AMERICAN FRIENDS OF THE LOUVRE INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

THOMAS E MOORE III

Phone

9177175031

Tax Period

2024-07-01 to 2025-06-30

AMERICAN FRIENDS OF THE LOUVRE INC, founded in 2002, is a community nonprofit in the Arts, Culture & Humanities sector that reported $9.7M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

TO SOLICIT FUNDS FOR, MAKE GRANTS TO SUPPORT, AND RAISE PUBLIC AWARENESS IN THE UNITED STATES, OF THE LOUVRE MUSEUM AND ITS EXTENSIVE COLLECTION OF ART.

Program Service Accomplishments

Program 1

Expenses: $8,519,253 Revenue: $944,000

TO SOLICIT FUNDS FOR, MAKE GRANTS TO SUPPORT, AND RAISE PUBLIC AWARENESS IN THE UNITED STATES, OF THE LOUVRE MUSEUM AND ITS EXTENSIVE COLLECTION OF WORKS OF ART. AMERICAN FRIENDS OF THE LOUVRE, ALSO SUPPORTS THE LOUVRE IN ITS EFFORTS TO IMPROVE EDUCATIONAL TOOLS AND VISITING CONDITIONS, PARTICULARLY FOR AMERICAN AND OTHER ENGLISH-SPEAKING VISITORS AND PROMOTES COLLABORATIONS BETWEEN THE LOUVRE AND AMERICAN INSTITUTIONS THROUGH THE DEVELOPMENT OF CULTURAL ACTIVITIES IN THE U.S., SUCH AS EXHIBITIONS, EDUCATIONAL PROGRAMS AND PROFESSIONAL AND SCHOLARLY EXCHANGES. AFL PARTICIPATES IN THE FINANCING OF LOUVRE PROJECTS, SUCH AS RENOVATIONS OF GALLERIES, RESTORATIONS, FELLOWSHIPS, AND EDUCATIONAL PROGRAMS BOTH IN FRANCE AND THE U.S.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,353,144

Program Service Revenue $944,000

Investment Income $501,454

Other Revenue $-80,654

TOTAL REVENUE $9,717,944

Expense Breakdown

Grants Paid $8,156,047

Salaries & Benefits $669,164

Fundraising Expenses $441,715

Program Expenses $8,519,253

Other Expenses $628,733

TOTAL EXPENSES $9,453,944

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,717,944	$7,976,026	+0.2%
Expenses	$9,453,944	$8,630,544	+0.1%
Net Income	$264,000	$-654,518	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$216,567

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER FORBES	CHAIRMAN/DIRECTOR	4.00	Officer Director	$0	$0	$0
BECCA CASON THRASH	VICE CHAIR/DIRECTOR	3.00	Officer Director	$0	$0	$0
PATRICK A GERSCHEL	TREASURER/DIRECTOR	1.00	Officer Director	$0	$0	$0
VLADIMIR JEAN-FRITZNER GALIOTHE	TREASURER/DIRECTOR	1.00	Officer Director	$0	$0	$0
LAURENCE DES CARS	PRESIDENT	1.00	Director	$0	$0	$0
MARC LADREIT DE LACHARRIERE	DIRECTOR	0.25	Director	$0	$0	$0
FRANCOISE MILLER	DIRECTOR	1.00	Director	$0	$0	$0
JOAN KAHN	DIRECTOR	3.00	Director	$0	$0	$0
LIONEL SAUVAGE	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW BARTH	DIRECTOR	1.00	Director	$0	$0	$0
FIONA CIBANI	DIRECTOR	1.00	Director	$0	$0	$0
MANUEL CAMELO	DIRECTOR	1.00	Director	$0	$0	$0
STANISLAUS DE QUERCIZE	DIRECTOR	1.00	Director	$0	$0	$0
NAOMA TATE	DIRECTOR	1.00	Director	$0	$0	$0
MAX BLUMBERG	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA FRIEDMAN	DIRECTOR	1.00	Director	$0	$0	$0
HENRI DE CASTRIES	DIRECTOR	1.00	Director	$0	$0	$0
JAKE LEWTAN	DIRECTOR	1.00	Director	$0	$0	$0
NESRINE METHLOUTHI	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS E MOORE III	EXECUTIVE DIRECTOR	40.00	Officer	$210,000	$6,567	$216,567

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$9,717,944	$9,453,944	$23,005,865	$264,000
2024	$7,976,026	$8,630,544	$17,740,086	$-654,518
2023	$2,783,711	$2,784,406	$12,659,576	$-695
2022	$3,317,532	$1,946,794	$12,937,787	$1,370,738
2021	$4,946,706	$4,693,999	$14,733,047	$252,707
2020	$3,194,218	$2,062,541	$10,859,795	$1,131,677
2019	$2,389,661	$1,159,055	$9,580,465	$1,230,606
2018	$3,144,091	$3,340,480	$9,028,873	$-196,389