Louisiana Museum Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 825,142 | 985,427 | −160,285 | 44.4 | 27% |
| 2021 | 1,296,450 | 1,033,394 | 263,056 | 51.9 | 24% |
| 2022 | 3,109,070 | 2,397,029 | 712,041 | 23.2 | 15% |
| 2023 | 1,861,778 | 2,053,207 | −191,429 | 26.1 | 14% |
In its most recent public year (2023), this organization spent $191,429 more than it brought in. Its reserves stood at about 26.1 months of spending, down from 44.4 in 2020. Staff pay was 14% of spending. $2,729,532 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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