Civic Intelligence

Masonic Library Museum Foundation of Louisiana Inc.

990 • Fiscal year 2023 • EIN 27-1366610

Oct 01, 2022 to Sep 30, 2023 • Filed on Jul 16, 2024

5746 Masonic DriveAlexandria, LA 71301

(318) 443-5610

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

9th percentile

-56%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

31st percentile

-11%

Faster asset growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-34%

Faster revenue growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$250,230

Down $31,825 (-11%) from 2022

Net Assets

Down

$250,230

Down $31,825 (-11%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$56,573

Down $29,698 (-34%) from 2022

Expenses

Up

$88,380

Up $65,621 (+288%) from 2022

Net Income

Down

-$31,807

Down $95,319 (-150%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $18,054Liabilities 2010: $750Net Assets 2010: $17,3042010Assets 2011: $79,035Liabilities 2011: $255Net Assets 2011: $78,7802011Assets 2012: $107,737Liabilities 2012: $1,427Net Assets 2012: $106,3102012Assets 2013: $183,161Liabilities 2013: $0Net Assets 2013: $183,1612013Assets 2014: $203,703Liabilities 2014: $0Net Assets 2014: $203,7032014Assets 2015: $193,075Liabilities 2015: $0Net Assets 2015: $193,0752015Assets 2016: $204,959Liabilities 2016: $0Net Assets 2016: $204,9592016Assets 2017: $213,338Liabilities 2017: $1,558Net Assets 2017: $211,7802017Assets 2018: $209,529Liabilities 2018: $1,442Net Assets 2018: $208,0872018Assets 2019: $205,197Liabilities 2019: $0Net Assets 2019: $205,1972019Assets 2020: $186,459Liabilities 2020: $0Net Assets 2020: $186,4592020Assets 2021: $247,559Liabilities 2021: $0Net Assets 2021: $247,5592021Assets 2022: $282,055Liabilities 2022: $0Net Assets 2022: $282,0552022Assets 2023: $250,230Liabilities 2023: $0Net Assets 2023: $250,2302023Assets 2024: $312,638Liabilities 2024: $0Net Assets 2024: $312,6382024Assets 2025: $326,212Liabilities 2025: $0Net Assets 2025: $326,2122025

Highlighted filing

2023

Assets$250,230
Liabilities$0
Net Assets$250,230

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KExpenses 2010: $7,8332010Expenses 2011: $29,0452011Expenses 2012: $60,1282012Expenses 2013: $36,0532013Revenue 2014: $39,810Expenses 2014: $19,268Net Income 2014: $20,5422014Revenue 2015: $20,300Expenses 2015: $21,934Net Income 2015: -$1,6342015Revenue 2016: $25,554Expenses 2016: $21,289Net Income 2016: $4,2652016Revenue 2017: $24,840Expenses 2017: $28,808Net Income 2017: -$3,9682017Revenue 2018: $23,619Expenses 2018: $27,312Net Income 2018: -$3,6932018Revenue 2019: $23,924Expenses 2019: $26,814Net Income 2019: -$2,8902019Revenue 2020: $2,551Expenses 2020: $21,289Net Income 2020: -$18,7382020Revenue 2021: $84,495Expenses 2021: $23,395Net Income 2021: $61,1002021Revenue 2022: $86,271Expenses 2022: $22,759Net Income 2022: $63,5122022Revenue 2023: $56,573Expenses 2023: $88,380Net Income 2023: -$31,8072023Revenue 2024: $92,185Expenses 2024: $29,777Net Income 2024: $62,4082024Revenue 2025: $43,499Expenses 2025: $29,925Net Income 2025: $13,5742025

Highlighted filing

2023

Revenue$56,573
Expenses$88,380
Net Income-$31,807
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Jul 16, 2024
Return Version
2022v5.0
Gross Receipts
$56,573
Mission and Program Overview

Mission

The masonic library museum foundation of louisiana, inc. Was created for the purpose to preserve records, artifacts and memorabilia concerning the fraternity of masonry in general and masonry in particular, and to display items of history and masonic history to the present time. We have a large facility for the display of artifacts, memorabilia and books pertaining to history and masonry. At this time we have numerous books in the library pertaining to history, masonic history, history in general, reference books and periodicals available to the general public five days a week. The museum contains subjects of american art, portraits and statues of historical people, masonic artifacts and non-masonic artifacts on display in cases and on tables throughout the area. The library has been in existence for more than one hundred years and the museum was established in 1994 and they have been continuously expanded and developed, and will continue to be so by adding display cases and books each

