Monterey Peninsula Art Foundation
- Assets
- $92.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monterey, CA
- Founding
- 03/1981
- Data as of
- 12/2022
- EIN
- 94-2693068
Organization Overview
Monterey Peninsula Art Foundation is located in Monterey, CA. The organization was established in 1981. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Monterey Peninsula Art Foundation 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, Monterey Peninsula Art Foundation generated $32.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $29.6k during the year ending 12/2022. While expenses have increased by 1.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE INFORMATION TO MEMBERS AND THE PUBLIC THROUGH WEBSITE AND PUBLICATIONS. CONDUCT ORGANIZATIONAL ACTIVITIES, INCLUDING MEETINGS AND EVENTS, FOR MEMBERS AND THE PUBLIC. PROVIDE ASSISTANCE TO A GROUP OF ARTISTS IN OPERATING A GALLERY AND ALL MEMBER ART SHOWS TO SHOW THEIR ART WORK. GALLERY MEMBERS PAY ASSESSMENTS TO THE ORGANIZATION TO PAY RENT AND EXPENSES. THE FOUNDATION PROVIDES FUNDING FOR EXPENSES FOR PUBLIC EXHIBITS AND GALLERIES IN THE WIDER COMMUNITY. SCHOLARSHIPS ARE AWARDED TO ENTITIES PROVIDING EDUCATION IN THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlotte Hallam President Board Member | 10 | $0 | |
Noelle Nichols Treasurer Board Member | 10 | $0 | |
Kristen DE Maria Board Member | 4 | $0 | |
Carol Lefever Gallery Manager Board Member | 14 | $0 | |
Jan Zeigler Board Member | 6 | $0 | |
David Rojas Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $24,690 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,936 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $25,892 |
| Printing, publications, postage, and shipping | $1,677 |
| Other expenses | $1,550 |
| Total expenses | $29,619 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,571 |
| Other assets | $0 |
| Total assets | $92,571 |
| Total liabilities | $0 |
| Net assets or fund balances | $92,571 |
Peer Organizations
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|---|---|---|
Glaziers Architectural Metal & Glass Workers Local Union 1399 Hea Covina, CA | $12,022,551 | $5,262,157 |
Phoenix Painting Industry Trust Fund Phoenix, AZ | $8,745,449 | $4,690,569 |
Elderheart Inc Sisters, OR | $6,200,437 | $6,066,501 |
Social And Public Art Resource Center Venice, CA | $5,398,489 | $1,298,270 |
Modern Quilt Guild Inc Los Angeles, CA | $471,322 | $1,206,669 |
Catchlight San Francisco, CA | $2,559,579 | $3,095,707 |
Self-Help Graphics And Arts Inc Los Angeles, CA | $7,358,688 | $2,282,621 |
California Anime Foundation Granada Hills, CA | $325,204 | $1,412,708 |
Bay Area Glass Institute Inc San Jose, CA | $1,447,752 | $1,103,523 |
Hui Noeau Makawao, HI | $6,399,050 | $1,181,820 |
American Society Of Media Photographers Inc San Francisco, CA | $534,568 | $1,162,030 |
Root Division San Francisco, CA | $969,223 | $883,957 |