The Ogden Museum Of Southern Art Inc
- Assets
- $9.9m
- Revenue
- $3.4m
- Investments
- $2.4m
- Employees
- 53
- Location
- New Orleans, LA
- Founding
- 05/2003
- Data as of
- 12/2020
- EIN
- 72-1479496
Organization Overview
The Ogden Museum Of Southern Art Inc is located in New Orleans, LA. The organization was established in 2003. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Ogden Museum Of Southern Art Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ogden Museum Of Southern Art Inc 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 12/2020, Ogden Museum Of Southern Art Inc generated $3.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO BROADEN THE UNDERSTANDING OF THE AMERICAN SOUTHERN ART AND CULTURE THROUGH ITS PERMANENT COLLECTIONS, CHANGING EXHIBITS, EDUCATIONAL PROGRAMS, AND PUBLICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Andrews Executive Museum Director | Officer | 40 | $248,862 |
Cleophus Thomas Jr Treasurer | OfficerTrustee | 1 | $0 |
Jessie Haynes Chairman | OfficerTrustee | 1 | $0 |
Geoffrey P Snodgrass Vice Chairman | OfficerTrustee | 1 | $0 |
Justin Woods Secretary | OfficerTrustee | 1 | $0 |
Ted Bloch III Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $315,914 |
| Related organizations | $0 |
| Government grants | $17,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,098,219 |
| Noncash contributions included in lines 1a–1f | $523,857 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,431,433 |
| Total Program Service Revenue | $691,875 |
| Investment income | $52,581 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $305 |
| Net Rental Income | $104,485 |
| Net Gain/Loss on Asset Sales | -$35,278 |
| Net Income from Fundraising Events | $97,917 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $36,478 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,382,497 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $249,459 |
| Other salaries and wages | $1,202,575 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,766 |
| Payroll taxes | $108,221 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $545,049 |
| Advertising and promotion | $63,248 |
| Office expenses | $48,038 |
| Information technology | $27,040 |
| Royalties | $0 |
| Occupancy | $102,906 |
| Travel | $6,512 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,431 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,243 |
| Insurance | $95,543 |
| All other expenses | $2,804 |
| Total functional expenses | $3,233,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $592,904 |
| Savings and temporary cash investments | $384,085 |
| Pledges and grants receivable | $1,823,044 |
| Accounts receivable, net | $153,277 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $115,392 |
| Prepaid expenses and deferred charges | $38,930 |
| Net Land, buildings, and equipment | $801,810 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,395,742 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,589,584 |
| Total assets | $9,894,768 |
| Accounts payable and accrued expenses | $103,813 |
| Grants payable | $0 |
| Deferred revenue | $79,453 |
| 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 | $170,580 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $407,400 |
| Total liabilities | $761,246 |
| Net assets without donor restrictions | $7,858,872 |
| Net assets with donor restrictions | $1,274,650 |
| 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 | $9,894,768 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that The Ogden Museum Of Southern Art Inc has recieved totaling $1,597,616.
| Awarding Organization | Amount |
|---|---|
Helis Foundation New Orleans, LA PURPOSE: SUPPORT OF GENERAL OPERATING EXPENSES, SUPPORT OF THE POYDRAS CORRIDOR SCULPTURE EXHIBITIONS AND OTHER EXHIBITIONS, AND LA RESIDENTS FREE ADMISSION DAYS | $806,815 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: ARTS/CULTURE | $332,306 |
Ogden Family Foundation New Orleans, LA PURPOSE: GENERAL GIVING | $267,874 |
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $100,000 |
The Maggiegeorge Foundation Denver, CO PURPOSE: ART MUSEUM SERVICES | $50,000 |
Urstadt Conservation Foundation Irrv Charitable Tr Bronxville, NY PURPOSE: FOR UNRESTRICTED USE | $20,000 |
Endowment Analysis
| Beg. Balance | $1,413,730 |
| Earnings | -$78,841 |
| Ending Balance | $1,334,889 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Witte Museum San Antonio, TX | $80,577,156 | $11,273,075 |
American Airpower Heritage Museum Inc Dallas, TX | $14,350,324 | $12,462,262 |
Fort Worth Museum Of Science And History Fort Worth, TX | $55,575,767 | $8,824,812 |
Holocaust Museum Houston Houston, TX | $41,860,555 | $7,348,837 |
Lady Lex Museum On The Bay Association Corpus Christi, TX | $13,577,755 | $8,975,317 |
Medal Of Honor Museum Foundation Arlington, TX | $99,959,490 | $88,628,383 |
Battleship Texas Foundation Inc Houston, TX | $9,923,977 | $4,711,164 |
Childrens Museum Of Northwestarkansas Bentonville, AR | $23,218,828 | $2,416,188 |
Southwest Dairy Museum Inc Sulphur Springs, TX | $6,816,069 | $3,600,738 |
The National Cowgirl Museum And Hall Of Fame Inc Fort Worth, TX | $20,935,740 | $2,359,164 |
The Ogden Museum Of Southern Art Inc New Orleans, LA | $9,894,768 | $3,382,497 |
Museum Of Discovery Little Rock, AR | $11,251,257 | $7,522,016 |