Los Angeles Center Of Photography is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Los Angeles Center Of Photography employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles Center Of Photography 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 12/2021, Los Angeles Center Of Photography generated $956.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $880.8k during the year ending 12/2021. While expenses have increased by 9.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LOS ANGELES CENTER OF PHOTOGARPHY PROMOTES PHOTOGRAPHY THROUGH ITS EDUCATIONAL PROGRAMS, EXHIBITS, AND OTHER CREATIVE OPPORTUNTIES AND VENUES. LACP IS DEDICATED
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHED STATEMENT OF ORGANIZATION'S 2021 ACCOMPLISHMENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ken Deemer President, Director | OfficerTrustee | 1 | $0 |
Sherrie Berger Secretary, Dir. | OfficerTrustee | 2 | $0 |
William Broder Treasurer, Dir. | OfficerTrustee | 2 | $0 |
Rotem Rozental Executive Director | Officer | 40 | $0 |
Tracy Albert Director | Trustee | 1 | $0 |
Aline Smithson Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $83,867 |
Related organizations | $0 |
Government grants | $124,950 |
All other contributions, gifts, grants, and similar amounts not included above | $161,613 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $370,430 |
Total Program Service Revenue | $525,038 |
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 | $955,968 |
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 | $317,640 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $27,548 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,206 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,069 |
Office expenses | $17,394 |
Information technology | $14,852 |
Royalties | $0 |
Occupancy | $140,473 |
Travel | $1,590 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $47,736 |
Interest | $1,656 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $175 |
Insurance | $12,368 |
All other expenses | $41,040 |
Total functional expenses | $880,803 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $360,184 |
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 | $88 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $360,272 |
Accounts payable and accrued expenses | $20,050 |
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 | $59,200 |
Other liabilities | $0 |
Total liabilities | $79,250 |
Net assets without donor restrictions | $281,022 |
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 | $360,272 |
Over the last fiscal year, we have identified 5 grants that Los Angeles Center Of Photography has recieved totaling $13,029.
Awarding Organization | Amount |
---|---|
Dextra Baldwin Mcgonagle Foundation Harrison, NY PURPOSE: GENERAL OPERATIONS | $10,000 |
Jiao And Duan Family Foundation Cupertino, CA PURPOSE: UNRESTRICTED | $1,000 |
Broder Foundation Encino, CA PURPOSE: UNRESTRICTED | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $529 |
Tim And Starleen Wood Foundation Salt Lake City, UT PURPOSE: CHARITY | $500 |
Organization Name | Assets | Revenue |
---|---|---|
American Film Institute Inc Los Angeles, CA | $61,308,139 | $40,403,671 |
International Documentary Association Inc Los Angeles, CA | $8,198,815 | $12,252,709 |
Film Independent Inc Los Angeles, CA | $7,465,634 | $11,527,723 |
Array Alliance Inc Encino, CA | $23,025,170 | $9,034,009 |
Santa Barbara International Film Festival Inc Santa Barbara, CA | $7,671,000 | $6,230,884 |
California Film Institute San Rafael, CA | $8,333,182 | $5,073,101 |
National Film Preserve Ltd Berkeley, CA | $40,155,231 | $15,232,996 |
Bfca Los Angeles, CA | $405,968 | $4,064,869 |
San Francisco Film Society San Francisco, CA | $2,689,392 | $4,948,774 |
Outfest Los Angeles, CA | $414,961 | $3,920,238 |
Bay Area Video Coalition Inc San Francisco, CA | $1,856,423 | $3,177,189 |
American Cinematheque Los Angeles, CA | $27,763,140 | $2,833,838 |