Civic Intelligence

Audubon Nature Institute Foundation

EIN 58-1958248 • 501(c)3 • New Orleans, LA

Profile

Audubon Nature Institute Foundation's Mission is to raise funds in support of the facilities, programs, and other activities managed by Audubon Nature Institute.

6500 Magazine StreetNew Orleans, LA 70118

www.audubonnatureinstitute.org

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

11th percentile

0.02x

Higher debt load relative to revenue than 11% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

90th percentile

53%

Higher net margin than 90% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$2,088,856

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 53.3% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

84th percentile

20%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

503%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$35,441,683

Up $5,913,196 (+20%) from 2023

Liabilities

Up

$92,947

Up $65,893 (+244%) from 2023

Net Assets

Up

$35,348,736

Up $5,847,303 (+20%) from 2023

Operations
Liabilities / Revenue11th percentileNet Margin90th percentile

Revenue

Up

$3,921,234

Up $3,271,333 (+503%) from 2023

Expenses

Down

$1,848,695

Down $4,122,878 (-69%) from 2023

Net Income

Up

$2,072,539

Up $7,394,211 (+139%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth84th percentile

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

$60M$40M$20M$0Assets 2010: $29,125,113Liabilities 2010: $5,775Net Assets 2010: $29,119,3382010Assets 2011: $27,128,628Liabilities 2011: $168Net Assets 2011: $27,128,4602011Assets 2012: $28,835,914Liabilities 2012: $5,088Net Assets 2012: $28,830,8262012Assets 2013: $31,255,635Liabilities 2013: $0Net Assets 2013: $31,255,6352013Assets 2014: $29,205,148Liabilities 2014: $0Net Assets 2014: $29,205,1482014Assets 2015: $28,808,009Liabilities 2015: $0Net Assets 2015: $28,808,0092015Assets 2016: $29,487,546Liabilities 2016: $0Net Assets 2016: $29,487,5462016Assets 2017: $33,052,745Liabilities 2017: $0Net Assets 2017: $33,052,7452017Assets 2018: $32,303,718Liabilities 2018: $0Net Assets 2018: $32,303,7182018Assets 2019: $38,182,713Liabilities 2019: $0Net Assets 2019: $38,182,7132019Assets 2020: $38,185,789Liabilities 2020: $750Net Assets 2020: $38,185,0392020Assets 2021: $40,562,240Liabilities 2021: $750Net Assets 2021: $40,561,4902021Assets 2022: $30,911,414Liabilities 2022: $1,298Net Assets 2022: $30,910,1162022Assets 2023: $29,528,487Liabilities 2023: $27,054Net Assets 2023: $29,501,4332023Assets 2024: $35,441,683Liabilities 2024: $92,947Net Assets 2024: $35,348,7362024

Highlighted filing

2024

Assets$35,441,683
Liabilities$92,947
Net Assets$35,348,736
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

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

$10M$5.0M$0-$5.0M-$10MExpenses 2010: $878,1272010Expenses 2011: $1,223,2422011Expenses 2012: $1,496,9782012Revenue 2013: $2,045,238Expenses 2013: $1,518,068Net Income 2013: $527,1702013Revenue 2014: $2,545,007Expenses 2014: $4,561,366Net Income 2014: -$2,016,3592014Revenue 2015: $1,617,997Expenses 2015: $903,941Net Income 2015: $714,0562015Revenue 2016: $535,549Expenses 2016: $912,444Net Income 2016: -$376,8952016Revenue 2017: $1,371,417Expenses 2017: $501,595Net Income 2017: $869,8222017Revenue 2018: $3,525,919Expenses 2018: $1,040,790Net Income 2018: $2,485,1292018Revenue 2019: $1,848,872Expenses 2019: $1,653,355Net Income 2019: $195,5172019Revenue 2020: $4,575,734Expenses 2020: $4,227,643Net Income 2020: $348,0912020Revenue 2021: $1,613,829Expenses 2021: $1,916,319Net Income 2021: -$302,4902021Revenue 2022: $1,753,425Expenses 2022: $1,998,417Net Income 2022: -$244,9922022Revenue 2023: $649,901Expenses 2023: $5,971,573Net Income 2023: -$5,321,6722023Revenue 2024: $3,921,234Expenses 2024: $1,848,695Net Income 2024: $2,072,5392024

