Civic Intelligence

Press Street

EIN 20-5154240 • 501(c)3 • New Orleans, LA

Profile

Press Street is committed to being a vital participant in the life of New Orleans by creating and supporting artist- and writer- driven programs- including exhibitions, events, publications, and arts education.

3718 St Claude AveNew Orleans, LA 70117

press-street.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.83x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

1.88x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

13th percentile

-23%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

79th percentile

$12,890

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

12th percentile

-14%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-68%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$1,069,831

Down $167,239 (-14%) from 2022

Liabilities

Up

$889,950

Up $456,391 (+105%) from 2022

Net Assets

Down

$179,881

Down $623,630 (-78%) from 2022

Operations
Liabilities / Revenue92nd percentileNet Margin13th percentile

Revenue

Down

$473,482

Down $997,767 (-68%) from 2022

Expenses

Down

$583,557

Down $1,085,563 (-65%) from 2022

Net Income

Up

-$110,075

Up $87,796 (+44%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $34,109Liabilities 2011: $0Net Assets 2011: $34,1092011Assets 2012: $26,686Liabilities 2012: $0Net Assets 2012: $26,6862012Assets 2013: $19,159Liabilities 2013: $0Net Assets 2013: $19,1592013Assets 2014: $93,604Liabilities 2014: $65,419Net Assets 2014: $28,1852014Assets 2015: $165,079Liabilities 2015: $74,195Net Assets 2015: $90,8842015Assets 2016: $170,063Liabilities 2016: $82,139Net Assets 2016: $87,9242016Assets 2017: $239,963Liabilities 2017: $82,148Net Assets 2017: $157,8152017Assets 2018: $518,567Liabilities 2018: $171,474Net Assets 2018: $347,0932018Assets 2019: $403,711Liabilities 2019: $12,145Net Assets 2019: $391,5662019Assets 2020: $943,894Liabilities 2020: $73,237Net Assets 2020: $870,6572020Assets 2021: $1,128,807Liabilities 2021: $500,000Net Assets 2021: $628,8072021Assets 2022: $1,237,070Liabilities 2022: $433,559Net Assets 2022: $803,5112022Assets 2023: $1,069,831Liabilities 2023: $889,950Net Assets 2023: $179,8812023

Highlighted filing

2023

Assets$1,069,831
Liabilities$889,950
Net Assets$179,881
Open 2023 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $115,310Expenses 2011: $90,969Net Income 2011: $24,3412011Revenue 2012: $42,291Expenses 2012: $49,714Net Income 2012: -$7,4232012Revenue 2013: $138,654Expenses 2013: $146,181Net Income 2013: -$7,5272013Revenue 2014: $306,020Expenses 2014: $224,650Net Income 2014: $81,3702014Revenue 2015: $263,603Expenses 2015: $200,904Net Income 2015: $62,6992015Revenue 2016: $272,893Expenses 2016: $277,219Net Income 2016: -$4,3262016Revenue 2017: $526,026Expenses 2017: $456,135Net Income 2017: $69,8912017Revenue 2018: $873,454Expenses 2018: $850,816Net Income 2018: $22,6382018Revenue 2019: $1,432,121Expenses 2019: $1,387,648Net Income 2019: $44,4732019Revenue 2020: $2,054,747Expenses 2020: $1,523,034Net Income 2020: $531,7132020Revenue 2021: $1,206,198Expenses 2021: $1,457,804Net Income 2021: -$251,6062021Revenue 2022: $1,471,249Expenses 2022: $1,669,120Net Income 2022: -$197,8712022Revenue 2023: $473,482Expenses 2023: $583,557Net Income 2023: -$110,0752023

Highlighted filing

2023

Revenue$473,482
Expenses$583,557
Net Income-$110,075
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,069,831
Liabilities
$889,950
Net assets
$179,881
Revenue
$473,482
Expenses
$583,557
Net income
-$110,075
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.07$0.89$0.18$0.47$0.58$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.24$0.43$0.80$1.47$1.67$0.20
2021Detailed filing. Detailed filing data is available for this year.$1.13$0.50$0.63$1.21$1.46$0.25
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.07$0.87$2.05$1.52$0.53
2019Detailed filing. Detailed filing data is available for this year.$0.40$0.01$0.39$1.43$1.39$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.17$0.35$0.87$0.85$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.08$0.16$0.53$0.46$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.08$0.09$0.27$0.28$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.07$0.09$0.26$0.20$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.07$0.03$0.31$0.22$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.14$0.15$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.04$0.05$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.12$0.09$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Jun 30, 2023
Signed
May 10, 2023
Return Version
2022v5.0
Gross Receipts
$473,482
Mission and Program Overview

Mission

Press Street is committed to being a vital participant in the life of New Orleans by creating and supporting artist and writer driven programs including exhibitions, events, publicaitons, and arts education.

