Krewe Of Galatea Inc
- Assets
- $89.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morgan City, LA
- Founding
- 09/1974
- Data as of
- 02/2022
- EIN
- 72-0748480
Organization Overview
Krewe Of Galatea Inc is located in Morgan City, LA. The organization was established in 1974. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Krewe Of Galatea Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 02/2022, Krewe Of Galatea Inc generated $94.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $108.7k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
MARDI GRAS OBSERVANCE - PARADE, COURT, BALL, AND RELATED EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vickie Dohmann Treasurer | 3 | $0 | |
Christie Dragna President | 3 | $0 | |
Shantell Cavalier Secretary | 3 | $0 | |
Karen Melancon Vice Preside | 3 | $0 | |
Michele Picou Captain | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,986 |
| Total Program Service Revenue | $35,235 |
| Membership dues | $0 |
| Investment income | $80 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,013 |
| Other Revenue | $0 |
| Total Revenue | $94,314 |
| 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 | $360 |
| Occupancy, rent, utilities, and maintenance | $3,605 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $104,723 |
| Total expenses | $108,688 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,599 |
| Other assets | $0 |
| Total assets | $89,826 |
| Total liabilities | $0 |
| Net assets or fund balances | $89,826 |
Peer Organizations
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|---|---|---|
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Expo Center Of Taylor County Abilene, TX | $1,469,726 | $5,612,899 |
Arkansas Livestock Show Assoc Little Rock, AR | $4,870,203 | $5,931,539 |
Fairfield Village Community Inc Houston, TX | $4,878,144 | $5,460,075 |
International Association Of Venue Managers Inc Coppell, TX | $4,566,324 | $3,596,917 |
Austin County Fair Association Inc Bellville, TX | $2,038,389 | $3,840,084 |