Highlighted filing

2024

Revenue$3,921,234
Expenses$1,848,695
Net Income$2,072,539
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$35,441,683
Liabilities
$92,947
Net assets
$35,348,736
Revenue
$3,921,234
Expenses
$1,848,695
Net income
$2,072,539
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.4$0.09$35.3$3.92$1.85$2.07
2023Detailed filing. Detailed filing data is available for this year.$29.5$0.03$29.5$0.65$5.97$5.32
2022Detailed filing. Detailed filing data is available for this year.$30.9$0.00$30.9$1.75$2.00$0.24
2021Detailed filing. Detailed filing data is available for this year.$40.6$0.00$40.6$1.61$1.92$0.30
2020Detailed filing. Detailed filing data is available for this year.$38.2$0.00$38.2$4.58$4.23$0.35
2019Detailed filing. Detailed filing data is available for this year.$38.2$0.00$38.2$1.85$1.65$0.20
2018Detailed filing. Detailed filing data is available for this year.$32.3$0.00$32.3$3.53$1.04$2.49
2017Detailed filing. Detailed filing data is available for this year.$33.1$0.00$33.1$1.37$0.50$0.87
2016Detailed filing. Detailed filing data is available for this year.$29.5$0.00$29.5$0.54$0.91$0.38
2015Detailed filing. Detailed filing data is available for this year.$28.8$0.00$28.8$1.62$0.90$0.71
2014Detailed filing. Detailed filing data is available for this year.$29.2$0.00$29.2$2.55$4.56$2.02
2013Detailed filing. Detailed filing data is available for this year.$31.3$0.00$31.3$2.05$1.52$0.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$0.01$28.8$1.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.1$0.00$27.1$1.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.1$0.01$29.1$0.88
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$9,882,660
Mission and Program Overview

Mission

Audubon Nature Institute Foundation's Mission is to raise funds in support of the facilities, programs, and other activities managed by Audubon Nature Institute.

Provide funding for the facilities managed by Audubon Nature Institute.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$20,471,622$22,574,692▲ $2,103,070
Investments Other Securities$8,639,947$8,079,341▼ $560,606
Pledges and Grants Receivable$416,918$4,787,650▲ $4,370,732
Total Assets$29,528,487$35,441,683▲ $5,913,196
Liabilities
Other Liabilities$27,054$92,947▲ $65,893
Total Liabilities$27,054$92,947▲ $65,893
Net Assets / Fund Balance
Net Assets With Donor Restrictions$28,731,166$35,004,197▲ $6,273,031
Net Assets Without Donor Restrictions$770,267$344,539▼ $425,728
Total Net Assets Fund Balance$29,501,433$35,348,736▲ $5,847,303
Total Liabilities and Net Assets / Fund Balance$29,528,487$35,441,683▲ $5,913,196

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$8,079,341--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$29,111,569$4,463,232▼ $1,072,073-$30,654,033
2023$30,911,414$889,418▲ $3,282,311-$29,111,569
2022$40,505,587$68,340▼ $7,664,096-$30,911,414
2021$33,927,750$202,020▲ $8,292,136-$40,505,587
2020$37,298,595$37,093▲ $819,705-$33,927,750
Compensation and Service Providers
Top Officer Pay98th percentile

