2024-11-07T21:39:13-06:00 2023-12-31 750786316 WEAVER AND TIDWELL LLP 100 W WALNUT STREET FL 7 PASADENA CA 91124 990 2023-01-01 463236161 ARTS DISTRICT LOS ANGELES ARTS 2132360907 1801 E 7TH STREET STE A LOS ANGELES CA 90021 FRANK GALLO CHAIRMAN 2132360907 2024-10-28 1 1 PRERNA JAGADA P01063809 6265850666 2023 2024-10-15 13:58:12Z FRANK GALLO 1801 E 7TH STREET STE A LOS ANGELES CA 90021 1765018 0 X WWW.ARTSDISTRICTLA.ORG X 2013 CA TO ENHANCE THE WELL BEING OF RESIDENTS, ARTISTS AND BUSINESSES IN THE COMMUNITY BY ENHANCING THE PUBLIC SPACE. 22 22 4 22 0 0 0 0 2085661 1764846 2307 172 0 0 2087968 1765018 0 0 0 0 262489 222042 0 0 0 1696706 1686848 1959195 1908890 128773 -143872 1065392 885538 229885 193903 835507 691635 THE ARTS DISTRICT LOS ANGELES IS A 501(C)(3) NONPROFIT ORGANIZATION DEVOTED TO SERVING ARTISTS, BUSINESSES AND RESIDENTS IN THE DISTRICT. OUR PRIMARY OBJECTIVE IS TO ENHANCE THE WELL BEING OF RESIDENTS, ARTISTS AND BUSINESSES IN THE COMMUNITY BY ENHANCING THE PUBLIC SPACE. 0 0 1426969 1764846 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. 1426969 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 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 8 0 4 0 0 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 0 0 0 0 1 1 0 CA X MIGUEL VARGAS 2132360907 1801 E 7TH STREET STE A LOS ANGELES CA 90021 MIGUEL VARGAS EXECUTIVE DIRECTOR 20.00 X 185000 0 0 BETH STRYKER DIRECTOR 0.50 X 0 0 0 SHEP WAINWRIGHT DIRECTOR 0.50 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 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 THOMAS WULF CHAIRMAN 1.50 X X 0 0 0 FRANK GALLO VICE CHAIRMAN 1.25 X X 0 0 0 MATT KLEIN SECRETARY 1.25 X X 0 0 0 DILIP K BHAVNANI TREASURER 1.25 X X 0 0 0 185000 0 0 1 0 1 0 PATROL SOLUTIONS LLC 1624 SANTA CLARA DRIVE CITRUS HEIGHTS CA 95610 PUBLIC SAFETY 844628 CHRYSALIS ENTERPRISES 522 S MAIN STREET LOS ANGELES CA 90014 MAINTENANCE 524248 2 ASSESSMENT REVENUE 900099 1764846 1764846 1764846 172 172 1765018 1764846 0 172 X 185000 185000 17933 17933 3067 3067 16042 16042 3873 3873 28360 28360 873161 873161 14407 14407 9374 9374 73148 3902 69246 250 250 58497 58497 12764 12764 PROGRAM - CLEAN AND SAF 565219 549906 15313 CITY FEES 30087 30087 ESTABLISHMENT SERVICES 14738 14738 DUES & SUBSCRIPTIONS 2970 2970 1908890 1426969 481921 0 152739 128017 672566 637177 6023 6023 345747 236926 159318 108821 74746 5500 1065392 885538 213556 188520 16329 5383 229885 193903 X 203905 164808 631602 526827 835507 691635 1065392 885538 -143872 0 X X 0 1 X 1 0 X X 1 CITY OF LOS ANGELES 956000735 7 1 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. 42016 5049 36967 302731 230877 71854 1000 1000 0 108821 X 1765018 0 1765018 0 1765018 1908889 -1 -1 1908890 0 1908890 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION (FASB ASC) 740 ACCOUNTING FOR UNCERTAINITY IN INCOME TAXES, WHICH PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY FOR TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN PRIOR TO RECOGNITION IN THE FINANCIAL STATEMENTS. THE STANDARD ALSO PROVIDES GUIDANCE FOR DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, AND ACCOUNTING IN INTERIM PERIODS AND DISCLOSURE. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D, AND THERFORE A PROVISION FOR INCOME TAXES IS NOT INCLUDED IN THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS AND THAT THE EXEMPT WOULD BE SUSTAINED ON EXAMINATION. THE ORGANIZATION CLASSIFIES INTEREST AND PENALTIES ON UNDERPAYMENTS OF INCOME TAX (UNRELATED BUSINESS INCOME TAX), IF ANY, AS INTEREST EXPENSE AND PENALTIES, RESPECTIVELY, BOTH OF WHICH WOULD BE INCLUDED IN GENERAL AND ADMININSTRATIVE EXPENSES. THE ORGANIZATION FILES TAX RETURNS IN THE UNITED STATES FEDERAL AND CALIFORNIA STATE JURISDICTIONS. X X 0 0 0 0 0 0 0 0 0 MIGUEL VARGAS EXECUTIVE DIRECTOR 165000 0 20000 0 0 0 0 0 0 0 185000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B 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 THE EXECUTIVE COMMITTEE OF THE ORGANIATION EVALUATES THE PERFORMANCE OF THE EXECUTIVE DIRECTOR ANNUALLY AND COMPARES THEIR SALARY TO OTHER BID DIRECTORS IN THE LOS ANGELES AREA. THE EXECUTIVE DIRECTOR EVALUATES EMPLOYEES ON AN ANNUAL BASIS AND DETERMINES COMPENSATATION RELATES BASED ON SIMILAR POSITIONS IN THE SAME INDUSTRY . FORM 990, PART VI, SECTION C, LINE 19 THE ADLA BID IS SUBJECT TO THE CALIFORNIA PUBLIC RECORDS REQUEST ACT AND THE BROWN ACT. ALL OF THE ABOVE LISTED DOCUMENTS ARE REVIEWED MONTHLY AT A PUBLIC MEETING IN THE DISTRICT AND ALL DOCUMENTS ARE MAINTAINED FOR PUBLIC REVIEW UPON REQUEST. FORM 990, PART IX, LINE 11G SECURITY OFFICERS: PROGRAM SERVICE EXPENSES 873,161. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 873,161. FORM 990, PART XII, LINE 2C: NO CHANGES TO THE AUDIT PROCEDURES HAVE OCCURRED SINCE THE PRIOR YEAR RETURN.