Civic Intelligence

French Quarter Festivals Inc

EIN 72-1046163 • 501(c)3 • New Orleans, LA

Profile

French quarter festival is a 501(c)3 non-profit organization whose mission is to promote the vieux carre and the city of new orleans through high quality special events and activities that showcase the culture and heritage of this unique city, contribute to the economic well being of the community, and instill increased pride in the people of new orleans.

400 North Peters St 205New Orleans, LA 70130

www.fqfi.org

Siviq Scores

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

Liabilities / Assets

55th percentile

0.16x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.10x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

50th percentile

4.6%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $5M-$10M 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

50th percentile

4.7%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

13%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$3,813,721

Up $172,273 (+4.7%) from 2023

Liabilities

Down

$605,925

Down $130,100 (-18%) from 2023

Net Assets

Up

$3,207,796

Up $302,373 (+10%) from 2023

Operations
Liabilities / Revenue41st percentileNet Margin50th percentile

Revenue

Up

$5,805,781

Up $659,118 (+13%) from 2023

Expenses

Up

$5,537,803

Up $554,804 (+11%) from 2023

Net Income

Up

$267,978

Up $104,314 (+64%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $450,504Liabilities 2011: $71,531Net Assets 2011: $378,9732011Assets 2012: $415,828Liabilities 2012: $7,218Net Assets 2012: $408,6102012Assets 2013: $957,193Liabilities 2013: $35,899Net Assets 2013: $921,2942013Assets 2014: $1,188,010Liabilities 2014: $20,286Net Assets 2014: $1,167,7242014Assets 2015: $1,035,878Liabilities 2015: $8,759Net Assets 2015: $1,027,1192015Assets 2016: $1,257,649Liabilities 2016: $17,527Net Assets 2016: $1,240,1222016Assets 2017: $1,337,984Liabilities 2017: $11,089Net Assets 2017: $1,326,8952017Assets 2018: $1,293,248Liabilities 2018: $35,920Net Assets 2018: $1,257,3282018Assets 2019: $2,055,323Liabilities 2019: $68,880Net Assets 2019: $1,986,4432019Assets 2020: $2,431,900Liabilities 2020: $289,692Net Assets 2020: $2,142,2082020Assets 2021: $3,644,496Liabilities 2021: $1,260,745Net Assets 2021: $2,383,7512021Assets 2022: $3,487,249Liabilities 2022: $783,606Net Assets 2022: $2,703,6432022Assets 2023: $3,641,448Liabilities 2023: $736,025Net Assets 2023: $2,905,4232023Assets 2024: $3,813,721Liabilities 2024: $605,925Net Assets 2024: $3,207,7962024

Highlighted filing

2024

Assets$3,813,721
Liabilities$605,925
Net Assets$3,207,796
Open 2024 Filing

Operations Trend

Revenue Growth61st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,063,268Expenses 2011: $1,993,113Net Income 2011: $70,1552011Expenses 2012: $2,393,7902012Revenue 2013: $3,547,258Expenses 2013: $3,034,574Net Income 2013: $512,6842013Revenue 2014: $3,439,095Expenses 2014: $3,192,665Net Income 2014: $246,4302014Revenue 2015: $3,170,312Expenses 2015: $3,310,917Net Income 2015: -$140,6052015Revenue 2016: $4,028,186Expenses 2016: $3,815,183Net Income 2016: $213,0032016Revenue 2017: $3,902,301Expenses 2017: $3,815,528Net Income 2017: $86,7732017Revenue 2018: $3,597,245Expenses 2018: $3,666,812Net Income 2018: -$69,5672018Revenue 2019: $4,698,780Expenses 2019: $3,969,599Net Income 2019: $729,1812019Revenue 2020: $1,306,266Expenses 2020: $1,150,501Net Income 2020: $155,7652020Revenue 2021: $2,861,776Expenses 2021: $1,447,203Net Income 2021: $1,414,5732021Revenue 2022: $4,423,585Expenses 2022: $4,137,565Net Income 2022: $286,0202022Revenue 2023: $5,146,663Expenses 2023: $4,982,999Net Income 2023: $163,6642023Revenue 2024: $5,805,781Expenses 2024: $5,537,803Net Income 2024: $267,9782024

