Civic Intelligence

Backbeat Foundation Inc.

990EZ • Fiscal year 2020 • EIN 20-4703474

Jan 01, 2020 to Dec 31, 2020 • Filed on May 06, 2021

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.

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

29th percentile

-8.6%

Higher net margin than 29% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

12th percentile

-35%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-77%

Faster revenue growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$4,478

Down $2,406 (-35%) from 2019

Net Assets

Down

$4,478

Down $2,406 (-35%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$27,885

Down $92,126 (-77%) from 2019

Expenses

Down

$30,291

Down $89,677 (-75%) from 2019

Net Income

Down

-$2,406

Down $2,449 (-5695%) from 2019

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2010: $16,752Liabilities 2010: $0Net Assets 2010: $16,7522010Assets 2011: $12,719Liabilities 2011: $0Net Assets 2011: $12,7192011Assets 2012: $4,330Liabilities 2012: $0Net Assets 2012: $4,3302012Assets 2013: $3,860Liabilities 2013: $0Net Assets 2013: $3,8602013Assets 2014: $560Liabilities 2014: $0Net Assets 2014: $5602014Assets 2015: $10,598Liabilities 2015: $0Net Assets 2015: $10,5982015Assets 2016: $6,308Liabilities 2016: $0Net Assets 2016: $6,3082016Assets 2017: $5,138Liabilities 2017: $0Net Assets 2017: $5,1382017Assets 2018: $6,841Liabilities 2018: $0Net Assets 2018: $6,8412018Assets 2019: $6,884Liabilities 2019: $0Net Assets 2019: $6,8842019Assets 2020: $4,478Liabilities 2020: $0Net Assets 2020: $4,4782020Assets 2021: $67,163Liabilities 2021: $0Net Assets 2021: $67,1632021Assets 2022: $37,816Liabilities 2022: $0Net Assets 2022: $37,8162022Assets 2023: $21,330Liabilities 2023: $0Net Assets 2023: $21,3302023Assets 2024: $11,630Liabilities 2024: $0Net Assets 2024: $11,6302024

Highlighted filing

2020

Assets$4,478
Liabilities$0
Net Assets$4,478

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $146,781Expenses 2010: $138,775Net Income 2010: $8,0062010Expenses 2011: $271,3652011Revenue 2012: $191,500Expenses 2012: $199,890Net Income 2012: -$8,3902012Revenue 2013: $205,000Expenses 2013: $205,470Net Income 2013: -$4702013Revenue 2014: $83,000Expenses 2014: $86,300Net Income 2014: -$3,3002014Revenue 2015: $97,239Expenses 2015: $87,201Net Income 2015: $10,0382015Revenue 2016: $100,900Expenses 2016: $105,190Net Income 2016: -$4,2902016Revenue 2017: $114,950Expenses 2017: $116,120Net Income 2017: -$1,1702017Revenue 2018: $144,697Expenses 2018: $142,994Net Income 2018: $1,7032018Revenue 2019: $120,011Expenses 2019: $119,968Net Income 2019: $432019Revenue 2020: $27,885Expenses 2020: $30,291Net Income 2020: -$2,4062020Revenue 2021: $81,007Expenses 2021: $18,322Net Income 2021: $62,6852021Revenue 2022: $59,313Expenses 2022: $88,660Net Income 2022: -$29,3472022Revenue 2023: $25,242Expenses 2023: $41,728Net Income 2023: -$16,4862023Revenue 2024: $49,512Expenses 2024: $59,212Net Income 2024: -$9,7002024

Highlighted filing

2020

Revenue$27,885
Expenses$30,291
Net Income-$2,406
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 6, 2021
Return Version
2020v4.0
Gross Receipts
$27,885
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

DescriptionGrantsExpenses
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.$1,500$9,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donna SantiagoPresident/Executive Director-$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
2021-05-06
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

credit card transaction fees and ticket sales processing fees, city permit fees,

Raw XML Appendix210 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0credit card transaction fees and ticket sales processing fees, city permit fees,
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
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ReturnHeader/Filer/EIN0204703474
ReturnHeader/Filer/PhoneNum05043014602
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ReturnHeader/ReturnTs02021-05-06T15:27:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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