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LOUISIANA SUPERDOME MARKETING AND PROMOTIONAL FUND

Mission Statement
TO MARKET AND PROMOTE THE MERCEDES-BENZ SUPERDOME AND THE NEW ORLEANS ARENA FOR ALL THEIR INTENDED USES AND FUNCTIONS, TO ATTRACT NEW AND ADDITIONAL EVENT ACTIVITY TO THOSE FACILITIES, TO GENERATE SIGNIFICANT PERIPHERAL ECONOMIC BENEFITS FROM INCREASED CONVENTION AND TOURIST ACTIVITY AT THESE FACILITIES AND OTHER FACILITIES OWNED BY THE STATE OF LOUISIANA AND ITS POLITICAL SUBDIVISIONS, TO SUPPORT EVENTS, ACTIVITIES AND PROJECTS BENEFICIAL, ECONOMICALLY OR OTHERWISE, TO THESE FACILITIES OR THE STATE OF LOUISIANA; AND TO ENGAGE IN COOPERATIVE ECONOMIC DEVELOPMENT ACTIVITIES INTENDED TO ALLEVIATE CONDITIONS OF UNDEREMPLOYMENT, UNEMPLOYMENT AND ECONOMIC DISTRESS IN THE CITY OF NEW ORLEANS.

Formed 1983. The IRS granted this nonprofit coporation 501(c) status in August of 1986. Its accounting period ends in June.

Tax Code Designation: 501(c)(6)

Contributions are not tax deductible.

Tax Returns for Louisiana Superdome Marketing And Promotional Fund

Form 990 2014 Full Details

Tax Year: 2014 (2014-07-01 - 2015-06-30)

Revenue Breakdown

Contributions: $0

Investment Income: $0

Other Revenue: $-769,720


Total Revenue
$1,629,926

Expenses Breakdown

Grants and Similiar: $0

Member Benefits: $0

Salaries, other compensation, and employee benefits: $0

Other Expenses: $3,910,415


Total Expenses
$3,910,415

Assets

Initial Net Assets or Fund Balances: $-5,321,795

Deficit (Revenue - Expenses): $-2,280,489

Total Liabilities $20,936,052


Final Net Assets or Fund Balances:

$-7,602,284

Top Program Service Accomplishments

Expenses: $0
Revenue: $0

THE ORGANIZATION HAS UNDERTAKEN THE DEVELOPMENT AND MANAGEMENT OF THE PEDESTRIAN MALL ADJACENT TO THE MERCEDES-BENZ SUPERDOME IN NEW ORLEANS, KNOWN AS CHAMPIONS SQUARE AS PART OF AN ECONOMIC DEVELOPMENT ACTIVITY WITH THE LOUISIANA STADIUM AND EXPOSITION DISTRICT, A GOVERNMENTAL ENTITY OF THE STATE OF LOUSIANA.

Form 990 2013 Full Details

Tax Year: 2013 (2013-07-01 - 2014-06-30)

Revenue Breakdown

Contributions: $0

Investment Income: $0

Other Revenue: $-781,385


Total Revenue
$1,451,496

Expenses Breakdown

Grants and Similiar: $0

Member Benefits: $0

Salaries, other compensation, and employee benefits: $0

Other Expenses: $3,642,851


Total Expenses
$3,642,851

Assets

Initial Net Assets or Fund Balances: $-3,130,440

Deficit (Revenue - Expenses): $-2,191,355

Total Liabilities $19,177,206


Final Net Assets or Fund Balances:

$-5,321,795

Top Program Service Accomplishments

Expenses: $0
Revenue: $0

THE ORGANIZATION HAS UNDERTAKEN THE DEVELOPMENT AND MANAGEMENT OF THE PEDESTRIAN MALL ADJACENT TO THE MERCEDES-BENZ SUPERDOME IN NEW ORLEANS, KNOWN AS CHAMPIONS SQUARE AS PART OF AN ECONOMIC DEVELOPMENT ACTIVITY WITH THE LOUISIANA STADIUM AND EXPOSITION DISTRICT, A GOVERNMENTAL ENTITY OF THE STATE OF LOUSIANA.

