Gateway Foundation Of Acadiana is located in Lafayette, LA. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gateway Foundation Of Acadiana 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 03/2024, Gateway Foundation Of Acadiana generated $63.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $59.5k during the year ending 03/2024. While expenses have increased by 9.4% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
MAINTAINING THE PROPERTY ON AND SURROUNDING THE LAFAYETTE PARISH CONVENTION AND VISITORS CENTER.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,120 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $616 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,736 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,491 |
| Total expenses | $59,491 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,412 |
| Other assets | $0 |
| Total assets | $5,512 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,512 |