Civic Intelligence

Press Street

990 • Fiscal year 2014 • EIN 20-5154240

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 12, 2015

Organization Profilepress-street.org
3718 St Claude AveNew Orleans, LA 70117

(504) 298-3161

Siviq Scores

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

Liabilities / Assets

91st percentile

0.70x

Higher debt load relative to assets than 91% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

82nd percentile

27%

Higher net margin than 82% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

84th percentile

$25,132

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

97th percentile

389%

Faster asset growth than 97% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

94th percentile

121%

Faster revenue growth than 94% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$93,604

Up $74,445 (+389%) from 2013

Net Assets

Up

$28,185

Up $9,026 (+47%) from 2013

Liabilities

Up

$65,419

Up $65,419 from 2013

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin82nd percentile

Revenue

Up

$306,020

Up $167,366 (+121%) from 2013

Expenses

Up

$224,650

Up $78,469 (+54%) from 2013

Net Income

Up

$81,370

Up $88,897 (+1181%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $34,109Liabilities 2011: $0Net Assets 2011: $34,1092011Assets 2012: $26,686Liabilities 2012: $0Net Assets 2012: $26,6862012Assets 2013: $19,159Liabilities 2013: $0Net Assets 2013: $19,1592013Assets 2014: $93,604Liabilities 2014: $65,419Net Assets 2014: $28,1852014Assets 2015: $165,079Liabilities 2015: $74,195Net Assets 2015: $90,8842015Assets 2016: $170,063Liabilities 2016: $82,139Net Assets 2016: $87,9242016Assets 2017: $239,963Liabilities 2017: $82,148Net Assets 2017: $157,8152017Assets 2018: $518,567Liabilities 2018: $171,474Net Assets 2018: $347,0932018Assets 2019: $403,711Liabilities 2019: $12,145Net Assets 2019: $391,5662019Assets 2020: $943,894Liabilities 2020: $73,237Net Assets 2020: $870,6572020Assets 2021: $1,128,807Liabilities 2021: $500,000Net Assets 2021: $628,8072021Assets 2022: $1,237,070Liabilities 2022: $433,559Net Assets 2022: $803,5112022Assets 2023: $1,069,831Liabilities 2023: $889,950Net Assets 2023: $179,8812023

Highlighted filing

2014

Assets$93,604
Liabilities$65,419
Net Assets$28,185
Open 2014 Filing

Operations Trend

Revenue Growth94th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $115,310Expenses 2011: $90,969Net Income 2011: $24,3412011Revenue 2012: $42,291Expenses 2012: $49,714Net Income 2012: -$7,4232012Revenue 2013: $138,654Expenses 2013: $146,181Net Income 2013: -$7,5272013Revenue 2014: $306,020Expenses 2014: $224,650Net Income 2014: $81,3702014Revenue 2015: $263,603Expenses 2015: $200,904Net Income 2015: $62,6992015Revenue 2016: $272,893Expenses 2016: $277,219Net Income 2016: -$4,3262016Revenue 2017: $526,026Expenses 2017: $456,135Net Income 2017: $69,8912017Revenue 2018: $873,454Expenses 2018: $850,816Net Income 2018: $22,6382018Revenue 2019: $1,432,121Expenses 2019: $1,387,648Net Income 2019: $44,4732019Revenue 2020: $2,054,747Expenses 2020: $1,523,034Net Income 2020: $531,7132020Revenue 2021: $1,206,198Expenses 2021: $1,457,804Net Income 2021: -$251,6062021Revenue 2022: $1,471,249Expenses 2022: $1,669,120Net Income 2022: -$197,8712022Revenue 2023: $473,482Expenses 2023: $583,557Net Income 2023: -$110,0752023

Highlighted filing

2014

Revenue$306,020
Expenses$224,650
Net Income$81,370
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 12, 2015
Return Version
2014v5.0
Gross Receipts
$307,514
Mission and Program Overview

Mission

Press Street is committed to being a vital participant in the life of New Orleans by creating and supporting artist and writer driven programs including exhibitions, events, publicaitons, and arts education.

To support and encourage art and literature in the New Orleans community through exhibitions, events, publications, and arts education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$81,370-
Cash and Non-Interest-Bearing Accounts$12,234$12,234→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$12,234$93,604▲ $81,370
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$0$65,419▲ $65,419
Accounts Payable and Accrued Expenses$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$65,419▲ $65,419
Net Assets / Fund Balance
Unrestricted Net Assets$12,234$28,185▲ $15,951
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$12,234$28,185▲ $15,951
Total Liabilities and Net Assets / Fund Balance$12,234$93,604▲ $81,370
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Doug KellerEducation DirectorFT$25,132$25,132
Gracie GoodrichDevelopment DirectorFT$16,373$16,373
Robert SneadExecutive DirectorPT$3,391$3,391
Eliza WalkerEducation AssistantPT$1,637$1,637
Ashley TeamerProgram CoordinatorPT$1,284$1,284

