Los Angeles Conservancy
- Assets
- $8.3m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 19
- Location
- Los Angeles, CA
- Founding
- 09/1978
- Data as of
- 12/2022
- EIN
- 95-3273046
Organization Overview
Los Angeles Conservancy is located in Los Angeles, CA. The organization was established in 1978. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Los Angeles Conservancy employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles Conservancy 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, Los Angeles Conservancy generated $2.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. While expenses have increased by 1.6% per year over the past 8 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
THE LOS ANGELES CONSERVANCY IS A NONPROFIT MEMBERSHIP ORGANIZATION THAT WORKS THROUGH EDUCATION AND ADVOCACY TO RECOGNIZE, PRESERVE, AND REVITALIZE THE HISTORIC ARCHITECTURAL AND CULTURAL RESOURCES OF LOS ANGELES COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY: LOS ANGELES CONSERVANCY ADVOCATES FOR THE PRESERVATION OF HISTORICALLY AND CULTURALLY SIGNIFICANT SITES IN LOS ANGELES COUNTY, STRENGTHENING COMMUNITIES, FOSTERING ECONOMIC DEVELOPMENT AND ENRICHING LIVES. THE CONSERVANCY WORKS WITH RESIDENTS, NEIGHBORHOODS, LOCAL AGENCIES, SUPPORTERS, AND GOVERNMENT ENTITIES. ADVOCACY EFFORTS INCLUDE PROVIDING TECHNICAL EXPERTISE (ON TOPICS, SUCH AS, EFFECTIVE ALTERNATIVES TO DEMOLITION OR NEGLECT OF ARCHITECTURALLY AND CULTURALLY SIGNIFICANT SITES), SPONSORING HISTORIC PRESERVATION WORKSHOPS, TAKING DIRECT ACTION TO PRESERVE THREATENED HISTORIC PLACES, AND MOBILIZING SUPPORT ON BEHALF OF ITS EFFORTS.
EDUCATION: THE CONSERVANCY RAISES AWARENESS ABOUT AND REINFORCES THE VALUE OF LOS ANGELES COUNTY'S RICH ARCHITECTURAL AND CULTURAL HERITAGE THROUGH ITS EDUCATION PROGRAMS. EACH YEAR, MORE THAN 8,000 LOS ANGELES RESIDENTS AND VISITORS DISCOVER-AND, OFTEN, REDISCOVER- THE HISTORIC AND CULTURAL FABRIC OF DOWNTOWN LOS ANGELES'S BUILT ENVIRONMENT THROUGH THE CONSERVANCY'S AWARD-WINNING WALKING TOUR PROGRAM. SEVEN DIFFERENT WALKING TOURS ARE HELD WEEKLY WITH SPECIAL SEASONAL TOURS OFFERED YEAR ROUND. YOUTH INITIATIVES, SUCH AS IN-SCHOOL RESIDENCIES AND STUDENT WALKING TOURS, ALIGN WITH CALIFORNIA STATE STANDARDS AND BRING CONCEPTS OF HISTORIC PRESERVATION TO LIFE FOR OVER 1,000 STUDENTS EACH YEAR. THE CONSERVANCY'S SIGNATURE PROGRAM, LAST REMAINING SEATS, WELCOMES NEARLY 5,000 PEOPLE TO HISTORIC MOVIE PALACES TO ENJOY CLASSIC FILMS.
OUTREACH: LOS ANGELES CONSERVANCY ENGAGES COMMUNITY STAKEHOLDERS TO ADVANCE RECOGNITION, PRESERVATION AND REVITALIZATION OF ARCHITECTURAL AND CULTURAL RESOURCES OF LOS ANGELES COUNTY. STRATEGIC OUTREACH EFFORTS INCLUDE BI-MONTHLY MEMBER NEWSLETTER, DEPLOYING BI-MONTHLY E-NEWS FOR APPROX 31,000 SUBSCRIBER AND EMAIL ALERTS REGARDING PRESERVATION, SPECIAL EVENTS, AND A PROACTIVE PUBLIC RELATIONS APPROACH. THE CONSERVANCY'S WEBSITE (WWW.LACONSERVANCY.ORG) SERVES AS A CRITICAL RESOURCE FOR SUPPORTERS, COMMUNITY MEMBERS, GOVERNMENT ENTITIES, BUSINESSES AND MEMBERS OF THE GENERAL PUBLIC. WITH 41,816 FOLLOWERS ON FACEBOOK, 46,213 FOLLOWERS ON INSTAGRAM, AND 16,817 FOLLOWERS ON X (FORMERLY KNOWN AS TWITTER), THE CONSERVANCY COUNTS ON A STRONG BASE OF ACTIVE ONLINE SUPPORTERS. COMMUNICATIONS EFFORTS SUPPORT MEMBERSHIP GROWTH AND EXPAND THE REACH OF THE CONSERVANCY'S EDUCATION PROGRAMS AND ADVOCACY WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joy Forbes Chairman | OfficerTrustee | 4 | $0 |
Michiko Shepherd Secretary | OfficerTrustee | 4 | $0 |
Ray Rindone Treasurer | OfficerTrustee | 2 | $0 |
Steven Mccall Advocacy Chair | Trustee | 2 | $0 |
Kelly Sutherlin Mccleod Development Chair | Trustee | 2 | $0 |
Sara Atsbaha Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $650,048 |
| Fundraising events | $157,017 |
| Related organizations | $0 |
| Government grants | $39,140 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,590,536 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,436,741 |
| Total Program Service Revenue | $425,959 |
| Investment income | $152,111 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$285,081 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,729,730 |
| 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. | $866,217 |
| Compensation of current officers, directors, key employees. | $60,635 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $701,875 |
| Pension plan accruals and contributions | $64,086 |
| Other employee benefits | $103,079 |
| Payroll taxes | $70,953 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $117,289 |
| Advertising and promotion | $0 |
| Office expenses | $75,864 |
| Information technology | $14,630 |
| Royalties | $0 |
| Occupancy | $259,630 |
| Travel | $11,616 |
| 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 | $2,859 |
| Insurance | $24,030 |
| All other expenses | $0 |
| Total functional expenses | $2,642,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,955 |
| Savings and temporary cash investments | $322,243 |
| 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 | $27,858 |
| Net Land, buildings, and equipment | $7,672 |
| Investments—publicly traded securities | $6,728,964 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $312,212 |
| Other assets | $745,039 |
| Total assets | $8,293,943 |
| Accounts payable and accrued expenses | $135,390 |
| 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 | $0 |
| Other liabilities | $828,600 |
| Total liabilities | $963,990 |
| Net assets without donor restrictions | $4,556,063 |
| Net assets with donor restrictions | $2,773,890 |
| 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 | $8,293,943 |