New Orleans Jazz & Heritage Foundation Inc
- Assets
- $55.9m
- Revenue
- $11.5m
- Investments
- $0.0
- Employees
- 123
- Location
- New Orleans, LA
- Founding
- 04/1971
- Data as of
- 08/2021
- EIN
- 72-0692744
Organization Overview
New Orleans Jazz & Heritage Foundation Inc is located in New Orleans, LA. The organization was established in 1971. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, New Orleans Jazz & Heritage Foundation Inc employed 123 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Orleans Jazz & Heritage 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 08/2021, New Orleans Jazz & Heritage Foundation Inc generated $11.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.9%) each year. All expenses for the organization totaled $10.0m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (20.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, New Orleans Jazz & Heritage Foundation Inc has awarded 98 individual grants totaling $8,172,471. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE NEW ORLEANS JAZZ AND HERITAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL ENRICHMENT: THE NEW ORLEANS JAZZ & HERITAGE FESTIVAL AND FOUNDATION, INC. HAS SEVERAL ENRICHMENT PROGRAMS, INCLUDING MULTIPLE MUSIC FESTIVALS AND CONCERT SERIES HIGHLIGHTING LOCAL CULTURE THROUGH MUSIC, CUISINE, AND ART. THE ESTIMATED NUMBER OF ATTENDEES AT FESTIVALS PREPANDEMIC FOR FYE 2021 WAS 10,000. IN ADDITION, THE FOUNDATION PROVIDED SUPPORT TO WWOZ A RELATED ORGANIZATION WHICH OPERATES A RADIO STATION IN NEW ORLEANS, LA FOR PRODUCTION AND BROADCASTING OF JAZZ PROGRAMMING.
ECONOMIC DEVELOPMENT: THE NEW ORLEANS JAZZ & HERITAGE FESTIVAL AND FOUNDATION, INC. HAS SEVERAL ECONOMIC DEVELOPMENT PROGRAMS BENEFITING LOCAL MUSICIANS AND CULTURE BEARERS OF THE COMMUNITY. THESE PROGRAMS INCLUDE THOSE WHICH PROVIDE COMMUNITY GRANTS TO SUPPORT PROJECTS IN MUSIC AND THE ARTS OF LOUISIANA. IN FYE 2021, THE FOUNDATION ADDED A NEW CATEOGRY TO AID ARTISTS, GIG WORKERS, AND CULTURE BEARERS DURING THE PANDEMIC DUE TO A LACK OF WORK OPPORTUNITIES. THERE WERE APPROXIAMTELY 4,000 GRANT PARTICIPANTS.
EDUCATION: THE NEW ORLEANS JAZZ & HERITAGE FESTIVAL AND FOUNDATION, INC. HAS SEVERAL EDUCATIONAL PROGRAMS, INCLUDING HANDS-ON MUSICAL INSTRUCTION FOR KIDS AGES 8-17. OTHER PROGRAMS ENGAGE ADULTS AND CHILDREN IN MEANINGFUL DIALOGUE ABOUT HISTORY, CULTURE, AND BUSINESS. IN FYE 2021, THERE WERE APPROXIMATELY 500 STUDENTS, TEACHERS, AND PARTICIPANTS IN SYMPOSIUMS AND INSTRUCTION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald K Marshall Executive Director | Officer | 40 | $161,132 |
Sarita M Carriere Director Of Finance & Hr | Officer | 40 | $141,668 |
David Francis First Vice President | OfficerTrustee | 6 | $0 |
Judge Sidney H Cates IV Treasurer | OfficerTrustee | 7 | $0 |
Rachel F Cousin Secretary | OfficerTrustee | 9 | $0 |
Tara Carter Hernandez Second Vice President | OfficerTrustee | 6 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Caps Universal Staffing Contract/payroll Processor | 8/30/21 | $2,179,126 |
Festival Productions Inc - New Orleans Producer Fees | 8/30/21 | $1,007,777 |
Friends Of Wwoz Inc Broadcasting/advertising/promotions | 8/30/21 | $600,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $85,687 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,922,857 |
| All other contributions, gifts, grants, and similar amounts not included above | $655,162 |
| Noncash contributions included in lines 1a–1f | $14,017 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,663,706 |
| Total Program Service Revenue | $246,724 |
| Investment income | $525,612 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,900 |
| Net Gain/Loss on Asset Sales | $3,021,623 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,473,899 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,193,574 |
| Grants and other assistance to domestic individuals. | $891,647 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $337,808 |
| Compensation of current officers, directors, key employees. | $337,808 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,652,724 |
| Pension plan accruals and contributions | $40,814 |
| Other employee benefits | $306,220 |
