2026-05-27T10:32:29-05:00 2024-06-30 720549733 ERICKSEN KRENTEL LLP 4227 CANAL STREET NEW ORLEANS LA 70119 990 2023-07-01 720408902 THE WOMAN'S EXCHANGE DBA HERMANN-GRIMA GALLIER HISTORIC HOUSE WOMA 5042740743 PO BOX 56836 NEW ORLEANS LA 70156 SUSAN MACLAY EXECUTIVE DIRECTOR 5042740743 2026-05-27 1 1 JAMES E TONGLET CPA P00737899 5044867275 2023 2025-03-06 01:10:19Z X THE WOMAN'S EXCHANGE DBA HERMANN-GRIMA GALLIER HISTORIC HOUSE SUSAN MACLAY PO BOX 56836 NEW ORLEANS LA 70156 6710442 0 X WWW.HGGHH.ORG X 1881 LA SEE SCHEDULE O 31 31 26 0 0 0 110674 82440 178559 230134 287593 862030 198566 245684 775392 1420288 0 0 0 0 577551 580093 0 0 107112 373085 380937 950636 961030 -175244 459258 7876988 8198822 23454 40427 7853534 8158395 NONE 0 0 705827 276755 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. 705827 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 26 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SUSAN MACLAY 5042740743 PO BOX 56836 NEW ORLEANS LA 70156 MARY SCHMIDT PRESIDENT 3.00 X X 0 0 0 STACY HEAD VICE PRESIDENT 3.00 X X 0 0 0 MARION CAGE MCCOLLAM SECRETARY 3.00 X X 0 0 0 CELESTE EUSTIS TREASURER 3.00 X X 0 0 0 SHANNON BRICE ASSISTANT TREASURER 3.00 X X 0 0 0 CATHERINE HALES AT-LARGE 3.00 X X 0 0 0 CAROL MARKOWITZ AT-LARGE 3.00 X X 0 0 0 MORGAN BABST BOARD MEMBER 1.00 X 0 0 0 AMBER BEEZLEY BOARD MEMBER 1.00 X 0 0 0 MARGARET FAVROT CROSS BOARD MEMBER 1.00 X 0 0 0 CARTER DAWSON BOARD MEMBER 1.00 X 0 0 0 SARAH LABORDE EHRENSING BOARD MEMBER 1.00 X 0 0 0 ROLANDA GAINES BOARD MEMBER 1.00 X 0 0 0 CATHERINE KUUSKRAA BOARD MEMBER 1.00 X 0 0 0 SARAH MARTZOLF BOARD MEMBER 1.00 X 0 0 0 SARAH MECKSTROTH BOARD MEMBER 1.00 X 0 0 0 LORI PAIGE BOARD MEMBER 1.00 X 0 0 0 ZELLA PALMER BOARD MEMBER 1.00 X 0 0 0 ANGEL ADAMS PARHAM BOARD MEMBER 1.00 X 0 0 0 MERISA ARANAS PASTERNAK BOARD MEMBER 1.00 X 0 0 0 KATHERINE RAYMOND BOARD MEMBER 1.00 X 0 0 0 ANNE REDD BOARD MEMBER 1.00 X 0 0 0 HARRIET RILEY BOARD MEMBER 1.00 X 0 0 0 AMY ROBERTSON BOARD MEMBER 1.00 X 0 0 0 MARY MARTIN ROTH BOARD MEMBER 1.00 X 0 0 0 LESLEY SEYMOUR BOARD MEMBER 1.00 X 0 0 0 PEGGY STAFFORD BOARD MEMBER 1.00 X 0 0 0 ALLISYN SWIFT BOARD MEMBER 1.00 X 0 0 0 JEANNE SWINGLE BOARD MEMBER 1.00 X 0 0 0 JENNIE WEST BOARD MEMBER 1.00 X 0 0 0 GINNY WIRTH BOARD MEMBER 1.00 X 0 0 0 TESSA JAGGER EXECUTIVE DIRECTOR 40.00 X 92712 0 7030 92712 0 7030 0 0 0 0 0 X 4270 3670 74500 82440 MUSEUM TOURS 561520 218918 218918 EDUCATION PROGRAMS 561520 11216 11216 230134 148590 148590 70785 0 70785 70785 70785 5947039 5233599 713440 713440 713440 170690 3670 42412 128278 128278 37964 14143 23821 23821 INSURANCE PROCEEDS 900099 22800 22800 22800 1420288 276755 0 1061093 92712 63044 16688 12980 416416 283163 74955 58298 32748 22268 5895 4585 38217 25988 6879 5350 15285 15285 25038 21282 3756 28388 14194 7097 7097 13911 8347 2782 2782 119764 