Hemispheres Art Academy is located in Gold River, CA. Hemispheres Art Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
DUE TO A SIGNIFICANT DECREASE IN GRANTS, GIFTS, CONTRIBUTIONS AND OTHER FUNDING, HEMISPHERES WAS FORCED TO SUSPEND ART INSTRUCTION PROGRAM ACTIVITIES DURING THE SUMMER AND FALL OF 2004 UNTIL VOLUNTEER FUNDRAISING COULD PRODUCE ENOUGH INCOME TO SUPPORT THOSE ART INSTRUCTION PROGRAMS, AS WELL AS MINIMAL OPERATING EXPENSES.THE ORGANIZATION HAS SINCE HELD HIGHLY SUCCESSFUL FUNDRAISING EVENTS KNOWN AS ROAST FOR THE ARTS. THESE EVENTS HAVE PROVIDED FUNDS ALLOWING THE ORGANIZATION TO BEGIN MAKING GRANTS TO OTHER LOCAL NON-PROFIT ORGANIZATIONS SUPPORTING THEIR ART EDUCATION PROGRAMS FOR CHILDREN. THOSE GRANTS TOTALED $100,000 FOR FYE 2017, WHICH WAS COMPRISED OF A SINGLE GRANT, WHICH LIQUIDATED THE ORGANIZATIONS ASSETS.THE ORGANIZATION HAS MADE A LIQUIDATING DISTRIBUTION/CONTRIBUTION TO ANOTHER LOCAL 501(C)(3) ORGANIZATION (MEP CAREER PATHWAY ACADEMIES), FOR THE PURPOSE OF SUPPORTING THAT ENTITIES EFFORTS TO CONTINUE SUPPORTING ART EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert K Fong CEO | 0 | $0 | |
Julius Cherry Director | 0 | $0 | |
Paul Petrovich Director | 0 | $0 | |
Catherine Ann Miller Treasurer | 0 | $0 | |
Lisa Nava Secretary | 0 | $0 | |
Ken Leonardini Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
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 | $0 |
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 | $3,851 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $35 |
Total expenses | $3,886 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |
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