Gilbert Public Arts Foundation
- Assets
- $56.1m
- Revenue
- $0.0
- Investments
- $56.1m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/1997
- Data as of
- 04/2023
- EIN
- 95-4648564
Organization Overview
Gilbert Public Arts Foundation is located in Los Angeles, CA. The organization was established in 1997. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gilbert Public Arts Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S EXEMPT PURPOSE, AS DESCRIBED IN ITS EXEMPTION APPLICATION, IS TO HOLD WORKS OF ART AND LEND OR DONATE THEM TO MUSEUMS TO EXHIBIT AND PRESERVE THE ART COLLECTIONS FOR THE BENEFIT OF THE PUBLIC. THE FOUNDATION'S EXEMPT PRIVATE OPERATING STATUS WAS GRANTED ON THE SAME BASIS. THE FOUNDATION'S CURRENT AND PRIOR ACTIVITIES ARE CONSISTENT WITH THE REPRESENTATIONS MADE IN ITS EXEMPTION APPLICATION.THE FAIR MARKET VALUE OF THE WORKS OF ART OF THE FOUNDATION ON LOAN AS OF APRIL 30, 2023 ARE THE FOLLOWING:SILVER-GILT $35,550,801GOLD BOXES 1,488,156MOSAICS 7,821,996TEXTILE 112,454FA TU/MISC 11,161,804TOTAL VALUE $56,135,211
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 |
|---|---|---|---|
Richard Ziman President | 1 | $0 | |
Martin H Blank Jr Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $55 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,484 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,149 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $56,135,211 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $56,136,360 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $11,500 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,500 |