Glendale Arts
- Assets
- $820.3k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 45
- Location
- Glendale, CA
- Founding
- 10/1993
- Data as of
- 06/2022
- EIN
- 95-4416336
Organization Overview
Glendale Arts is located in Glendale, CA. The organization was established in 1993. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Glendale Arts employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glendale Arts 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 06/2022, Glendale Arts generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $861.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF GLENDALE ARTS IS TO INTEGRATE THE ARTS INTO THE IDENTITY, GROWTH AND ECONOMIC VITALITY OF THE CITY OF GLENDALE BY PREESENTING PROGRAMMING AND CREATING PARTNERSHIPS THAT BENEFIT YOUTH, PATRONS, ARTISTS, ORGANIZATIONS AND BUSINESSES IN THE COMMUNITY AND AT THE ALEX THEATRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALEX THEATRE- GLENDALE ARTS OVERSEES THE PRESERVATION AND OPERATION OF THE 1,400 SEAT HISTORIC ALEX THEATRE THROUGH A MANAGEMENT AGREEMENT AND LEASE WITH THE SUCCESSOR AGENCY. THE VENUE'S DIVERSE SCHEDULE OF PROGRAMMING PRESENTED BY PROFESSIONAL AND COMMUNITY PERFORMING ARTS GROUPS INCLUDES CLASSICAL MUSIC, LIVE THEATRE, COMEDY, FILM, POPULAR CONCERTS, AND DANCE.
PROGRAMS AND SERVICES- GLENDALE ARTS PROVIDES RESOURCES TO FOSTER AND STRENGTHEN THE CAPACITY OF LOCAL ARTISTS AND ARTS ORGANIZATIONS AND ALSO PRESENTS CULTURAL PROGRAMS TO IMPROVE THE ECONOMIC VITALITY AND QUALITY OF LIFE OF THE COMMUNITY. GLENDALE ARTS HAS AN INTERACTIVE WEB SITE THAT SERVES AS AN IFNORMATION PORTAL FOR THE ARTS COMMUNITY AND INCLUDES ARTIST PROFILES, BLOGS, AND A MASTER CALENDAR OF EVENTS. GLENDALE ARTS ALSO PRESENTED A VARIERTY OF PROGRAMS THAT CELEBRATED THE COMMUNITY'S CULTURAL ETHNICITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Aghajanian Director | Trustee | 0 | $0 |
Nina Crowe CEO | OfficerTrustee | 40 | $0 |
Richard Bardowell MD Treasurer | Trustee | 0 | $0 |
Kevin Bartanian Vice Chair | OfficerTrustee | 2 | $0 |
Chris Green Director | Trustee | 2 | $0 |
Peter Green Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,502,831 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,413 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,593,244 |
| Total Program Service Revenue | $208,611 |
| 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 | $1,801,855 |
| 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. | $80,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $352,644 |
| Pension plan accruals and contributions | $10,075 |
| Other employee benefits | $0 |
| Payroll taxes | $37,293 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,504 |
| Advertising and promotion | $18,201 |
| Office expenses | $1,557 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,690 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,844 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,112 |
| Insurance | $62,810 |
| All other expenses | $60,103 |
| Total functional expenses | $861,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $712,803 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,561 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $79 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $103,851 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $820,294 |
| Accounts payable and accrued expenses | $49,392 |
| 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 | $520,682 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,600 |
| Total liabilities | $572,674 |
| Net assets without donor restrictions | -$692,992 |
| Net assets with donor restrictions | $940,612 |
| 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 | $820,294 |