Downtown Los Angeles Art Walk
- Assets
- $15.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 07/2011
- Data as of
- 06/2022
- EIN
- 27-0575032
Organization Overview
Downtown Los Angeles Art Walk is located in Los Angeles, CA. The organization was established in 2011. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Downtown Los Angeles Art Walk 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 06/2022, Downtown Los Angeles Art Walk generated $13.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.3%) each year. All expenses for the organization totaled $18.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (20.2%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
DURING THE PERIOD OF JULY 1 2021 TO JUNE 30 2022, THE DOWNTOWN ART WALK CONTINUES TO PROMOTE THE EXISTING GALLERIES AND ASSISTS IN PROMOTING NEW AND UPCOMING GALLERIES AND ART SPACES THAT ARE STARTING UP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Tseng Secretary | 1 | $0 | |
Brady Metcalfe Director | 1 | $0 | |
Andre Miripolsky Artist | 1 | $0 | |
Patrice Russell Hopper Director | 1 | $0 | |
Jacquelyn Jones Treasurer | 1 | $0 | |
Diego Cardoso Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,992 |
| 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 | $12,992 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,650 |
| Professional fees and other payments to independent contractors | $2,175 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $21 |
| Other expenses | $5,236 |
| Total expenses | $18,082 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,886 |
| Other assets | $0 |
| Total assets | $15,886 |
| Total liabilities | $253 |
| Net assets or fund balances | $15,633 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Downtown Los Angeles Art Walk has recieved totaling $42.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $42 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scottsdale Cultural Council Scottsdale, AZ | $11,025,722 | $9,457,681 |
Regional Arts & Culture Council Portland, OR | $19,063,213 | $7,551,679 |
Public Corporation For The Arts Of The City Of Long Beach Long Beach, CA | $1,457,547 | $3,278,156 |
Silicon Valley Creates San Jose, CA | $3,422,422 | $3,649,409 |
Arts Foundation For Tucson And Southern Arizona Tucson, AZ | $962,823 | $2,764,591 |
Oregon Council For The Humanities Portland, OR | $2,576,725 | $2,357,647 |
Arts Council Santa Cruz County Santa Cruz, CA | $3,610,381 | $2,573,468 |
Fresno Arts Council Inc Fresno, CA | $1,695,562 | $2,423,819 |
Palos Verdes Art Center Beverly G Alpay Center For Arts Education Rancho Palos Verdes, CA | $13,310,547 | $3,276,313 |
Arts Council For Monterey County Monterey, CA | $1,257,748 | $1,850,985 |
Fulcrum Arts Pasadena, CA | $1,056,280 | $1,532,362 |
Central Valley Center For The Arts Inc Modesto, CA | $26,162,154 | $1,107,671 |