La Plaza De Cultura Y Artes
- Assets
- $30.7m
- Revenue
- $5.4m
- Investments
- $5.0m
- Employees
- 29
- Location
- Los Angeles, CA
- Founding
- 07/2002
- Data as of
- 06/2021
- EIN
- 75-3059288
Organization Overview
La Plaza De Cultura Y Artes is located in Los Angeles, CA. The organization was established in 2002. 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 06/2021, LA Plaza DE Cultura Y Artes employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Plaza DE Cultura Y Artes 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, LA Plaza DE Cultura Y Artes generated $5.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $3.9m during the year ending 06/2021. While expenses have increased by 1.4% per year over the past 6 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
LA PLAZA IS AN LA COUNTY MUSEUM THAT FOCUSES ON THE HISTORY, ART AND CULTURE OF LA LATINOS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LA PLAZA IS THE ONLY MUSUEM IN SOUTHERN CALIFORNIA DEDICATED TO PRESENTING AN ON-GOING SCHEDULE OF EXHIBITIONS FOCUSING ON US LATINO HISTORY, ART AND CULTURE. THE MUSEUM'S PERMANENT EXHBITS INCLUDE: LA STARTS HERE!, AN EXPLORATION OF L.A.'S MULTICULTURAL HISTORY, AND CALLE PRINCIPAL, A RE-CREATION OF L.A.'S MAIN STREET IN THE 1920S. TEMPORARY EXHIBITS DEVELOPED BY THE MUSEUM'S CURATORIAL STAFF COVER TOPICS SUCH AS THE LOS ANGELES HISTORY OF BASEBALL, MURALS AND MARIACHI MUSIC; THE 50TH ANNIVERSARY OF THE EAST LOS ANGELES WALKOUTS; THE FOUNDING OF BOYLE HEIGHTS AS A MULTICULTURAL COMMUNITY; AND LATINO ART SHOWS BY ARTISTS SUCH AS GILBERT "MAGU" LUJAN, ERNESTO YERENA, RAFAEL CARDENAS, LINDA VALLEJO, LATINX LGBTQ ARTISTS, AND THE MUJERES DEL MAIZ COLLECTIVE. THE NEW COCINA SPACE WILL ALSO OFFER EXHIBITIONS BASED AROUND THE HISTORY AND EVOLUTION OF MEXICAN CUISINE.
LA PLAZA PRESENTS A ROBUST, YEAR-ROUND SCHEDULE OF MORE THAN 100 EVENTS THAT INCLUDE TALKS, CONCERTS, FEATURE AND DOCUMENTARY FILM SCREENINGS, COOKING CLASSES, FOOD FESTIVALS, AND MORE THAT EXPLORE CONTEMPORARY AND HISTORICAL LATINO INTEREST AND ISSUES. PANEL DISCUSSIONS HAVE EXPLORED GENTRIFICATION, THE DISPLACEMENT OF CHAVEZ RAVINE FAMILIES; AFRO LATINO ISSUES; LOCAL AND NATIONAL ELECTIONS; THE STATE OF LATINO ARTS; AND MORE. LA PLAZA ALSO HOSTS FIVE FAMILY DAYS THAT CELEBRATE LATINO HOLIDAYS. MOST ACTIVITIES ARE OFFERED FREE OF CHARGE. LA PLAZA EXPANDED ITS PROGRAMMING IN EARLY 2022 WITH THE OPENING OF LA COCINA, A SEPRATE NEW SPACE DEDICATED TO MEXICAN CULINARY HISTORY THAT WILL INCLUDE EXHIBITIONS, CLASSES AND DEMONSTRATIONS ON THE SUBJECT.