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$194,935$199,251▲ $4,316
Cash and Non-Interest-Bearing Accounts$87,102$50,979▼ $36,123
Total Assets$282,037$250,230▼ $31,807
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$282,037$250,230▼ $31,807
Total Net Assets Fund Balance$282,037$250,230▼ $31,807
Total Liabilities and Net Assets / Fund Balance$282,037$250,230▼ $31,807
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven PenceGrand Secret
Revenue and Support

Revenue Composition

Contributions and Grants
$43,292
Program Service Revenue
$0
Investment Income
$4,380
Other Revenue
$8,901
All Other Contributions
$43,292
Change in Net Assets
$-31,807
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$88,380
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$16,430--$16,430
All Other Expenses$979--$979
Other Expenses$900$64,056-$900
Total Functional Expenses$24,324$64,056$0$88,380
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
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is submitted to the officers of the organization for review. Upon approval by the officers, the cpa is informed in writing.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy was adopted by the board at the beginning of the organization's existence. At the beginning of each new fiscal year, the board members must individually sign a new copy of the policy stating that nothing has happened during the year that would give rise to a conflict of interest with regards to the organization.

Form 990, Page 6, Part VI, Line 15A

There is currently one employee of masonic library/museum foundation of louisiana, inc.and she is not a member of the board nor is she a "key" employee.

Form 990, Page 6, Part VI, Line 15B

There is currently one employee of masonic library/museum foundation of louisiana, inc. And she is not in a member of the board nor is she a "key" employee.

Form 990, Page 6, Part VI, Line 19

The governing documents are in a file clearly marked "for public inspection- and are available to the public during normal operating hours.

Filing and Contact Details

Filer

Filer Name
Masonic Librarymuseum Foundation
EIN
27-1366610
Address
5746 MASONIC DRIVE, ALEXANDRIA, LA 71301

Signing Officer

Name
Steven Pence
Title
Grand Secretary
Signed
2024-07-16

Organization Details

Principal Officer
Steven Pence
Formed
2010
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Hebert Carbo & Crutchfield Cpas
Address
3820A BAYOU RAPIDES RD, ALEXANDRIA, LA 71303-3655
Preparer
Blaine C Hebert
Phone
3184730074
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The masonic library museum foundation of louisiana, inc. Was created for the purpose to preserve records, artifacts and memorabilia concerning the fraternity of masonry in general and masonry in particular, and to display items of history and masonic history to the present time. We have a large facility for the display of artifacts, memorabilia and books pertaining to history and masonry. At this time we have numerous books in the library pertaining to history, masonic history, history in general, reference books and periodicals available to the general public five days a week. The museum contains subjects of american art, portraits and statues of historical people, masonic artifacts and non-masonic artifacts on display in cases and on tables throughout the area. The library has been in existence for more than one hundred years and the museum was established in 1994 and they have been continuously expanded and developed, and will continue to be so by adding display cases and books each year. It is fully operational and has been so for many years. The museum also contains memorabilia from the old masonic home for children which operated from 1923 until 1994 as a home for needy children. It includes such things as an old dentistry chair from the infirmary as well as musical instruments from the old band formed in the 1920s at the home. Files are kept of former residents for genealogical tracking. The services performed consist of the availability for research and study by the general public. The availability of periodicals and clipping services, biographical data, card catalogue, grand lodge proceedings and proceedings of grand lodges from other states, and other services performed by libraries generally. Group tours of the library and museum are available and several tours are given under the direction and explanation of personnel.

Form 990, Page 1, Part I, Line 6

Volunteer work in the organization includes help with the examination and assessment of records and artifacts of masonic library/museum foundation of louisiana, inc.

