Venice Pride
- Assets
- $56.3k
- Revenue
- $249.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/2016
- Data as of
- 12/2022
- EIN
- 81-3197298
Organization Overview
Venice Pride is located in Los Angeles, CA. The organization was established in 2016. According to its NTEE Classification (R26) the organization is classified as: Lesbian & Gay Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Venice Pride 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 12/2022, Venice Pride generated $249.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $490.1k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
VENICE PRIDE IS A 501(C)(3) NON-PROFIT ORGANIZATION WITH A MISSION TO STRENGTHEN AND EMPOWER THE LGBTQ+ COMMUNITY IN LOS ANGELES THROUGH EDUCATION, PUBLIC ART, EVENTS AND PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VENICE PRIDE FESTIVAL AND PARADE AT VENICE BEACH RECREATION CENTER: FOR THE FIRST TIME, VENICE PRIDE MOVED ITS ANNUAL FESTIVAL TO THE VENICE BEACH RECREATION CENTER, OFFERING AN INCLUSIVE EVENT OPEN TO ALL AGES. THIS INCLUDED STAGE PERFORMANCES, DJS, COMMUNITY BOOTHS, ART INSTALLATIONS, AND FOOD TRUCKS. THE EVENT ALSO FEATURED A PARADE DOWN THE VENICE BEACH BOARDWALK, A NEW ADDITION TO THE ORGANIZATION'S ACTIVITIES.
VENICE PRIDE ENGAGEMENT: VENICE PRIDE CONSISTENTLY HOSTED THE MONTHLY QUEER DANCE PARTY, GAYWATCH, AT DIVERSE VENUES ACROSS VENICE BEACH. THIS VIBRANT EVENT HAS SEEN AN UPWARD TRAJECTORY IN POPULARITY, REGULARLY ATTRACTING OVER 300 LGBTQ+ COMMUNITY MEMBERS EACH MONTH. IT SERVES AS A DYNAMIC PLATFORM FOR DANCING, SOCIALIZING, AND STRENGTHENING COMMUNITY BONDS WITHIN THE LGBTQ+ POPULATION.
GLOBAL RAINBOW LASER INSTALLATION AND VIEWING PARTY: VENICE PRIDE HOSTED THE L.A. PREMIERE OF YVETTE MATTERN'S GLOBAL RAINBOW LASER INSTALLATION ON JUNE 3, AN EVENT THAT GARNERED SIGNIFICANT MEDIA ATTENTION. HELD AT HOTEL ERWIN'S HIGH ROOFTOP LOUNGE, THIS EVENT INCLUDED A VIP EXPERIENCE WITH COCKTAILS AND A MEET-AND-GREET WITH THE ARTIST. NOTABLY, THE UNVEILING OF THE LASER DISPLAY WAS BROADCAST LIVE ON DIGITAL CHANNELS BY NBC4 AND TELEMUNDO 52, WITH LIVE REPORTING FROM THE EVENT. THE GATHERING BENEFITED PROJECT CONTRAST AND VENICE PRIDE, HIGHLIGHTING THE ORGANIZATION'S IMPACT AND OUTREACH WITHIN THE COMMUNITY. THE LASER INSTALLATION WAS VISIBLE FOR THREE NIGHTS FROM SUNDOWN UNTIL 3 AM FROM VENICE BEACH UP THE COAST TO THE PACIFIC PALISADES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grant Turck President & Director | OfficerTrustee | 20 | $0 |
Sergio Perez Secretary & Director | OfficerTrustee | 1 | $0 |
Richard Tobin Treasurer & Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,851 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,851 |
| Total Program Service Revenue | $193,976 |
| 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 | $249,827 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $750 |
| 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 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 | $95,546 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $140,681 |
| Advertising and promotion | $43,780 |
| Office expenses | $6,021 |
| Information technology | $1,189 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,786 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,500 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,380 |
| All other expenses | $6,894 |
| Total functional expenses | $490,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,268 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $56,268 |
| 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 | $272,800 |
| Other liabilities | $0 |
| Total liabilities | $272,800 |
| Net assets without donor restrictions | -$216,532 |
| 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 | $56,268 |