Arts, Culture & Humanities
(A510)
IRS Verified
DX Registered
990 on File
NEW ORLEANS MUSEUM OF ART
Financial strength (30%)
59/100
Reliability (20%)
55/100
Effectiveness (25%)
68/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Purpose: We inspire and celebrate the love of art. Mission: NOMA is committed to preserving, presenting, and enriching its collections and renowned sculpture garden; offering innovative experiences for learning and interpretation; and uniting, inspiring, and engaging diverse communities and cultures. Vision: NOMA will be a nexus for the arts in New Orleans, an iconic presence synonymous with the city, and recognized nationally as the foremost cultural institution in the Gulf South.
Financial Overview — FY 2024
$10.0M
Total Revenue
$13.1M
Total Expenses
$101.2M
Net Assets
102
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
60.6%
Fundraising Efficiency
517.2%
Operating Reserve
92.77x
Liability-to-Asset
4.4%
Revenue Diversification
62.0%
Executive Compensation
$717K
Compared with Peers
FY 2024
Compared with 433 similar organizations
(United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
60.6% | 79.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
29.2% | 13.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.3% | 5.9% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
517.2% | 812.3% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
92.8 mo | 29.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.4% | 12.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
62.0% | 67.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-10.2% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.0% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-31.1% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $10.0M | $13.1M | $101.2M | 60.6% | 102 |
| 2023 | $11.1M | $12.1M | $97.4M | 58.0% | 110 |
| 2022 | $12.2M | $11.5M | $92.1M | 54.0% | 118 |
| 2021 | $12.3M | $10.4M | N/A | — | 92 |
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