Foundation For The Performing Arts Center in Sn Luis Obisp, California (CA)

Table of contents:

Organization representatives - add corrected or new information about Foundation For The Performing Arts Center »

Non-representatives - add comments about Foundation For The Performing Arts Center»

Foundation For The Performing Arts Center
Employer Identification Number (EIN)770129605
Name of OrganizationFoundation For The Performing Arts Center
AddressPO BOX 1137, Sn Luis Obisp, CA 93406-1137
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date03/1987
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,947,736
Amount of Income$573,939
Form 990 Revenue Amount$573,939
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Performing Arts Centers


Non-representatives - add comments:


CAPTCHA

Your IP address 54.198.135.17 will be logged.

Amount of income in 2012: $573,939
Foundation For The Performing Arts Center: 

 $573,939
Other organizations performing similar types of work: 

 $976,304

Assets in 2012: $3,947,736
Foundation For The Performing Arts Center: 

 $3,947,736
Other organizations performing similar types of work: 

 $1,269,208

Expenses in 2002: $522,960
Foundation For The Performing Arts Center: 

 $522,960
Other organizations performing similar types of work: 

 $4,355,769

Income to expenses ratio in 2002: 2.8
Foundation For The Performing Arts Center: 

 2.8
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2002: 51.3%
Foundation For The Performing Arts Center: 

 51.3%
Other organizations performing similar types of work: 

 79.1%

Number of employees in 2002: 4
Foundation For The Performing Arts Center: 

 4
Other organizations performing similar types of work: 

 66

Employees paid over $50,000 in 2002: 25.0%
This organization: 

 25.0%
Other organizations performing similar types of work: 

 8.8%

Grants share in income in 2002: 95.8%
Foundation For The Performing Arts Center: 

 95.8%
Other organizations performing similar types of work: 

 43.4%

Financial snapshot ($)

Revenue for 2002

Assets at end of 2002

Expenses for 2002

Functional Expenses for 2002 ($)

Income-Producing Activities for 2002

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2002
Total revenue$1,490,222
Contributions, gifts, grants, and similar amounts received$1,427,318
Contributions to donor advised funds
Direct public support$1,427,318
Indirect public support$0
Government contributions (grants)$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Interest on savings and temporary cash investments$13,012
Dividends and interest from securities$15,389
Net rental income or (loss)$0
Gross rents$0
Less: rental expenses$0
Other investment income$0
Gain or (loss) from sales of assets other than inventory$-3,523
Gross amount from sales of assets other than inventory$61,611
Less: cost or other basis and sales expenses$65,134
Net income or (loss) from special events and activities$38,026
Gross revenue$70,625
Less: direct expenses other than fundraising expenses$32,599
Gross profit or (loss) from sales of inventory$0
Gross sales of inventory, less returns and allowances$0
Less: cost of goods sold$0
Other revenue$0
Total expenses$522,960
Program services$268,258
Management and general$147,985
Fundraising$106,717
Payments to affiliates$0
Net assets or fund balances at end of year$3,025,767
Excess or (deficit) for the year$967,262
Net assets or fund balances at beginning of year$2,058,505
Other changes in net assets or fund balances$0
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$522,960$268,258$147,985$106,717
Grants paid from donor advised funds
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$142,762$7,475$81,918$53,369
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$34,832$0$17,777$17,055
Payroll taxes$12,958$679$7,435$4,844
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$3,450$0$3,296$154
Telephone$2,173$0$2,173$0
Postage and shipping$8,202$0$2,013$6,189
Occupancy$13,004$0$6,651$6,353
Equipment rental and maintenance$1,310$0$1,310$0
Printing and publications$11,361$0$138$11,223
Travel$1,214$0$676$538
Conferences, conventions, and meetings$524$0$524$0
Interest$0$0$0$0
Depreciation, depletion, etc.$3,937$0$3,937$0
Other expenses not covered above$287,233$260,104$20,137$6,992
Balance Sheets
2002
Total assets$3,045,832
Cash - non-interest-bearing$6,719
Savings and temporary cash investments$359,940
Accounts receivable less allowance for doubtful accounts$0
Pledges receivable less allowance for doubtful accounts$1,841,811
Grants receivable$0
Receivables from current and former officers, directors, trustees, and key employees$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0
Inventories for sale or use$0
Prepaid expenses and deferred charges$8,071
Investments - publicly-traded securities
Investments - other securities$697,654
Investments - land, buildings, and equipment less accumulated depreciation$0
Investments - other$56,115
Land, buildings, and equipment less accumulated depreciation$14,474
Other assets, including program-related investments$61,048
Total liabilities$20,065
Accounts payable and accrued expenses$20,065
Grants payable$0
Deferred revenue$0
Loans from officers, directors, trustees, and key employees$0
Tax-exempt bond liabilities$0
Mortgages and other notes payable$0
Other liabilities$0
Total liabilities and net assets/fund balances$3,045,832
Total net assets or fund balances$3,025,767
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2002
Total revenue$1,490,222
Total revenue, gains, and other support per audited financial statements$1,485,617
Other expenses$-4,605
Net unrealized gains on investments$-4,605
Donated services and use of facilities$0
Recoveries of prior year grants$0
Other$0
Other revenue$0
Investment expenses$0
Other$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2002
Total expenses$522,960
Total expenses and losses per audited financial statements$522,960
Other revenue$0
Donated services and use of facilities$0
Prior year adjustments$0
Losses$0
Other$0
Other expenses$0
Investment expenses$0
Other$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20064
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$62,904$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$13,012$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$15,389$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-3,523$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$38,026$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$80,000$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
2001
Total$769,185
Gifts, grants, and contributions received$594,515
Membership fees received$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$138,466
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$36,204
Net income from unrelated business activities not included above$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0
Other income$0
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$655,504
Contributions, Gifts, Grants and Other Similar Amounts$506,614
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$87,938
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-79
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0
Gain or (loss) (Securities / Other)$0 / $0
Net income from fundraising events$61,031
Gross income from fundraising events$104,945
Less: direct expenses$43,914
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$847,346
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$149,136
Payroll taxes$15,751
Professional fundraising services$0
Other$682,459
Balance Sheet (for 2011)
Total assets$4,184,974
Total liabilities$12,226
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$12,226
Total net assets or fund balances$4,172,748
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$3,993,472
Gifts, grants, contributions, and membership fees received$3,411,473
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$581,999
Gross receipts from related activities, etc.$104,945
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Foundation For The Performing Arts Center to others? (optional)
  