113776 5988 30655 26057 4598 REPAIRS AND MAINTENANCE 74870 71127 3743 MUSEUM TOUR EXPENSES 34107 34107 MISCELLANEOUS 33066 16711 4121 12234 EDUCATION 5523 5523 330 240 60 30 961030 705827 148091 107112 244787 306087 245695 115550 94621 57119 305 12813 32252 32258 2902954 2012056 900856 890898 6358472 6784097 7876988 8198822 23454 40427 23454 40427 X 4865223 5206469 2988311 2951926 7853534 8158395 7876988 8198822 459258 -99608 -54789 0 X X 0 1 X 0 0 X 164810 258492 357456 110674 82440 973872 210215 93045 315660 264048 338883 1221851 375025 351537 673116 374722 421323 2195723 0 0 0 2195723 126734 121381 131120 140523 148590 668348 7069 2130 12845 11453 13052 46549 133803 123511 143965 151976 161642 714897 229159 19317 27458 22800 298734 508828 704207 836398 554156 605765 3209354 0.68420 0.69480 0.22280 0.21610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 6604167 762422 412153 54789 6899647 6198196 779837 322556 51310 6604167 7453699 -873307 325026 57170 6198196 5924285 1881488 300000 52074 7453699 6125201 243634 399588 44962 5924285 0.58420 0.41580 0 0 142594 142594 2651491 1907410 744081 51170 49194 1976 57699 55452 2247 890898 HGGH ENDOWMENT FUND 6784097 F 6784097 X 1344688 -99608 42412 -57196 1401884 54789 -36385 18404 1420288 1003442 42412 42412 961030 0 961030 PART III, LINE 1A: IN ACCORDANCE WITH INDUSTRY PRACTICE, TWE DOES NOT CAPITALIZE ITS COLLECTIONS. THE COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EXHIBITION TO THE PUBLIC, FOR EDUCATIONAL PURPOSES OR FOR RESEARCH IN FURTHERANCE OF PUBLIC SERVICES AND NOT FINANCIAL GAIN. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. IT IS THE POLICY OF TWE THAT PROCEEDS FROM THE SALE OF ANY COLLECTION ITEMS ARE TO BE USED TO PURCHASE ADDITIONAL COLLECTION ITEMS OR FOR THE DIRECT CARE OF EXISTING COLLECTIONS. PART III, LINE 4: THE COLLECTIONS OF THE HERMANN-GRIMA + GALLIER HISTORIC HOUSES (HGGHH) ARE COMPRISED PRIMARILY OF OBJECTS DATING TO THE 19TH CENTURY, INCLUDING FURNITURE, PAINTINGS, WORKS ON PAPER, BOOKS, ARCHIVAL DOCUMENTS, PHOTOGRAPHS, TEXTILES, METALS, PORCELAIN, CERAMICS, GLASSWARE, AND LIGHTING FIXTURES. HGGHH'S COLLECTIONS ARE KEY TO FULFILLING THE MISSION OF THE WOMAN'S EXCHANGE: TO PRESERVE AND MAINTAIN THE ARCHITECTURE AND DECORATIVE ARTS OF THE HOMES, SO THEY MAY ACT AS A MICROCOSM OF LIFE DURING THE 19TH AND 20TH CENTURIES TO INSPIRE EDUCATIONAL EXPERIENCES AND DISCOURSE AROUND OUR COLLECTIVE PAST AND ITS CONTRIBUTION TO THE CULTURE OF NEW ORLEANS. MANY OBJECTS ARE PERMANENTLY ON DISPLAY FOR THE PUBLIC TO SEE AND ITEMS IN STORAGE ARE MADE AVAILABLE FOR RESEARCH PURPOSES AND THE PUBLIC UPON REQUEST. HGGHH ALSO MAINTAINS A CONSERVATION PROGRAM TO ENSURE THAT OBJECTS WILL BE CONSERVED FOR FUTURE GENERATIONS. PART X, LINE 2: TWE'S EVALUATION AS OF JUNE 30, 2024 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2021 THROUGH 2023 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE IRS. TWE DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 42,412. