Lede New Orleans Inc is located in New Orleans, LA. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lede New Orleans 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 12/2023, Lede New Orleans Inc generated $369.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $387.0k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
A NONPROFIT NEWS INITIATIVE THAT BRINGS TOGETHER YOUNG ADULTS, JOURNALISTS, AND ARTISTS TO PRODUCE EQUITABLE, COMMUNITY-DRIVEN MEDIA IN NEW ORLEANS LOUISIANA.
Describe the Organization's Program Activity:
A NEWS INITIATIVE THAT BRINGS TOGETHER YOUNG ADULTS, JOURNALISTS AND ARTISTS TO PRODUCE EQUITABLE, COMMUNITY-DRIVEN MEDIA IN NEW ORLEANS.
LEDE NEW ORLEANS LAUNCHED ITS FLAGSHIP PROGRAMTHE COMMUNITY REPORTING FELLOWSHIPIN MARCH 2020, JUST DAYS BEFORE THE PANDEMIC SHUTDOWNS. CO-FOUNDERS JENNIFER LARINO, A JOURNALIST, AND EJAAZ MASON, A FILMMAKER AND EDUCATOR, HAD A STRAIGHTFORWARD GOAL: TO TRAIN OLDER YOUTH OF COLOR IN NEW ORLEANS TO DO MEDIA WORK. THE 10,000-FOOT VISION WAS TO MODEL WHAT AN EQUITABLE FUTURE FOR LOCAL MEDIA MIGHT LOOK LIKE BY EQUIPPING OLDER YOUTH WITH SKILLS, TOOLS AND RESOURCES THEY COULD USE TO DRIVE CHANGE IN THEIR COMMUNITIES. OUR FOUNDING TEAM AND THE 11 FELLOWS IN OUR FIRST TWO FELLOWSHIP COHORTS PERSEVERED THROUGH PANDEMIC UNCERTAINTY, JOB LOSS AND RACIAL UNREST NATIONWIDE TO LAY THE FOUNDATION FOR THIS WORK.
IN 2022, LEDE NEW ORLEANS GREW FROM A SUCCESSFUL PILOT TO A FULLY-FLEDGED ORGANIZATION. THE FOLLOWING ARE MAJOR PROGRAMMATIC, ORGANIZATIONAL AND REVENUE ACCOMPLISHMENTS FROM 2022. OVER THE LAST 12 MONTHS, WE:SECURED 501(C)(3) STATUS IN MARCH 2022.HIRED TWO NEW EMPLOYEES, BOTH FELLOWSHIP ALUMNI, TO OVERSEE PROGRAMS, GROWING FROM TWO TO FOUR STAFF MEMBERS.RECRUITED TWO NEW MEMBERS TO OUR BOARD OF DIRECTORS, GROWING FROM THREE TO FOUR MEMBERS.LAUNCHED THE FIFTH COHORT OF THE COMMUNITY REPORTING FELLOWSHIP, TRAINING 6 EMERGING STORYTELLERSALL YOUNG WOMEN OF COLOR. THE COHORTS REPORTING LOOKED INTO MENTAL WELLNESS AND MENTAL HEALTH CARE ACCESS IN NEW ORLEANS.ENGAGED MORE THAN 200 COMMUNITY MEMBERS THROUGH FEED THE PEOPLE, A LIVE EXHIBIT SHOWCASING STORIES AND MEDIA ABOUT LOCAL FOOD ACCESS PRODUCED BY THE FALL 2021 COMMUNITY REPORTING FELLOWS.WORKED TO DEMOCRATIZE BASIC MEDIA SKILLS THROUGH FREE, PUBLIC MEDIA WORKSHOPS SERVING OVER 20 COMMUNITY MEMBERS.ELEVATED LOCAL BIPOC VOICES IN 28 ORIGINAL PIECES OF CONTENT PRODUCED BY FELLOWS AND PUBLISHED ON LEDE PLATFORMS.PROVIDED SUPPORT AND RESOURCES FOR 20 FELLOWSHIP ALUMNI BREAKING INTO A RANGE OF CAREER PATHWAYS.RAISED MORE THAN $400,000 TO SUPPORT OUR MISSION, GROWING A NETWORK OF COMMUNITY AND INSTITUTIONAL SUPPORTERS.WORKSHOPPED OUR MISSION STATEMENT WITH PROGRAM ALUMNI, BOARD MEMBERS AND BUSINESS CONSULTANTS TO REFINE ITS WORK, ADOPTING THE FOLLOWING STATEMENT IN DECEMBER 2022: LEDE NEW ORLEANS IS COMMUNITY JOURNALISM ORGANIZATION THAT EQUIPS CREATIVE PROFESSIONALS FROM UNDERREPRESENTED COMMUNITIES, AGE 18-25, WITH SKILLS, TOOLS AND RESOURCES TO TRANSFORM LOCAL MEDIA.TO LEARN MORE ABOUT LEDE NEW ORLEANS AND OUR WORK, VISIT WWW.LEDENOLA.ORG.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Williamson Director | Trustee | 0 | $0 |
Shanieka Dabney-Henderson Director | Trustee | 0 | $0 |
Lana Kimayeva Director | Trustee | 0 | $0 |
Terri Troncale Director | Trustee | 0 | $0 |
Michele Garval Director | Trustee | 0 | $0 |
Jasmine Henderson Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $369,421 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $369,421 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $369,421 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $191,470 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $15,807 |
Fees for services: Management | $0 |
Fees for services: Legal | $17,714 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,109 |
Office expenses | $16,492 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,961 |
Travel | $100 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,531 |
All other expenses | $2,065 |
Total functional expenses | $387,014 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $305,149 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $305,149 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $305,149 |
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 | $0 |
Total liabilities and net assets/fund balances | $305,149 |