RED RIVER REVEL ARTS FESTIVAL

EIN: 720953274 501(c)(3) Arts, Culture & Humanities

SHREVEPORT, LA

Total Revenue
$1,727,277
Total Expenses
$1,937,368
Total Assets
$380,830
Net Assets
$347,315
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
LA
Principal Officer
LOGAN LEWIS
Phone
3184244000
Tax Period
2024-01-01 to 2024-12-31

RED RIVER REVEL ARTS FESTIVAL, founded in 1976, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

THE MISSION OF THE FESTIVAL IS TO PROVIDE THE GENERAL POPULACE A CELEBRATION OF THE FINEST VISUAL AND PERFORMING ARTS EXPERIENCES.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $639,063
Program Service Revenue $1,028,739
Investment Income $39,960
Other Revenue $19,515
TOTAL REVENUE $1,727,277

Expense Breakdown

Grants Paid $0
Salaries & Benefits $154,913
Fundraising Expenses $0
Program Expenses $1,646,686
Other Expenses $1,782,455
TOTAL EXPENSES $1,937,368

Year-over-Year Comparison

2024 2023 Change
Revenue $1,727,277 $1,535,693 +0.1%
Expenses $1,937,368 $1,700,374 +0.1%
Net Income $-210,091 $-164,681 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
16
Employees
2
Volunteers
1150

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
2
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX PERSON AT LARGE MEMBER 1.00
Director
$0 $0 $0
AMY OSTENDORFF AT LARGE MEMBER 1.00
Director
$0 $0 $0
BOBBY SMITH DIRECTOR 1.00
Director
$0 $0 $0
CONNIE HAYES DIRECTOR 1.00
Director
$0 $0 $0
DOMINIC SALINAS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
EMILY WELCH AT LARGE MEMBER 1.00
Director
$0 $0 $0
HARRIETT BODDIE AT LARGE MEMBER 1.00
Director
$0 $0 $0
JOHN HOUSTON AT LARGE MEMBER 1.00
Director
$0 $0 $0
MARIE JOHNSON-WATTS AT LARGE MEMBER 1.00
Director
$0 $0 $0
MARK MISSILDINE AT LARGE MEMBER 1.00
Director
$0 $0 $0
MEGAN DELGADO AT LARGE MEMBER 1.00
Director
$0 $0 $0
SARAH SOUR GARRETT TREASURER 1.00
Officer Director
$0 $0 $0
THOMAS DUBOIS AT LARGE MEMBER 1.00
Director
$0 $0 $0
SHELVIA GRANT DAVIS AT LARGE MEMBER 1.00
Director
$0 $0 $0
CHARLES HYMES AT LARGE MEMBER 1.00
Director
$0 $0 $0
JOHN DAVID PERSON AT LARGE MEMBER 1.00
Director
$0 $0 $0
KEZIA SWINNEY AT LARGE MEMBER 1.00
Director
$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
2024 $1,727,277 $1,937,368 $380,830 $-210,091
2023 $1,535,693 $1,700,374 $605,835 $-164,681
2022 $1,584,257 $1,669,066 $760,202 $-84,809
2021 $1,819,546 $1,272,475 $880,187 $547,071
2020 $228,168 $306,228 $431,706 $-78,060
2018 $1,391,108 $1,493,938 $325,356 $-102,830
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