Board Members and Trustees

NameTitle
Boysie BollingerChairman
L Ronald FormanPresident/CEO
Charles C Teamer Sr PhDVice Chairman
Angus CooperBoard Member
Christopher BardellBoard Member
John P KottsBoard Member
Leslie P GottsegenBoard Member
Linda G BaumBoard Member
Peter E MossBoard Member
Willard DumasBoard Member
Joseph A JaegerPart Year Board Member
Laurie ConkertonSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,463,232
Program Service Revenue
$0
Investment Income
$-541,998
Other Revenue
$0
All Other Contributions
$4,463,232
Change in Net Assets
$2,072,539

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,921,234
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,625,020
Total Revenue per Audited Statements
$7,546,254
Total Revenue per Form 990
$3,921,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,675,551
Other Expenses$173,144
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,675,551--$1,675,551
Fees for Service Investment Mgmnt Fees-$149,744-$149,744
Fees for Services Accounting-$23,400-$23,400
Total Functional Expenses$1,675,551$173,144$0$1,848,695

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,848,695
Total Expenses per Form 990$1,848,695
Total Expenses per Audited Statements$1,698,951
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-149,744
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Audubon Nature InstituteNew Orleans, LA501(c)(3)Supporting Programs and Operations of the Facilities managed by Audubon Nature Institute$1,675,551

International Summary

Offices
0
Employees
0
Spending
$6,915,846

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestment-00$6,915,846
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Audubon Nature Institute$92,947
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Part VI, Section A, line 4

“the organization modified its articles of incorporation during the year to increase the number of board members and to add a provision to be able to pay reasonable compensation for services rendered to the organization.”

Form 990, Part VI, Section A, line 7A

“Audubon Nature Institute Foundation is organized on a non-stock basis. This corporation shall have no members; however, the directors of this corporation shall for all intents and purposes, be deemed its members and shall exercise all of the rights and powers of members. The board of directors shall elect its members by a majority vote of the remaining directors.”

Form 990, Part VI, Section B, line 11B

“The 990 is reviewed by the VP of Finance and the Executive VP/Chief Administrative Officer. The return is also reviewed by a public accounting firm. Once the return has been reviewed by the accounting firm, it is provided to the board of directors for review, with the exception of the donors' names and addresses on Schedule B, and then the return is filed with the IRS.”

Form 990, Part VI, Section B, line 12C

“Audubon Nature Institute Foundation has a conflict of interest policy that has procedures in place to handle disclosing conflicts, determining whether a conflict exists, addressing the conflict, and violations of the policy. Annual statements are signed regarding the policy and periodic reviews are conducted to ensure the policy is being followed.”

Form 990, Part VI, Section B, line 15

“Audubon Nature Institute Foundation does not have any paid employees; therefore, it is not necessary to have any process for determining compensation.”

Form 990, Part VI, Section C, line 19

“Audubon Nature Institute Foundation makes the governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Audubon Nature Institute Foundation
EIN
58-1958248
Phone
5048612537
Address
6500 Magazine Street, New Orleans, LA 70118

Signing Officer

Name
L Ronald Forman
Title
President/CEO
Phone
5048612537
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
L Ronald Forman
Formed
1991
Legal Domicile
La
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
LaPorte APAC
Address
111 Veterans Memorial Blvd 600, Metairie, LA 70005-4958
Preparer
John S Wiles CPA
Phone
5048355522
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

“The organization did not change its audit oversight process or selection process.”

Financial Statement Notes

Part V, Line 4:

“Audubon Nature Institute Foundation's endowment funds are intended to provide funding for the facilities, programs, and other activities managed by Audubon Nature Institute.”

Part X, Line 2:

“The Foundation is exempt from income tax under Section 501(c)(3) of the United States Internal Revenue Code. In addition, the Foundation qualifies for the charitable contribution deduction under Section 170(b)(1)(a)(vi) and has been classified as an organization other than a private foundation under Section 509(a)(3). Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. The Foundation believes that it has taken appropriate support for any tax positions taken, and management has determined that there are no uncertain tax positions that are material to the financial statements. Penalties and interest assessed by income taxing authorities, if any, would be included in income tax expense.”

Part XI, Line 2D - Other Adjustments:

“investment expenses netted with investment income -149,744.”

