THE LOUISIANA MUSEUM FOUNDATION Charity Report

Public IRS 990 nonprofit record

THE LOUISIANA MUSEUM FOUNDATION

EIN 72-0954712

What they do

to PROVIDE COMMUNITY, GRANTS, PROGRAMMING, and MARKETING SUPPORT for THE CHRONICALLY UNDERFUNDED STATE-OWNED and OPERATED LOUISIANA STATE MUSEUM (LSM) SYSTEM, INCLUDING THE CABILDO, PRESBYTERE, NEW ORLEANS JAZZ MUSEUM AT THE OLD U.S. MINT, SIX OTHER MUSEUM PROPERTIES, and SIX MAJOR COLLECTIONS of NEARLY 500,000 ARTIFACTS, PRIMARILY for THE SYSTEMS THREE CORE SERVICE AREAS: EXHIBITIONS, COLLECTIONS, and EDUCATION / PUBLIC OUTREACH. IN PROVIDING FINANCIAL SUPPORT for THE MUSEUMS and COLLECTIONS of THE LSM SYSTEM, THE LMF SEEKS, ACCEPTS, and PROVIDES MANAGMENT, FINANCIAL, GRANTS, CONTRACTS, and OTHER PROGRAM SUPPORT SERVICES. LMF ALSO PROVIDES EXHIBITION CONCEPTS and GUEST CURATORS and PRODUCES EDUCATIONAL and PUBLIC OUTREACH PROGRAMMING IN CONNECTION WITH THE MUSUEMS and COLLECTIONS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

139.12%of revenue went to mission work95.4% of expenses · Program services

0.97%of revenue went to fundraising0.7% of expenses

$145.79spent for every $100 of revenueSpending was higher than revenue this year.

5.70%of revenue went to management and office costs3.9% of expenses

$2.03in assets for every $1 spent this yearSome assets cannot be spent right away.

89.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $777,042 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $108,150 for KRISTIN C SHANNON (EXECUTIVE DIR.). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,696,816

Mission workProgram services$2,360,694139.12% of revenue95.4% of expenses

ManagementOffice and general costs$96,7835.70% of revenue3.9% of expenses

FundraisingAsking for donations$16,3810.97% of revenue0.7% of expenses

Total expenses$2,473,858145.79% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 95.4% mission · 3.9% management · 0.7% fundraisingTotal expenses: 145.79% of revenue

2023Expense mix: 96.2% mission · 3.1% management · 0.7% fundraisingTotal expenses: 76.72% of revenue

2022Expense mix: 95.7% mission · 3.5% management · 0.8% fundraisingTotal expenses: 110.28% of revenue

2021Expense mix: 95.9% mission · 3.4% management · 0.7% fundraisingTotal expenses: 77.10% of revenue

2020Expense mix: 93.5% mission · 5.1% management · 1.4% fundraisingTotal expenses: 79.71% of revenue

2019Expense mix: 94.1% mission · 4.4% management · 1.6% fundraisingTotal expenses: 119.43% of revenue

2018Expense mix: 89.0% mission · 9.2% management · 1.8% fundraisingTotal expenses: 60.92% of revenue

2017Expense mix: 86.3% mission · 11.1% management · 2.5% fundraisingTotal expenses: 74.73% of revenue

Money in and money out

Revenue$1,696,816

Expenses$2,473,858

Annual shortfall $777,042 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,360,694 · 95.4% of expenses

Management and office costs$96,783 · 3.9% of expenses

Fundraising$16,381 · 0.7% of expenses

See all reported dollar amounts

Revenue$1,696,816

Expenses$2,473,858

Assets$5,033,338

Income$1,997,479

Contributions$1,519,270

Mission work (program services)$2,360,694

Fundraising$16,381

Grants given$8,842,171

Average grant$1,105,271

Management and general$96,783

Stocks and bonds$3,870,898

Accounting fees$111,431

Investing fees$21,484

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KRISTIN C SHANNONEXECUTIVE DIR. · 40 hrs/week $108,150

TIM LUCASFINANCE DIRECTOR · 7 hrs/week $43,692

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

KRISTIN C SHANNONEXECUTIVE DIR.

TIM LUCASFINANCE DIRECTOR

LESLI HARRISDIRECTOR

ANNE FLOWER REDDDIRECTOR

TIA NOLA RODDYDIRECTOR

T SEMMES FAVROTDIRECTOR

SETH A LEVINEDIRECTOR

SCOTT P CUNNINGHAMDIRECTOR

RYAN E BURKSDIRECTOR

NOEL JOHNSONDIRECTOR

MURRAY A CALHOUNTREASURER

MELISSA DOUGLAS STEINERDIRECTOR

MARIAH BENCIKDIRECTOR

LLOYD N SONNY SHIELDSVICE PRESIDENT

AULTSON TAYLORDIRECTOR

ANNE R ATKINSONDIRECTOR

KEVIN FERGUSONDIRECTOR

KENNETH E PICKERINGDIRECTOR

KATHLEEN PARK EDMUNDSONDIRECTOR

JOHANNAH M BROWNDIRECTOR

JEREMY CORKERNDIRECTOR

E TIFFANY ADLERDIRECTOR

DOUGLAS W FINEGANDIRECTOR

DOROTHY M CLYNEDIRECTOR

DANA M HANSELDIRECTOR

BENJAMIN A DUPUYPRESIDENT

About this charity

Recognized since: January 1983
Location: 1000 BOURBON STREET B429, NEW ORLEANS, LA 70116-2708
County: Orleans
In care of: KRISTIN C SHANNON
Primary officer: KRISTIN C SHANNON, Executive Director

How to reach them

WebsiteVisit the charity’s website Phone(504) 558-0493

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: JOHN WYATTE FOARD LLC
Grant-giving organization: Yes