George & Leah Mckenna Museum Of African American Art
- Assets
- $4.6m
- Revenue
- $126.1k
- Investments
- $0.0
- Employees
- 3
- Location
- New Orleans, LA
- Founding
- 01/2011
- Data as of
- 12/2021
- EIN
- 20-1080155
Organization Overview
George & Leah Mckenna Museum Of African American Art is located in New Orleans, LA. The organization was established in 2011. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, George & Leah Mckenna Museum Of African American Art employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George & Leah Mckenna Museum Of African American Art is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, George & Leah Mckenna Museum Of African American Art generated $126.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $165.6k during the year ending 12/2021. While expenses have increased by 14.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MUSEUM SEEKS TO MAKE AFRICAN AMERICAN ART ACCESSIBLE TO VISITORS OF ALL AGE GROUPS. THE MUSEUM ALSO ACTIVELY IDENTIFIES AND PRESENTS EMERGING ARTIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOURS OUTREACH EDUCATION-BLACK HISTORY MONTH- PROVIDING TOURS TO THE GENERAL PUBLIC
CHILDREN'S DEFENSE FUND - PROVIDED RECEPTION GATHERINGS TO UPLIFT ALL CHILDREN ESPECIALLY POOR CHILDREN AND CHILDREN OF COLOR.
RECEPTION BOARD DEVELOPMENT - BROAD COMMUNITY CONNECTIONS - REVITALIZING BROAD STREET IN A COMMUNITY JOINT VENTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andea Stricker Office Manager | 40 | $43,023 | |
Kim Coleman Office Manager | Officer | 40 | $35,179 |
Christopher White Treasurer | Officer | 5 | $700 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $97,578 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,578 |
| Total Program Service Revenue | $28,489 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $126,081 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $78,902 |
| Compensation of current officers, directors, key employees. | $11,836 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,036 |
| Fees for services: Management | $14,888 |
| Fees for services: Legal | $21,299 |
| Fees for services: Accounting | $1,545 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $720 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,975 |
| Insurance | $0 |
| All other expenses | $2,322 |
| Total functional expenses | $165,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,343 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $375,125 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,207,700 |
| Total assets | $4,590,168 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $51,210 |
| Other liabilities | $7,628 |
| Total liabilities | $58,838 |
| Net assets without donor restrictions | $4,531,330 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,590,168 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that George & Leah Mckenna Museum Of African American Art has recieved totaling $6,447.
| Awarding Organization | Amount |
|---|---|
The Greater New Orleans Foundation New Orleans, LA PURPOSE: ARTS/CULTURE | $6,447 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crystal Bridges Museum Of American Art Inc Bentonville, AR | $1,732,386,844 | $177,931,616 |
Dallas Museum Of Art Dallas, TX | $327,815,938 | $26,890,508 |
Menil Foundation Inc Houston, TX | $910,076,505 | $43,342,663 |
Amon Carter Museum Of Western Art Fort Worth, TX | $91,879,509 | $15,302,046 |
New Orleans Museum Of Art New Orleans, LA | $108,237,578 | $12,278,324 |
San Antonio Museum Of Art San Antonio, TX | $94,200,252 | $14,610,399 |
Nasher Sculpture Center Dallas, TX | $5,120,886 | $11,192,016 |
Mcnay Art Museum San Antonio, TX | $88,824,083 | $12,922,550 |
Nasher Foundation 101796 Forney, TX | $126,332,669 | $7,023,937 |
Contemporary Austin Museum Inc Austin, TX | $24,172,925 | $7,689,663 |
Mississippi Museum Of Art Inc Jackson, MS | $2,798,163 | $5,472,334 |
Chinati Foundation Marfa, TX | $22,539,497 | $3,562,112 |