Contemporary Arts Center

EIN: 720798830 501(c)(3) Arts, Culture & Humanities

New Orleans, LA

Total Revenue
$2,051,144
Total Expenses
$2,290,176
Total Assets
$8,717,838
Net Assets
$7,882,432
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
LA
Phone
5045283805
Tax Period
2022-07-01 to 2023-06-30

Contemporary Arts Center, founded in 1977, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2022. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $2.3M exceeded revenue, resulting in a 12% operating deficit.

Mission

To provide public access to contemporary art. The Contemporary Arts Center is a multi-disciplinary arts center that is dedicated to the presentation, production, and promotion of the arts of our time.

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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 (2022)

Revenue Breakdown

Contributions & Grants $499,238
Program Service Revenue $58,013
Investment Income $69,042
Other Revenue $1,424,851
TOTAL REVENUE $2,051,144

Expense Breakdown

Grants Paid $0
Salaries & Benefits $846,629
Fundraising Expenses $141,740
Program Expenses $1,249,024
Other Expenses $1,443,547
TOTAL EXPENSES $2,290,176

Year-over-Year Comparison

2022 2021 Change
Revenue $2,051,144 $3,006,099 -0.3%
Expenses $2,290,176 $2,448,294 -0.1%
Net Income $-239,032 $557,805 -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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
Employees
20
Volunteers
30

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
7
$93,719
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
George Scheer Executive Director 50.00
Officer
$93,719 $0 $93,719
Ausettua Amor Amenkum Board of Directors 0.50
Director
$0 $0 $0
Bryan Bailey Past President 0.50
Officer Director
$0 $0 $0
David Baker Board of Directors 0.50
Director
$0 $0 $0
Valerie Besthoff Board of Directors 0.50
Director
$0 $0 $0
Jane Cooper Secretary 0.50
Officer Director
$0 $0 $0
Kevin Ferguson Board of Directors 0.50
Director
$0 $0 $0
Joanthan Fawer Board of Directors 0.50
Director
$0 $0 $0
Alana Harris Board of Directors 0.50
Director
$0 $0 $0
Michael Hecht Board of Directors 0.50
Director
$0 $0 $0
Jaclyn Majewski Woollam Board of Dir/Interim Exec Dir 0.50
Officer Director
$0 $0 $0
Delfeayo Marsalis Board of Directors 0.50
Director
$0 $0 $0
Robin Marrouche Board of Directors 0.50
Director
$0 $0 $0
Gina Monette Vice President 0.50
Officer Director
$0 $0 $0
Babette Rittenberg Board of Directors 0.50
Director
$0 $0 $0
David Robinson-Morris Board of Directors 0.50
Director
$0 $0 $0
Staci Rosenberg Board of Directors 0.50
Director
$0 $0 $0
Shelby Russ Jr Treasurer 0.50
Officer Director
$0 $0 $0
Michael Schneider President 0.50
Officer Director
$0 $0 $0
Sharron Silvers Board of Directors 0.50
Director
$0 $0 $0
Warren Surcouf III Board of Directors 0.50
Director
$0 $0 $0
Michael Whitaker Board of Directors 0.50
Director
$0 $0 $0
Sharonda Williams Board of Directors 0.50
Director
$0 $0 $0
Schuyler Williams Board of Directors 0.50
Director
$0 $0 $0
Ginny Wise Board of Directors 0.50
Director
$0 $0 $0
Leopoldo Yanez Board of Directors 0.50
Director
$0 $0 $0
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 No data No data No data No data
2024 No data No data No data No data
2023 $2,051,144 $2,290,176 $8,717,838 $-239,032
2022 $3,006,099 $2,448,294 $9,402,311 $557,805
2021 $2,963,167 $2,411,034 $9,730,303 $552,133
2020 $2,836,743 $3,113,729 $8,950,916 $-276,986
2019 $3,313,272 $3,561,013 $8,905,067 $-247,741
2018 $2,913,448 $3,814,950 $9,070,636 $-901,502
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