LOUISIANA BUSINESS INCUBATOR ASSOCIATION INCORPORATED

EIN 20-2249722 BATON ROUGE, LA

Revenue 2024: $214,298
Expenses 2024: $235,704

Program services were 86.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection: 06
NTEE code: S41
Classification: 2000
Street: 8000 INNOVATION PARK DRIVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

TO SUPPORT AND STRENGTHEN BUSINESS INCUBATION (BUSINESS START-UPS) IN LOUISIANA BY HELPING THE 20+ BUSINESS INCUBATORS IN THE STATE PROVIDE THE MOST EFFECTIVE HANDS-ON MANAGEMENT PRINCIPLES AVAILABLE TO HELP ACCELERATE THE GROWTH AND DEVELOPMENT OF NEW BUSINESSES, THEREBY CREATING NEW AND BETTER PAYING JOBS FOR THE CITIZENS OF LOUISIANA.

Activities or mission (Part I)

THE LOUISIANA INCUBATION ASSOCIATION IS COMPRISED OF THE STATE'S PREMIER BUSINESS INCUBATORS AND IS FOCUSED ON ENHANCING THE GROWTH AND DIVERSIFICATION OF BUSINESSES AND ECONOMY IN LOUISIANA.

LBIA, UNDER A COOPERATIVE AGREEMENT (CEA) WITH THE LOUISIANA DEPARTMENT OF ECONOMIC DEVELOPMENT (LED), ADMINISTERS A GRANT PROGRAM ENTITLED LED/LBIA BUSINESS INCUBATOR SUPPORT PROGRAM. THE AWARDS MUST BE MATCHED BY A 20% CONTRIBUTION BY THE SELECTED GRANT RECIPIENTS. GRANTS MAY ONLY BE USED FOR CAPITAL ASSETS THAT LAST AT LEAST THREE YEARS AS WELL AS MEET THE FOLLOWING CRITERIA: 1) HELP THE RECIPIENT MEET STATED GOALS OF SERVING THE INCUBATORS' TENANTS/CLIENTS, 2) SAVE OR CREATE JOBS, 3) EXPAND/MODIFY/RENOVATE AN INCUBATOR FACILITY SO THAT THE INCUBATOR CAN PROVIDE ADDITIONAL SERVICES TO ITS TENANTS/CLIENTS, AND 4) INCREASE FUNDING SOURCES FOR ITS TENANTS/CLIENTS. IT IS A REIMBURSEMENT GRANT, PAID BY LED ONLY AFTER DOCUMENTATION IS PROVIDED TO LED THAT FUNDS HAVE BEEN APPROPRIATELY SPENT. A REVIEW COMMITTEE OF 3 MEMBERS REVIEWS GRANT APPLICATIONS AND SCORE THE APPLICATIONS USING REVIEW CRITERIA APPROVED BY LED. UNDER THE CEA, LBIA IS REQUIRED TO HAVE A STATE CERTIFIED CPA FIRM CONDUCT AN ANNUAL REVIEW AND ATTESTATION WHICH MUST BE SUBMITTED TO THE LOUISIANA LEGISLATIVE AUDITORS' OFFICE.

Expenses $202,789 · Grants $202,789 · Revenue $214,298

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Jason BoudreauxJASON BOUDREAUX

PRESIDENT

Total calculated

$0

Hours/week

6
Will CampbellWILL CAMPBELL

VICE PRESIDENT

Total calculated

$0

Hours/week

1
Kathy WyattKATHY WYATT

SECRETARY

Total calculated

$0

Hours/week

2
Kristy ElliottKRISTY ELLIOTT

TREASURER

Total calculated

$0

Hours/week

4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

2024

Revenue

$214,298

Expenses

$235,704

Contributions

$214,298

Grants paid

$202,789
2023

Revenue

$202,559

Expenses

$207,253

Contributions

$202,559

Grants paid

$180,160
2022

Revenue

$95,938

Expenses

$104,104

Contributions

$95,938

Grants paid

$75,538

Tax year	Revenue	Expenses	Contributions	Grants paid
2024	$214,298	$235,704	$214,298	$202,789
2023	$202,559	$207,253	$202,559	$180,160
2022	$95,938	$104,104	$95,938	$75,538

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

2021 · 990

Revenue

$69,437

Expenses

$66,636

Assets (EOY)

$125,570
2020 · 990

Revenue

$187,358

Expenses

$183,332

Assets (EOY)

$172,534
2019 · 990

Revenue

$187,803

Expenses

$184,584

Assets (EOY)

$211,636
2018 · 990

Revenue

$216,360

Expenses

$199,248

Assets (EOY)

$202,949
2017 · 990

Revenue

$189,349

Expenses

$179,763

Assets (EOY)

$158,516
2017 · 990

Revenue

$189,349

Expenses

$179,763

Assets (EOY)

$158,516
2015 · 990

Revenue

$175,180

Expenses

$176,945

Assets (EOY)

$32,920
2014 · 990

Revenue

$177,304

Expenses

$174,828

Assets (EOY)

$34,685
2013 · 990

Revenue

$410,523

Expenses

$408,977

Assets (EOY)

$32,209

Tax year	Form	Revenue	Expenses	Assets (EOY)
2021	990	$69,437	$66,636	$125,570
2020	990	$187,358	$183,332	$172,534
2019	990	$187,803	$184,584	$211,636
2018	990	$216,360	$199,248	$202,949
2017	990	$189,349	$179,763	$158,516
2017	990	$189,349	$179,763	$158,516
2015	990	$175,180	$176,945	$32,920
2014	990	$177,304	$174,828	$34,685
2013	990	$410,523	$408,977	$32,209

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

LSU INNOVATION PARK INCUBATOR

$25,000

2024 SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
SOUTHEAST LOUISIANA BUSINESS CENTER

$25,000

2024 SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
COHABITAT FOUNDATION

$25,000

2022 SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
CAJUN ACCELERATION STATION

$25,000

2022 SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
LOUISIANA BUSINESS & TECHNOLOGY CENTER

$25,000

2023 SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
ST LANDRY PARISH ECONOMIC DEVELOPMENT

$23,984

2023 SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
ANDRESS ARTIST AND ENTREPRENEUR CENTER

$23,554

2024 SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
B1 FOUNDATION

$23,379

2023 SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
SLEC BAYOU REGION INCUBATOR

$23,071

2024 SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
ENTERPRISE CENTER AT LA TECH

$18,929

2024 SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.