Civic Intelligence

The Louisiana Superdome Marketing and Promotional Fund

EIN 58-1658733 • 501(c)6 • New Orleans, LA

Profile

To market and promote the mercedes-benz superdome and the new orleans arena for all their intended uses and functions, to attract new and additional event activity to those facilities, to generate significant peripheral economic benefits from increased convention and tourist activity at these facilities and other facilities owned by the state of louisiana and its political subdivisions, to support events, activities and projects beneficial, economically or otherwise, to these facilities or the state of louisiana; and to engage in cooperative economic development activities intended to alleviate conditions of underemployment, unemployment and economic distress in the city of new orleans.

1500 Poydras StreetNew Orleans, LA 70112

n/A

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

53rd percentile

0.0%

Faster asset growth than 53% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Assets

Up

$1

Up $1 from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Flat

$0

Flat from 2020

Revenue

Flat

$0

Flat from 2020

Expenses

Flat

$0

Flat from 2020

Net Income

Flat

$0

Flat from 2020

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0-$10M-$20MAssets 2010: $192,707Liabilities 2010: $0Net Assets 2010: $192,7072010Assets 2011: $15,390,093Liabilities 2011: $15,987,368Net Assets 2011: -$597,2752011Assets 2012: $14,932,137Liabilities 2012: $16,195,581Net Assets 2012: -$1,263,4442012Assets 2013: $14,911,621Liabilities 2013: $18,042,061Net Assets 2013: -$3,130,4402013Assets 2014: $13,855,411Liabilities 2014: $19,177,206Net Assets 2014: -$5,321,7952014Assets 2015: $13,333,768Liabilities 2015: $20,936,052Net Assets 2015: -$7,602,2842015Assets 2016: $12,323,232Liabilities 2016: $22,110,850Net Assets 2016: -$9,787,6182016Assets 2017: $10,582,058Liabilities 2017: $22,920,745Net Assets 2017: -$12,338,6872017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $1Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$1
Liabilities$0
Net Assets$0

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2010: $985Expenses 2010: $548,428Net Income 2010: -$547,4432010Expenses 2011: $1,379,3282011Expenses 2012: $2,396,7832012Revenue 2013: $1,279,073Expenses 2013: $3,146,069Net Income 2013: -$1,866,9962013Revenue 2014: $1,451,496Expenses 2014: $3,642,851Net Income 2014: -$2,191,3552014Revenue 2015: $1,629,926Expenses 2015: $3,910,415Net Income 2015: -$2,280,4892015Revenue 2016: $3,472,003Expenses 2016: $5,657,337Net Income 2016: -$2,185,3342016Revenue 2017: $2,648,958Expenses 2017: $5,200,027Net Income 2017: -$2,551,0692017Revenue 2018: $14,700,668Expenses 2018: $2,361,981Net Income 2018: $12,338,6872018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021

Highlighted filing

2021

Revenue$0
Expenses$0
Net Income$0

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 11, 2021
Return Version
2020v4.1
Gross Receipts
$0
Mission and Program Overview

Mission

To market and promote the mercedes-benz superdome and the new orleans arena for all their intended uses and functions, to attract new and additional event activity to those facilities, to generate significant peripheral economic benefits from increased convention and tourist activity at these facilities and other facilities owned by the state of louisiana and its political subdivisions, to support events, activities and projects beneficial, economically or otherwise, to these facilities or the state of louisiana; and to engage in cooperative economic development activities intended to alleviate conditions of underemployment, unemployment and economic distress in the city of new orleans.

Program Services

DescriptionGrantsExpenses
PRIOR TO THE RESOLUTION OF THE BOARD TO CEASE ACTIVITY, THE PURPOSE OF THE ORGANIZATION WAS TO ATTRACT NEW AND ADDITIONAL EVENT ACTIVITY THAT WOULD STIMULATE THE GENERAL ECONOMY WITHIN THE SUPERDOME MARKETING AREA AND STATE OF LOUISIANA. DURING THE 6/30/2018 FISCAL YEAR, THE BOARD OF DIRECTORS RESOLVED TO CEASE ACTIVITY AND TRANSFER THE ASSETS AND OPERATIONS OF THE LOUISIANA SUPERDOME MARKETING AND PROMOTIONAL FUND TO THE LOUISIANA STADIUM AND EXPOSITION DISTRICT.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KYLE FRANCEPresident-$0--
MATTHEW BLOCKBoard Member-$0--
RENEE LAPEYROLERIEBoard Member-$0--
J DOUGLAS THORTONVice President/Secretary-$0--
DAVID WEIDLERAssistant Secretary-$0--
Filing and Contact Details

Filer

Filer Name
The Louisiana Superdome Marketing and
EIN
58-1658733
Phone
5045873850
Address
1500 POYDRAS STREET, NEW ORLEANS, LA 70112

Signing Officer

Name
J Douglas Thornton
Title
Vice-president/secretary
Phone
5045873850
Signed
2021-10-11
Discuss with paid preparer
Yes

Preparer

Firm
Laporte Apac
Address
111 VETERANS MEMORIAL BLVD 600, METAIRIE, LA 70005-4958
Preparer
Bruce S Prendergast Ms CPA
Phone
5048355522
Raw XML Appendix109 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/TitleTxt4ASSISTANT SECRETARY
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IRS990EZ/PrimaryExemptPurposeTxt0TO MARKET AND PROMOTE THE MERCEDES-BENZ SUPERDOME AND THE NEW ORLEANS ARENA FOR ALL THEIR INTENDED USES AND FUNCTIONS, TO ATTRACT NEW AND ADDITIONAL EVENT ACTIVITY TO THOSE FACILITIES, TO GENERATE SIGNIFICANT PERIPHERAL ECONOMIC BENEFITS FROM INCREASED CONVENTION AND TOURIST ACTIVITY AT THESE FACILITIES AND OTHER FACILITIES OWNED BY THE STATE OF LOUISIANA AND ITS POLITICAL SUBDIVISIONS, TO SUPPORT EVENTS, ACTIVITIES AND PROJECTS BENEFICIAL, ECONOMICALLY OR OTHERWISE, TO THESE FACILITIES OR THE STATE OF LOUISIANA; AND TO ENGAGE IN COOPERATIVE ECONOMIC DEVELOPMENT ACTIVITIES INTENDED TO ALLEVIATE CONDITIONS OF UNDEREMPLOYMENT, UNEMPLOYMENT AND ECONOMIC DISTRESS IN THE CITY OF NEW ORLEANS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PRIOR TO THE RESOLUTION OF THE BOARD TO CEASE ACTIVITY, THE PURPOSE OF THE ORGANIZATION WAS TO ATTRACT NEW AND ADDITIONAL EVENT ACTIVITY THAT WOULD STIMULATE THE GENERAL ECONOMY WITHIN THE SUPERDOME MARKETING AREA AND STATE OF LOUISIANA. DURING THE 6/30/2018 FISCAL YEAR, THE BOARD OF DIRECTORS RESOLVED TO CEASE ACTIVITY AND TRANSFER THE ASSETS AND OPERATIONS OF THE LOUISIANA SUPERDOME MARKETING AND PROMOTIONAL FUND TO THE LOUISIANA STADIUM AND EXPOSITION DISTRICT.
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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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