Form 990, Page 2, Part III, Line 4D

Preservation of records, artifacts and memorabilia concerning the fraternity of masonry in general and louisiana masonry in particular, and to display items of history and masonic history to the present time.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MASONIC LIBRARY MUSEUM FOUNDATION OF LOUISIANA, INC. WAS CREATED FOR THE PURPOSE TO PRESERVE RECORDS, ARTIFACTS AND MEMORABILIA CONCERNING THE FRATERNITY OF MASONRY IN GENERAL AND MASONRY IN PARTICULAR, AND TO DISPLAY ITEMS OF HISTORY AND MASONIC HISTORY TO THE PRESENT TIME. WE HAVE A LARGE FACILITY FOR THE DISPLAY OF ARTIFACTS, MEMORABILIA AND BOOKS PERTAINING TO HISTORY AND MASONRY. AT THIS TIME WE HAVE NUMEROUS BOOKS IN THE LIBRARY PERTAINING TO HISTORY, MASONIC HISTORY, HISTORY IN GENERAL, REFERENCE BOOKS AND PERIODICALS AVAILABLE TO THE GENERAL PUBLIC FIVE DAYS A WEEK. THE MUSEUM CONTAINS SUBJECTS OF AMERICAN ART, PORTRAITS AND STATUES OF HISTORICAL PEOPLE, MASONIC ARTIFACTS AND NON-MASONIC ARTIFACTS ON DISPLAY IN CASES AND ON TABLES THROUGHOUT THE AREA. THE LIBRARY HAS BEEN IN EXISTENCE FOR MORE THAN ONE HUNDRED YEARS AND THE MUSEUM WAS ESTABLISHED IN 1994 AND THEY HAVE BEEN CONTINUOUSLY EXPANDED AND DEVELOPED, AND WILL CONTINUE TO BE SO BY ADDING DISPLAY CASES AND BOOKS EACH YEAR. IT IS FULLY OPERATIONAL AND HAS BEEN SO FOR MANY YEARS. THE MUSEUM ALSO CONTAINS MEMORABILIA FROM THE OLD MASONIC HOME FOR CHILDREN WHICH OPERATED FROM 1923 UNTIL 1994 AS A HOME FOR NEEDY CHILDREN. IT INCLUDES SUCH THINGS AS AN OLD DENTISTRY CHAIR FROM THE INFIRMARY AS WELL AS MUSICAL INSTRUMENTS FROM THE OLD BAND FORMED IN THE 1920S AT THE HOME. FILES ARE KEPT OF FORMER RESIDENTS FOR GENEALOGICAL TRACKING. THE SERVICES PERFORMED CONSIST OF THE AVAILABILITY FOR RESEARCH AND STUDY BY THE GENERAL PUBLIC. THE AVAILABILITY OF PERIODICALS AND CLIPPING SERVICES, BIOGRAPHICAL DATA, CARD CATALOGUE, GRAND LODGE PROCEEDINGS AND PROCEEDINGS OF GRAND LODGES FROM OTHER STATES, AND OTHER SERVICES PERFORMED BY LIBRARIES GENERALLY. GROUP TOURS OF THE LIBRARY AND MUSEUM ARE AVAILABLE AND SEVERAL TOURS ARE GIVEN UNDER THE DIRECTION AND EXPLANATION OF PERSONNEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEER WORK IN THE ORGANIZATION INCLUDES HELP WITH THE EXAMINATION AND ASSESSMENT OF RECORDS AND ARTIFACTS OF MASONIC LIBRARY/MUSEUM FOUNDATION OF LOUISIANA, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRESERVATION OF RECORDS, ARTIFACTS AND MEMORABILIA CONCERNING THE FRATERNITY OF MASONRY IN GENERAL AND LOUISIANA MASONRY IN PARTICULAR, AND TO DISPLAY ITEMS OF HISTORY AND MASONIC HISTORY TO THE PRESENT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS SUBMITTED TO THE OFFICERS OF THE ORGANIZATION FOR REVIEW. UPON APPROVAL BY THE OFFICERS, THE CPA IS INFORMED IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY WAS ADOPTED BY THE BOARD AT THE BEGINNING OF THE ORGANIZATION'S EXISTENCE. AT THE BEGINNING OF EACH NEW FISCAL YEAR, THE BOARD MEMBERS MUST INDIVIDUALLY SIGN A NEW COPY OF THE POLICY STATING THAT NOTHING HAS HAPPENED DURING THE YEAR THAT WOULD GIVE RISE TO A CONFLICT OF INTEREST WITH REGARDS TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE IS CURRENTLY ONE EMPLOYEE OF MASONIC LIBRARY/MUSEUM FOUNDATION OF LOUISIANA, INC.AND SHE IS NOT A MEMBER OF THE BOARD NOR IS SHE A "KEY" EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THERE IS CURRENTLY ONE EMPLOYEE OF MASONIC LIBRARY/MUSEUM FOUNDATION OF LOUISIANA, INC. AND SHE IS NOT IN A MEMBER OF THE BOARD NOR IS SHE A "KEY" EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE GOVERNING DOCUMENTS ARE IN A FILE CLEARLY MARKED "FOR PUBLIC INSPECTION- AND ARE AVAILABLE TO THE PUBLIC DURING NORMAL OPERATING HOURS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$0.43$0.30$0.14
2024Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$0.92$0.30$0.62
2023Detailed filing. Detailed filing data is available for this year.$2.50$0.00$2.50$0.57$0.88$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$0.86$0.23$0.64
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$0.00$2.48$0.84$0.23$0.61
2020Detailed filing. Detailed filing data is available for this year.$1.86$0.00$1.86$0.03$0.21$0.19
2019Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.24$0.27$0.03
2018Detailed filing. Detailed filing data is available for this year.$2.10$0.01$2.08$0.24$0.27$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.13$0.02$2.12$0.25$0.29$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.26$0.21$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$0.20$0.22$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$0.40$0.19$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.00$1.83$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.01$1.06$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.00$0.79$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.01$0.17$0.08