Marlene Yu Museum
- Assets
- $66.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 01/2015
- Data as of
- 12/2021
- EIN
- 46-4049825
Organization Overview
Marlene Yu Museum is located in Shreveport, LA. The organization was established in 2015. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marlene Yu Museum 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, Marlene Yu Museum generated $4.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $4.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CONTINUED YU'S CATALOGUE RAISONNE TO DOCUMENT ONLINE AND PLANNED RENOVATIONS FOR PRESERVATION OF MARLENE YU'S ART.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Chow Director | 0.5 | $0 | |
Faustino Quintanilla Director | 0.5 | $0 | |
James Mann Director | 0.5 | $0 | |
Stephanie Lusk Director, President | 25 | $0 | |
James Yu Director | 25 | $0 | |
Marlene Yu Director | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,917 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,917 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,094 |
| Printing, publications, postage, and shipping | $783 |
| Other expenses | $267 |
| Total expenses | $4,144 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,884 |
| Other assets | $0 |
| Total assets | $66,673 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,673 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marlene Yu Museum has recieved totaling $5,118.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of North Louisiana Shreveport, LA PURPOSE: FOR GENERAL SUPPORT; FOR THREE SISTERS SUSTAINABLE URBAN FARM DISCOVERY; FOR GENERAL OPERATING FUNDS | $5,118 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Contemporary Arts Museum Houston Houston, TX | $15,488,500 | $3,325,689 |
Ohr-Okeefe Museum Of Art Inc Biloxi, MS | $40,136,750 | $2,525,884 |
San Angelo Museum Of Fine Arts San Angelo, TX | $11,754,792 | $1,281,698 |
Art Museum Of Southeast Texas Beaumont, TX | $8,826,448 | $1,080,089 |
Tyler Museum Of Art Tyler, TX | $8,357,948 | $542,491 |
Ellen Noel Art Museum Of The Permian Basin Odessa, TX | $12,466,514 | $1,781,950 |
A D Williams 6 Tr Uw 302857 Fbo Dallas, TX | $15,190,166 | $2,866,857 |
Umlauf Sculpture Garden & Museum Austin, TX | $988,490 | $1,284,250 |