2026-09-02T13:04:37-05:00 2025-12-31 720870824 WEGMANN DAZET APC 111 VETERANS BLVD SUITE 1600 METAIRIE LA 70005 990 2025-01-01 272910626 PRESERVATION HALL FOUNDATION INC PRES 5045222841 726 SAINT PETER STREET NEW ORLEANS LA 70116 JEANETTE JAFFE TREASURER 5045222841 2026-09-02 1 VALERIE LOWRY P01266145 5048378844 2025 JEANETTE JAFFE 726 SAINT PETER STREET NEW ORLEANS LA 70116 3699028 0 X WWW.PRESHALLFOUNDATION.ORG X 2011 LA PRESERVATION HALL FOUNDATION PROTECTS, PRESERVES, AND PERPETUATES NEW ORLEANS MUSIC THROUGH ENGAGING AND SUPPORTING MUSICIANS; PROVIDING SUPPORT AND SERVICES TO ELDER MEMBERS OF OUR COLLECTIVE; CONSERVING AND SHARING JAZZ MUSIC ARCHIVES AND SPACES; PROVIDING EDUCATIONAL EXPERIENCES FOR STUDENTS, FAMILIES AND THE GENERAL PUBLIC; AND GRANTMAKING TO RECOGNIZE MERIT AND/OR ALLEVIATE NEED. 11 9 42 11 0 0 3820434 3161349 201150 233684 216921 56647 -157889 -188546 4080616 3263134 392425 321021 0 0 944415 1035055 0 0 1116576 1936830 1789953 3273670 3146029 806946 117105 9268903 9381617 4784801 4789895 4484102 4591722 X PRESERVATION HALL FOUNDATION PROTECTS, PRESERVES, AND PERPETUATES NEW ORLEANS MUSIC THROUGH ENGAGING AND SUPPORTING MUSICIANS; PROVIDING SUPPORT AND SERVICES TO ELDER MEMBERS OF OUR COLLECTIVE; CONSERVING AND SHARING JAZZ MUSIC ARCHIVES AND SPACES; PROVIDING EDUCATIONAL EXPERIENCES FOR STUDENTS, FAMILIES AND THE GENERAL PUBLIC; AND GRANTMAKING TO RECOGNIZE MERIT AND/OR ALLEVIATE NEED. 0 0 594048 241680 EDUCATION: PRIMARY ACTIVITY OF FOUNDATION IS DEVELOPING AND PRODUCING EDUCATON ACTIVITIES AND CONTENT FOCUSED ON TRADITIONAL NEW ORLEANS JAZZ. THE TWO MAIN EDUCATION PROGRAMS ARE KIDS IN THE HALL, A LIVE FIELD TRIP EXPERIENCE, AND PRES HALL LESSONS, OUR FREE ONLINE RESOURCE WITH ORIGINAL LESSON PLANS FOR K-12 TEACHERS. 252261 12600 COMMUNITY ENGAGEMENT: EXTENDS TRADITIONAL JAZZ MUSIC AND CULTURE OUTSIDE OF NEW ORLEANS. ACTIVITIES INCLUDE FREE PERFORMANCES AT SCHOOLS, LIBRARIES AND OTHER PUBLIC SPACES AS WELL AS LECTURES AND MASTER CLASSES IN ACADEMIC AND PROFESSIONAL SETTINGS. THE LONG-TERM GOAL IS TO CONTRIBUTE TO THE LARGER BODY OF KNOWLEDGE AND PRACTICE THAT PROTECTS THE TRANSMISSION OF LOCAL CULTURAL TRADITIONS WORLDWIDE. 497528 308421 LEGACY: PROGRAM TO SUPPORT ELDER MUSICIANS (60 YEARS AND OLDER) THAT ARE REGULAR PERFORMERS AND EDUCATORS AT PRESERVATION HALL. DURING COVID AND AFTERMATH OF HURRICANE IDA, THE LEGACY PROGRAM EXPANDED TO PROVIDE EMERGENCY RELIEF GRANTS AND OTHER SUPPORT TO NEARLY 100 INDIVIDUALS, TRADITIONAL BANDS, AND ORGANIZATIONS. 358019 ARCHIVES: THE FOUNDATION MAINTAINS AND BUILDS A LIVING ARCHIVE AND COLLECTION THAT DOCUMENTS THE STORY OF THE PRESERVATION HALL VENUE, COMMUNITY AND LIVES OF ITS MUSICIANS. A LARGE PART OF THE ARCHIVES PROGRAM IS TO CREATE NEW DIGITAL CONTENT IN THE FORM OF VIDEO AND AUDIO RECORDINGS TO CAPTURE THE VIBRANT PRESENT ERA OF THE INSTITUTION. 358019 1701856 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 91 0 1 42 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 11 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 LA X ANDREW BRITTON 2122466433 235 PARK AVE S 9TH FL NEW YORK NY 10003 N SUNDIATA HALEY BOARD MEMBER 1.00 X 0 0 0 ALEXA PULITZER BOARD MEMBER 1.00 X 0 0 0 DR AARON WOLFSON PRESIDENT 1.00 X X 0 0 0 DR JOHN WELLS SECRETARY 1.00 X X 0 0 0 JEANETTE JAFFE VICE PRESIDENT/TREASURER 10.00 X X 0 0 0 BENJAMIN JAFFE CHAIRMAN 10.00 X X 0 0 0 WENDY POPOWICH BOARD MEMBER 1.00 X 0 0 0 GRAHAM COLEMAN BOARD MEMBER 1.00 X 0 0 0 RENE LAPEYROLERIE BOARD MEMBER 1.00 X 0 0 0 RICKIE MONIE BOARD MEMBER 1.00 X 0 0 0 KEVIN POORMAN BOARD MEMBER 1.00 X 0 0 0 MICHAEL MARTINOVICH MANAGING DIRECTOR 40.00 X 150000 0 0 GREG LUCAS EXECUTIVE DIRECTOR 40.00 X 72008 0 0 ASHLEY GRAHAM DEVELOPMENT DIRECTOR 40.00 X 155436 0 0 377444 0 0 2 0 1 0 0 88580 345545 2727224 3161349 OUTREACH PERFORMANCES 900099 233684 233684 233684 47162 47162 36943 27458 9485 9485 9485 211894 345545 408436 -196542 -196542 OTHER INCOME 900099 7996 