Wallis Annenberg Center For The Performing Arts in Los Angeles, California (CA)

Table of contents:

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

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

Wallis Annenberg Center For The Performing Arts
Employer Identification Number (EIN)954467830
Name of OrganizationWallis Annenberg Center For The Performing Arts
Address9911 W Pico Blvd Ste 680, Los Angeles, CA 90035-2710
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Other cultural or historical activities
SubsectionCharitable Organization
Ruling Date12/1994
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 Period08/2012
Assets$10,000,000 to $49,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$49,082,514
Amount of Income$8,210,529
Form 990 Revenue Amount$8,210,529
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Arts, Cultural Organizations - Multipurpose


Non-representatives - add comments:


CAPTCHA

Your IP address 54.226.18.74 will be logged.

Amount of income in 2012: $8,210,529
This organization: 

 $8,210,529
Other organizations performing similar types of work: 

 $62,408

Assets in 2012: $49,082,514
This organization: 

 $49,082,514
Other organizations performing similar types of work: 

 $29,007

Expenses in 2007: $747,754
Wallis Annenberg Center For The Performing Arts: 

 $747,754
Other organizations performing similar types of work: 

 $431,815

Income to expenses ratio in 2007: 2.4
This organization: 

 2.4
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2007: 47.0%
This organization: 

 47.0%
Other organizations performing similar types of work: 

 80.0%

Number of employees in 2007: 10
This organization: 

 10
Other organizations performing similar types of work: 

 12

Employees paid over $50,000 in 2007: 40.0%
This organization: 

 40.0%
Other organizations performing similar types of work: 

 20.0%

Grants share in income in 2007: 65.7%
Wallis Annenberg Center For The Performing Arts: 

 65.7%
Other organizations performing similar types of work: 

