Palm Springs Cultural Center
- Assets
- $5.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 31
- Location
- Palm Springs, CA
- Founding
- 09/2007
- Data as of
- 12/2021
- EIN
- 55-0914693
Organization Overview
Palm Springs Cultural Center is located in Palm Springs, CA. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Palm Springs Cultural Center employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palm Springs Cultural Center 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, Palm Springs Cultural Center generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 18.1% 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
TO ENCOURAGE THE DEVELOPMENT OF THE CULTURAL ARTS IN THE COACHELLA VALLEY WITH A SPECIFIC FOCUS IN THE AREAS OF FILM, FINE ART, LIVE PERFORMANCE, DANCE, MUSIC, AND COMMUNITY FESTIVALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENHANCE THE CULTURAL CREATIVE POTENTIAL OF PEOPLE THROUGH EDUCATION AND THE ARTS
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 |
|---|---|---|---|
Michael Green Executive Dir. | OfficerTrustee | 40 | $82,311 |
Jeff Johnson Cfo/treasurer | Officer | 40 | $29,896 |
Tom Jakway Vice President | OfficerTrustee | 2 | $0 |
Ann Sheffer Secretary | OfficerTrustee | 2 | $0 |
Kim Zakowski Treasurer | OfficerTrustee | 2 | $0 |
Jan Harper Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $111,981 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,131,280 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,243,261 |
| Total Program Service Revenue | $423,325 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,400 |
| 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 | $39,899 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,730,885 |
| 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. | $112,207 |
| Compensation of current officers, directors, key employees. | $4,488 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $296,934 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $39,255 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,704 |
| Fees for services: Accounting | $29,613 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,979 |
| Advertising and promotion | $19,852 |
| Office expenses | $8,542 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,183 |
| Travel | $1,785 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $49,253 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $167,433 |
| Insurance | $70,700 |
| All other expenses | $155,953 |
| Total functional expenses | $1,335,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $403,908 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,034 |
| 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 | $12,818 |
| Net Land, buildings, and equipment | $4,828,044 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $123,439 |
| Total assets | $5,378,243 |
| Accounts payable and accrued expenses | $107,132 |
| 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 | $727,773 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $149,359 |
| Total liabilities | $984,264 |
| Net assets without donor restrictions | $4,393,979 |
| 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 | $5,378,243 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Palm Springs Cultural Center has recieved totaling $45,251.
| Awarding Organization | Amount |
|---|---|
Ecology Center Berkeley, CA PURPOSE: FOOD INSECURITY NUTRITION INCENTIVE (FINI) GRANT PROGRAM | $26,546 |
Betty R Sheffer Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Grace Helen Spearman Foundation Palm Springs, CA PURPOSE: TO ENCOURAGE ARTS AND CULTURAL PROGRAMS | $5,000 |
Western Wind Foundation Wilmington, DE PURPOSE: PROGRAM GRANT - ARTS/ CULTURAL | $2,500 |
Smaby Family Foundation Marcell, MN PURPOSE: TO PROVIDE SUPPORT FOR A PUBLIC CHARITABLE ORGANIZATION | $1,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |
Uc Hastings Foundation San Francisco, CA | $2,612,244 | $11,589,695 |
The Rogers Foundation Las Vegas, NV | $98,020,626 | $8,861,096 |
Flinn Foundation Phoenix, AZ | $285,130,665 | $13,331,134 |
La Promise Fund Los Angeles, CA | $8,970,074 | $12,859,195 |
Brophy Community Foundation Phoenix, AZ | $21,931,888 | $12,402,402 |
Society Of Hispanic Professional Engineers City Of Industry, CA | $8,652,087 | $11,894,639 |
Oakland Promise Oakland, CA | $69,217,814 | $17,084,213 |
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |