Coaxial Arts Foundation
- Assets
- $89.9k
- Revenue
- $291.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2015
- Data as of
- 06/2023
- EIN
- 47-3355354
Organization Overview
Coaxial Arts Foundation is located in Los Angeles, CA. The organization was established in 2015. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coaxial 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, Coaxial Arts Foundation generated $291.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.2% each year . All expenses for the organization totaled $223.4k during the year ending 06/2023. While expenses have increased by 29.6% per year over the past 5 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
COAXIAL ARTS FOUNDATION'S MISSION IS TO FACILITATE A COLLECTIVE OF ARTISTS THAT SUPPORTS THE COMMUNITY AT LARGE BY RUNNING AN ART SPACE WHERE ONE CAN EXPERIENCE NEW WORK OF EXPERIMENTAL VIDEO, SOUND, AND PERFORMANCE ART UNDER ONE ROOF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COAXIAL ARTS FOUNDATION PROVIDED WEEK-LONG SOLO ARTIST RESIDENCIES FOR 8 INDIVIDUAL ARTISTS WITH PRODUCTION, MATERIALS, AND TRAVEL SUPPORT FOR OUT OF TOWNERS IN THIS FY.
COAXIAL ARTS FOUNDATION SERVED OVER 530 INDIVIDUAL ARTISTS AND PERFORMERS THROUGH FY 22 BOTH ONLINE AND IN-PERSON PROGRAMMING. COAXIAL ARTS FOUNDATION HOSTED OVER 119 INDIVIDUAL EVENTS THIS FY WITH OVER 4107 ATTENDEES.
COAXIAL ARTS FOUNDATION HOSTED AN INAUGURAL NIGHT-MARKET IN THE BACK PARKING LOT THAT SERVED OVER 60 COMMUNITY VENDORS, VIDEO ARTISTS, AND PERFORMERS. THE MARKET HAD AN ESTIMATED ATTENDANCE OF 200 INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eva Aguila Fansler Board President | OfficerTrustee | 5 | $0 |
Marlo Delara Vice President | OfficerTrustee | 15 | $19,203 |
Shannon Kennedy Secretary | OfficerTrustee | 5 | $0 |
Brock Fansler Treasurer | OfficerTrustee | 5 | $0 |
Christopher Reid Martin Board Member | Trustee | 2 | $0 |
Paul Haney Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $15,821 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $252,809 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $268,630 |
| Total Program Service Revenue | $23,918 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$762 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $291,786 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $48,531 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $19,203 |
| Compensation of current officers, directors, key employees. | $19,203 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,550 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,898 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $85 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,079 |
| Office expenses | $6,704 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,400 |
| Travel | $3,324 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,348 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,049 |
| All other expenses | $0 |
| Total functional expenses | $223,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,916 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $89,916 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $89,916 |
| Total liabilities and net assets/fund balances | $89,916 |