Central Valley Center For The Arts Inc is located in Modesto, CA. The organization was established in 1999. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Central Valley Center For The Arts Inc 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 06/2020, Central Valley Center For The Arts Inc generated $1.1m 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 (5.8%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ADMINISTER THE ORGANIZATION'S PERMANENT ENDOWMENT FUND AND PROVIDE FINANCIAL SUPPORT FOR THE OPERATION OF THE GALLO CENTER FOR THE ARTS, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ADMINISTER AND MAINTAIN THE PERMANENT, IRREVOCABLE ENDOWMENT FUND AND TO PROVIDE FINANCIAL SUPPORT FOR THE OPERATION OF A PERFORMING ARTS CENTER.
THE ORGANIZATION PROVIDED THE CONCESSION OPERATIONS FOR THE GALLO CENTER FOR THE ARTS, INC. NO EVENTS WERE HELD DURING THE 2020-2021 SEASON DUE TO COVID-19.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Evan Porges Chairman Of The Board | OfficerTrustee | 4 | $0 |
June Rogers Vice President | OfficerTrustee | 4 | $0 |
Victor Barraza Secretary | OfficerTrustee | 4 | $0 |
Christina Gomez Treasurer | OfficerTrustee | 4 | $0 |
Lynn Dickerson Chief Executive Officer | Officer | 1 | $0 |
Landon Skinner Director Of Finance | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,550 |
Investment income | $686,801 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $177,183 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $236,137 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,107,671 |
Statement of Expenses | |
---|---|
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. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $47,909 |
Fees for services: Other | $600 |
Advertising and promotion | $0 |
Office expenses | $32,947 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,372,010 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $15,869 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,555 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $35,430 |
Prepaid expenses and deferred charges | $716 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $26,107,584 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $26,162,154 |
Accounts payable and accrued expenses | $19,581 |
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 | $0 |
Total liabilities | $19,581 |
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 |
Total liabilities and net assets/fund balances | $26,142,573 |
Over the last fiscal year, we have identified 1 grants that Central Valley Center For The Arts Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Galen Family Foundation Rancho Mirage, CA PURPOSE: GENERAL OPERATIONS | $5,000 |
Beg. Balance | $26,107,584 |
Earnings | $7,191,656 |
Ending Balance | $33,299,240 |
Organization Name | Assets | Revenue |
---|---|---|
Scottsdale Cultural Council Scottsdale, AZ | $11,025,722 | $9,457,681 |
Regional Arts & Culture Council Portland, OR | $19,063,213 | $7,551,679 |
Public Corporation For The Arts Of The City Of Long Beach Long Beach, CA | $1,457,547 | $3,278,156 |
Silicon Valley Creates San Jose, CA | $3,422,422 | $3,649,409 |
Arts Foundation For Tucson And Southern Arizona Tucson, AZ | $962,823 | $2,764,591 |
Oregon Council For The Humanities Portland, OR | $2,576,725 | $2,357,647 |
Arts Council Santa Cruz County Santa Cruz, CA | $3,610,381 | $2,573,468 |
Fresno Arts Council Inc Fresno, CA | $1,695,562 | $2,423,819 |
Palos Verdes Art Center Beverly G Alpay Center For Arts Education Rancho Palos Verdes, CA | $13,310,547 | $3,276,313 |
Arts Council For Monterey County Monterey, CA | $1,257,748 | $1,850,985 |
Fulcrum Arts Pasadena, CA | $1,056,280 | $1,532,362 |
Central Valley Center For The Arts Inc Modesto, CA | $26,162,154 | $1,107,671 |