The Womans Exchange, operating under the name Hermann-Grimagallier Historic House, is located in New Orleans, LA. The organization was established in 1937. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Hermann-Grimagallier Historic House employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hermann-Grimagallier Historic House 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 06/2022, Hermann-Grimagallier Historic House generated $896.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $850.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
THE WOMAN'S EXCHANGE ("TWE") IS A NONPROFIT ORGANIZATION WHICH OWNS THE HERMANN- GRIMA AND THE GALLIER HISTORIC HOUSES, NATIONAL HISTORIC LANDMARKS IN NEW ORLEANS, LOUISIANA AND OPERATES THEM AS HISTORICAL MUSEUMS. TWE PRESERVES THESE 19TH-CENTURY FRENCH QUARTER HOMES AND, THROUGH THEIR ARCHITECTURE, COLLECTIONS, AND HISTORY INSPIRES DISCOURSE ABOUT THE COLLECTIVE PAST AND ITS RELEVANCE TO THE PRESENT AND FUTURE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Raymond President | OfficerTrustee | 3 | $0 |
Lori Paige Vice President | OfficerTrustee | 3 | $0 |
Holly Nieset Treasurer | OfficerTrustee | 3 | $0 |
Sarah Sharp Meckstroth Assistant Treasurer | OfficerTrustee | 3 | $0 |
Mary Schmidt Secretary | OfficerTrustee | 3 | $0 |
Angel Adams Parham Board Member | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,600 |
| Fundraising events | $4,275 |
| Related organizations | $0 |
| Government grants | $325,466 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,115 |
| Noncash contributions included in lines 1a–1f | $7,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $357,456 |
| Total Program Service Revenue | $104,249 |
| Investment income | $131,120 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $184,950 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $88,316 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $11,010 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $896,418 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $448,589 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,913 |
| Payroll taxes | $33,140 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,307 |
| Advertising and promotion | $18,424 |
| Office expenses | $31,824 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,488 |
| 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 | $93,107 |
| Insurance | $29,569 |
| All other expenses | $1,634 |
| Total functional expenses | $850,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,647 |
| Savings and temporary cash investments | $729,641 |
| Pledges and grants receivable | $127,293 |
| Accounts receivable, net | $219 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $32,377 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $926,258 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,493,581 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,346,631 |
| Total assets | $8,996,647 |
| Accounts payable and accrued expenses | $37,146 |
| 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 | $37,146 |
| Net assets without donor restrictions | $2,584,187 |
| Net assets with donor restrictions | $6,375,314 |
| 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 | $8,996,647 |