2013-04-01T18:10:21-05:00 2012-06-30 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD SUITE 60 METAIRIE LA 700054958 990 2011-07-01 720954712 LOUISIANA MUSEUM FOUNDATION LOUI 5045580493 1000 BOURBON STREET B429 NEW ORLEANS LA 70116 SUSAN H MACLAY 5045580493 2013-04-01 1 AMY E WALTERS CPA CCIFP P01078383 5048355522 2011 2016-02-25 16:41:14Z SUSAN H MACLAY 1000 BOURBON STREET B429 NEW ORLEANS LA 70116 924580 0 X WWW.THELMF.ORG X 1981 LA FOUNDED IN 1981, THE LOUISIANA MUSEUM FOUNDATION (LMF) IS A 501(C)(3) CHARITABLE ORGANIZATION WHOSE MISSION IS TO PRESERVE AND PROMOTE LOUISIANA'S HISTORY AND CULTURE BY ADMINISTERING GIFTS, GRANTS, AND CONTRIBUTIONS FOR THE LOUISIANA STATE MUSEUM, BY ASSISTING THE MUSEUM IN RAISING FUNDS AND BY MARKETING THE MUSEUM'S PROGRAMS AND SERVICES. 34 34 8 55 0 0 1107297 842000 0 0 -56313 48133 -102809 -38063 948175 852070 0 0 0 0 179542 241046 0 0 17473 1737755 495382 1917297 736428 -969122 115642 2341950 2453785 4024 9929 2337926 2443856 X FOUNDED IN 1981, THE LOUISIANA MUSEUM FOUNDATION (LMF) IS A 501(C)(3) CHARITABLE ORGANIZATION WHOSE MISSION IS TO PRESERVE AND PROMOTE LOUISIANA'S HISTORY AND CULTURE BY ADMINISTERING GIFTS, GRANTS, AND CONTRIBUTIONS FOR THE LOUISIANA STATE MUSEUM, BY ASSISTING THE MUSEUM IN RAISING FUNDS AND BY MARKETING THE MUSEUM'S PROGRAMS AND SERVICES. 0 0 296547 EXHIBITION SUPPORT: IN THE 2011-2012 FISCAL YEAR LMF HELPED TO FUND AND/OR ADMINISTER FUNDING FOR SEVEN LSM EXHIBITIONS IN THREE LOUISIANA CITIES:1.LIVING WITH HURRICANES: KATRINA AND BEYOND (NEW ORLEANS) -- $136,518.722.NEW ORLEANS BOUND 1812: THE STEAMBOAT THAT CHANGED AMERICA (NEW ORLEANS)-- $6,402.26 3.LOUISIANA SPORTS HALL OF FAME MUSEUM (NATCHITOCHES)-- $14,879.49 4.OUR LOUISIANA: CELEBRATING 200 YEARS OF STATEHOOD (BATON ROUGE)-- $40,327.475.MIGNON FAGET: A LIFE IN ART AND DESIGN (BATON ROUGE)-- $35,882.626.PRESERVATION HALL AT 50: CELEBRATING JAZZ (NEW ORLEANS)-- $32,486.027.RACE: ARE WE SO DIFFERENT? (NEW ORLEANS)-- $20,000 195870 MUSEUM MARKETING AND LMF STAFF SUPPORT OF LSM PROGRAMMING: IN THE 2011-2012 FISCAL YEAR THE LOUISIANA MUSEUM FOUNDATION (LMF) PRODUCED "PRESERVATION HALL AT 50: CELEBRATING JAZZ," A MARKETING EVENT TO OPEN AN EXHIBITION AND TO DEBUT THE MUSEUM'S NEW PERFORMANCE VENUE IN NEW ORLEANS' OLD U.S. MINT. THE EVENT ATTRACTED ABOUT 750 MUSEUM SUPPORTERS AND GROSSED OVER $300,000. LMF STAFF SUPPORT OF LSM PROGRAMMING WAS ALSO PROVIDED THROUGH THE AGENCY'S GRANTWRITING PROGRAM WHICH GENERATED FUNDING FOR VARIOUS MUSEUM PROJECTS. LMF SECURED FUNDING TO MARKET "MUSIC, MOVIES AND MORE AT THE MINT," A FILM AND PERFORMING ARTS SERIES THAT DEBUTED IN THE NEW VENUE AFTER ITS OPENING IN NOVEMBER 2011, AND LMF CONTINUES TO SELL TICKETS AND STAFF CONCESSIONS TABLES FOR PROGRAMMING AT THE MINT, AND ADMINISTERS ALL FUNDING AND PROGRAM PARTNERING AGREEMENTS FOR THE FUNCTIONS. 48040 IN THE 2011-2012 FISCAL YEAR, LMF PROVIDED FUNDING TO LSM FOR COLLECTIONS CARE. THE MUSEUM'S PRIMARY CONSERVATION PROJECTS IN 2011-2012 WERE TO DIGITIZE SEVEN FILMS FROM 1970, FROM ITS INTERNATIONALLY RENOWNED JAZZ COLLECTION AND TO DIGITIZE AND E-PUBLISH FRENCH AND SPANISH DOCUMENTS FROM ITS COLONIAL DOCUMENTS ARCHIVE. 