Laumeier Sculpture Park
- Assets
- $5.6m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 47
- Location
- St Louis, MO
- Founding
- 04/1978
- Data as of
- 12/2021
- EIN
- 43-1131429
Organization Overview
Laumeier Sculpture Park is located in St Louis, MO. The organization was established in 1978. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Laumeier Sculpture Park employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laumeier Sculpture Park is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Laumeier Sculpture Park generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE THE COMMUNITY IN ART AND NATURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURATORIAL LAUMEIER SCULPTURE PARK COMMISSIONS, COLLECTS, AND PRESERVES CONTEMPORARY ART WITH A FOCUS ON SCULPTURE THROUGHOUT ITS 105-ACRE CAMPUS. THE ART COLLECTION CONSISTS OF 69 LARGE-SCALE AND SITE-SPECIFIC SCULPTURES ON VIEW OUTDOORS, 18 SCULPTURES IN STORAGE, AND 509 WORKS IN OTHER MEDIA, INCLUDING PRINTS, DRAWINGS, COLLAGES, PHOTOGRAPHS, NEW MEDIA AND MAQUETTES. THESE WORKS ARE PRESERVED FOR FUTURE GENERATIONS THROUGH CARE, MAINTENANCE AND CONSERVATION EFFORTS. ADDITIONALLY, LAUMEIER PRESENTS TEMPORARY, ROTATING SPECIAL PROJECTS AND EXHIBITIONS, BOTH INDOORS AND OUTDOORS. THE CURATION OF PROJECTS AND EXHIBITIONS IS(SEE SCHEDULE O)DRIVEN BY THE ORGANIZATION'S MISSION OF "ENGAGING THE COMMUNITY THROUGH ART AND NATURE". LAUMEIER VIEWS CONTEMPORARY ART AS A MEANS TO SPARK CURIOSITY AND IMAGINATION AND EXPLORE TOPICS THAT ARE UPLIFTING AND THOUGHT-PROVOKING, RANGING FROM BEAUTY AND WONDER TO TIMELY, CHALLENGING SOCIAL AND ENVIRONMENTAL ISSUES.
EDUCATIONLAUMEIER'S EDUCATION PROGRAMS SERVE LIFELONG LEARNERS THROUGH PRINTED PUBLICATIONS AND PROGRAMS INCLUDING LECTURES, CLASSES AND WORKSHOPS, CAMPS, AND COMMUNITY GATHERINGS. THE INSTITUTION'S EDUCATIONAL MISSION IS TO EXPAND CRITICAL AND CREATIVE THINKING THROUGH INTERACTION WITH AND INTERPRETATION OF CONTEMPORARY ART. WE BELIEVE THAT EXPOSURE TO ART AND NATURE ENRICHES INDIVIDUAL LIVES AND POSITIVELY CONTRIBUTES TO LOCAL, NATIONAL AND INTERNATIONAL COMMUNITIES.
EXHIBITSLAUMEIER SCULPTURE PARK PRESENTS AND COMMISSIONS ARTWORKS IN MANY MEDIA, WITH AN EMPHASIS ON SCULPTURE. IN DOING SO, WE SUPPORT THE CAREERS OF LIVING ARTISTS, EDUCATE OUR AUDIENCE ON SIGNIFICANT TRENDS IN THE ARTS, AND CONTRIBUTE TO ART SCHOLARSHIP. LAUMEIER'S EXHIBITION PROGRAM SUPPORTS THE WORK OF EMERGING, MID-CAREER AND ESTABLISHED ARTISTS WHO ARE BASED LOCALLY, NATIONALLY, AND INTERNATIONALLY.