Form 990 2012 Full Details

Tax Year: 2012 (2012-07-01 - 2013-06-30)

Revenue Breakdown

Contributions: $0

Investment Income: $0

Other Revenue: $-495,627


Total Revenue
$1,279,073

Expenses Breakdown

Grants and Similiar: $0

Member Benefits: $0

Salaries, other compensation, and employee benefits: $0

Other Expenses: $3,146,069


Total Expenses
$3,146,069

Assets

Initial Net Assets or Fund Balances: $-1,263,444

Deficit (Revenue - Expenses): $-1,866,996

Total Liabilities $18,042,061


Final Net Assets or Fund Balances:

$-3,130,440

Top Program Service Accomplishments

Expenses: $0
Revenue: $0

THE ORGANIZATION HAS UNDERTAKEN THE DEVELOPMENT AND MANAGEMENT OF THE PEDESTRIAN MALL ADJACENT TO THE MERCEDES-BENZ SUPERDOME IN NEW ORLEANS, KNOWN AS CHAMPIONS SQUARE AS PART OF AN ECONOMIC DEVELOPMENT ACTIVITY WITH THE LOUISIANA STADIUM AND EXPOSITION DISTRICT, A GOVERNMENTAL ENTITY OF THE STATE OF LOUSIANA.

Form 990 2011 Full Details

Tax Year: 2011 (2011-07-01 - 2012-06-30)

Revenue Breakdown

Contributions: $0

Investment Income: $53

Other Revenue: $-70,502


Total Revenue
$1,730,614

Expenses Breakdown

Grants and Similiar: $0

Member Benefits: $0

Salaries, other compensation, and employee benefits: $0

Other Expenses: $2,396,783


Total Expenses
$2,396,783

Assets

Initial Net Assets or Fund Balances: $-597,275

Deficit (Revenue - Expenses): $-666,169

Total Liabilities $16,195,581


Final Net Assets or Fund Balances:

$-1,263,444

Top Program Service Accomplishments

Expenses: $0
Revenue: $0

THE ORGANIZATION HAS UNDERTAKEN THE DEVELOPMENT AND MANAGEMENT OF THE ENTERTAINMENT DISTRICT ADJACENT TO THE MERCEDES-BENZ SUPERDOME IN NEW ORLEANS, KNOWN AS CHAMPIONS SQUARE AS PART OF AN ECONOMIC DEVELOPMENT ACTIVITY WITH THE LOUISIANA STADIUM AND EXPOSITION DISTRICT, A GOVERNMENTAL ENTITY OF THE STATE OF LOUSIANA.

Form 990 2010 Full Details

Tax Year: 2010 (2010-07-01 - 2011-06-30)

Revenue Breakdown

Contributions: $0

Investment Income: $300

Other Revenue: $-9,067


Total Revenue
$589,346

Expenses Breakdown

Grants and Similiar: $0

Member Benefits: $0

Salaries, other compensation, and employee benefits: $54,300

Other Expenses: $1,325,028


Total Expenses
$1,379,328

Assets

Initial Net Assets or Fund Balances: $192,707

Deficit (Revenue - Expenses): $-789,982

Total Liabilities $15,987,368


Final Net Assets or Fund Balances:

$-597,275

Top Program Service Accomplishments

Expenses: $0
Revenue: $0

THE ORGANIZATION HAS UNDERTAKEN THE DEVELOPMENT AND MANAGEMENT OF THE ENTERTAINMENT VENUE ADJACENT TO THE MERCEDES-BENZ SUPERDOME, KNOWN AS CHAMPIONS SQUARE.

Form 990EZ 2009 Full Details

Tax Year: 2009 (2009-07-01 - 2010-06-30)

Revenue Breakdown

Contributions: $0

Program Service Revenue: $0

Membership Dues: $0

Investment Income $985

Sales of assets: $0

Gaming Revenue: $0

Fundrasing Revenue: $0

Inventory Sales: $0

Other Revenue: $0


Total Revenue
$985

Expenses Breakdown

Grants and Similiar Paid: $0

Benefits Paid to or for Members: $0

Salaries, Other Compensation, and Employee Benefits: $0

Occupancy, rent, utilities, and maintenance: $0

Professional fees and other payments to independent contractors: $3,500

Printing, Publications, Postage, and Shipping: $0

Cost or other basis and sales expenses: $0

Special Events (Gaming & Fundrasing) Direct Expenses: $0

Cost of Inventory Goods: $0

Other Expenses: $544,928


Total Expenses
$548,428

Assets

Excess or Deficit for the Year : $-547,443

Initial Net Assets or Fund Balances: $740,150

Gain or (loss) from sale of assets other than inventory: $0

Special Events Net: $0

Inventory Sales Net: $0

Other changes in net assets or fund balances: $0

Net assets or fund balances at end of year: $192,707


Final Net Assets or Fund Balances:

$0

Balance Sheets BoY EoY
Savings & Investments $740,150 $740,150
Total Assets $740,150 $192,707
Net Assets $740,150 $192,707

Top Program Service Accomplishments

  • $0 in expenses for To attract new and additional event activity that will stimulate the general economy within the Superdome marketing area and the state of Louisiana.
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Source: http://www.charityscout.org/nonprofit/58-1658733/louisiana-superdome-marketing-and-promotional-fund