Threadhead Cultural Foundation
- Assets
- $159.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 26-4543585
Organization Overview
Threadhead Cultural Foundation is located in New Orleans, LA. The organization was established in 2009. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Threadhead Cultural Foundation 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 12/2021, Threadhead Cultural Foundation generated $111.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $53.7k during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
GRANTED MONEY TO VARIOUS ARTISTS AND ORGANIZATIONS DURING THE YEARTO ENCOURAGE ARTISTIC GROWTH AND DEVELOPMENT AMOUNG THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Mccamey Treasurer | 1 | $0 | |
Gail Leist Director | 1 | $0 | |
Frank Williford Chairman Of The Board | 1 | $0 | |
Jessica Rosgaard Director | 1 | $0 | |
Ken Cryer President | 1 | $0 | |
Paul Cooper Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,418 |
| Total Program Service Revenue | $0 |
| Membership dues | $14,595 |
| Investment income | $404 |
| Gain or Loss | $1,801 |
| Net Income from Gaming & Fundraising | $14,367 |
| Other Revenue | $0 |
| Total Revenue | $111,585 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,567 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $780 |
| Printing, publications, postage, and shipping | $795 |
| Other expenses | $3,801 |
| Total expenses | $53,681 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159,634 |
| Other assets | $0 |
| Total assets | $159,634 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,634 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Threadhead Cultural Foundation has recieved totaling $58,465.
| Awarding Organization | Amount |
|---|---|
Griffin Family Foundation Briarcliff Manor, NY PURPOSE: UNRESTRICTED | $50,000 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: FUND RAISING & FUND DISTRIBUTION | $8,244 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $221 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Advocacy Project Inc Austin, TX | $1,606,192 | $3,119,683 |
Efforts Of Grace Inc New Orleans, LA | $9,750,115 | $6,712,838 |
South Texas Institute For The Arts Corpus Christi, TX | $11,651,943 | $2,742,109 |
Society For Neuro-Oncology Houston, TX | $6,909,260 | $3,914,434 |
Gdiacc Foundation Inc Dallas, TX | $106,516 | $2,129,759 |
Sea Turtle Inc South Padre Island, TX | $11,651,431 | $4,419,765 |
The Walls Project Baton Rouge, LA | $407,630 | $1,770,639 |
Match Midtown Arts & Theater Center Houston Houston, TX | $20,886,964 | $758,825 |
Mayfest Inc Fort Worth, TX | $677,202 | $1,777,166 |
Houston Center For Contemporary Craft Houston, TX | $834,489 | $1,434,425 |
French Quarter Festival Inc New Orleans, LA | $3,644,496 | $2,861,776 |
Imagine Art Inc Austin, TX | $206,843 | $1,454,359 |