Sister Cities Of Los Angeles Inc
- Assets
- $26.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Los Angeles, CA
- Founding
- 12/1991
- Data as of
- 12/2021
- EIN
- 95-4349027
Organization Overview
Sister Cities Of Los Angeles Inc is located in Los Angeles, CA. The organization was established in 1991. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Sister Cities Of Los Angeles Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sister Cities Of Los Angeles 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, Sister Cities Of Los Angeles Inc generated $86.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $115.9k during the year ending 12/2021. While expenses have increased by 26.3% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ITALY'S ARTS & CULTURE CELEBRATION INCLUDED A YEAR-LONG RECIPROCAL CELEBRATION OF ARTS AND CULTURE. LOS ANGELES SHOWCASED ITS WORLD RENOWNED CREATIVE CULTURE AND ARTS INSTITUTIONS IN ISCHIA, WHILE HIGHLIGHTING ITALY'S BEAUTIFUL VITALITY IN LOS ANGELES. THE PROGRAM FEATURED EXHIBITIONS, PERFORMANCES, FILM SCREENINGS, PANELS, WORKSHOPS, AND OTHER ARTISTIC ENCOUNTERS WITH LOS ANGELES AND ITALIAN-BASED ARTS AND EDUCATIONAL INSTITUTIONS. THIS YEAR-LONG CULTURAL AND ARTISTIC EXCHANGE INCREASED THE AWARENESS OF LOS ANGELES AND ISCHIA AS UNIQUE DESTINATIONS WHILE STRENGHTHENING CULTURAL TOURISM AND ECONOMIC DEVELOPMENT OPPOURTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Cheung Secretary | 10 | $0 | |
Tom Gilmore President & CEO | 10 | $0 | |
Theresa Kwang CFO | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $97,755 |
| Professional fees and other payments to independent contractors | $2,278 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,851 |
| Total expenses | $115,884 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,498 |
| Other assets | $0 |
| Total assets | $26,811 |
| Total liabilities | $2,299 |
| Net assets or fund balances | $24,512 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sister Cities Of Los Angeles Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Annenberg Foundation Conshohocken, PA PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
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