Livermore Valley Performing Arts Center
- Assets
- $15.6m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 60
- Location
- Livermore, CA
- Founding
- 09/1999
- Data as of
- 06/2021
- EIN
- 68-0419182
Organization Overview
Livermore Valley Performing Arts Center is located in Livermore, CA. The organization was established in 1999. 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 06/2021, Livermore Valley Performing Arts Center employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Livermore Valley Performing Arts 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 06/2021, Livermore Valley Performing Arts Center generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 6 years. 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 ESTABLISH AND OPERATE A WORLD-CLASS PERFORMING ARTS CENTER IN THE TRI-VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIVERMORE VALLEY PERFORMING ARTS CENTER OPERATES THE BANKHEAD THEATER AND THE BOTHWELL ARTS CENTER OFFERING A RANGE OF PERFORMING, VISUAL, CULTURAL AND EDUCATIONAL ARTS EXPERIENCES FOR THE ENTIRE COMMUNITY.THE THEATER SERVES AS A HOME FOR THE TRI-VALLEY REGION'S LEADING PERFORMING ARTS ORGANIZATIONS INCLUDING DEL VALLE FINE ARTS, LIVERMORE-AMADOR SYMPHONY, LIVERMORE VALLEY OPERA, PACIFIC CHAMBER ORCHESTRA, TRI-VALLEY REPERTORY THEATRE, VALLEY DANCE THEATRE, AND THE RAE DOROUGH SPEAKER SERIES. THE TWO DOZEN PERFORMANCES BY THESE GROUPS WERE SUPPORTED BY LVPAC THROUGH DISCOUNTED RATES ON RENT, LABOR AND MARKETING. (SEE SCHEDULE O FOR CONTINUATION). IN TURN, THE GROUPS COLLABORATE BY PROVIDING THE COMMUNITY WITH EDUCATIONAL OUTREACH OPPORTUNITIES AND A FREE FAMILY CONCERT EACH HOLIDAY SEASON. THE BANKHEAD IS ALSO AVAILABLE FOR RENT TO TOURING COMPANIES AND NON-PROFIT ORGANIZATIONS.
LVPAC ALSO OPERATES THE BOTHWELL ARTS CENTER, A MULTI-PURPOSE FACILITY WITH THE PURPOSE OF SUPPORTING LOCAL ARTISTS AND ARTS ORGANIZATIONS, UNDER A LEASE AGREEMENT WITH LIVERMORE AREA RECREATION AND PARK DISTRICT. THE BOTHWELL SERVES AS AN ARTS INCUBATOR, OFFERING AFFORDABLE CLASSROOM, REHEARSAL, PERFORMANCE, EVENT AND STUDIO RENTAL SPACE FOR ARTISTS, MUSICIANS, AND DANCERS, AS WELL AS THEATRICAL, CHORAL, AND OTHER GROUPS WITH A CULTURAL ARTS FOCUS.
LVPAC STRIVES TO INSPIRE AND NURTURE CREATIVITY AND A LOVE FOR THE ARTS IN STUDENTS OF ALL AGES. YOUNG PEOPLE ENGAGE DIRECTLY WITH THE PERFORMING ARTS THROUGH STUDENT MATINEES, MASTER CLASSES, CAMPS AND WORKSHOPS. AT THE BOTHWELL, VISUAL ARTS, MUSIC AND DANCE CLASSES AND SESSIONS INVOLVE ALL AGE GROUPS. FREE COMMUNITY-WIDE EVENTS SUCH AS ARTWALK, LUNAR NEW YEAR, AFRICAN AMERICAN CELEBRATION, FILIPINO BARRIO FIESTA, AND OTHER CULTURAL CELEBRATIONS, OFFER EVERYONE IN THE COMMUNITY A CHANCE TO COME TOGETHER AND ENJOY A WEALTH OF ARTS EXPERIENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Carter Executive Director | Officer | 40 | $86,578 |
Reanna Bradford Director Of Finance | Officer | 40 | $63,089 |
Scott Kenison Executive Director (left 02/20) | Officer | 40 | $44,933 |
Leland Younker PHD Secretary | OfficerTrustee | 1 | $0 |
Jeanette King Chairman | OfficerTrustee | 1 | $0 |
Henry Huff Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $26,155 |
| Related organizations | $0 |
| Government grants | $368,512 |
| All other contributions, gifts, grants, and similar amounts not included above | $682,835 |
| Noncash contributions included in lines 1a–1f | $141,724 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,077,502 |
| Total Program Service Revenue | $98,989 |
| Investment income | $404 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$26,141 |
| Net Income from Gaming Activities | $1,157 |
| Net Income from Sales of Inventory | -$1,621 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,156,024 |
| 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. | $229,902 |
| Compensation of current officers, directors, key employees. | $127,160 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $372,252 |
| Pension plan accruals and contributions | $6,930 |
| Other employee benefits | $131,918 |
| Payroll taxes | $44,625 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,882 |
| Fees for services: Accounting | $56,768 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,012 |
| Office expenses | $139,978 |
| Information technology | $76,839 |
| Royalties | $0 |
| Occupancy | $70,437 |
| Travel | $1,762 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $53,370 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $874,027 |
| Insurance | $6,251 |
| All other expenses | $294 |
| Total functional expenses | $2,171,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $581,801 |
| Savings and temporary cash investments | $906,343 |
| Pledges and grants receivable | $284,822 |
| Accounts receivable, net | $11,109 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,334 |
| Prepaid expenses and deferred charges | $81,696 |
| Net Land, buildings, and equipment | $13,736,679 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,921 |
| Total assets | $15,634,705 |
| Accounts payable and accrued expenses | $404,308 |
| Grants payable | $0 |
| Deferred revenue | $514,655 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,152,340 |
| Total liabilities | $3,221,303 |
| Net assets without donor restrictions | $11,102,451 |
| Net assets with donor restrictions | $1,310,951 |
| 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 | $15,634,705 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Livermore Valley Performing Arts Center has recieved totaling $38,180.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $18,425 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $14,856 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $1,050 |
Michael Fredrich Charitable Foundation Livermore, CA PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $1,000 |
At&t Foundation Dallas, TX PURPOSE: ARTS, MEDIA & CULTURE | $1,000 |
J F Shea Company Foundation Walnut, CA PURPOSE: TO FURTHER EXEMPT ACTIVITIES | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Gray Area Foundation For The Arts San Francisco, CA | $1,951,369 | $4,455,887 |