Rivers Institute
- Assets
- $350.5k
- Revenue
- $777.5k
- Investments
- $0.0
- Employees
- 4
- Location
- New Orleans, LA
- Founding
- Data as of
- 12/2023
- EIN
- 84-2899785
Organization Overview
Rivers Institute, operating under the name Rivers Institute For Contemporary Ar, is located in New Orleans, LA. 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 12/2023, Rivers Institute For Contemporary AR employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rivers Institute For Contemporary AR 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 12/2023, Rivers Institute For Contemporary AR generated $777.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 50.0% each year . All expenses for the organization totaled $684.8k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RIVERS INSTITUTE FOR CONTEMPORARY ART & THOUGHT (RIVERS) IS A NON-PROFIT INSTITUTE, SUPPORTING ARTISTS OF THE GLOBAL DIASPORA. FOUNDED IN NEW ORLEANS IN 2019, RIVERS RECOGNIZES ART AS FORMS OF DIASPORA, SHAPED BY GEOGRAPHIC, SOCIAL, POLITICAL, ENVIRONMENTAL, AND ECONOMIC HISTORIES. FROM A CULTURAL LANDSCAPE PREDICATED UPON AND CONSIGNED TO A FUTURE OF MIGRATION, WE WORK TO CONNECT THE DEPTH OF KNOWLEDGE FOUND IN NEW ORLEANS WITH ARTISTS AND SCHOLARS WORKING ACROSS THE GLOBE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023 RIVERS INSTITUTE (RIVERS) INCREASED ITS SUPPORT OF ARTISTS OF THE GLOBAL DIASPORA BOTH THROUGH RESEARCH INITIATIVES AND THE PUBLICATION OF ARTIST'S WORK AS EXHIBITIONS AND BOOKS. OUR BEDROCK RESEARCH PROGRAM, THE AMISTAD-RIVERS ARTIST RESEARCH RESIDENCY, CONFLUENCE CONVENING, AND THE PREPARED TABLE OFFERED ON-GOING OPPORTUNITIES FOR SHARED ENGAGEMENT WITH THE AMISTAD ARCHIVES AND INTIMATE EXCHANGE BETWEEN ARTISTS LIVING LOCALLY AND ACROSS THE GLOBE. RIVERS ALSO CELEBRATED THE CONCLUSION OF OUR EXHIBITIONS, YTO BARRADA: WAYS TO BAFFLE THE WIND (MASS MOCA) AND TROY MONTES-MITCHIE: ROCK OF EYE (CAMH) AND THE OPENING OF EXHIBITION HELEN CAMMOCK: I WILL KEEP MY SOUL IN LOS ANGELES & NEW ORLEANS, TIMED WITH THE WORLDWIDE RELEASE OF THE EPONYMOUS ARTIST'S BOOK CO-PUBLISHED BY RIVERS AND SIGLIO PRESS. IN THE FULL CYCLE OF OUR ORGANIZATION, WE ALSO BEGAN FRESH RESEARCH WITH OUR NEWEST ARTISTS IN RESIDENCE, ALIA FARID AND LEYLA MCCALLA. THROUGHOUT, RIVERS CONTINUED OUR RIGOROUS RESEARCH AND DEVELOPMENT OF THE POSTHUMOUS RETROSPECTIVE, TINA GIROUARD: SIGN-IN, OPENING IN 2024.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Hawf Chairperson | OfficerTrustee | 1 | $0 |
Julia Vlock Treasurer | OfficerTrustee | 1 | $0 |
Ayesha Williams Secretary | OfficerTrustee | 1 | $0 |
Pia Ehrhardt Board Member | Trustee | 1 | $0 |
Ben Sontheimer Board Member | Trustee | 1 | $0 |
Gardy St Fleur Board Member | Trustee | 1 | $0 |
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 | $772,442 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $772,442 |
| Total Program Service Revenue | $5,093 |
| Investment income | $0 |
| 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 | $777,535 |
| 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 | $0 |
| Other salaries and wages | $334,167 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,960 |
| Payroll taxes | $21,948 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,410 |
| Fees for services: Accounting | $6,550 |
| 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 | $7,918 |
| Information technology | $7,934 |
| Royalties | $0 |
| Occupancy | $20,490 |
| Travel | $40,419 |
| 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 | $0 |
| Insurance | $1,614 |
| All other expenses | $26,175 |
| Total functional expenses | $684,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $350,480 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $350,480 |
| Accounts payable and accrued expenses | $7,789 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,789 |
| Net assets without donor restrictions | -$5,983 |
| Net assets with donor restrictions | $348,674 |
| 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 | $350,480 |