Black Entertainment And Sports Lawyers Association Inc
- Assets
- $518.0k
- Revenue
- $729.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 09/1984
- Data as of
- 12/2022
- EIN
- 13-3123753
Organization Overview
Black Entertainment And Sports Lawyers Association Inc, operating under the name Besla, is located in Los Angeles, CA. The organization was established in 1984. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Besla is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Besla generated $729.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $519.8k during the year ending 12/2022. While expenses have increased by 5.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BLACK ENTERTAINMENT & SPORTS LAWYERS ASSOCIATION, INC. (BESLA) WAS FORMED TO PROVIDE SEMINARS, CONFERENCES AND EDUCATIONAL MATERIALS ON TOPICS OF INTEREST TO ATTORNEYS AND LAW STUDENTS SPECIALIZING IN THE ENTERTAINMENT AND SPORTS INDUSTRIES. BESLA MEMBERS ARE ATTORNEYS FROM LEADING LAW FIRMS, IN-HOUSE COUNSEL FROM MAJOR ENTERTAINMENT, NEW MEDIA, AMATEUR AND PROFESSIONAL SPORTS ORGANIZATIONS, SOLO PRACTITIONERS, LAW SCHOOL PROFESSORS, BUSINESS EXECUTIVES IN THE MUSIC, SPORTS, CABLE AND BROADCAST TELEVISION, FILM, VIDEO GAME, TOURING, MARKETING AND BRANDING, AND PUBLISHING INDUSTRIES, INCLUDING FINANCIERS, AGENTS, AND MANAGERS. MEMBERSHIP IS ALSO EXTENDED TO LAW STUDENTS, AND PART OF OUR PROGRAMMING IS SPECIFICALLY TARGETED TO THEIR TRAINING AND GROWTH THROUGH SEMINARS, MENTORING AND SCHOLARSHIP OPPORTUNITIES. THE ORGANIZATION HAS A NETWORK OF 2,000 SUPPORTERS THROUGHOUT THE CONTINENTAL UNITED STATES, EUROPE AND THE CARIBBEAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BESLA HELD ITS 42ND ANNUAL CONFERENCE IN NOVEMBER. THE ANNUAL CONFERENCE IS GENERALLY ATTENDED BY WELL OVER 250 ATTORNEYS, EXECUTIVES, ENTERTAINERS, AND STUDENTS TO PROVIDE CLE'S AND NATIONAL TRAINING TO INDUSTRY PROFESSIONALS.IN ADDITION BESLA HELD REGIONAL CONFERENCES IN ATLANTA, CHICAGO, WASHINGTON DC, LOS ANGELES, MIAMI, AND NEW YORK.
FOR MORE THAN 20 YEARS, BESLA HAS AWARDED FINANCIAL SCHOLARSHIPS TO DESERVING LAW STUDENTS THAT ARE SEEKING CAREERS IN THE ENTERTAINMENT AND SPORTS INDUSTRIES. THE SCHOLARSHIP PROGRAM RECOGNIZES AT LEAST ONE SCHOLARSHIP ANNUALLY TO STUDENTS ENROLLED IN ONE OF THE FOUR HISTORICALLY BLACK LAW SCHOOLS: FLORIDA A&M UNIVERSITY SCHOOL OF LAW (ORLANDO, FL), HOWARD UNIVERSITY (WASHINGTON, DC), NORTH CAROLINA CENTRAL UNIVERSITY SCHOOL OF LAW (DURHAM, NC), AND THURGOOD MARSHALL SCHOOL OF LAW (HOUSTON, TX). BESLA ALSO SPONSORS AN ANNUAL ESSAY COMPETITION AVAILABLE TO ALL LAW STUDENTS AT SUCH SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leron E Rogers Chairman | OfficerTrustee | 0 | $0 |
Chiquita Woolfolk Banks President | OfficerTrustee | 0 | $0 |
Angela Y Ball Vice President | OfficerTrustee | 0 | $0 |
Vanya G Allen Treasurer | OfficerTrustee | 0 | $0 |
Adrienne C Williams Secretary | OfficerTrustee | 0 | $0 |
Aziz A Bowser Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $423,893 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $423,893 |
| Total Program Service Revenue | $299,436 |
| Investment income | $1,782 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,733 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $729,844 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $30,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,729 |
| Advertising and promotion | $11,592 |
| Office expenses | $2,695 |
| Information technology | $6,053 |
| Royalties | $0 |
| Occupancy | $1,716 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $414,224 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,028 |
| All other expenses | $0 |
| Total functional expenses | $519,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $418,318 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $99,662 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $517,980 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50,000 |
| Total liabilities | $50,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $517,980 |