Nonprofit · EIN 82-5284914
DECENTRALIZED PICTURES FOUNDATION INC
Tax-exempt · LOS ANGELES, CA 90036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $82,346 | $1,497,046 | -$1,414,700 | $394,598 | $86,098 | $308,500 |
| December 31, 2023 | 990 | $1,203,349 | $1,583,836 | -$380,487 | $1,844,613 | $121,295 | $1,723,318 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $134,820
- Program service revenue
- $520,935
- Investment income
- -$573,409
- Net gain from sales of assets
- -$574,328
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $106,853
- Compensation of officers, directors and key employees
- $103,947
- Other salaries and wages
- $49,196
- Salaries, compensation and benefits (total)
- $188,291
- Professional fundraising fees
- $0
- Legal fees
- $256,127
- Accounting fees
- $12,702
- Occupancy
- $9,500
- Travel
- $11,241
- Depreciation
- $264,509
- Program services (functional)
- $1,399,543
- Management and general (functional)
- $97,503
Balance sheet and other
- Total assets, start of year
- $1,844,613
- Total assets, end of year
- $394,598
- Total liabilities, end of year
- $86,098
- Net assets, end of year
- $308,500
- Gross receipts
- $1,462,774
- Employees
- 3
- Volunteers
- 40
- Year formed
- 2018
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEO MATCHETT | PRESIDENT/CEO Trustee or director, Officer | 40 | $103,947 |
| MICHAEL MUSANTE | SECRETARY Trustee or director, Officer | 0 | $0 |
| ROMAN COPPOLA | DIRECTOR Trustee or director | 0 | $0 |
| GIA COPPOLA | DIRECTOR Trustee or director | 0 | $0 |
| SOFIA COPPOLA | DIRECTOR Trustee or director | 0 | $0 |
| PRIMAVERA DE FILLIPPI | DIRECTOR Trustee or director | 0 | $0 |
| LIZ DESTRO | DIRECTOR Trustee or director | 0 | $0 |
| SUSIE WRENN | DIRECTOR Trustee or director | 0 | $0 |
| BART WALKER | DIRECTOR Trustee or director | 0 | $0 |
| JOHN CLIPPINGER | DIRECTOR Trustee or director | 0 | $0 |
| MICHAEL ZAKIN | DIRECTOR Trustee or director | 0 | $0 |
| GORDON WANG | TREASURER/CFO Officer | 0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEO MATCHETT | PresidentCEO Trustee or director, Officer | 40 | $149,403 |
| MICHAEL MUSANTE | Secretary Trustee or director, Officer | – | $0 |
| GORDON WANG | TreasurerCFO Officer | – | $0 |
| ROMAN COPPOLA | Director Trustee or director | – | $0 |
| GIA COPPOLA | Director Trustee or director | – | $0 |
| SOFIA COPPOLA | Director Trustee or director | – | $0 |
| PRIMAVERA DE FILIPPI | Director Trustee or director | – | $0 |
| LIZ DESTRO | Director Trustee or director | – | $0 |
| SUSIE WRENN | Director Trustee or director | – | $0 |
| BART WALKER | Director Trustee or director | – | $0 |
| JOHN CLIPPINGER | Director Trustee or director | – | $0 |
| MICHAEL ZAKIN | Director Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 5042 WILSHIRE BLVD BOX 151, LOS ANGELES, CA 90036-4305
- In care of
- % WILLIAM SCHRAMM
- Principal officer (990 for 2024)
- LEO MATCHETT, 5042 WILSHIRE BLVD BOX 151, LOS ANGELES, CA 90036
- Signed the 990
- GORDON WANG, TREASURER/CFO
- Phone
- (323) 460-4420
- 990-N for 2018 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Gordon Wang, 300 Franciscan Drive, Vallejo CA 94589. Mailing address: 916 Kearny Street, San Francisco CA 94133.
- Return prepared by
- COHEN & CO ADVISORY LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 82-5284914 or by the name DECENTRALIZED PICTURES FOUNDATION 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
PROMOTE CURATE AND FINANCE THE ARTS THRU ARTIST COMMUNITY CONSENSUS BY HOSTING A MEDIUM FOR COLLABORATION AND EXCHANGE OF INFO AND KNOWLEDGE.
Program accomplishments
- OPERATE FILM COMMUNITY WEBSITE WITH REGULAR ENHANCEMENT UPDATES AND ADDITIONAL FEATURES. ORGANIZE COMPELLING FILM FINANCING AWARDS AND MENTORSHIP OPPORTUNITIES TO SUPPORT OUTSTANDING CREATORS. BUILD A FOUNDATION FOR SCHOLARSHIPS AND AWARD PARTNERS, AIMING TO EXPAND OPPORTUNITIES. FOCUS ON GROWING THE WEBSITE'S USER BASE FOR A THRIVING COMMUNITY EXPERIENCE.Expenses $1,399,543 · grants $106,853 · revenue -$53,393
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-5284914
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A31)
- Assets (IRS master file)
- $394,598
- Income (IRS master file)
- $1,462,774
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $82,346 | $1,497,046 | $394,598 | IRS |
| 990 | December 2023 | $1,203,349 | $1,583,836 | $1,844,613 | XML |
| 990 | December 2022 | $3,699,706 | $1,264,869 | $2,256,449 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Gordon Wang Filed under this EIN, most likely by a chapter or affiliate | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 82-5284914).
Questions about DECENTRALIZED PICTURES FOUNDATION INC
- What is the EIN of DECENTRALIZED PICTURES FOUNDATION INC?
- The employer identification number (EIN) of DECENTRALIZED PICTURES FOUNDATION INC is 82-5284914.
- Is DECENTRALIZED PICTURES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to DECENTRALIZED PICTURES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DECENTRALIZED PICTURES FOUNDATION 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 DECENTRALIZED PICTURES FOUNDATION INC 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 DECENTRALIZED PICTURES FOUNDATION INC 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 DECENTRALIZED PICTURES FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names LEO MATCHETT.
- Who are the officers and directors of DECENTRALIZED PICTURES FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $103,947 (LEO MATCHETT, PRESIDENT/CEO).
- How much revenue does DECENTRALIZED PICTURES FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $82,346, expenses of $1,497,046 and total assets of $394,598 at year end.
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