Eternal Seeds Inc is located in New Orleans, LA. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Eternal Seeds 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 12/2022, Eternal Seeds Inc generated $275.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 59.1% each year . All expenses for the organization totaled $200.1k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ETERNAL SEEDS IS A COMMUNITY-BASED NONPROFIT THAT SERVES ARTISTS IN NEW ORLEANS. WE CENTER ALL OF OUR WORK AROUND EDUCATION EMPOWERMENT AND THE PRESERVATION OF NEW ORLEANS BLACK HISTORY AND CULTURE WITH A FOCUS ON YOUNG AND EMERGING ARTISTS. HARNESSING THE POWER OF CREATIVE EXPRESSION AND COMMUNITY WE PROVIDE YOUNG AND EMERGING ARTISTS WITH TOOLS THEY NEED TO BECOME THE REVOLUTIONARY LEADERS AND SHAPERS OF A MORE JUST EQUITABLE AND ARTFUL WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ETERNAL SEEDS "SUMMER SESSION 2022" IN PARTNERSHIP WITH BMIKE LLC - PROVIDED 20 YOUNG ARTISTS EXPOSURE TO THE POWER OF ART THROUGH MURAL ARTS AND DIGITAL MEDIA PRODUCTION. OVER A 5-WEEK SUMMER ARTS INTENSIVE TEAMS ARE PLACED IN SMALL TEAMS AND ARE GUIDED BY PROFESSIONAL ARTISTS WHO SERVE AS INSTRUCTORS TO MENTOR THE FUNDAMENTAL SKILLS OF MEDIA ARTS AND MURAL MAKING. EACH TEAM IS TAUGHT ABOUT THE PROCESS OF CREATING FROM CONCEPTUALIZATION ALL THE WAY TO COMPLETED PRODUCTION. UPON COMPLETION OF THE PROGRAM EACH STUDENT IS REWARDED WITH A GRANT UP TO $600.
FRIENDS OF LAFITTE GREENWAY PROJECT - PROVIDED 10 YOUNG ARTISTS AN OPPORTUNITY TO CREATE A CUSTOM MURAL ON A BASKETBALL COURT AT THE LEMANN PLAYGROUND IN NEW ORLEANS. ROLES INCLUDED NOT ONLY THE LABOR TO CREATE THE ART ON THE COURT BUT ALSO ROLES SUCH AS PROJECT MANAGERS AND LEAD DESIGNERS. UPON COMPLETION OF THE PROJECT EACH STUDENT AS REWARDED WITH A GRANT UP TO $1,800.
BRASS A HOLICS PROJECT - PROVIDED 7 YOUNG ARTISTS AN OPPORTUNITY TO WORK WITH A LOCAL BAND CALLED THE BRASS A HOLICS TO CREATE CUSTOM MERCHANDISE FOR THE BAND TO WEAR AND SELL ON IT'S TOURS. STUDENTS PARTICIPATED IN THE DESIGN AND PROJECT MANAGEMENT FUNCTIONS OF THE PROJECT AND WE REWARDED WITH GRANTS UP TO $1,350.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brandan Odums President Executive Director | OfficerTrustee | 20 | $0 |
Taylor Holloway Director Of Development | Officer | 15 | $0 |
Edward Odums Jr Treasurer | Officer | 15 | $0 |
Elizabeth Lefrere Secretary | Officer | 15 | $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 | $241,686 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $241,686 |
Total Program Service Revenue | $33,700 |
Investment income | $43 |
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 | $275,429 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $7,700 |
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 | $183,184 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,200 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
All other expenses | $7,659 |
Total functional expenses | $200,080 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $135,935 |
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 | $135,935 |
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 | $135,935 |
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 | $135,935 |