In A Perfect World Foundation is located in Los Angeles, CA. The organization was established in 2006. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, In A Perfect World Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. In A Perfect World 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 12/2023, In A Perfect World Foundation generated $409.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $572.0k during the year ending 12/2023. While expenses have increased by 7.4% 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.
Since 2015, In A Perfect World Foundation has awarded 55 individual grants totaling $655,986. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE EMPOWER YOUNG PEOPLE WITH THE TOOLS, SKILLS, AND OPPORTUNITIES THEY NEED TO SUCCEED AND THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH AMBASSADORS: OUR YOUTH AMBASSADORS PROGRAM PROVIDES TEENS WITH SOCIAL-EMOTIONAL & LEADERSHIP SKILLS, EMPOWERING THEM TO FIND PURPOSE AND DEVELOP THE LIFE-READINESS AND CRITICAL THINKING NEEDED TO SUCCEED. TEENS IDENTIFY THEIR STRENGTHS AND PASSIONS, EQUIP THEIR LEADERSHIP TOOLBOX, AND BECOME EMPATHETIC LEADERS READY TO IMPLEMENT YOUTH-LED SOCIAL IMPACT PROJECTS IN THEIR COMMUNITIES. IN 2023, OUR YOUTH AMBASSADORS TRAVELED TO GUATEMALA TO BUILD A SCHOOL FOR AN INDIGENOUS MAYA COMMUNITY THROUGH OUR REACH PROGRAM. THIS LIFE-CHANGING EXPERIENCE DEEPENS THEIR CULTURAL COMPETENCY AND UNDERSTANDING OF GLOBAL EDUCATION ISSUES
LOVE 4 ONE ANOTHER: LOVE 4 ONE ANOTHER (L4OA) WAS ESTABLISHED BY IAPW TO HONOR AND BUILD UPON THE PHILANTHROPIC WORK BETWEEN IAPW FOUNDER, MANUELA TESTOLINI AND MUSIC ICON, PRINCE. THROUGH L4OA, WE HARNESS THE POWER OF MUSIC, ART, AND TECHNOLOGY TO EMPOWER YOUNG PEOPLE IN UNDER-RESOURCED SCHOOLS AND COMMUNITIES. BY PROVIDING MUSICAL INSTRUMENTS, MUSIC THERAPY INTERVENTIONS, AND MULTIMEDIA TOOLS, WE PROMOTE WELL-BEING AND GIVE KIDS THE CHANCE TO STRENGTHEN THEIR ACADEMICS AND HAVE THEIR VOICES HEARD. IN 2023, WE OPENED A NEW MUSIC & MULTIMEDIA LAB AND TEEN EMPOWERMENT CENTER IN SOUTHEAST D.C.. THE SPACE HOSTS OUR DREAMCATCHERS AND YOUTH AMBASSADORS PROGRAMS AND PROVIDES ACCESS TO TECHNOLOGY AND MUSIC FOR 600 STUDENTS FROM ONE OF THE MOST ECONOMICALLY DISADVANTAGED AND UNDERSERVED COMMUNITIES IN THE COUNTRY. GOODTECH: GOODTECH CURRICULUM INTEGRATING DIGITAL LITERACY, CIVIC ENGAGEMENT, AND 21ST-CENTURY LEADERSHIP SKILLS, WITH YOUTH-DRIVEN SOCIAL IMPACT. THROUGH GOODTECH, STUDENTS LEARN ABOUT ART, MUSIC, AND PODCASTING FOR SOCIAL CHANGE, AND ARE INSPIRED TO FIND THEIR VOICE, RALLY THEIR COMMUNITY, AND BRING LIGHT TO THE ISSUES THEY CARE ABOUT.
