New Orleans Center For Creative Arts Foundation
- Assets
- $27.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 8
- Location
- New Orleans, LA
- Founding
- 09/1983
- Data as of
- 06/2022
- EIN
- 72-0972102
Organization Overview
New Orleans Center For Creative Arts Foundation, operating under the name Nocca Foundation, is located in New Orleans, LA. The organization was established in 1983. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Nocca Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nocca 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, Nocca Foundation generated $1.7m 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 (18.6%) each year. All expenses for the organization totaled $2.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NOCCA FOUNDATION CHAMPIONS THE NEW ORLEANS CENTER FOR CREATIVE ARTS. WE BUILD PHILANTHROPIC, LASTING PARTNERSHIPS. WE INVEST IN YOUNG ARTISTS, THEIR MENTORS AND THE COMMUNITY THROUGH PROGRAMS THAT ENCOURAGE EDUCATIONAL AND CULTURAL INNOVATION.
Describe the Organization's Program Activity:
NOCCA DEPARTMENTAL AND ADMINISTRATIVE SUPPORT: FINANCIAL ASSISTANCE PROVIDED DIRECTLY TO NOCCA TO SUPPORT EXPENSES NOT FUNDED BY THE STATE OPERATING BUDGET, INCLUDING PURCHASE OF EQUIPMENT, SUPPLIES AND TRAVEL. THIS PROGRAM ALSO INCLUDES THE NOCCA FORUM PROJECT, WHICH HOUSES LABS, KITCHENS, AND CLASSROOMS THAT ARE USED FOR NOCCA'S EDUCATIONAL PROGRAMS.
ARTISTS-IN-RESIDENCE PROGRAM: FUNDING FOR NOCCA TO BRING IN VISITING ARTISTS IN ALL DISCIPLINES TO TEACH STUDENTS WHO BENEFIT FROM ADDITIONAL PROFESSIONAL EXPERTISE. SOME VISITING ARTISTS ARE PRESENT IN PERFORMANCES OR EXHIBITIONS OPEN TO THE PUBLIC.
NOCCA FOUNDATION OPERATES A CAFE IN THE RENOVATED WAREHOUSE THAT ACCOMMODATES NOCCA'S EDUCATIONAL PROGRAMS.
STUDENT SUCCESS AND AWARDS: FINANCIAL ASSISTANCE AND AWARDS FOR STUDENTS IN ALL DISCIPLINES FOR DEPARTMENT FEES, REQUIRED PRIVATE LESSONS, SUPPLIES, UNIFORMS, ETC., BASED ON NEED. SUMMER STUDY AWARDS ARE BASED UPON NEED AND MERIT. 276 STUDENTS BENEFITTED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Perry Executive Director | Officer | 45 | $202,437 |
Ayman Jaber Director Of Finance And Operations | Officer | 45 | $103,815 |
Elizabeth Mcmillan Director Of Advancement | 40 | $106,355 | |
Troy Broussard Director (left December 2021) | Trustee | 0.3 | $0 |
Terrie Guerin Director | Trustee | 0.3 | $0 |
William Netter Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $144,532 |
| Fundraising events | $227,509 |
| Related organizations | $0 |
| Government grants | $197,576 |
| All other contributions, gifts, grants, and similar amounts not included above | $602,422 |
| Noncash contributions included in lines 1a–1f | $164,246 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,172,039 |
| Total Program Service Revenue | $0 |
| Investment income | $11,688 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $332,144 |
| Net Gain/Loss on Asset Sales | $91,636 |
| Net Income from Fundraising Events | -$172,761 |
| Net Income from Gaming Activities | $19,766 |
| Net Income from Sales of Inventory | $195,656 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,656,280 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $187,010 |
| Grants and other assistance to domestic individuals. | $262,912 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $263,776 |
| Compensation of current officers, directors, key employees. | $154,772 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $475,406 |
| Pension plan accruals and contributions | $28,849 |
| Other employee benefits | $49,585 |
| Payroll taxes | $49,600 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,830 |
| Fees for services: Accounting | $38,972 |
| Fees for services: Lobbying | $11,250 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,687 |
| Fees for services: Other | $28,630 |
| Advertising and promotion | $2,249 |
| Office expenses | $191,863 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $128,006 |
| Travel | $1,246 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,887 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $748,842 |
| Insurance | $24,920 |
| All other expenses | $0 |
| Total functional expenses | $2,607,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,122 |
| Savings and temporary cash investments | $2,453,684 |
| Pledges and grants receivable | $287,059 |
| 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 | $50,864 |
| Net Land, buildings, and equipment | $22,872,623 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,193,449 |
| Intangible assets | $0 |
| Other assets | $90,655 |
| Total assets | $27,094,456 |
| Accounts payable and accrued expenses | $64,575 |
| 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 | $8,506,413 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,570,988 |
| Net assets without donor restrictions | $15,838,929 |
| Net assets with donor restrictions | $2,684,539 |
| 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 | $27,094,456 |
Grants Awarded
Over the last fiscal year, New Orleans Center For Creative Arts Foundation has awarded $256,494 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NEW ORLEANS CENTER FOR CREATIVE ARTS PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO NOCCA; THE BUDGET FOR NOCCA PROVIDED BY THE STATE OF LOUISIANA DOES NOT COVER ALL EXPENSES. ALSO, TO PROVIDE A MARGIN OF EXCELLENCE THAT ALLOWS FOR INNOVATIVE TEACHING AND PROGRAMS THAT GO BEYOND STANDARD CURRICULUM. | $248,174 |
BERKLEE COLLEGE OF MUSIC PURPOSE: AWARDS | $8,320 |