The Troy Andrews Foundation is located in New Orleans, LA. The organization was established in 2012. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Troy Andrews Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Troy Andrews 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 06/2022, Troy Andrews Foundation generated $727.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $638.7k during the year ending 06/2022. While expenses have increased by 20.4% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE AND PERPETUATE THE MUSICAL CULTURE OF NEW ORLEANS BY PASSING ITS TRADITIONS DOWN TO FUTURE GENERATIONS OF MUSICIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TROMBONE SHORTY ACADEMY: FOLLOWING THE PATH THAT LED TO TROMBONE SHORTY'S SUCCESS, THE TROMBONE SHORTY ACADEMY AT THE NEW ORLEANS JAZZ & HERITAGE FOUNDATION EDUCATES THE NEXT GENERATION OF MUSICALLY GIFTED STUDENTS THROUGH A PERFORMANCE CURRICULUM CURATED BY TROMBONE SHORTY AND THE FOUNDATION'S STAFF. TSA WORKS WITH STUDENTS AT THE MUSIC ACADEMY FROM OVER 15 HIGH SCHOOLS IN NEW ORLEANS AND SPECIFICALLY WITH OPPORTUNITY YOUTH IN THE NEW ORLEANS REGION. STUDENTS ARE FULLY IMMERSED IN THE HISTORY AND KEY INFLUENCERS OF NEW ORLEANS MUSIC, WHILE PREPARING FOR ENSEMBLE PERFORMANCES UNDER THE INSTRUCTION OF ACCOMPLISHED MUSICIANS, INCLUDING MEMBERS OF REBIRTH BRASS BAND, THE SOUL REBELS, AND NEW BREED BRASS BAND, CULMINATING IN THE ORGANIZATION'S ANNUAL FUNDRAISING EVENT, SHORTY FEST. KEEPING CHILDREN INVOLVED AND MOTIVATED TO PARTICIPATE IN AFTER SCHOOL ACTIVITIES IS A POSITIVE SIDE EFFECT OF OUR PROGRAM, WHICH CAN HELP STEER THEM IN THE RIGHT DIRECTION IN MAKING HEALTHY CHOICES FOR THEMSELVES AS THEY GROW OLDER. THIS PROGRAM HELPS PRESERVE THE CITY'S MUSIC IN A CLASSROOM SETTING, THEREBY ENSURING THAT THESE MUSICAL STYLES THAT ARE UNIQUE TO NEW ORLEANS REMAIN STRONG FOR FUTURE GENERATIONS OF MUSICIANS.
HILTON PATHWAYS TO CAREERS: THE PATHWAYS TO CAREERS PROGRAM AT THE TROMBONE SHORTY FOUNDATION OFFERS YOUTH THE ABILITY TO RECEIVE HANDS-ON TRAINING TO COMPLEMENT IN-CLASSROOM LEARNING. THE FOUNDATION PARTNERS WITH ENTERTAINMENT/MUSIC INDUSTRY EMPLOYERS TO CREATE PAID APPRENTICESHIP POSITIONS THAT DEVELOP SKILLS IN KEY INDUSTRY AREAS LIKE BOOKING, PLANNING, PRODUCTION, MARKETING, ADMINISTRATION AND MORE. STUDENTS WHO SHOW DEDICATION AND EXCELLENCE IN OUR BUSINESS AND MUSIC EDUCATION PROGRAMS APPLY FOR THESE APPRENTICESHIPS AND ARE PLACED WITH OUR EMPLOYER PARTNERS. THROUGH THIS ON-THE-JOB CAREER-SKILLS TRAINING PROGRAM, THE TROMBONE SHORTY FOUNDATION IS DEVELOPING A PIPELINE OF TALENTED AND EXPERIENCED YOUNG NEW ORLEANIANS WHO BECOME THE NEXT GENERATION OF CULTURAL LEADERS IN OUR CITY.
