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Nonprofit · EIN 27-2910626

PRESERVATION HALL FOUNDATION INC

Tax-exempt · NEW ORLEANS, LA 70116

Financials

$2.1M$2.3M2023$4.1M$3.3M2024$3.3M$3.1M2025
Revenue Expenses · by fiscal year end
Financials of PRESERVATION HALL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,263,134$3,146,029$117,105$9,381,617$4,789,895$4,591,722
December 31, 2024990$4,080,616$3,273,670$806,946$9,268,903$4,784,801$4,484,102
December 31, 2023990$2,092,940$2,275,826-$182,886$8,643,360$4,966,204$3,677,156
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$3,161,349
Membership dues
$88,580
Program service revenue
$233,684
Investment income
$56,647
Net gain from sales of assets
$9,485
Net income from fundraising events
-$196,542
Other revenue
-$188,546

Expenses

Grants and similar amounts paid
$321,021
Compensation of officers, directors and key employees
$222,008
Other salaries and wages
$699,560
Salaries, compensation and benefits (total)
$1,035,055
Professional fundraising fees
$0
Accounting fees
$32,953
Occupancy
$406,373
Travel
$52,428
Depreciation
$2,731
Program services (functional)
$1,701,856
Management and general (functional)
$327,597
Fundraising (functional)
$1,116,576

Balance sheet and other

Total assets, start of year
$9,268,903
Total assets, end of year
$9,381,617
Total liabilities, end of year
$4,789,895
Net assets, end of year
$4,591,722
Land, buildings and equipment
$3,423,310
Net assets without donor restrictions
$2,017,447
Net assets with donor restrictions
$2,574,275
Gross receipts
$3,699,028
Employees
42
Volunteers
11
Year formed
2011
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ASHLEY GRAHAMDEVELOPMENT DIRECTOR
Highest-paid employee
40$155,436
MICHAEL MARTINOVICHMANAGING DIRECTOR
Officer
40$150,000
GREG LUCASEXECUTIVE DIRECTOR
Officer
40$72,008
N SUNDIATA HALEYBOARD MEMBER
Trustee or director
1$0
ALEXA PULITZERBOARD MEMBER
Trustee or director
1$0
DR AARON WOLFSONPRESIDENT
Trustee or director, Officer
1$0
DR JOHN WELLSSECRETARY
Trustee or director, Officer
1$0
JEANETTE JAFFEVICE PRESIDENT/TREASURER
Trustee or director, Officer
10$0
BENJAMIN JAFFECHAIRMAN
Trustee or director, Officer
10$0
WENDY POPOWICHBOARD MEMBER
Trustee or director
1$0
GRAHAM COLEMANBOARD MEMBER
Trustee or director
1$0
RENE LAPEYROLERIEBOARD MEMBER
Trustee or director
1$0
RICKIE MONIEBOARD MEMBER
Trustee or director
1$0
KEVIN POORMANBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensation
ASHLEY GRAHAMDEVELOPMENT DIRECTOR
Highest-paid employee
40$153,411
MICHAEL MARTINOVICHMANAGING DIRECTOR
Officer
40$150,000
GREG LUCASEXECUTIVE DIRECTOR
Officer
40$74,646
N SUNDIATA HALEYBOARD MEMBER
Trustee or director
1$0
ALEXA PULITZERBOARD MEMBER
Trustee or director
1$0
DR AARON WOLFSONPRESIDENT
Trustee or director, Officer
1$0
DR JOHN WELLSSECRETARY
Trustee or director, Officer
1$0
JEANETTE JAFFEVICE PRESIDENT/TREASURER
Trustee or director, Officer
10$0
BENJAMIN JAFFECHAIRMAN
Trustee or director, Officer
10$0
WENDY POPOWICHBOARD MEMBER
Trustee or director
1$0
GRAHAM COLEMANBOARD MEMBER
Trustee or director
1$0
RENE LAPEYROLERIEBOARD MEMBER
Trustee or director
1$0
RICKIE MONIEBOARD MEMBER
Trustee or director
1$0
KEVIN POORMANBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
ASHLEY GRAHAMDEVELOPMENT DIRECTOR
Highest-paid employee
40$155,427
GREG LUCASEXECUTIVE DIRECTOR
Officer
40$131,144
MICHAEL MARTINOVICHMANAGING DIRECTOR
Officer
40$125,000
N SUNDIATA HALEYBOARD MEMBER
Trustee or director
1$0
ALEXA PULITZERBOARD MEMBER
Trustee or director
1$0
DR AARON WOLFSONPRESIDENT
Trustee or director, Officer
1$0
DR JOHN WELLSSECRETARY
Trustee or director, Officer
1$0
JEANETTE JAFFEVICE PRESIDENT/TREASURER
Trustee or director, Officer
10$0
BENJAMIN JAFFECHAIRMAN
Trustee or director, Officer
10$0
WENDY POPOWICHBOARD MEMBER
Trustee or director
1$0
GRAHAM COLEMANBOARD MEMBER
Trustee or director
1$0
RENE LAPEYROLERIEBOARD MEMBER
Trustee or director
1$0
RICKIE MONIEBOARD MEMBER
Trustee or director
1$0
KEVIN POORMANBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
726 SAINT PETER ST, NEW ORLEANS, LA 70116-3119
Principal officer (990 for 2025)
JEANETTE JAFFE, 726 SAINT PETER STREET, NEW ORLEANS, LA 70116
Signed the 990
JEANETTE JAFFE, TREASURER
Phone
(504) 522-2841
Return prepared by
WEGMANN DAZET APC

Mission

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.

990 for the year ended December 31, 2025

Program accomplishments

  • 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.
    Expenses $594,048 · revenue $241,680
  • 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.
    Expenses $252,261 · grants $12,600
  • 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.
    Expenses $497,528 · grants $308,421
  • 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.
    Expenses $358,019

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-2910626
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,381,617
Income (IRS master file)
$3,699,028

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,263,134$3,146,029$9,381,617XML
990December 2024$4,080,616$3,273,670$9,268,903XML
990December 2023$2,092,940$2,275,826$8,643,360XML
990December 2022$3,211,491$1,875,805$3,942,943IRS
990December 2021–––IRS
990December 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2910626).

Questions about PRESERVATION HALL FOUNDATION INC

What is the EIN of PRESERVATION HALL FOUNDATION INC?
The employer identification number (EIN) of PRESERVATION HALL FOUNDATION INC is 27-2910626.
Is PRESERVATION HALL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to PRESERVATION HALL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRESERVATION HALL FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PRESERVATION HALL FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRESERVATION HALL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PRESERVATION HALL FOUNDATION INC?
The 990 for the year ended December 31, 2025 names JEANETTE JAFFE.
Who are the officers and directors of PRESERVATION HALL FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 14 people; 3 received compensation from the organization, the highest $155,436 (ASHLEY GRAHAM, DEVELOPMENT DIRECTOR).
How much revenue does PRESERVATION HALL FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,263,134, expenses of $3,146,029 and total assets of $9,381,617 at year end.

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