Mystic Krewe Of Nyx
- Assets
- $140.4k
- Revenue
- $194.5k
- Investments
- $0.0
- Employees
- 3
- Location
- New Orleans, LA
- Founding
- 07/2013
- Data as of
- 03/2023
- EIN
- 45-1432800
Organization Overview
Mystic Krewe Of Nyx is located in New Orleans, LA. The organization was established in 2013. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 03/2023, Mystic Krewe Of Nyx employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mystic Krewe Of Nyx is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2023, Mystic Krewe Of Nyx generated $194.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (29.6%) each year. All expenses for the organization totaled $710.9k during the year ending 03/2023. 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
MEMBERSHIP DUES AND ASSESSMENTS PROVIDE THE FUNDS NECESSARY FOR THE ORGANIZATION TO PUT ON PARADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARDI GRAS PARADE & CARNIVAL PUT ON FOR THE ENTERTAINMENT AND GOOD OF THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Lea President/captain | OfficerTrustee | 40 | $150,266 |
Lori Seuzeneau Co-Captain | OfficerTrustee | 20 | $38,798 |
Marlene Trainor Treasurer | OfficerTrustee | 40 | $15,900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $96 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96 |
| Total Program Service Revenue | $209,844 |
| Investment income | $539 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$302 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $584 |
| Net Income from Sales of Inventory | -$16,220 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $194,541 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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. | $210,766 |
| Compensation of current officers, directors, key employees. | $210,766 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,921 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,669 |
| Fees for services: Accounting | $42,965 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,694 |
| Advertising and promotion | $0 |
| Office expenses | $6,456 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,271 |
| Travel | $18,672 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,730 |
| Interest | $7,877 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,348 |
| Insurance | $39,747 |
| All other expenses | $1,598 |
| Total functional expenses | $710,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,483 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $16,352 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,565 |
| Total assets | $140,400 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $22,526 |
| 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 | $197,848 |
| Total liabilities | $220,374 |
| 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 | -$79,974 |
| Total liabilities and net assets/fund balances | $140,400 |