Civic Intelligence

Material Institute

EIN 86-1834083 • 501(c)3 • New Orleans, LA

Profile

The material institute is a non-profit arts center in the 9th ward of new orleans that expands access to resources for a new generation of new orleans artists in the fields of music, fashion, and gardening.

2120 Port StreetNew Orleans, LA 70117

www.materialinstitute.org

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

77th percentile

24%

Higher net margin than 77% of similar nonprofits.

501(c)3 • $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

Score unavailable

No value available

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

Annualized from 2022 to 2024

Revenue Growth

Score unavailable

No value available

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

Annualized from 2022 to 2024

Assets

Up

$821,228

Up $656,102 (+397%) from 2023

Liabilities

Down

$0

Down $11,616 (-100%) from 2023

Net Assets

Up

$821,228

Up $667,718 (+435%) from 2023

Revenue

Up

$2,771,205

Up $1,799,213 (+185%) from 2023

Expenses

Up

$2,103,487

Up $1,285,005 (+157%) from 2023

Net Income

Up

$667,718

Up $514,208 (+335%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $165,126Liabilities 2023: $11,616Net Assets 2023: $153,5102023Assets 2024: $821,228Liabilities 2024: $0Net Assets 2024: $821,2282024

Highlighted filing

2024

Assets$821,228
Liabilities$0
Net Assets$821,228

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $971,992Expenses 2023: $818,482Net Income 2023: $153,5102023Revenue 2024: $2,771,205Expenses 2024: $2,103,487Net Income 2024: $667,7182024

Highlighted filing

2024

Revenue$2,771,205
Expenses$2,103,487
Net Income$667,718

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$2,771,205
Mission and Program Overview

Mission

Organization was formed to support free, creative learning opportunities in the 9th ward of new orleans. The programs run from a central campus on port street. It employs teachers (wherever possible, from the local community) to lead workshops and training sessions in a variety of fields, including gardening, cooking, music recording and production, digital arts, design, fashion and the creative arts.

The material institute is a non-profit arts center in the 9th ward of new orleans that expands access to resources for a new generation of new orleans artists in the fields of music, fashion, and gardening.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$153,510$821,228▲ $667,718
Land, Buildings, and Equipment, Net$145,408$562,529▲ $417,121
Cash and Non-Interest-Bearing Accounts$19,718$245,937▲ $226,219
Accounts Receivable-$186-
Total Assets$165,126$821,228▲ $656,102
Other Assets Total-$12,576-
Liabilities
Grants Payable$10,000--
Accounts Payable and Accrued Expenses$1,616--
Total Liabilities$11,616$0▼ $11,616
Net Assets / Fund Balance
Total Net Assets Fund Balance$153,510$821,228▲ $667,718
Total Liabilities and Net Assets / Fund Balance$165,126$821,228▲ $656,102

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$429,847$5,132-
Land$66,974--
Equipment$65,708$8,491-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nathalie SimonExecutive DirectorFT$95,643$4,251$99,894

Board Members and Trustees

NameTitle
John NorwoodPresident & Secretary
Beth LambertBoard Member
Patrick KellyBoard Member
Kirsha KaecheleFounder & Board Member
Hugh LambertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,760,893
Program Service Revenue
$10,312
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,760,893
Change in Net Assets
$667,718
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,536,236
Other Expenses$565,154
Grants and Similar Amounts Paid$2,097
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,031,114$232,852-$1,263,966
Other Expenses$174,125$5,707-$179,832
Occupancy$88,101$38,040-$126,141
Current Officers, Directors, Trustees, and Key Employees$81,522$18,372-$99,894
Other Employee Benefits$74,560$16,033-$90,593
Fees for Services Other$88,823$1,500-$90,323
Payroll Taxes$62,653$19,130-$81,783
Insurance$31,048$1,211-$32,259
Information Technology$3,326$19,698-$23,024
All Other Expenses$10,496$3,008-$13,504
Depreciation Depletion-$12,697-$12,697
Conferences and Meetings$7,810$3,572-$11,382
Travel$9,152$917-$10,069
Office Expenses$9,769$87-$9,856
Fees for Services Legal-$3,246-$3,246
Grants to Domestic Orgs$2,097--$2,097
Advertising$210$1,397-$1,607
Fees for Services Accounting-$569-$569
Total Functional Expenses$1,696,623$406,864$0$2,103,487
International Activity

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificFund-raising ActivitiesDonation Received---
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
John Orgon Roofless LLCEmployeeBuilding Leased From EmployeeNo$80,620
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
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

Officer directors etc family relationship Part VI line 2

Hugh lambert and beth lambert are married.

