Civic Intelligence

Press Street

990 • Fiscal year 2016 • EIN 20-5154240

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 27, 2017

Organization Profilewww.antenna.works
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

89th percentile

0.48x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

0.30x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

37th percentile

-1.6%

Higher net margin than 37% of similar nonprofits.

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

Top Officer Pay

87th percentile

$31,811

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

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

Asset Growth

53rd percentile

3.0%

Faster asset growth than 53% of similar nonprofits.

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

Revenue Growth

55th percentile

3.5%

Faster revenue growth than 55% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$170,063

Up $4,984 (+3.0%) from 2015

Net Assets

Down

$87,924

Down $2,960 (-3.3%) from 2015

Liabilities

Up

$82,139

Up $7,944 (+11%) from 2015

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin37th percentile

Revenue

Up

$272,893

Up $9,290 (+3.5%) from 2015

Expenses

Up

$277,219

Up $76,315 (+38%) from 2015

Net Income

Down

-$4,326

Down $67,025 (-107%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth53rd 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

2016

Assets$170,063
Liabilities$82,139
Net Assets$87,924
Open 2016 Filing

Operations Trend

Revenue Growth55th 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

2016

Revenue$272,893
Expenses$277,219
Net Income-$4,326
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 27, 2017
Return Version
2016v3.0
Gross Receipts
$273,760
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.

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, publications, and arts education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$117,266$139,872▲ $22,606
Cash and Non-Interest-Bearing Accounts$57,122$30,191▼ $26,931
Accounts Receivable$0--
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Intangible Assets$0--
Inventories for Sale or Use$0--
Loans From Officers Directors$0--
Prepaid Expenses and Deferred Charges$0--
Total Assets$174,388$170,063▼ $4,325
Other Assets Total$0--
Liabilities
Grants Payable$74,195$82,139▲ $7,944
Accounts Payable and Accrued Expenses$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$74,195$82,139▲ $7,944
Net Assets / Fund Balance
Temporarily Rstr Net Assets$47,000$60,000▲ $13,000
Unrestricted Net Assets$53,193$27,924▼ $25,269
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$100,193$87,924▼ $12,269
Total Liabilities and Net Assets / Fund Balance$174,388$170,063▼ $4,325
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Robert SneadExecutive DirectorFT$31,811$31,811

Board Members and Trustees

NameTitle
Susan GislesonBoard President
Adam FeibelmanVice President: Governance Chair
Wayne AmedeeBoard Secretary
Anne GislesonBoard Treasurer
Jessican KinnisonBoardmember
Robin LevyBoardmember
Ron BechetBoardmember
Revenue and Support

Revenue Composition

Contributions and Grants
$232,156
Program Service Revenue
$38,433
Investment Income
$505
Other Revenue
$1,799
All Other Contributions
$213,572
Change in Net Assets
$-4,326
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$98,248
Salaries, Compensation, and Employee Benefits$96,532
Other Expenses$82,439
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$89,935--$89,935
Other Salaries and Wages$36,550$8,548$0$45,098
Current Officers, Directors, Trustees, and Key Employees$0$31,811$0$31,811
Occupancy$0$20,536$0$20,536
Payroll Taxes$0$19,623$0$19,623
Advertising$18,113$0$0$18,113
Fees for Services Other$10,000$2,564$0$12,564
Travel$10,873$0$0$10,873
Grants to Domestic Orgs$8,313--$8,313
Other Expenses$5,274$0$0$5,274
Fees for Services Management-$3,564-$3,564
Insurance$0$1,069$0$1,069
Fees for Services Accounting-$838-$838
Office Expenses$0$758$0$758
Total Functional Expenses$187,908$89,311$0$277,219
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ParseNew Orleans, LA-Parse received grants to support their work as a New Orleans-based residency for curatorial programs and exhibitions.$5,694
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,666
Fundraising Direct Expenses$867
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--
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$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

“Board President Susan Gisleson and Board Treasurer Anne Gisleson are sisters. They both voluntarily left the Board at the beginning of 2017 at part of a planned board transition.”

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

“The Executive Director completes the 990 and submits it to the board for review.”

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

“Conflict of interest policy is monitored and enacted during regular board meetings at the request other board members of the Executive Director.”

Form 990, Part VI, Section C, Line 19

“All organizational governing documents are made available to the public 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
Doing Business As
Antenna

Signing Officer

Name
Robert Snead
Title
Executive Director
Phone
5042983161
Signed
2017-10-27

Organization Details

Principal Officer
Robert Snead
Formed
2006
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
40
Raw XML AppendixShowing 400 of 599 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.

Path#Value
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt020536
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt020536
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0758
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0758
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Shipping
IRS990/OtherExpensesGrp/Desc1Production & Gallery Supplies
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt08850
IRS990/OtherExpensesGrp/ProgramServicesAmt15274
IRS990/OtherExpensesGrp/TotalAmt08850
IRS990/OtherExpensesGrp/TotalAmt15274
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08548
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt036550
IRS990/OtherSalariesAndWagesGrp/TotalAmt045098
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019623
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt019623
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrincipalOfficerNm0Robert Snead
IRS990/PriorPeriodAdjustmentsAmt0-7943
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Press Street's Platforms Fund is a re-granting program operated in conjunction with the Warhol Foundation for the Visual Arts's regional re-granting network initiative. It presents the opportunity for local artists, collectives, and cultural organizers to apply for up to $5,000 in funding for support of independent artistic initiatives in and around New Orleans. Program benefits approximately 50 artists each years as well as the audiences they serve.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt057879
IRS990/ProgSrvcAccomActy2Grp/GrantAmt048360
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0100000
IRS990/ProgSrvcAccomActy3Grp/Desc0The Draw-a-thon, which is the only event of its kind in the city of New Orleans, is an art experience in which people are active participants- not spectators; where the entire premise is to encourage creating for the sake of creating. It is an all-ages, free arts education event that is open to the public with all art materials provided. Serves 1500 annually.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt09536
IRS990/ProgSrvcAccomActy3Grp/GrantAmt05010
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt022322
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Blights Out isis a collective of citizens, artists, activists, and architects daring to design a new arts-based model for development that challenges blight, displacement, and gentrification.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt032082
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt03567
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt033718
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0253496
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt031186
IRS990/PYInvestmentIncomeAmt0245
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt092116
IRS990/PYOtherRevenueAmt09862
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt062699
IRS990/PYSalariesCompEmpBnftPaidAmt077602
IRS990/PYTotalExpensesAmt0200904
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0263603
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-4326
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
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IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt076994
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0117266
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0139872
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0230374
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0264176
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0297247
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0128001
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt040692
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0960490
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0751
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt024497
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08489

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$170,063
Liabilities
$82,139
Net assets
$87,924
Revenue
$272,893
Expenses
$277,219
Net income
-$4,326
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