Civic Intelligence

Threadhead Cultural Foundation

990EZ • Fiscal year 2019 • EIN 26-4543585

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

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 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

77th percentile

22%

Higher net margin than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

71st percentile

19%

Faster asset growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

75th percentile

24%

Faster revenue growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$103,712

Up $16,609 (+19%) from 2018

Net Assets

Up

$103,712

Up $16,609 (+19%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin77th percentile

Revenue

Up

$77,141

Up $15,180 (+24%) from 2018

Expenses

Up

$60,532

Up $690 (+1.2%) from 2018

Net Income

Up

$16,609

Up $14,490 (+684%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth71st 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 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

2019

Assets$103,712
Liabilities-
Net Assets$103,712
Open 2019 Filing

Operations Trend

Revenue Growth75th 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 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

2019

Revenue$77,141
Expenses$60,532
Net Income$16,609
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$114,775
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.$50,470$50,470
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.$4,595-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heather McCameyTreasurer-$0--
James K CryerPresident-$0--
Paul CooperDirector-$0--
Frank WillifordChairman-$0--
Gail LeistDirector-$0--
Jessica RosgaardDirector-$0--
Daniel GriffinSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Threadhead Patry$56,705$44,872$19,239$25,633
Total Events$56,705$44,872$35,789$9,083
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
Treasurer
Signed
2020-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Hymel & Ready apac
Address
900 Camp St Suite 452, New Orleans, LA 70130
Preparer
Aaron Ready
Phone
5045985245
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.53

“| Donee's Name: Save the Music Foundation | Donee's Address: PO Box 2096 New York NY 10108 | Cash Amount Given: $6000”

Other Expenses.1001

“Advertising and Promotion $125”

Other Expenses.1003

“Information Technology $2142”

Other Expenses.1

“Threadhead Thursday $4595”

Other Expenses.2

“Bank Fees $1188”

Other Expenses.3

“Other $466”

Other Expenses.6

“Business Registration $105”

Raw XML Appendix230 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/PersonNm0Heather McCamey
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt08621
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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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/PrintingPublicationsPostageAmt0267
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Granted money to various artists and organizations during the year to encourage artistic growth and development among the community.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Threadhead 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/GrantsAndAllocationsAmt050470
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt050470
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0thrfoundation.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt047369
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022299
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt043
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IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0400224
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/CharitableDistributionRqrInd0false
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt011833
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Threadhead Patry
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IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/StatesWhereGamingConductedCd0LA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Save the Music Foundation | Donee's Address: PO Box 2096 New York NY 10108 | Cash Amount Given: $6000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $2142
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Threadhead Thursday $4595
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Fees $1188
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Other $466
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Business Registration $105
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.53
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Heather McCamey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-13
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/PreparerFirmEIN0272658243
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Hymel & Ready apac
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0900 Camp St Suite 452
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Orleans
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070130
ReturnHeader/PreparerPersonGrp/PhoneNum05045985245
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Aaron Ready
ReturnHeader/ReturnTs02020-11-13T12:33:32-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$103,712
Liabilities
-
Net assets
$103,712
Revenue
$77,141
Expenses
$60,532
Net income
$16,609
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
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