Ipalpiti Artists International Inc
- Assets
- $200.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 10/1997
- Data as of
- 12/2023
- EIN
- 95-4618040
Organization Overview
Ipalpiti Artists International Inc is located in Los Angeles, CA. The organization was established in 1997. 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. Ipalpiti Artists International Inc 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, Ipalpiti Artists International Inc generated $168.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $101.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 9 years. 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 Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL ASSISTANCE TO GIFTED CLASSICAL MUSICIANS, TO PROMOTE THEIR CAREERS, AND TO PROVIDE LOW OR NO COST PERFORMANCES OF CLASSICAL MUSIC TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3
A CLASSICAL MUSIC FESTIVALS WERE PRODUCED FOR THE PURPOSE OF PROMOTING THE TALENTS OF GIFTED MUSICIANS AND PROVIDING LOW OR NO COST PERFORMANCE OF CLASSICAL MUSIC TO THE PUBLIC.THE FESTIVAL CONSISTED OF A SERIES OF CHAMBER MUSIC SOLOS AND ENSEMBLES AND ORCHESTRAL PERFORMANCES.A SIGNIFICANT PORTION OF THE ORGANIZATION'S PROGRAM SERVICES ARE ACCOMPLISHED THROUGH THE USE OF A DEDICATED FORCE OF VOLUNTEERS AND BENEFACTORS WHO HAVE PROVIDED PROFESSIONAL SERVICES, TRANSPORTATION, AUDIO SERVICES AND RECORDINGS, PHOTOGRAPHY, FACILITIES, CATERING, PERFORMANCE APPAREL AND MANY OTHER GOODS AND SERVICES AT NO COST TO THE ORGANIZATION. THE ESTIMATED VALUE OF THESE GOODS AND SERVICES IS APPROXIMATELY $150,000
YOUNG MUSICIANS WERE PROVIDED GRANTS AND THE OPPORTUNITY TO GAIN ADDITIONAL PUBLIC EXPOSURE AND PROFESSIONAL MUSIC COACHING SERVICES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mikhail Gershfeld Chairman | 2 | $0 | |
Jonathan Steinberg Member | 0 | $0 | |
Lauren Dani Chung Memeber | 0 | $0 | |
Mary Levin-Cutler Member | 0 | $0 | |
Helena Krol-Kolodziey Member | 0 | $0 | |
Stefan Ashkenazy Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,185 |
| Total Program Service Revenue | $10,524 |
| Membership dues | $0 |
| Investment income | $3,276 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $167,985 |
| 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 | $6,782 |
| Other expenses | $94,261 |
| Total expenses | $101,043 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $199,997 |
| Other assets | $0 |
| Total assets | $199,997 |
| Total liabilities | $927 |
| Net assets or fund balances | $199,070 |