Louisiana Endowment for the Humanities

Nonprofit profile at a glance

EIN
720795568
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
New Orleans, LA, USA
Phone
5045234352
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Humanities Organizations

Official website

Reported finances

Revenue
$7,541,277
Expenses
$5,632,722
Assets
$13,803,814
Liabilities
$968,529

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

34 people listed

Executive titles in this filing

  • MIRANDA RESTOVIC (PRESIDENT/EXECUTIVE DIRECT)

Highest reported compensation

  • MIRANDA RESTOVIC (PRESIDENT/EXECUTIVE DIRECT): $270,400 total reported compensation
  • PATRICK CARRIER (COO): $167,700 total reported compensation
  • SHANTRELL AUSTIN (CHIEF OF STAFF): $160,680 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Louisiana endowment for the humanities is a non-profit organization whose mission is to partner with communities, institutions, and individuals to explore Louisiana's past, reflect on our present, and imagine our future.

What it reported doing in 2024

Publishing the leh publishes vibrant and relevant original writing, research, art, and photography in a quarterly magazine, large-format books, and through an online digital archive of scholarship on Louisiana. 64 parishes (print) is distributed statewide and seeks to reach all residents of our state through the work of our vibrant and growing team of la-based contributors. 64 parishes (online) is available to anyone at any time and includes special features for students, teachers and cultural travelers. 64 parishes (online) also brings together cultural and historical materials from most of Louisiana's major archives and special collections. Our books focus on specific topics of high interest like the tricentennial anniversary of the city of new orleans and are actively sought out by residents of our state. In our publishing work, we tell the stories and highlight the artistry and cultural heritage of Louisiana through powerful scholarship, dynamic media, scholar-driven digital archives, and original cultural reporting.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 92% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 64
  • Accountability: 91
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.8%; rating input score 66
  • Program expense ratio: 66.1%; rating input score 66
  • Fundraising efficiency: $9.26 raised per $1 spent on fundraising; rating input score 35; 35th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 71.8%; rating input score 72; 19th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 25.3%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 2.45; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 19.3%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 13% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 7.8% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 5.7% per year; rating input score 100; 38th percentile among comparable filings

Details

  • Where the money goes: 65.8% of revenue deployed · 66.1% of spending went to programs
  • Governance: 27 of 27 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $3.7M in reported program spending
  • Leadership: top reported pay $270K · 34 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $820K reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 10 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 29 filed money-flow records
  • Related organizations: 24 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 35/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.