Nonprofit · EIN 54-2088575
AVENUE 50 STUDIO INC
Tax-exempt · LOS ANGELES, CA 90065
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $141,414 | $138,652 | $2,762 | $353,269 | – | $353,269 |
| December 31, 2024 | 990-EZ | $178,704 | $227,343 | -$48,639 | $350,507 | – | $350,507 |
| December 31, 2023 | 990 | $335,742 | $210,611 | $125,131 | $399,146 | $0 | $399,146 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $103,238
- Program service revenue
- $31,904
- Investment income
- $6,272
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,112
- Occupancy
- $57,409
- Other expenses
- $80,131
- Program services (functional)
- $127,184
Balance sheet and other
- Total assets, start of year
- $350,507
- Total assets, end of year
- $353,269
- Total liabilities, end of year
- –
- Net assets, end of year
- $353,269
- Cash, savings and investments
- $353,269
- Gross receipts
- $141,414
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN GALLEGOS | President | 40 | $0 |
| FRANCISCO FERNANDEZ | MEMBER | 0.5 | $0 |
| RAOUL DE LA SOTA | Secretary | 0.5 | $0 |
| JOHN URQUIZA | Chairman | 0.5 | $0 |
| GRACE URQUIZA | BOARD MEMBER | 0.5 | $0 |
| GRACE AMEMIYA | BOARD MEMBER | 0 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN GALLEGOS | President | 40 | $0 |
| FRANCISCO FERNANDEZ | Chairman | 0.5 | $0 |
| RAOUL DE LA SOTA | Secretary | 0.5 | $0 |
| JOHN URQUIZA | Treasurer | 0.5 | $0 |
| ROBERT SEPULVEDA | BOARD MEMBER | 0.5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN GALLEGOS | President Trustee or director | 40 | $0 |
| FRANCISCO FERNANDEZ | Chairman Trustee or director | 0.5 | $0 |
| RAOUL DE LA SOTA | Secretary Trustee or director | 0.5 | $0 |
| GERALDINE SIMMONS | Treasurer Trustee or director | 0.5 | $0 |
| SUSANNA URQUIZA | BOARD MEMBER Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 3714 N FIGUEROA ST, LOS ANGELES, CA 90065-2447
- In care of
- % KATHLEEN GALLEGOS
- Signed the 990-EZ
- KATHLEEN GALLEGOS, Treasurer
- Phone
- (323) 352-3010
- Return prepared by
- EXCEL TAX SERVICE
California records
California keeps its own records of charities and corporations. Search them by EIN 54-2088575 or by the name AVENUE 50 STUDIO INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE ORGANIZATION PROVIDES ART EDUCATION THROUGH THE EXHIBITION OF ART AND WORKSHOPS TO THE COMMUNITY OF NORTHEAST LOS ANGELES.
Program accomplishments
- ART EDUCATION THROUGH THE EXHIBITION OF ART AND WORKSHOPS.Expenses $127,184
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-2088575
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A60)
- Assets (IRS master file)
- $353,269
- Income (IRS master file)
- $141,414
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $141,414 | $138,652 | $353,269 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990-EZ | December 2024 | $178,704 | $227,343 | $350,507 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $335,742 | $210,611 | $399,146 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 54-2088575).
Questions about AVENUE 50 STUDIO INC
- What is the EIN of AVENUE 50 STUDIO INC?
- The employer identification number (EIN) of AVENUE 50 STUDIO INC is 54-2088575.
- Is AVENUE 50 STUDIO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to AVENUE 50 STUDIO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AVENUE 50 STUDIO INC 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 AVENUE 50 STUDIO INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AVENUE 50 STUDIO INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of AVENUE 50 STUDIO INC?
- The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does AVENUE 50 STUDIO INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $141,414, expenses of $138,652 and total assets of $353,269 at year end.
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