City Hearts Kids Say Yes To The Arts L A Fringe Theatre Inc
- Assets
- $290.3k
- Revenue
- $290.7k
- Investments
- $0.0
- Employees
- 14
- Location
- Topanga, CA
- Founding
- 04/1991
- Data as of
- 12/2021
- EIN
- 95-4036895
Organization Overview
City Hearts Kids Say Yes To The Arts L A Fringe Theatre Inc is located in Topanga, CA. The organization was established in 1991. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, City Hearts Kids Say Yes To The Arts L A Fringe Theatre Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Hearts Kids Say Yes To The Arts L A Fringe Theatre 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 12/2021, City Hearts Kids Say Yes To The Arts L A Fringe Theatre Inc generated $290.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $258.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FREE ARTS, THEATRE AND DANCE INSTRUCTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION PROVIDES FREE CLASSES IN DANCE, THEATER, MUSIC, PHOTOGRAPHY, VISUAL ARTSAND SHAKESPEARE PERFORMANCES TO HUNDREDS OF UNDERSERVED YOUTH IN THE SOUTHERN CALIFORNIAAREA. ORGANIZATION PROVIDES THESE CHILDREN AND YOUTH WITH QUALITY ARTS EDUCATION ANDPERFORMANCE OPPORTUNITIES WHICH ARE PROVIDED AT NO CHARGE TO THEIR FAMILIES ANDPEERS, AND THE COMMUNITY. DURING TAX YEAR, PROGRAM SERVICE EXPENSES WEREALLOCATED TO THE FOLLOWING PROGRAMS:EARLY YEARS PROGRAM SERVING CHILDREN AGES 5 TO 10YOUTH ARTS DIVERSION PROGRAM TARGETING YOUTH AGES 11 TO 18
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Jason President | OfficerTrustee | 40 | $22,626 |
Laura Salvati Secretary | OfficerTrustee | 5 | $0 |
Ed O'neill Chairman | OfficerTrustee | 5 | $0 |
Robert Jason Director | Trustee | 5 | $0 |
Lilit Hovhannisyan Director | Trustee | 5 | $0 |
Aakash Ranavat Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,175 |
| All other contributions, gifts, grants, and similar amounts not included above | $274,544 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $290,719 |
| Total Program Service Revenue | $0 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $290,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,699 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $22,627 |
| Compensation of current officers, directors, key employees. | $5,657 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,463 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,303 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,658 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $113,626 |
| Advertising and promotion | $304 |
| Office expenses | $5,686 |
| Information technology | $4,737 |
| Royalties | $0 |
| Occupancy | $19,720 |
| Travel | $81 |
| 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 | $3,422 |
| Insurance | $6,050 |
| All other expenses | $102 |
| Total functional expenses | $258,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,853 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $5,457 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,009 |
| Total assets | $290,319 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $290,319 |
| Net assets with donor restrictions | $0 |
| 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 | $290,319 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that City Hearts Kids Say Yes To The Arts L A Fringe Theatre Inc has recieved totaling $55,012.
| Awarding Organization | Amount |
|---|---|
Thelma Pearl Howard Foundation Los Angeles, CA PURPOSE: ARTS | $55,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cityserve Network Bakersfield, CA | $4,069,087 | $94,473,161 |
Movement Strategy Center Oakland, CA | $26,305,991 | $30,747,629 |
Casa De Los Ninos Inc Tucson, AZ | $25,293,755 | $23,382,073 |
Woodcraft Rangers Los Angeles, CA | $7,179,034 | $18,872,695 |
Californians Dedicated To Education Foundation San Francisco, CA | $5,632,923 | $12,853,124 |
Coalition For Responsible Community Development Los Angeles, CA | $20,510,086 | $22,552,371 |
Young Community Developers San Francisco, CA | $10,175,438 | $17,514,811 |
Community Youth Center Of San Francisco San Francisco, CA | $17,880,445 | $17,282,098 |
Kupu Honolulu, HI | $10,299,309 | $11,230,476 |
Kids Unlimited Of Oregon Medford, OR | $20,008,929 | $11,933,756 |
Hunters Point Family San Francisco, CA | $3,079,045 | $12,434,856 |
Alliance For A Healthier Generation Inc Portland, OR | $19,826,978 | $16,732,492 |