 74.5%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
200220032004200520062007
Total revenue$3,509,319$14,674,056$1,946,009$6,315,603$9,255,417$1,821,347
Contributions, gifts, grants, and similar amounts received$3,507,615$14,673,006$1,858,191$5,889,299$8,370,381$1,197,145
Contributions to donor advised funds$0$0
Direct public support$3,507,615$14,673,006$1,858,191$5,889,299$8,370,381$1,197,145
Indirect public support$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0$0$0
Membership dues and assessments$0$0$0$0$0$0
Interest on savings and temporary cash investments$1,704$1,050$87,818$426,304$885,036$0
Dividends and interest from securities$0$0$0$0$0$624,202
Net rental income or (loss)$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0
Total expenses$434,747$392,512$768,906$696,987$833,419$747,754
Program services$209,142$169,747$393,019$321,405$414,817$351,316
Management and general$80,862$101,778$167,344$199,196$158,366$166,313
Fundraising$144,743$120,987$208,543$176,386$260,236$230,125
Payments to affiliates$0$0$0$0$0$0
Net assets or fund balances at end of year$5,295,464$19,577,008$20,754,111$26,372,727$34,794,725$35,868,318
Excess or (deficit) for the year$3,074,572$14,281,544$1,177,103$5,618,616$8,421,998$1,073,593
Net assets or fund balances at beginning of year$2,220,892$5,295,464$19,577,008$20,754,111$26,372,727$34,794,725
Other changes in net assets or fund balances$0$0$0$0$0$0
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$747,754$351,316$166,313$230,125
Grants paid from donor advised funds$0
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.$182,482$72,993$54,745$54,744
Compensation of former officers, directors, key employees, etc.$0$0$0$0
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)$0$0$0$0
Salaries and wages of employees not included above$315,250$125,449$64,880$124,921
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$30,685$9,528$5,726$15,431
Payroll taxes$34,659$13,439$7,961$13,259
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$0$0$0$0
Telephone$2,930$1,260$850$820
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$738$570$168$0
Printing and publications$1,653$1,453$50$150
Travel$7,392$5,645$1,285$462
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$3,344$1,003$1,672$669
Other expenses not covered above$168,621$119,976$28,976$19,669
Balance Sheets
200220032004200520062007
Total assets$5,457,858$19,594,875$20,856,515$26,536,800$34,868,788$36,011,550
Cash - non-interest-bearing$0$378,713$302,513$510,768$44,199$99,263
Savings and temporary cash investments$566,868$0$0$0$72,755$0
Accounts receivable less allowance for doubtful accounts$0$0$0$0$0$0
Pledges receivable less allowance for doubtful accounts$1,115,414$15,168,312$10,891,406$10,570,669$10,805,821$9,046,404
Grants receivable$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0
Prepaid expenses and deferred charges$4,075$4,238$3,790$6,396$8,355$11,655
Investments - publicly-traded securities$18,116,054$20,530,173
Investments - other securities$0$0$4,688,674$9,896,117$0$0
Investments - land, buildings, and equipment less accumulated depreciation$1,381,399$0$367,300$0$0$0
Investments - other$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$1,640,334$9,869$2,410,009$2,746,276$3,267,228
Other assets, including program-related investments$2,390,102$2,403,278$4,592,963$3,142,841$3,075,328$3,056,827
Total liabilities$162,394$17,867$102,404$164,073$74,063$143,232
Accounts payable and accrued expenses$162,394$17,867$102,404$164,073$74,063$143,232
Grants payable$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0
Other liabilities$0$0$0$0$0$0
Total liabilities and net assets/fund balances$5,457,858$19,594,875$20,856,515$26,536,800$34,868,788$36,011,550
Total net assets or fund balances$5,295,464$19,577,008$20,754,111$26,372,727$34,794,725$35,868,318
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200220032004200520062007
Total revenue$3,509,319$14,674,056$1,946,009$6,315,603$9,255,417$1,821,347
Total revenue, gains, and other support per audited financial statements$3,530,739$14,674,056$1,946,009$6,315,603$9,255,417$1,821,347
Other expenses$21,420$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0
Donated services and use of facilities$21,420$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0
Other$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0
Other$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200220032004200520062007
Total expenses$434,747$392,512$768,906$696,987$833,419$747,754
Total expenses and losses per audited financial statements$456,167$392,512$768,906$696,987$833,419$747,754
Other revenue$21,420$0$0$0$0$0
Donated services and use of facilities$21,420$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0
Losses$0$0$0$0$0$0
Other$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0
Other$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$175,000$7,482$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings29
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?No
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?No
Does the organization have a written conflict of interest policy?Yes
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)?No
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?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200610
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$624,202$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$000$0$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)$624,202$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$000$0$0
Net income or (loss) from special events000000$000$0$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 2007)
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 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$71,000$5,859$0
$52,000$4,026$0
$100,000$7,434$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
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?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
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$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
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
200120022003200420052006
Total$67,810$3,839,881$621,158$1,222,915$1,636,340$9,020,265
Gifts, grants, and contributions received$56,000$3,838,177$620,108$1,135,097$1,210,036$8,135,229
Membership fees received$0$0$0$0$0$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$0$0$0$0$0$0
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$11,810$1,704$1,050$87,818$426,304$885,036
Net income from unrelated business activities not included above$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$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$0$0$0$0$0
Other income$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
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$2,664,146
Contributions, Gifts, Grants and Other Similar Amounts$2,660,804
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$19,212
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-15,870
Gross amount from sales of assets other than inventory (Securities / Other)$40,881,376 / $0
Less: cost or other basis and sales expenses (Securities / Other)$40,897,246 / $0
Gain or (loss) (Securities / Other)$-15,870 / $0
Net income from fundraising events$0
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$1,208,750
Compensation of current officers, directors, trustees, and key employees$185,927
Other salaries and wages$488,082
Payroll taxes$49,283
Professional fundraising services$0
Other$485,458
Balance Sheet (for 2011)
Total assets$41,257,475
Total liabilities$1,195,801
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$1,195,801
Total net assets or fund balances$40,061,674
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$18,311,126
Gifts, grants, contributions, and membership fees received$16,560,844
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$1,750,282
Gross receipts from related activities, etc.$0
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 Wallis Annenberg Center For The Performing Arts to others? (optional)
  
