Skip to content
Nonprofiteer
← LOUISIANA STATE UNIVERSITY AT ALEXANDRIA FOUNDATION

Form 990 for tax year 2024

Filed by LOUISIANA STATE UNIVERSITY AT ALEXANDRIA FOUNDATION.

Totals

Total revenue
$854,765
Total expenses
$877,278
Contributions and grants received
$782,399
Grants paid
$0
Program service revenue
$0
Investment income
$54,468
Other revenue
$17,898
Total assets, end of year
$7,197,504
Total liabilities, end of year
$60,649
Net assets or fund balances, end of year
$7,136,855
Program services expenses (Part IX)
$747,046
Management and general expenses
$130,232
Fundraising expenses
$0
Program service expenses (Part III)
$747,046

Program services were 85.2% 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

    $47,260

  • 1e · Government grants (contributions)

    $75,298

  • 1f · All other contributions, gifts and grants

    $659,841

  • 1g · Noncash contributions included above

    $165,125

  • 3 · Investment income

    total $54,468 · related or exempt $54,468

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $73,920

  • 8b · Fundraising events: direct expenses

    $56,022

  • 8c · Net income from fundraising events

    total $17,898 · excluded $17,898

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $17,400 · program services $17,400

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $27,000 · management and general $27,000

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $122,200 · program services $122,200

  • 23 · Insurance

    total $0

  • 24a · Other expenses: Staffing Services

    total $277,882 · program services $220,813 · management and general $57,069

  • 24b · Other expenses: Facilities Expense

    total $250,325 · program services $250,325

  • 24c · Other expenses: Events and programs

    total $136,308 · program services $136,308

  • 24d · Other expenses: Other Admin Expenses

    total $42,113 · management and general $42,113

  • 24e · All other expenses

    total $4,050 · management and general $4,050

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $198,337 · end of year $123,331

  • 2 · Savings and temporary cash investments

    beginning of year $155,961 · end of year $160,835

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $184,641 · end of year $314,554

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $714

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,604 · end of year $7,860

  • 10a · Land, buildings and equipment: cost or other basis

    $5,238,343

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,310,590

  • 10c · Land, buildings and equipment, net

    beginning of year $2,049,952 · end of year $1,927,753

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    beginning of year $184,639 · end of year $191,886

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $4,413,983 · end of year $4,470,571

  • 17 · Accounts payable and accrued expenses

    beginning of year $23,566 · end of year $15,352

  • 19 · Deferred revenue

    beginning of year $29,015 · end of year $35,596

  • 25 · Other liabilities

    beginning of year $5,138 · end of year $9,701

  • 27 · Net assets without donor restrictions

    beginning of year $6,811,502 · end of year $6,757,541

  • 28 · Net assets with donor restrictions

    beginning of year $329,896 · end of year $379,314

Mission and programs · 2024

Mission

Educate in order to advance the public's knowledge of and appreciation for the value of art as a source of beauty, inspiration, information and expression. To preserve, exhibit and promote visual art throughout Central Louisiana in a way that contributes to the quality of life.

  • Exhibits and classes offered for educational purposes, public awareness, and advancement of the arts.

    Expenses $747,046

As filed on the 2024 return.

Listed in Part VII

  • Claire Ratcliff

    Chair

    Total calculated
    $0
    Hours/week
    0
  • John Broderick

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Dr David Holcombe

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Dr Christine Ince

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Carmen Luneau

    Finance Chair

    Total calculated
    $0
    Hours/week
    0
  • Annie Collins

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Styphanie Duplissey

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Denise Ponseti

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Trayce Snow

    Chair-Elect

    Total calculated
    $0
    Hours/week
    0
  • Jason Gray

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Charlie White

    Past Chair

    Total calculated
    $0
    Hours/week
    0
  • Ingrid Johnson Esq

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Shonu Nangia

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Morgan Reese

    Board Member

    Total calculated
    $0
    Hours/week
    0
  • Paul Coreil

    Ex-Officio

    Total calculated
    $0
    Hours/week
    0
  • Kelly Pepper

    Ex-officio

    Total calculated
    $0
    Hours/week
    0

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
12 December 2025
IRS schema version
2024v5.2
Source object
202523469349300447

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.