La Foundation Louisiane
- Assets
- $478.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, LA
- Founding
- 09/1979
- Data as of
- 12/2021
- EIN
- 72-0851169
Organization Overview
La Foundation Louisiane is located in Lafayette, LA. The organization was established in 1979. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, 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. LA Foundation Louisiane 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, LA Foundation Louisiane generated $81.8k 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 (4.0%) each year. All expenses for the organization totaled $57.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) 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
THE ORGANIZATION SUPPORTS LOUISIANAS FRENCH LANGUAGE, CULTURE AND HERITAGE THROUGH SPONSORSHIP OF SCHOLARSHIPS FOR HIGH SCHOOL AND COLLEGE STUDENTS IN COLLABORATION WITH THE COUNCIL FOR THE DEVELOPMENT OF FRENCH IN LOUISIANA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Marcantel Former Chair | 2 | $0 | |
Philippe Gustin Vice Chair | 2 | $0 | |
William Arceneaux Chair And Founder | 2 | $0 | |
Gerald Trahan Treasurer | 2 | $0 | |
Tyron Picard Trustee | 2 | $0 | |
Elizabeth Ardoin Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,958 |
| Total Program Service Revenue | $37,530 |
| Membership dues | $0 |
| Investment income | $33,359 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,847 |
| 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 | $5,405 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,347 |
| Total expenses | $57,793 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $428,452 |
| Other assets | $0 |
| Total assets | $478,579 |
| Total liabilities | $8,750 |
| Net assets or fund balances | $469,829 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that La Foundation Louisiane has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Epochtimes Public Media Inc Houston, TX | $307,327 | $4,904,097 |
Southern Newspapers Inc Media Employeess Medical Plan Trust Houston, TX | $197,466 | $3,542,295 |
University Press Of Mississippi Inc Jackson, MS | $6,089,219 | $4,042,971 |
International Newspaper Marketing Assoc Dallas, TX | $1,983,312 | $3,083,139 |
San Antonio Report San Antonio, TX | $504,406 | $2,163,484 |
The Texas Democracy Foundation Austin, TX | $1,291,717 | $1,907,878 |
Oxford American Literary Project Inc Little Rock, AR | $826,347 | $1,575,021 |
Texas Conservative Coalition Research Institute Austin, TX | $668,794 | $1,384,176 |
Deep Vellum Publishing Dallas, TX | $927,865 | $1,118,831 |
Land Grant University Tax Education Foundation Inc College Station, TX | $503,284 | $859,742 |
Mensa Education And Research Foundation Hurst, TX | $6,134,049 | $836,864 |
Advocate Media - Dallas Inc Dallas, TX | $263,583 | $798,432 |