Live Out L Ve Foundation Inc
- Assets
- $80.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sherman Oaks, CA
- Founding
- Data as of
- 12/2023
- EIN
- 86-2060264
Organization Overview
Live Out L Ve Foundation Inc is located in Sherman Oaks, CA. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Live Out L Ve Foundation 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 12/2023, Live Out L Ve Foundation Inc generated $40.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (58.8%) each year. All expenses for the organization totaled $45.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE EXIST TO BRING PATHWAYS TO INCLUSIVITY IN THE LIVE ENTERTAINMENT INDUSTRY. OUR MAIN ACT IS TO SET THE STAGE AND LIGHT IT WITH RESOURCES, EDUCATION, AND OPPORTUNITIES FOR BLACK, LATINX, AND UNDERREPRESENTED TEENS AND YOUNG ADULTS TO PURSUE CAREERS IN TOURING AND BOOKING.
Describe the Organization's Program Activity:
WORK OPPORTUNTIES: JOB SHADOW PROGRAM AND COLLEGE INTERNSHIPS
MENTORSHIP PROGRAMS: BEYOND THE MAINSTAGE (PARTNERSHIP WITH GRAMMY MUSEUM) AND 3-MONTH ONE ON ONE VIRTUAL MENTORSHIP PROGRAMS
WORKSHOPS: TOURING 360 AND LIVE MUSIC BUSINESS WORKSHOP
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candace Newton President | 0 | $0 | |
Thela Thatch Secretary | 0 | $0 | |
Angela Jollivette CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,095 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $56 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,151 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $36,650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,179 |
| Total expenses | $45,829 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,070 |
| Other assets | $0 |
| Total assets | $80,070 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,070 |