Living The Dream Foundation
- Assets
- $88.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 11/2011
- Data as of
- 12/2022
- EIN
- 45-2154991
Organization Overview
Living The Dream Foundation is located in Newport Beach, CA. The organization was established in 2011. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Living The Dream Foundation 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, Living The Dream Foundation generated $144.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $189.3k during the year ending 12/2022. While expenses have increased by 3.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE ESCORT OUR GUESTS ACROSS THE UNITED STATES TO ATTEND MUSIC FESTIVALS AND RECEIVE A DREAM DAY VIP EXPERIENCE. OUR GUESTS ARE FLOWN TO THE MUSIC FESTIVAL, RECEIVE HOTEL ACCOMODATIONS, MEALS, ALL-ACCESS PASSES TO THE VENUES, MEET AND GREETS WITH THEIR FAVORITE BANDS, AND ONSTAGE/BACKSTAGE SPECIAL GUEST ACKNOWLEDGMENTS. SOME FESTIVALS WE GRANTED DREAM DAYS ON INCLUDE: WELCOME TO ROCKVILLE, EMO NITE, INKCARCERATION, BOURBON AND BEYOND, LOUDER THAN LIFE, AFTERSHOCK, GOLDEN SKY, AND WHEN WE WERE YOUNG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Fuentes Co-Chairman | 15 | $0 | |
Scottie Somers Co-Chairman | 1 | $0 | |
Robyn Huereca Secretary | 1 | $0 | |
Dave Shapiro President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,495 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,572 |
| Other Revenue | $0 |
| Total Revenue | $144,067 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,216 |
| Professional fees and other payments to independent contractors | $3,625 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $814 |
| Other expenses | $139,638 |
| Total expenses | $189,293 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,590 |
| Other assets | $0 |
| Total assets | $88,590 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,590 |