Highlighted filing

2024

Revenue$5,805,781
Expenses$5,537,803
Net Income$267,978
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$3,813,721
Liabilities
$605,925
Net assets
$3,207,796
Revenue
$5,805,781
Expenses
$5,537,803
Net income
$267,978
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$0.61$3.21$5.81$5.54$0.27
2023Detailed filing. Detailed filing data is available for this year.$3.64$0.74$2.91$5.15$4.98$0.16
2022Detailed filing. Detailed filing data is available for this year.$3.49$0.78$2.70$4.42$4.14$0.29
2021Detailed filing. Detailed filing data is available for this year.$3.64$1.26$2.38$2.86$1.45$1.41
2020Detailed filing. Detailed filing data is available for this year.$2.43$0.29$2.14$1.31$1.15$0.16
2019Detailed filing. Detailed filing data is available for this year.$2.06$0.07$1.99$4.70$3.97$0.73
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.04$1.26$3.60$3.67$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.34$0.01$1.33$3.90$3.82$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.26$0.02$1.24$4.03$3.82$0.21
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.01$1.03$3.17$3.31$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.19$0.02$1.17$3.44$3.19$0.25
2013Detailed filing. Detailed filing data is available for this year.$0.96$0.04$0.92$3.55$3.03$0.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.01$0.41$2.39
2011Summary only. Only limited summary data is available for this year.$0.45$0.07$0.38$2.06$1.99$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 6, 2025
Return Version
2024v5.2
Gross Receipts
$6,626,542
Mission and Program Overview

Mission

French quarter festival is a 501(c)3 non-profit organization whose mission is to promote the vieux carre and the city of new orleans through high quality special events and activities that showcase the culture and heritage of this unique city, contribute to the economic well being of the community, and instill increased pride in the people of new orleans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,424,992$1,254,713▼ $170,279
Cash and Non-Interest-Bearing Accounts$977,170$1,036,985▲ $59,815
Savings and Temporary Cash Investments$812,831$999,566▲ $186,735
Accounts Receivable$41,562$127,048▲ $85,486
Pledges and Grants Receivable-$67,316-
Land, Buildings, and Equipment, Net$13,661$42,149▲ $28,488
Prepaid Expenses and Deferred Charges$2,583$5,742▲ $3,159
Total Assets$3,641,448$3,813,721▲ $172,273
Other Assets Total$368,649$280,202▼ $88,447
Liabilities
Other Liabilities$524,314$438,783▼ $85,531
Deferred Revenue$190,132$91,090▼ $99,042
Accounts Payable and Accrued Expenses$21,579$76,052▲ $54,473
Total Liabilities$736,025$605,925▼ $130,100
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,905,423$3,167,796▲ $262,373
Net Assets With Donor Restrictions-$40,000-
Total Net Assets Fund Balance$2,905,423$3,207,796▲ $302,373
Total Liabilities and Net Assets / Fund Balance$3,641,448$3,813,721▲ $172,273

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$42,149$27,329$69,478
Other Assets Org$280,202--
Other Securities$2,158--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Emily MaderoPresident & CEOFT$214,583$21,804$236,387
David StoverDirector of FinanceFT$101,283$22,728$124,011

Board Members and Trustees

NameTitle
Tim WilliamsonBoard Chair
Sharonda WilliamsBoard Vice Chair
Alana HarrisBoard Member
Andy KopplinBoard Member
Anna SumasBoard Member
Brent MccrossenBoard Member
Brittany McgovernBoard Member
Camille WhitworthBoard Member
Carol MarkowitzBoard Member
Cherrell Simms TaplinBoard Member
Courtney NeroBoard Member
David BilbeBoard Member
Elizabeth GalanteBoard Member
Howard BoydBoard Member
Ivy BarneyBoard Member
Jeff SemonesBoard Member
Jenny VorhoffBoard Member
Jerry ReyesBoard Member
Lindsey RousselBoard Member
Mark RaymondBoard Member
Matt SchwartzBoard Member
Melissa WeberBoard Member
Mike SiegelBoard Member
Rocky DufauchardBoard Member
Roger DickersonBoard Member
Ryan BergerBoard Member
Stephen DavisBoard Member
Trey ReinhardtBoard Member
Zach KuppermanBoard Member
Kenneth MorganSecretary
Amanda WaguespackTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Office Of Police Secondary EmploymentSecurity At Festival1601 PERDIDO ST BLDG H SUITE 3H1, New Orleans, LA 70112$325,156
ElementTenting For Festival4400 WOODLAND DRIVE, New Orleans, LA 70131$225,798
Messina's CateringBeverage Labor And Booth Management At F916 DAKIN ST, Jefferson, LA 70121$218,908
Fess StaffingSecurity At Festival125 WISTERIA LANE, Mandeville, LA 70448$190,435
Center Staging Of Louisiana LLCStaging At Festival1400 MONTEGUT ST, New Orleans, LA 70117$163,776
Revenue and Support

