Bloom Arts Foundation Inc
- Assets
- $36.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-3004923
Organization Overview
Bloom Arts Foundation Inc is located in Los Angeles, CA. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Bloom Arts Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE ARE HONORED TO PROVIDE MUSIC AND MOVEMENT AND DANCE CLASSES TOSTUDENTS ACROSS LOS ANGELES. WE FOCUS ON REMOVING ACCESS ANDCOST BARRIERS THAT PREVENT STUDENTS FROM PARTICIPATING IN THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Porter Executive Director | 40 | $13,711 | |
Radhika Fliegel Chief Operating Officer | 40 | $10,292 | |
David C Hemann Director | 1 | $0 | |
Gail Draper Director | 0 | $0 | |
Darlene Fountaine Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,957 |
| Total Program Service Revenue | $91,489 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $640 |
| Total Revenue | $121,086 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,874 |
| Professional fees and other payments to independent contractors | $22,599 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,865 |
| Other expenses | $7,114 |
| Total expenses | $89,452 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,447 |
| Other assets | $0 |
| Total assets | $36,447 |
| Total liabilities | $3,518 |
| Net assets or fund balances | $32,929 |