Coalition Of Asian Pacifics In Entertainment Foundation Inc
- Assets
- $1.1m
- Revenue
- $790.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Los Angeles, CA
- Founding
- 07/1996
- Data as of
- 12/2021
- EIN
- 95-4552979
Organization Overview
Coalition Of Asian Pacifics In Entertainment Foundation Inc is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Coalition Of Asian Pacifics In Entertainment Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coalition Of Asian Pacifics In Entertainment Foundation 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, Coalition Of Asian Pacifics In Entertainment Foundation Inc generated $790.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $354.6k during the year ending 12/2021. While expenses have increased by 10.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CAPE CHAMPIONS DIVERSITY BY EDUCATING, CONNECTING, AND EMPOWERING ASIAN AMERICAN AND PACIFIC ISLANDER ARTISTS AND LEADERS IN ENTERTAINMENT AND MEDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED VARIOUS PROGRAM SERVICES, INCLUDING NEW WRITER FELLOWSHIP, LEADER FELLOWSHIP,VIRTUAL EDUCATIONAL WORKSHOPS, ARTIST PANELS, AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Naia Cucukov Vice Chair | Officer | 0.25 | $0 |
Russ Riggins Treasurer | Officer | 0.25 | $0 |
Sanjay Sharma Board Chair | Officer | 0.25 | $0 |
Rina Brannen Secretary | Officer | 0.25 | $0 |
Nina Yang Bongiovi Director | Trustee | 0.25 | $0 |
Frank Jung Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $265,395 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $273,795 |
| Total Program Service Revenue | $496,950 |
| Investment income | $19,845 |
| 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 | $790,590 |
| 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 | $185,598 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,280 |
| Payroll taxes | $74,190 |
| 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 | $0 |
| Advertising and promotion | $2,237 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,275 |
| Travel | $0 |
| 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 | $549 |
| Insurance | $5,658 |
| All other expenses | $5,251 |
| Total functional expenses | $354,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $837,106 |
| Savings and temporary cash investments | $230,040 |
| 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 | $24 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,067,170 |
| 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 | $4,348 |
| Total liabilities | $4,348 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,062,822 |
| 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 | $1,067,170 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Coalition Of Asian Pacifics In Entertainment Foundation Inc has recieved totaling $174,370.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $82,386 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $55,865 |
Gouw Family Foundation Pasadena, CA PURPOSE: GENERAL FUNDING | $16,619 |
Asian Pacific Fund San Francisco, CA PURPOSE: GENERAL SUPPORT | $12,000 |
Asian Pacific Community Fund Of Southern California Los Angeles, CA PURPOSE: SEE SCHEDULE O MISSION STATEMENT. | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Development Foundation Woodland, CA | $499,472 | $124,731 |
The Planetary Society Pasadena, CA | $9,508,979 | $4,905,895 |
Prevention Institute Oakland, CA | $12,910,812 | $7,921,442 |
Society For The Study Of Native Arts & Sciences Berkeley, CA | $8,524,775 | $6,247,781 |
Undercurrent Inc San Rafael, CA | $5,890,053 | $8,348,585 |
Solve Me Cfs Initiative Inc Glendale, CA | $1,880,953 | $2,192,325 |
Unreported Story Society Marina Del Ray, CA | $399,103 | $3,017,560 |
Truthout Sacramento, CA | $881,852 | $2,314,333 |
Heyday Berkeley, CA | $2,111,683 | $2,251,217 |
Capital & Main Los Angeles, CA | $794,047 | $1,843,155 |
University Of California Press Foundation Oakland, CA | $23,332,542 | $983,531 |
Center For Accessible Technology Berkeley, CA | $1,757,069 | $1,896,017 |