Totals
- Total revenue
- $1,369,194
- Total expenses
- $641,142
- Contributions and grants received
- $816,055
- Grants paid
- $0
- Program service revenue
- $536,806
- Investment income
- $3
- Other revenue
- $16,330
- Total assets, end of year
- $869,096
- Total liabilities, end of year
- $117,507
- Net assets or fund balances, end of year
- $751,589
- Program services expenses (Part IX)
- $470,425
- Management and general expenses
- $127,241
- Fundraising expenses
- $43,476
- Program service expenses (Part III)
- $470,425
Program services were 73.4% 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.
-
1b · Membership dues
$104,090
-
1f · All other contributions, gifts and grants
$711,965
-
2a · Program service revenue: Creative services
total $295,009 · related or exempt $295,009
-
2b · Program service revenue: Fiscal sponsorship
total $220,408 · related or exempt $220,408
-
2c · Program service revenue: Creative Commons
total $16,547 · related or exempt $16,547
-
2d · Program service revenue: Art and merchandise
total $4,842 · related or exempt $4,842
-
3 · Investment income
total $3 · excluded $3
-
8a · Fundraising events: gross income
$26,610
-
8b · Fundraising events: direct expenses
$5,757
-
8c · Net income from fundraising events
total $20,853 · excluded $20,853
-
11a · Other revenue: Discounts
total -$4,524 · related or exempt -$4,524
-
11b · Other revenue: Rounding
total $1 · related or exempt $1
-
11e · Other revenue, total
-$4,523
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $72,500 · program services $36,250 · management and general $25,375 · fundraising $10,875
-
7 · Other salaries and wages
total $195,449 · program services $153,554 · management and general $19,479 · fundraising $22,416
-
9 · Other employee benefits
total $24,258 · program services $19,162 · management and general $2,488 · fundraising $2,608
-
10 · Payroll taxes
total $22,916 · program services $18,562 · management and general $1,637 · fundraising $2,717
-
11a · Fees: management
total $34,731 · program services $31,310 · management and general $830 · fundraising $2,591
-
11b · Fees: legal
total $1,500 · management and general $1,500
-
11c · Fees: accounting
total $23,339 · management and general $23,339
-
11g · Fees: other
total $32,788 · program services $4,776 · management and general $28,012
-
12 · Advertising and promotion
total $5,526 · program services $3,324 · management and general $940 · fundraising $1,262
-
13 · Office expenses
total $41,426 · program services $21,587 · management and general $18,832 · fundraising $1,007
-
16 · Occupancy
total $50,842 · program services $48,295 · management and general $2,547
-
17 · Travel
total $3,256 · program services $994 · management and general $2,262
-
24a · Other expenses: Fiscal sponsorship expense
total $131,118 · program services $131,118
-
24b · Other expenses: Professional development
total $1,493 · program services $1,493
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $390,430 · end of year $781,999
-
4 · Accounts receivable
beginning of year $12,439 · end of year $73,237
-
9 · Prepaid expenses and deferred charges
beginning of year $6,558 · end of year $9,228
-
10a · Land, buildings and equipment: cost or other basis
$11,237
-
10b · Land, buildings and equipment: accumulated depreciation
$6,606
-
10c · Land, buildings and equipment, net
end of year $4,631
-
15 · Other assets
beginning of year $1 · end of year $1
-
17 · Accounts payable and accrued expenses
beginning of year $9,323 · end of year $16,762
-
19 · Deferred revenue
end of year $83,459
-
25 · Other liabilities
beginning of year $14,305 · end of year $17,286
-
27 · Net assets without donor restrictions
beginning of year $283,191 · end of year $751,589
-
28 · Net assets with donor restrictions
beginning of year $102,609
Mission and programs · 2023
Mission
Local Colors mission is to build equitable pathways for local artists and creatives to thrive. We meet our mission by facilitating equitably paid projects for artists; acquiring and developing affordable workspace for local creatives;(Continued at Schedule O, Note 07.)
-
Public Art & Creative Services engages with artists for innovative projects with creative freedom and equitable pay to produce vibrant works representative of the unique perspectives in San Jos. In 2023, we contracted 38 artists across 11 public art projects, generating 8,900 new sq ft of color and redistributing $171,642 to local Artists. The Public Art and Creative Services program will serve 45+ artists this year.
Expenses $237,994 · Revenue $295,009
-
Local Commons (Fiscal Sponsorship) fosters sustainability for local artists & organizers by leveraging our 501(c)(3) status to expand access to grant funding and other resources for self-directed creative projects. In 2023, we supported 11 projects, helping $188,032of contributed funds reach essential communities in our communities. At this time, Local Color is capable of taking on new organizers, but with increased funding support, we will grow this critical program in 2024.
Expenses $131,092 · Revenue $220,408
-
The Artists-In-Residence (AIR) program provides affordable workspaces for creatives, organizers, and groups. In 2023, we managed 23,000 sq ft of affordable artistsworkspaces, serving nearly 50 artists regularly and another 30 individuals using our spaces to organize less regularly. This year, the AIR program will expand to include a small workshop/gallery space that will serve an additional 10 artists and over 500 community members.
Expenses $84,830
-
Youth Empowerment Series (YES) provides Custom-designed, arts-based programs built to empower next-generation creative advocates. In 2023, we served over 100 youth artists in partnership with schools,community groups, and our own dedicated funding sources. In 2024, with additional funding, we will increase the capacity of this program toserve 50% more youth with hands-on creative programming
Expenses $16,509
-
Local Color Co-Labs connect Local Artists to opportunities for creatively facilitating experiences for all ages. In 2023, via tours, festival pop-ups, workshops, and more, 48 free workshops were facilitated and led by 51 paid local artists. In 2024, with additionalresources, we will match and exceed our 2023 engagement numbers.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Erin Salazar
Executive Director
- Total calculated
- $77,578
- From this org
- $72,500
- From related orgs
- $0
- Other
- $5,078
- Hours/week
- 40
-
Amelia Abramson
Director
- Total calculated
- $0
- Hours/week
- 4
-
Angie Guatemala
Director
- Total calculated
- $0
- Hours/week
- 4
-
Nicole Lecheler
Director
- Total calculated
- $0
- Hours/week
- 4
-
Shalonda Baldwin
Director
- Total calculated
- $0
- Hours/week
- 4
-
Ramiro Torres
Director
- Total calculated
- $0
- Hours/week
- 4
-
Amanda Hill
Director
- Total calculated
- $0
- Hours/week
- 4
-
Chad Johnston
Director
- Total calculated
- $0
- Hours/week
- 4
-
Manny Fernandez
Director & Treasurer
- Total calculated
- $0
- Hours/week
- 4
-
Antonio Mendoza
Director & Secretary
- Total calculated
- $0
- Hours/week
- 4
-
Lisanna Dominguez
Director & President
- Total calculated
- $0
- Hours/week
- 4
-
Samantha Hull
Vice President
- Total calculated
- $0
- Hours/week
- 4
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
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413199349302816
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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