Skip to main content

Nonprofit · EIN 38-3859167

CONTEMPORARY ART GROUP

Tax-exempt · LOS ANGELES, CA 90027

Financials

$261K$235K2024
Revenue Expenses · by fiscal year end
Financials of CONTEMPORARY ART GROUP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$261,369$234,525$26,844$62,348$201,616-$139,268
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$149,470
Program service revenue
$111,899
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$75,000
Other salaries and wages
$103,383
Salaries, compensation and benefits (total)
$190,519
Professional fundraising fees
$0
Travel
$978
Program services (functional)
$225,521
Management and general (functional)
$9,004

Balance sheet and other

Total assets, start of year
$31,559
Total assets, end of year
$62,348
Total liabilities, end of year
$201,616
Net assets, end of year
-$139,268
Net assets without donor restrictions
-$139,268
Gross receipts
$261,369
Employees
3
Volunteers
0
Year formed
2015
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Forrest NashExecutive Director
Trustee or director, Officer
40$75,000
Gaylen GerberBoard Member
Trustee or director
1$0
Naomi Mori ReeseBoard Member
Trustee or director
1$0
Jeffrey RosenBoard Member
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1304 SANBORN AVE, LOS ANGELES, CA 90027-1510
In care of
% FORREST NASH
Principal officer (990 for 2024)
Forrest Nash, 1304 Sanborn Ave, Los Angeles, CA 90027
Signed the 990
Forrest Nash, Executive Director
Phone
(224) 221-5271
Return prepared by
Michele Martin & Associates AAC

Mission

To educate the public about important art and improving the public's access to it through curated programming.

990 for the year ended December 31, 2024

Program accomplishments

  • Educating the public about important art and improving the public's access to it through curated programming.
    Expenses $225,521 · revenue $111,899

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
38-3859167
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$62,348
Income (IRS master file)
$261,369

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$255,236$261,706$31,559IRS
990December 2022$211,895$295,314$35,726IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about CONTEMPORARY ART GROUP

What is the EIN of CONTEMPORARY ART GROUP?
The employer identification number (EIN) of CONTEMPORARY ART GROUP is 38-3859167.
Is CONTEMPORARY ART GROUP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to CONTEMPORARY ART GROUP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CONTEMPORARY ART GROUP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CONTEMPORARY ART GROUP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CONTEMPORARY ART GROUP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CONTEMPORARY ART GROUP?
The 990 for the year ended December 31, 2024 names Forrest Nash.
Who are the officers and directors of CONTEMPORARY ART GROUP?
The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $75,000 (Forrest Nash, Executive Director).
How much revenue does CONTEMPORARY ART GROUP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $261,369, expenses of $234,525 and total assets of $62,348 at year end.

Other nonprofits in LOS ANGELES

All nonprofits in LOS ANGELES · California · Arts, culture and humanities