Cool Cooperative Inc

Organization Overview

Cool Cooperative Inc is located in New Orleans, LA. The organization was established in 2014. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Cool Cooperative Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cool Cooperative Inc 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 12/2023, Cool Cooperative Inc generated $423.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $422.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE COOL COOPERATIVE IS TO INSPIRE AND TEACH MIDDLE AND HIGH SCHOOL STUDENTS FILMMAKING. WE SERVE AS MENTORS AND TRAINERS TO BRING UNDERSERVED COMMUNITIES TO WORK IN THE FILM INDUSTRY, ENCOURAGE CREATIVE ENTREPRENEURISM AND PROVIDE THEM WORKFORCE TRAINING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COOL COOPERATIVE (CREATING OUTSTANDING OPPORTUNITIES LOCALLY) EXISTS TO SERVE OUR COMMUNITY. WE ARE A PIPELINE AFTER-SCHOOL PROGRAM, MEANING THAT WE SERVE STUDENTS CONTINUALLY FROM MIDDLE SCHOOL THROUGH HIGH SCHOOL GRAUDATION. FOCUSING ON SCHOLASTIC AND WHOLE-PERSON DEVELOPMENT, COOL PROVIDES WORKFORCE TRAINING SPECIFIC TO THE FILM INDUSTRY. AS SUCH, BY THE TIME THEY FINISH HIGH SCHOOL, OUR STUDENTS WILL BE NOT ONLY WELL-POISED FOR COLLEGE, BUT THEY WILL ALSO BE READY TO ENTER INTO THE COMPETITIVE AND HIGH-PAYING JOB MARKETS OF THE FILM INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Felicia Stallard
Board Chair
$0
Jimmy Hornbeak
Board Member
$0
Allie Pierson
Board Member
$0
Marcus Brown
Board Member
$2,104
Baraka Perez
Board Member
$0
Christa Talbott
Board Member
$0

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$423,163
Noncash contributions included in lines 1a–1f $35,892
Total Revenue from Contributions, Gifts, Grants & Similar$423,163
Total Program Service Revenue$300
Investment income $0
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 $423,463

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