2025-08-26T14:41:18-05:00 2024-12-31 834701972 LEWIS SHARPSTONE & CO 5850 CANOGA AVE STE 400 WOODLAND HILLS CA 91367 990 2024-01-01 463236161 ARTS DISTRICT LOS ANGELES ARTS 2132360907 1801 E 7TH STREET STE A LOS ANGELES CA 90021 FRANK GALLO CHAIRMAN 2132360907 2025-08-26 1 1 P02256953 8185701960 X 2024 2025-03-06 01:10:19Z FRANK GALLO 1801 E 7TH STREET STE A LOS ANGELES CA 90021 2190055 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. 23 23 2 23 0 0 0 25000 1764846 2127948 172 6000 0 0 1765018 2158948 0 0 0 0 222042 282873 0 0 0 1686848 1914150 1908890 2197023 -143872 -38075 885538 1531187 193903 877627 691635 653560 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 1770754 2127948 BUSINESS IMPROVEMENTS 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. 1770754 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 7 0 2 1 0 0 0 0 0 0 0 0 0 0 X 23 23 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 X YUVAL BAR-ZEMER BOARD MEMBER 0.50 0.00 X 0 0 0 PAUL HOLLIDAY BOARD MEMBER 0.50 0.00 X 0 0 0 REBECCA LIU MORALES BOARD MEMBER 0.50 0.00 X 0 0 0 MATTHEW MARQUEZ FROM 012024 BOARD MEMBER 0.50 0.00 X 0 0 0 VALERIE MITCHELL BOARD MEMBER 0.50 0.00 X 0 0 0 ADAM NORMANDIN BOARD MEMBER 0.50 0.00 X 0 0 0 CHRIS PEARSON BOARD MEMBER 0.50 0.00 X 0 0 0 LAUREN PHILLIPS BOARD MEMBER 0.50 0.00 X 0 0 0 CINDY SCHWARZSTEIN BOARD MEMBER 0.50 0.00 X 0 0 0 MICHAEL SOROUDI BOARD MEMBER 0.50 0.00 X 0 0 0 LISA VACCA BOARD MEMBER 0.50 0.00 X 0 0 0 ARAM GARIKIAN TO 012024 BOARD MEMBER 0.50 0.00 X 0 0 0 DAN ROSENFELD TO 012024 BOARD MEMBER 0.50 0.00 X 0 0 0 MATTHEW QUIAT FROM 012024 BOARD MEMBER 0.50 0.00 X 0 0 0 DENNIS KIM FROM 012024 BOARD MEMBER 0.50 0.00 X 0 0 0 DAVID GREENBERG FROM 012024 BOARD MEMBER 0.50 0.00 X 0 0 0 FRANK GALLO SEE SCH O CHAIRMAN 1.25 0.00 X X 0 0 0 BETH STRYKER SEE SCH O VICE CHAIRMAN 1.25 0.00 X X 0 0 0 MATT KLEIN SEE SCH O TREASURER 1.25 0.00 X X 0 0 0 DILIP BHAVNANI SEE SCH O SECRETARY 1.25 0.00 X X 0 0 0 POUYA ABDI BOARD MEMBER 0.50 0.00 X 0 0 0 MARK ROTHENBERG BOARD MEMBER 0.50 0.00 X 0 0 0 DAVE STAHL BOARD MEMBER 0.50 0.00 X 0 0 0 SHEP WAINWRIGHT BOARD MEMBER 0.50 0.00 X 0 0 0 THOMAS WULF SEE SCH O BOARD MEMBER 0.50 0.00 X 0 0 0 MIGUEL VARGAS EXECUTIVE DIRECTOR 40.00 0.00 X 200000 0 0 200000 0 0 1 0 1 0 PATROL SOLUTIONS 6060 SUNRISE VISTA 1500 CITRUS HEIGHTS CA 95621 PUBLIC SAFETY 939158 CHRYSALIS ENTERPRISES 522 S MAIN STREET LOS ANGELES CA 90013 MAINTENANCE 532861 2 25000 25000 ASSESSMENT REVENUE 900099 2127948 2127948 2127948 37107 31107 6000 6000 6000 2158948 2127948 0 6000 200000 2221 197779 64445 64445 18428 6143 12285 1500 1500 24351 24351 23156 23156 7382 7382 108809 5440 103369 92978 92978 1456 1456 898 898 42178 41101 1077 18422 3553 14869 SAFE LABOR EXPENSES 1006381 1006381 MAINTENANCE LABOR EXPEN 463673 463673 MATERIAL AND EQUIPMENT 83921 83921 CITY AND OTHER FEES 39045 39045 2197023 1770754 426269 0 128017 47435 637177 701962 6023 10873 367861 252528 108821 115333 650084 5500 5500 885538 1531187 188520 192248 5383 2843 26729 0 655807 193903 877627 X 164808 9863 526827 643697 691635 653560 885538 1531187 -38075 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 55491 6736 48755 312370 245792 66578 115333 RIGHT OF USE - LEASE LIABILITY 655807 655807 X 2158948 0 2158948 0 2158948 2197023 0 2197023 0 2197023 Part X, Line 2: THE ORGANIZATION IS A NONPROFIT CORPORATION ORGANIZED UNDER THE LAWS OF CALIFORNIA AND, AS SUCH, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CORRESPONDING STATE PROVISIONS. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION'S FEDERAL INCOME TAX AND INFORMATIONAL RETURNS FOR TAX YEARS ENDED DECEMBER 31, 2021, AND SUBSEQUENT REMAIN OPEN TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE RETURNS FOR CALIFORNIA, THE ORGANIZATION'S ONLY STATE TAX JURISDICTION, REMAIN OPEN TO EXAMINATION BY THE CALIFORNIA FRANCHISE TAX BOARD FOR TAX YEARS ENDED DECEMBER 31, 2020, AND SUBSEQUENT. X X 0 0 0 0 0 0 0 0 0 MIGUEL VARGAS EXECUTIVE DIRECTOR 175000 0 25000 0 0 0 0 0 0 0 200000 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 ORGANIZATION 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 COMPENSATION 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 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 VII, Line 1a: THOMAS WULF SERVED AS CHAIR AND BECAME A BOARD MEMBER IN JANUARY 2024. FRANK GALLO SERVED AS VICE CHAIR AND BECAME CHAIR IN JANUARY 2024. BETH STRYKER SERVED AS A BOARD MEMBER AND BECAME VICE CHAIR IN JANUARY 2024. MATT KLEIN SERVED AS SECRETARY AND BECAME TREASURER IN FEBRUARY 2024. DILIP BHAVNANI SERVED AS TREASURER AND BECAME SECRETARY IN FEBRUARY 2024. Form 990, Part XII, Line 2c: NO CHANGES TO THE AUDIT PROCEDURES HAVE OCCURRED SINCE THE PRIOR YEAR RETURN.