Civic Intelligence

Rivers Institute

EIN 84-2899785 • 501(c)3 • New Orleans, LA

Profile

Rivers institute for contemporary art & thought (rivers) is a non-profit institute, supporting artists of the global diaspora. Founded in new orleans in 2019, rivers recognizes art as forms of diaspora, shaped by geographic, social, political, environmental, and economic histories. From a cultural landscape predicated upon and consigned to a future of migration, we work to connect the depth of knowledge found in new orleans with artists and scholars working across the globe.

5352 Camp StreetNew Orleans, LA 70115

riversinstitute.org

Siviq Scores

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

Liabilities / Assets

58th percentile

0.04x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.02x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

84th percentile

35%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

20%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$472,415

Up $121,935 (+35%) from 2023

Liabilities

Up

$19,075

Up $11,286 (+145%) from 2023

Net Assets

Up

$453,340

Up $110,649 (+32%) from 2023

Operations
Liabilities / Revenue53rd percentileNet Margin63rd percentile

Revenue

Up

$931,004

Up $153,469 (+20%) from 2023

Expenses

Up

$820,355

Up $135,566 (+20%) from 2023

Net Income

Up

$110,649

Up $17,903 (+19%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth84th percentile

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

$600K$400K$200K$0Assets 2021: $62,650Liabilities 2021: $590Net Assets 2021: $62,0602021Assets 2022: $261,594Liabilities 2022: $11,649Net Assets 2022: $249,9452022Assets 2023: $350,480Liabilities 2023: $7,789Net Assets 2023: $342,6912023Assets 2024: $472,415Liabilities 2024: $19,075Net Assets 2024: $453,3402024

Highlighted filing

2024

Assets$472,415
Liabilities$19,075
Net Assets$453,340
Open 2024 Filing

Operations Trend

Revenue Growth66th percentile

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

$1.0M$500K$0Revenue 2021: $153,450Expenses 2021: $91,390Net Income 2021: $62,0602021Revenue 2022: $553,139Expenses 2022: $540,573Net Income 2022: $12,5662022Revenue 2023: $777,535Expenses 2023: $684,789Net Income 2023: $92,7462023Revenue 2024: $931,004Expenses 2024: $820,355Net Income 2024: $110,6492024

Highlighted filing

2024

Revenue$931,004
Expenses$820,355
Net Income$110,649
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$472,415
Liabilities
$19,075
Net assets
$453,340
Revenue
$931,004
Expenses
$820,355
Net income
$110,649
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.72$0.19$4.53$9.31$8.20$1.11
2023Detailed filing. Detailed filing data is available for this year.$3.50$0.08$3.43$7.78$6.85$0.93
2022Detailed filing. Detailed filing data is available for this year.$2.62$0.12$2.50$5.53$5.41$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.62$1.53$0.91$0.62
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 12, 2025
Return Version
2024v5.2
Gross Receipts
$931,004
Mission and Program Overview

Mission

Rivers Institute for Contemporary Art & Thought (Rivers) is an institute for research, publishing and exhibitions of contemporary art. Based in New Orleans, Rivers recognizes art as forms of thought shaped by geographic, social, political, environmental and economic histories.

