NEW ORLEANS MUSEUM OF ART

EIN: 726000331 501(c)(3) Arts, Culture & Humanities

NEW ORLEANS, LA

Total Revenue
$11,113,241
Total Expenses
$12,114,650
Total Assets
$102,068,828
Net Assets
$97,421,652
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1911
Legal Domicile
LA
Principal Officer
SUSAN M TAYLOR
Phone
5046584101
Tax Period
2023-01-01 to 2023-12-31

NEW ORLEANS MUSEUM OF ART, founded in 1911, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $11.1M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Net assets of $97.4M represent 105 months of operating reserves.

Mission

TO INSPIRE THE LOVE OF ART; TO COLLECT, PRESERVE, EXHIBIT AND PRESENT EXCELLENCE IN THE VISUAL ARTS; TO EDUCATE, CHALLENGE, AND ENGAGE A DIVERSE PUBLIC.

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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 $5,825,223
Program Service Revenue $1,370,054
Investment Income $3,464,760
Other Revenue $453,204
TOTAL REVENUE $11,113,241

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,187,258
Fundraising Expenses $1,503,779
Program Expenses $7,026,243
Other Expenses $6,927,392
TOTAL EXPENSES $12,114,650

Year-over-Year Comparison

2023 2022 Change
Revenue $11,113,241 $12,204,343 -0.1%
Expenses $12,114,650 $11,507,004 +0.1%
Net Income $-1,001,409 $697,339 -2.4%
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
42
Independent Members
42
Employees
110
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
7
$717,142
Total Directors
42
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TONY ADAMS BOARD MEMBER 1.00
Director
$0 $0 $0
WALDA BESTHOFF BOARD MEMBER 1.00
Director
$0 $0 $0
LUZ CAPUTTO BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL M CHRISTOVICH BOARD MEMBER 1.00
Director
$0 $0 $0
HENRY L COAXUM BOARD MEMBER 1.00
Director
$0 $0 $0
PHILIP DENORMANDIE BOARD MEMBER 1.00
Director
$0 $0 $0
MEGHAN DONELON BOARD MEMBER 1.00
Director
$0 $0 $0
R FOSTER DUNCAN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID F EDWARDS BOARD MEMBER 1.00
Director
$0 $0 $0
GREGORY FEIRN BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE FEOLI BOARD MEMBER 1.00
Director
$0 $0 $0
TIM L FIELDS BOARD MEMBER 1.00
Director
$0 $0 $0
DATHEL COLEMAN GEORGES BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH GRIMES BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER HEEBE BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH HEFLER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT HINCKLEY BOARD MEMBER 1.00
Director
$0 $0 $0
PEGGY LABORDE BOARD MEMBER 1.00
Director
$0 $0 $0
HENRY LAMBERT BOARD MEMBER 1.00
Director
$0 $0 $0
RALPH MAHANA BOARD MEMBER 1.00
Director
$0 $0 $0
BEVERLY MATHENEY BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN RANKIN BOARD MEMBER 1.00
Director
$0 $0 $0
ANNE REDD BOARD MEMBER 1.00
Director
$0 $0 $0
GARNER ROBINSON BOARD MEMBER 1.00
Director
$0 $0 $0
PAMELA REYNOLDS RYAN BOARD MEMBER 1.00
Director
$0 $0 $0
JANE STEINER BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE STREAM BOARD MEMBER 1.00
Director
$0 $0 $0
AULSTON TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
SUZANNE THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
CATHERINE BURNS TREMAINE BOARD MEMBER 1.00
Director
$0 $0 $0
FRANCO VALOBRA BOARD MEMBER 1.00
Director
$0 $0 $0
JENNY VORHOFF BOARD MEMBER 1.00
Director
$0 $0 $0
ZANNIE GIRAUD VOSS BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE LIVAUDAIS GEORGE BOARD MEMBER-EXECUTIVE COMMITTEE 2.00
Director
$0 $0 $0
THOMAS HENLEY BOARD MEMBER-EXECUTIVE COMMITTEE 2.00
Director
$0 $0 $0
MARSHALL HEVRON BOARD MEMBER-EXECUTIVE COMMITTEE 2.00
Director
$0 $0 $0
ROBERT M STEEG BOARD MEMBER-EXECUTIVE COMMITTEE 2.00
Director
$0 $0 $0
BRENT WOOD BOARD MEMBER - PRESIDENT 2.00
Officer Director
$0 $0 $0
EDGAR CHASE IV BOARD MEMBER - VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
TONY GELDERMAN BOARD MEMBER - VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ELIZABETH BOH BOARD MEMBER - TREASURER 2.00
Officer Director
$0 $0 $0
TOD SMITH BOARD MEMBER-SECRETARY 2.00
Officer Director
$0 $0 $0
SUSAN M TAYLOR MONTINE MCDANIEL FREEMAN DIRECTOR 35.00
Officer
$493,720 $70,597 $564,317
WILLIAM BROTHERS CHIEF FINANCIAL OFFICER 35.00
Officer
$129,285 $23,540 $152,825
LISA ROTONDO-MCCORD DEPUTY DIRECTOR - CURATORIAL AFFAIRS 35.00
Highest
$139,536 $54,582 $194,118
REDELL HEARN CHIEF EDUCATOR 35.00
Highest
$120,495 $6,088 $126,583
JENNIFER DANIEL DIRECTOR OF DEVELOPMENT 35.00
Highest
$100,459 $16,665 $117,124
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 $11,113,241 $12,114,650 $102,068,828 $-1,001,409
2022 $12,204,343 $11,507,004 $97,219,362 $697,339
2021 $12,278,324 $10,396,473 $108,237,578 $1,881,851
2020 $8,179,335 $9,748,314 $99,565,462 $-1,568,979
2019 $14,791,645 $13,536,081 $94,142,047 $1,255,564
2018 $33,079,496 $14,504,157 $85,472,821 $18,575,339
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