Civic Intelligence

Contemporary Arts Center

EIN 72-0798830 • 501(c)3 • New Orleans, LA

Profile

The contemporary arts center is a multi-disciplinary organization dedicated to presenting the works of local, national, and international artists. The center offers a year-round calendar of exhibitions, performances, and educational programs designed to engage diverse public audiences of all ages, while providing technical and developmental support for local artists.

900 Camp StreetNew Orleans, LA 70130

www.cacno.org

Siviq Scores

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

Liabilities / Assets

48th percentile

0.11x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.74x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

4th percentile

-74%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

13th percentile

-9.6%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-45%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets48th percentile

Assets

Down

$7,878,024

Down $839,814 (-9.6%) from 2023

Liabilities

Up

$842,440

Up $7,034 (+0.8%) from 2023

Net Assets

Down

$7,035,584

Down $846,848 (-11%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin4th percentile

Revenue

Down

$1,133,576

Down $917,568 (-45%) from 2023

Expenses

Down

$1,977,077

Down $313,099 (-14%) from 2023

Net Income

Down

-$843,501

Down $604,469 (-253%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth13th percentile

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

$15M$10M$5.0M$0Assets 2011: $10,428,577Liabilities 2011: $1,012,612Net Assets 2011: $9,415,9652011Assets 2012: $10,211,826Liabilities 2012: $1,193,430Net Assets 2012: $9,018,3962012Assets 2013: $10,638,382Liabilities 2013: $603,179Net Assets 2013: $10,035,2032013Assets 2014: $10,808,309Liabilities 2014: $1,028,699Net Assets 2014: $9,779,6102014Assets 2015: $10,818,436Liabilities 2015: $1,399,087Net Assets 2015: $9,419,3492015Assets 2016: $10,346,989Liabilities 2016: $1,356,315Net Assets 2016: $8,990,6742016Assets 2017: $10,048,569Liabilities 2017: $1,544,009Net Assets 2017: $8,504,5602017Assets 2018: $9,070,636Liabilities 2018: $1,253,862Net Assets 2018: $7,816,7742018Assets 2019: $8,905,067Liabilities 2019: $1,214,975Net Assets 2019: $7,690,0922019Assets 2020: $8,950,916Liabilities 2020: $1,631,277Net Assets 2020: $7,319,6392020Assets 2021: $9,730,303Liabilities 2021: $1,446,802Net Assets 2021: $8,283,5012021Assets 2022: $9,402,311Liabilities 2022: $958,887Net Assets 2022: $8,443,4242022Assets 2023: $8,717,838Liabilities 2023: $835,406Net Assets 2023: $7,882,4322023Assets 2024: $7,878,024Liabilities 2024: $842,440Net Assets 2024: $7,035,5842024

Highlighted filing

2024

Assets$7,878,024
Liabilities$842,440
Net Assets$7,035,584
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $2,453,9062011Expenses 2012: $2,315,7482012Expenses 2013: $3,568,4982013Revenue 2014: $2,739,581Expenses 2014: $3,212,537Net Income 2014: -$472,9562014Revenue 2015: $2,755,691Expenses 2015: $3,101,220Net Income 2015: -$345,5292015Revenue 2016: $3,252,244Expenses 2016: $3,518,504Net Income 2016: -$266,2602016Revenue 2017: $2,537,231Expenses 2017: $3,623,733Net Income 2017: -$1,086,5022017Revenue 2018: $2,913,448Expenses 2018: $3,814,950Net Income 2018: -$901,5022018Revenue 2019: $3,313,272Expenses 2019: $3,561,013Net Income 2019: -$247,7412019Revenue 2020: $2,836,743Expenses 2020: $3,113,729Net Income 2020: -$276,9862020Revenue 2021: $2,963,167Expenses 2021: $2,411,034Net Income 2021: $552,1332021Revenue 2022: $3,006,099Expenses 2022: $2,448,294Net Income 2022: $557,8052022Revenue 2023: $2,051,144Expenses 2023: $2,290,176Net Income 2023: -$239,0322023Revenue 2024: $1,133,576Expenses 2024: $1,977,077Net Income 2024: -$843,5012024

