Downtown Los Angeles Art Walk
- Assets
- $9.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 07/2011
- Data as of
- 06/2023
- 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 06/2023, Downtown Los Angeles Art Walk generated $21.2k 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 (19.5%) each year. All expenses for the organization totaled $27.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 8 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 Program Activity:
Part 3
THE DOWNTOWN LOS ANGELES ART WALK CONTINUED TO PROMOTE AND CREATE CONTENT TO SHOWCASE EXISTING AND NEW GALLERIES, EXHIBITIONS, CULTURAL EVENTS, CREATIVE VENUES, ARTISTS, AND OTHER RELEVANT ARTISTIC OPPORTUNITIES AND PARTNERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacquelyn Jones Treasurer | 1 | $0 | |
Bonnie Tseng Secretary | 1 | $0 | |
Brady Metcalfe Director | 1 | $0 | |
Diego Cardoso Chairman | 1 | $0 | |
Patrice Russell Hopper Director | 1 | $0 | |
Andre Miripolsky Artist | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,226 |
| 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 | $21,226 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,856 |
| Professional fees and other payments to independent contractors | $3,356 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $14 |
| Other expenses | $7,335 |
| Total expenses | $27,561 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,391 |
| Other assets | $0 |
| Total assets | $9,391 |
| Total liabilities | $194 |
| Net assets or fund balances | $9,197 |