Add photo of Foundation For The Performing Arts Center (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Sweepstakes

Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!



Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):


Recently Added Reviews
Amvets, 33 Amvets in Wilmington, CA
****
Live Again Ministries, Dba Live Again Recovery Homes in Lake Hughes, CA
*****
Unite Here, Local 11 in Los Angeles, CA
Willows Foundation Inc in Laguna Hills, CA
*****
Handicapped Equestrian Learning Program Calif No 1610054 in Simi Valley, CA
*****
Soul Winners Odc Ministries in Commerce, CA
****
San Francisco Paramedic Association in San Francisco, CA
*****
Fellowship Home Inc, Casa De Modesto in Modesto, CA
Native Sons Of The Golden West, Arrowhead Parlor #110 in San Francisco, CA
****•
Kids For The Kingdom Inc in Graton, CA
*****
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Lincoln Center For The Performing Arts Inc70 Lincoln Center Plaza No 9th Fl, New York, NY 10023-6548NY1963-11$252,901,824
2John F Kennedy Center For The Performing Arts2700 F St Nw, Washington, DC 20566-0001DC1959-03$200,381,436
3Carnegie Hall Corporation881 Seventh Avenue, New York, NY 10019-3210NY1962-02$118,592,105
4Segerstrom Center For The Arts600 Town Center Dr, Costa Mesa, CA 92626-1916CA1974-11$108,562,502
5Brooklyn Academy Of Music Inc30 Lafayette Ave, Brooklyn, NY 11217-1430NY1969-12$78,394,683
6New Jersey Performing Arts Center Corporation1 Center St, Newark, NJ 07102-4501NJ1988-12$53,139,685
7Performing Arts Center Of Los Angeles County135 N Grand Ave, Los Angeles, CA 90012-3013CA2001-01$46,090,709
8Community Arts Music Assn Of Santa Barbara2060 Alameda Padre Serra 201, Santa Barbara, CA 93103-1713CA1942-11$7,749,825
9Santa Barbara Center For The Performing Arts Inc1214 State St, Santa Barbara, CA 93101-2608CA1984-01$6,861,540
10Foundation For The Performing Arts CenterPO BOX 1137, Sn Luis Obisp, CA 93406-1137CA1987-03$573,939
11Friends Of The Cultural Center Inc73000 Fred Waring Dr, Palm Desert, CA 92260-2800CA1973-09$11,445,057
12Irvine Barclay Theatre Operating Co4199 Campus Dr Ste 680, Irvine, CA 92612-2751CA1986-04$3,796,569
13Lobero Theatre Foundation33 E Canon Perdido St, Santa Barbara, CA 93101-2213CA1938-12$3,026,947
14Paramount Theatre Of The Arts Inc2025 Broadway, Oakland, CA 94612-2303CA1976-03$2,786,723
15Intersection For The Arts925 Mission St Ste 109, San Francisco, CA 94103-2905CA1965-06$2,443,110
16Mainly Mozart Inc2802 Juan St Ste 29, San Diego, CA 92110-2763CA1994-08$1,150,477
17Music In The Mountains530 Searls Ave, Nevada City, CA 95959-3048CA1978-09$835,459
18Palace Of Fine Arts League Inc3301 Lyon St, San Francisco, CA 94123-1002CA1960-06$510,615
19Arena Theater Association214 Main Street, Point Arena, CA 95468CA1987-03$416,771
20Highways Inc1651 18th St, Santa Monica, CA 90404-3807CA1994-03$349,063
Number of organizations performing similar types of work
Alaska2
Arkansas1
Arizona2
California31
Colorado4
Connecticut10
District of Columbia4
Delaware1
Florida16
Georgia4
Hawaii1
Idaho3
Illinois8
Indiana5
Kansas4
Kentucky3
Louisiana3
Massachusetts20
Maryland6
Maine6
Michigan12
Minnesota4
Missouri5
Mississippi1
Montana2
North Carolina6
New Hampshire6
New Jersey9
New Mexico1
New York34
Ohio16
Oklahoma3
Oregon4
Pennsylvania14
Rhode Island2
South Carolina2
South Dakota1
Tennessee3
Texas19
Utah1
Virginia7
Vermont5
Washington11
Wisconsin9
West Virginia2
Wyoming1
Total314

faqs.org is not associated with, endorsed by, or sponsored by Foundation For The Performing Arts Center and has no official or unofficial affiliation with Foundation For The Performing Arts Center