Highlighted filing

2024

Revenue$1,133,576
Expenses$1,977,077
Net Income-$843,501
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,878,024
Liabilities
$842,440
Net assets
$7,035,584
Revenue
$1,133,576
Expenses
$1,977,077
Net income
-$843,501
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.88$0.84$7.04$1.13$1.98$0.84
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.72$0.84$7.88$2.05$2.29$0.24
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.40$0.96$8.44$3.01$2.45$0.56
2021Detailed filing. Detailed filing data is available for this year.$9.73$1.45$8.28$2.96$2.41$0.55
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.95$1.63$7.32$2.84$3.11$0.28
2019Detailed filing. Detailed filing data is available for this year.$8.91$1.21$7.69$3.31$3.56$0.25
2018Detailed filing. Detailed filing data is available for this year.$9.07$1.25$7.82$2.91$3.81$0.90
2017Detailed filing. Detailed filing data is available for this year.$10.0$1.54$8.50$2.54$3.62$1.09
2016Detailed filing. Detailed filing data is available for this year.$10.3$1.36$8.99$3.25$3.52$0.27
2015Detailed filing. Detailed filing data is available for this year.$10.8$1.40$9.42$2.76$3.10$0.35
2014Detailed filing. Detailed filing data is available for this year.$10.8$1.03$9.78$2.74$3.21$0.47
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$0.60$10.0$3.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$1.19$9.02$2.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$1.01$9.42$2.45
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 22, 2025
Return Version
2023v6.0
Gross Receipts
$1,648,782
Mission and Program Overview

Mission

To provide public access to contemporary art. The Contemporary Arts Center is a multi-disciplinary arts center that is dedicated to the presentation, production, and promotion of the arts of our time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,941,340$4,716,817▼ $224,523
Investments in Publicly Traded Securities$2,334,501$2,334,501→ $0
Savings and Temporary Cash Investments$517,875$216,840▼ $301,035
Cash and Non-Interest-Bearing Accounts$238,267$50,335▼ $187,932
Accounts Receivable$7,168$3,800▼ $3,368
Pledges and Grants Receivable$125,456$2,500▼ $122,956
Total Assets$8,717,838$7,878,024▼ $839,814
Other Assets Total$553,231$553,231→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$573,860$542,331▼ $31,529
Accounts Payable and Accrued Expenses$202,783$165,907▼ $36,876
Deferred Revenue$47,927$123,366▲ $75,439
Other Liabilities$10,836$10,836→ $0
Total Liabilities$835,406$842,440▲ $7,034
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,738,887$4,854,439▼ $884,448
Net Assets With Donor Restrictions$2,143,545$2,181,145▲ $37,600
Total Net Assets Fund Balance$7,882,432$7,035,584▼ $846,848
Total Liabilities and Net Assets / Fund Balance$8,717,838$7,878,024▼ $839,814

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,457,778$6,134,992-
Land$3,150,000--
Equipment$109,039$672,842-
Other Assets Org$459,605--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,159,814---$2,159,814
2022$2,061,306-▲ $172,839$64,285$2,159,814
2021$2,331,976-▼ $190,728$61,814$2,061,306
2020$1,939,283-▲ $496,946$89,880$2,331,976
2019$2,002,268-▲ $27,607$77,824$1,939,283
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Gina MonettePresident
Leopoldo YanezVice President
Alana HarrisDirector
Ausetta Amor AmenkumDirector
Babette RittenbergDirector
Bryan BaileyDirector
David BakerDirector
Delfeayo MarsalisDirector
Ginny WiseDirector
Jonathan FawerDirector
Kevin FergusonDirector
Michael HechtDirector
Michael SchneiderDirector
Robin MarroucheDirector
Schuyler WilliamsDirector
Sharron SilversDirector
Valerie BesthoffDirector
Warren Surcouf IIIDirector
Staci RosenbergSecretary
Shelby E Russ JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$331,605
Program Service Revenue
$77,682
Investment Income
$65,446
Other Revenue
$658,843
All Other Contributions
$244,643
Change in Net Assets
$-843,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,344,449
Salaries, Compensation, and Employee Benefits$632,628
Total Fundraising Expense$72,744
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$478,846$60,587$5,836$545,269
Fees for Services Other$285,175$100,104$38,560$423,839
Occupancy$177,760$89,066$929$267,755
Insurance$156,624$78,312$0$234,936
Depreciation Depletion$213,297$11,226$0$224,523
Other Employee Benefits$44,518$887$4$45,409
Payroll Taxes$22,990$18,514$446$41,950
Interest$0$36,386$0$36,386
Information Technology$1,871$12,317$12,350$26,538
All Other Expenses$6,227$11,400$3,702$21,329
Other Expenses$3,755$1,116$500$5,371
Office Expenses$0$3,304$0$3,304
Advertising$0$322$1,800$2,122
Travel$827$0$0$827
Total Functional Expenses$1,472,931$431,402$72,744$1,977,077
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
Security Deposit-Returnable$10,836
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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
Filing and Contact Details

