Center For Art And Thought
- Assets
- $5.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 04/2013
- Data as of
- 12/2020
- EIN
- 90-0766567
Organization Overview
Center For Art And Thought is located in Los Angeles, CA. The organization was established in 2013. 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. Center For Art And Thought 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 12/2020, Center For Art And Thought generated $5.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (33.3%) each year. All expenses for the organization totaled $11.9k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
IN 2020, OUR MAJOR ACCOMPLISHMENT WAS TO HOST A VIRTUAL RESIDENCY FORTHE POET-SCHOLAR JASON MAGABO PEREZ. WE WORKED ON THE THEME, TIMELINE, TECHNICAL DESIGN, AND PUBLICITY STRATEGY FOR THE PUBLICATION OF HIS WRITINGS, AS AN OUTCOME OF HIS RESIDENCY, ON OUR WEBSITE AS A PROJECT TITLED SAVAGE LOVEBIRD. WE ALSO HELPED TO PUBLICIZE AND ARCHIVE RECORDINGS OF A FILIPINO AMERICAN AUTHORS READING ORGANIZED BY PEREZ AS PART OF HIS POP-UP DIGITAL SALA SERIES OF ONLINE POETRY AND FICTION EVENTS. WE CONTINUED TO HIRE AND WORK WITH AN IT CONSULTANT TO OUTLINE STEPS TO UPGRADE THE WEBSITE/PLATFORM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Sarita See President | 5 | $0 | |
Allen Isaac Secty/treas | 2 | $0 | |
Ronaldo Wilson Director | 2 | $0 | |
Ralph Pena Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,000 |
| 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 | $9,592 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $8 |
| Other expenses | $2,257 |
| Total expenses | $11,857 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,657 |
| Other assets | $0 |
| Total assets | $5,657 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,657 |