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Mystic Krewe Of Nyx

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 451432800 ✦ New orleans, LA ✦ Designated as a 501(c)(7)

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Overview

What is Mystic Krewe Of Nyx?

The Mystic Krewe of Nyx is a nonprofit organization based in New Orleans, Louisiana, specifically at 2727 Lafitte St. Established with membership dues and assessments, its primary mission is to organize and finance the Mardi Gras parade and carnival for the entertainment and cultural enhancement of New Orleans citizens and visitors from surrounding parishes and beyond. To achieve this, the organization pools its funds to put together an annual event that brings joy and cultural richness to the community. With a modest workforce of three individuals, Mystic Krewe of Nyx plays an essential role in celebrating the vibrant Mardi Gras tradition in New Orleans.


Official website here: www.kreweofnyx.org

Is Mystic Krewe Of Nyx legitimate?

Mystic Krewe Of Nyx is a legitimate nonprofit organization registered as a 501(c)(7) entity. Mystic Krewe Of Nyx submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $138,111
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kreweofnyx.org

What is the mission statement of Mystic Krewe Of Nyx?

The Mystic Krewe of Nyx's mission is primarily focused on raising funds through membership dues and assessments. This financial support allows the organization to organize and stage the Mardi Gras parade and carnival. The main objective is to provide entertainment and contribute to the cultural enhancement of the citizens of New Orleans, Louisiana, as well as visitors from surrounding parishes and out of state. This annual event serves to bring joy and celebration to the general public.


Official website here: www.kreweofnyx.org

Who is the CEO of Mystic Krewe Of Nyx?

Julie Lea is the President/Captain of Mystic Krewe Of Nyx.


Official website here: www.kreweofnyx.org

What is the revenue of Mystic Krewe Of Nyx?

Mystic Krewe Of Nyx's revenue in 2022 was $132,350.


Official website here: www.kreweofnyx.org

Who are the executives of Mystic Krewe Of Nyx and what are their salaries?

The average compensation at Mystic Krewe Of Nyx during 2022 was $46,037. There are 3 employees and 213 volunteers at Mystic Krewe Of Nyx.


Here are 3 key members and their salaries:


Julie Lea (President/Captain)
  • Compensation: $91,634
  • Related: $0
  • Other: $0
Lori Seuzeneau (Co-Captain)
  • Compensation: $35,078
  • Related: $0
  • Other: $0
Marlene Trainor (Treasurer)
  • Compensation: $15,700
  • Related: $0
  • Other: $0


Official website here: www.kreweofnyx.org

Where can I find the form 990 for Mystic Krewe Of Nyx?

Mystic Krewe Of Nyx's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kreweofnyx.org

Learn more at the official website: www.kreweofnyx.org

Mission Statement of Mystic Krewe Of Nyx

Mystic Krewe of Nyx, a prominent organization, relies on membership dues and assessments to fund its activities. Its primary mission is to organize and finance the Mardi Gras parade and carnival, providing entertainment and cultural enrichment for the citizens of New Orleans, Louisiana, neighboring parishes, and out-of-state visitors. This annual event is a significant contribution to the community, bringing joy and celebration to a wide audience. The Krewe's efforts contribute to the overall well-being of the public, making Mardi Gras a cherished tradition.

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Impact




October, 2024

The Mystic Krewe of Nyx plays a crucial role in New Orleans' vibrant cultural landscape, particularly during the Mardi Gras season. By organizing parades and carnival festivities, it fosters a sense of community and provides entertainment for locals and visitors alike. The parades not only highlight the city's rich traditions but also enhance civic pride and social interactions among participants and spectators.

The Krewe’s activities support local economies by attracting tourists, thereby contributing to the financial health of businesses in the area. The creativity and artistry displayed in the parades serve to celebrate and preserve New Orleans' unique cultural heritage, making them an integral part of the city's identity. Involving residents and visitors in these festivities promotes inclusivity and highlights the importance of cultural engagement, enriching the lives of those who attend and participate.




This information is meant to be a general summary of Mystic Krewe Of Nyx. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$132,350 (2022)
Expenses
$544,031 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $372
  • Program Service Revenue: $119,189
  • Gross Receipts: $258,360

Assets and Liabilities:

  • Total Assets: $2,418,629
  • Total Liabilities: $717,908
  • Net Assets: $1,700,721

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PARADE REVENUE

Revenue

$119,189

Organization Details

Founding Year

2011

Principal Officer

Julie Lea

Main Address

2727 LAFITTE ST, NEW ORLEANS, LA, 70119

NTEE Category

Code: N50 - Recreation

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