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Nonprofit · EIN 61-2075377

FORECAST FOUNDATION

Tax-exempt · LOS ANGELES, CA 90044

Financials

$48K$48K2023
Revenue Expenses · by fiscal year end
Financials of FORECAST FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$48,000$47,619$381$381$0$381
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$28,000
Program service revenue
$0
Investment income
$0
Net income from fundraising events
$20,000
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$6,180
Occupancy
$14,462
Printing, publications and postage
$956
Other expenses
$26,021
Program services (functional)
$31,416

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$381
Total liabilities, end of year
$0
Net assets, end of year
$381
Cash, savings and investments
$381
Gross receipts
$48,000

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
LaurenPresident28$0
CarmellaSecretary10$0
ArjunTreasurer3$0

Address and contacts

Address (IRS master file)
1324 W 59TH ST, LOS ANGELES, CA 90044-2808
In care of
% LAUREN AMAR
Mailing address (990-N for 2024)
1324 W 59TH STREET, LOS ANGELES CA 90044
Principal officer (990-N for 2024)
Lauren Amar, 1324 W 59th Street, Los Angeles CA 90044
Signed the 990-EZ
Carmella Amar, Secretary
Phone
(760) 403-2273

California records

California keeps its own records of charities and corporations. Search them by EIN 61-2075377 or by the name FORECAST FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

Artists Development includes individual support, one on one coaching, mentorship, workshops, residencies, portfolio development, and peer review feedback. Production support in the form of equipment and materials, a podcast introducing two artists a month, gallery space or locations, a Residency program including performances and installations, including snack food at photo shoots for example. Public events are advertised on social media to invite them to celebrate the Artists work. We were involved with The City of Venice at the Art Crawl in the Abbott Exhibition Gallery showing our Artists work on December 7, 2023. Promotions are announced as Open Calls to engage our own Artist members and also to work with us on ongoing opportunities.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • 28. "Atmosphere" publication magazine printed for the Artists and the public. 80 plus artist in the issue. Art Exhibition of artist work, public display of over 300 attendees on November 11, 2023. Cost of Program
    Expenses $23,435
  • "Artists Residency" Open Call for artists for 30 photo shoots and editorial provided including performances and Installations. 80 plus artists.
    Expenses $5,357
  • "Venice Art Crawl", City of Commerce, Venice California, The Abbott Gallery on December 7, 2023. The gallery space was for performance artists and art installations. Venice Art Crawl invited Forecast Foundation to introduce artists to the public. Over 500 visitors.
    Expenses $2,624

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
61-2075377
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Lauren Amar
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$48,000$47,619$381XML

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 61-2075377).

Questions about FORECAST FOUNDATION

What is the EIN of FORECAST FOUNDATION?
The employer identification number (EIN) of FORECAST FOUNDATION is 61-2075377.
Is FORECAST FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to FORECAST FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FORECAST FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FORECAST FOUNDATION 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 FORECAST FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of FORECAST FOUNDATION?
The 990-N for 2024 names Lauren Amar.
Who are the officers and directors of FORECAST FOUNDATION?
The 990-EZ for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does FORECAST FOUNDATION have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $48,000, expenses of $47,619 and total assets of $381 at year end.

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