Local Color
- Assets
- $363.8k
- Revenue
- $675.8k
- Investments
- $0.0
- Employees
- 5
- Location
- San Jose, CA
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 47-3980272
Organization Overview
Local Color is located in San Jose, CA. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Local Color employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local Color 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, Local Color generated $675.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 45.5% each year . All expenses for the organization totaled $560.6k during the year ending 12/2021. 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
LOCAL COLORS MISSION IS TO BUILD EQUITABLE OPPORTUNITIES TO KEEP EMERGING AND ESTABLISHED ARTISTS ACTIVE, EMPLOYED, AND ENGAGED IN SAN JOSE BY FACILITATING PUBLIC ART, AFFORDABLE ARTIST STUDIOS, AND FISCAL SPONSORSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC ART-THIS PROGRAM ESTABLISHES VISUAL LANDMARKS THAT DEFINE A CITY, AND THROUGH LOCAL COLORS FACILITATION OF PUBLIC ART, WE CREATE CRITICAL ECONOMIC OPPORTUNITIES FOR LOCAL ARTISTS. IN 2020 AND 2021, LOCAL COLOR ESTABLISHED 266 CREATIVE JOBS AND PAID OUT $252,021 IN ARTIST WAGES ALONE.
ARTISTS IN RESIDENCE STUDIOS (AIR), THIS PROGRAM PROVIDES ESSENTIAL WORK AND COLLABORATIVE SPACE FOR THE LOCAL CREATIVE COMMUNITY. IN PARTNERSHIP WITH DEVELOPERS, LOCAL COLOR REACTIVATES BLIGHTED BUILDINGS SLATED FOR DEMOLITION AS AFFORDABLE ARTISTS' STUDIOS. THROUGH THE INTENTIONAL INTEGRATION OF ARTS INTO THE DEVELOPMENT CYCLE, LOCAL COLOR IS CARVING A NEW PATH TOWARDS A FUTURE SAN JOSE THAT KEEPS LOCAL ARTS WITH A SEAT AT THE TABLE. CURRENTLY, LOCAL COLORS TWO WORKSPACES TOTAL OVER 23,000 SQUARE FEET. THROUGHOUT THE PANDEMIC, WE CENTERED SAFE OPERATIONAL STANDARDS AND RETAINED 80% OF OUR MEMBERSHIP BASE OVER THE LAST 3 YEARS BY COMPASSIONATELY PROVIDING DISCOUNTS ON STUDIO MEMBERSHIPS TO PREVENT ARTIST DISPLACEMENT. CONCENTRATED PROOF OF THRIVING ARTISTS FORMS A DATA POINT IN OUR ADVOCACY FOR SUSTAINED INTEGRATION AND INVESTMENT IN THE ARTS WITHIN OUR COMMUNITIES.
LOCAL COMMONS (FISCAL SPONSORSHIP)THIS PROGRAM FOSTERS SUSTAINABILITY FOR SOUTH BAY ORGANIZERS BY LEVERAGING OUR 501.C.3. STATUS TO EXPAND ACCESS TO GRANT FUNDING FOR SELF-DIRECTED CREATIVE PROJECTS. IN 2021 LOCAL COLOR FORMED 10 MODEL C RELATIONSHIPS WITH A DIVERSE RANGE OF CULTURAL PRODUCERS. TO DATE, $65,000 HAS BEEN REDIRECTED TO UNDERFUNDED, AND A MAJORITY OF BIPOC, GRASSROOTS PROJECTS IN SAN JOS.
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 |
|---|---|---|---|
Erin Salazar Executive Dir. | OfficerTrustee | 40 | $59,142 |
Jonathan Borca Treasurer | OfficerTrustee | 4 | $0 |
Samantha Hull Vice President | OfficerTrustee | 4 | $0 |
Lisa Anna Dominguez President | OfficerTrustee | 4 | $0 |
Amanda Rawson Secretary | OfficerTrustee | 4 | $0 |
Christianna Gatherer Director | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $30,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $399,530 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $429,530 |
| Total Program Service Revenue | $244,234 |
| Investment income | $1 |
| 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 | $1,388 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $675,756 |
| 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. | $56,250 |
| Compensation of current officers, directors, key employees. | $25,313 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $131,499 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,777 |
| Payroll taxes | $16,661 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,814 |
| Fees for services: Accounting | $10,077 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,645 |
| Advertising and promotion | $5,166 |
| Office expenses | $26,888 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $84,985 |
| Travel | $889 |
| 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 | $10,810 |
| Total functional expenses | $560,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,012 |
| Savings and temporary cash investments | $5,943 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,137 |
| 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 | $7,154 |
| Net Land, buildings, and equipment | $510 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $363,756 |
| Accounts payable and accrued expenses | $21,698 |
| 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 | $27,347 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $49,045 |
| Net assets without donor restrictions | $172,019 |
| Net assets with donor restrictions | $142,692 |
| 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 | $363,756 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Local Color has recieved totaling $185,000.
| Awarding Organization | Amount |
|---|---|
Kenneth Rainin Foundation Oakland, CA PURPOSE: TO JOIN SOCIAL IMPACT COMMONS AS A NETWORK MEMBER TO PROVIDE MODEL A AND C FISCAL SPONSORSHIP AND SERVICES TO A DIVERSE GROUP OF SAN JOSE CREATIVES. | $85,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Community Development | $75,000 |
Silicon Valley Creates San Jose, CA PURPOSE: SUPPORT THE EXEMPT PURPOSE OPERATIONS OF THE ORGANIZATION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Partners Los Angeles, CA | $58,586,885 | $87,387,507 |
Mid-Willamette Valley Community Action Agency Inc Salem, OR | $25,806,708 | $62,767,748 |
Community Action Partnership Of Orange County Garden Grove, CA | $21,104,337 | $38,929,192 |
Spanish-Speaking Unity Council Of Alameda County Inc Oakland, CA | $60,376,755 | $36,217,909 |
Pacific Asian Consortium In Employment Los Angeles, CA | $13,935,624 | $30,857,237 |
Rural Community Assistance West Sacramento, CA | $196,708,835 | $32,872,425 |
Burning Man Project San Francisco, CA | $30,700,234 | $27,748,874 |
Bay Area Community Benefit Organization Oakland, CA | $912,473 | $25,722,786 |
Human Solutions Inc Portland, OR | $41,573,265 | $24,704,381 |
East Bay Asian Local Development Corporation Oakland, CA | $146,938,594 | $23,961,947 |
Partners In Development Foundation Honolulu, HI | $6,037,007 | $19,233,237 |
Pasadena Center Operating Company Pasadena, CA | $155,500,535 | $24,244,402 |