FREDMAN MUSIC BUSINESS INSTITUTE: TO SUPPORT THE GROWTH OF THE MUSICAL COMMUNITY FROM THE GROUND UP, THE FREDMAN MUSIC BUSINESS INSTITUTE PROVIDES TRAINING IN THE BUSINESS SIDE OF THE MUSIC INDUSTRY: LIVE AND STUDIO RECORDING, EVENT PRODUCTION AND PROMOTION, TOURING, LEGAL CONCEPTS, LICENSING, MANAGEMENT, AND MARKETING. ARMED WITH AN IPAD AND SUPPORTED BY THE EXPERTISE OF INSTRUCTORS, LIKE GRAMMY AWARD-WINNING PRODUCER, CHRIS FINNEY AND TROY ANDREWS HIMSELF, THE STUDENTS PLAY A KEY ROLE IN PRODUCING THE FOUNDATION'S LARGEST FUNDRAISER OF THE YEAR, SHORTY FEST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Taylor Executive Director | Officer | 40 | $142,000 |
Troy M Andrews President | OfficerTrustee | 1 | $0 |
Martha Murphy Vice President/treasurer | OfficerTrustee | 3 | $0 |
Tim Francis Board Of Directors | OfficerTrustee | 1 | $0 |
Steve F Price Jr MD Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $241,205 |
Related organizations | $0 |
Government grants | $29,885 |
All other contributions, gifts, grants, and similar amounts not included above | $364,103 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $635,193 |
Total Program Service Revenue | $0 |
Investment income | $9,013 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $83,303 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $727,509 |
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. | $142,000 |
Compensation of current officers, directors, key employees. | $36,901 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $131,550 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $20,926 |
Fees for services: Management | $0 |
Fees for services: Legal | $15,956 |
Fees for services: Accounting | $42,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $75,799 |
Advertising and promotion | $1,682 |
Office expenses | $11,199 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $24,458 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,308 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $10,869 |
All other expenses | $33,554 |
Total functional expenses | $638,738 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,576,077 |
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 | $6,176 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $440,943 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $500 |
Total assets | $2,023,696 |
Accounts payable and accrued expenses | $12,762 |
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 | $0 |
Total liabilities | $12,762 |
Net assets without donor restrictions | $1,952,696 |
Net assets with donor restrictions | $58,238 |
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 | $0 |
Total liabilities and net assets/fund balances | $2,023,696 |
Over the last fiscal year, we have identified 6 grants that The Troy Andrews Foundation has recieved totaling $1,520,603.
Awarding Organization | Amount |
---|---|
Rajam Family Foundation Wilmington, DE PURPOSE: PROGRAM SUPPORT | $1,000,000 |
Plusoneplusoneplusone San Francisco, CA PURPOSE: Black Creatives | $300,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Arts & Culture | $104,125 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: FOR A PLANNING GRANT TO DEVELOP A CAREER PATHWAYS PROGRAM FOR OPPORTUNITY YOUTH IN THE NEW ORLEANS' CULTURAL ECONOMY. | $100,000 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: FUND RAISING & FUND DISTRIBUTION | $16,428 |
Shell Oil Company Foundation Houston, TX PURPOSE: MG | $50 |
Organization Name | Assets | Revenue |
---|---|---|
New Orleans Film And Video Society Inc New Orleans, LA | $893,473 | $1,763,919 |
The Troy Andrews Foundation New Orleans, LA | $2,023,696 | $727,509 |
Fort Worth Community Arts Center Fort Worth, TX | $233,631 | $729,515 |
Downtown San Angelo Inc San Angelo, TX | $329,867 | $181,970 |
Council Of American Jewish Museums Jackson, MS | $243,175 | $269,794 |
Texas Educational Theatre Association Inc Houston, TX | $705,536 | $159,105 |
Kelly Foundation Incorporated Little Rock, AR | $303,866 | $156,535 |
Texas Non-Profit Theatres Inc Fort Worth, TX | $323,229 | $143,739 |
Azerbaijan Center Houston, TX | $79,047 | $103,981 |
Jackson Music Awards Association Inc Jackson, MS | $7,904 | $0 |
Murphy Tribute Association Murphy, TX | $43,432 | $0 |
Mobilelink Foundation Sugar Land, TX | $0 | $0 |