R W Norton Art Foundation

Steve D Burkhalter Trust Tax Off

Shreveport, LA
Tax-exempt since Feb. 1947
EIN: 72-0517182

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$1.96M (2023)

Expenses

$2.55M (2023)

Total Assets

$92.7M (2023)

Total Liabilities

$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$1,962,561

Expenses

$2,546,322

Net Income

-$583,761

Net Assets

$92,724,351

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$19,270	1.0%
Interest Revenue	$288,470	14.7%
Dividends	$1,210,736	61.7%
Sales of Assets	$271,067	13.8%
Other Income	$173,018	8.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,398,324	94.2%
Compensation of Officers*	$197,331	7.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$92,724,351
Total Liabilities	$0
Net Assets	$92,724,351

Compensation

Key Employees and Officers	Compensation	Other
Cadence Bank (Trustee)	$197,331	$0
Kip Dehart (Horticulturist)	$76,513	$0
Matthew Hazelton (Maint. Supervisor)	$65,955	$0
Emily Feazel (Designer Of Exhibits)	$64,835	$0
Loren Culver (Digital Archivist)	$52,550	$0
Maxwell Lewis Norton (President)	$0	$0
Ruth Norton (Secretary Treasurer)	$0	$0
Joseph L Hargrove (Board Member)	$0	$0
Richard H Sale (Board Member)	$0	$0
Joseph A Waddell Jr (Board Member)	$0	$0
Samuel A Norton (Board Member)	$0	$0
Sally A Norton (Board Member)	$0	$0

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990-PF

Filed on Dec. 16, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$4,994,780

Expenses

$2,271,391

Net Income

$2,723,389

Net Assets

$93,308,112

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,681	0.1%
Interest Revenue	$14,955	0.3%
Dividends	$1,100,481	22.0%
Sales of Assets	$3,586,975	71.8%
Other Income	$288,688	5.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,114,597	93.1%
Compensation of Officers*	$209,059	9.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$93,308,112
Total Liabilities	$0
Net Assets	$93,308,112

Compensation

Key Employees and Officers	Compensation	Other
Cadence Bank (Trustee)	$209,059	$0
Kip Dehart (Horticulturist)	$69,238	$0
Emily Feazel (Designer Of Exhibits)	$60,392	$0
Matthew Hazelton (Maint. Supervisor)	$59,680	$0
Loren Culver (Digital Archivist)	$52,541	$0
Maxwell Lewis Norton (President)	$0	$0
Ruth Norton (Secretary Treasurer)	$0	$0
Joseph L Hargrove (Board Member)	$0	$0
Richard H Sale (Board Member)	$0	$0
Joseph A Waddell Jr (Board Member)	$0	$0
Samuel A Norton (Board Member)	$0	$0
Sally A Norton (Board Member)	$0	$0

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990-PF

Filed on Nov. 7, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$3,020,184

Expenses

$1,865,609

Net Income

$1,154,575

Net Assets

$90,584,723

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$979	0.0%
Interest Revenue	$546	0.0%
Dividends	$1,121,486	37.1%
Sales of Assets	$1,717,118	56.9%
Other Income	$180,055	6.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,714,996	91.9%
Compensation of Officers*	$200,817	10.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$90,584,723
Total Liabilities	$0
Net Assets	$90,584,723

Compensation

Key Employees and Officers	Compensation	Other
Bancorpsouth (Trustee)	$200,817	$0
Kip Dehart (Horticulturist)	$63,241	$0
Jeremy Hammontree (Maint. Supervisor)	$59,202	$0
Emily Feazel (Designer Of Exhibits)	$53,202	$0
Matthew Hazelton (Maint. Supervisor)	$53,160	$0
Loren Culver (Digital Archivist)	$52,000	$0
Maxwell Lewis Norton (President)	$0	$0
Ruth Norton (Secretary Treasurer)	$0	$0
Joseph L Hargrove (Board Member)	$0	$0
Richard H Sale (Board Member)	$0	$0
Joseph A Waddell Jr (Board Member)	$0	$0
Samuel A Norton (Board Member)	$0	$0
Sally A Norton (Board Member)	$0	$0