Part XII, Line 2D - Other Adjustments:

“investment expenses netted with investment income -149,744.”

Raw XML AppendixShowing 400 of 572 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/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10President/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11Secretary/Treasurer
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IRS990/MissionDesc0Audubon Nature Institute Foundation's Mission is to raise funds in support of the facilities, programs, and other activities managed by Audubon Nature Institute.
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IRS990/PrincipalOfficerNm0L Ronald Forman
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Audubon Nature Institute ("ANI") manages and operates the facilities of the Audubon Commission. Audubon Nature Institute Foundation ("ANIF") is the supporting organization for ANI. ANIF donated funds for the direct benefit of the facilities owned by the Audubon Commission and managed by ANI.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Audubon Nature Institute Foundation's ("ANIF") articles of incorporation state that its purpose is to raise funds in support of the facilities, programs and other activities managed by the Audubon Nature Institute. Audubon Nature Institute ("ANI") is a non-profit incorporated for educational purposes. Audubon Commission is an independent agency of the City of New Orleans that owns the Audubon Facilities. Audubon Nature Institute has a management contract with the Audubon Commission to operate and manage the Audubon Facilities. These facilities include but are not limited to Audubon Park, Audubon Zoo, Audubon Aquarium and Insectarium, Woldenberg Riverfront Park, Freeport McMoRan Audubon Species Survival Center, Audubon Louisiana Nature Center, and Audubon Wilderness Park. The board members for ANIF are selected mainly from board members of Audubon Nature Institute and Audubon Commission. In 2024, the 9 members of the board for ANIF were made up of 7 members from the ANI board and 2 former members of the Audubon Commission board. By-laws of ANIF state that the Chairman of the Audubon Nature Institute board serves as a member of the Foundation board during his/her tenure. The remaining board elects its new members on a rotating basis. In practice the ANIF board has mainly been comprised of current and former ANI and Audubon Commission board members. In regards to officers of the organizations, Ron Forman is the President/CEO for both the Audubon Nature Institute and Audubon Nature Institute Foundation. Laurie Conkerton is the Executive Vice President and Chief Administrative Officer for Audubon Nature Institute and the Secretary/Treasurer for Audubon Nature Institute Foundation. Through the board representation from ANI and Audubon Commission board members on the ANIF board, the supported organization is able to operate and supervise ANIF. Also, the staffing of ANI and ANIF, which both use Ron Forman and Laurie Conkerton as officers, contributes to the operation and supervision of ANIF by ANI.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part 1, line g(i)
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Section B, line 1
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Audubon Nature Institute - See Explanation in Part VI
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AUDUBON NATURE INSTITUTE
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0Alternative Investments
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Audubon Nature Institute Foundation's endowment funds are intended to provide funding for the facilities, programs, and other activities managed by Audubon Nature Institute.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation is exempt from income tax under Section 501(c)(3) of the United States Internal Revenue Code. In addition, the Foundation qualifies for the charitable contribution deduction under Section 170(b)(1)(a)(vi) and has been classified as an organization other than a private foundation under Section 509(a)(3). Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. The Foundation believes that it has taken appropriate support for any tax positions taken, and management has determined that there are no uncertain tax positions that are material to the financial statements. Penalties and interest assessed by income taxing authorities, if any, would be included in income tax expense.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2investment expenses netted with investment income -149,744.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3investment expenses netted with investment income -149,744.
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 2d - Other Adjustments:
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Supporting Programs and Operations of the Facilities managed by Audubon Nature Institute
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Audubon Nature Institute
IRS990ScheduleI/RecipientTable/RecipientEIN0510157624
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06500 Magazine Street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0New Orleans
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Schedule I, Part 1, Line 2: Audubon Nature Institute Foundation (ANIF) monitors the monies transferred to Audubon Commission though the reporting and accounting records maintained for both organizations. Through these records ANIF can ensure that the monies are being spent in the correct manner.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
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