May Gallery Inc
Nonprofit profile at a glance
- EIN
- 463096111
- IRS 990-EZ coverage
- 2014–2015
- Forms available
- Form 990-EZ 2015
- Location
- New Orleans, LA, USA
- Phone
- 5043163474
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Museum, Museum Activities
Reported finances
- Revenue
- $67,638
- Expenses
- $44,743
- Assets
- $26,815
- Liabilities
- $7,562
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- SAMUEL KOPPER (Executive Dir.)
- PATRICIA WILLIAMS (Treasurer)
- FRANCESCA SCHWARTZ (MEMBER AT LARGE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
May exhibits exceptional international contemporary art and concurrently provides educational public programming to New Orleans and southeastern U.S. May's education program teaches critical though through public discussions, publishing, exhibitions and by actively integrating international resident-artists into surrounding communities. May provides art practitioners with resources to achieve a higher level of professional creative development, and encourages a greater acknowledgment, understanding and value of contemporary art in New Orleans and the South East. Our goal is to actively seek links between the arts, other areas of cultural production and the sciences and to involve art as a contributing voice in the global intellectual, social and political discourse.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% 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.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.2%; rating input score 66
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 33.8%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 57.9% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 100% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 145.2% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 66.2% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $45K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2014 to 2015
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.