Le Petit Salon Club
- Assets
- $531.0k
- Revenue
- $68.3k
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 08/1991
- Data as of
- 04/2021
- EIN
- 72-0239201
Organization Overview
Le Petit Salon Club is located in New Orleans, LA. The organization was established in 1991. According to its NTEE Classification (A70) the organization is classified as: Humanities, 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. Le Petit Salon Club 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 04/2021, Le Petit Salon Club generated $68.3k 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 (7.3%) each year. All expenses for the organization totaled $56.9k during the year ending 04/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CULTURAL AND HISTORICAL PRESERVATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL AND EDUCATIONAL PROGRAMS ARE HELD ON THURSDAY MORNINGS FROM NOVEMBER THROUGH JULY FOLLOWED BY TEA. GUESTS ARE INVITED TO THESE EVENTS.
A RECEPTION IS HELD EACH SPRING FOR MEMBERS AND THEIR GUESTS.
EACH YEAR AN ORIENTATION MEETING IS HELD FOR NEW MEMBERS. THE CLUB HISTORY IS REVIEWED ALONG WITH UPDATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mrs Hunter Numa Charbonnet Director | OfficerTrustee | 1 | $0 |
Mrs Franklin H Jones III Corresponding Secretary | OfficerTrustee | 1 | $0 |
Mrs Margaret Ann Nicolson Financial Secretary | OfficerTrustee | 1 | $0 |
Mrs Stanwood R Duval Jr Third Vice President | Officer | 4 | $0 |
Mrs Blair Francis Scanlon Jr Recording Secretary | Officer | 22 | $0 |
Mrs David A Olson President | Officer | 45 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,052 |
| Investment income | $37 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$28,515 |
| 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 | $760 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $68,334 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,525 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,497 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $150 |
| Advertising and promotion | $0 |
| Office expenses | $2,062 |
| Information technology | $859 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,247 |
| Insurance | $9,269 |
| All other expenses | $0 |
| Total functional expenses | $56,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,772 |
| Savings and temporary cash investments | $145,302 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $531,001 |
| Accounts payable and accrued expenses | $0 |
| 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 | $207 |
| Total liabilities | $207 |
| 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 |
| Total liabilities and net assets/fund balances | $530,794 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Le Petit Salon Club has recieved totaling $300.
| Awarding Organization | Amount |
|---|---|
Edith F & Kenneth C Mcgee Family Fund Metairie, LA PURPOSE: CHARITABLE | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Gas Association Dallas, TX | $5,545,984 | $4,419,938 |
Humanities Texas Austin, TX | $9,920,951 | $4,003,511 |
Common Threads Austin, TX | $2,007,404 | $3,535,258 |
Louisiana Endowment For The Humanities New Orleans, LA | $7,660,408 | $3,249,427 |
Dallas Human Resource Management Association Inc Dallas, TX | $3,193,977 | $1,127,847 |
Mississippi Humanities Council Inc Jackson, MS | $2,093,721 | $2,182,571 |
Brilliant Lecture Series Inc Houston, TX | $24,900 | $1,346,410 |
Bartoskewitz Farm Foundation Seguin, TX | $3,479,402 | $1,928,325 |
System For Education Empowerment And Success Houston, TX | $312,075 | $658,184 |
Writers League Of Texas Austin, TX | $61,159 | $536,030 |
One America Works Inc Austin, TX | $658,843 | $1,002,451 |
Yoknapatawpha Arts Council Inc Oxford, MS | $926,803 | $479,643 |