2024-03-04T17:43:57-06:00 2022-12-31 750786316 WEAVER AND TIDWELL LLP 100 W WALNUT STREET FL 7 PASADENA CA 91124 990 2022-01-01 463236161 ARTS DISTRICT LOS ANGELES ARTS 2133270979 1801 E 7TH STREET STE A LOS ANGELES CA 90021 THOMAS WULF CHAIRMAN 2133270979 2024-01-23 1 THOMAS WULF 999009999 0 BEN PITZER P01618624 6265850666 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X THOMAS WULF 1801 E 7TH STREET STE A LOS ANGELES CA 90021 2087968 0 X WWW.ARTSDISTRICTLA.ORG X 2013 CA THE PURPOSE OF THE ORGANIZATION IS TO SECURE, PROMOTE AND ADVANCE BUSINESS INTERESTS GENERALLY IN THE LOS ANGELES ARTS DISTRICT AND TO ASSIST IN THE REVITALIZATION AND REDEVELOPMENT OF THE BUSINESS IMPROVEMENT DISTRICT. 22 22 3 0 0 0 0 0 1800941 2085661 248 2307 0 0 1801189 2087968 0 0 0 0 176651 262489 0 0 0 1797197 1696706 1973848 1959195 -172659 128773 748897 1065392 179139 229885 569758 835507 THE PURPOSE OF THE ORGANIZATION IS TO SECURE, PROMOTE AND ADVANCE BUSINESS INTERESTS GENERALLY IN THE LOS ANGELES ARTS DISTRICT AND TO ASSIST IN THE REVITALIZATION AND REDEVELOPMENT OF THE BUSINESS IMPROVEMENT DISTRICT. 0 0 1435237 2085661 BUSINESS IMPROVEMENT DISTRICT MANAGEMENT PLAN (MAIN PROGRAM OF THE ORGANIZATION) IS TO IMPROVE THE SAFETY, TO MAINTAIN CLEANLINESS, TO INCREASE BUILDING OCCUPANCY AND LEASE RATES, TO ENCOURAGE NEW BUSINESS DEVELOPMENT, AND TO ATTRACT ANCILLARY BUSINESSES AND SERVICES FOR PROPERTY PARCELS WITHIN THE ARTS DISTRICT OF THE CITY OF LOS ANGELES' BUSINESS IMPROVEMENT DISTRICT AREA. 1435237 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 3 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 1 0 CA X MIGUEL VARGAS 2133270979 1801 E 7TH STREET STE A LOS ANGELES CA 90021 DILIP K BHAVNANI TREASURER 1.25 X X 0 0 0 MATT KLEIN SECRETARY 1.25 X X 0 0 0 FRANK GALLO VICE CHAIRMAN 1.25 X X 0 0 0 POUYA ABDI DIRECTOR 0.50 X 0 0 0 YUVAL BAR ZEMER DIRECTOR 0.50 X 0 0 0 VALERIE MITCHELL DIRECTOR 0.50 X 0 0 0 PAUL HOLLIDAY DIRECTOR 0.50 X 0 0 0 ADAM NORMANDIN DIRECTOR 0.50 X 0 0 0 OLGA ARROYO DIRECTOR 0.50 X 0 0 0 DAN ROSENFELD DIRECTOR 0.50 X 0 0 0 JEFFREY LASKY DIRECTOR 0.50 X 0 0 0 MARK ROTHENBERG DIRECTOR 0.50 X 0 0 0 THOMAS WULF CHAIRMAN 1.50 X X 0 0 0 DAVE STAHL DIRECTOR 0.50 X 0 0 0 LAUREN PHILLIPS DIRECTOR 0.50 X 0 0 0 LISA VACCA DIRECTOR 0.50 X 0 0 0 REBECCA LIU MORALES DIRECTOR 0.50 X 0 0 0 MICHAEL SOROUDI DIRECTOR 0.50 X 0 0 0 ARAM GARIKIAN DIRECTOR 0.50 X 0 0 0 CINDY SCHWARZSTEIN DIRECTOR 0.50 X 0 0 0 BETH STRYKER DIRECTOR 0.50 X 0 0 0 SHEP WAINWRIGHT DIRECTOR 