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Nonprofit · EIN 72-0748480

KREWE OF GALATEA INC

Tax-exempt · MORGAN CITY, LA 70381

Financials

$193K$199K2023$221K$207K2024
Revenue Expenses · by fiscal year end
Financials of KREWE OF GALATEA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2025990$220,653$207,007$13,646$78,413$0$78,413
February 29, 2024990$192,724$198,507-$5,783$64,767$0$64,767
Financial details: 990 for the year ended February 28, 2025

Revenue

Contributions, gifts and grants
$71,875
Membership dues
$71,875
Program service revenue
$117,811
Investment income
$933
Net income from fundraising events
$30,034
Other revenue
$30,034

Expenses

Grants and similar amounts paid
$343
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$525
Occupancy
$3,188
Depreciation
$864
Program services (functional)
$200,228
Management and general (functional)
$6,524
Fundraising (functional)
$255

Balance sheet and other

Total assets, start of year
$64,767
Total assets, end of year
$78,413
Total liabilities, end of year
$0
Net assets, end of year
$78,413
Land, buildings and equipment
$27,683
Gross receipts
$236,813
Employees
0
Volunteers
168
Year formed
1968
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 February 28, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHELE PICOUCAPTAIN
Trustee or director, Officer
3$0
KINDRA SOLARASSISTANT CA
Trustee or director, Officer
3$0
MARY THOMASPRESIDENT
Officer
3$0
TIFFANY STANSBURYVICE PRESIDE
Officer
3$0
ANGELA KRAEMERSECRETARY
Officer
3$0
VERONICA DOHMANNTREASURER
Officer
3$0
CHRISTIE DRAGNAPARADE LIEUT
Officer
3$0
MELANIE BELLEASST. PARADE
Trustee or director
3$0
SHANTELL CAVALIERFLOAT LT.
Trustee or director
3$0
KAREN MELANCONASSISTANT FL
Trustee or director
3$0
DEBORAH GARBER12TH NIGHT C
Trustee or director
3$0
FRANCES SMITHTHEME CONSUL
Trustee or director
3$0
DONNA O'KELLEYPUBLICITY CH
Trustee or director
3$0
SUZANNE BERGERONCOSTUME COOR
Trustee or director
3$0
990 for the year ended February 29, 2024: 12 people
NameTitleHours / weekCompensation
MICHELE PICOUCAPTAIN
Trustee or director, Officer
3$0
CHRISTIE DRAGNAPRESIDENT
Officer
3$0
BONNIE LEONARDVICE PRESIDE
Officer
3$0
VERONICA DOHMANNTREASURER
Officer
3$0
DONNA O'KELLEYSECRETARY
Officer
3$0
KINDRA SOLARASSISTANT CA
Trustee or director
3$0
DEBORAH GARBERASSISTANT PA
Trustee or director
3$0
JENNIFER THIBODAUXFLOAT LIEUTE
Trustee or director
3$0
SHANTELL CAVALIEREVENT COORDI
Trustee or director
3$0
TIFFANY STANSBURYBEAD ROOM CH
Trustee or director
3$0
FRANCES SMITHTHEME CONSUL
Trustee or director
3$0
KAREN MELANCON12TH NIGHT C
Trustee or director
3$0

Address and contacts

Address (IRS master file)
PO BOX 1932, MORGAN CITY, LA 70381-1932
Principal officer (990 for 2024)
MICHELE PICOU, 2012 MAIN STREET, PATTERSON, LA 70392
Signed the 990
MICHELE PICOU, CAPTAIN
Phone
(985) 384-6195
Return prepared by
DARNALL SIKES & FREDERICK

Mission

PRESERVE THE MARDI GRAS TRADITIONS.

990 for the year ended February 28, 2025

Program accomplishments

  • MARDI GRAS OBSERVANCE - PARADE, COURT, BALL, AND RELATED EVENTS.
    Expenses $199,885 · revenue $117,811
  • DONATION TO LOCAL FOOD BANK
    Expenses $343 · grants $343

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 February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026Not on file
2024February 28, 2025July 15, 2025990 on file
2023February 29, 2024July 15, 2024990 on file

IRS record

EIN
72-0748480
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1974
Accounting year ends
February
Files
Form 990 or 990-EZ
Assets (IRS master file)
$78,413
Income (IRS master file)
$236,813

Filing history

FormYear endedRevenueExpensesAssetsReturn
990February 2025$220,653$207,007$78,413XML
990February 2024$192,724$198,507$64,767XML
990February 2023$199,317$218,593$70,550IRS
990-EZFebruary 2022–––IRS
990-EZFebruary 2021–––IRS
990-EZFebruary 2020–––IRS
990-EZFebruary 2019–––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 72-0748480).

Questions about KREWE OF GALATEA INC

What is the EIN of KREWE OF GALATEA INC?
The employer identification number (EIN) of KREWE OF GALATEA INC is 72-0748480.
Is KREWE OF GALATEA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1974.
Are donations to KREWE OF GALATEA INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KREWE OF GALATEA 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 KREWE OF GALATEA INC due?
The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KREWE OF GALATEA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended February 2025.
Who is the principal officer of KREWE OF GALATEA INC?
The 990 for the year ended February 28, 2025 names MICHELE PICOU.
Who are the officers and directors of KREWE OF GALATEA INC?
The 990 for the year ended February 28, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does KREWE OF GALATEA INC have?
On its 990 for the year ended February 28, 2025 it reported revenue of $220,653, expenses of $207,007 and total assets of $78,413 at year end.

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