Cullen Trust for the Performing Arts

Analysis

Cullen Trust for the Performing Arts is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cullen Trust for the Performing Arts reported income of $9.8m and spending of $4.9m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $9.8m (+112%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 39% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cullen Trust for the Performing Arts sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Maui Arts & Cultural Center ($9.8m), South Shore Playhouse Associates Inc ($9.8m) and Catalyst Connection ($9.7m).

At year end it held assets of $104.3m against liabilities of $0, net assets of $104.3m.