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN NET ASSETS WITH DONOR RESTRICTIONS -36,385. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 42,412. WINE AUCTION 56708 3670 53038 28345 HISTORIC HOUSES 117652 117652 14067 174360 3670 170690 42412 42412 128278 FORM 990, PART I, LINE 1 HERMANN-GRIMA + GALLIER HISTORIC HOUSES, MANAGED BY THE WOMAN'S EXCHANGE, PRESERVES TWO 19TH-CENTURY FRENCH QUARTER HOMES AND, THROUGH THEIR ARCHITECTURE, COLLECTIONS, AND HISTORY, INSPIRES DISCOURSE ABOUT OUR COLLECTIVE PAST AND ITS RELEVANCE TO OUR PRESENT AND FUTURE. VISITORS, STUDENTS, AND RESEARCHERS EXPLORE SUCH DIVERSE TOPICS AS THE LIVES OF THE HOUSES' OWNERS AND ENSLAVED PEOPLE, FREE PEOPLE OF COLOR, OPEN-HEARTH COOKING, MOURNING RITUALS, AND THE ENTREPRENEURIAL PURSUITS OF WOMEN. FORM 990, PART VI, SECTION B, LINE 11B THE REVIEW OF FORM 990 IS SCHEDULED AT A MONTHLY BOARD MEETING. THE BOARD WILL REVIEW AND APPROVE FORM 990 BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. IF THE FORM 990 IS DUE BEFORE THE NEXT SCHEDULED BOARD MEETING, THEN THE EXECUTIVE DIRECTOR MAY APPROVE THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN ETHICS POLICY (CONFLICT OF INTEREST), OF WHICH BOARD MEMBERS ARE AWARE. DECISIONS ARE MADE EITHER BY THE VOTE OF THE BOARD, BY RECOMMENDATIONS OF SUB-COMMITTEES OR BY THE EXECUTIVE COMMITTEE. EACH BOARD MEMBER SHALL FILE WITH THE BOARD A STATEMENT DISCLOSING HIS/HER PERSONAL, BUSINESS OR ORGANIZATIONAL INTERESTS AND AFFILIATIONS, AND THOSE PERSONS CLOSE TO HIM/HER WHICH COULD BE CONSTRUED AS BEING MUSEUM-RELATED. DISCLOSURE STATEMENTS SHOULD BE UPDATED PERIODICALLY OR WHENEVER SIGNIFICANT CHANGES OCCUR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR IS CHOSEN BY THE BOARD MEMBERS OF THE ORGANIZATION. THE EXECUTIVE DIRECTOR'S SALARY IS SET BY AND DOCUMENTED BY THE BOARD MEMBERS. THE BOARD DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR USING COMPARABLE DATA AND RESONABLE METHODS. THE EXECUTIVE DIRECTOR HIRES ALL OTHER EMPLOYEES. THE ANNUAL BUDGET, WHICH INCLUDES A LINE ITEM FOR SALARIES, IS APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE KEPT ON SITE AND AVAILABLE UPON REQUEST. FORM 990, PART VIII, LINE 6D TAXPAYER IS AMENDING THEIR 6/30/24 FISCAL YEAR END FORM 990 RETURN TO CORRECT PREVIOUS REPORTING OF UBTI RENTAL INCOME OF $51,000 AS REVENUE EXCLUDED FROM TAX UNDER SECTIONS 512-514. ACCORDING TO IRS PUBLICATION 598, RENTS FROM REAL PROPERTY ARE EXCLUDED WHEN COMPUTING UBTI. TAXPAYER LEASES BUILDING AND EVENT SPACE WHICH QUALIFIES AS REAL PROPERTY AND THEREFORE SHOULD BE EXCLUDED FROM UBTI CALCULATION. FORM 990, PART XII LINE 2C THIS PROCESS HAS NOT CHANGED FROM YEAR TO YEAR.