Inglewood Open Studios
- Assets
- $17.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Inglewood, CA
- Founding
- Data as of
- 12/2023
- EIN
- 86-2679658
Organization Overview
Inglewood Open Studios is located in Inglewood, CA. 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. Inglewood Open Studios 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, Inglewood Open Studios generated $45.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $38.0k during the year ending 12/2023. While expenses have increased by 17.6% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
THE IOS ART WALK HAS BEEN OUR SIGNATURE EVENT SINCE 2006. THE EVENT DRAWS HUNDREDS OF VISITORS EACH YEAR FOR A SELF-GUIDED TOUR OF ARTISTS' STUDIOS ART GALLERIES AND CULTURAL ORGANIZATIONS THROUGHOUT INGLEWOOD WORKSHOPS TALKS PERFORMANCES AND FAMILY-FRIENDLY EVENTS ARE HOSTED BY ARTISTS ALL WEEKEND. IOS CELEBRATES LOCAL CREATIVES WITH THE ONLY OPEN STUDIO TOUR IN INGLEWOOD. THIS YEAR WE HAVE PROVIDED GRANTS TO TWO INDIVIDUALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Fox President | 0 | $3,000 | |
Holly Tempo Vice President | 0 | $8,500 | |
Joyce Dallal Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,061 |
| Total Program Service Revenue | $21,746 |
| Membership dues | $4,350 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,758 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $26,819 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $350 |
| Other expenses | $7,810 |
| Total expenses | $37,979 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,950 |
| Other assets | $0 |
| Total assets | $16,950 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,950 |