Grand Performances
- Assets
- $2.2m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 48
- Location
- Los Angeles, CA
- Founding
- 10/1996
- Data as of
- 12/2023
- EIN
- 95-4576761
Organization Overview
Grand Performances is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Grand Performances employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Performances 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, Grand Performances generated $2.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 1.7% per year over the past 9 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
TO COMMISSION, PRODUCE, AND PRESENT PERFORMING ARTS AND RELATED PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2023, THE ORGANIZATION PRESENTED 24 PERFORMANCES AT CALIFORNIA PLAZA FEATURING MORE THAN 105 ARTISTS REPRESENTING A DIVERSE CROSS-SECTION OF LOS ANGELES NEIGHBORHOODS AND INTERNATIONAL COMMUNITIES. THE ORGANIZATION GREW ITS SOCIAL REACH TO 118K+ FOLLOWERS WITH OVER 3 MILLION VIEWS. MEDIA OUTREACH AND PARTNERSHIPS EARNED 191 PLACEMENTS ACROSS BROADCAST RADIO, TV AND PRINT/DIGITAL PRESS, RESULTING IN 849 MILLION IMPRESSIONS. THE ORGANIZATION EXPANDED ITS DIGITAL OFFERINGS, WITH WEEKLY CONCERT LIVE-STREAMS AND BEHIND-THE-SCENES VIDEOS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karla V Salazar Chair | OfficerTrustee | 4 | $0 |
Cynthia Harding Vice-Chair | OfficerTrustee | 2 | $0 |
Dena Harte Treasurer | OfficerTrustee | 2 | $0 |
Jessica Kaczmarek Secretary | OfficerTrustee | 2 | $0 |
Michael Boardman Board Member | Trustee | 1 | $0 |
Jacqueline Chun Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $166,387 |
| All other contributions, gifts, grants, and similar amounts not included above | $734,189 |
| Noncash contributions included in lines 1a–1f | $1,943 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $900,576 |
| Total Program Service Revenue | $1,373,939 |
| Investment income | $35,362 |
| 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 | $10,123 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,320,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $152,547 |
| Compensation of current officers, directors, key employees. | $30,509 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $780,481 |
| Pension plan accruals and contributions | $3,065 |
| Other employee benefits | $43,105 |
| Payroll taxes | $88,788 |
| Fees for services: Management | $81,484 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,661 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $182,470 |
| Advertising and promotion | $52,005 |
| Office expenses | $69,115 |
| Information technology | $43,710 |
| Royalties | $0 |
| Occupancy | $27,498 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,525 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $96,013 |
| Insurance | $27,681 |
| All other expenses | $0 |
| Total functional expenses | $2,000,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,107 |
| Savings and temporary cash investments | $926,852 |
| Pledges and grants receivable | $102,130 |
| Accounts receivable, net | $541,745 |
| 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 | $11,574 |
| Net Land, buildings, and equipment | $563,105 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,439 |
| Total assets | $2,222,952 |
| Accounts payable and accrued expenses | $103,717 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $42,440 |
| 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 | $4,378 |
| Total liabilities | $150,535 |
| Net assets without donor restrictions | $1,804,864 |
| Net assets with donor restrictions | $267,553 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,222,952 |