Backbeat Foundation Inc.

990EZ • Fiscal year 2016 • EIN 20-4703474

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 12, 2017

Organization Profile www.backbeatfoundation.org

1734 Oriole StreetNew Orleans, LA 70122

(504) 301-4602

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

-4.3%

Higher net margin than 32% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

-40%

Faster asset growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

3.8%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets56th percentile

Assets

Down

$6,308

Down $4,290 (-40%) from 2015

Net Assets

Down

$6,308

Down $4,290 (-40%) from 2015

Liabilities

Flat

Flat from 2015

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin32nd percentile

Revenue

$100,900

Up $3,661 (+3.8%) from 2015

Expenses

$105,190

Up $17,989 (+21%) from 2015

Net Income

Down

-$4,290

Down $14,328 (-143%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2016

Assets$6,308

Liabilities$0

Net Assets$6,308

Open 2016 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2016

Revenue$100,900

Expenses$105,190

Net Income-$4,290

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016
Signed: Oct 12, 2017
Return Version: 2016v3.0
Gross Receipts: $100,900

Mission and Program Overview

Mission

The Backbeat Foundation's mission is to foster support of the rich New Orleans cultural heritage through the presentation of innovative arts and music programming and community based events and projects. The Foundation provides resources and support to musicians living and working in New Orleans to help ensure that the musical community and legacy of New Orleans remains vibrant.

Program Services

Description	Grants	Expenses
Backbeat Jazzfest Series - Night concert series presenting local New Orleans Musicians during April and May. The 2016 series was the 11th year of what has become an annual series. Approximately 15,000 people attended the series and over 80 local musicians directly benefited from the project. This program is designed to showcase the talent of New Orleans/Louisiana artists.	$40,000	$38,500
EXPORT NOLA is a program of and presented by the Backbeat Foundation EXPORT NOLA is a showcase of diverse New Orleans music. EXPORT NOLA is presented at the premiere entertainment industry conferences in the United States, APAP and SXSW. EXPORT NOLA is programmed and designed to attract national and international talent buyers and arts presenters to discover the varied musical genres of New Orleans and Louisiana. EXPORT NOLA presents both established touring bands as well as emerging artists. EXPORT NOLA provides a branded platform for the showcasing of New Orleans music. Attendees know that the showcase will not be a random amalgamation of various artists but rather a New Orleans experience. EXPORT NOLA presents the gamut of New Orleans music including Jazz, Funk, Roots Rock, Zydeco, Mardi Gras Indian, Brass Band and Blues. Audience members have called EXPORT NOLA "a jazzfest teaser" due to the varied menu of music offered.	$35,000	$32,250
Garden Party NOLA is a series of free concerts held at the New Orleans Botanical Gardens. The general public is invited to attend. Approximately 600 people attend each concert. The artists selected to perform are New Orleans based musicians	$25,000	$21,000

Compensation and Service Providers

Top Officer Pay75th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Donna Santiago	President/Executive Director	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Backbeat Foundation Inc
EIN: 20-4703474
Phone: 5043014602
Address: 1734 Oriole Street, New Orleans, LA 70122

Signing Officer

Name: Donna Santiago
Title: President
Phone: 5043014602
Signed: 2017-10-12

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Permits and Insurance”

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $6,308
Liabilities: $0
Net assets: $6,308
Revenue: $100,900
Expenses: $105,190
Net income: -$4,290

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.12	$0.00	$0.12	$0.50	$0.59	$0.10
2023Detailed filing. Detailed filing data is available for this year.	$0.21	$0.00	$0.21	$0.25	$0.42	$0.16
2022Detailed filing. Detailed filing data is available for this year.	$0.38	$0.00	$0.38	$0.59	$0.89	$0.29
2021Detailed filing. Detailed filing data is available for this year.	$0.67	$0.00	$0.67	$0.81	$0.18	$0.63
2020Detailed filing. Detailed filing data is available for this year.	$0.04	$0.00	$0.04	$0.28	$0.30	$0.02
2019Detailed filing. Detailed filing data is available for this year.	$0.07	$0.00	$0.07	$1.20	$1.20	$0.00
2018Detailed filing. Detailed filing data is available for this year.	$0.07	$0.00	$0.07	$1.45	$1.43	$0.02
2017Detailed filing. Detailed filing data is available for this year.	$0.05	$0.00	$0.05	$1.15	$1.16	$0.01
2016Detailed filing. Detailed filing data is available for this year.	$0.06	$0.00	$0.06	$1.01	$1.05	$0.04
2015Detailed filing. Detailed filing data is available for this year.	$0.11	$0.00	$0.11	$0.97	$0.87	$0.10
2014Detailed filing. Detailed filing data is available for this year.	$0.01	$0.00	$0.01	$0.83	$0.86	$0.03
2013Detailed filing. Detailed filing data is available for this year.	$0.04	$0.00	$0.04	$2.05	$2.05	$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.04	$0.00	$0.04	$1.92	$2.00	$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.13	$0.00	$0.13		$2.71
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.17	$0.00	$0.17	$1.47	$1.39	$0.08