7996 7996 3263134 241680 0 -139895 X 34500 34500 286521 286521 222008 111004 111004 699560 549651 149909 45729 29348 16381 67758 48051 19707 104810 104810 32953 32953 820108 464771 61750 293587 25689 6332 1155 18202 21485 1346 19796 343 50184 2990 31992 15202 406373 125819 44932 235622 52428 12291 161 39976 193046 193046 2731 2731 11893 11833 60 SUPPLIES 27908 3904 2161 21843 EVENTS 16780 16780 REPAIRS AND MAINTENANCE 9244 0 7625 1619 ARCHIVE EXPENSE 7593 7593 0 6728 955 5698 75 3146029 1701856 327597 1116576 2183534 726590 776591 358703 71043 27685 20490 48659 3438022 14712 1342606 3423310 56223 4874639 4740447 9268903 9381617 75701 15853 27089 78985 4682011 4695057 4784801 4789895 X 1425978 2017447 3058124 2574275 4484102 4591722 9268903 9381617 117105 -9485 0 X X 0 1 X 1 0 X 2623539 3121085 1886093 3820434 3161349 14612500 2623539 3121085 1886093 3820434 3161349 14612500 4697714 9914786 76 458 79229 97750 47162 224675 21861 3404 40616 500 7996 74377 14911552 703411 0.66490 0.64420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 589044 589044 2848978 14712 2834266 3423310 RIGHT OF USE ASSET 4715447 REFUNDABLE DEPOSITS 25000 4740447 LONG-TERM PORTION OF LEASE LIABILITY 4695057 4695057 X 3662085 -9485 408436 398951 3263134 0 3263134 3554465 408436 408436 3146029 0 3146029 PART X, LINE 2: THE FOUNDATION IS ORGANIZED AS A NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE IRS AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(A) AS ORGANIZATIONS DESCRIBED IN IRC SECTION 501(C)(3). IN A LETTER DATED AUGUST 14, 2021, THE IRS ISSUED A DETERMINATION LETTER STATING THAT THE FOUNDATION MEETS THE REQUIREMENTS FOR CLASSIFICATION AS A PUBLIC CHARITY. THE FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVIIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE FOUNDATION HAS DETERMINED THAT IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. MANAGEMENT BELIEVES THAT THE FOUNDATION HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO FEDERAL OR STATE TAX EXAMINATIONS BEYOND THREE YEARS FROM THE FILING OF THOSE RETURNS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 408,436. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 408,436. MIDNIGHT PRESERVES 430242 234510 195732 4942 48076 32553 228962 GALA 127197 111035 16162 2300 3697 42142 45764 557439 345545 211894 7242 51773 74695 274726 408436 -196542 1 YOUNG TUXEDO BRASS BAND 2216 SECOND ST NEW ORLEANS LA 70113 461615990 9000 0 LEGACY STIPEND DRUMMER BOY JOE LLC PO BOX 56693 NEW ORLEANS LA 70156 850850192 17000 0 COMMUNITY ENGAGEMENT GRANT; LEGACY STIPEND COMMUNITY ENGAGEMENT GRANT 2 2100 MUSICIAN STIPENDS 26 282921 DIASTER RELIEF 1 1500 X 0 0 0 0 0 0 0 0 0 ASHLEY GRAHAM DEVELOPMENT DIRECTOR 155436 0 0 0 0 0 0 0 0 0 155436 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE VICE PRESIDENT/TREASURER, JEANETTE JAFFE, IS THE SPOUSE OF THE CHAIRMAN, BENJAMIN JAFFE. FORM 990, PART VI, SECTION B, LINE 11B TREASURER OF THE BOARD REVIEWS 990 AND SUMMARIZES KEY ASPECTS RELEVANT TO THE REST OF THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C ALL RELATED PARTY TRANSACTIONS ARE VETTED, DOCUMENTED IN AGREEMENTS, REVIEWED BY LEGAL COUNSEL, AND SIGNED OFF BY BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 INDUSTRY NORMS COMMENSURATE WITH THE ORGANIZATION'S SIZE AND BUDGET ARE CONSIDERED BY THE BOARD ANNUALLY DURING EMPLOYEE REVIEW PROCESS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST AND THROUGH GUIDESTAR, FOUNDATION SOURCE, AND OTHER NON-PROFIT WEBSITES. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 439,722. MANAGEMENT AND GENERAL EXPENSES 61,750. FUNDRAISING EXPENSES 283,672. TOTAL EXPENSES 785,144. PAYROLL FEES: PROGRAM SERVICE EXPENSES 25,049. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 9,915. TOTAL EXPENSES 34,964. FORM 990, PART XII, LINE 2C: THE PROCESS USED BY THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT OF ITS FINANCIAL STATEMENTS HAS NOT CHANGED SINCE THE PRIOR YEAR.