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990-PF

Filed on May 9, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$1,517,064

Expenses

$1,910,549

Net Income

-$393,485

Net Assets

$89,430,147

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$124,275	8.2%
Interest Revenue	$6,719	0.4%
Dividends	$985,543	65.0%
Sales of Assets	$274,076	18.1%
Other Income	$126,451	8.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,788,328	93.6%
Compensation of Officers*	$162,961	8.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$89,430,148
Total Liabilities	$1
Net Assets	$89,430,147

Compensation

Key Employees and Officers	Compensation	Other
Bancorpsouth (Trustee)	$162,961	$0
Jeremy Hammontree (Maint. Supervisor)	$61,346	$4,369
Kip Dehart (Horticulturist)	$58,692	$1,560
Micah Stewart (Education Supervisor)	$56,058	$1,650
Emily Feazel (Designer Of Exhibits)	$53,500	$0
Loren Culver (Digital Archivist)	$53,000	$780
Maxwell Lewis Norton (President)	$0	$0
Ruth Norton (Secretary Treasurer)	$0	$0
Joseph L Hargrove (Board Member)	$0	$0
Richard H Sale (Board Member)	$0	$0
Joseph A Waddell Jr (Board Member)	$0	$0
Samuel A Norton (Board Member)	$0	$0
Sally A Norton (Board Member)	$0	$0

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990-PF

Filed on Nov. 15, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$1,633,932

Expenses

$2,413,865

Net Income

-$779,933

Net Assets

$89,823,632

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$12,826	0.8%
Interest Revenue	$27,139	1.7%
Dividends	$1,076,755	65.9%
Sales of Assets	$339,406	20.8%
Other Income	$177,806	10.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,254,201	93.4%
Compensation of Officers*	$200,886	8.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$89,823,633
Total Liabilities	$1
Net Assets	$89,823,632

Compensation

Key Employees and Officers	Compensation	Other
Bancorpsouth (Trustee)	$200,886	$0
Gerry Ward (Buildings And Ground)	$82,612	$6,702
Jeremy Hammontree (Maint. Supervisor)	$58,083	$3,847
Kip Dehart (Horticulturist)	$58,083	$1,590
Micah Stewart (Education Supervisor)	$56,083	$4,001
Everl Adair (Researcher)	$55,641	$7,403
Maxwell Lewis Norton (President)	$0	$0
Ruth Norton (Secretary Treasurer)	$0	$0
Joseph L Hargrove (Board Member)	$0	$0
Richard H Sale (Board Member)	$0	$0
Joseph A Waddell Jr (Board Member)	$0	$0
Samuel A Norton (Board Member)	$0	$0
Sally A Norton (Board Member)	$0	$0

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990-PF

Filed on July 2, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$2,306,129

Expenses

$2,513,483

Net Income

-$207,354

Net Assets

$90,603,566

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,635	0.2%
Interest Revenue	$12,973	0.6%
Dividends	$1,079,586	46.8%
Sales of Assets	$947,162	41.1%
Other Income	$260,773	11.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,357,761	93.8%
Compensation of Officers*	$217,560	8.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$90,603,566
Total Liabilities	$0
Net Assets	$90,603,566

Compensation

Key Employees and Officers	Compensation	Other
Bancorpsouth (Trustee)	$217,560	$0
Gerry Ward (Buildings And Ground)	$82,658	$7,085
Jeremy Hammontree (Maint. Supervisor)	$58,367	$4,094
Kip Dehart (Horticulturist)	$58,265	$1,560
Micah Stewart (Education Supervisor)	$56,161	$3,178
Everl Adair (Researcher)	$55,895	$8,032
Maxwell Lewis Norton (President)	$0	$0
Ruth Norton (Secretary Treasurer)	$0	$0
Joseph L Hargrove (Board Member)	$0	$0
Richard H Sale (Board Member)	$0	$0
Joseph A Waddell Jr (Board Member)	$0	$0
Samuel A Norton (Board Member)	$0	$0
Sally A Norton (Board Member)	$0	$0

