Clockshop
- Assets
- $298.3k
- Revenue
- $488.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Los Angeles, CA
- Founding
- 01/2004
- Data as of
- 06/2022
- EIN
- 33-1057561
Organization Overview
Clockshop is located in Los Angeles, CA. The organization was established in 2004. 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 06/2022, Clockshop employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clockshop 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, Clockshop generated $488.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $462.6k during the year ending 06/2022. While expenses have increased by 14.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SUPPORT AND PRODUCTION OF PROJECTS BY ARTISTS, WRITERS AND FILMMAKERS. PRODUCTION OF CULTURAL EVENTS SUCH AS CONVERSATIONS, READINGS, AND EDUCATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLOCKSHOP CONTINUED TO WORK IN PARTNERSHIP WITH CALIFORNIA STATE PARKS AT THE BOWTIE AND AT LOS ANGELES STATE HISTORIC PARK, TWO PARCELS OF LAND ALONG THE LOS ANGELES RIVER, BRINGING ART AND CULTURAL PROGRAMMING THAT SERVES THE SURROUNDING COMMUNITY. CLOCKSHOP ALSO PROGRAMMED AN ENVIRONMENTAL EDUCATION PROGRAM FOR YOUTH AROUND CONCEPTUAL DESIGN AT THE BOWTIE, AND COMMISSIONED 2 NEW PUBLIC ART PROJECTS AT LA STATE HISTORIC PARK FOR 2021-2022.
OTHER
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Vought Treasurer | OfficerTrustee | 1 | $0 |
Andy Wong President | OfficerTrustee | 1 | $0 |
York Chang Vice Preside | OfficerTrustee | 1 | $0 |
Ashley Hunt Secretary | OfficerTrustee | 1 | $0 |
Meldia Yesayan Treasurer | OfficerTrustee | 1 | $0 |
Elizabeth Gibb Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $321,545 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $321,545 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $488,078 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,898 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,204 |
| Payroll taxes | $15,212 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,097 |
| Fees for services: Accounting | $7,405 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $113,998 |
| Advertising and promotion | $0 |
| Office expenses | $6,798 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,000 |
| Travel | $0 |
| 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 | $5,731 |
| All other expenses | $13,531 |
| Total functional expenses | $462,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $296,084 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,969 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $275 |
| Total assets | $298,328 |
| Accounts payable and accrued expenses | $6,497 |
| 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 | $167,902 |
| Total liabilities | $174,399 |
| Net assets without donor restrictions | $123,929 |
| Net assets with donor restrictions | $0 |
| 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 | $298,328 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Clockshop has recieved totaling $88,005.
| Awarding Organization | Amount |
|---|---|
The Mike Kelley Foundation For The Arts Los Angeles, CA PURPOSE: 2021 ORG SUPPORT GRANTS | $25,000 |
California Humanities Oakland, CA PURPOSE: CORE PROGRAMS | $22,500 |
| $19,500 | |
Herman Brothers Foundation Los Angeles, CA PURPOSE: PUBLIC SUPPORT OF ORGANIZATION'S MISSION | $10,000 |
The Wilhelm Family Foundation Los Angeles, CA PURPOSE: PUBLIC ARTS & YOUTH PROGRAM "THE BOWTIESTORYTELLERS" | $10,000 |
Whh Foundation San Marino, CA PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jserra Catholic High School San Juan Capistrano, CA | $110,381,982 | $32,636,304 |
The Society For The Promotion Of Japanese Animation Santa Ana, CA | $0 | $15,922,386 |
Haven Gallery Pomona, CA | $12,441,851 | $10,866,207 |
Yerba Buena Center For The Arts San Francisco, CA | $31,419,770 | $23,544,531 |
Festival Of Arts Of Laguna Beach Laguna Beach, CA | $11,626,110 | $10,814,120 |
Wallis Annenberg Center For The Performing Arts Beverly Hills, CA | $86,738,826 | $10,256,946 |
Maui Arts & Cultural Center Kahului, HI | $31,390,294 | $9,713,031 |
Immigration Institute Of The Bay Area San Francisco, CA | $7,526,224 | $6,922,510 |
Montalvo Association Saratoga, CA | $34,273,816 | $7,481,073 |
First Step Housing Sacramento, CA | $1,058,195 | $4,450,714 |
The Center For Cultural Innovation Los Angeles, CA | $15,572,704 | $5,971,325 |
Alliance For California Traditional Arts Fresno, CA | $2,645,027 | $4,730,784 |