Public Charity

MATERIAL INSTITUTE

MATERIAL INSTITUTE, of NEW ORLEANS, LA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.8M in revenue, $2.1M in expenses, $821K in total assets.

EIN: 861834083 NEW ORLEANS, LA Humanities NTEE: A70 Latest filing: 2024
Total Revenue$2.8M
Total Expenses$2.1M
Total Assets$821K
Grant Records0
Filing Years2021–2024

Mission

THE MATERIAL INSTITUTE IS A NON-PROFIT ARTS CENTER IN THE 9TH WARD OF NEW ORLEANS THAT EXPANDS ACCESS TO RESOURCES FOR A NEW GENERATION OF NEW ORLEANS ARTISTS IN THE FIELDS OF MUSIC, FASHION, AND GARDENING.

Where $100 goes at Material Institute

How Material Institute divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$82 Programs the work itself
$18 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $82 for programs

$28
The 24 carrot garden program provides gardening and culinary arts programming to teach community members how to grow, eat, and cook nutritious foods
34% of program spending · Reported in the filing: 26 youth; 13 people; 160 volunteers
$27
Material institutes fashion & textiles (f&t) department is a one-year curriculum-based design foundation taught by a team of fashion designers, artists, and industry professionals
33% of program spending · Reported in the filing: 13 participants; 51 people
$26
Material Institute music expands New Orleans artists access to a recording studio, music education, and professional development through cost-free professional recording sessions, a music lab and library, workshops…
32% of program spending · Reported in the filing: 146 people; 150 members

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Beth Lambert
TREASURER Hugh Lambert
PRESIDENT & SECRETARY John Norwood
FOUNDER & BOARD MEMBER Kirsha Kaechele
EXECUTIVE DIRECTOR Nathalie Simon
BOARD MEMBER Patrick Kelly

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $2.8M $2.1M $821K
2023 $972K $818K $165K
2022 — — —
2021 — — —

Between 2023 and 2024, reported annual revenue grew from $972K to $2.8M (+185%), with total assets most recently reported at $821K.

Interactive year-over-year charts and full filing details available with membership.

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