2024-03-21T18:21:02-05:00 2023-06-30 272956198 CHRISTY WHITE ASSOCIATES 348 OLIVE STREET SAN DIEGO CA 92103 990 2022-07-01 820847427 ACADEMY OF MEDIA ARTS ACAD 4242538984 PO BOX 7486 BEVERLY HILLS CA 90212 DANA HAMMOND CEO 4242538984 2024-03-18 1 DANA HAMMOND 999009999 0 MARCY KEARNEY P02370487 6192708222 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X DANA HAMMOND PO BOX 7486 BEVERLY HILLS CA 90212 3339988 0 X ACADEMYOFMEDIAARTS.ORG X 2016 CA OPERATION OF A PUBLIC CHARTER SCHOOL IN LOS ANGELES, CALIFORNIA 5 5 40 5 0 0 1936397 3287937 0 0 5 41 484 52010 1936886 3339988 0 0 0 0 730162 1233970 0 0 0 857375 2945324 1587537 4179294 349349 -839306 12269253 11291824 12032366 11894243 236887 -602419 X ACADEMY OF MEDIA ARTS (AMA) IS COMMITTED TO CREATING AN ENVIRONMENT THAT MERGES SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATH (STEAM) INTO A CULTIVATING BRIDGE FOR NEW MEDIA ARTS AND RELATED AREAS OF CAREER DEVELOPMENT OPPORTUNITIES WITHIN THE DIGITAL AGE. 0 1 2614069 OPERATION OF A PUBLIC CHARTER SCHOOL AUTHORIZED BY THE LOS ANGELES UNIFIED SCHOOL DISTRICT. THE VISION OF ACADEMY OF MEDIA ARTS IS TO EXPOSE YOUTH TO REAL WORLD OPPORTUNITIES THROUGH PROJECT-BASED LEARNING BY PROVIDING EDUCATIONAL AND CAREER DEVELOPMENT TOOLS. MORE SPECIFICALLY, THE INHERENT TALENT, POTENTIAL, AND ENTHUSIASM OF OUR YOUTH WILL BE NURTURED THROUGH THE INFUSION OF NEW MEDIA ARTS AND COMMON CORE STATE STANDARDS-BASED EDUCATION THAT INCLUDES THE KEY SUBJECT AREAS OF SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATH, SERVING AS A VEHICLE TO GREATER SUCCESS IN LIFE. 2614069 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 18 0 1 40 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 4242538984 PO BOX 7486 BEVERLY HILLS CA 90212 JOHN WHITE PRESIDENT 1.00 X 0 0 0 CHELSEA STAEBELL VP/SECRETARY 1.00 X X 0 0 0 AFEEZ TIJANI TREASURER/CFO 1.00 X X 0 0 0 CAPRICE YOUNG TRUSTEE 1.00 X 0 0 0 LULA BALLTON TRUSTEE 1.00 X 0 0 0 DANA HAMMOND CHIEF EXECUTIVE OFFICE 40.00 1.00 X 92392 0 4500 92392 0 4500 0 0 0 0 SHEN ZHEN NEW WORLD I LLC 333 S FIGUEROA ST LOS ANGELES CA 90071 RENTS 220501 1 415000 2865296 7641 3287937 41 41 LIAIBLITY WRITE-OFF 900099 52010 52010 52010 3339988 0 0 52051 100000 100000 1006983 687612 319371 29723 29723 97264 94652 2612 54898 54898 30873 30873 185692 185692 17927 17927 10642 10642 59693 59693 1469755 945066 524689 657 657 21047 6376 14671 8619 8619 9723 9723 EDUCATIONAL CONSULTANTS 412050 371132 40918 BOOK AND SUPPLIES 350162 181986 168176 STUDENT TRANSPORTATION 219894 219894 CHARTER AUTHORIZER FEES 93692 76971 16721 4179294 2614069 1565225 0 88502 54517 0 0 220431 188238 0 0 25674 13324 0 12350 11960320 11036719 12269253 11291824 203254 544142 71962 0 55431 36951 11701719 11313150 12032366 11894243 X 236209 -602419 678 0 236887 -602419 12269253 11291824 -839306 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25674 13324 12350 12350 DEPOSITS 249101 RIGHT-OF-USE ASSET 10787618 11036719 OPERATING LEASE LIABILITY 11313150 11313150 X 3339988 0 3339988 0 3339988 4179294 0 4179294 0 4179294 PART X, LINE 2: MANAGEMENT BELIEVES ALL OF ITS SIGNIFICANT TAX POSITIONS WOULD BE UPHELD UNDER EXAMINATION; THEREFORE, NO PROVISION FOR INCOME TAX HAS BEEN RECORDED. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY IS MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND WITHIN THE CHARTER PETITION AND ALL ENROLLMENT DOCUMENTATION FOR THE SCHOOL. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED GOVERNMENTAL FUNDING FROM THE CALIFORNIA DEPARTMENT OF EDUCATION AND LOS ANGELES UNIFIED SCHOOL DISTRICT AS PART OF ITS OPERATION OF A PUBLIC CHARTER SCHOOL. FORM 990, PART III, LINE 3 THE ORGANIZATION OPERATED A PUBLIC CHARTER SCHOOL DURING THE 2022-23 FISCAL YEAR; HOWEVER, THE PUBLIC SCHOOL CLOSED EFFECTIVE JUNE 30, 2023. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PREPARED BY A CPA FIRM. THE DRAFT IS REVIEWED AND APPROVED BY THE CEO AND THE BUSINESS ADVISOR BEFORE FILING. A FINAL COPY OF THE FORM 990 IS PROVIDED THE BOARD AT A PUBLIC BOARD MEETING FOR ACCEPTANCE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD AND CEO ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY AND DISCLOSES ANY ECONOMIC INTERESTS, IF ANY ARE DEEMED REPORTABLE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND APPROVES ALL COMPENSATION FOR THE CEO. COMPENSATION IS CONFIRMED WITH A WRITTEN EMPLOYMENT AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. ACADEMY OF MEDIA ARTS FOUNDATION PO BOX 7486 BEVERLY HILLS CA 90212 843096607 CA 501(C)(3) LINE 12B, II 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 ACADEMY OF MEDIA ARTS FOUNDATION C 415000 CASH