55838 OTHER VARIOUS PROGRAM SERVICES 55838 596295 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 31 0 1 8 1 0 0 0 0 0 1 1 0 0 0 0 X 34 34 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SUSAN MACLAY 5045580493 632 DUMAINE STREET NEW ORLEANS LA 70116 HERSCHEL L ABBOTT JR 0.20 X 0 0 0 E TIFFANY ADLER 0.20 X 0 0 0 LOUELLAN A BERGER 0.20 X 0 0 0 G ANTHONY GELDERMAN III 0.20 X 0 0 0 GARY H BREWSTER 1.00 X 0 0 0 J STOREY CHARBONNET 1.00 X 0 0 0 ELIZABETH W HEFLER 0.20 X 0 0 0 LAURA E BYRD 0.30 X 0 0 0 EDWARD W BENJAMIN 0.10 X 0 0 0 DANA M HANSEL 4.00 X X 0 0 0 PAUL M HAYGOOD 0.50 X 0 0 0 WILLIAM H HINES 0.10 X 0 0 0 JOY NALTY HODGES 0.20 X 0 0 0 ANASTASIA W MOUTON 0.20 X 0 0 0 ROBERT J PATRICK 0.20 X 0 0 0 MELISSA D STEINER 1.00 X 0 0 0 RANSDELL GRACE PRIEUR 0.20 X 0 0 0 ANNE F REDD 2.00 X X 0 0 0 TIA NOLAN RODDY 0.20 X 0 0 0 ALEXANDER A SHESHUNOFF 2.00 X X 0 0 0 ALMA A SLATTEN 2.00 X 0 0 0 JULIE F BREITMEYER 2.50 X 0 0 0 RALPH O BRENNAN 1.50 X 0 0 0 E RALPH LUPIN MD 0.10 X 0 0 0 MARY F POLLARD 0.20 X 0 0 0 ANNE B REILY 0.10 X 0 0 0 THOMAS P WESTERVELT 1.50 X 0 0 0 PHILIP M WOOLLAM 2.00 X 0 0 0 DOROTHY M CLYNE 2.00 X 0 0 0 HENRY M LAMBERT 0.10 X 0 0 0 SCOTT HOWARD 0.20 X 0 0 0 LEO MARSH 0.20 X 0 0 0 FRANCIS RIVERS LELONG JR 5.00 X X 0 0 0 MARIAN G CUNNINGHAM 0.80 X 0 0 0 SUSAN H MACLAY 40.00 X 77817 0 0 77817 0 0 0 0 0 0 0 103090 210700 101554 426656 842000 48133 48133 33911 210700 72510 -38599 -38599 MISCELLANEOUS 900099 536 536 536 852070 0 0 10070 77816 50132 22063 5621 131784 84900 37365 9519 14882 9079 4690 1113 16564 10687 4661 1216 2026 2026 20256 11637 8619 161430 150959 10471 8770 8530 240 48138 44695 3443 72149 69307 2842 1400 1400 11157 8164 2989 4 11491 804 10687 11873 11873 2084 1105 979 EXHIBITS 86598 86598 CONSERVATION 21134 21134 EVENT EXPENSE 18434 18434 GENERAL EDUCATIONAL PRO 8587 8587 9855 8117 1738 736428 596295 122660 17473 504826 601802 48533 27344 3815 6567 100944 86243 20279 14701 1764497 1803371 2341950 2453785 4024 9929 4024 9929 X 953235 924034 1384691 1519822 2337926 2443856 2341950 2453785 X 115642 -9712 X X 0 1 1 X 0 X 1719363 1404185 1101052 1107297 835264 6167161 1719363 1404185 1101052 1107297 835264 6167161 66281 6100880 185336 155901 72933 44706 48133 507009 7703 3112 198 244 536 11793 6685963 0.91250 0.87970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1553264 33739 13137 1573866 2018356 334908 800000 1553264 1790591 229275 1510 2018356 2084365 -293774 1790591 0.24790 0.75210 0 0 100944 86243 14701 14701 852070 736428 115642 -2976 -6736 -9712 105930 914868 -2976 72510 69534 845334 6736 6736 852070 808938 72510 72510 736428 0 736428 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE MUSEUM ENDOWMENT FUND WAS CREATED BY THE BOARD TO ACCUMULATE $3,000,000 FOR MUSEUM SUPPORT. REVENUE AND OTHER SUPPORT FOR THE FUND CONSIST OF CONTRIBUTIONS, INVESTMENT INCOME, AND TRANSFER OF EXCESS FUNDS FROM OTHER RESTRICTED OR UNRESTRICTED FUNDS AS THE BOARD AUTHORIZES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION FOLLOWS THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. ALL TAX RETURNS HAVE BEEN APPROPRIATELY FILED BY THE FOUNDATION. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. THE FOUNDATION'S TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE FOUNDATION'S OPEN AUDIT PERIODS ARE 2009 THROUGH 2011. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITION AND CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 8 - OTHER ADJUSTMENTS: GOVERNMENT GRANTS INCLUDED ON RETURN -6,736. PART XII, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSES - $72,510 PART XII, LINE 4B - OTHER ADJUSTMENTS: GOVERNMENT GRANTS INCLUDED ON RETURN PART XIII, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSES - $72,510 GALA 244611 210700 33911 2881 6845 7373 55410 244611 210700 33911 2881 6845 7373 55410 72509 -38598 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBER, RIVERS LELONG, JR., IS AN EMPLOYEE IN A LAW FIRM WHERE BOARD MEMBER, WILLIAM HINES, IS A PARTNER. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE OF THE BOARD NOMINATES NEW MEMBERS. THE FOUNDATION HOLDS AN ANNUAL MEETING OF THE MEMBERSHIP. AT THIS MEETING, NEW BOARD MEMBERS ARE ELECTED BY THE MEMBERSHIP BY A VOTE OF YAY OR NAY. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS PREPARED BY THE FOUNDATION'S CPA FIRM BASED ON INFORMATION PROVIDED TO THEM FROM THE FOUNDATION. ONCE COMPLETE, THE RETURN IS REVIEWED BY THE FINANCE MANAGER, EXECUTIVE DIRECTOR, AND THE BOARD TREASURER. AFTER ALL, IF ANY, QUESTIONS HAVE BEEN RESOLVED, THE RETURN IS SENT TO ALL MEMBERS OF THE BOARD FOR REVIEW BEFORE IT IS FILED. THE RETURN IS SIGNED BY THE EXECUTIVE DIRECTOR AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS ADDRESSED AT QUARTERLY BOARD MEETINGS. A CONFLICT OF INTEREST PLEDGE FORM IS SIGNED ANNUALLY BY BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION SUBMITS CURRENT YEAR OPERATING BUDGET TO THE FINANCE COMMITTEE. ONCE THE FINANCE COMMITTEE HAS REVIEWED IT AND PROVIDED INPUT, THE ANNUAL BUDGET THEN GOES TO EITHER THE EXECUTIVE COMMITTEE OR TO THE FULL BOARD FOR REVIEW AND APPROVAL. IN THE ANNUAL BUDGET THERE IS USUALLY A COST-OF LIVING ALLOWANCE INCREASE IN SALARIES AND BENEFITS INCLUDED IN THE BUDGET, TYPICALLY 1.5-3%, IF THE ORGANIZATION'S INCOME IS SUFFICIENT. AGAIN, ONLY IF THE ORGANIZATION'S INCOME IS SUFFICIENT AND IF WARRANTED, THERE MAY BE ADDITIONAL INCREASES OR BONUSES. THE FINANCE COMMITTEE RESEARCHES COMPARATIVE SALARIES TO HELP DETERMINE AND SET COMPENSATION AMOUNTS. IF THE EXECUTIVE COMMITTEE APPROVES THE BUDGET, IT IS THEN PRESENTED TO THE WHOLE BOARD THOUGH THE WHOLE BOARD DOES NOT NEED TO APPROVE THE BUDGET IF THE EXECUTIVE COMMITTEE HAS ALREADY DONE SO. IF INCREASES ARE BEING GRANTED, IT IS CLEARLY STATED IN THE PERTINENT BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -2,976. GOVERNMENT GRANTS INCLUDED ON RETURN -6,736. TOTAL TO FORM 990, PART XI, LINE 5: -9,712. FORM 990, PART XI, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.