Antenna is a multidisciplinary cultural institution presenting exhibitions, public programs, publishing, and regranting located in New Orleans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$480,000$540,000▲ $60,000
Cash and Non-Interest-Bearing Accounts$649,714$370,116▼ $279,598
Accounts Receivable$101,770$158,809▲ $57,039
Total Assets$1,237,070$1,069,831▼ $167,239
Other Assets Total$5,586$906▼ $4,680
Liabilities
Unsecured Notes Loans Payable$432,000$877,544▲ $445,544
Accounts Payable and Accrued Expenses$1,559$12,406▲ $10,847
Total Liabilities$433,559$889,950▲ $456,391
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$803,511$179,881▼ $623,630
Total Net Assets Fund Balance$803,511$179,881▼ $623,630
Total Liabilities and Net Assets / Fund Balance$1,237,070$1,069,831▼ $167,239

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$540,000--
Compensation and Service Providers
Top Officer Pay79th percentile

Board Members and Trustees

NameTitle
Cherie TeamerChair
Ursa EyerVice Chair
James GoedertDirector
Laura GipsonSecretary
AnnieLaurie EricksonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$394,632
Program Service Revenue
$78,549
Investment Income
$301
Other Revenue
$0
All Other Contributions
$374,632
Change in Net Assets
$-110,075
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$195,966
Other Expenses$194,579
Grants and Similar Amounts Paid$193,012
Total Fundraising Expense$42,400
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$193,012--$193,012
Other Salaries and Wages$97,112$37,500$28,600$163,212
Fees for Services Other$38,690$7,337$484$46,511
Occupancy$17,234$15,227$0$32,461
Other Expenses$20,100$0$2,050$22,150
Other Employee Benefits$13,512$3,378$3,378$20,268
All Other Expenses$7,158$6,053$3,623$16,834
Payroll Taxes$7,429$2,869$2,188$12,486
Interest$0$10,971$0$10,971
Information Technology$282$5,020$748$6,050
Office Expenses$402$1,429$558$2,389
Insurance$567$1,238$113$1,918
Travel$824$26$0$850
Advertising$30$10$0$40
Total Functional Expenses$449,817$91,340$42,400$583,557
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Antenna
EIN
20-5154240
Phone
5043856660
Address
3718 St Claude Ave, New Orleans, LA 70117

Signing Officer

Name
Carole Lung
Title
Executive Director
Phone
5043856660
Signed
2023-05-10
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
0

Preparer

Firm
Hymel & Ready Apac
Address
9527 JEFFERSON HIGHWAY, RIVER RIDGE, LA 70123
Preparer
Aaron Ready
Phone
5045985253
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“990 is approved by the board at a regular board meeting.”

Pt VI, Line 19

“All policies, governing documents, and financial records are provided to board members, employees, and volunteers in the form of an organization handbook, which is made available to the public upon request.”

Form 990, Part III, Line 4D

“Exhibitions: The Antenna Collective supports the 3718 gallery exhibition schedule includes: Louisiana and 55060. 0. 0.”

Form 990, Part III, Line 4D

“Public Programs: Antenna is integrating its public offerings to prioritize and expand programming related to 39447. 0. 0.”

Form 990, Part III, Line 4D

“Curator in Residence 37319. 0. 0.”

Form 990, Part III, Line 4D

“Antenna Press offers an annual Publishing Award for Gulf South Artists 17534. 0. 0.”

Raw XML AppendixShowing 400 of 444 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy3Grp/Desc0Paper Machine offers its space for affordable slidng scale rentas for mission aligned events such as exhibitions, community gatherings, and workshops. Proposals for rentals are evaluated by the Antenna team and selected on a case-by-case basis. Paper Machine also offers pro-bono printing of funeral programs for community members, and discounted print services for community partners.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Exhibitions: The Antenna Collective supports the 3718 gallery exhibition schedule includes: Louisiana and National call awardees exhibitions selected by the Antenna Collective; and Antenna Collective Member exhibitions.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Public Programs: Antenna is integrating its public offerings to prioritize and expand programming related to exhibitions. Annually, in partnership with exhibiting and publishing artists, the Antenna Team and Collective develops artist talks, moderated conversations, performances, workshops, publication release events, and readings. Antenna annually presents the 24-hour Draw-A-Thon, seeking workshops through a call for proposals process.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2Curator in Residence Curatorial Fellowship engages with national curators to facilitate connecting Louisiana artists to national art networks. This is an invitational curatorial residency. Over the course of two years, the invited curator will generate a curatorial statement for their residency and use this statement to guide the curation of three exhibitions:Louisiana Solo exhibition, Louisiana Group exhibition,and a Collective member exhibition.
IRS990/ProgSrvcAccomActyOtherGrp/Desc3Antenna Press offers an annual Publishing Award for Gulf South Artists
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 is approved by the board at a regular board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All policies, governing documents, and financial records are provided to board members, employees, and volunteers in the form of an organization handbook, which is made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Exhibitions: The Antenna Collective supports the 3718 gallery exhibition schedule includes: Louisiana and 55060. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Antenna Press offers an annual Publishing Award for Gulf South Artists 17534. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part III, Line 4d
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