Governing body meeting documentation Part VI line 8A

The organization will record meeting minutes for all future board meetings.

Committee meeting documentation Part VI line 8B

The organization will record meeting minutes for all future commitee meetings.

Form 990 governing body review Part VI line 11

The board of directors reviews the form 990 prior to filing.

Conflict of interest policy compliance Part VI line 12C

Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person has received, read, and agrees to comply with the conflict of interest policy. The organization periodically reviews its conflict of interest policy.

CEO executive director top management comp Part VI line 15A

The members of the advisory board made the decision regarding the executive directors compensation. The compensation of the executive director was determined through benchmarking externally as well as determination of fair compensation for the skills and qualifications of the candidate.

Governing documents etc available to public Part VI line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Material Institute
EIN
86-1834083
In Care Of
% LAURA STEIN
Phone
2252482122
Address
2120 PORT STREET, NEW ORLEANS, LA 70117

Signing Officer

Name
Laura Stein
Title
Interim Executive Directo
Phone
2252482122
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2020
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
160

Preparer

Firm
Corcoran & Bernard CPAs LLC
Address
132 N Telemachus Street, New Orleans, LA 70119
Preparer
Amy Corcoran
Phone
5043721504
Supplemental Narrative

Additional Explanations

Part V response or note to any other line in Part V

Material institute uses a professional employment organization for its payroll services. As such, all payroll filings are reported under the name and ein of the professional employment organization. Material institute has reported 0 as the number of employees in part v, line 2a.

