Little Village Foundation
- Assets
- $208.4k
- Revenue
- $335.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Solvang, CA
- Founding
- 03/2015
- Data as of
- 12/2021
- EIN
- 47-1932736
Organization Overview
Little Village Foundation is located in Solvang, CA. The organization was established in 2015. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Little Village Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little Village 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 12/2021, Little Village Foundation generated $335.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.9% each year . All expenses for the organization totaled $224.3k during the year ending 12/2021. While expenses have increased by 25.5% 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
CONNECTING THE DIFFERENT POPULATIONS IN THE WORLD THROUGH THE COMMON DENOMINATOR OF MUSIC AND PROMOTING THE RICH DIVERSITY OF ARTISTS AND LISTENERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNECTING THE DIFFERENT POPULATIONS IN THE WORLD THROUGH THE COMMON DENOMINATOR OF MUSIC AND PROMOTING THE RICH DIVERSITY OF ARTISTS AND LISTENERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Pugh Executive Dir. | Trustee | 40 | $62,167 |
Diana O'connell Secretary | Trustee | 4 | $5,080 |
Maurice Tani Art Director | Trustee | 2 | $0 |
Paul Eichen President | Trustee | 2 | $0 |
Akarshar Kumar Director | Trustee | 2 | $0 |
Mike Ferguson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,598 |
| All other contributions, gifts, grants, and similar amounts not included above | $293,435 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $335,033 |
| 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 | $335,033 |
| 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. | $67,247 |
| Compensation of current officers, directors, key employees. | $14,405 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,215 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,850 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,265 |
| Office expenses | $5,647 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,676 |
| 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 | $0 |
| All other expenses | $1,275 |
| Total functional expenses | $224,346 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,415 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,000 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $208,415 |
| Accounts payable and accrued expenses | $7,386 |
| 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 | $11,005 |
| Total liabilities | $18,391 |
| Net assets without donor restrictions | $190,024 |
| 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 | $208,415 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Little Village Foundation has recieved totaling $220,850.
| Awarding Organization | Amount |
|---|---|
Gunzenhauser-Chapin Fund Greensboro, NC PURPOSE: TO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $66,000 |
Jonathan Logan Family Foundation Oakland, CA PURPOSE: GENERAL OPERATING | $50,000 |
Jonathan Logan Family Foundation Oakland, CA PURPOSE: GENERAL OPERATING | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $16,600 |
Lynn R & Karl E Prickett Fund Greensboro, NC PURPOSE: TO ASSIST EACH ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $10,250 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: GENERAL OPERATING | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Musicares Foundation Inc Santa Monica, CA | $28,828,154 | $32,357,649 |
San Francisco Jazz Organization San Francisco, CA | $64,965,614 | $11,913,007 |
Music Concourse Community Partnership San Francisco, CA | $31,271,076 | $4,428,131 |
Berkeley Music Group Berkeley, CA | $6,181,022 | $4,579,247 |
Kronos Performing Arts Assn San Francisco, CA | $1,591,460 | $2,774,082 |
Monterey Jazz Festival Monterey, CA | $3,593,346 | $4,129,138 |
Mosier Community School Foundation Inc Mosier, OR | $3,936,713 | $2,235,279 |
Carmel Bach Festival Inc Carmel, CA | $1,675,160 | $2,099,477 |
Camerata Pacifica Santa Barbara, CA | $1,526,106 | $1,221,933 |
American Bach Soloists San Francisco, CA | $908,845 | $1,282,181 |
Music For Minors Inc San Carlos, CA | $710,130 | $1,519,051 |
New West Symphony Association Thousand Oaks, CA | $774,216 | $1,642,962 |