THROUGH REACH (RURAL EDUCATION AND COMMUNITY HARMONY), WE BRING SCHOOLS AND RESOURCES TO RURAL COMMUNITIES IN SOME OF THE WORLDS ECONOMICALLY POOREST COUNTRIES, HARNESSING THE POWER OF EDUCATION TO EMPOWER ALL CHILDREN TO HAVE A VOICE IN THE WORLD. WITH 34 SCHOOLS IN 8 DIFFERENT COUNTRIES, WE'VE PROVIDED THOUSANDS OF CHILDREN WITH ACCESS TO EDUCATION, HELPING TO BREAK THE CYCLE OF POVERTY AND ILLITERACY. WORKING SIDE-BY-SIDE WITH THE COMMUNITY, WE IDENTIFY REMAINING BARRIERS TO EDUCATION FOR STUDENTS AND WORK TO IMPLEMENT SUPPORTING, WRAPAROUND SERVICES SUCH AS CLEAN WATER, SUSTAINABLE FARMING, SCHOOL MEAL PROGRAMS, AND SOLAR POWER. IN 2023, WITH THE HELP OF OUR YOUTH AMBASSADORS, WE BUILT OUR 34TH SCHOOL BRINGING EDUCATION TO AN INDIGENOUS MAYAN COMMUNITY IN THE HIGHLANDS OF GUATEMALA.
DREAMCATCHERS: THROUGH THE POWER OF ART & STORYTELLING, WE TEACH KIDS AGES 5-12 ABOUT SOCIAL ISSUES FROM HUNGER & POVERTY TO CLEAN WATER & CLIMATE CHANGE, CULTIVATING THEIR NATURAL EMPATHY AND EMPOWERING THEM TO MAKE A DIFFERENCE. OUR SIGNATURE DREAMCATCHERS INITIATIVE, LUCIA & LUNAS BACKPACK DRIVE, WHAT STARTED AS A 5-YEAR-OLD'S SERVICE PROJECT HAS BECOME AN AWARD- WINNING, ANNUAL INITIATIVE SUPPORTING 1,500+ STUDENTS FROM LOW-INCOME FAMILIES AND HIGH-NEED CLASSROOMS IN LOS ANGELES. THROUGH YOUTH-LED FUNDRAISING EFFORTS, WE HAVE RAISED OVER 50,000 FOR KIDS IN NEED. IN 2023, THROUGH NEW PARTNERSHIPS WITH THE BOYS AND GIRLS CLUB AND SELECT CHARTER SCHOOLS, WE BROUGHT OUR DREAMCATCHERS & YOUTH AMBASSADORS PROGRAMS TO HUNDREDS MORE KIDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Manuela Testolini Founder/pres | OfficerTrustee | 40 | $96,320 |
Norman Bailey Chairman | OfficerTrustee | 1 | $0 |
Linda Livingston Director | Trustee | 1 | $0 |
Christine Oneksy Director | Trustee | 1 | $0 |
Andy Taylor Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $214,706 |
Related organizations | $0 |
Government grants | $22,303 |
All other contributions, gifts, grants, and similar amounts not included above | $197,687 |
Noncash contributions included in lines 1a–1f | $5,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $434,696 |
Total Program Service Revenue | $0 |
Investment income | $53,396 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$26,071 |
Net Income from Fundraising Events | -$52,315 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $409,885 |
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. | $96,320 |
Compensation of current officers, directors, key employees. | $9,632 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $104,487 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $15,586 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,718 |
Fees for services: Accounting | $26,560 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $15,149 |
Fees for services: Other | $75,949 |
Advertising and promotion | $22,129 |
Office expenses | $5,544 |
Information technology | $16,651 |
Royalties | $0 |
Occupancy | $5,309 |
Travel | $35,687 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,525 |
All other expenses | $1,471 |
Total functional expenses | $571,958 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $110,679 |
Savings and temporary cash investments | $1,494 |
Pledges and grants receivable | $222 |
Accounts receivable, net | $0 |
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 | $3,452 |
Net Land, buildings, and equipment | $7,000 |
Investments—publicly traded securities | $2,501,001 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $17,463 |
Other assets | $0 |
Total assets | $2,641,311 |
Accounts payable and accrued expenses | $20,306 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
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 | $0 |
Total liabilities | $20,306 |
Net assets without donor restrictions | $2,600,826 |
Net assets with donor restrictions | $20,179 |
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 | $2,641,311 |
Over the last fiscal year, In A Perfect World Foundation has awarded $35,038 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
FORMIDABLE JOY PURPOSE: SOLAR WATER PROJECT MALAWI SCHOOL | $12,794 |
SCHOOL THE WORLD PURPOSE: SCHOLARSHIPS, BOOKS, TUTORS | $22,244 |