Festival International De Louisiane
EIN: 581705676 · Lafayette, LA · NTEE: A200
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.8M |
| Net Assets | $1.7M |
Is Festival International De Louisiane Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Festival International De Louisiane
Festival International De Louisiane (EIN: 581705676) is a nonprofit organization based in Lafayette, LA, classified under NTEE code A200. The organization reported total revenue of $1.7M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Festival International De Louisiane's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Festival International De Louisiane is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-96,574 |
| Total Assets | $2.2M |
| Total Liabilities | $488K |
| Net Assets | $1.7M |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 22.3% |
| Months of Reserves | 14.6 months |
Financial Health Grade: B
In 2023, Festival International De Louisiane reported a deficit of $97K with expenses exceeding revenue, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 22.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Festival International De Louisiane's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.8% | +18.7% | -3.3% |
| 2022 | +103.7% | +171.0% | +10.2% |
| 2021 | +65.8% | -11.0% | +39.3% |
| 2020 | -63.0% | -57.7% | +5.0% |
| 2019 | -5.0% | -1.4% | +7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Festival International De Louisiane has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Festival International De Louisiane with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $97K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.3%.
Frequently Asked Questions about Festival International De Louisiane
Is Festival International De Louisiane a legitimate charity?
Based on AI analysis of IRS 990 filings, Festival International De Louisiane (EIN: 581705676) insufficient data. 0 red flags identified, 0 strengths noted.
How does Festival International De Louisiane spend its money?
Detailed spending breakdown data is not yet available for Festival International De Louisiane. Check back for updated IRS 990 analysis.
Are donations to Festival International De Louisiane tax-deductible?
Festival International De Louisiane is registered as a tax-exempt nonprofit (EIN: 581705676). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Festival International De Louisiane located?
Festival International De Louisiane is headquartered in Lafayette, Louisiana and files with the IRS under EIN 581705676. It is classified under NTEE code A200.
How many years of IRS 990 filings does Festival International De Louisiane have?
Festival International De Louisiane has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Filing History
IRS 990 filing history for Festival International De Louisiane showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Festival International De Louisiane's revenue has grown by 72.8%, moving from $985K to $1.7M. Total assets increased by 419.5% over the same period, from $422K to $2.2M. Total functional expenses rose by 84.4%, from $975K to $1.8M. In its most recent filing year (2023), Festival International De Louisiane reported a deficit of $97K, with expenses exceeding revenue. The organization holds $488K in liabilities against $2.2M in assets (debt-to-asset ratio: 22.3%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.8M | $2.2M | $488K | — | — |
| 2022 | $2.0M | $1.5M | $2.3M | $468K | — | View 990 |
| 2021 | $992K | $559K | $2.1M | $762K | — | — |
| 2020 | $598K | $628K | $1.5M | $614K | — | — |
| 2019 | $1.6M | $1.5M | $1.4M | $514K | — | View 990 |
| 2018 | $1.7M | $1.5M | $1.3M | $543K | — | View 990 |
| 2017 | $1.5M | $1.3M | $1.1M | $555K | — | View 990 |
| 2016 | $1.2M | $1.1M | $360K | $11K | — | View 990 |
| 2015 | $1000K | $1.1M | $201K | $17K | — | View 990 |
| 2014 | $1.1M | $1.1M | $310K | $11K | — | View 990 |
| 2013 | $1.0M | $1.1M | $302K | $18K | — | View 990 |
| 2012 | $1.0M | $1.0M | $397K | $12K | — | View 990 |
| 2011 | $985K | $975K | $422K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.8M, and assets of $2.2M (revenue -15.8% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.5M, and assets of $2.3M (revenue +103.7% year-over-year).
- 2021: Revenue of $992K, expenses of $559K, and assets of $2.1M (revenue +65.8% year-over-year).
- 2020: Revenue of $598K, expenses of $628K, and assets of $1.5M (revenue -63.0% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.5M, and assets of $1.4M (revenue -5.0% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.5M, and assets of $1.3M (revenue +13.3% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.3M, and assets of $1.1M (revenue +20.5% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $360K (revenue +24.5% year-over-year).
- 2015: Revenue of $1000K, expenses of $1.1M, and assets of $201K (revenue -8.2% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $310K (revenue +4.0% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.1M, and assets of $302K (revenue +3.6% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.0M, and assets of $397K (revenue +2.5% year-over-year).
- 2011: Revenue of $985K, expenses of $975K, and assets of $422K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Festival International De Louisiane:
Data Sources and Methodology
This transparency report for Festival International De Louisiane is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.