LOUISIANA ART & SCIENCE MUSEUMINC

EIN: 720542138 501(c)(3) Arts, Culture & Humanities

BATON ROUGE, LA

Total Revenue
$2,822,318
Total Expenses
$2,302,683
Total Assets
$6,768,156
Net Assets
$6,632,894
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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
1960
Legal Domicile
LA
Principal Officer
KAREN M SONIAT PHD
Phone
2253445272
Tax Period
2023-01-01 to 2023-12-31

LOUISIANA ART & SCIENCE MUSEUMINC, founded in 1960, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $520K, a strong 18% operating margin.

Mission

THE MUSEUM SEEKS TO ENHANCE THE UNDERSTANDING AND APPRECIATION OF ART AND SCIENCE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,694,031
Program Service Revenue $533,242
Investment Income $172,026
Other Revenue $423,019
TOTAL REVENUE $2,822,318

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,458,588
Fundraising Expenses $102,471
Program Expenses $2,035,610
Other Expenses $844,095
TOTAL EXPENSES $2,302,683

Year-over-Year Comparison

2023 2022 Change
Revenue $2,822,318 $2,293,696 +0.2%
Expenses $2,302,683 $2,239,673 +0.0%
Net Income $519,635 $54,023 +8.6%
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

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Governance

Voting Members
25
Independent Members
25
Employees
46
Volunteers
350

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
10
$186,548
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH ALLEN TRUSTEE 0.50
Director
$0 $0 $0
NOAH BOUDREAUX TRUSTEE 0.50
Director
$0 $0 $0
DREW TESSIER CHAIR-ELECT 1.00
Officer Director
$0 $0 $0
ELIZABETH CANFIELD CHAIR 1.00
Officer Director
$0 $0 $0
PAULA DAVIS MEMBER-AT-LARGE 1.00
Officer Director
$0 $0 $0
ERIC DEXTER MEMBER-AT-LARGE 1.00
Officer Director
$0 $0 $0
MELISSA DOTSON SECRETARY 1.00
Officer Director
$0 $0 $0
SCOTT GAUDIN MEMBER-AT-LARGE 1.00
Officer Director
$0 $0 $0
TYLER GRAY TRUSTEE 0.50
Director
$0 $0 $0
SARAH HANELINE TRUSTEE 0.50
Director
$0 $0 $0
JOSHUA HOLLINS TRUSTEE 0.50
Director
$0 $0 $0
DR LOUIS JEANSONNE IV TRUSTEE 0.50
Director
$0 $0 $0
TY BROMELL IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
HEATHER LEBLANC TRUSTEE 0.50
Director
$0 $0 $0
KRISTY MCKEARN TRUSTEE 0.50
Director
$0 $0 $0
ERIN NUGENT TRUSTEE 0.50
Director
$0 $0 $0
JULIO PEREZ TRUSTEE 0.50
Director
$0 $0 $0
MENDI ROBINSON TRUSTEE 0.50
Director
$0 $0 $0
SETH SCHILLING MEMBER-AT-LARGE 1.00
Officer Director
$0 $0 $0
DR MELISSA THOMPSON TRUSTEE 0.50
Director
$0 $0 $0
ALEX TUCKER TREASURER 1.00
Officer Director
$0 $0 $0
JAMES USHER TRUSTEE 0.50
Director
$0 $0 $0
LAUREN WHATLEY TRUSTEE 0.50
Director
$0 $0 $0
DARYL WILLIAMS TRUSTEE 0.50
Director
$0 $0 $0
PARKER KILGORE TRUSTEE 0.50
Director
$0 $0 $0
SERENA PANDOS FORMER PRESIDENT/CEO 40.00
Officer
$175,538 $11,010 $186,548
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
2024 No data No data No data No data
2023 $2,822,318 $2,302,683 $6,768,156 $519,635
2022 $2,293,696 $2,239,673 $5,803,265 $54,023
2021 $3,010,375 $1,681,719 $6,561,733 $1,328,656
2020 $1,698,838 $1,724,195 $5,289,838 $-25,357
2019 $2,465,326 $2,570,935 $4,705,398 $-105,609
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