| Payroll taxes | $256,497 |
| Fees for services: Management | $1,007,777 |
| Fees for services: Legal | $64,802 |
| Fees for services: Accounting | $44,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,717,595 |
| Advertising and promotion | $703,872 |
| Office expenses | $139,117 |
| Information technology | $80,547 |
| Royalties | $0 |
| Occupancy | $353,520 |
| Travel | $9,667 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $649 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $659,517 |
| Insurance | $246,230 |
| All other expenses | $0 |
| Total functional expenses | $9,985,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,902,714 |
| Savings and temporary cash investments | $3,961,496 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $782,372 |
| 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 | $422,342 |
| Net Land, buildings, and equipment | $7,184,738 |
| Investments—publicly traded securities | $32,143,184 |
| Investments—other securities | $0 |
| Investments—program-related | $612,858 |
| Intangible assets | $0 |
| Other assets | $842,943 |
| Total assets | $55,852,647 |
| Accounts payable and accrued expenses | $2,252,576 |
| Grants payable | $0 |
| Deferred revenue | $12,832,287 |
| 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 | $15,084,863 |
| Net assets without donor restrictions | $39,757,228 |
| Net assets with donor restrictions | $1,010,556 |
| 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 | $55,852,647 |
Grants Awarded
Over the last fiscal year, New Orleans Jazz & Heritage Foundation Inc has awarded $483,172 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
New Orleans, LA PURPOSE: TO PROVIDE SECURITY FOR SECOND LINE PARADES. | $100,000 |
New Orleans, LA PURPOSE: TO PROVIDE COMPREHENSIVE HEALTH CARE AND MENTAL HEALTH/SOCIAL SERVICES FOR MUSICIANS. | $100,000 |
JEFFERSON PARISH PUBLIC SCHOOL SYSTEM PURPOSE: COMMUNITY PARTNERSHIP GRANT - TO PROVIDE OPPORTUNITIES TO CONTRACT WITH ARTISTS AND PURCHASE SUPPLIES FOR EDUCATIONAL PROGRAMS FOR CHILDREN AND ADULTS. | $52,000 |
NEW ORLEANS ARTS EDUCATION ALLIANCE PURPOSE: TO FORM A COLLABORATION THAT IS WORKING TO PUT ART AND MUSIC BACK IN SCHOOLS. | $50,000 |
New Orleans, LA PURPOSE: COMMUNITY PARTNERSHIP GRANT - TO PROVIDE OPPORTUNITIES TO CONTRACT WITH ARTISTS AND PURCHASE SUPPLIES FOR EDUCATIONAL PROGRAMS FOR CHILDREN AND ADULTS. | $39,500 |
ST BERNARD PARISH SCHOOL BOARD PURPOSE: COMMUNITY PARTNERSHIP GRANT - TO PROVIDE OPPORTUNITIES TO CONTRACT WITH ARTISTS AND PURCHASE SUPPLIES FOR EDUCATIONAL PROGRAMS FOR CHILDREN AND ADULTS. | $33,500 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that New Orleans Jazz & Heritage Foundation Inc has recieved totaling $208,270.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $49,296 |
Helis Foundation New Orleans, LA PURPOSE: DIGITAL SYSTEMS LEAD POSITION | $35,000 |
Manitou Fund White Bear Lake, MN PURPOSE: GENERAL SUPPORT | $25,000 |
Edward And Ruth Wilkof Foundation Canton, OH PURPOSE: CULTURAL PROGRAMS | $20,000 |
Leslie Fund Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $20,000 |
M W Murphy Foundation El Dorado, AR PURPOSE: GENERAL FUND | $20,000 |
Endowment Analysis
| Beg. Balance | $622,450 |
| Earnings | $28,237 |
| Other Expense | $37,829 |
| Ending Balance | $612,858 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Orleans Jazz & Heritage Foundation Inc New Orleans, LA | $55,852,647 | $11,473,899 |
Crossmen Productions Inc San Antonio, TX | $778,928 | $1,511,300 |
Texas Bandmasters Association Inc San Antonio, TX | $1,139,191 | $835,883 |
Bandera County Junior Livestock Show Association Bandera, TX | $697,248 | $530,611 |
Bandera County Helping Hand Center Bandera, TX | $1,402,812 | $225,618 |
Houston Saengerbund Houston, TX | $4,613,712 | $574,373 |
Berkner Area Band Club Inc Richardson, TX | $88,792 | $278,485 |
Parkway High School Band Boosters Inc Bossier City, LA | $66,264 | $251,167 |
North Texas Colorguard Association Arlington, TX | $31,126 | $169,805 |
The Vigil Project Inc Mandeville, LA | $22,670 | $97,621 |
Line Upon Line Percussion Austin, TX | $47,842 | $0 |
Lake Highlands Area Band Club Dallas, TX | $65,857 | $181,390 |