Civic Intelligence

Preservation Hall Foundation Inc.

990PF • Fiscal year 2017 • EIN 27-2910626

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

321 Burgundy Street No 130New Orleans, LA 70116

(504) 522-2841

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.12x

Higher debt load relative to assets than 53% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

32nd percentile

0.03x

Higher debt load relative to revenue than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

78th percentile

20%

Higher net margin than 78% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

98th percentile

217%

Faster asset growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

80%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$319,356

Up $218,697 (+217%) from 2016

Net Assets

Up

$282,390

Up $209,837 (+289%) from 2016

Liabilities

Up

$36,966

Up $8,860 (+32%) from 2016

Revenue

Up

$1,059,859

Up $470,109 (+80%) from 2016

Expenses

Up

$851,589

Up $51,574 (+6.4%) from 2016

Net Income

Up

$208,270

Up $418,535 (+199%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2013: $8,801Liabilities 2013: $15,898Net Assets 2013: -$7,0972013Assets 2014: $125,058Liabilities 2014: $586Net Assets 2014: $124,4722014Assets 2015: $315,343Liabilities 2015: $32,525Net Assets 2015: $282,8182015Assets 2016: $100,659Liabilities 2016: $28,106Net Assets 2016: $72,5532016Assets 2017: $319,356Liabilities 2017: $36,966Net Assets 2017: $282,3902017Assets 2018: $289,531Liabilities 2018: $36,871Net Assets 2018: $252,6602018Assets 2019: $245,986Liabilities 2019: $69,838Net Assets 2019: $176,1482019Assets 2020: $2,027,145Liabilities 2020: $288,747Net Assets 2020: $1,738,3982020Assets 2021: $2,657,700Liabilities 2021: $195,235Net Assets 2021: $2,462,4652021Assets 2022: $3,942,943Liabilities 2022: $88,788Net Assets 2022: $3,854,1552022Assets 2023: $8,643,360Liabilities 2023: $4,966,204Net Assets 2023: $3,677,1562023Assets 2024: $9,268,903Liabilities 2024: $4,784,801Net Assets 2024: $4,484,1022024

Highlighted filing

2017

Assets$319,356
Liabilities$36,966
Net Assets$282,390

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $73,681Expenses 2013: $59,349Net Income 2013: $14,3322013Revenue 2014: $325,843Expenses 2014: $194,274Net Income 2014: $131,5692014Revenue 2015: $754,371Expenses 2015: $593,775Net Income 2015: $160,5962015Revenue 2016: $589,750Expenses 2016: $800,015Net Income 2016: -$210,2652016Revenue 2017: $1,059,859Expenses 2017: $851,589Net Income 2017: $208,2702017Revenue 2018: $1,199,119Expenses 2018: $1,228,849Net Income 2018: -$29,7302018Revenue 2019: $1,228,724Expenses 2019: $1,298,460Net Income 2019: -$69,7362019Revenue 2020: $3,416,287Expenses 2020: $1,863,614Net Income 2020: $1,552,6732020Revenue 2021: $2,671,447Expenses 2021: $1,961,125Net Income 2021: $710,3222021Revenue 2022: $3,211,491Expenses 2022: $1,875,805Net Income 2022: $1,335,6862022Revenue 2023: $2,092,940Expenses 2023: $2,275,826Net Income 2023: -$182,8862023Revenue 2024: $4,080,616Expenses 2024: $3,273,670Net Income 2024: $806,9462024

Highlighted filing

2017

Revenue$1,059,859
Expenses$851,589
Net Income$208,270
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Mission and Program Overview

Mission

Preservation hall foundation protects, preserves, and perpetuates new orleans music through engaging and supporting musicians; providing support and services to elder members of our collective; conserving and sharing jazz music archives and spaces; providing educational experiences for students, families and the general public; and grantmaking to recognize merit and/or alleviate need.

Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BENJAMIN JAFFETrustee,ChairmanPT$0--
JEANETTE JAFFETrusteePT$0--
DR AARON WOLFSONBoard Member-$0--
DR JOHN WELLSBoard Member-$0--
DR ETHAN GRAHAMBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Preservation Hall Foundation Inc
EIN
27-2910626
Phone
5045222841
Address
321 BURGUNDY STREET NO 130, NEW ORLEANS, LA 70116

Signing Officer

Name
Jeanette Jaffe
Title
Trustee
Phone
5045222841
Signed
2018-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Wegmann Dazet & Company Apc
Address
111 VETERANS BLVD SUITE 800, METAIRIE, LA 70005
Preparer
Valerie Lowry
Phone
5048378844
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt30
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt30
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0BENJAMIN JAFFE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1JEANETTE JAFFE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2DR AARON WOLFSON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm3DR JOHN WELLS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm4DR ETHAN GRAHAM
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0TRUSTEE,CHAIRMAN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1TRUSTEE
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt4BOARD MEMBER
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt0321 BURGUNDY STREET NO 130
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt1321 BURGUNDY STREET NO 130
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt2321 BURGUNDY STREET NO 130
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt3321 BURGUNDY STREET NO 130
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt4321 BURGUNDY STREET NO 130
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0NEW ORLEANS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1NEW ORLEANS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm2NEW ORLEANS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm3NEW ORLEANS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm4NEW ORLEANS
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IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/TotalAmt01469799
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IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/Year2Amt0129986
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IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriMadeDrtGrp/TotalAmt01469799
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IRS990PF/PrivateOperatingFoundationsGrp/Section4942j3Ind0X
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsGrp/TotalAmt0440401
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IRS990PF/PrivateOperatingFoundationsGrp/TotalSupportGrp/TotalAmt00
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IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/TotalAmt013744
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IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt0574198
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt0574199
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IRS990PF/QualifyingDistriPartXIIGrp/ProgramRelatedInvstTotalAmt00
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt0574199
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/LineNumberTxt011
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0INTEREST INCOME AND FUNDRAISING EVENTS SUPPORT MUSIC EDUCATION, ACADEMIC RESEARCH, HISTORICAL ARCHIVING AND PROMOTIONAL OUTREACH CAMPAIGNS TO CREATE GREATER AWARENESS AND APPRECIATION FOR TRADITIONAL NEW ORLEANS JAZZ AND THE COMMUNITIES THAT SUPPORT IT.
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd00
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd00
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd00
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd00
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd00
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IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd00
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd00
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd00
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd01
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0321 BURGUNDY STREET NO 130
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0NEW ORLEANS
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0LA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd070116
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd01
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd00
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0LA
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0JONATHAN KENDRICK
IRS990PF/StatementsRegardingActyGrp/PhoneNum05045222841
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd01
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.PRESHALLFOUNDATION.ORG
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0EDUCATION: PRIMARY ACTIVITY IS DEVELOPING EDUCATIONAL PROGRAMMING THAT TARGETS TROUBLED AREAS IN NEW ORLEANS WITH NO CURRENT MUSIC PROGRAMS IN THEIR SCHOOLS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0OUTREACH: EXTENDS TRADITIONAL JAZZ MUSIC AND CULTURE OUTSIDE OF NEW ORLEANS. ACTIVITIES INCLUDE FREE PERFORMANCES AT SCHOOLS, LIBRARIES AND OTHER PUBLIC SPACES AS WELL AS LECTURES AND MASTER CLASSES IN ACADEMIC AND PROFESSIONAL SETTINGS. THE LONG-TERM GOAL IS TO CONTRIBUTE TO THE LARGER BODY OF KNOWLEDGE AND PRACTICE THAT PROTECTS THE TRANSMISSION OF LOCAL CULTURAL TRADITIONS WORLDWIDE.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description3Txt0LEGACY: OFFERS SUPPORT TO MASTER-PRACTITIONERS FOR THEIR PUBLIC ROLES AS EDUCATORS AND NEIGHBORHOOD MUSICIANS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description4Txt0ARCHIVES: THE ARCHIVES PROGRAM PROTECTS AND PRESERVES THE TENS OF THOUSANDS OF DOCUMENTS, INSTRUMENTS, ARTWORK AND OTHER HISTORICALLY IMPORTANT ARTIFACTS COLLECTED BY PRESERVACTION HALL OVER THE PAST 50 YEARS. THIS ESSENTIAL COLLECTION OF MATERIALS ULTIMATELY WILL BE ACCESSIBLE TO RESEARCHERS, STUDENTS, AND JAZZ AFICIONADOS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt0130670
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses2Amt0231603
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses3Amt0100192
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses4Amt049871
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0LETTER WRITTEN ON ORGANIZATION'S LETTERHEAD AND SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE ORGANIZATION.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientEmailAddressTxt0[email protected]
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0PRESERVATION HALL FOUNDATION INC
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum05045222841
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0321 BURGUNDY ST 130
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0NEW ORLEANS
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0LA
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd070116
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0NO CURRENT RESTRICTIONS.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0DECEMBER 1ST
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00

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