Civic Intelligence

Threadhead Cultural Foundation

990EZ • Fiscal year 2021 • EIN 26-4543585

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

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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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

87th percentile

52%

Higher net margin than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

82nd percentile

57%

Faster asset growth than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

51%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$159,634

Up $57,904 (+57%) from 2020

Net Assets

Up

$159,634

Up $57,904 (+57%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$111,585

Up $37,680 (+51%) from 2020

Expenses

Down

$53,681

Down $22,206 (-29%) from 2020

Net Income

Up

$57,904

Up $59,886 (+3021%) from 2020

Historical Trend

Balance Sheet Trend

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

2021

Assets$159,634
Liabilities-
Net Assets$159,634

Operations Trend

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

2021

Revenue$111,585
Expenses$53,681
Net Income$57,904
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.1
Gross Receipts
$113,037
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$46,138$50,636
Compensation and Service Providers

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
2022-11-11

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; Craig Klein: 1412 Mason Smith AVe, , , 70003; , 540.

Form 990EZ, Part I, Line 10

Musician Grant; Grant; New Orleans Jazz Museum: 1000 Bourbon St #B429, New Orleans, LA, 70116; None, 1000.

Form 990EZ, Part I, Line 10

Musician Grant; Grant; Tom Leggett: 1870 Mirabeau Ave, New Orleans, LA, 70122; , 500.

Form 990EZ, Part I, Line 10

Musician Grants; Grant; Andre Bohren: 324 S. Lopez, New Orleans, LA, 70119; , 2896.

Form 990EZ, Part I, Line 10

Musician Grants; Grant; Brandy Walker: PO Box 3967, New Orleans, LA, 70117; , 3000.

Form 990EZ, Part I, Line 10

Musician Grants; Grant; Calvin Johnson: 1936 Bartholomew St, New Orleans, LA, 70117; , 3914.

Form 990EZ, Part I, Line 10

Musician Grants; Grants; Danny Barker Festival Inc: 5724 Arts St, New Orleans, LA, 70122; None, 2000.

Form 990EZ, Part I, Line 10

Musician Grants; Grant; Egg Yolk Jubilee: 4211 Ottawa St, Metaire, LA, 70001; None, 5000.

Form 990EZ, Part I, Line 10

Musician Grant; Grant; John Davis: 150 Clinton St, Apt 1A, Brooklyn, NY, 11201; , 3318.

Form 990EZ, Part I, Line 10

Musician Grants; Grants; Lyrica Baroque: PO Box 750524, New Orleans, LA, 70175; , 2500.

Form 990EZ, Part I, Line 10

Musician Grants; Granst; Make Music NOLA: 1010 Galvez St Unit #C1, New Orleans, LA, 70119; None, 2000.

Form 990EZ, Part I, Line 10

Musician Grants; Grants; Marc Stone: 2804 Audubon St, New Orleans, LA, 70125; , 3720.

Form 990EZ, Part I, Line 10

Musician Grants; Grants; New Orleans Musicians Clinic: 1525 Louisiana Ave, New Orleans, LA, 70115; , 6000.

Form 990EZ, Part I, Line 10

Music Grants; Grants; Tekrema Center: 5640 Burgundy St, New Orleans, LA, 70117; None, 5000.

Form 990EZ, Part I, Line 10

Musician Grants; Grants; COVID Releif: , , , ; , 4750.

Form 990EZ, Part I, Line 16

Bank Fees 889.

Form 990EZ, Part I, Line 16

Information Technology 2652.

Form 990EZ, Part I, Line 16

Supplies 65.

Form 990EZ, Part I, Line 16

Books, Subscriptions, Reference 120.

Form 990EZ, Part I, Line 16

Conference

Form 990EZ, Part I, Line 16

Inventory Purchases

Form 990EZ, Part I, Line 16

Business Registration 75.

Raw XML Appendix251 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Musician Grants; Grant; Craig Klein: 1412 Mason Smith AVe, , , 70003; , 540.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Musician Grant; Grant; New Orleans Jazz Museum: 1000 Bourbon St #B429, New Orleans, LA, 70116; None, 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Musician Grant; Grant; Tom Leggett: 1870 Mirabeau Ave, New Orleans, LA, 70122; , 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Musician Grants; Grant; Andre Bohren: 324 S. Lopez, New Orleans, LA, 70119; , 2896.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Musician Grants; Grant; Brandy Walker: PO Box 3967, New Orleans, LA, 70117; , 3000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Musician Grants; Grant; Calvin Johnson: 1936 Bartholomew St, New Orleans, LA, 70117; , 3914.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Musician Grants; Grants; Danny Barker Festival Inc: 5724 Arts St, New Orleans, LA, 70122; None, 2000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Musician Grants; Grant; Egg Yolk Jubilee: 4211 Ottawa St, Metaire, LA, 70001; None, 5000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Musician Grant; Grant; John Davis: 150 Clinton St, Apt 1A, Brooklyn, NY, 11201; , 3318.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Musician Grants; Grants; Lyrica Baroque: PO Box 750524, New Orleans, LA, 70175; , 2500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Musician Grants; Granst; Make Music NOLA: 1010 Galvez St Unit #C1, New Orleans, LA, 70119; None, 2000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Musician Grants; Grants; Marc Stone: 2804 Audubon St, New Orleans, LA, 70125; , 3720.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Musician Grants; Grants; New Orleans Musicians Clinic: 1525 Louisiana Ave, New Orleans, LA, 70115; , 6000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Music Grants; Grants; Tekrema Center: 5640 Burgundy St, New Orleans, LA, 70117; None, 5000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Musician Grants; Grants; COVID Releif: , , , ; , 4750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Bank Fees 889.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Information Technology 2652.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Supplies 65.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Books, Subscriptions, Reference 120.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Conference
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Inventory Purchases
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Business Registration 75.
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
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 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
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Threadhead Cultural Foundation
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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/AddressLine1Txt09527 JEFFERSON HIGHWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RIVER RIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070123
ReturnHeader/PreparerPersonGrp/PhoneNum05045985253
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Aaron Ready
ReturnHeader/ReturnTs02022-11-14T05:37:39-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Heather
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0McCamey
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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