The Louisiana Music And Heritage Experience Inc
EIN: 872248278 · New Orleans, LA · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Net Assets | $222K |
Is The Louisiana Music And Heritage Experience Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Louisiana Music And Heritage Experience Inc
The Louisiana Music And Heritage Experience Inc (EIN: 872248278) is a nonprofit organization based in New Orleans, LA, classified under NTEE code A20. The organization reported total revenue of $1.1M and total assets of $539K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Louisiana Music And Heritage Experience Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Louisiana Music And Heritage Experience Inc is a mid-size nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 484.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$228K |
| Total Assets | $395K |
| Total Liabilities | $173K |
| Net Assets | $222K |
| Operating Margin | 17.7% |
| Debt-to-Asset Ratio | 43.8% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2023, The Louisiana Music And Heritage Experience Inc reported a surplus of $228K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 43.8% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), The Louisiana Music And Heritage Experience Inc's revenue has grown at a compound annual growth rate (CAGR) of 484.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +484.9% | +341.0% | +2340.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Louisiana Music And Heritage Experience Inc 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 The Louisiana Music And Heritage Experience Inc 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 surplus of $228K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.8%.
Frequently Asked Questions about The Louisiana Music And Heritage Experience Inc
Is The Louisiana Music And Heritage Experience Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Louisiana Music And Heritage Experience Inc (EIN: 872248278) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Louisiana Music And Heritage Experience Inc spend its money?
Detailed spending breakdown data is not yet available for The Louisiana Music And Heritage Experience Inc. Check back for updated IRS 990 analysis.
Are donations to The Louisiana Music And Heritage Experience Inc tax-deductible?
The Louisiana Music And Heritage Experience Inc is registered as a tax-exempt nonprofit (EIN: 872248278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Louisiana Music And Heritage Experience Inc located?
The Louisiana Music And Heritage Experience Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 872248278. It is classified under NTEE code A20.
How many years of IRS 990 filings does The Louisiana Music And Heritage Experience Inc have?
The Louisiana Music And Heritage Experience Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.1M in total revenue.
Filing History
IRS 990 filing history for The Louisiana Music And Heritage Experience Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), The Louisiana Music And Heritage Experience Inc's revenue has grown by 484.9%, moving from $221K to $1.3M. Total assets increased by 2340.8% over the same period, from $16K to $395K. Total functional expenses rose by 341%, from $241K to $1.1M. In its most recent filing year (2023), The Louisiana Music And Heritage Experience Inc reported a surplus of $228K, with revenue exceeding expenses. The organization holds $173K in liabilities against $395K in assets (debt-to-asset ratio: 43.8%), resulting in net assets of $222K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.1M | $395K | $173K | — | — |
| 2022 | $221K | $241K | $16K | $23K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Louisiana Music And Heritage Experience Inc:
Data Sources and Methodology
This transparency report for The Louisiana Music And Heritage Experience Inc 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.