Palos Verdes Art Center Beverly G Alpay Center For Arts Education

Organization Overview

Palos Verdes Art Center Beverly G Alpay Center For Arts Education is located in Rancho Palos Verdes, CA. The organization was established in 1964. 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. As of 06/2021, Palos Verdes Art Center Beverly G Alpay Center For Arts Education employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palos Verdes Art Center Beverly G Alpay Center For Arts Education 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 06/2021, Palos Verdes Art Center Beverly G Alpay Center For Arts Education generated $3.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PALOS VERDES ART CENTER BEVERLY G. ALPAY CENTER FOR ARTS EDUCATION("PVAC") IS DEDICATED TO EDUCATING, ENRICHING AND BUILDING COMMUNITY THROUGH EQUAL AND INCLUSIVE ACCESS TO THE VISUAL ARTS. LOCATED AT THE SOUTHERNMOST TIP OF LOS ANGELES COUNTY, WE STRIVE TO BE A CATALYST FOR THE ADVANCEMENT OF LA ART, CULTURE, AND ITS GLOBAL IMPACT. FOUNDED IN 1931, PVAC CONTINUES TO MAKE ART ACCESSIBLE THROUGH FREE EXHIBITIONS, AFFORDABLE CLASSES IN ALL MEDIA, SCHOLARSHIPS, ELEMENTARY SCHOOL-BASED ART EDUCATION AND ARTIST RESIDENCIES, SPECIAL EDUCATION FOR LOW INCOME AND AT-RISK YOUTH, OUTREACH PARTNERSHIPS IN THE COMMUNITY, AND SUPPORT FOR OUR ARTIST GROUPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PVAC PRESENTS DIVERSE ART AND CULTURAL EXHIBITIONS, FOUR QUARTERS OF VISUAL ART AND RELATED CLASSES, AND SPECIAL EVENTS, LECTURES AND PROGRAMS PRIMARILY AT ITS THREE-BUILDING, TWO-ACRE SITE WITH ATTENDENCE IN EXCESS OF 65,000. PVAC ALSO SPONSORED OR HOSTED OUTREACH PROGRAMS FOR ADULTS AND SPECIAL PROGRAMS FOR PERSONS WITH DISABILITIES, INCLUDING YOUNG PEOPLE AND SENIORS. ACTIVITIES ARE OPEN TO THE PUBLIC AND MOST ARE FREE OR OFFERED AT A MODERATE FEE TO OFFSET EXPENSES.FOLLOWING THE COVID-19 RELATED MANDATED LOCK-DOWN, ALL EXHIBITION AND EDUCATIONAL PROGRAMMING WAS MOVED ONLINE AND CONTINUES UNTIL THE PANDEMIC RELATED RESTRICTIONS ARE LIFTED.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$76,115
Fundraising events$0
Related organizations$0
Government grants $188,552
All other contributions, gifts, grants, and similar amounts not included above$1,452,767
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,717,434
Total Program Service Revenue$58,126
Investment income $98,035
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $120
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $1,382,880
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,276,313

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Palos Verdes Art Center Beverly G Alpay Center For Arts Education has recieved totaling $1,005,000.

Awarding OrganizationAmount
California Community Foundation

Los Angeles, CA

PURPOSE: ARTS

$1,000,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,670,522
Earnings$1,182,861
Net Contributions$500,713
Other Expense$749,128
Ending Balance$5,604,968

Create an account to unlock the data you need.

or