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SHREVEPORT, LA

R W Norton Art Foundation

Quick Facts

EIN
720517182
Location
SHREVEPORT, LA
Category
General
Total Assets
$92.9M
Annual Income
$7M
IRS Ruling Year
1947
Organization Type
Co-operative
Principal Officer
% Ruth Norton
Tax Deductibility
Contributions are deductible

About This Foundation

R W Norton Art Foundation is a private co-operative based in SHREVEPORT, LA. The foundation received its IRS ruling in 1947. The principal officer is % Ruth Norton. It holds total assets of $92.9M. Annual income is reported at $7M. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$2.5M

2023+12%

Total Assets

$92.7M

2023-1%

Fair Market Value

$181.1M

2023

Net Worth

$92.7M

2023

Grants Paid

$0

2023

Contributions

$19K

2023

Net Investment Income

$1.8M

2023

Distribution Amount

$0

2023

Total Giving by Year

$2.6M
11
$2.6M
12
$2.8M
13
$3M
14
$2.8M
15
$2.4M
19
$1.9M
20
$1.9M
21
$2.3M
22
$2.5M
23

Asset Growth

$78.9M
11
$79.2M
12
$80.5M
13
$85M
14
$86.7M
15
$89.8M
19
$89.4M
20
$90.6M
21
$93.3M
22
$92.7M
23

Investment Portfolio (2023)

Total: $31.5M

Corporate Stock: $18.7M
Corporate Bonds: $12.8M
Cash: $534K
Corporate Stock (58%)
Corporate Bonds (40%)
Cash (2%)

Expense Breakdown (2023)

Occupancy$253K
Officer Compensation$197K
Printing & Publications$3K
Accounting Fees$2K
Pension & Benefits$2K
Travel & Conferences$250

Revenue Sources (2023)

Dividends
$1.2M
Interest
$288K
Capital Gains (Net)
$271K
Other Income
$173K
Contributions
$19K

Financial Details (2023)

Total Revenue
$2M
Total Expenses
$2.5M
Exempt Purpose Expenses
$2.4M
Required Distribution
$0
Undistributed Income
$0
Total Liabilities
$1
Excise Tax
$25K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing
2018-12990PFView Filing
2017-12990PFView Filing
2016-12990PFView Filing
2015-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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