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Nonprofiteer
← 418 PROJECT

Form 990 for tax year 2023

Filed by 418 PROJECT.

Totals

Total revenue
$765,257
Total expenses
$419,167
Contributions and grants received
$669,639
Grants paid
$770
Program service revenue
$94,426
Investment income
$30
Other revenue
$1,162
Total assets, end of year
$1,279,634
Total liabilities, end of year
$3,070
Net assets or fund balances, end of year
$1,276,564
Program services expenses (Part IX)
$288,172
Management and general expenses
$107,444
Fundraising expenses
$23,551
Program service expenses (Part III)
$288,172

Program services were 68.7% 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.

  • 1e · Government grants (contributions)

    $57,753

  • 1f · All other contributions, gifts and grants

    $611,886

  • 2a · Program service revenue: REHEARSAL SPACE

    total $43,715 · related or exempt $43,715

  • 2b · Program service revenue: TICKET SALES

    total $40,201 · related or exempt $40,201

  • 2c · Program service revenue: FISCAL SPONSORSHIP

    total $10,054 · related or exempt $10,054

  • 2d · Program service revenue: EQUIPMENT RENTAL

    total $456 · related or exempt $456

  • 3 · Investment income

    total $30 · excluded $30

  • 10a · Gross sales of inventory

    $1,162

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $1,162 · related or exempt $1,162

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $270 · program services $270

  • 2 · Grants to domestic individuals

    total $500 · program services $500

  • 5 · Compensation of officers, directors and key employees

    total $51,600 · program services $15,480 · management and general $20,640 · fundraising $15,480

  • 7 · Other salaries and wages

    total $67,834 · program services $38,507 · management and general $29,327

  • 10 · Payroll taxes

    total $10,386 · program services $4,695 · management and general $4,345 · fundraising $1,346

  • 11b · Fees: legal

    total $670 · management and general $670

  • 11c · Fees: accounting

    total $23,444 · management and general $23,444

  • 11g · Fees: other

    total $46,632 · program services $41,056 · management and general $5,435 · fundraising $141

  • 12 · Advertising and promotion

    total $3,158 · program services $3,158

  • 13 · Office expenses

    total $5,413 · program services $2,262 · management and general $2,994 · fundraising $157

  • 14 · Information technology

    total $668 · program services $401 · management and general $200 · fundraising $67

  • 16 · Occupancy

    total $112,301 · program services $101,071 · management and general $11,230

  • 19 · Conferences, conventions and meetings

    total $4,437 · program services $1,515 · management and general $2,711 · fundraising $211

  • 22 · Depreciation, depletion and amortization

    total $10,512 · program services $9,461 · management and general $1,051

  • 23 · Insurance

    total $5,149 · program services $2,574 · management and general $2,098 · fundraising $477

  • 24a · Other expenses: PROGRAM EXPENSES

    total $63,134 · program services $63,134

  • 24b · Other expenses: DUES, SUBSCRIPTIONS, FE

    total $8,175 · program services $4,088 · management and general $3,270 · fundraising $817

  • 24c · Other expenses: FUNDRAISING EXPENSES

    total $4,855 · fundraising $4,855

  • 24d · Other expenses: OPERATING EXPENSES

    total $29 · management and general $29

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $257,491 · end of year $603,416

  • 9 · Prepaid expenses and deferred charges

    beginning of year $98,530 · end of year $111,727

  • 10a · Land, buildings and equipment: cost or other basis

    $45,554

  • 10b · Land, buildings and equipment: accumulated depreciation

    $19,606

  • 10c · Land, buildings and equipment, net

    beginning of year $36,460 · end of year $25,948

  • 15 · Other assets

    beginning of year $538,543 · end of year $538,543

  • 25 · Other liabilities

    beginning of year $550 · end of year $3,070

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $930,474 · end of year $1,276,564

Mission and programs · 2023

Mission

THE 418 PROJECT SUPPORTS EMERGING ARTISTS AND DIVERSE COMMUNITIES TO CREATE A MORE INCLUSIVE WORLD

Activities or mission (Part I)

SUPPORTING EMERGING ARTISTS AND DIVERSE COMMUNITIES TO CREATE A MORE INCLUSIVE WORLD

  • OUR FISCAL SPONSORSHIP PROGRAM CREATED OVER $200,000 IN FINANCIAL SUPPORT FOR LOCAL AND REGIONAL ARTISTS AND THEIR PROJECTS. THE 418 PROJECT PRODUCED 12 ORIGINAL EVENINGS OF THEATER, PROVIDING ARTISTIC DEVELOPMENT AND PAYING A CREATIVE TEAM OF 8 ARTISTS FROM DIVERSE GROUPS. WE PAID OVER 130 EMERGING ARTISTS, FUELING THE HEART OF THE SANTA CRUZ ARTS SCENE. WE KEPT THE ARTS ACCESSIBLE BY OFFERING A MULTITUDE OF FREE/BY DONATION PROGRAMMING, THUS REMOVING BARRIERS TO PARTICIPATION. WE UPGRADED OUR SPACES, IMPROVING OUR THEATER LIGHTS, SOUND SYSTEMS TO IMPROVE THE QUALITY OF OUR PRODUCTIONS.

    Expenses $288,172 · Grants $770 · Revenue $94,426

As filed on the 2023 return.

Listed in Part VII

  • Mark Schneider

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2.5

  • John Hedley

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Ann-Marie Yap

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Taj Leahy

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Beverly Molina

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Abby Pistoni

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Gregory Speed

    MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Sonja Brunner

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Stan Grindstaff

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Laura Bishop

    EXECUTIVE DIRECTOR

    Total calculated
    $51,600
    From this org
    $51,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
27 January 2025
IRS schema version
2023v6.0
Source object
202510379349302021

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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