Board Members and Trustees

NameTitle
Anne GislesonBoard President
Wayne AmedeeBoard Co-Vice President
Adam FeibelmanCo-Vice President: Governance Chair
Susan GislesonBoard Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$295,753
Program Service Revenue
$3,888
Investment Income
$0
Other Revenue
$6,379
All Other Contributions
$275,714
Change in Net Assets
$81,370
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$95,036
Salaries, Compensation, and Employee Benefits$69,747
Grants and Similar Amounts Paid$59,867
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$26,368$23,647$0$50,015
Grants to Domestic Individuals$31,012--$31,012
Grants to Domestic Orgs$28,855--$28,855
Occupancy$0$17,742$0$17,742
Payroll Taxes$10,330$3,748-$14,078
Advertising$0$5,984$0$5,984
Other Employee Benefits$0$5,654$0$5,654
Travel$0$2,941$0$2,941
Other Expenses$2,055$0$0$2,055
Conferences and Meetings$0$750$0$750
Office Expenses$0$454$0$454
Insurance$0$425$0$425
Fees for Services Accounting$0$35$0$35
Total Functional Expenses$161,664$62,986$0$224,650
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
May GalleryNew Orleans, LA-To support educational and artistic programs of start-up arts organization.$25,460
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,071
Fundraising Direct Expenses$1,494
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Anne Gisleson, board president and Susan Gisleson, board secretary, are sisters.”

Form 990, Part VI, Section B, Line 11B

“The Executive Director fills out the 990 and the finance committee of the board reviews and approves.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest policy is monitor and enacted during regular board meetings where required by the chair of the Governance Committee chair.”

Form 990, Part VI, Section C, Line 19

“Governing documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Press Street
EIN
20-5154240
Phone
5042983161
Address
3718 St Claude Ave, New Orleans, LA 70117

Signing Officer

Name
Robert Snead
Title
Executive Director
Phone
8437144088
Signed
2015-06-12

Organization Details

Principal Officer
Robert Snead
Formed
2006
Legal Domicile
La
Voting Board Members
4
Independent Board Members
4
Employees
5
Volunteers
19
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Funds granted to Press Street by Andy Warhol Foundation, dedicated to a granting program to be distributed in 2015”

Raw XML AppendixShowing 400 of 653 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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IRS990/Form990PartVIISectionAGrp/TitleTxt2Co-Vice President: Governance Chair
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IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt02130
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To support and encourage art and literature in the New Orleans community through exhibitions, events, publications, and arts education.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
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IRS990/NetAssetsOrFundBalancesBOYAmt012234
IRS990/NetAssetsOrFundBalancesEOYAmt028185
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt01577
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt01577
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IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt04802
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04802
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IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
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IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt017742
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0454
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0454
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-65419
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05654
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05654
IRS990/OtherExpensesGrp/Desc0Antenna Gallery Exhibition expenses
IRS990/OtherExpensesGrp/Desc1Drawathon Program Expenses
IRS990/OtherExpensesGrp/Desc2Postage and Delivery
IRS990/OtherExpensesGrp/Desc3Big Class educational expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21606
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt054067
IRS990/OtherExpensesGrp/ProgramServicesAmt18977
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt32055
IRS990/OtherExpensesGrp/TotalAmt054067
IRS990/OtherExpensesGrp/TotalAmt18977
IRS990/OtherExpensesGrp/TotalAmt21606
IRS990/OtherExpensesGrp/TotalAmt32055
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IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03748
IRS990/PayrollTaxesGrp/ProgramServicesAmt010330
IRS990/PayrollTaxesGrp/TotalAmt014078
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
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IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Robert Snead
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IRS990/ProgramServiceRevenueGrp/BusinessCd2711510
IRS990/ProgramServiceRevenueGrp/Desc0Printing for other non-profits
IRS990/ProgramServiceRevenueGrp/Desc1Book Sales from programs
IRS990/ProgramServiceRevenueGrp/Desc2Art Sales to benefit Press Street
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11133
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21864
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11133
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21864
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0Press Street's Room 220 develops an extensive online literary journal, and hosts live reading events featuring the work of local, national, and international writers.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt09203
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01500
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04861
IRS990/ProgSrvcAccomActy3Grp/Desc0Press Street's Big Class education program runs a writing studio on the first floor of Press Street HQ building at 3718 St. Claude Avenue in the Upper 9th Ward/Bywater neighborhood which hosts free tutoring and homework help, as well as creative workshops. Big Class also works with schools and teachers to enrich student writing experiences through publishing and volunteer support. In 2014, Big Class worked with over 1200 youth in New Orleans Public Schools.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt041079
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt046678
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other Educational Workshops and Draw-a-thon: A free 24 hour education drawing event with artists hosting open community workshops. Drawathon has approximately 1500 attendees during the once a year event.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt08977
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt08778
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IRS990/PYOtherRevenueAmt06674
IRS990/PYProgramServiceRevenueAmt09688

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$93,604
Liabilities
$65,419
Net assets
$28,185
Revenue
$306,020
Expenses
$224,650
Net income
$81,370
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.07$0.89$0.18$0.47$0.58$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.24$0.43$0.80$1.47$1.67$0.20
2021Detailed filing. Detailed filing data is available for this year.$1.13$0.50$0.63$1.21$1.46$0.25
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.07$0.87$2.05$1.52$0.53
2019Detailed filing. Detailed filing data is available for this year.$0.40$0.01$0.39$1.43$1.39$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.17$0.35$0.87$0.85$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.08$0.16$0.53$0.46$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.08$0.09$0.27$0.28$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.07$0.09$0.26$0.20$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.07$0.03$0.31$0.22$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.14$0.15$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.04$0.05$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.12$0.09$0.02