Filer

Filer Name
Contemporary Arts Center
EIN
72-0798830
Phone
5045283805
Address
900 Camp Street, New Orleans, LA 70130

Signing Officer

Name
Shelby Russ
Title
Treasurer
Phone
5045283805
Signed
2025-04-22
Discuss with paid preparer
Yes

Organization Details

Formed
1977
Legal Domicile
La
Voting Board Members
21
Independent Board Members
21
Employees
22
Volunteers
30

Preparer

Firm
Ready CPA
Address
900 Camp St Suite 452, New Orleans, LA 70130
Preparer
Aaron Ready
Phone
5045985253
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Form 990 is reviewed by the finance committee first, and then a copy is distributed to the full board before it is filed.”

Pt VI, Line 12C

“Annually, all board members and key employees renew and sign a conflict of interest policy which lists all of their potential conflicts; therefore, potental conflicts can be avoided in operations.”

Pt VI, Line 15A

“Using comparability data, the board of trustees approves the executive directors employee contract. The executive director determines compensation for all other employees of the organization with an end of year performance evaluation.”

Pt VI, Line 19

“All information is available upon request”

Form 990, Part IX, Line 11G

“Professional/Tech Services 350631. 211967. 100104. 38560.”

Form 990, Part IX, Line 11G

“Artist Fees 73208. 73208. 0. 0.”

Financial Statement Notes

Pt III, Line 4

“The Contemporary Arts Center, as policy, does not buy and sell art. However, throughout the years, several permanent installations have been crafted as fixtures within the building. These fixtures are maintained for public exhibition.”

Pt V, Line 4

“To further the exempt purposes of the organization”

Raw XML AppendixShowing 400 of 590 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.

Path#Value
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IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
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IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0331605
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IRS990/Desc0The CAC presents and supports multi-disciplinary programs of visual and performing arts, education and artist resources. Visual Arts - thousands of patrons passed through the CACs visual art exhibits. Many local and national artists work were shown during the annual season, which featured many separate exhibits. Performing Arts - Provided professional deelopment through artist residencies, space and equipment usage to theatre artists, musicians, and dancers.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Michael Schneider
IRS990/Form990PartVIISectionAGrp/PersonNm1Ausetta Amor Amenkum
IRS990/Form990PartVIISectionAGrp/PersonNm2Warren Surcouf III
IRS990/Form990PartVIISectionAGrp/PersonNm3Gina Monette
IRS990/Form990PartVIISectionAGrp/PersonNm4Shelby E Russ Jr
IRS990/Form990PartVIISectionAGrp/PersonNm5David Baker
IRS990/Form990PartVIISectionAGrp/PersonNm6Bryan Bailey
IRS990/Form990PartVIISectionAGrp/PersonNm7Valerie Besthoff
IRS990/Form990PartVIISectionAGrp/PersonNm8Kevin Ferguson
IRS990/Form990PartVIISectionAGrp/PersonNm9Jonathan Fawer
IRS990/Form990PartVIISectionAGrp/PersonNm10Alana Harris
IRS990/Form990PartVIISectionAGrp/PersonNm11Michael Hecht
IRS990/Form990PartVIISectionAGrp/PersonNm12Delfeayo Marsalis
IRS990/Form990PartVIISectionAGrp/PersonNm13Robin Marrouche
IRS990/Form990PartVIISectionAGrp/PersonNm14Babette Rittenberg
IRS990/Form990PartVIISectionAGrp/PersonNm15Staci Rosenberg
IRS990/Form990PartVIISectionAGrp/PersonNm16Michael Schneider
IRS990/Form990PartVIISectionAGrp/PersonNm17Sharron Silvers
IRS990/Form990PartVIISectionAGrp/PersonNm18Schuyler Williams
IRS990/Form990PartVIISectionAGrp/PersonNm19Ginny Wise
IRS990/Form990PartVIISectionAGrp/PersonNm20Leopoldo Yanez
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