Arcadia Performing Arts Foundation
- Assets
- $318.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 10
- Location
- Arcadia, CA
- Founding
- 03/2013
- Data as of
- 06/2023
- EIN
- 46-0841295
Organization Overview
Arcadia Performing Arts Foundation is located in Arcadia, CA. The organization was established in 2013. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Arcadia Performing Arts Foundation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arcadia Performing Arts 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 06/2023, Arcadia Performing Arts Foundation generated $21.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (32.9%) each year. All expenses for the organization totaled $51.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (25.9%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
SUPPORTS PROGRAMS FOR THE ARTS, EDUCATION AND CULTURE IN THE ARCADIA SCHOOL DISTRICT AND IN THE WEST SAN GABRIEL VALLEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Romo Chairman | 10 | $0 | |
Gary Kovacic Presidentceo | 10 | $0 | |
Christine Lee CFO | 10 | $0 | |
Judy Lin Secretary | 2 | $0 | |
David Lee First VP | 2 | $0 | |
Mike Danielson VP Operations | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,959 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,604 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,563 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,928 |
| Professional fees and other payments to independent contractors | $3,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,166 |
| Total expenses | $51,881 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $302,863 |
| Other assets | $0 |
| Total assets | $318,863 |
| Total liabilities | $395 |
| Net assets or fund balances | $318,468 |