Topa Institute
- Assets
- $44.5k
- Revenue
- $49.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Ojai, CA
- Founding
- 06/1992
- Data as of
- 12/2022
- EIN
- 95-4076358
Organization Overview
Topa Institute is located in Ojai, CA. The organization was established in 1992. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Topa Institute employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Topa Institute 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, Topa Institute generated $49.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $347.4k during the year ending 12/2022. 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 ORGANIZATION HOST CREATIVE WORKSHOPS, CLASSES, AND GATHERINGS FACILITATED BY LEADING TEACHERS, ARTISTS, AND CULTURE MAKERS IN THEIR FIELDS ON ITS 37ACRE RETREAT CENTER & LAND SANCTUARY IN THE UPPER OJAI VALLEY AND AT A VARIETY OF ARTS AND EDUCATIONAL VENUES ACROSS SOUTHERN CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PRODUCES WORKSHOPS, CONCERTS, FILM SCREENINGS, LECTURES, PERFORMANCES. ALSO, TOPA INSTITUTE OFFERS ARTIST RESIDENCIES, THAT SUPPORTS AND ARTISTS ENGAGED WITH THE ORGANIZATIONAL MISSION. THE ORGANIZATION PUBLISHES A SERIES OF ONLINE PUBLICATIONS AIMED AT PROMOTING ARTS AND CULTURE VIA ITS WEBSITE, DIGITAL EXHIBITIONS, AND ELECTRONIC NEWSLETTER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Rosner Chairman | OfficerTrustee | 1 | $0 |
Carla Oliveira Secretary | OfficerTrustee | 1 | $0 |
Aaron Paley Treasurer | OfficerTrustee | 1 | $0 |
Lynn Frances Jae Member | Trustee | 1 | $0 |
Abbie Phillips Member | Trustee | 1 | $0 |
Leah Reis-Dennis Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $32,460 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,549 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,009 |
| Total Program Service Revenue | $5,750 |
| Investment income | $0 |
| 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 | $49,759 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $186,980 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,226 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,200 |
| Advertising and promotion | $0 |
| Office expenses | $2,613 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,309 |
| Travel | $4,693 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $215 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $422 |
| Insurance | $12,830 |
| All other expenses | $43,570 |
| Total functional expenses | $347,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,271 |
| Savings and temporary cash investments | $610 |
| 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 | $632 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $44,513 |
| Accounts payable and accrued expenses | $8,084 |
| 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 | $8,084 |
| Net assets without donor restrictions | $0 |
| 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 | $36,429 |
| Total liabilities and net assets/fund balances | $44,513 |