NEW IBERIA MUSEUM FOUNDATION

EIN: 721271113 501(c)(3) Arts, Culture & Humanities

NEW IBERIA, LA

Total Revenue
$257,312
Total Expenses
$205,783
Total Assets
$228,661
Net Assets
$207,381
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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
1995
Legal Domicile
LA
Phone
3376065977
Tax Period
2024-01-01 to 2024-12-31

NEW IBERIA MUSEUM FOUNDATION, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $257K in total revenue in fiscal year 2024. The organization ran a surplus of $52K, a strong 20% operating margin.

Mission

To promote and enhance the historical, cultural, artistic, educational, agricultural, mineral and commercial riches and resources of the City of New Iberia and south Louisiana

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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 (2024)

Revenue Breakdown

Contributions & Grants $251,156
Program Service Revenue $0
Investment Income $6,156
Other Revenue $0
TOTAL REVENUE $257,312

Expense Breakdown

Grants Paid $0
Salaries & Benefits $77,980
Fundraising Expenses $0
Program Expenses $170,800
Other Expenses $127,803
TOTAL EXPENSES $205,783

Year-over-Year Comparison

2024 2023 Change
Revenue $257,312 N/A N/A
Expenses $205,783 N/A N/A
Net Income $51,529 N/A N/A
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
3
Independent Members
N/A
Employees
2
Volunteers
N/A

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY HENSGENS President 0.00
Officer
$0 $0 $0
ARTHUR R MIXON Treasurer 0.00
Officer
$0 $0 $0
BECKY COLLINS Secretary 0.00
Officer
$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
2024 $257,312 $205,783 $228,661 $51,529
2021 $388,890 $161,822 $473,617 $227,068
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