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← AUDACITY PERFORMING ARTS PROJECT INC

Form 990 for tax year 2022

Filed by AUDACITY PERFORMING ARTS PROJECT INC.

What the amendment changed

Compared with the return it replaced , filed 23 July 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$557,036 changed to $421,640
Total expenses
$523,749 changed to $523,755
Contributions and grants received
$244,326 changed to $108,930
Total assets, end of year
$187,627 changed to $172,634
Total liabilities, end of year
$14,610 changed to $173,059
Net assets or fund balances, end of year
$173,017 changed to -$425
Program service expenses (Part III)
$236,720 changed to $285,340

Listed only on the later return

  • Valerie Wallace

Listed under a different title

  • Blanca Sanchez-Cruz: Secretary then Board Secretary
  • Louis Stone-Collonge: Director Fundraising then Development Director
  • Rosalinda Sanchez: CEO then Executive Director

Totals

Total revenue
$421,640
Total expenses
$523,755
Contributions and grants received
$108,930
Grants paid
$0
Program service revenue
$312,525
Investment income
$185
Other revenue
$0
Total assets, end of year
$172,634
Total liabilities, end of year
$173,059
Net assets or fund balances, end of year
-$425
Program services expenses (Part IX)
$285,340
Management and general expenses
$201,809
Fundraising expenses
$36,606
Program service expenses (Part III)
$285,340

Program services were 54.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $108,930

  • 1g · Noncash contributions included above

    $0

  • 2f · All other program service revenue

    total $312,525 · related or exempt $312,525 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $185 · related or exempt $185 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $123,000 · management and general $87,000 · fundraising $36,000

  • 7 · Other salaries and wages

    total $311,838 · program services $244,954 · management and general $66,884

  • 10 · Payroll taxes

    total $224 · program services $224

  • 13 · Office expenses

    total $6,076 · program services $1,208 · management and general $4,454 · fundraising $414

  • 16 · Occupancy

    total $37,974 · program services $10,824 · management and general $27,150

  • 24a · Other expenses: Program Supplies & Equipment

    total $16,202 · program services $16,202 · management and general $0 · fundraising $0

  • 24b · Other expenses: Sets & Costumes

    total $1,653 · program services $1,653 · management and general $0 · fundraising $0

  • 24c · Other expenses: Teaching Artist Training

    total $10,020 · program services $3,919 · management and general $6,101 · fundraising $0

  • 24d · Other expenses: Repairs & Maintenance

    total $6,990 · program services $2,664 · management and general $4,326 · fundraising $0

  • 24e · All other expenses

    total $9,778 · program services $3,692 · management and general $5,894 · fundraising $192

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $127,863 · end of year $14,365

  • 2 · Savings and temporary cash investments

    end of year $137,753

  • 4 · Accounts receivable

    end of year $12,300

  • 15 · Other assets

    end of year $8,216

  • 17 · Accounts payable and accrued expenses

    end of year $14,363

  • 19 · Deferred revenue

    end of year $158,696

  • 27 · Net assets without donor restrictions

    beginning of year $127,863 · end of year -$425

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

The Audacity Performing Arts Project, Inc. engages Silicon Valley, Title 1 schools in all aspects of inclusion-based theater productions and artistic programming. In collaborative partnerships with school districts, teaching artists and students, Audacity explores the performing arts at the intersection of technology. Through accessible, quality arts education and experiences, students devise their own path to personal empowerment, self discovery and higher education.

  • In School Arts Education at Franklin McKinley School District. Audacity taught dance, music, theatre, visual arts and podcasting.

    Expenses $135,692 · Revenue $213,104

  • Summer programs for Franklin McKinley and Campbell school districts. audacity taught music, visual arts, theater, dance.

    Expenses $27,749 · Revenue $39,462

  • after school theater program at Sherman Oaks and Kennedy Elementary

    Expenses $19,526 · Revenue $19,000

  • Various small arts and arts education programs

    Expenses $102,373 · Revenue $42,115

As filed on the 2022 return.

Listed in Part VII

  • Rosalinda Sanchez

    Executive Director

    Total calculated
    $87,000
    From this org
    $87,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $87,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $87,000

  • Louis Stone-Collonge

    Development Director

    Total calculated
    $36,000
    From this org
    $36,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $36,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $36,000

  • Valerie Wallace

    Board President

    Total calculated
    $0
    Hours/week
    0

  • Blanca Sanchez-Cruz

    Board Secretary

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
31 December 2024
IRS schema version
2022v5.0
Source object
202540839349300304

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