Totals
- Total revenue
- $876,498
- Total expenses
- $1,377,091
- Contributions and grants received
- $980,177
- Grants paid
- $0
- Program service revenue
- $25,000
- Investment income
- $8,998
- Other revenue
- -$137,677
- Total assets, end of year
- $1,331,511
- Total liabilities, end of year
- $46,101
- Net assets or fund balances, end of year
- $1,285,410
- Program services expenses (Part IX)
- $901,993
- Management and general expenses
- $438,284
- Fundraising expenses
- $36,814
- Program service expenses (Part III)
- $901,993
Program services were 65.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$11,650
-
1e · Government grants (contributions)
$62,637
-
1f · All other contributions, gifts and grants
$905,890
-
2a · Program service revenue: Artwork Sales
total $25,000 · unrelated business $0 · excluded $0
-
3 · Investment income
total $8,998 · unrelated business $0 · excluded $8,998
-
8a · Fundraising events: gross income
$49,000
-
8b · Fundraising events: direct expenses
$215,234
-
8c · Net income from fundraising events
total -$166,234 · unrelated business $0 · excluded -$166,234
-
10a · Gross sales of inventory
$7,192
-
10b · Cost of goods sold
$6,240
-
10c · Net income from sales of inventory
total $952 · related or exempt $952
-
11a · Other revenue: Other Income
total $27,605 · related or exempt $27,605 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$27,605
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $342,859 · program services $85,843 · management and general $257,016 · fundraising $0
-
8 · Pension plan contributions
total $2,894 · program services $0 · management and general $2,894 · fundraising $0
-
9 · Other employee benefits
total $19,747 · program services $4,894 · management and general $14,853 · fundraising $0
-
10 · Payroll taxes
total $22,915 · program services $6,438 · management and general $16,477 · fundraising $0
-
11g · Fees: other
total $284,079 · program services $207,538 · management and general $76,541 · fundraising $0
-
12 · Advertising and promotion
total $26,853 · program services $26,853 · management and general $0 · fundraising $0
-
13 · Office expenses
total $3,901 · program services $0 · management and general $3,901 · fundraising $0
-
16 · Occupancy
total $29,694 · program services $15,391 · management and general $11,167 · fundraising $3,136
-
17 · Travel
total $129,817 · program services $70,971 · management and general $25,168 · fundraising $33,678
-
20 · Interest
total $112 · program services $0 · management and general $112 · fundraising $0
-
23 · Insurance
total $27,462 · program services $11,424 · management and general $16,038 · fundraising $0
-
24a · Other expenses: Fine Art Shipping
total $184,315 · program services $184,315 · management and general $0 · fundraising $0
-
24b · Other expenses: Artwork Production
total $288,326 · program services $288,326 · management and general $0 · fundraising $0
-
24c · Other expenses: Misc
total $14,117 · program services $0 · management and general $14,117 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $933,237 · end of year $215,923
-
3 · Pledges and grants receivable
beginning of year $245,028 · end of year $124,456
-
8 · Inventories for sale or use
beginning of year $225,000 · end of year $225,000
-
9 · Prepaid expenses and deferred charges
beginning of year $4,139
-
10a · Land, buildings and equipment: cost or other basis
$53,878
-
10b · Land, buildings and equipment: accumulated depreciation
$47,264
-
10c · Land, buildings and equipment, net
beginning of year $6,614 · end of year $6,614
-
11 · Investments: publicly traded securities
beginning of year $499,482 · end of year $758,480
-
15 · Other assets
beginning of year $1,038 · end of year $1,038
-
17 · Accounts payable and accrued expenses
beginning of year $149,237 · end of year $46,101
-
27 · Net assets without donor restrictions
beginning of year $1,365,301 · end of year $430,410
-
28 · Net assets with donor restrictions
beginning of year $400,000 · end of year $855,000
Mission and programs · 2022
Mission
Prospect New Orleans is a citywide contemporary art triennial. Every three years, we bring new art to an old city by inviting artists from all over the world to create projects in a wide variety of venues spread throughout New Orleans. Each iteration of Prospect is organized by a leading voice in the curatorial field. For residents and visitors alike, Prospect is an invitation to experience the city through the eyes of artists.
-
Prospect.5: Yesterday we said tomorrow is the fifth edition of Prospect New Orleans, a citywide art exhibition. Inspired by New Orleans jazz musician Christian Scott aTunde Adjuahs 2010 album Yesterday You Said Tomorrow, the title of the exhibition centers the unspoken present, the place where past and future come together, and where other courses of action become possible. The exhibition title also implies the deferral of meaningful change, which often comes slowly or not at all. The artists and ideas that define this exhibition confront this truth, and the stark realities of history, but also suggest that we might yet plot a different future.
Expenses $745,306
-
Artists of Public Memory: Artists of Public Memory is a new public art commission that invites Louisiana artists to share their visions of how monuments and collective memories can appear and function in our landscape, society, and public space. This initiative marks the first time Prospect has invited Louisiana-based curators and cultural organizations to nominate artists for a public art commission. Distinct from Prospect.6, which is scheduled to open in Fall 2024, Artists of Public Memory represents a key part of Prospects commitment to having a broader presence in New Orleans that extends beyond the parameters of the triennial exhibition.
Expenses $156,687
As filed on the 2022 return.
Listed in Part VII
-
Christopher J Alfieri
President
- Total calculated
- $0
- Hours/week
- 5
-
Michael Wilkinson
Vice President
- Total calculated
- $0
- Hours/week
- 5
-
Allison Kendrick
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Staci Rosenberg
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Susan Gore Brennan
Director
- Total calculated
- $0
- Hours/week
- 5
-
Shawn M Barney
Director
- Total calculated
- $0
- Hours/week
- 5
-
Abhishek Bhansali
Director
- Total calculated
- $0
- Hours/week
- 5
-
Vivian Cahn
Director
- Total calculated
- $0
- Hours/week
- 5
-
Julie Dokell Cogan
Director
- Total calculated
- $0
- Hours/week
- 5
-
William A Fagaly
Director
- Total calculated
- $0
- Hours/week
- 5
-
Beth Lambert
Director
- Total calculated
- $0
- Hours/week
- 5
-
Deborah Luster
Director
- Total calculated
- $0
- Hours/week
- 5
-
Dawn Dedeaux
Director
- Total calculated
- $0
- Hours/week
- 5
-
Gregory Morey
Director
- Total calculated
- $0
- Hours/week
- 5
-
Judith Oudt
Director
- Total calculated
- $0
- Hours/week
- 5
-
Jane Steiner
Director
- Total calculated
- $0
- Hours/week
- 5
-
Charles Urstadt
Director
- Total calculated
- $0
- Hours/week
- 5
-
David Workman
Director
- Total calculated
- $0
- Hours/week
- 5
-
Arthur Lewis
Director
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349323000
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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