Lyke Foundation in Montz, Louisiana (LA)

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Lyke Foundation
Employer Identification Number (EIN)272982482
Name of OrganizationLyke Foundation
In Care of NameRichard Cheri
Address102 Ann Court, Montz, LA 70068-8980
Websitehttp://lykeconference.com
SubsectionCharitable Organization
Ruling Date09/2010
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$21,473
Amount of Income$172,421
Form 990 Revenue Amount$172,421
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Arts, Cultural Organizations - Multipurpose


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Amount of income in 2012: $172,421 (it was $172,421 in 2013)
Lyke Foundation: 

 $172,421
Other organizations performing similar types of work: 

 $59,050

Assets in 2012: $21,473 (it was $21,473 in 2013)
This organization: 

 $21,473
Other organizations performing similar types of work: 

 $25,518

Expenses in 2013: $154,728
This organization: 

 $154,728
Other organizations performing similar types of work: 

 $51,518

Income to expenses ratio in 2013: 1.1
Lyke Foundation: 

 1.1
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 65.8%
Lyke Foundation: 

 65.8%
Other organizations performing similar types of work: 

 1.3%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$172,421
Contributions, gifts, grants, and similar amounts received$113,386
Program service revenue including government fees and contracts$58,915
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$120
Total expenses$154,728
Total net assets$21,473
Excess/Deficit for the year$17,693
Net assets or fund balances at beginning of year$3,780
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$21,473
Balance Sheets
2013
Total assets$21,473
Total liabilities$0
Net assets or fund balances$21,473
Other Information
2013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$110,000
Subtotal Support$113,386
Gifts, grants, contributions, and membership fees received$113,386
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$3,386
Total Support$172,421
Public Support$113,386
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$59,035
Gross receipts from related activities, etc.$172,421
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Womans Art Club Of Cincinnati Foundation6980 Cambridge Ave, Cincinnati, OH 45227-3362OH2007-03$122,085
2George Rodrigue Foundation IncPO BOX 51227, Lafayette, LA 70505-1227LA2009-07$1,026,016
3Sankofa Community Development CorporationPO BOX 771076, New Orleans, LA 70177-1076LA2009-06$336,845
4Lyke Foundation102 Ann Court, Montz, LA 70068-8980LA2010-09$172,421
5Treme Cultural Heritage Foundation1836 Bayou Rd, New Orleans, LA 70116-2206LA2003-10$147,408
6Br Walls Project451 Florida St Ste 102, Baton Rouge, LA 70801-1734LA2015-01$134,800
7Life Is Art Foundation2448 N Villere St, New Orleans, LA 70117-8361LA2009-05$129,947
8Tamale Fiesta Land Of El Camino Real IncPO BOX 246, Zwolle, LA 71486-0246LA2008-08$129,746
9Threadhead Cultural Foundation128 Sherwood Forest Dr, New Orleans, LA 70119-3717LA2009-09$55,843
10Women Of The World Foundation1406 7th St, New Orleans, LA 70115-3321LA2004-08$41,123
11Louisiana Cotton Festival Association Incorporated1293 Lee St, Ville Platte, LA 70586-6312LA2012-03$40,064
12South Louisiana Wildfowl CarversPO BOX 20725, Houma, LA 70360-0725LA1999-09$36,325
13Mesa Production Company733 Hagan Ave, New Orleans, LA 70119-4914LA2004-03$31,700
14Techeland Arts Council308 Adams St, Franklin, LA 70538LA2010-08$18,498
15Downtown Arts AllianceP O Box 2952, West Monroe, LA 71294LA2010-05$11,750
16Gulfcoast Blacksmith Assoc Inc61 Hyacinth Dr, Covington, LA 70433LA2000-02$4,235
17Treme Arts Center1939 Burgundy Street, New Orleans, LA 70116-1669LA2004-05$4,000
18Hammond Art GuildPO BOX 1213, Hammond, LA 70404-1213LA2011-10$2,702
19Brooklyn Four Plus One Inc110 Veterans Blvd Ste370, Metairie, LA 70005LA2013-04$400
20Aaron F Broussard Performing Arts Foundation1 Galleria Blvd Ste 1100, Metairie, LA 70001-7534LA2009-07$0
Number of organizations performing similar types of work
Alaska22
Alabama63
Arkansas50
Arizona135
California1,022
Colorado143
Connecticut88
District of Columbia74
Delaware13
Florida371
Georgia162
Hawaii83
Iowa63
Idaho34
Illinois240
Indiana102
Kansas48
Kentucky74
Louisiana85
Massachusetts189
Maryland133
Maine46
Michigan156
Minnesota133
Missouri129
Mississippi35
Montana33
North Carolina169
North Dakota14
Nebraska42
New Hampshire25
New Jersey180
New Mexico70
Nevada39
New York667
Ohio194
Oklahoma53
Oregon141
Pennsylvania218
Rhode Island33
South Carolina64
South Dakota17
Tennessee93
Texas380
Utah63
Virginia178
Vermont26
Washington183
Wisconsin110
West Virginia47
Wyoming10
International21
Total6,763

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