Louisiana State Cotton Museum Foundation Inc
- Assets
- $310.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Providence, LA
- Founding
- 01/1995
- Data as of
- 12/2021
- EIN
- 72-1280003
Organization Overview
Louisiana State Cotton Museum Foundation Inc is located in Lake Providence, LA. The organization was established in 1995. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Louisiana State Cotton Museum Foundation Inc 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, Louisiana State Cotton Museum Foundation Inc generated $110.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $48.9k during the year ending 12/2021. While expenses have increased by 15.5% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CHARITABLE PURPOSE IS TO PROMOTE AND SUPPORT THE LOUISIANA STATE COTTON MUSEUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reynold Minsky President | 5 | $0 | |
Patricia W Fairchild Member | 5 | $0 | |
Donna B Winters Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,764 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $123 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,887 |
| 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 | $3,131 |
| Occupancy, rent, utilities, and maintenance | $19,892 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,877 |
| Total expenses | $48,900 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $299,448 |
| Other assets | $0 |
| Total assets | $310,793 |
| Total liabilities | $0 |
| Net assets or fund balances | $310,793 |
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