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IRS990/ProgSrvcAccomActy2Grp/Desc0MATERIAL INSTITUTES FASHION & TEXTILES (F&T) DEPARTMENT IS A ONE-YEAR CURRICULUM-BASED DESIGN FOUNDATION TAUGHT BY A TEAM OF FASHION DESIGNERS, ARTISTS, AND INDUSTRY PROFESSIONALS. THE PROGRAM EMPHASIZES CONSCIOUS MATERIAL PRACTICES; HANDMADE TEXTILES ARE IMPLEMENTED AND ENCOURAGED THROUGH EXPERIMENTATION IN BOTH TRADITIONAL TECHNIQUES AND CONTEMPORARY TECHNOLOGIES. IN 2024, THE PROGRAM GRADUATED 13 PARTICIPANTS FROM THE CURRICULUM-BASED PROGRAM. TWO GRADUATES WENT ON TO PURSUE POSTSECONDARY EDUCATION IN FASHION, INCLUDING ONE AT THE WORLD RENOWNED FASHION INSTITUTE OF TECHNOLOGY IN NEW YORK CITY. THE PROGRAM HOSTED TWO INDUSTRY PANELS MADE UP OF 5 INDUSTRY EXPERTS TO PROVIDE FEEDBACK AND CRITIQUE TO THE FASHION PARTICIPANTS END-OF-YEAR PORTFOLIO. F&T HOSTED WORLD RENOWNED WEST AFRICAN TEXTILE AND DYE ARTIST, ABOUBAKAR FOFANA, FOR AN INDIGO DYE WORKSHOP AND ARTIST TALK. THE PROGRAM ALSO PARTNERED WITH HOTEL ST. VINCENT TO HOST AN ARTIST TALK WITH DESIGNERS, DIOTIMA X ZANKOV. IN 2024, 51 PEOPLE ATTENDED PUBLIC WORKSHOPS ON MARIGOLD DYE, BUCKET HATS, T-SHIRTS, HOODIES, AND BEADING AND EMBELLISHMENTS. THE PROGRAM EMPLOYED A DEPARTMENT CHAIR, PROGRAM MANAGER, STUDIO DIRECTOR, LEAD INSTRUCTOR, AND PROGRAM ADMINISTRATOR, ALL OF WHOM ARE FULL-TIME, AND ONE PART-TIME HAND-STITCH INSTRUCTOR/OPEN STUDIO MANAGER.
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IRS990/ProgSrvcAccomActy3Grp/Desc0MATERIAL INSTITUTE MUSIC EXPANDS NEW ORLEANS ARTISTS ACCESS TO A RECORDING STUDIO, MUSIC EDUCATION, AND PROFESSIONAL DEVELOPMENT THROUGH COST-FREE PROFESSIONAL RECORDING SESSIONS, A MUSIC LAB AND LIBRARY, WORKSHOPS, AND A RECORDING ARTIST RESIDENCY PROGRAM. IN 2024, THE RECORDING STUDIO RECORDED SINGLES/PROJECTS FOR 64 INDIVIDUAL ARTISTS/GROUPS; SERVED 146 PEOPLE THROUGH PUBLIC WORKSHOPS AND TALKS; DEVELOPED 6 ARTISTS IN THE RECORDING ARTIST RESIDENCY; AND, HOSTED THE ANNUAL MI MUSIC SHOWCASE REACHING 150 AUDIENCE MEMBERS. MUSIC OPERATES 6 DAYS A WEEK FROM THE ORGANIZATIONS HEADQUARTERS AT 2120 PORT STREET. THE PROGRAM EMPLOYS A FULL-TIME PROGRAM DIRECTOR, A FULL-TIME PROGRAM COORDINATOR, A FULL-TIME AUDIO ENGINEER, A PART-TIME AUDIO ENGINEER, AND A PART-TIME MUSIC LAB MANAGER.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE MI MANUFACTURING PROGRAM SERVES AS A TEACHING MODEL WITHIN THE FASHION & TEXTILES DEPARTMENT, PROVIDING STUDENTS WITH HANDS-ON EXPERIENCE IN RESEARCH-DRIVEN PRODUCT DEVELOPMENT AND SMALL-SCALE PRODUCTION WITHIN THE LUXURY FASHION MARKET. THE DEPARTMENTDEVELOPED PROTOTYPES IN COLLABORATION WITH FACTORIES AND ARTISANS, WITH COSTS VARYING BASED ON DESIGN COMPLEXITY. PROJECTS INCLUDED EMBROIDERED T-SHIRTS, WOVEN JACQUARD LABELS, CUSTOM FABRICS, SMALL BAGS, DUSTER BAGS, AND KNIT SWEATERS. FINISHED PRODUCTS WERE DISTRIBUTED TO STAFF, ALUMNI, AND COMMUNITY SUPPORTERS AS LEARNING TOOLS AND EXAMPLES OF HIGH-END CRAFTSMANSHIP,FOSTERING DIALOGUE AROUND DESIGN PROCESS, QUALITY, AND INNOVATION. NO PROFIT, SALE, OR TRANSACTION OCCURRED IN THE END USE OF THE PRODUCTS.
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0DONATION RECEIVED
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0FUND-RAISING ACTIVITIES
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JOHN ORGON ROOFLESS LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EMPLOYEE
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0BUILDING LEASED FROM EMPLOYEE
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PAID RENT AT FAIR MARKET VALUE TO ROOFLESS LLC. ROOFLESS LLC IS OWNED BY JOHN ORGON, AN EMPLOYEE OF THE ORGANIZATION.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Supplemental Information for Schedule L
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HUGH LAMBERT AND BETH LAMBERT ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION WILL RECORD MEETING MINUTES FOR ALL FUTURE BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION WILL RECORD MEETING MINUTES FOR ALL FUTURE COMMITEE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED, READ, AND AGREES TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION PERIODICALLY REVIEWS ITS CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MEMBERS OF THE ADVISORY BOARD MADE THE DECISION REGARDING THE EXECUTIVE DIRECTORS COMPENSATION. THE COMPENSATION OF THE EXECUTIVE DIRECTOR WAS DETERMINED THROUGH BENCHMARKING EXTERNALLY AS WELL AS DETERMINATION OF FAIR COMPENSATION FOR THE SKILLS AND QUALIFICATIONS OF THE CANDIDATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MATERIAL INSTITUTE USES A PROFESSIONAL EMPLOYMENT ORGANIZATION FOR ITS PAYROLL SERVICES. AS SUCH, ALL PAYROLL FILINGS ARE REPORTED UNDER THE NAME AND EIN OF THE PROFESSIONAL EMPLOYMENT ORGANIZATION. MATERIAL INSTITUTE HAS REPORTED 0 AS THE NUMBER OF EMPLOYEES IN PART V, LINE 2A.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part V response or note to any other line in Part V
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURA STEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0INTERIM EXECUTIVE DIRECTO
ReturnHeader/BusinessOfficerGrp/PhoneNum02252482122
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MATERIAL INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0MATE
ReturnHeader/Filer/EIN0861834083
ReturnHeader/Filer/InCareOfNm0% LAURA STEIN
ReturnHeader/Filer/PhoneNum02252482122
ReturnHeader/Filer/USAddress/AddressLine1Txt02120 PORT STREET
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0821276091
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Corcoran & Bernard CPAs LLC

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