LA PLAZA'S EDUCATIONAL INITIATIVES ARE DIRECTED AT UNDERSERVED TITLE 1 SCHOOLS IN THE LOCAL COMMUNITY. THE AWARD-WINNING GARDEN AND CULINARY PROGRAM SERVES A TWO-HOUR IMMERSIVE, HANDS-ON CLASSROOM IN THE LA PLAZA EDIBLE GARDEN, WHERE CHILDREN LEARN ABOUT HEALTHY LIFESTYLES. THE FREE PROGRAM HAS SERVED NEARLY 10,000 STUDENTS SINCE 2012 AND NOW INCLUDES A MOBILE COMPONENT THAT VISITS LOCAL SCHOOLS AND COMMUNITY CENTERS. THE MUSEUM ALSO PROVIDES FREE TOURS FOR STUDENTS OF ALL AGES. NEW EDUCATIONAL OFFERINGS IN 2022 INCLUDE EXPANDED COOKING CLASSES FOR ADULTS AND FAMILIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Echeveste CEO | Officer | 40 | $158,416 |
Lupe DE La Cruz III Chair | OfficerTrustee | 5 | $0 |
Raul Bustillos Secretary | OfficerTrustee | 5 | $0 |
Celina Santiago Treasurer | OfficerTrustee | 5 | $0 |
Andy Carrasco Vice Chair | OfficerTrustee | 5 | $0 |
Fernando Torres-Gil Msw PHD Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ccs Multiservices Cleaning Services | 6/29/19 | $137,913 |
Cowley Real Estate Partners Development Management Services | 6/29/19 | $137,941 |
Securitas Security Services Security | 6/29/19 | $403,775 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,144 |
| Fundraising events | $256,788 |
| Related organizations | $0 |
| Government grants | $2,103,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,284,489 |
| Noncash contributions included in lines 1a–1f | $6,682 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,653,721 |
| Total Program Service Revenue | $0 |
| Investment income | $63,434 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $636,638 |
| Net Gain/Loss on Asset Sales | $85,420 |
| Net Income from Fundraising Events | $787 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,338 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,445,338 |
| 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. | $187,122 |
| Compensation of current officers, directors, key employees. | $74,849 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,291,651 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $150,963 |
| Payroll taxes | $122,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,021 |
| Fees for services: Other | $598,027 |
| Advertising and promotion | $37,507 |
| Office expenses | $62,000 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $354,014 |
| Travel | $702 |
| 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 | $971,934 |
| Insurance | $55,234 |
| All other expenses | $3,014 |
| Total functional expenses | $3,939,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $642,574 |
| Savings and temporary cash investments | $1,157,580 |
| Pledges and grants receivable | $1,621,533 |
| 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 | $26,606 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $22,286,563 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,997,390 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $30,732,246 |
| Accounts payable and accrued expenses | $543,769 |
| Grants payable | $0 |
| Deferred revenue | $499,630 |
| 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 | $1,808,730 |
| Other liabilities | $67,500 |
| Total liabilities | $2,919,629 |
| Net assets without donor restrictions | $20,715,801 |
| Net assets with donor restrictions | $7,096,816 |
| 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 | $30,732,246 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that La Plaza De Cultura Y Artes has recieved totaling $524,549.
| Awarding Organization | Amount |
|---|---|
Ralph M Parsons Foundation Los Angeles, CA PURPOSE: TO SUPPORT CONSTRUCTION OF LA PLAZA COCINA | $200,000 |
Time Warner Foundation Inc Atlanta, GA PURPOSE: THE GRANT WILL BE USED BY GRANTEE TO FUND GENERAL OPERATING EXPENSES OF THE GRANTEE, AS DETERMINED IN THE GRANTEE'S DISCRETION. THE USE BY GRANTEE OF THE GRANT SHALL BE COMMENCED WITH REASONABLE PROMPTNESS FOLLOWING GRANTEE'S RECEIPT THEREOF. | $78,358 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $70,000 |
Ccf Community Initiatives Fund Los Angeles, CA PURPOSE: ARTS | $63,590 |
Queenscare Los Angeles, CA PURPOSE: To provide health related education or outreach to underserved populations residing in Los Angeles. | $25,000 |
At&t Foundation Dallas, TX PURPOSE: ARTS, MEDIA & CULTURE | $25,000 |
Endowment Analysis
| Beg. Balance | $4,067,168 |
| Earnings | $948,514 |
| Admin Expense | $18,021 |
| Other Expense | $271 |
| Ending Balance | $4,997,390 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Partners In Development Foundation Honolulu, HI | $6,037,007 | $19,233,237 |
Pasadena Center Operating Company Pasadena, CA | $155,500,535 | $24,244,402 |
Community Action Partnership Of Sonoma County Santa Rosa, CA | $6,669,063 | $15,581,119 |
Ideoorg San Francisco, CA | $12,398,491 | $9,854,732 |
Reinvent Stockton Foundation Stockton, CA | $46,832,546 | $19,773,564 |
Project Access Inc Orange, CA | $2,961,540 | $13,042,187 |
East Los Angeles Community Union Los Angeles, CA | $130,392,954 | $16,987,947 |
Gamaliel Of California Santa Rosa, CA | $3,034,268 | $10,017,971 |
Downtown Santa Monica Inc Santa Monica, CA | $4,897,203 | $9,308,728 |
Resources For Community Development Berkeley, CA | $93,266,557 | $6,994,658 |
Lake Wildwood Association Penn Valley, CA | $30,720,187 | $8,953,678 |
Antelope Valley Partners For Health Lancaster, CA | $4,220,936 | $10,090,239 |