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990-PF

Filed on Aug. 12, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$4,785,265

Expenses

$2,547,166

Net Income

$2,238,099

Net Assets

$90,810,920

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$19,833	0.4%
Interest Revenue	$8,030	0.2%
Dividends	$939,964	19.6%
Sales of Assets	$3,561,613	74.4%
Other Income	$255,825	5.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,388,479	93.8%
Compensation of Officers*	$211,583	8.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$90,810,920
Total Liabilities	$0
Net Assets	$90,810,920

Compensation

Key Employees and Officers	Compensation	Other
Bancorpsouth (Trustee)	$211,583	$0
Gerry Ward (Buildings And Ground)	$82,726	$6,980
Everl Adair (Researcher)	$55,769	$8,080
Kip Dehart (Horticulturist)	$55,555	$1,590
Loren Culver (Digital Archivist)	$53,083	$3,454
Micah Stewart (Education Supervisor)	$50,623	$2,670
Maxwell Lewis Norton (President)	$0	$0
Ruth Norton (Secretary Treasurer)	$0	$0
Joseph L Hargrove (Board Member)	$0	$0
Richard H Sale (Board Member)	$0	$0
Joseph A Waddell Jr (Board Member)	$0	$0
Samuel A Norton (Board Member)	$0	$0
Sally A Norton (Board Member)	$0	$0

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990-PF

Filed on Nov. 13, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$4,598,088

Expenses

$2,681,884

Net Income

$1,916,204

Net Assets

$88,572,821

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$6,839	0.1%
Interest Revenue	$2,718	0.1%
Dividends	$997,348	21.7%
Sales of Assets	$3,367,778	73.2%
Other Income	$223,405	4.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,530,369	94.4%
Compensation of Officers*	$202,020	7.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$88,572,821
Total Liabilities	$0
Net Assets	$88,572,821

Compensation

Key Employees and Officers	Compensation	Other
Bancorpsouth (Trustee)	$202,020	$0
Gerry Ward (Buildings And Ground)	$83,529	$1,300
Kip Dehart (Landscape Designer)	$57,753	$1,560
Everl Adair (Staff Writer)	$56,656	$7,962
Micah Stewart (Education Supervisor)	$55,430	$3,622
Loren Culver (Digital Archivist)	$54,000	$780
Maxwell Lewis Norton (President)	$0	$0
Ruth Norton (Secretary Treasurer)	$0	$0
Joseph L Hargrove (Board Member)	$0	$0
Richard H Sale (Board Member)	$0	$0
Joseph A Waddell Jr (Board Member)	$0	$0
Samuel A Norton (Board Member)	$0	$0
Sally A Norton (Board Member)	$0	$0

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990-PF

Filed on Nov. 10, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$4,479,031

Expenses

$2,805,414

Net Income

$1,673,617

Net Assets

$86,656,617

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,106	0.1%
Interest Revenue	$318	0.0%
Dividends	$1,078,632	24.1%
Sales of Assets	$3,071,369	68.6%
Other Income	$323,606	7.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,631,044	93.8%
Compensation of Officers*	$232,493	8.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$86,656,617
Total Liabilities	$0
Net Assets	$86,656,617

Compensation

Key Employees and Officers	Compensation	Other
Bancorpsouth (Trustee)	$232,493	$0
Gerry Ward (Security Supervisor)	$86,233	$6,216
Gary Ford (Staff Writer)	$77,373	$6,475
Francis T Devers (Bldg Maint Superviso)	$73,939	$1,578
Emily Boykin (Education Department)	$64,041	$1,850
Everl Adair (Conductor Of Researc)	$56,656	$7,016
Maxwell Lewis Norton (President)	$0	$0
Ruth Norton (Secretary Treasurer)	$0	$0
Joseph L Hargrove (Board Member)	$0	$0
Richard H Sale (Board Member)	$0	$0
Joseph A Waddell Jr (Board Member)	$0	$0
Samuel A Norton (Board Member)	$0	$0
Sally A Norton (Board Member)	$0	$0

