Patrons of the Vatican Museums of the South Inc
Nonprofit profile at a glance
- EIN
- 833154636
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990 2021, Form 990-EZ 2025, Form 990-N 2020
- Location
- New Orleans, LA, USA
- Phone
- 5046690566
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Roman Catholic
- Affiliation
- Interfaith
Reported finances
- Revenue
- $87,551
- Expenses
- $127,818
- Assets
- $88,841
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- MICHAEL VALES (PRESIDENT)
People named in this filing
- MICHAEL VALES (PRESIDENT)
- DR DENISE DERBES (BOARD MEMBER)
- DR TONY FUSELIER (BOARD MEMBER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To help support artistic conservation projects, donate equipment for restoration laboratories, and assist in the restructuring of the museums. The patrons of the arts in the vatican museums is a non-profit interfaith group that is committed to the restoration, preservation, and increase in artistic patrimony of the collections and buildings of the vatican museums, while furthering the understanding and knowledge of its members of these works of art through lectures, meetings and visits to the vatican
What it reported doing in 2025
Various charitable contributions
Operating model
- Revenue model
- Membership-supported. 95% of the money available for current operations came from membership dues.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 32
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.8%; rating input score 89
- Program expense ratio: 60.6%; rating input score 61
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -46%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 63.6% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: -33.4% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 8% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: 88.8% of revenue deployed · 60.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $78K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- 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.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.