Bogalusa Blues And Heritage Festival
- Assets
- $9.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bogalusa, LA
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 45-4248358
Organization Overview
Bogalusa Blues And Heritage Festival is located in Bogalusa, LA. The organization was established in 2012. 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. Bogalusa Blues And Heritage Festival 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, Bogalusa Blues And Heritage Festival generated $34.1k 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 (18.6%) each year. All expenses for the organization totaled $27.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.4%) per year over the past 7 years. 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
2020 WAS NEGATIVELY IMPACTED BY THE LOCKDOWNS ASSOCIATED WITH THE COVID-19 PANDEMIC. NO FESTIVAL WAS HELD FOR 2020 AND THUS NO REVENUES OR EXPENSES FOR 2020 WERE INCURRED. WE HOPE TO RETURN TO NORMALCY IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Goode Chairman | 20 | $0 | |
Malinda B White Vice President | 10 | $0 | |
Suzie Pittman Treasurer | 10 | $0 | |
Kay Kay Varnado Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,100 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,740 |
| Total expenses | $27,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,086 |
| Other assets | $0 |
| Total assets | $8,970 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,970 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neches River Festival Inc Beaumont, TX | $146,515 | $490,132 |
Groupmuse Foundation Inc Houston, TX | $30,070 | $0 |
Trf Association Inc Winnie, TX | $5,006 | $0 |
Bogalusa Blues And Heritage Festival Bogalusa, LA | $8,970 | $0 |
Chennault International Airshow Inc Lake Charles, LA | $164,952 | $148,216 |