School Of Design
- Assets
- $1.9m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- New Orleans, LA
- Founding
- 08/1965
- Data as of
- 05/2022
- EIN
- 72-6028480
Organization Overview
School Of Design is located in New Orleans, LA. The organization was established in 1965. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2022, School Of Design employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. School Of Design 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 05/2022, School Of Design generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $1.1m during the year ending 05/2022. While expenses have increased by 2.9% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CARNIVAL ORGANIZATION PARADE AND BALL FOR THE PUBLIC ENJOYMENT ON MARDI GRAS DAY
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARNIVAL ORGANIZATION PARADE FOR ENJOYMENT OF PUBLIC ON MARDI GRAS DAY- OVER 500,000 VIEW PARADE AND BALL ON MARDI GRAS EVENING BROADCASTED AND STREAMED TO APPROXIMATELY 50,000 VIEWERS ON PUBLIC TELEVISION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William F Grace Jr Vice President | OfficerTrustee | 0.5 | $0 |
James J Reiss III Executive Vice President | OfficerTrustee | 1 | $0 |
Christian T Brown President | OfficerTrustee | 1 | $0 |
Thomas D Westfeldt II Vice President | OfficerTrustee | 0.5 | $0 |
Hardy B Fowler Treasurer | OfficerTrustee | 0.5 | $0 |
Lynes R Sloss Secretary | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Reform Plastic And Metal Factory Beads And Throws | 5/30/22 | $159,549 |
Royal Artists Inc Build And Design Floats | 5/30/22 | $165,483 |
Adler's Jewelry Jewelry | 5/30/22 | $122,529 |
Financial Statements
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $677,287 |
| Investment income | $231 |
| 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 | $395,107 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,072,625 |
| 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 | $8,502 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,596 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,883 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,490 |
| Advertising and promotion | $23,741 |
| Office expenses | $31,909 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,743 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $274 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,000 |
| Insurance | $86,652 |
| All other expenses | $96,511 |
| Total functional expenses | $1,120,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,621 |
| Savings and temporary cash investments | $387,719 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,814 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $280,365 |
| Prepaid expenses and deferred charges | $83,247 |
| Net Land, buildings, and equipment | $721,716 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $328,076 |
| Total assets | $1,895,558 |
| Accounts payable and accrued expenses | $13,352 |
| Grants payable | $0 |
| Deferred revenue | $2,250 |
| 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 | $15,602 |
| Net assets without donor restrictions | $1,879,956 |
| 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 | $1,895,558 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Thought Dallas, TX | $5,164,665 | $9,225,791 |
Southwest School Of Art San Antonio, TX | $10,498,026 | -$15,382,277 |
Young Audiences Of Louisiana Inc New Orleans, LA | $2,693,862 | $4,571,020 |
Us Biennial Inc New Orleans, LA | $1,914,538 | $2,330,262 |
Community Works Of Louisiana New Orleans, LA | $370,788 | $1,210,221 |
Multicultural Education And Counseling Through The Arts Houston, TX | $4,644,101 | $2,037,486 |
School Of Design New Orleans, LA | $1,895,558 | $1,072,625 |
Youth Oasis Baton Rouge, LA | $394,453 | $1,019,110 |
Art League Of Houston Houston, TX | $910,841 | $1,126,374 |
Fort Smith Art Center Inc Fort Smith, AR | $4,977,849 | $1,507,880 |
Canzion Institute Of Music Baytown, TX | $424,046 | $884,819 |
Mindpop Austin, TX | $1,873,038 | $734,426 |