Civic Intelligence

Eighth Muse Inc

EIN 45-2303680 • 501(c)2 • New Orleans, LA

Profile

Real estate holding co. - non-profit corp.

8325 Oak StreetNew Orleans, LA 70118-2043

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.80x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)2 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

4.59x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)2 • $1M-$5M nonprofits • Source year 2024

Net Margin

27th percentile

-16%

Higher net margin than 27% of similar nonprofits.

501(c)2 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

19th percentile

-5.7%

Faster asset growth than 19% of similar nonprofits.

501(c)2 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

-0.0%

Faster revenue growth than 37% of similar nonprofits.

501(c)2 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,048,782

Down $63,262 (-5.7%) from 2023

Liabilities

Down

$838,801

Down $33,775 (-3.9%) from 2023

Net Assets

Down

$209,981

Down $29,487 (-12%) from 2023

Revenue

Down

$182,632

Down $24 (-0.0%) from 2023

Expenses

Up

$212,119

Up $52,991 (+33%) from 2023

Net Income

Down

-$29,487

Down $53,015 (-225%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $1,251,114Liabilities 2011: $1,283,597Net Assets 2011: -$32,4832011Assets 2012: $1,445,404Liabilities 2012: $1,511,643Net Assets 2012: -$66,2392012Assets 2013: $1,400,790Liabilities 2013: $1,485,590Net Assets 2013: -$84,8002013Assets 2014: $1,360,599Liabilities 2014: $1,428,869Net Assets 2014: -$68,2702014Assets 2015: $1,360,901Liabilities 2015: $1,395,429Net Assets 2015: -$34,5282015Assets 2016: $1,330,298Liabilities 2016: $1,330,785Net Assets 2016: -$4872016Assets 2017: $1,319,038Liabilities 2017: $1,284,717Net Assets 2017: $34,3212017Assets 2018: $1,225,365Liabilities 2018: $1,174,238Net Assets 2018: $51,1272018Assets 2019: $1,243,924Liabilities 2019: $1,133,046Net Assets 2019: $110,8782019Assets 2020: $1,252,882Liabilities 2020: $1,089,835Net Assets 2020: $163,0472020Assets 2021: $1,231,145Liabilities 2021: $1,044,444Net Assets 2021: $186,7012021Assets 2022: $1,121,836Liabilities 2022: $905,896Net Assets 2022: $215,9402022Assets 2023: $1,112,044Liabilities 2023: $872,576Net Assets 2023: $239,4682023Assets 2024: $1,048,782Liabilities 2024: $838,801Net Assets 2024: $209,9812024

Highlighted filing

2024

Assets$1,048,782
Liabilities$838,801
Net Assets$209,981

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: -$32,483Expenses 2011: $0Net Income 2011: -$32,4832011Revenue 2012: -$33,756Expenses 2012: $0Net Income 2012: -$33,7562012Revenue 2013: -$18,561Expenses 2013: $0Net Income 2013: -$18,5612013Revenue 2014: $16,530Expenses 2014: $0Net Income 2014: $16,5302014Revenue 2015: $33,742Expenses 2015: $0Net Income 2015: $33,7422015Revenue 2016: $34,041Expenses 2016: $0Net Income 2016: $34,0412016Revenue 2017: $34,808Expenses 2017: $0Net Income 2017: $34,8082017Revenue 2018: $16,806Expenses 2018: $0Net Income 2018: $16,8062018Revenue 2019: $185,298Expenses 2019: $125,547Net Income 2019: $59,7512019Revenue 2020: $182,588Expenses 2020: $130,419Net Income 2020: $52,1692020Revenue 2021: $183,077Expenses 2021: $159,423Net Income 2021: $23,6542021Revenue 2022: $182,853Expenses 2022: $152,026Net Income 2022: $30,8272022Revenue 2023: $182,656Expenses 2023: $159,128Net Income 2023: $23,5282023Revenue 2024: $182,632Expenses 2024: $212,119Net Income 2024: -$29,4872024

Highlighted filing

2024

Revenue$182,632
Expenses$212,119
Net Income-$29,487

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.84$0.21$0.18$0.21$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.11$0.87$0.24$0.18$0.16$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.91$0.22$0.18$0.15$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.23$1.04$0.19$0.18$0.16$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.25$1.09$0.16$0.18$0.13$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.24$1.13$0.11$0.19$0.13$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.23$1.17$0.05$0.02$0.00$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.32$1.28$0.03$0.03$0.00$0.03
2016Summary only. Only limited summary data is available for this year.$1.33$1.33$0.00$0.03$0.00$0.03
2015Summary only. Only limited summary data is available for this year.$1.36$1.40$0.03$0.03$0.00$0.03
2014Summary only. Only limited summary data is available for this year.$1.36$1.43$0.07$0.02$0.00$0.02
2013Summary only. Only limited summary data is available for this year.$1.40$1.49$0.08$0.02$0.00$0.02
2012Summary only. Only limited summary data is available for this year.$1.45$1.51$0.07$0.03$0.00$0.03
2011Summary only. Only limited summary data is available for this year.$1.25$1.28$0.03$0.03$0.00$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
May 28, 2025
Return Version
2023v6.0
Gross Receipts
$182,632
Mission and Program Overview

