Nonprofit · EIN 86-1834083
MATERIAL INSTITUTE
Tax-exempt · NEW ORLEANS, LA 70117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,771,205 | $2,103,487 | $667,718 | $821,228 | $0 | $821,228 |
| December 31, 2023 | 990 | $971,992 | $818,482 | $153,510 | $165,126 | $11,616 | $153,510 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,760,893
- Program service revenue
- $10,312
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,097
- Compensation of officers, directors and key employees
- $99,894
- Other salaries and wages
- $1,263,966
- Salaries, compensation and benefits (total)
- $1,536,236
- Professional fundraising fees
- $0
- Legal fees
- $3,246
- Accounting fees
- $569
- Occupancy
- $126,141
- Travel
- $10,069
- Depreciation
- $12,697
- Program services (functional)
- $1,696,623
- Management and general (functional)
- $406,864
Balance sheet and other
- Total assets, start of year
- $165,126
- Total assets, end of year
- $821,228
- Total liabilities, end of year
- $0
- Net assets, end of year
- $821,228
- Land, buildings and equipment
- $562,529
- Gross receipts
- $2,771,205
- Employees
- 0
- Volunteers
- 160
- Year formed
- 2020
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NATHALIE SIMON | EXECUTIVE DIRECTOR Officer | 40 | $95,643 | $4,251 |
| BETH LAMBERT | BOARD MEMBER Trustee or director | 0.1 | $0 | $0 |
| PATRICK KELLY | BOARD MEMBER Trustee or director | 0.1 | $0 | $0 |
| JOHN NORWOOD | PRESIDENT & SECRETARY Trustee or director, Officer | 0.1 | $0 | $0 |
| HUGH LAMBERT | TREASURER Trustee or director, Officer | 0.1 | $0 | $0 |
| KIRSHA KAECHELE | FOUNDER & BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETH LAMBERT | BOARD MEMBER Trustee or director | 0.1 | $0 |
| PATRICK KELLY | BOARD MEMBER Trustee or director | 0.1 | $0 |
| KIRSHA KAECHELE | FOUNDER & BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| JOHN NORWOOD | PRESIDENT & SECRETARY Trustee or director, Officer | 0.1 | $0 |
| HUGH LAMBERT | TREASURER Trustee or director, Officer | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 2120 PORT ST, NEW ORLEANS, LA 70117-6940
- In care of
- % LAURA STEIN
- Signed the 990
- LAURA STEIN, INTERIM EXECUTIVE DIRECTO
- Phone
- (225) 248-2122
- Website
- WWW.MATERIALINSTITUTE.ORG
- Return prepared by
- Corcoran & Bernard CPAs LLC
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.
Program accomplishments
- THE 24 CARROT GARDEN PROGRAM PROVIDES GARDENING AND CULINARY ARTS PROGRAMMING TO TEACH COMMUNITY MEMBERS HOW TO GROW, EAT, AND COOK NUTRITIOUS FOODS. YOUTH PROGRAMS ARE GEARED TO YOUTH UNDER 12 YEARS OLD AND OTHER COMMUNITY PROGRAMMING SERVES PARTICIPANTS OF ALL AGES. IN 2024, THE PROGRAM REACHED 26 YOUTH PARTICIPANTS IN ITS THRICE WEEKLY AFTER SCHOOL PROGRAMMING; 48 IN ITS SEASONAL GARDENING AND CULINARY CAMPS; AND 13 PEOPLE IN THE NEW CULTIVATION RESIDENCY PROGRAM. ADDITIONAL PUBLIC WORKSHOPS AND EVENTS INCLUDED URBAN PLANT WALK; EARTHWORKS: AGROECOLOGY IN CUBA; CARIBBEAN HERBALISM ARTIST TALK; AND THE GUMBO COOK OFF. THE GARDEN PROGRAM ATTRACTED 160 COMMUNITY VOLUNTEERS TO HELP WITH THE GARDEN, WITH VOLUNTEERS RECEIVING TOKENS TO LOCAL FARMERS MARKETS TO INCREASE ACCESS TO LOCALLY GROWN, HEALTHY FOOD. THE 24 CARROT GARDEN SERVED AS SITE HOSTS FOR SOUTHERN UNIVERSITYS SUSTAINABLE URBAN AGRICULTURE CERTIFICATION AND SUSTAINABLE AGRICULTURE SMALL BUSINESS DEVELOPMENT PROGRAM. THE GARDEN EMPLOYED TWO FULL-TIME CO-DIRECTORS AND THREE FULL-TIME GARDEN EDUCATORS.Expenses $574,912 · revenue $759
- 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. THE PROGRAM EMPHASIZES CONSCIOUS MATERIAL PRACTICES; HANDMADE TEXTILES ARE IMPLEMENTED AND ENCOURAGED THROUGH EXPERIMENTATION IN BOTH TRADITIONAL TECHNIQUES AND CONTEMPORARY TECHNOLOGIES. IN 2024, THE PROGRAM GRADUATED 13 PARTICIPANTS FROM THE CURRICULUM-BASED PROGRAM. TWO GRADUATES WENT ON TO PURSUE POSTSECONDARY EDUCATION IN FASHION, INCLUDING ONE AT THE WORLD RENOWNED FASHION INSTITUTE OF TECHNOLOGY IN NEW YORK CITY. THE PROGRAM HOSTED TWO INDUSTRY PANELS MADE UP OF 5 INDUSTRY EXPERTS TO PROVIDE FEEDBACK AND CRITIQUE TO THE FASHION PARTICIPANTS END-OF-YEAR PORTFOLIO. F&T HOSTED WORLD RENOWNED WEST AFRICAN TEXTILE AND DYE ARTIST, ABOUBAKAR FOFANA, FOR AN INDIGO DYE WORKSHOP AND ARTIST TALK. THE PROGRAM ALSO PARTNERED WITH HOTEL ST. VINCENT TO HOST AN ARTIST TALK WITH DESIGNERS, DIOTIMA X ZANKOV. IN 2024, 51 PEOPLE ATTENDED PUBLIC WORKSHOPS ON MARIGOLD DYE, BUCKET HATS, T-SHIRTS, HOODIES, AND BEADING AND EMBELLISHMENTS. THE PROGRAM EMPLOYED A DEPARTMENT CHAIR, PROGRAM MANAGER, STUDIO DIRECTOR, LEAD INSTRUCTOR, AND PROGRAM ADMINISTRATOR, ALL OF WHOM ARE FULL-TIME, AND ONE PART-TIME HAND-STITCH INSTRUCTOR/OPEN STUDIO MANAGER.Expenses $564,210 · grants $500 · revenue $8,220
