Civic Intelligence

Threadhead Cultural Foundation

990EZ • Fiscal year 2016 • EIN 26-4543585

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

Organization Profilethrfoundation.com

Refreshing map…

128 Sherwood Forest DriveNew Orleans, LA 70119

(214) 557-8955

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

27th percentile

-7.0%

Higher net margin than 27% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

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

Asset Growth

37th percentile

-4.3%

Faster asset growth than 37% of similar nonprofits.

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

Revenue Growth

25th percentile

-19%

Faster revenue growth than 25% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$66,905

Down $3,040 (-4.3%) from 2015

Net Assets

Down

$66,905

Down $3,040 (-4.3%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin27th percentile

Revenue

Down

$43,294

Down $10,361 (-19%) from 2015

Expenses

Down

$46,334

Down $3,007 (-6.1%) from 2015

Net Income

Down

-$3,040

Down $7,354 (-170%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$300K$200K$100K$0Assets 2010: $10,688Net Assets 2010: $10,6882010Assets 2013: $68,573Net Assets 2013: $68,5732013Assets 2014: $65,631Net Assets 2014: $65,6312014Assets 2015: $69,945Net Assets 2015: $69,9452015Assets 2016: $66,905Net Assets 2016: $66,9052016Assets 2017: $84,984Net Assets 2017: $84,9842017Assets 2018: $87,103Net Assets 2018: $87,1032018Assets 2019: $103,712Net Assets 2019: $103,7122019Assets 2020: $101,730Net Assets 2020: $101,7302020Assets 2021: $159,634Net Assets 2021: $159,6342021Assets 2022: $191,327Liabilities 2022: $0Net Assets 2022: $191,3272022Assets 2024: $213,056Net Assets 2024: $213,0562024

Highlighted filing

2016

Assets$66,905
Liabilities-
Net Assets$66,905
Open 2016 Filing

Operations Trend

Revenue Growth25th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $88,329Expenses 2010: $90,475Net Income 2010: -$2,1462010Revenue 2013: $37,911Expenses 2013: $51,370Net Income 2013: -$13,4592013Revenue 2014: $50,099Expenses 2014: $53,041Net Income 2014: -$2,9422014Revenue 2015: $53,655Expenses 2015: $49,341Net Income 2015: $4,3142015Revenue 2016: $43,294Expenses 2016: $46,334Net Income 2016: -$3,0402016Revenue 2017: $59,157Expenses 2017: $41,078Net Income 2017: $18,0792017Revenue 2018: $61,961Expenses 2018: $59,842Net Income 2018: $2,1192018Revenue 2019: $77,141Expenses 2019: $60,532Net Income 2019: $16,6092019Revenue 2020: $73,905Expenses 2020: $75,887Net Income 2020: -$1,9822020Revenue 2021: $111,585Expenses 2021: $53,681Net Income 2021: $57,9042021Revenue 2022: $148,599Expenses 2022: $116,906Net Income 2022: $31,6932022Revenue 2024: $140,693Expenses 2024: $139,271Net Income 2024: $1,4222024

Highlighted filing

2016

Revenue$43,294
Expenses$46,334
Net Income-$3,040
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$73,368
Mission and Program Overview

Mission

The objective and purpose of Threadhead Cultural Foundation is to preserve, promote, and disseminate the cultural heritage of New Orleans and the surrounding area of Louisiana through grants and assistance to musicians whose music is in this tradition.

Program Services

DescriptionGrantsExpenses
Granted money to various artists and organizations during the year to encourage artistic growth and development among the community.$38,953-
Threadhead Thursday is an event at City Park for local residents and visitors to New Orleans to enjoy a free concert on the eve of Jazz Fest.$2,533-
Fest4Kidz provides disadvantaged kids with a day at Jazz Fest to provide an opportunity to become interested in music.--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heather McCameyPresident-$0--
Ken CryerVice President-$0--
Paul CooperDirector-$0--
Frank WillifordTreasurer-$0--
Gail LeistDirector-$0--
Wynn KapitDirector-$0--
Daniel GriffinSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Threadhead Patry$31,393$31,393$740$30,653
Total Events$31,393$31,393$27,965$3,428
Filing and Contact Details

Filer

Filer Name
Threadhead Cultural Foundation
EIN
26-4543585
Phone
2145578955
Address
128 Sherwood Forest Drive, New Orleans, LA 70119

Signing Officer

Name
Heather McCamey
Title
President
Signed
2017-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Hymel & Ready apac
Address
1100 Poydras Street Suite 2510, New Orleans, LA 70163
Preparer
Aaron Ready
Phone
5045985245
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $213”

Other Expenses.1003

“Information Technology $1803”

Other Expenses.1

“Youth Programs $5281”

Other Expenses.2

“Threadhead Thursday $2533”

Other Expenses.3

“Bank Fees $832”

Other Expenses.4

“Other $630”

Other Expenses.6

“Business Registration $60”

Raw XML Appendix228 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OtherExpensesTotalAmt011352
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The objective and purpose of Threadhead Cultural Foundation is to preserve, promote, and disseminate the cultural heritage of New Orleans and the surrounding area of Louisiana through grants and assistance to musicians whose music is in this tradition.
IRS990EZ/PrintingPublicationsPostageAmt0133
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Granted money to various artists and organizations during the year to encourage artistic growth and development among the community.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Fest4Kidz provides disadvantaged kids with a day at Jazz Fest to provide an opportunity to become interested in music.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Threadhead Thursday is an event at City Park for local residents and visitors to New Orleans to enjoy a free concert on the eve of Jazz Fest.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt038953
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0thrfoundation.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0334771
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleG/CharitableDistributionRqrInd0false
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IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
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IRS990ScheduleG/StatesWhereGamingConductedCd0MS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $213
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $1803
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Youth Programs $5281
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Threadhead Thursday $2533
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Fees $832
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Other $630
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Business Registration $60
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Heather McCamey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Threadhead Cultural Foundation
ReturnHeader/Filer/BusinessNameControlTxt0THRE
ReturnHeader/Filer/EIN0264543585
ReturnHeader/Filer/PhoneNum02145578955
ReturnHeader/Filer/USAddress/AddressLine1Txt0128 Sherwood Forest Drive
ReturnHeader/Filer/USAddress/CityNm0New Orleans
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070119
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Hymel & Ready apac
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01100 Poydras Street Suite 2510
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Orleans
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070163
ReturnHeader/PreparerPersonGrp/PhoneNum05045985245
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Aaron Ready
ReturnHeader/ReturnTs02017-05-15T08:12:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$66,905
Liabilities
-
Net assets
$66,905
Revenue
$43,294
Expenses
$46,334
Net income
-$3,040
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.13$2.13$1.41$1.39$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$1.49$1.17$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$1.60$1.12$0.54$0.58
2020Detailed filing. Detailed filing data is available for this year.$1.02$1.02$0.74$0.76$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.04$1.04$0.77$0.61$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.87$0.62$0.60$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.85$0.59$0.41$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.67$0.67$0.43$0.46$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.70$0.54$0.49$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.66$0.50$0.53$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.69$0.69$0.38$0.51$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.11$0.88$0.90$0.02