Sugar Bowl Louisiana Superdome

Analysis

Sugar Bowl Louisiana Superdome is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 1935, 91 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sugar Bowl Louisiana Superdome reported income of $27.0m and spending of $20.6m, leaving 24% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $18.7m to $27.0m (+44%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 93%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sugar Bowl Louisiana Superdome sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include East Carolina University Educational Foundation Inc ($26.7m), Next Door Foundation Inc ($27.0m) and Boys and Girls Clubs of King County ($26.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.7% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $1.1m (5.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $85.6m against liabilities of $6.2m, net assets of $79.5m. It reported 17 employees.