Cotillion Club
- Assets
- $484.6k
- Revenue
- $611.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- Data as of
- 08/2023
- EIN
- 32-0645362
Organization Overview
Cotillion Club is located in Shreveport, LA. According to its NTEE Classification (A27) the organization is classified as: Community Celebrations, 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. Cotillion Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2023, Cotillion Club generated $611.7k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $668.6k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH, MAINTAIN AND CONDUCT A SOCIAL CLUB, TO PROMOTE FRATERNAL, INTELLECTUAL, AND SOCIAL INTERCOURSE AMONG ITS MEMBERS, AND TO PROVIDE SUCH FORMS OF RECREATION, AMUSEMENT, AND ENTERTAINMENT, AS APPERTAIN TO THE USUAL CONDUCT OF A SOCIAL CLUB.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRAND BALL HELD EACH APRIL IN CONJUNCTION WITH THE HOLIDAY IN DIXIE FESTIVAL IN SHREVEPORT, LOUISIANA TO CELEBRATE THE ARRIVAL OF SPRING AND THE LOUISIANA PURCHASE, WHICH OCCURRED APRIL 30, 1883. A COURT IS MADE UP OF COLLEGE AGE CHILDREN OF THE MEMBERS THAT ARE CELEBRATED AS WELL. THE FIRST COTILLION BALL WAS HELD BACK IN 1949. IT IS HELD IN SHREVEPORT, LOUISIANA. THIS ACTIVITY HAS 85 PERCENT OF THE CLUB'S TIME AND EXPENSES DEVOTED TO IT. THIS ACTIVITY IS FUNDED THROUGH COSTUME AND PRESENTATION FEES, AS WELL AS COURT AND ROYAL MEMBERSHIP DUES. IT ALLOWS ALL MEMBERS TO CELEBRATE THE LOUISIANA PURCHASE AS WELL AS SOCIALIZE WITH EACH OTHER AND FAMILY MEMBERS. THE GROSS RECEIPTS FROM PROGRAM RELATED ACTIVITIES AS WELL AS THE EXPENSES FOR PROGRAM SERVICES ALL RELATE TO THE GRAND BALL AND JESTERS AS DESCRIBED PREVIOUSLY IN THIS APPLICATION. THE INCOME IS FOR PRESENTATION AND COSTUME FEES. THE MAJOR EXPENSES ARE FOR COSTS SUCH AS COSTUMES, PHOTOGRAPHY, AND PRINTING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neal Cox 2020/2021 Ball Chairman | Trustee | 1 | $0 |
Eloise K Graf 2022 Ball Chairman | Trustee | 1 | $0 |
Lila Knicely 2023 Ball Chairman | Trustee | 1 | $0 |
Lara Yerger 2024 Ball Chairman | Trustee | 1 | $0 |
Amy Noles 2024 Ball Co-Chairman | Trustee | 1 | $0 |
Katherine Sale Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $300,885 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300,885 |
| Total Program Service Revenue | $308,262 |
| Investment income | $591 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $611,678 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $6,056 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,997 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,050 |
| Royalties | $0 |
| Occupancy | $30,535 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,138 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,062 |
| All other expenses | $327,417 |
| Total functional expenses | $668,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,883 |
| Savings and temporary cash investments | $265,976 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $74,748 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $484,607 |
| Accounts payable and accrued expenses | $4,501 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $81,650 |
| Total liabilities | $86,151 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $398,456 |
| Total liabilities and net assets/fund balances | $484,607 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cotillion Club Shreveport, LA | $484,607 | $611,678 |
Neches River Festival Inc Beaumont, TX | $99,012 | $493,256 |
Bogalusa Blues And Heritage Festival Bogalusa, LA | $1,318 | $0 |
Trf Association Inc Winnie, TX | $6,916 | $0 |
Chennault International Airshow Inc Lake Charles, LA | $83,865 | $14,761 |