Mission

Real estate holding co. - non-profit corp.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$969,742$972,050▲ $2,308
Savings and Temporary Cash Investments$93,517$47,779▼ $45,738
Prepaid Expenses and Deferred Charges$15,613$10,243▼ $5,370
Intangible Assets$3,515$2,343▼ $1,172
Total Assets$1,112,044$1,048,782▼ $63,262
Other Assets Total$29,657$16,367▼ $13,290
Liabilities
Mortgage Notes Payable Secured by Investment Property$622,591$588,816▼ $33,775
Other Liabilities$249,985$249,985→ $0
Total Liabilities$872,576$838,801▼ $33,775
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$239,468$209,981▼ $29,487
Total Net Assets Fund Balance$239,468$209,981▼ $29,487
Total Liabilities and Net Assets / Fund Balance$1,112,044$1,048,782▼ $63,262

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$507,050$500,783$1,007,833
Land$465,000-$465,000
Compensation and Service Providers

Employees

NameTitleOtherTotal
Anthony CarterDirector of Finance$18,430$18,430

Board Members and Trustees

NameTitle
Patsy WhitePresident
Hugh EleyVice-president
Ranie ThompsonExecutive Director
Tara HuffmanInterim Exec Director (thru 3/2024)
Adrienne ThomasSecretary
Kathryn LafrentzTreasurer
John TarverTreasurer (thru 12/2023)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$182,466
Investment Income
$166
Other Revenue
$0
Change in Net Assets
$-29,487
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$212,119
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$120,737
Depreciation Depletion---$39,957
Interest---$29,324
Fees for Services Other---$19,101
Fees for Services Accounting---$3,000
Total Functional Expenses$0$0$0$212,119
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Disability Rights Louisiana$249,985
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no subcommittees that have authority to act on behalf of the board.

Form 990, Part VI, Section B, Line 11B

Management reviews the tax return before filing, and then forwards it to the board of directors for approval.

Form 990, Part VI, Section C, Line 19

All governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Eighth Muse Inc
EIN
45-2303680
Phone
5045222337
Address
8325 OAK STREET, NEW ORLEANS, LA 70118-2043

Signing Officer

Name
Anthony Carter
Title
Director of Finance
Phone
5045222337
Signed
2025-05-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ranie Thompson
Formed
2011
Legal Domicile
La
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Eag Gulf Coast LLC
Address
ONE GALLERIA BLVD STE 2100, METAIRIE, LA 70001
Preparer
Gina Rachel
Phone
5048375990
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There have been no changes from the prior year; disability rights louisiana assumes responsibility for selecting an independent accountant and for oversight of the audit, and the organization reviews the audit before it is issued.

Financial Statement Notes

PART X, LINE 2:

Drla and eighth muse, incorporated are not-for-profit corporations organized under the laws of the state of louisiana. They are exempt from income tax under section 501(c)(3) of the internal revenue code (the code), and qualify as organizations that are not private foundations as defined in section 509(a) of the code. Drla has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income, if any; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. Drla has determined that there are no material uncertain tax positions that require recognition or disclosure in the consolidated financial statements.

Raw XML Appendix357 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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0249985
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO DISABILITY RIGHTS LOUISIANA
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DRLA AND EIGHTH MUSE, INCORPORATED ARE NOT-FOR-PROFIT CORPORATIONS ORGANIZED UNDER THE LAWS OF THE STATE OF LOUISIANA. THEY ARE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), AND QUALIFY AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS AS DEFINED IN SECTION 509(A) OF THE CODE. DRLA HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME, IF ANY; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. DRLA HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0972050
IRS990ScheduleD/TotalLiabilityAmt0249985
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO SUBCOMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT REVIEWS THE TAX RETURN BEFORE FILING, AND THEN FORWARDS IT TO THE BOARD OF DIRECTORS FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR; DISABILITY RIGHTS LOUISIANA ASSUMES RESPONSIBILITY FOR SELECTING AN INDEPENDENT ACCOUNTANT AND FOR OVERSIGHT OF THE AUDIT, AND THE ORGANIZATION REVIEWS THE AUDIT BEFORE IT IS ISSUED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DISABILITY RIGHTS LOUISIANA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0721005271
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SERVICES TO THE ELDERLY AND DISABLED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08325 OAK STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW ORLEANS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd070118
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0182466
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1249985
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0DISABILITY RIGHTS LOUISIANA
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1DISABILITY RIGHTS LOUISIANA
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01112044
IRS990/TotalAssetsEOYAmt01048782
IRS990/TotalAssetsGrp/BOYAmt01112044
IRS990/TotalAssetsGrp/EOYAmt01048782
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0212119
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0872576
IRS990/TotalLiabilitiesEOYAmt0838801
IRS990/TotalLiabilitiesGrp/BOYAmt0872576
IRS990/TotalLiabilitiesGrp/EOYAmt0838801
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0239468
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0209981
IRS990/TotalOtherCompensationAmt01196
IRS990/TotalProgramServiceRevenueAmt0182466
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0166
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0182466
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0182632
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01112044
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01048782
IRS990/TotReportableCompRltdOrgAmt017234
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08325 OAK STREET
IRS990/USAddress/CityNm0NEW ORLEANS
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd0701182043
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANTHONY CARTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR OF FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum05045222337
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EIGHTH MUSE INC
ReturnHeader/Filer/BusinessNameControlTxt0EIGH
ReturnHeader/Filer/EIN0452303680
ReturnHeader/Filer/PhoneNum05045222337
ReturnHeader/Filer/USAddress/AddressLine1Txt08325 OAK STREET
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd0701182043
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0923320348
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EAG GULF COAST LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE GALLERIA BLVD STE 2100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0METAIRIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070001
ReturnHeader/PreparerPersonGrp/PhoneNum05048375990
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GINA RACHEL
ReturnHeader/ReturnTs02025-06-10T10:20:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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