Visual Communications Media
- Assets
- $1.3m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 11
- Location
- Los Angeles, CA
- Founding
- 10/1972
- Data as of
- 12/2023
- EIN
- 23-7108393
Organization Overview
Visual Communications Media is located in Los Angeles, CA. The organization was established in 1972. According to its NTEE Classification (V35) the organization is classified as: International Studies, under the broad grouping of Social Science and related organizations. As of 12/2023, Visual Communications Media employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visual Communications Media 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 12/2023, Visual Communications Media generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 12.0% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND SUPPORT THE VOICES OF ASIAN AMERICAN AND PACIFIC ISLANDER FILMMAKERS AND MEDIA ARTISTS WHO EMPOWER COMMUNITIES AND CHALLENGE PERSPECTIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FILM FEST (PRESENTATION) - THE LOS ANGELES ASIAN PACIFIC FILM FESTIVAL IS AN 8-DAY SHOWCASE OF ASIAN AMERICAN FILMMAKERS THAT TAKES PLACE EVERY MAY IN LOS ANGELES AND SCREENS OVER 150 FILMS FROM AROUND THE WORLD.
FISCAL SPONSORSHIP - THE ORGANZIATION SUPPORTS FILM PROJECTS AND PRODUCTIONS, PROVIDING ADMINISTRATIVE SERVICES AND OVERSIGHT TO THE ACTIVITIES OF ARTISTS AND INDIVIDUALS ENGAGED IN WORK THAT FURTHERS THE MISSION.
PRESERVATION OF HISTORICAL PHOTOS - THE ORGANIZATION HOLDS AN EXTENSIVE REPOSITORY OF ASIAN PACIFIC AMERICAN HISTORY THROUGH PHOTOGRAPHS AND MOVING IMAGE ARCHIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis Cullado Executive Dir. | Officer | 40 | $90,750 |
Clayton Yeung President | OfficerTrustee | 1 | $0 |
Gerlie Collado Vice President | OfficerTrustee | 1 | $0 |
Douglas Aihara Treasurer | OfficerTrustee | 1 | $0 |
Chuong Bui Director | Trustee | 1 | $0 |
Phil Yu Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $340,405 |
| All other contributions, gifts, grants, and similar amounts not included above | $664,483 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,004,888 |
| Total Program Service Revenue | $154,435 |
| Investment income | $8,053 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,200 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,129 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,169,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,750 |
| Compensation of current officers, directors, key employees. | $63,525 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $241,931 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,663 |
| Payroll taxes | $93,642 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,723 |
| Advertising and promotion | $856 |
| Office expenses | $18,759 |
| Information technology | $3,280 |
| Royalties | $0 |
| Occupancy | $31,879 |
| Travel | $22,979 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,324 |
| All other expenses | $31,869 |
| Total functional expenses | $1,325,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,259 |
| Savings and temporary cash investments | $463,298 |
| Pledges and grants receivable | $51,046 |
| 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 | $6,235 |
| Prepaid expenses and deferred charges | $285 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $344,429 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $392,679 |
| Total assets | $1,315,231 |
| Accounts payable and accrued expenses | $18,992 |
| Grants payable | $0 |
| Deferred revenue | $36,250 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $391,007 |
| 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 | $7,080 |
| Total liabilities | $453,329 |
| Net assets without donor restrictions | $811,152 |
| Net assets with donor restrictions | $50,750 |
| 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 | $1,315,231 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Visual Communications Media Los Angeles, CA | $1,315,231 | $1,169,936 |
Middle East Studies Assoc Of North Tucson, AZ | $2,981,012 | $914,155 |
International Institute Of Gurmat Studies Inc Chino Hills, CA | $314,333 | $223,433 |
Oregon High School International Relations League Portland, OR | $14,234 | $0 |
Kitechild Malibu, CA | $37,591 | $78,920 |
California Institute Of International Studies Palo Alto, CA | $363,393 | $17,497 |
International Comparisons Penn Valley, CA | $2,352 | $0 |
North America Career Express Association Alhambra, CA | $127 | $0 |
Arc Asia Research Center Foundation Cerritos, CA | $7,867 | $0 |