Foundation For The Crafts Of The Newcomb Style is located in New Orleans, LA.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL OF THE ASSETS OF THE FOUNDATION WERE IN THE LOUISIANA STATE MUSEUM. 13 PIECES OF POTTERY ARE ON EXHIBIT IN A BUILDING KNOWN AS MADAM JOHN'S LEGACY. 59 PIECES WERE STORED IN THE MUSEUM'S WAREHOUSE. 4 PIECES OF TEXTILES WERE IN A TRAVELING EXHIBIT UNTIL OCTOBER 2016. THE ASSETS CONSIST OF POTTERY, BRASS, SILVER, EMBROIDERED TEXTILES, JEWELRY, PAPER AND OTHER CRAFT OBJECTS PRODUCED BY THE NEWCOMB COLLEGE GUILD FROM THE YEARS 1895-1945. THE FOUNDATION WAS CREATED TO COLLECT THESE OBJECTS AND HOUSE THEM IN THE LOUISIANA STATE MUSEUM FOR PUBLIC VIEWING. THERE IS A LOAN AGREEMENT BETWEEN THE FOUNDATION AND THE MUSEUM. THE MUSEUM DOES ALL OF THE WORK OF DISPLAYING, INSURING AND CARING FOR ALL OF THE CRAFT OBJECTS OF THE FOUNDATION.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8 |
| Total operating and administrative expenses | $1,033 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |