Delta Festival Ballet

EIN: 237057459 501(c)(3) Arts, Culture & Humanities

Metairie, LA

Total Revenue
$203,052
Total Expenses
$330,347
Total Assets
$169,472
Net Assets
$169,472
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
LA
Principal Officer
Joseph Giacobbe
Phone
5048880931
Tax Period
2023-07-01 to 2024-06-30

Delta Festival Ballet, founded in 1969, is a small nonprofit in the Arts, Culture & Humanities sector that reported $203K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $330K exceeded revenue, resulting in a 63% operating deficit.

Mission

The mission of Delta Festival Ballet is to foster an appreciation of the ballet art form in the Greater New Orleans area and throughout Louisiana. To achieve this mission, Delta Festival Ballet will:

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,907
Program Service Revenue $85,610
Investment Income $0
Other Revenue $112,535
TOTAL REVENUE $203,052

Expense Breakdown

Grants Paid $0
Salaries & Benefits $51,511
Fundraising Expenses $0
Program Expenses $231,011
Other Expenses $278,836
TOTAL EXPENSES $330,347

Year-over-Year Comparison

2023 2022 Change
Revenue $203,052 $267,533 -0.2%
Expenses $330,347 $293,651 +0.1%
Net Income $-127,295 $-26,118 +3.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
54
Volunteers
60

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joan Patrick President 1.00
Officer
$0 $0 $0
Virginia LaHatte Board member 1.00
Director
$0 $0 $0
Charles Schlosser Board member 1.00
Director
$0 $0 $0
Jeffrey Surcouf Board member 1.00
Director
$0 $0 $0
Linda Fried Board member 1.00
Director
$0 $0 $0
Pamela Martin Board member 1.00
Director
$0 $0 $0
JoAnn Neumann Board member 1.00
Director
$0 $0 $0
Michelle Smolinski Board member 1.00
Director
$0 $0 $0
Peter Stedman Board member 1.00
Director
$0 $0 $0
Jessica Van Vrancken Secretary 1.00
Officer
$0 $0 $0
Lynn Fry Board Member 1.00
Director
$0 $0 $0
Jason Brown Board member 1.00
Director
$0 $0 $0
Laura Hornaday Vice President 1.00
Officer
$0 $0 $0
Kayne Stewart Treasurer 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $203,052 $330,347 $169,472 $-127,295
2023 $267,533 $293,651 $296,152 $-26,118
2022 $359,607 $309,346 $321,110 $50,261
2021 $232,214 $154,324 $269,349 $77,890
Explore More Nonprofits
Top 100 Nonprofits in Louisiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Delta Festival Ballet with other nonprofits in Louisiana and across the country.