FRIENDS OF MAGNOLIA MOUND MUSEUM INC

EIN: 721430320 501(c)(3) Arts, Culture & Humanities

BATON ROUGE, LA

Total Revenue
$84,239
Total Expenses
$71,971
Total Assets
$1,350,644
Net Assets
$1,350,486
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
LA
Principal Officer
SUSAN EATON
Phone
2254213162
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF MAGNOLIA MOUND MUSEUM INC, founded in 1998, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $84K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $72K left a modest 15% surplus.

Mission

MAGNOLIA MOUND BELIEVES THAT IN THE RETELLING OF ITS HISTORY IT IS IMPORTANT TO ALSO TELL THE HARD STORIES OF OUR PAST; REMEMBERING THE LIVES OF THE ENSLAVED WHOSE SKILLS HELPED TO BUILD NOT ONLY OUR HISTORIC BUILDING BUT OUR STATE AND OUR COUNTRY.

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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 $51,213
Program Service Revenue $24,680
Investment Income $8,346
Other Revenue $0
TOTAL REVENUE $84,239

Expense Breakdown

Grants Paid $0
Salaries & Benefits $35,655
Fundraising Expenses $0
Program Expenses $55,829
Other Expenses $36,316
TOTAL EXPENSES $71,971

Year-over-Year Comparison

2024 2023 Change
Revenue $84,239 $73,299 +0.1%
Expenses $71,971 $60,802 +0.2%
Net Income $12,268 $12,497 0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
20
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
0
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL STROMEYER OFFICER 2.00
Director
$0 $0 $0
LIZ TREPPENDAHL OFFICER 2.00
Director
$0 $0 $0
MARY WILLIAMS OFFICER 2.00
Director
$0 $0 $0
LARRY RUTH OFFICER 2.00
Director
$0 $0 $0
DONNA WRIGHT PRESIDENT EL 2.00
Director
$0 $0 $0
CATHERINE WHITE OFFICER 2.00
Director
$0 $0 $0
CAREY COXE TREASURER/SE 2.00
Director
$0 $0 $0
KAREN ZOBRIST PAST PRESIDE 2.00
Director
$0 $0 $0
SUSAN EATON PRESIDENT 2.00
Director
$0 $0 $0
JOHN TURNER BRD MEMBER A 2.00
Director
$0 $0 $0
DIANE FINLEY OFFICER 2.00
Director
$0 $0 $0
ETHAN MELANCON OFFICER 2.00
Director
$0 $0 $0
MARY BOSTON OFFICER 2.00
Director
$0 $0 $0
CHET COLES OFFICER 2.00
Director
$0 $0 $0
ADELAIDE RUSSO OFFICER 2.00
Director
$0 $0 $0
SANDY ARST OFFICER 2.00
Director
$0 $0 $0
TERESA MEYER OFFICER 2.00
Director
$0 $0 $0
LOU DUPLANTIER OFFICER 2.00
Director
$0 $0 $0
SEAN DUPLANTIER OFFICER 2.00
Director
$0 $0 $0
BARBARA SORELLE BACOT OFFICER 2.00
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
2024 $73,299 $60,802 $1,316,004 $12,497
2024 $84,239 $71,971 $1,350,644 $12,268
2023 $70,221 $58,180 $1,305,060 $12,041
2022 $68,770 $54,976 $1,296,117 $13,794
2021 $62,223 $44,336 $1,280,052 $17,887
2020 $61,160 $56,192 $1,264,307 $4,968
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