Beauty Industry West Inc is located in Los Angeles, CA. The organization was established in 1992. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beauty Industry West Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Beauty Industry West Inc generated $88.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $95.0k during the year ending 12/2022. While expenses have increased by 1.5% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
BEAUTY INDUSTRY WEST IS A CALIFORNIA BASED TRADE ORGANIZATION THAT PROVIDES EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR VENDORS, COMPANIES,
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne Lee Treasurer | 10 | $0 | |
Florence Nacino Vice President | 10 | $0 | |
Amalia Gonzales Secretary | 10 | $0 | |
Dustin Cash President | 10 | $0 | |
Lisa Martines Assistant Treasurer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,898 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,190 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,088 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $94,978 |
| Total expenses | $94,978 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,692 |
| Other assets | $0 |
| Total assets | $13,122 |
| Total liabilities | $410 |
| Net assets or fund balances | $12,712 |