Los Angeles Contemporary Exhibitions Inc
- Assets
- $1.9m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 6
- Location
- Los Angeles, CA
- Founding
- 09/1979
- Data as of
- 09/2023
- EIN
- 95-3397305
Organization Overview
Los Angeles Contemporary Exhibitions Inc is located in Los Angeles, CA. The organization was established in 1979. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Los Angeles Contemporary Exhibitions Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles Contemporary Exhibitions 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 09/2023, Los Angeles Contemporary Exhibitions Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $584.3k during the year ending 09/2023. While expenses have increased by 3.9% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE OPPORTUNITIES FOR DIVERSE PUBLICS TO ENGAGE DEEPLY WITH CONTEMPORARY ART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. NEW ARTIST PROJECTS - JACKIE AMZQUITA AND MICAELA TOBIN NEW ARTIST COMMISSIONS WITH JACKIE AMZQUITA AND MICAELA TOBIN. TITLED GEMIDOS DE LA TIERRA, JACKIE AMZQUITA CREATED A MOBILE PUBLIC ARTWORK DEPICTING THE NAMES OF INDIVIDUALS WHO PASSED AWAY WHILE IN ICE DETENTION CENTERS. LACE PRODUCED A PUBLIC PRESENTATION WHICH INCLUDED CARRYING THE WORKS ON THE BACK OF FLATBED TRUCKS ACROSS THE CITY OF LOS ANGELES, FOLLOWED BY A CAR CARAVAN OF THE PUBLIC WHO WERE PROVIDED AN AUDIO TOUR BY AMZQUITA. THE PROCESSIONS CULMINATED WITH A PUBLIC CELEBRATION FEATURING PERFORMANCES BY AMZQUITA AND SINGER/ARTIST DORIAN WOOD. MICAELA TOBIN AND LACE PREMIERED HER NEW EXPERIMENTAL OPERA APOLAKI: OPERA OF THE SCORCHED EARTH WHICH FOLLOWS THE FILIPINO GOD APOLAKI AS HE TRIES TO FIND HIS WAY HOME AFTER BEING DISPLACED BY SPANISH COLONIZERS IN THE PHILIPPINES.TOTAL CLIENTS SERVED - 750 IN PERSON PARTICIPANTS
2. INTERNSHIP/APPRENTICESHIP PROGRAMLACE HOSTED ONE CURATORIAL AND ONE COMMUNICATIONS INTERN FUNDED THROUGH A GRANT FROM THE GETTY FOUNDATION'S PROGRAM: THE GETTY MUI (MULTICULTURAL UNDERGRADUATE INTERNSHIP) AND AN ANNUAL APPRENTICE THROUGH PITZER COLLEGE AND ARTTABLE. THIS YEAR, LAUNCHED THE LACE POSTGRADUATE FELLOWSHIP WITH A CURATORIAL RESEARCH FELLOW AND AN INTERNATIONAL COMMUNICATIONS AND MARKETING FELLOW SUPPORTED BY THE CIEE EXCHANGE PROGRAM. TOTAL CLIENTS SERVED - 5 APPRENTICES SERVED IN 2023
3. EMERGING CURATOR PROGRAM PRESENTATIONTHE EMERGING CURATOR PROGRAM IS DESIGNED TO DISCOVER CURATORIAL TALENT IN LOS ANGELES AND PROVIDES OPPORTUNITIES FOR EMERGING CURATORS TO PARTNER WITH LACE. SINCE 2015, LACE HAS PRESENTED NINE SUCCESSFUL EXHIBITIONS BY EMERGING CURATORS BASED IN LOS ANGELES.OF SEED, SOIL, AND STARS BRINGS TOGETHER SIX INTERDISCIPLINARY ARTISTS WHO COLLABORATE WITH EARTH AND COMMUNITIES, USING SOIL, RAINWATER, AND NATURAL PIGMENTS AS MATERIAL. TOGETHER, THEIR WORK EXPLORES THE RELATIONSHIPS BETWEEN THE LAND AND BODY AND BETWEEN MIGRATION AND MEMORY. THE EXHIBITION ASKS, "HOW DOES THE IMPACT OF COLONIAL EXTRACTIVE PROCESSES AND RESULTING DIASPORIC RELATED TRAUMAS MOVE US TOWARDS REIMAGINING AND RECREATING RIGHT RELATIONSHIP WITH LANDS AND BODIES?"TOTAL IN PERSON CLIENTS SERVED - 350 IN PERSONAL PARTICIPANTS WITH ADDITIONAL ONLINE VIEWERSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Adams Board Member | Trustee | 1 | $0 |
Andrea Collins Vice Chair | OfficerTrustee | 3 | $0 |
Michael Delgado Board Member | Trustee | 1 | $0 |
Roy Dowell Board Member | Trustee | 2 | $0 |
Jessica Fleischmann Board Member | Trustee | 1 | $0 |
Elisabeth Forney Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,300 |
| Fundraising events | $102,199 |
| Related organizations | $0 |
| Government grants | $484,181 |
| All other contributions, gifts, grants, and similar amounts not included above | $952,940 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,543,620 |
| Total Program Service Revenue | $5,020 |
| Investment income | $20,602 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $288 |
| 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 | $2,313 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,578,894 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $61,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,834 |
| Compensation of current officers, directors, key employees. | $15,875 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,599 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,180 |
| Payroll taxes | $19,220 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,616 |
| Advertising and promotion | $5,971 |
| Office expenses | $24,412 |
| Information technology | $9,972 |
| Royalties | $0 |
| Occupancy | $30,120 |
| Travel | $5,140 |
| 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 | $5,781 |
| All other expenses | $0 |
| Total functional expenses | $584,306 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,055 |
| Savings and temporary cash investments | $1,245,585 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $316,890 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $59,535 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $48,082 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,400 |
| Total assets | $1,867,547 |
| Accounts payable and accrued expenses | $14,075 |
| 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 | $140,592 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $154,667 |
| Net assets without donor restrictions | $1,346,571 |
| Net assets with donor restrictions | $366,309 |
| 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 | $1,867,547 |