Civic Intelligence

Michalopoulos Foundation

990EZ • Fiscal year 2019 • EIN 47-4003793

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

Organization ProfileN/A
527 Elysian Fields AveNew Orleans, LA 70117

(504) 909-6469

Siviq Scores

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

Liabilities / Assets

86th percentile

0.27x

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

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

Liabilities / Revenue

91st percentile

0.39x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

99th percentile

98%

Higher net margin than 99% 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

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets86th percentile

Assets

$271,805

No earlier filing loaded for comparison.

Net Assets

$197,967

No earlier filing loaded for comparison.

Liabilities

$73,838

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin99th percentile

Revenue

$190,000

No earlier filing loaded for comparison.

Expenses

$2,873

No earlier filing loaded for comparison.

Net Income

$187,127

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400K$300K$200K$100K$0Assets 2019: $271,805Liabilities 2019: $73,838Net Assets 2019: $197,9672019Assets 2020: $321,806Liabilities 2020: $8,805Net Assets 2020: $313,0012020Assets 2021: $325,823Liabilities 2021: $9,394Net Assets 2021: $316,4292021Assets 2022: $333,539Liabilities 2022: $9,199Net Assets 2022: $324,3402022

Highlighted filing

2019

Assets$271,805
Liabilities$73,838
Net Assets$197,967
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$150K$100K$50K$0Revenue 2019: $190,000Expenses 2019: $2,873Net Income 2019: $187,1272019Revenue 2020: $117,613Expenses 2020: $2,579Net Income 2020: $115,0342020Revenue 2021: $12,000Expenses 2021: $8,572Net Income 2021: $3,4282021Revenue 2022: $12,000Expenses 2022: $4,089Net Income 2022: $7,9112022

Highlighted filing

2019

Revenue$190,000
Expenses$2,873
Net Income$187,127
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$190,000
Mission and Program Overview

Mission

To educate and foster development of local visual art through the operation of a museum to display local artist's works, holding workshops to educate and help develop local artists, and providing care and outreach to the homeless.

Program Services

DescriptionGrantsExpenses
TO EDUCATE AND FOSTER DEVELOPMENT OF LOCAL VISUAL ART THROUGH THE OPERATION OF A MUSEUM TO DISPLAY LOCAL ARTIST'S WORKS, HOLDING WORKSHOPS TO EDUCATE AND HELP DEVELOP LOCAL ARTISTS, AND PROVIDING CARE AND OUTREACH TO THE HOMELESS.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TATIANNA MACCHIONEDirector-$0--
JAMES MICHALOPOULOSPresident-$0--
Filing and Contact Details

Filer

Filer Name
Michalopoulos Foundation
EIN
47-4003793
Phone
5049096469
Address
527 ELYSIAN FIELDS AVE, NEW ORLEANS, LA 70117

Signing Officer

Name
James Michalopoulos
Title
President
Phone
5049096469
Signed
2020-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Wegmann Dazet & Company Apc
Address
111 VETERANS BLVD SUITE 800, METAIRIE, LA 70005
Preparer
John D White
Phone
5048378844
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: insurance. Amount: 524. Description: taxes & licenses. Amount: 115. Description: website. Amount: 292. Description: miscellaneous expenses. Amount: 44. Total to form 990-ez, line 16: 975.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: deposit. Beg. Of year amount: 15,000. End of year amount: 0.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: due to related parties. Beg. Of year amount: 18,353. End of year amount: 73,838.”

Raw XML Appendix158 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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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/PreparerPersonGrp/PhoneNum05048378844
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ReturnHeader/ReturnTs02020-11-13T08:58:09-06:00
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
$271,805
Liabilities
$73,838
Net assets
$197,967
Revenue
$190,000
Expenses
$2,873
Net income
$187,127
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$3.34$0.09$3.24$0.12$0.04$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.26$0.09$3.16$0.12$0.09$0.03
2020Detailed filing. Detailed filing data is available for this year.$3.22$0.09$3.13$1.18$0.03$1.15
2019Detailed filing. Detailed filing data is available for this year.$2.72$0.74$1.98$1.90$0.03$1.87