Revenue Composition

Contributions and Grants
$567,328
Program Service Revenue
$5,182,813
Investment Income
$55,640
Other Revenue
$0
All Other Contributions
$302,108
Change in Net Assets
$267,978

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,804,712
Revenue Not Reported on Financial Statements
$1,069
Revenue Not Reported on Form 990
$1,272,758
Total Revenue per Audited Statements
$7,077,470
Total Revenue per Form 990
$5,805,781
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,523,996
Salaries, Compensation, and Employee Benefits$1,013,807
Total Fundraising Expense$25,912
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$420,368$75,970$10,129$506,467
All Other Expenses$265,659$82,073$1,832$349,564
Current Officers, Directors, Trustees, and Key Employees$262,169$47,379$6,318$315,866
Advertising$204,223--$204,223
Other Expenses$175,729--$175,729
Occupancy$92,752$16,762$2,235$111,749
Other Employee Benefits$92,553$16,727$2,230$111,510
Insurance$61,262$11,072$1,476$73,810
Payroll Taxes$50,591$9,143$1,219$60,953
Information Technology$42,539--$42,539
Fees for Services Other-$27,425-$27,425
Pension Plan Contributions$15,779$2,852$380$19,011
Fees for Services Accounting-$16,376-$16,376
Depreciation Depletion$3,840$694$93$4,627
Interest-$4,248-$4,248
Fees for Service Investment Mgmnt Fees-$1,069-$1,069
Fees for Services Legal-$350-$350
Total Functional Expenses$5,199,751$312,140$25,912$5,537,803

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,775,097
Total Expenses per Form 990$5,537,803
Expenses per Audited Statements$5,536,734
Expenses Not Reported on Form 990$1,238,363
Expenses Not Reported on Financial Statements$1,069
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$288,783
Sba Loan$150,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The board of directors reviews form 990 before it is filed.”

Form 990, Part VI, Section B, Line 12C

“The president/ceo and the executive committee enforce this policy.”

Form 990, Part VI, Section B, Line 15A

“The organization uses comparable data to determine salary and the board votes on the salary.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
French Quarter Festivals Inc
EIN
72-1046163
Phone
5045225730
Address
400 NORTH PETERS ST 205, NEW ORLEANS, LA 70130

Signing Officer

Name
Emily Madero
Title
President/CEO
Phone
5045225730
Signed
2025-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Madero
Formed
1984
Legal Domicile
La
Voting Board Members
31
Independent Board Members
31
Employees
11
Volunteers
1,100

Preparer

Firm
Bourgeois Bennett LLC
Address
111 VETERANS BLVD SUITE 1700, METAIRIE, LA 70005
Preparer
Jonathan Andrew Chapman
Phone
5048314949
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“Accounting standards provide detailed guidance for financial statement recognition, measurement, and disclosures of uncertain tax positions recognized in an entity's financial statements. It requires an entity to recognize the financial statement impact of a tax position when it is more likely than not that the position will not be sustained upon examination. Tax years ended december 31, 2021 and later remain subject to examination by the taxing authorities. As of december 31, 2024, management of the organization believes that it has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 722 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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IRS990/ActivityOrMissionDesc0FRENCH QUARTER FESTIVAL IS A 501(C)3 NON-PROFIT ORGANIZATION WHOSE MISSION IS TO PROMOTE THE VIEUX CARRE AND THE CITY OF NEW ORLEANS THROUGH HIGH QUALITY SPECIAL EVENTS AND ACTIVITIES THAT SHOWCASE THE CULTURE AND HERITAGE OF THIS UNIQUE CITY, CONTRIBUTE TO THE ECONOMIC WELL BEING OF THE COMMUNITY, AND INSTILL INCREASED PRIDE IN THE PEOPLE OF NEW ORLEANS.
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IRS990/Desc0FRENCH QUARTER FESTIVAL IS THE LARGEST SHOWCASE OF LOUISIANA MUSIC IN THE WORLD. THE EVENT, WHICH CELEBRATES NEW ORLEANS' UNIQUE CULTURE, IS HOSTED ANNUALLY IN THE SPRING. THE FESTIVAL'S MISSION IS TO PROMOTE THE VIEUX CARRE AND THE CITY OF NEW ORLEANS, CONTRIBUTE TO THE ECONOMICWELL-BEING OF THE COMMUNITY, AND INSTILL AN INCREASED SENSE OF PRIDE IN THE PEOPLE OF NEW ORLEANS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt31PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR OF FINANCE
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