Rivers institute for contemporary art & thought commits to migrational imaginations. Based in new orleans, a place predicated upon and consigned to futures of displacement, our program is rooted in both the precarity and joy of landscape and community. We welcome artists from around the world into extended fellowship and project development. And through our carefully cultivated network of partners, we realize and share books, exhibitions, performances and explore new forms of distribution with communitites globally. Through multi-year commitments with rigorous and adventurous artists, we support the development of innovative and multi-platform works and see to their wide and deep circulation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$350,480$472,415▲ $121,935
Total Assets$350,480$472,415▲ $121,935
Liabilities
Accounts Payable and Accrued Expenses$7,789$19,075▲ $11,286
Total Liabilities$7,789$19,075▲ $11,286
Net Assets / Fund Balance
Net Assets With Donor Restrictions$348,674$453,340▲ $104,666
Net Assets Without Donor Restrictions$-5,983$0▲ $5,983
Total Net Assets Fund Balance$342,691$453,340▲ $110,649
Total Liabilities and Net Assets / Fund Balance$350,480$472,415▲ $121,935
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Adam HawfChairperson
Ben SontheimerBoard Member
Gardy St FleurBoard Member
Jeremy Toussaint-baptisteBoard Member
Katherine Lauricella AinsleyBoard Member
Matthew WoodBoard Member
Seth StolbunBoard Member
Ayesha WilliamsSecretary
Julia VlockTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$928,500
Program Service Revenue
$2,504
Investment Income
$0
Other Revenue
$0
All Other Contributions
$928,500
Change in Net Assets
$110,649
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$460,558
Other Expenses$329,742
Total Fundraising Expense$114,659
Grants and Similar Amounts Paid$30,055
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$193,750$100,750$93,000$387,500
Travel$44,178$2,475$4,125$50,778
Other Employee Benefits$20,963$10,901$10,062$41,926
Payroll Taxes$15,566$8,094$7,472$31,132
Grants to Domestic Orgs$30,055--$30,055
All Other Expenses$24,097$3,763-$27,860
Fees for Services Other$16,622$8,607-$25,229
Fees for Services Accounting-$15,724-$15,724
Other Expenses$15,499--$15,499
Occupancy-$12,851-$12,851
Insurance-$8,117-$8,117
Office Expenses$4,421$2,178-$6,599
Information Technology-$2,832-$2,832
Total Functional Expenses$529,404$176,292$114,659$820,355
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
Backup withholding compliance
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

Governance Explanations

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

“A copy of the form 990 is provided to board members.”

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

“Ed compensation is determined by the board.”

Form 990, Part VI, Section B, Line 15A

“Each officer, director, advisory board member, ex officio member, ceo, or committee member shall annually sign a statement which affirms such person: (i) has received a copy of the conflicts of interest policy; (ii) has read and understands the policy; (iii) has agreed to comply with the policy; and (iv) understands the corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes.”

Form 990, Part VI, Section C, Line 18

“AVAILABLE UPON REQUEST.”

Form 990, Part VI, Section C, Line 19

“Documents are available for public inspection.”

Filing and Contact Details

Filer

Filer Name
Rivers Institute
EIN
84-2899785
Phone
9178621692
Address
5352 CAMP STREET, NEW ORLEANS, LA 70115
Doing Business As
Rivers Institute for Contemporary Ar

Signing Officer

Name
Andrea Andersson
Title
Director
Phone
9178621692
Signed
2025-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Andersson
Formed
2020
Legal Domicile
La
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
0

Preparer

Firm
Hannis T Bourgeois Llp
Address
650 POYDRAS ST SUITE 1200, NEW ORLEANS, LA 70130
Preparer
Deborah I Moran
Phone
5042740200
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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/ReportOtherLiabilitiesInd00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt046814
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ED COMPENSATION IS DETERMINED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH OFFICER, DIRECTOR, ADVISORY BOARD MEMBER, EX OFFICIO MEMBER, CEO, OR COMMITTEE MEMBER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (I) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; (II) HAS READ AND UNDERSTANDS THE POLICY; (III) HAS AGREED TO COMPLY WITH THE POLICY; AND (IV) UNDERSTANDS THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/WebsiteAddressTxt0HTTPS://RIVERSINSTITUTE.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREA ANDERSSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09178621692
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVERS INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0842899785
ReturnHeader/Filer/PhoneNum09178621692
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ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0720636725
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HANNIS T BOURGEOIS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0650 POYDRAS ST SUITE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW ORLEANS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070130
ReturnHeader/PreparerPersonGrp/PhoneNum05042740200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEBORAH I MORAN
ReturnHeader/ReturnTs02025-08-13T09:07:01-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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