Audubon Nature Institute Foundation
- Assets
- $40.6m
- Revenue
- $1.6m
- Investments
- $9.4m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 11/1991
- Data as of
- 12/2021
- EIN
- 58-1958248
Organization Overview
Audubon Nature Institute Foundation is located in New Orleans, LA. The organization was established in 1991. According to its NTEE Classification (C11) the organization is classified as: Single Organization Support, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Audubon Nature Institute Foundation 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, Audubon Nature Institute Foundation generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $1.9m 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
PROVIDE FUNDING FOR THE FACILITIES MANAGED BY AUDUBON NATURE INSTITUTE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENDOWMENT INCOME TRANSFERS TO THE AUDUBON ZOO & PARK, THE AUDUBON FREEPORT-MCMORAN SPECIES SURVIVAL CENTER, THE AQUARIUM OF THE AMERICAS AND RIVERFRONT PARK, AND AUDUBON LOUISIANA NATURE CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles C Teamer Sr PHD Vice Chairman | OfficerTrustee | 1 | $0 |
Donald T Bollinger Chairman | OfficerTrustee | 1 | $0 |
L Ronald Forman President/ceo | Officer | 1 | $0 |
Laurie Conkerton Secretary/treasurer | Officer | 3 | $0 |
Linda G Baum Board Member | Trustee | 1 | $0 |
Peter E Moss Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $144,340 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,680 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $202,020 |
| Total Program Service Revenue | $0 |
| Investment income | $376,953 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,034,856 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,613,829 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,682,136 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $214,933 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,916,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,653 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $31,086,937 |
| Investments—other securities | $9,418,650 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,562,240 |
| Accounts payable and accrued expenses | $750 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $750 |
| Net assets without donor restrictions | $6,924,023 |
| Net assets with donor restrictions | $33,637,467 |
| 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 | $40,562,240 |
Grants Awarded
Over the last fiscal year, Audubon Nature Institute Foundation has awarded $4,016,574 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AUDUBON COMMISSION PURPOSE: Supporting Programs and Operations of the Facilities managed by Audubon Nature Institute | $3,516,574 |
New Orleans, LA PURPOSE: General operational support | $500,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Audubon Nature Institute Foundation has recieved totaling $146,340.
| Awarding Organization | Amount |
|---|---|
Audubon Nature Institute Inc New Orleans, LA PURPOSE: Supports Programs, Capital Projects, and Operations of Facilities | $144,340 |
James P Raymond Jr Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
Endowment Analysis
| Beg. Balance | $33,927,750 |
| Earnings | $6,610,000 |
| Admin Expense | $234,183 |
| Net Contributions | $202,020 |
| Ending Balance | $40,505,587 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Bayou Partnership Houston, TX | $45,594,943 | $11,204,207 |
Parks And Wildlife Foundation Of Texas Inc Dallas, TX | $79,801,528 | $10,496,490 |
Brit Foundation Fort Worth, TX | $76,870,133 | $530,717 |
Lakewood Forest Fund Inc Cypress, TX | $1,655,383 | $2,059,583 |
Audubon Nature Institute Foundation New Orleans, LA | $40,562,240 | $1,613,829 |
Wildlife Conservation International Austin, TX | $962,082 | $1,156,966 |
Dsc Foundation Inc Dallas, TX | $1,126,886 | $791,995 |
Womens Council Of The Dallas Arboretum & Botanical Garden Dallas, TX | $776,998 | $597,873 |
Sustaining Our Urban Landscape Soul New Orleans, LA | $758,243 | $600,147 |
Dallas Arboretum Foundation Dallas, TX | $14,679,423 | $4,550,886 |
Nola Tree Project New Orleans, LA | $325,946 | $394,481 |
National Audubon Society Trust Uw Nathaniel Blackburn Dallas, TX | $4,269,122 | -$133,177 |