The Louisiana Music And Heritage Experience Inc
- Assets
- $394.9k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- Data as of
- 12/2023
- EIN
- 87-2248278
Organization Overview
The Louisiana Music And Heritage Experience 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. Louisiana Music And Heritage Experience 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, Louisiana Music And Heritage Experience Inc generated $1.3m in total revenue. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 110.0% per year over the past 2 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE LOUISIANA MUSIC & HERITAGE EXPERIENCE, CELEBRATES AND INTERPRETS THE RICH MUSICAL LEGACY OF NEW ORLEANS AND GREATER LOUISIANA BY WAY OF THOUGHT-PROVOKING EXHIBITIONS, DYNAMIC PUBLIC PROGRAMS AND PERFORMANCES, AND ENGAGING EDUCATION WORKSHOPS, TOURS, AND SEMINARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISING AWARNESS IN SUPPORT OF THE DEVELOPMENT OF THE LOUISIANA MUSIC & HERITAGE EXPERIENCE, WHICH CELEBRATES AND INTERPRETS THE RICH MUSICAL LEGACY OF NEW ORLEANS AND GREATER LOUISIANA BY WAY OF THOUGHT-PROVOKING EXHIBITIONS, DYNAMIC PUBLIC PROGRAMS AND PERFORMANCES, AND ENGAGIN EDUCATION WORKSHOPS, TOURS, AND SEMINARS.
NOLA FUNK FEST SUPPORTS THE LOUISIANA MUSIC & HERITAGE EXPERIENCE, HIGHLIGHTING LOUISIANA'S MUSICAL HERITAGE WHILE PROMOTING THE DEVELOPMENT OF A DEDICATED MUSEUM. THE 2023 FESTIVAL FEATURED EXHIBITS, SYMPOSIUMS ON LOUISIANA MUSIC HISTORY, AND THREE DAYS OF PERFORMANCES BY TOP FUNK ACTS. THE EVENT AIMS TO RAISE AWARENESS FOR PRESERVING LOUISIANA'S EVOLVING MUSIC HISTORY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Beary Board Chair | Trustee | 50 | $0 |
Adonis Rose Director | Trustee | 5 | $0 |
Anwar Nasir Director | Trustee | 5 | $0 |
David Soliman Director | Trustee | 5 | $0 |
Diane Blagman Director | Trustee | 5 | $0 |
Gregory Davis Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $836,911 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,684 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $909,595 |
| Total Program Service Revenue | $374,039 |
| Investment income | $6,687 |
| 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 | $1,290,321 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,498 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $108,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $316,500 |
| Advertising and promotion | $52,695 |
| Office expenses | $10,636 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $23,273 |
| 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 | $0 |
| Total functional expenses | $1,061,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,184 |
| Savings and temporary cash investments | $356,687 |
| 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 | $394,871 |
| Accounts payable and accrued expenses | $3,683 |
| Grants payable | $0 |
| Deferred revenue | $163,089 |
| 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 | $6,168 |
| Total liabilities | $172,940 |
| Net assets without donor restrictions | $221,931 |
| 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 | $394,871 |