Add photo of Wallis Annenberg Center For The Performing Arts (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
Children Of War Foundation in Los Angeles, 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
*****
San Clemente Rotary Foundation Inc in San Clemente, CA
*****
Phunny Pharm Farm Animal Rescue in Doyle, CA
*****
Silver Tsunami Productions Inc in Santa Rosa, CA
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Robert W Woodruff Arts Center Inc1280 Peachtree Street Ne, Atlanta, GA 30309-3502GA1926-07$294,055,092
2Westchester Academic Library Directors Organization Inc, Waldo1111 Route 9 Ste A, Garrison, NY 10524-3238NY2001-03$26,669,289
3Jserra Catholic High School26351 Junipero Serra Rd, San Juan Capistrano, CA 92675-1635CA2000-11$19,638,448
4Coalition To Salute Americas Heroes Foundation552 Fort Evans Rd Ste 300, Leesburg, VA 20176-3378VA1984-09$16,584,292
5Midland Center For The Arts Inc1801 W Saint Andrews Rd, Midland, MI 48640-2656MI1966-09$11,509,560
6Wallis Annenberg Center For The Performing Arts9911 W Pico Blvd Ste 680, Los Angeles, CA 90035-2710CA1994-12$8,210,529
7Portland Rose Festival FoundationFoundation, Portland, OR 97204OR2008-03$3,395,047
8Society Of Architectural Historians1365 N Astor St, Chicago, IL 60610-2144IL2005-05$3,000,086
9Livermore Valley Performing Arts Center2400 1st St Arts Center, Livermore, CA 94550CA1999-09$2,603,022
10Saugatuck Center For The Arts IncPO BOX 940, Saugatuck, MI 49453-0940MI2001-09$836,945
11Haven Gallery295 N Garey Ave, Pomona, CA 91767-5429CA1993-08$3,780,738
12Lucid Art FoundationPO BOX 1199, Inverness, CA 94937-1199CA1999-08$3,051,059
13Community Works West Inc1605 Bonita Ave, Berkeley, CA 94709-2021CA2007-08$1,914,346
14Global Cultural ConnectionsPO BOX 372333, Reseda, CA 91337-2333CA2004-05$1,645,841
15Laxart2640 S La Cienega Blvd, Los Angeles, CA 90034-2604CA2005-11$1,463,696
16Casa 0101 Inc2009 E 1st St, Los Angeles, CA 90033-3915CA2007-03$1,207,611
17Alliance For California Traditional Arts1245 Van Ness Ave, Fresno, CA 93721-1711CA2002-11$1,134,499
18California Strawberry Festival1661 Pacific Ave Ste 15, Oxnard, CA 93033-1874CA2002-02$1,113,455
19Antaeus Company5114 Lankershim Blvd, N Hollywood, CA 91601-3717CA1996-02$1,088,566
20Iapsam300 Commerce Drive, Irvine, CA 92602-1308CA1995-01$886,177
Number of organizations performing similar types of work
Alaska18
Alabama53
Arkansas41
Arizona119
California830
Colorado120
Connecticut73
District of Columbia60
Delaware11
Florida305
Georgia138
Hawaii75
Iowa56
Idaho30
Illinois186
Indiana90
Kansas39
Kentucky62
Louisiana63
Massachusetts154
Maryland119
Maine39
Michigan128
Minnesota109
Missouri102
Mississippi26
Montana29
North Carolina140
North Dakota9
Nebraska33
New Hampshire22
New Jersey153
New Mexico59
Nevada32
New York553
Ohio159
Oklahoma44
Oregon111
Pennsylvania180
Rhode Island23
South Carolina48
South Dakota15
Tennessee73
Texas317
Utah48
Virginia133
Vermont19
Washington152
Wisconsin92
West Virginia39
Wyoming8
International18
Total5,555

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