Backbeat Foundation Inc.

990EZ • Fiscal year 2018 • EIN 20-4703474

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

1.2%

Higher net margin than 45% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

33%

Faster asset growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

26%

Faster revenue growth than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / Assets57th percentile

Assets

$6,841

Up $1,703 (+33%) from 2017

Net Assets

$6,841

Up $1,703 (+33%) from 2017

Liabilities

Flat

Flat from 2017

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin45th percentile

Revenue

$144,697

Up $29,747 (+26%) from 2017

Expenses

$142,994

Up $26,874 (+23%) from 2017

Net Income

$1,703

Up $2,873 (+246%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

Highlighted filing

2018

Assets$6,841

Liabilities$0

Net Assets$6,841

Open 2018 Filing

Operations Trend

Revenue Growth76th percentile

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

Highlighted filing

2018

Revenue$144,697

Expenses$142,994

Net Income$1,703

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018
Signed: Nov 5, 2019
Return Version: 2018v3.0
Gross Receipts: $144,697

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.	$9,500	$62,000
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	$30,000
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	$25,000

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: 2019-11-05

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ReturnHeader/BuildTS	0	2020-01-14 16:20:31Z
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $6,841
Liabilities: $0
Net assets: $6,841
Revenue: $144,697
Expenses: $142,994
Net income: $1,703

	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