418 Project is located in Santa Cruz, CA. The organization was established in 1993. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 418 Project 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, 418 Project generated $314.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $228.2k during the year ending 12/2021. While expenses have increased by 6.1% 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
MISSION: THE 418 PROJECT BUILDS COMMUNITY, IGNITES CREATIVE EXPRESSION, INSPIRES EXPLORATION, AND NURTURES PERSONAL AND ARTISTIC GROWTH THROUGH DANCE AND MOVEMENT ART IN SANTA CRUZ COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED DANCE REHEARSAL, TEACHING AND PERFORMANCE SPACE TO VARIOUS COMMUNITY ORGANIZATIONS AND INDIVIDUALS, AND TO SUPPORTED CONTEMPORARY VISUAL & PERFORMING ARTS IN SANTA CRUZ AND SURROUNDING AREAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charmaine Devivo Treasurer | Trustee | 0 | $0 |
Gregory Speed Jr Board Member | Trustee | 0 | $0 |
Abby Pistoni Board Member | Trustee | 0 | $0 |
Gabrielle Adelman President | Trustee | 0 | $0 |
Stan Grindstaff Board Member | Trustee | 0 | $0 |
Mark Schneider Secretary | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $302,729 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $302,729 |
Total Program Service Revenue | $11,709 |
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 | $314,438 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $6,969 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $88,407 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,081 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $530 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $13,994 |
Advertising and promotion | $0 |
Office expenses | $2,125 |
Information technology | $35 |
Royalties | $0 |
Occupancy | $4,700 |
Travel | $0 |
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 | $572 |
Insurance | $6,346 |
All other expenses | $30,260 |
Total functional expenses | $228,169 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $130,317 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $38,492 |
Net Land, buildings, and equipment | $1,768 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $238,544 |
Total assets | $409,121 |
Accounts payable and accrued expenses | $0 |
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 | $550 |
Total liabilities | $550 |
Net assets without donor restrictions | $0 |
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 | $408,571 |
Total liabilities and net assets/fund balances | $409,121 |
Over the last fiscal year, we have identified 2 grants that 418 Project has recieved totaling $193,711.
Awarding Organization | Amount |
---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Arts & Culture | $173,707 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $20,004 |
Organization Name | Assets | Revenue |
---|---|---|
The Colburn School Los Angeles, CA | $335,953,493 | $44,139,579 |
Music Academy Of The West Santa Barbara, CA | $120,750,921 | $15,444,605 |
Community Music Center San Francisco, CA | $15,281,174 | $7,950,655 |
Community School Of Music And Arts Mountain View, CA | $18,628,663 | $6,488,682 |
East Bay Center For The Performing Arts Richmond, CA | $17,638,229 | $4,210,824 |
Pasadena Conservatory Of Music Pasadena, CA | $15,881,465 | $7,957,752 |
Rlg Land Foundation Bakersfield, CA | $25,153,075 | $1,533,826 |
Etm-La Inc Burbank, CA | $1,833,553 | $2,704,236 |
Northwest Childrens Theater And School Inc Portland, OR | $1,969,323 | $1,602,828 |
Northwest Professional Dance Project Portland, OR | $1,772,788 | $1,279,998 |
Stanford Jazz Workshop Stanford, CA | $2,242,976 | $2,072,120 |
College Of Adaptive Arts Saratoga, CA | $617,789 | $1,346,565 |