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The New Orleans Music Hall Of Fame Inc

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

EIN: 721178114 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is The New Orleans Music Hall Of Fame Inc?

The New Orleans Music Hall of Fame Inc, located at 625 Baronne St STE 200, New Orleans, LA 70113, is a nonprofit organization dedicated to honoring and supporting the musical, artistic, and culinary talents that have shaped New Orleans' distinctive cultural landscape. By serving as a national landmark, the organization seeks to preserve the city's rich history, particularly its role as the birthplace of jazz music. The New Orleans Music Hall of Fame aims to unify, restore, and preserve this cultural legacy while providing much-needed recognition and support to local musicians, artists, and chefs.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating. The New Orleans Music Hall Of Fame Inc has demonstrated a strong commitment to accountability and finance, as highlighted by its impressive score derived solely from these metrics. The charity's high score reflects rigorous oversight and adherence to best practices in financial management.

The organization boasts a fully independent board, which helps ensure impartial governance and decision-making. With no material diversion of assets reported and a robust conflict of interest policy in place, the charity operates under a framework that promotes transparency and ethical conduct. Its strong program expense ratio of 75.70% indicates that a significant portion of its funds directly supports its mission-related activities.

While the financial health of the organization appears solid, the summary does not provide insights into the charity's programmatic impact or community feedback. Prospective donors and supporters may want to consider additional information about the effectiveness of its programs and initiatives to gain a comprehensive view of the organization's overall impact in promoting music heritage in New Orleans.


This AI summary has been generated from information found on Charity Navigator.

Is The New Orleans Music Hall Of Fame Inc legitimate?

The New Orleans Music Hall Of Fame Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Orleans Music Hall Of Fame Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The New Orleans Music Hall Of Fame Inc?

The New Orleans Music Hall of Fame's mission is centered around unifying, restoring, and preserving the rich history and culture that has made New Orleans renowned globally as the birthplace of jazz music. Established with the intent to safeguard the city's cultural legacy, the organization aims to provide recognition and support to musicians, artists, and chefs. Furthermore, it aims to create a national landmark attraction for the city, showcasing its musical heritage and promoting its cultural significance on a broader scale.

What is the revenue of The New Orleans Music Hall Of Fame Inc?

The New Orleans Music Hall Of Fame Inc's revenue in 2020 was $30.

Who are the executives of The New Orleans Music Hall Of Fame Inc and what are their salaries?

There 3 volunteers at The New Orleans Music Hall Of Fame Inc.

Here are 3 key members and their salaries:


Michael Sherman (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd C James (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deacon John Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The New Orleans Music Hall Of Fame Inc?

The New Orleans Music Hall Of Fame Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of The New Orleans Music Hall Of Fame Inc

The New Orleans Music Hall of Fame, abbreviated as NOMHF, is committed to unifying, restoring, and preserving the rich history and culture that has established New Orleans as the birthplace of jazz music worldwide. Its mission is twofold. Firstly, the organization aims to honor the musicians, artists, and chefs who have contributed significantly to the city's cultural legacy. Secondly, NOMHF strives to create a national landmark destination in New Orleans, providing recognition and support to these individuals while showcasing the city's unique musical heritage. By executing this mission, the New Orleans Music Hall of Fame aims to celebrate and safeguard the city's invaluable musical heritage for future generations.

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Impact




October, 2024

The New Orleans Music Hall of Fame Inc plays a vital role in preserving and celebrating the rich cultural heritage of New Orleans, especially its prominence as the birthplace of jazz music. By focusing on the unification, restoration, and preservation of the city’s unique musical history, the organization fosters a deep appreciation for the artistic contributions of local musicians, artists, and chefs.

Through its efforts, it provides much-needed recognition and support to these cultural figures, ensuring that their legacies are honored and sustained. The Hall of Fame also aims to establish a national landmark destination that will attract visitors and locals alike, further embedding New Orleans’ musical legacy in the national consciousness. Overall, its impact is felt both in the local community and on a broader scale, as it helps to maintain the significance of jazz and the city’s vibrant arts scene.




This information is meant to be a general summary of The New Orleans Music Hall Of Fame Inc. 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
$30 (2020)
Expenses
$9,563 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $30

Assets and Liabilities:

  • Total Assets: $1,453,180
  • Total Liabilities: $0
  • Net Assets: $1,453,180

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Organization Details

Founding Year

2002

Principal Officer

Michael Sherman

NTEE Category

Code: A50 - Arts

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