Laemmle Theatres Charitable Foundation
- Assets
- $2.0m
- Revenue
- $260.5k
- Investments
- $1.8m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/2000
- Data as of
- 12/2022
- EIN
- 95-4796405
Organization Overview
Laemmle Theatres Charitable Foundation is located in Los Angeles, CA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laemmle Theatres Charitable Foundation 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 12/2022, Laemmle Theatres Charitable Foundation generated $260.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $165.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Laemmle Theatres Charitable Foundation has awarded 289 individual grants totaling $1,269,805. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Laemmle President | 0.5 | $0 | |
Gregory Laemmle Treasurer & Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $151,714 |
| Interest on Savings | $0 |
| Dividends & Interest | $72,957 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,301 |
| Capital Gain Net Income | $32,301 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,529 |
| Total Revenue | $260,501 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,115 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $510 |
| Total operating and administrative expenses | $15,475 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $165,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287 |
| Savings and temporary cash investments | $157,464 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,785,981 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $18,301 |
| Total assets | $1,962,033 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Laemmle Theatres Charitable Foundation has awarded $150,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF THE LA RIVER FOLAR PURPOSE: GENERAL OPERATING FUNDS FOR ENVIRONMENTAL ORGANIZATION | $2,500 |
TREEPEOPLE PURPOSE: GENERAL/ENVIRONMENTAL ADVOCACY | $2,500 |
THE MUSIC GUILD PURPOSE: GENERAL OPERATING FUNDS FOR YOUTH MUSIC EDUCATION | $1,000 |
PROJECT ANGEL FOOD PURPOSE: GENERAL OPERATING FUNDS FOR SOCIAL SERVICES PROVIDER | $5,000 |
TRUST FOR PUBLIC LAND PURPOSE: PARKS FOR PEOPLE LA - GENERAL OPERATING FUNDS FOR ENVIRONMENTAL ORGANIZATION | $2,500 |
CHRYSALIS PURPOSE: GENERAL OPERATING FUNDS FOR HOMELESS TRAINING PROGRAM | $5,000 |