Civic Intelligence

Threadhead Cultural Foundation

990EZ • Fiscal year 2020 • EIN 26-4543585

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 25, 2021

Organization ProfileN/A

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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 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

36th percentile

-2.7%

Higher net margin than 36% 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

38th percentile

-1.9%

Faster asset growth than 38% of similar nonprofits.

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

Revenue Growth

60th percentile

-4.2%

Faster revenue growth than 60% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$101,730

Down $1,982 (-1.9%) from 2019

Net Assets

Down

$101,730

Down $1,982 (-1.9%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin36th percentile

Revenue

Down

$73,905

Down $3,236 (-4.2%) from 2019

Expenses

Up

$75,887

Up $15,355 (+25%) from 2019

Net Income

Down

-$1,982

Down $18,591 (-112%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth38th 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

2020

Assets$101,730
Liabilities-
Net Assets$101,730
Open 2020 Filing

Operations Trend

Revenue Growth60th 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

2020

Revenue$73,905
Expenses$75,887
Net Income-$1,982
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 25, 2021
Return Version
2020v4.1
Gross Receipts
$79,046
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.

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

Program Services

DescriptionGrantsExpenses
Granted money to various artists and organizations during the yearto encourage artistic growth and development amoung the community$61,374$61,374
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ken CryerPresident-$0--
Frank WillifordChairman Of The Board-$0--
Daniel J GriffinSecretary-$0--
Heather McCameyTreasurer-$0--
Paul CooperDirector-$0--
Gail LeistDirector-$0--
Jessica RosgaardDirector-$0--
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
Phone
2145578955
Signed
2021-10-25

Preparer

Firm
Hymel & Ready Apac
Address
9527 JEFFERSON HIGHWAY, RIVER RIDGE, LA 70123
Preparer
Aaron Ready
Phone
5045985253
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Musician Grants; Grant; Covid Relief: , , , ; , 14250.”

Form 990EZ, Part I, Line 10

“Musician Grant; Grant; Jamey St Pierre: , , , ; , 2125.”

Form 990EZ, Part I, Line 10

“Musician Grants; Grant; Upturn Arts: , , , ; , 4000.”

Form 990EZ, Part I, Line 10

“Musician Grants; Grants; Borealis Rex: , , , ; , 2942.”

Form 990EZ, Part I, Line 10

“Musician Grants; Grant; Craig Klein: , , , ; , 3460.”

Form 990EZ, Part I, Line 10

“Musician Grants; Grants; Dancing Grounds: 3705 St. Claude Ave, New Orleans, LA, 70117; None, 1500.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grants; Danny Barker Festival: 5724 Arts St, New Orleans, LA, 70122; None, 2000.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grant; Dinneral Shavers Educ Fund: PO Box 6832, New Orleans, LA, 70174; None, 1500.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grant; Keith Burnstein: , , , ; None, 600.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grant; Lulu and the Broadsides: PO Box 121, West Pawlet, VT, 05775; None, 3000.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grants; Lyrica Baroque: , , , ; None, 1050.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grant; M.I. Brary: , , , ; None, 1500.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grant; Make Music NOLA: 1010 Galvez St #C1, New Orleans, LA, 70119; None, 2000.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grant; Nightcrawlers: 5 Monplaiser Pl, New Orleans, LA, 70114; None, 4000.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grant; OffBeat: 421 Frenchman St Suite 200, New Orleans, LA, 70116; None, 2167.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grant; Save the Music Foundation: PO Box 2096, New York, NY, 10108; Grant, 6000.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grant; Tom Legget: , , , ; , 2000.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grant; Marc Stone: , , , ; , 1280.”

Form 990EZ, Part I, Line 10

“Artist Grants; Grant; Sascha Just: , , , ; , 6000.”

Form 990EZ, Part I, Line 16

“Bank Fees 1297.”

Form 990EZ, Part I, Line 16

“Information Technology 3293.”

Form 990EZ, Part I, Line 16

“Supplies 283.”

Form 990EZ, Part I, Line 16

“Gifts 109.”

Form 990EZ, Part I, Line 16

“Conference 37.”

Form 990EZ, Part I, Line 16

“Inventory Purchases 7195.”

Form 990EZ, Part I, Line 16

“Business Registration 35.”

Raw XML Appendix245 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/PersonNm5Gail Leist
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Jessica Rosgaard
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
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IRS990EZ/OtherExpensesTotalAmt012249
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0The objective and purpose of Threadhead Cultural Foundaiton is to preserve, promote, and disseminate the cultural heritage of New Orleans and the surrounding area of Louisiana through grants and assistance to musicians and culture beaers whose work is in this tradition.
IRS990EZ/PrintingPublicationsPostageAmt01664
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt08
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Musician Grants; Grant; Covid Relief: , , , ; , 14250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Musician Grant; Grant; Jamey St Pierre: , , , ; , 2125.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Musician Grants; Grant; Upturn Arts: , , , ; , 4000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Musician Grants; Grants; Borealis Rex: , , , ; , 2942.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Musician Grants; Grant; Craig Klein: , , , ; , 3460.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Musician Grants; Grants; Dancing Grounds: 3705 St. Claude Ave, New Orleans, LA, 70117; None, 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Artist Grants; Grants; Danny Barker Festival: 5724 Arts St, New Orleans, LA, 70122; None, 2000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Artist Grants; Grant; Dinneral Shavers Educ Fund: PO Box 6832, New Orleans, LA, 70174; None, 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Artist Grants; Grant; Keith Burnstein: , , , ; None, 600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Artist Grants; Grant; Lulu and the Broadsides: PO Box 121, West Pawlet, VT, 05775; None, 3000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Artist Grants; Grants; Lyrica Baroque: , , , ; None, 1050.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Artist Grants; Grant; M.I. Brary: , , , ; None, 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Artist Grants; Grant; Make Music NOLA: 1010 Galvez St #C1, New Orleans, LA, 70119; None, 2000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Artist Grants; Grant; Nightcrawlers: 5 Monplaiser Pl, New Orleans, LA, 70114; None, 4000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Artist Grants; Grant; OffBeat: 421 Frenchman St Suite 200, New Orleans, LA, 70116; None, 2167.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Artist Grants; Grant; Save the Music Foundation: PO Box 2096, New York, NY, 10108; Grant, 6000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Artist Grants; Grant; Tom Legget: , , , ; , 2000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Artist Grants; Grant; Marc Stone: , , , ; , 1280.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Artist Grants; Grant; Sascha Just: , , , ; , 6000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Bank Fees 1297.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Information Technology 3293.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Supplies 283.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Gifts 109.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23Conference 37.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24Inventory Purchases 7195.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25Business Registration 35.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Heather McCamey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02145578955
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-25
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/AddressLine1Txt09527 JEFFERSON HIGHWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RIVER RIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070123
ReturnHeader/PreparerPersonGrp/PhoneNum05045985253
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Aaron Ready
ReturnHeader/ReturnTs02021-11-11T14:04:44-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Heather
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0McCamey
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$101,730
Liabilities
-
Net assets
$101,730
Revenue
$73,905
Expenses
$75,887
Net income
-$1,982
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