Destination Crenshaw
- Assets
- $45.2m
- Revenue
- $15.2m
- Investments
- $0.0
- Employees
- 4
- Location
- Los Angeles, CA
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 82-3003629
Organization Overview
Destination Crenshaw is located in Los Angeles, CA. The organization was established in 2018. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Destination Crenshaw employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Destination Crenshaw 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, Destination Crenshaw generated $15.2m in total revenue. All expenses for the organization totaled $2.2m during the year ending 12/2022. While expenses have increased by 61.4% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FUND THE DESIGN AND IMPLEMENTATION OF A COMMUNITY INSPIRED PUBLIC ART AND STREETSCAPE DESIGN PROJECT THAT ASPIRES TO CELEBRATE THE CONTRIBUTIONS OF BLACK LOS ANGELES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATE AND INSTALL A 1.1 MILE LONG OPEN-AIR STREET MUSEUM ALONG CRENSHAW BLVD. FROM 48TH TO 60TH STREETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Berlinda Fontenot-Jamerson President/director | OfficerTrustee | 1 | $0 |
Deborah Bryant Treasurer/director | OfficerTrustee | 1 | $0 |
George Fatheree Secretary/director | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Melvin Edwards Consulting | 12/30/22 | $648,220 |
Rise Communications Llc Consulting | 12/30/22 | $294,000 |
Maren Hassinger Consulting | 12/30/22 | $173,304 |
Am Pr Group Llc Consulting | 12/30/22 | $226,127 |
The Dickson Studio Consulting | 12/30/22 | $162,488 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,373,532 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,794,885 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,168,417 |
| Total Program Service Revenue | $0 |
| 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 | $15,168,417 |
| 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. | $287,238 |
| 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 | $211,731 |
| Fees for services: Accounting | $43,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,044,559 |
| Advertising and promotion | $46,945 |
| Office expenses | $10,360 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,205 |
| 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 | $86,501 |
| All other expenses | $70,109 |
| Total functional expenses | $2,166,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,762,648 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $10,340,552 |
| 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 | $9,930 |
| Net Land, buildings, and equipment | $27,555,327 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,532,351 |
| Total assets | $45,200,808 |
| Accounts payable and accrued expenses | $3,316,812 |
| 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 | $28,491,551 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,808,363 |
| Net assets without donor restrictions | $11,850,607 |
| Net assets with donor restrictions | $1,541,838 |
| 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 | $45,200,808 |