New Orleans Scottish Rite Foundation Inc
- Assets
- $4.4m
- Revenue
- $214.4k
- Investments
- $4.4m
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 11/1996
- Data as of
- 12/2021
- EIN
- 72-1330815
Organization Overview
New Orleans Scottish Rite Foundation Inc is located in Metairie, LA. The organization was established in 1996. According to its NTEE Classification (A54) the organization is classified as: History Museums, 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. New Orleans Scottish Rite 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, New Orleans Scottish Rite Foundation Inc generated $214.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $270.4k during the year ending 12/2021. While expenses have increased by 32.7% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nelson Ardoin Director | 0 | $0 | |
Thomas H Doussan Jr Treasurer | 0.25 | $0 | |
Jay Owensby President | 0.5 | $0 | |
Tony Radosti Secretary | 0.25 | $0 | |
Martin Reinschmidt Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,445 |
| Interest on Savings | $110,965 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $102,039 |
| Capital Gain Net Income | $102,039 |
| Net ST Capital Gain | $51 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $214,449 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $55,364 |
| Total operating and administrative expenses | $55,364 |
| Contributions, gifts, grants paid | $215,000 |
| Total expenses and disbursements | $270,364 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,787 |
| Savings and temporary cash investments | $36,242 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,359,701 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,406,730 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, New Orleans Scottish Rite Foundation Inc has awarded $215,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
SHRINERS HOSPITAL FOR CHILDREN-SHRE PURPOSE: GRANT TO SUPPORT 50C3 PURPOSE OF ORGANIZATION | $50,000 |
TEMPLE HISTORIC PRESERVATION FOUND PURPOSE: GRANT TO SUPPORT 50C3 PURPOSE OF ORGANIZATION | $30,000 |
MASONIC LEARING CENTER OF LA PURPOSE: GRANT TO SUPPORT 50C3 PURPOSE OF ORGANIZATION | $30,000 |
MASONIC SERVICE ASSOC OF NA PURPOSE: GRANT TO SUPPORT 50C3 PURPOSE OF ORGANIZATION | $30,000 |
LOUISIANA SCOTTISH RITE FOUNDATION PURPOSE: GRANT TO SUPPORT 50C3 PURPOSE OF ORGANIZATION | $30,000 |
Alexandria, LA PURPOSE: GRANT TO SUPPORT 50C3 PURPOSE OF ORGANIZATION | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National World War Ii Museum Inc New Orleans, LA | $356,423,154 | $49,812,071 |
Dallas Holocaust Museum Dallas, TX | $66,648,208 | $7,378,894 |
Alamo Trust Inc San Antonio, TX | $7,473,583 | $9,052,846 |
Lone Star Flight Museum Houston, TX | $40,810,370 | $4,057,590 |
Dallas County Historical Foundation Dallas, TX | $11,613,862 | $4,636,701 |
Bryan Texana Foundation Houston, TX | $8,461,183 | $2,408,537 |
Port Terminal Railroad Association Employee Benefit Plan Houston, TX | $666,713 | $3,214,049 |
Museum Of South Texas History Edinburg, TX | $13,050,416 | $3,078,245 |
National Wasp Wwii Museum Inc Sweetwater, TX | $6,526,024 | $2,354,607 |
Fort Bend History Association Richmond, TX | $2,253,912 | $1,581,354 |
Panhandle-Plains Historical Society Canyon, TX | $16,000,249 | $2,121,798 |
International Longshoremens Association Houston, TX | $2,403,421 | $2,322,515 |