1a: The Foundation's collections, acquired through purchase and contributions, are not recognized as assets on the consolidated statement of financial position. Purchases of collection items are recorded in the year in which the items were acquired as decreases in net assets without donor restrictions. Contributed collection items are not reflected in the consolidated financial statements. Proceeds from sales of works of art, which are reflected as increases in net assets with donor restrictions, are used primarily to acquire other items for the collection. During fiscal years-ended June 30, 2025 and 2024, works of art with an approximate Fair Market Value of $138,075,000 and $16,700,000, respectively, were donated to the Foundation. 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. Part X, Line 2: The Foundation has received a determination letter from the Internal Revenue Service (IRS) that it is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code (the "Code") and is described in 509(a)(1) and 170(b)(1)(A)(vi) of the Code and, therefore, has made no provision for federal income taxes in the accompanying financial statements. Uncertain tax positions are recognized in the financial statements only if that position is more-likely-than-not of being sustained upon examination by taxing authorities, based on technical merits of the position. The Foundation has concluded that there are not uncertain tax positions, or any interest and penalties related to uncertain tax position requiring recognition in the financial statements. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Investment 50287698 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Investment 2823999 0 0 0 0 0 0 53111697 0 53111697 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, 2025. Party in the Park 261717 219717 42000 57233 32774 18320 261717 219717 42000 57233 32774 18320 108327 -66327 1 Writers in the Schools (WITS) 1523 W Main St Houston TX 77006 760338549 501(c)(3) 50000 0 Support of educational activities 1 Employees affected by an apartment fire and home wind damage. Part I, Line 2: The Menil Foundation, Inc. makes grants to Writers in the Schools ("WITS") 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 582640 0 500 0 0 0 17946 0 24170 0 625256 0 0 0 Matthew Assiff CFO 262500 0 500 0 0 0 0 0 0 0 263000 0 0 0 Edouard Kopp Chief Curator, MDI 189160 0 500 0 0 0 9483 0 24170 0 223313 0 0 0 Suzanne Maloch Director of Human Resource 188693 0 500 0 0 0 9460 0 24170 0 222823 0 0 0 Judy Waters Director of Advancement 194643 0 500 0 0 0 9757 0 8472 0 213372 0 0 0 Wesley Haines Director of Facilities 178341 0 500 0 0 0 8942 0 19655 0 207438 0 0 0 Corina Rogge Director of Conservation 157116 0 500 0 0 0 7881 0 8472 0 173969 0 0 0 Fayez Sarofim & Co See Part V 230080 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 investment committee, which has the authority to execute investment decisions on behalf of the Foundation. X 165 0 X 45 3416578 Sales proceeds 7 0 1 0 Part I, Line 33: There is no amount reported on Schedule M, Part I, Line 1 Column (c) because the organization does not capitalize its collection items nor report contributions of collection items as revenue, as allowed under Financial Accounting Standards Board Accounting Standards Codification 958-360-25 (ASC 958-360-25). 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 15 The compensation of the Director and CFO 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. Lancaster South LLC 1519 Branard Street Houston TX 77006 870848125 Hold Investment for the benefit of Menil Foundation TX -1692713 8655744 Menil Foundation Inc The Richmont Corporation 1519 Branard Street Houston TX 77006 760205399 Owned/operated neighborhood apartments TX 501(c)(2) N/A Menil Foundation Inc 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0