PUBLIC PROGRAMSLAUMEIER SCULPTURE PARK IS AN ACCREDITED MUSEUM AND PUBLIC PARK. THE INSTITUTION PROVIDES A BROAD SPECTRUM OF CULTURALLY ENRICHING ACTIVITIES FOR COMMUNITY MEMBERS AND GUESTS FROM AROUND THE GLOBE TO ENJOY EACH YEAR. PRESENTING A UNIQUE MIX OF ART AND NATURE, LAUMEIER ANNUALLY HOSTS ART FAIR AND MANY OTHER PUBLIC PROGRAMS. THESE PROGRAMS PROVIDE THE PUBLIC OPPORTUNITIES TO PARTICIPATE IN THE COMMUNITY AND FURTHER DEVELOP THEIR APPRECIATION FOR ART AND NATURE BY EXPERIENCING IT IN TANDEM WITH THE RESPECTIVE PROGRAM OFFERINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Ross Executive Director | Officer | 40 | $123,942 |
Matt Harvey Chair (resigned 4/21) | OfficerTrustee | 0.5 | $0 |
Alison Ferring Vice President | OfficerTrustee | 1 | $0 |
Kerrin Kowach Secretary | OfficerTrustee | 1 | $0 |
Travis Sheridan Chair (began 05/21) | OfficerTrustee | 2 | $0 |
Stephanie Copp Martinez Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $130,598 |
| Related organizations | $0 |
| Government grants | $742,301 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,248,370 |
| Noncash contributions included in lines 1a–1f | $24,586 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,121,269 |
| Total Program Service Revenue | $156,070 |
| Investment income | $70,438 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$24,305 |
| Net Gain/Loss on Asset Sales | $31,467 |
| Net Income from Fundraising Events | -$71,436 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,128 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,296,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $133,815 |
| Compensation of current officers, directors, key employees. | $33,453 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $376,506 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,627 |
| Payroll taxes | $48,219 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,443 |
| Fees for services: Accounting | $69,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,461 |
| Fees for services: Other | $147,625 |
| Advertising and promotion | $59,795 |
| Office expenses | $78,806 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,143 |
| Travel | $13,888 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $29,941 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,803 |
| Insurance | $23,706 |
| All other expenses | $541,260 |
| Total functional expenses | $1,645,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,181 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $958,552 |
| Accounts receivable, net | $4,178 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $42,021 |
| Prepaid expenses and deferred charges | $15,502 |
| Net Land, buildings, and equipment | $2,231,320 |
| Investments—publicly traded securities | $2,181,467 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,586,221 |
| Accounts payable and accrued expenses | $141,144 |
| Grants payable | $0 |
| Deferred revenue | $17,355 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,297,681 |
| Secured mortgages and notes payable | $249,900 |
| Unsecured mortgages and notes payable | $174,568 |
| Other liabilities | $0 |
| Total liabilities | $1,880,648 |
| Net assets without donor restrictions | $427,553 |
| Net assets with donor restrictions | $3,278,020 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,586,221 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Laumeier Sculpture Park has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Jane M & Bruce P Robert Charitable Foundation St Louis, MO PURPOSE: GENERAL CONTRIBUTION | $500 |
Endowment Analysis
| Beg. Balance | $2,010,225 |
| Earnings | $254,502 |
| Other Expense | $83,260 |
| Ending Balance | $2,181,467 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mosaic Employee Welfare Benefit Plan Trust Omaha, NE | $7,371,640 | $16,223,052 |
Chicago Architecture Foundation Chicago, IL | $18,456,323 | $14,699,492 |
Frist Art Museum Nashville, TN | $27,247,403 | $12,277,490 |
Fenestration And Glazing Industry Alliance Schaumburg, IL | $6,384,205 | $4,966,632 |
Fibre Box Association Itasca, IL | $1,560,987 | $3,611,412 |
Hyde Park Art Center Chicago, IL | $13,112,741 | $7,741,893 |
Master Craftsmen Foundation Kansas City, MO | $0 | $269 |
Arts Club Of Chicago Chicago, IL | $22,777,301 | $152,339 |
Graham Foundation For Advanced Studies In The Fine Arts Chicago, IL | $0 | $687,158 |
Midwest Old Settlers And Threshers Assn Inc Mt Pleasant, IA | $5,724,252 | $3,761,020 |
Laumeier Sculpture Park St Louis, MO | $5,586,221 | $2,296,143 |
Craft Alliance St Louis, MO | $3,775,459 | $2,483,894 |