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Press Street FY2022 filing

Tax-deductible

New Orleans, LA501(c)(3)Since 2006EducationEIN 20-5154240Revenue $1.5M in FY2022

On file with the IRSantenna.works3718 Saint Claude Ave, 70117-5748 · New Orleans, LATax-exempt since Aug 2007Publicly supported charity — 170(b)(1)(A)(vi)

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Antenna is a multidisciplinary cultural institution presenting exhibitions, public programs, publishing and regranting located in New Orleans

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average surplus $16K a year · 1% of revenue · last 4 filings
Worth a look: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 4.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $595K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$434K
35% of total assets
Looks good: liabilities are 35% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+22% vs prior year
Spent
$1.7M
To programs
75%
Net assets
$804K
By yearFY2020–FY2024
Revenue
$1.5M
FY2022▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.1M
FY2021$1.2M
FY2022$1.5M
FY2024$952K
Expenses
$1.7M
FY2022▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.5M
FY2022$1.7M
FY2024$972K
Net assets
$804K
FY2022▲ +28%
Tap a bar for its year
Net assets by fiscal year
FY2020$871K
FY2021$629K
FY2022$804K
FY2024$828K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $1.3M Management & general 25% · $412K Fundraising 3% · $42K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Laura Gipson
Secretary
$0Pt VII · Sec A
Ursa Eyer
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Press Street executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Creates and supports artist-driven programs like exhibitions, events, and arts education.

Provided by the organization

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4 programs · $1.3M · in their own filed words · FY2022
01

Project grants of up to $10,000 and research grants of $1500 are awarded annually to New Orleans based individual and collective artists / art groups in support of new and innovative artistic commissions that take place outside the museum or gallery walls, within the public realm, or in a non-traditional exhibition environment.

$1.0Mprogram expense
02

Fiscal Sponsorship

Antenna provides fiscal sponsorship for artists and cultural workers producing works that align with the missions and values.

$131Kprogram expense
03

Antenna Press is dedicated to making digitally printed books that align with Antennas mission to provide support for cultural contributors and cultural bearers who produce projects at the intersection of Gender and Identity, the Environment, Equity, Renewable Resources, Abolition, Restorative Justice, and the histories of the Gulf South.

$109Kprogram expense
04

Platforms Fund

Regranting in partnership with the Andy Warhol Foundation.

$97Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Tides FoundationFY2024$260K
Ford FoundationFY2024$125K
Fidelity Investments Charitable Gift FundFY2024$100K
Vanguard Charitable Endowment ProgramFY2024$50K
Catapult Film FundFY2024$25K
Arts Council of New OrleansFY2024$15K
Donor Advised Charitable Giving INCFY2024$10K
Jewish Endowment FoundationFY2024$5K
Total grants receivedfrom 9 funders$595K
See all 9 funders →
Grants paid · 4 grants · $332K · 2024–2024
Four Winds LLCFY2024$185,700
Unitemized GrantFY2024$107,000
The Water Literacy Film LLCFY2024$38,520
Unitemized GrantFY2024$448

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.3M
Fees for servicesLn 2g$94K
Other incomeLn 4–11$78K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.3M
Managementcol C$412K
Fundraisingcol D$42K
Owns and owesPt X
$804K
net assets · Ln 32
Cash and savingsLn 1–2$650K
Total assetsLn 16$1.2M
LiabilitiesLn 26$434K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$321K
Fees for servicesLn 2g$94K
Investment incomeLn 3$1K
Other incomeLn 4–11$78K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$650K
Total assetsLn 16$1.2M
LiabilitiesLn 26$434K
Net assetsLn 32$804K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $952K$972K−$20K$828K 990 PDF
FY2023 Not on file
FY2022 Viewing $1.5M$1.7M−$198K$804K 990 PDF
FY2021 $1.2M$1.5M−$252K$629K 990 PDF
FY2020 $2.1M$1.5M$532K$871K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (1 part)
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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