Krewe Of Tucks Inc
- Assets
- $6.9m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 02/1993
- Data as of
- 05/2024
- EIN
- 72-1207981
Organization Overview
Krewe Of Tucks Inc is located in New Orleans, LA. The organization was established in 1993. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Krewe Of Tucks Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2024, Krewe Of Tucks Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $4.6m during the year ending 05/2024. While expenses have increased by 10.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
MARDI GRAS STREET PARADE AND GALA
Describe the Organization's Program Activity:
Part 3 - Line 4a
KREWE OF TUCKS MARDI GRAS STREET PARADE AND GALA
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 |
|---|---|---|---|
Lloyd Frischhertz President | Trustee | 20 | $0 |
Marc Frischhertz Director | Trustee | 2 | $0 |
Brad Frischhertz Director | Trustee | 2 | $0 |
Dracos Morvant Director | Trustee | 2 | $0 |
Robert Reichert Director | Trustee | 2 | $0 |
Carlene Fujimoto Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blaine Kern Artists Inc Float Design Services | 5/30/24 | $1,323,000 |
Plush Appeal Llc Member's Parade Throws And Beads | 5/30/24 | $1,302,030 |
Marriott Hotel Coronation And Extravaganza Ball | 5/30/24 | $254,966 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,239,586 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,239,586 |
| Total Program Service Revenue | $948,017 |
| Investment income | $13,959 |
| 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 | $4,201,562 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $79,850 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,046 |
| Advertising and promotion | $7,819 |
| Office expenses | $636,296 |
| Information technology | $18,184 |
| Royalties | $0 |
| Occupancy | $176,580 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $331,147 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $731,522 |
| Insurance | $56,892 |
| All other expenses | $0 |
| Total functional expenses | $4,559,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,647,976 |
| Savings and temporary cash investments | $0 |
| 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 |
| Net Land, buildings, and equipment | $5,204,636 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150 |
| Total assets | $6,852,762 |
| 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 | $1,603,537 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,603,537 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $5,249,225 |
| Total liabilities and net assets/fund balances | $6,852,762 |
Grants Awarded
Over the last fiscal year, Krewe Of Tucks Inc has awarded $64,300 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TUCKS CHARITABLE FOUNDATION PURPOSE: TO SUPPORT ORGANIZATION | $22,500 |
CHILDREN'S HOSPITAL INC PURPOSE: TO SUPPORT ORGANIZATION | $41,800 |