Louisiana Cultural Economy Foundation
Nonprofit profile at a glance
- EIN
- 203598297
- IRS 990-EZ coverage
- 2020–2021
- Forms available
- Form 990 2019, Form 990-EZ 2021
- Location
- New Orleans, LA, USA
- Rating confidence
- Limited
- Sector
- Disaster Preparedness and Relief Services
Reported finances
- Revenue
- $0
- Expenses
- $14,431
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- MARK S BOUCREE (Vice President)
- AIMEE SMALLWOOD (CEO)
People named in this filing
- BILL HESS (Director)
- MARK S BOUCREE (Vice President)
- WAYNE BENJAMIN JR (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary mission of the Louisiana cultural economic foundation is to be a catalyst for the development and enhancement of the district cultural industries of Louisiana by promoting the economic health and quality of life of our cultural economic workforce.
What it reported doing in 2021
Lcef's healthcare initiative provides support to artists and creatives for their overall wellbeing by assisting them in sign up for the affordable care act and by connecting them to healthcare providers. Lcef also presents events throughout Louisiana that shed light on the need for smoke-free bars and clubs for musicians and workers
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -19.4% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: -1.4% per year; rating input score 0; 32nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 4 of 4 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2020 to 2021
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.