- 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, AND A RECORDING ARTIST RESIDENCY PROGRAM. IN 2024, THE RECORDING STUDIO RECORDED SINGLES/PROJECTS FOR 64 INDIVIDUAL ARTISTS/GROUPS; SERVED 146 PEOPLE THROUGH PUBLIC WORKSHOPS AND TALKS; DEVELOPED 6 ARTISTS IN THE RECORDING ARTIST RESIDENCY; AND, HOSTED THE ANNUAL MI MUSIC SHOWCASE REACHING 150 AUDIENCE MEMBERS. MUSIC OPERATES 6 DAYS A WEEK FROM THE ORGANIZATIONS HEADQUARTERS AT 2120 PORT STREET. THE PROGRAM EMPLOYS A FULL-TIME PROGRAM DIRECTOR, A FULL-TIME PROGRAM COORDINATOR, A FULL-TIME AUDIO ENGINEER, A PART-TIME AUDIO ENGINEER, AND A PART-TIME MUSIC LAB MANAGER.Expenses $540,832 · grants $1,597 · revenue $1,333
- THE MI MANUFACTURING PROGRAM SERVES AS A TEACHING MODEL WITHIN THE FASHION & TEXTILES DEPARTMENT, PROVIDING STUDENTS WITH HANDS-ON EXPERIENCE IN RESEARCH-DRIVEN PRODUCT DEVELOPMENT AND SMALL-SCALE PRODUCTION WITHIN THE LUXURY FASHION MARKET. THE DEPARTMENTDEVELOPED PROTOTYPES IN COLLABORATION WITH FACTORIES AND ARTISANS, WITH COSTS VARYING BASED ON DESIGN COMPLEXITY. PROJECTS INCLUDED EMBROIDERED T-SHIRTS, WOVEN JACQUARD LABELS, CUSTOM FABRICS, SMALL BAGS, DUSTER BAGS, AND KNIT SWEATERS. FINISHED PRODUCTS WERE DISTRIBUTED TO STAFF, ALUMNI, AND COMMUNITY SUPPORTERS AS LEARNING TOOLS AND EXAMPLES OF HIGH-END CRAFTSMANSHIP,FOSTERING DIALOGUE AROUND DESIGN PROCESS, QUALITY, AND INNOVATION. NO PROFIT, SALE, OR TRANSACTION OCCURRED IN THE END USE OF THE PRODUCTS.Expenses $16,669
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 86-1834083
- 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
- Category (NTEE)
- Arts, culture and humanities (A70)
- Assets (IRS master file)
- $821,228
- Income (IRS master file)
- $2,771,205
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,771,205 | $2,103,487 | $821,228 | XML |
| 990 | December 2023 | $971,992 | $818,482 | $165,126 | XML |
| 990 | December 2022 | $0 | $0 | $0 | IRS |
| 990 | December 2021 | – | – | – | 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 86-1834083).
Questions about MATERIAL INSTITUTE
- What is the EIN of MATERIAL INSTITUTE?
- The employer identification number (EIN) of MATERIAL INSTITUTE is 86-1834083.
- Is MATERIAL INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to MATERIAL INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MATERIAL INSTITUTE 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 MATERIAL INSTITUTE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MATERIAL INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of MATERIAL INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $95,643 (NATHALIE SIMON, EXECUTIVE DIRECTOR).
- How much revenue does MATERIAL INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,771,205, expenses of $2,103,487 and total assets of $821,228 at year end.
Other nonprofits in NEW ORLEANS
- NATIONAL WORLD WAR II MUSEUM INC EIN 72-1200790 · last filed 990 for 2025
- NEW ORLEANS JAZZ & HERITAGE FOUNDATION INC EIN 72-0692744 · last filed 990 for 2025
- NEW ORLEANS MUSEUM OF ART EIN 72-6000331 · last filed 990 for 2024
- LOUISIANA ENDOWMENT FOR THE HUMANITIES EIN 72-0795568 · last filed 990 for 2025
- FRIENDS OF WWOZ INC EIN 58-1702220 · last filed 990 for 2025
- GREATER NEW ORLEANS EDUCATIONAL TELEVISION FOUNDATION EIN 72-0497926 · last filed 990 for 2025
- FRENCH QUARTER FESTIVAL INC EIN 72-1046163 · last filed 990 for 2025
- YOUNG AUDIENCES OF LOUISIANA INC EIN 72-6027054 · last filed 990 for 2025
All nonprofits in NEW ORLEANS · Louisiana · Arts, culture and humanities