Diamond Valley Arts Council in Hemet, California (CA)
Table of contents:
| Diamond Valley Arts Council | |
| Employer Identification Number (EIN) | 202299581 |
| Name of Organization | Diamond Valley Arts Council |
| In Care of Name | Lois Stipp |
| Address | 140 E Stetson Ave Pmb 297, Hemet, CA 92543 |
| Website | http://www.thedvac.org |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 06/2006 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2009 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $39,635 |
| Amount of Income | $81,346 |
| Form 990 Revenue Amount | $81,346 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Arts, Cultural Organizations - Multipurpose |
Non-representatives - add comments:
Amount of income in 2009: $81,346 (it was $81,346 in 2014)
| This organization: | $81,346 |
| Other organizations performing similar types of work: | $59,050 |
Assets in 2009: $39,635 (it was $39,635 in 2014)
| This organization: | $39,635 |
| Other organizations performing similar types of work: | $25,518 |
Expenses in 2014: $75,339
| This organization: | $75,339 |
| Other organizations performing similar types of work: | $51,518 |
Income to expenses ratio in 2014: 1.1
| This organization: | 1.1 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 51.6%
| Diamond Valley Arts Council: | 51.6% |
| Other organizations performing similar types of work: | 1.3% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total revenue | $81,408 | $103,049 | $93,468 | $81,346 |
| Contributions, gifts, grants, and similar amounts received | $69,673 | $9,289 | $33,184 | $41,979 |
| Program service revenue including government fees and contracts | $11,735 | $91,611 | $56,366 | $34,074 |
| Membership dues and assessments | $0 | $0 | $1,140 | $3,065 |
| Investment income | $0 | $0 | $14 | $31 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $1,019 | $1,237 | $235 |
| Gross sales of inventory, less returns and allowances | $0 | $3,135 | $1,277 | $235 |
| Less: cost of goods sold | $0 | $2,116 | $40 | $0 |
| Other revenue | $0 | $1,130 | $1,527 | $1,962 |
| Total expenses | $60,952 | $89,774 | $90,083 | $75,339 |
| Total net assets | $22,924 | $37,899 | $38,569 | $39,635 |
| Excess/Deficit for the year | $20,456 | $13,275 | $3,385 | $6,007 |
| Net assets or fund balances at beginning of year | $2,468 | $22,924 | $37,899 | $38,569 |
| Other changes in net assets or fund balances | $0 | $1,700 | $-2,715 | $-4,941 |
| Net assets or fund balances at end of year | $38,569 | $39,635 | ||
| Balance Sheets | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total assets | $22,924 | $37,899 | $38,569 | $39,635 |
| Total liabilities | $0 | $0 | $0 | $0 |
| Net assets or fund balances | $22,924 | $37,899 | $38,569 | $39,635 |
| Other Information | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | ||
| Were any significant changes made to the organizing or governing documents? | No | No | ||
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | ||
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | ||
| Amount of political expenditures, direct or indirect | $0 | $0 | ||
| Did the organization file Form 1120-POL for this year? | No | No | ||
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | ||
| Total amount involved | $0 | $0 | ||
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | ||
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | ||
| Reason for Public Charity Status (for 2014) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $272,099 |
| Subtotal | $272,099 |
| Gifts, grants, contributions, and membership fees received | $269,568 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $2,531 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $277,903 |
| Public support | $272,099 |
| Subtotal | $31 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $31 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $5,773 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Womans Art Club Of Cincinnati Foundation | 6980 Cambridge Ave, Cincinnati, OH 45227-3362 | OH | 2007-03 | $122,085 |
| 2 | The Richard Diebenkorn Foundation | 3214 College Ave, Berkeley, CA 94705-2749 | CA | 2009-04 | $11,857,750 |
| 3 | Zero1 - The Art And Technology Network | 439 S 1st St, San Jose, CA 95113-2816 | CA | 2000-09 | $8,610,358 |
| 4 | Usa Projects | 5757 Wilshire Blvd Ste 580, Los Angeles, CA 90036-3683 | CA | 2010-11 | $3,378,628 |
| 5 | The International Institute Of The Bay Area | 657 Mission St Ste 301, San Francisco, CA 94105-4113 | CA | 1953-11 | $2,321,693 |
| 6 | Yerba Buena Arts & Events | 760 Howard St, San Francisco, CA 94103-3119 | CA | 2000-08 | $1,162,383 |
| 7 | Ruskin Art Club Inc | 800 S Plymouth Blvd, Los Angeles, CA 90005 | CA | 1942-03 | $1,117,743 |
| 8 | Los Angeles Nomadic Division Land | 8033 Sunset Blvd 455, Los Angeles, CA 90046 | CA | 2009-12 | $1,013,409 |
| 9 | Modernism Week | 3111 E Tahquitz Canyon Way 110, Palm Springs, CA 92262-6956 | CA | 2010-10 | $901,491 |
| 10 | The Center For Cultural Innovation | 244 S San Pedro St Ste 401, Los Angeles, CA 90012-3860 | CA | 2002-06 | $767,978 |
| 11 | Tannery Arts Center Inc | 1050 River St Unit 118, Santa Cruz, CA 95060-1768 | CA | 2006-09 | $687,022 |
| 12 | Artlab21 Foundation | 208 Main St, El Segundo, CA 90245-3803 | CA | 2011-03 | $655,196 |
| 13 | Warnors Center For The Performingarts | 1400 Fulton St, Fresno, CA 93721-1610 | CA | 2007-03 | $620,211 |
| 14 | Haight Street Art Center | 301 Olive Hill Ln, Woodside, CA 94062-3669 | CA | 2014-07 | $554,035 |
| 15 | The African Marketplace | 3347 W 43rd St, Los Angeles, CA 90008-4521 | CA | 1994-01 | $546,728 |
| 16 | Gray Area Foundation For The Arts | 2665 Mission St, San Francisco, CA 94110-3101 | CA | 2009-09 | $537,106 |
| 17 | Mistake Room | 1811 E 20th St, Vernon, CA 90058-1035 | CA | 2014-02 | $498,870 |
| 18 | San Francisco Filipino Cultural Center | 1048 Folsom St, San Francisco, CA 94103-4024 | CA | 2005-02 | $491,026 |
| 19 | Sound Art | 2118 Wilshire Blvd Ste1170, Santa Monica, CA 90403-5704 | CA | 2002-07 | $472,625 |
| 20 | Studios On The Park Inc | Po Box 2049, Paso Robles, CA 93447 | CA | 2008-10 | $433,256 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 6,763 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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