Laumeier Sculpture Park
- Assets
- $5.1m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 60
- Location
- St Louis, MO
- Founding
- 04/1978
- Data as of
- 12/2022
- EIN
- 43-1131429
Organization Overview
Laumeier Sculpture Park is located in St Louis, MO. The organization was established in 1978. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Laumeier Sculpture Park employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laumeier Sculpture Park 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 12/2022, Laumeier Sculpture Park generated $2.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE THE COMMUNITY IN ART AND NATURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURATORIAL LAUMEIER SCULPTURE PARK COMMISSIONS, COLLECTS, AND PRESERVES CONTEMPORARY ART WITH A FOCUS ON SCULPTURE THROUGHOUT ITS 105-ACRE CAMPUS. THE ART COLLECTION CONSISTS OF MORE THAN 70 LARGE-SCALE SCULPTURES ON VIEW OUTDOORS PLUS ADDITIONAL WORKS ON LOAN AND IN STORAGE. LAUMEIER ALSO PRESENTS TEMPORARY EXHIBITIONS BOTH INDOORS AND OUTDOORS THAT FEATURE LOCAL, NATIONAL, AND INTERNATIONAL ARTISTS. MORE THAN 350,000 ANNUAL VISITORS FROM AROUND THE GLOBE VISIT LAUMEIER FREE OF CHARGE TO ENJOY THE COMBINATION OF ART AND NATURE OFFERED THROUGH OUR EXHIBITIONS, EDUCATION, AND PUBLIC PROGRAMS.
EXHIBITSLAUMEIER PRESENTS A UNIQUE MIX OF PUBLIC PROGRAMS INSPIRED BY ART AND NATURE, MANY OF WHICH ARE FREE OR LOW COST. ONE OF THE MOST POPULAR PUBLIC PROGRAMS IS A 3-DAY ART FAIR THAT ATTRACTS MORE THAN 15,000 ATTENDEES AND SUPPORTS MORE THAN 150 ARTISTS, ENTERTAINERS, AND FOOD VENDORS. DISCOVER LAUMEIER GIVES THE PUBLIC A CHANCE TO PARTICIPATE IN HANDS-ON ARTMAKING FREE OF CHARGE AND LAUMEIER AFTER DARK ALLOWS VISITORS TO EXPLORE THE PARK AT NIGHT WHILE ENJOYING THE WORK OF ARTISTS WHOSE PRACTICE IS LIGHT-BASED. THREE IN-RESIDENCE ARTISTS ARE SELECTED ANNUALLY TO FURTHER ENGAGE THE COMMUNITY WITH SPECIAL PROJECTS AND PROGRAMS.
EDUCATIONLAUMEIER'S EDUCATION PROGRAMS SERVE LIFELONG LEARNERS THROUGH CLASSES, WORKSHOPS, CAMPS, SCHOOL FIELD TRIPS, COMMUNITY PROGRAMS AND PRINTED PUBLICATIONS. THESE PROGRAMS ENGAGE MORE THAN 200 ARTISTS AND ART EDUCATORS EACH YEAR. OUR EDUCATION VISION IS FOR A GLOBAL COMMUNITY WHERE CURIOSITY, EXPLORATION, CREATIVITY, INNOVATION, AND COLLABORATION ARE THE CATALYSTS FOR SPARKING VIBRANT EXCHANGE BETWEEN ARTISTS, EDUCATORS, AND LEARNERS OF ALL AGES AND BACKGROUNDS. THROUGH THIS EXCHANGE WE UNLOCK THE POWER OF ART AND NATURE, INCLUDING ITS ABILITY FOR PERSONAL RESTORATION AND GROWTH AS WELL AS ITS BROADER IMPACT ON LOCAL, NATIONAL, AND INTERNATIONAL ISSUES.
PUBLIC PROGRAMSLAUMEIER SCULPTURE PARK IS AN ACCREDITED MUSEUM AND PUBLIC PARK. THE INSTITUTION PROVIDES A BROAD SPECTRUM OF CULTURALLY ENRICHING ACTIVITIES FOR COMMUNITY MEMBERS AND GUESTS FROM AROUND THE GLOBE TO ENJOY EACH YEAR. PRESENTING A UNIQUE MIX OF ART AND NATURE, LAUMEIER ANNUALLY HOSTS ART FAIR AND MANY OTHER PUBLIC PROGRAMS. THESE PROGRAMS PROVIDE THE PUBLIC OPPORTUNITIES TO PARTICIPATE IN THE COMMUNITY AND FURTHER DEVELOP THEIR APPRECIATION FOR ART AND NATURE BY EXPERIENCING IT IN TANDEM WITH THE RESPECTIVE PROGRAM OFFERINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Sheridan Chair | OfficerTrustee | 2 | $0 |
Stephanie Copp Martinez Treasurer | OfficerTrustee | 2 | $0 |
Alison Ferring Vice President (resigned 2/22) | OfficerTrustee | 1 | $0 |
Kerrin Kowach Secretary | OfficerTrustee | 1 | $0 |
Claude E Bond IV Director | Trustee | 0.5 | $0 |
Tom Byrne Director (resigned 12/22) | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $90,072 |
| Related organizations | $0 |
| Government grants | $1,051,523 |
| All other contributions, gifts, grants, and similar amounts not included above | $462,262 |
| Noncash contributions included in lines 1a–1f | $61,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,603,857 |
| Total Program Service Revenue | $593,780 |
| Investment income | $48,585 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$48,851 |
| Net Gain/Loss on Asset Sales | -$20,031 |
| Net Income from Fundraising Events | -$52,678 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,712 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,157,581 |
| 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. | $139,633 |
| Compensation of current officers, directors, key employees. | $34,908 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $518,315 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $61,644 |
| Payroll taxes | $64,392 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $410 |
| Fees for services: Accounting | $72,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,481 |
| Fees for services: Other | $263,607 |
| Advertising and promotion | $72,174 |
| Office expenses | $210,650 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,489 |
| Travel | $13,843 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $29,837 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,857 |
| Insurance | $28,101 |
| All other expenses | $584,781 |
| Total functional expenses | $2,124,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $831,132 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $232,833 |
| Accounts receivable, net | $42,730 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $42,000 |
| Prepaid expenses and deferred charges | $33,857 |
| Net Land, buildings, and equipment | $2,159,030 |
| Investments—publicly traded securities | $1,731,464 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,073,046 |
| Accounts payable and accrued expenses | $178,318 |
| Grants payable | $0 |
| Deferred revenue | $20,679 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,297,681 |
| Secured mortgages and notes payable | $198,354 |
| Unsecured mortgages and notes payable | $23,824 |
| Other liabilities | $0 |
| Total liabilities | $1,718,856 |
| Net assets without donor restrictions | $1,413,976 |
| Net assets with donor restrictions | $1,940,214 |
| 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 | $5,073,046 |