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990-PF

Filed on Nov. 14, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$7,472,103

Expenses

$2,995,049

Net Income

$4,477,054

Net Assets

$84,983,000

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$12,082	0.2%
Interest Revenue	$202	0.0%
Dividends	$1,100,704	14.7%
Sales of Assets	$5,753,026	77.0%
Other Income	$606,089	8.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,813,427	93.9%
Compensation of Officers*	$242,163	8.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$84,983,000
Total Liabilities	$0
Net Assets	$84,983,000

Compensation

Key Employees and Officers	Compensation	Other
Bancorpsouth (Trustee)	$242,163	$0
Jerry Bloomer (Public Realtions Dir)	$130,589	$0
Gerry Ward (Grounds Supervisor)	$89,369	$12,223
Francis T Devers (Bldg And Maint Super)	$78,487	$8,354
Gary Ford (Staff Writer)	$75,919	$17,740
Emily Boykin (Other)	$64,239	$1,785
Al W Coon (Vice President)	$0	$0
Joseph L Hargrove (Board Member)	$0	$0
Ruth Norton (Secretary Treasurer)	$0	$0
Maxwell Lewis Norton (President)	$0	$0
Richard H Sale (Board Member)	$0	$0
Joseph A Waddell Jr (Board Member)	$0	$0

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990-PF

Filed on Nov. 16, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$4,062,693

Expenses

$2,782,870

Net Income

$1,279,823

Net Assets

$80,505,946

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$726	0.0%
Interest Revenue	$442	0.0%
Dividends	$1,061,733	26.1%
Sales of Assets	$2,240,166	55.1%
Other Income	$759,626	18.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,604,233	93.6%
Compensation of Officers*	$232,708	8.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$80,505,946
Total Liabilities	$0
Net Assets	$80,505,946

Compensation

Key Employees and Officers	Compensation	Other
Bancorpsouth (Trustee)	$232,708	$0
Gerry Ward (Grounds Supervisor)	$81,529	$6,125
Jerry Bloomer (Public Realtions Dir)	$76,405	$0
Francis T Devers (Bldg And Maint Super)	$74,506	$8,229
Gary Ford (Staff Writer)	$72,881	$12,000
Emily Boykin (Other)	$61,669	$1,785
Al W Coon (Vice President)	$0	$0
Joseph L Hargrove (Board Member)	$0	$0
Ruth Norton (Secretary Treasurer)	$0	$0
Maxwell Lewis Norton (President)	$0	$0
Richard H Sale (Board Member)	$0	$0
Joseph A Waddell Jr (Board Member)	$0	$0

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990-PF

Filed on Nov. 14, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$2,910,163

Expenses

$2,620,849

Net Income

$289,314

Net Assets

$79,226,123

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,481	0.1%
Interest Revenue	$623,957	21.4%
Dividends	$491,163	16.9%
Sales of Assets	$1,264,183	43.4%
Other Income	$529,379	18.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,450,445	93.5%
Compensation of Officers*	$302,617	11.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$79,226,123
Total Liabilities	$0
Net Assets	$79,226,123

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$2,303,057

Expenses

$2,572,700

Net Income

-$269,643

Net Assets

$78,909,463

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,012	0.0%
Interest Revenue	$614,503	26.7%
Dividends	$430,923	18.7%
Sales of Assets	$787,253	34.2%
Other Income	$469,366	20.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,393,290	93.0%
Compensation of Officers*	$314,801	12.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$78,909,463
Total Liabilities	$0
Net Assets	$78,909,463

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R W Norton Art Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.96M (2023)

Expenses $2.55M (2023)

Total Assets $92.7M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

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990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

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990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$1.96M (2023)

Expenses

$2.55M (2023)

Total Assets

$92.7M (2023)

Total Liabilities

$0 (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001