Kid Smart EIN 72-1437355

Kid Smart FY2023 filing

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Inspiring children and educators with creative, relevant arts learning experiences. For fiscal year 2023 it reported $1.2M in revenue, $1.4M in expenses, and $1.1M in net assets.Pt I

Founded
1999
Type
Public charity (501(c)(3)) · Arts & Culture
Location
New Orleans, LA
Website
www.kidsmart.org
Filings
5 on file (2020–2023)
Revenue
$1.2MFY2023
Expenses
$1.4M
Net assets
$1.1M
People
22
Filings
5
Updates
0
More identity details & actions ⌄
EIN  72-1437355 Public charity (501(c)(3)) New Orleans, LA Founded 1999
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/1/26 · see original: IRS
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Size
$1–10M
What they do
Inspiring children and educators with creative, relevant arts learning experiences.
Leadership
Elise Gallinot Goldman · Executive Director · $92K
Money in and out
$1.2M revenue, $1.4M expenses
Bottom line
81% program efficiency
Where the money goes · FY2023
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$169K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.11 Fundraising $0.08
Program efficiency
81%
of spending reaches programs
Operating runway
10.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$1.2M
FY2023▼ -19%
Expenses
$1.4M
FY2023▲ +4%
Total assets
$1.4M
FY2023▼ -2%
Total liabilities
$290K
FY2023▲ +43%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$169K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420
Mission & Programs · Part III

Where the work happens

3 program services account for $1.1M of program spending, described in the organization's own filed words · FY2022.
01

Creative schools includes work in 15 orleans parish public schools transforming classrooms through arts integration. Schools receive collaborative artist residencies and comprehensive professional development for classroom teachers.

$951Kprogram expense
02

Contracts

Professional development and enrichment: led by kid smart staff, professional development sessions in arts integration range from a 60 minute workshop to week-long training institutes and can be individualized for SCHOOLS/DISTRICTS to include classroom modeling, coaching, lesson plan development and teaching artist training.

$98Kprogram expense
03

Noaea

The new orleans arts education alliance (artsedall) has the mission of ensuring every child in new orleans has access to meaningful, high-quality arts education. Artsedall works toward this mission by engaging in district and state-level arts advocacy, informing policy, and connecting schools with arts partnerships, resources and…

$70Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKid Smart
EINHdr · item D72-1437355
Principal addressHdr · item CNew Orleans, LA
WebsiteHdr · item Jwww.kidsmart.org
Year of formationHdr · item L1999
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A40)
Ruling yearIRS BMFMay 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$92,022Pt VII · Sec A
Executive Director Noaea
$38,244Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Elise Gallinot Goldman’s $98K as Executive Director is at the 31st percentile of top reported officer pay among 3916 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Elise Gallinot Goldman$97,845$96,033$92,022$86,005$76,420$77,913
Jessica Kee$38,244$59,567$59,582$54,323
David Pulphus$51,756

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$1.0M · 83%
Program service revenue$222K · 18%
Investment income$9K · 1%
Contributions & grants83%$1.0M
Program service revenue18%$222K
Investment income1%$9K
— government grantsLn 1e$122K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.11 Fundraising $0.08
Program services81%$1.1M
Management & general11%$147K
Fundraising8%$109K
Total functional expensesLn 25$1.4M

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$1.4M
Total liabilitiesLn 26$290K
Total net assetsLn 32$1.1M
Months of cash on handcomputed10.6

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses (Pt IX) $1.4M · Less non-cash grants $11K · Cash operating expenses/yr $1.4M
10.7 months
Where the money goes
Program services
Program services $1.1M · Total expenses $1.4M
81%
Management & General
Management & general $147K · Total expenses $1.4M
11%
Fundraising
Fundraising $109K · Total expenses $1.4M
8%
Cost to raise $1
Fundraising expense (3-yr avg) $101K · Solicited contributions (3-yr avg) $810K
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.0M · Total revenue $1.2M
83%
Government reliance
Government grants $122K · Total revenue $1.2M
10%
Earned-income share
Program service revenue $222K · Total revenue $1.2M
18%
Investment reliance
Investment income $9K · Total revenue $1.2M
+0.7%
Program self-sufficiency
Program service revenue $222K · Total expenses $1.4M
16%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $1.5M
-19%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $1.4M
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.1M · Total assets $1.4M
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elise Gallinot Goldman · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $92K · Total expenses $1.4M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.0M · Total expenses $1.4M
76%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 11%
Fundraising cost ratio 11%
Revenue growth -19%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$20K
Grants paid · 6 grants · $464K · 2019–2024
Unitemized GrantFY2024$216,347
Unitemized GrantFY2023$60,345
Unitemized GrantFY2022$51,312
Unitemized GrantFY2021$41,754
Unitemized GrantFY2020$54,107
Unitemized GrantFY2019$40,543

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$1.9M revenue · ⤓ 990 PDF
FY2023$1.2M revenue · viewing · ⤓ 990 PDF
FY2022$1.5M revenue · ⤓ 990 PDF
FY2021$1.4M revenue · ⤓ 990 PDF
FY2020$1.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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