Michalopoulos Foundation
- Assets
- $325.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 47-4003793
Organization Overview
Michalopoulos Foundation is located in New Orleans, LA. The organization was established in 2015. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Michalopoulos 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 12/2021, Michalopoulos Foundation generated $12.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (60.2%) each year. All expenses for the organization totaled $8.6k during the year ending 12/2021. 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
TO EDUCATE AND FOSTER DEVELOPMENT OF LOCAL VISUAL ART THROUGH THE OPERATION OF A MUSEUM TO DISPLAY LOCAL ARTIST'S WORKS, HOLDING WORKSHOPS TO EDUCATE AND HELP DEVELOP LOCAL ARTISTS, AND PROVIDING CARE AND OUTREACH TO THE HOMELESS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tatianna Macchione Director | 1 | $0 | |
James Michalopoulos President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,000 |
| 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 | $12,000 |
| 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 | $4,787 |
| Occupancy, rent, utilities, and maintenance | $1,050 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,735 |
| Total expenses | $8,572 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,020 |
| Other assets | $0 |
| Total assets | $325,823 |
| Total liabilities | $9,394 |
| Net assets or fund balances | $316,429 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Michalopoulos Foundation has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Thought Dallas, TX | $5,164,665 | $9,225,791 |
Southwest School Of Art San Antonio, TX | $10,498,026 | -$15,382,277 |
Young Audiences Of Louisiana Inc New Orleans, LA | $2,693,862 | $4,571,020 |
Us Biennial Inc New Orleans, LA | $1,914,538 | $2,330,262 |
Community Works Of Louisiana New Orleans, LA | $370,788 | $1,210,221 |
Multicultural Education And Counseling Through The Arts Houston, TX | $4,644,101 | $2,037,486 |
School Of Design New Orleans, LA | $1,895,558 | $1,072,625 |
Youth Oasis Baton Rouge, LA | $394,453 | $1,019,110 |
Art League Of Houston Houston, TX | $910,841 | $1,126,374 |
Fort Smith Art Center Inc Fort Smith, AR | $4,977,849 | $1,507,880 |
Canzion Institute Of Music Baytown, TX | $424,046 | $884,819 |
Mindpop Austin, TX | $1,873,038 | $734,426 |