Backbeat Foundation Inc.

990EZ • Fiscal year 2017 • EIN 20-4703474

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 07, 2018

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-1.0%

Higher net margin than 38% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-19%

Faster asset growth than 21% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

14%

Faster revenue growth than 67% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets56th percentile

Assets

Down

$5,138

Down $1,170 (-19%) from 2016

Net Assets

Down

$5,138

Down $1,170 (-19%) from 2016

Liabilities

Flat

Flat from 2016

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin38th percentile

Revenue

$114,950

Up $14,050 (+14%) from 2016

Expenses

$116,120

Up $10,930 (+10%) from 2016

Net Income

-$1,170

Up $3,120 (+73%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

Highlighted filing

2017

Assets$5,138

Liabilities$0

Net Assets$5,138

Open 2017 Filing

Operations Trend

Revenue Growth67th percentile

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

Highlighted filing

2017

Revenue$114,950

Expenses$116,120

Net Income-$1,170

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Nov 7, 2018
Return Version: 2017v2.0
Gross Receipts: $114,950

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.	$0	$40,000
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.	$10,000	$34,000
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	$0	$24,000

Compensation and Service Providers

Top Officer Pay76th 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: 2018-11-07

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Insurance 2500, permits 400, travel 2450, professional association fees 2100, advertising 3100”

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ReturnHeader/BuildTS	0	2019-02-21 02:37:17Z
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ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	LA
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ReturnHeader/ReturnTs	0	2018-11-07T11:37:57-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $5,138
Liabilities: $0
Net assets: $5,138
Revenue: $114,950
Expenses: $116,120
Net income: -$1,170

	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