0.50 X 0 0 0 MIGUEL VARGAS EXECUTIVE DIRECTOR 20.00 X 157500 0 0 157500 0 0 1 0 1 0 PATROL SOLUTIONS LLC 6060 SUNRISE VISTA DR CITRUS HEIGHTS CA 95610 SAFETY 676743 CHRYSALIS ENTERPRISES 522 S MAIN ST LOS ANGELES CA 90014 CLEANING 551175 2 ASSESSMENT REVENUE 2085661 2085661 2085661 2307 2307 2087968 2085661 0 2307 X 244411 244411 18078 18078 31588 31588 13043 13043 10681 10681 2472 2472 5505 5505 59145 59145 14106 14106 PROGRAM - SAFE LABOR 840815 840815 PROGRAM - CLEAN AND SAF 588917 588917 LEASE EXPENSE 69549 69549 CITY FEES 30086 30086 30799 30799 1959195 1435237 523958 0 X 58302 152739 463895 672566 7913 6023 337747 178429 213287 159318 5500 74746 748897 1065392 179139 213556 16329 179139 229885 X 203905 631602 569758 835507 748897 1065392 128773 136976 0 X 1 X 0 0 0 X X 1 CITY OF LOS ANGELES 956000735 7 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X PART IV, SECTION E, LINE 1C: THE ORGANIZATION SUPPORTS THE CITY OF LOS ANGELES' ARTS DISTRICT BUSINESS IMPROVEMENT DESIGNATED AREA BY MAINTAINING THE AREA CLEANER AND SAFER FOR REVITALIZATION AND REDEVELOPMENT. 34016 4072 29944 302731 173357 129374 1000 1000 0 159318 SECURITY DEPOSIT 5500 RIGHT OF USE ASSET CURRENT PORTION 69246 74746 0 0 0 0 0 0 0 0 0 MIGUEL VARGAS EXECUTIVE DIRECTOR 157500 0 0 0 0 0 0 0 0 0 157500 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE PRESIDENT OF THE BOARD REVIEWS THE FORM 990 BEFORE SIGNING. THE BOARD WILL RECEIVE A COPY OF THE FORM 990 FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF OFFICERS OR KEY EMPLOYEES ARE REVIEWED AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS. FORM 990, PART IX STATEMENT OF FUNCTIONAL EXPENSES, LINE 7 AND 24A WE AMENDED THE RETURN TO REFLECT THE UPDATED AUDITED FINANCIAL STATEMENTS. DESCRIPTION OF ORIGINALLY FILED AMENDED AMOUNT DIFFERENCE LINE ITEMS AMOUNT OTHER SALARIES AND WAGES $239,883 $244,441 $4,528 OTHER EXPENSES - SAFE LABOR $700,815 $840,815 $140,000 FORM 990, PART X BALANCE SHEET, LINES 1, 4, 9, 17, 19, 27,28 WE AMENDED THE RETURN TO REFLECT THE UPDATED AUDITED FINANCIAL STATEMENTS. DESCRIPTION OF ORIGINALLY FILED AMENDED AMOUNT DIFFERENCE LINE ITEMS AMOUNT CASH $159,323 $152,739 $6,584 ACCOUNTS RECEIVABLE $655,326 $672,566 $17,240 PREPAID EXPENSES AND DEFERRED CHARGES $13,936 $6,023 ($7,913) ACCOUNTS PAYABLE AND ACCRUED EXPENSES $192,747 $213,556 ($20,809) DEFERRED REVENUE $ 0 $16,329 ($16,329) NET ASSETS WITHOUT DONOR RESTRICTIONS $ 0 $203,905 ($203,905) NET ASSETS WITH DONOR RESTRICTIONS $ 0 $631,601 ($631,601)