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Nonprofit · EIN 72-0517182

R W NORTON ART FOUNDATION

Also known as STEVE D BURKHALTER TRUST TAX OFF

Tax-exempt · SHREVEPORT, LA 71106

Financials

$2M$2.5M2023$2.9M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of R W NORTON ART FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,891,885$2,708,137$183,748$92,908,099$0$92,908,099
December 31, 2023990-PF$1,962,561$2,546,322-$583,761$92,724,351$0$92,724,351
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,997
Dividends
$1,372,615
Interest
$195,057
Net gain from sales of assets
$865,310
Other income
$451,906

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$260,231
Salaries, compensation and benefits (total)
$814,933
Disbursements for charitable purposes
$2,404,473
Excise tax on investment income
$33,674

Balance sheet and other

Total assets, start of year
$92,724,351
Total assets, end of year
$92,908,099
Total liabilities, end of year
$0
Net assets, end of year
$92,908,099
Fair market value of assets
$188,850,600
Qualifying distributions
$2,785,965
Net investment income
$2,617,795

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CADENCE BANK
8585 FERN AVENUE, SHREVEPORT, LA 71105
TRUSTEE5$260,231
KIP DEHART
4747 CRESWELL, SHREVEPORT, LA 71101
HORTICULTURIST
Highest-paid employee
40$69,944
EMILY FEAZEL
4747 CRESWELL, SHREVEPORT, LA 71101
DESIGNER OF EXHIBITS
Highest-paid employee
40$66,727
MATTHEW HAZELTON
4747 CRESWELL, SHREVEPORT, LA 71101
MAINT. SUPERVISOR
Highest-paid employee
40$66,584
LOREN CULVER
4747 CRESWELL, SHREVEPORT, LA 71101
DIGITAL ARCHIVIST
Highest-paid employee
40$52,550
BRUCE PERRY
4747 CRESWELL, SHREVEPORT, LA 71101
IT TECHNICIAN
Highest-paid employee
40$51,213
MAXWELL LEWIS NORTON
PO BOX 65090, SHREVEPORT, LA 711365090
PRESIDENT40$0
RUTH NORTON
PO BOX 65090, SHREVEPORT, LA 711365090
SECRETARY-TREASURER1$0
JOSEPH L HARGROVE
PO BOX 59, SHREVEPORT, LA 711610059
BOARD MEMBER1$0
RICHARD H SALE
6121 FERN AVE UNIT 26, SHREVEPORT, LA 711054151
BOARD MEMBER1$0
JOSEPH A WADDELL JR
9311 RIVA RIDGE, SHREVEPORT, LA 711152401
BOARD MEMBER1$0
SAMUEL A NORTON
9595 ELLERBE RD, SHREVEPORT, LA 71106
BOARD MEMBER1$0
SALLY A NORTON
407 CLOVER LANE, LOUISVILLE, KY 40207
BOARD MEMBER1$0
990-PF for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
CADENCE BANK
8585 FERN AVENUE, SHREVEPORT, LA 71105
TRUSTEE5$197,331
KIP DEHART
4747 CRESWELL, SHREVEPORT, LA 71101
HORTICULTURIST
Highest-paid employee
40$76,513
MATTHEW HAZELTON
4747 CRESWELL, SHREVEPORT, LA 71101
MAINT. SUPERVISOR
Highest-paid employee
40$65,955
EMILY FEAZEL
4747 CRESWELL, SHREVEPORT, LA 71101
DESIGNER OF EXHIBITS
Highest-paid employee
40$64,835
LOREN CULVER
4747 CRESWELL, SHREVEPORT, LA 71101
DIGITAL ARCHIVIST
Highest-paid employee
40$52,550
MAXWELL LEWIS NORTON
PO BOX 65090, SHREVEPORT, LA 711365090
PRESIDENT40$0
RUTH NORTON
PO BOX 65090, SHREVEPORT, LA 711365090
SECRETARY-TREASURER1$0
JOSEPH L HARGROVE
PO BOX 59, SHREVEPORT, LA 711610059
BOARD MEMBER1$0
RICHARD H SALE
6121 FERN AVE UNIT 26, SHREVEPORT, LA 711054151
BOARD MEMBER1$0
JOSEPH A WADDELL JR
9311 RIVA RIDGE, SHREVEPORT, LA 711152401
BOARD MEMBER1$0
SAMUEL A NORTON
9595 ELLERBE RD, SHREVEPORT, LA 71106
BOARD MEMBER1$0
SALLY A NORTON
407 CLOVER LANE, LOUISVILLE, KY 40207
BOARD MEMBER1$0

Address and contacts

Address (IRS master file)
4747 CRESWELL AVE, SHREVEPORT, LA 71106-1801
In care of
% RUTH NORTON
Signed the 990-PF
KIM HUTCHINGS, TRUST OFFICER
Phone
(318) 795-3002
Return prepared by
BMSS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
72-0517182
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1947
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$92,908,099
Income (IRS master file)
$7,006,926

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,891,885$2,708,137$92,908,099XML
990-PFDecember 2023$1,962,561$2,546,322$92,724,351XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 72-0517182).

Questions about R W NORTON ART FOUNDATION

What is the EIN of R W NORTON ART FOUNDATION?
The employer identification number (EIN) of R W NORTON ART FOUNDATION is 72-0517182.
Is R W NORTON ART FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1947.
Are donations to R W NORTON ART FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does R W NORTON ART FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of R W NORTON ART FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did R W NORTON ART FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of R W NORTON ART FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 13 people; 6 received compensation from the organization, the highest $260,231 (CADENCE BANK, TRUSTEE).
How much revenue does R W NORTON ART FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,891,885, expenses of $2,708,137 and total assets of $92,908,099 at year end.

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