Nonprofit · EIN 84-4642655
LOITER GALLERIES INC
Tax-exempt · LONG BEACH, CA 90806
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $79,679 | $69,461 | $10,218 | $17,335 | – | $17,335 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $78,372
- Net income from fundraising events
- $323
- Other revenue
- $984
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $48,000
- Professional fees and payments to contractors
- $12,464
- Printing, publications and postage
- $500
- Other expenses
- $8,497
- Program services (functional)
- $22,900
Balance sheet and other
- Total assets, start of year
- $7,117
- Total assets, end of year
- $17,335
- Total liabilities, end of year
- –
- Net assets, end of year
- $17,335
- Cash, savings and investments
- $17,335
- Gross receipts
- $79,679
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Vinny picardi | President | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 2181 EUCALYPTUS AVE, LONG BEACH, CA 90806-4518
- In care of
- % VINNY PICARDI
- Mailing address (990-N for 2025)
- 2181 Eucalyptus Ave, Long Beach CA 90806
- Principal officer (990-N for 2025)
- Vincent Picardi, 2181 Eucalyptus Ave, Long Beach CA 90806
- Signed the 990-EZ
- Vinny Picardi, President
California records
California keeps its own records of charities and corporations. Search them by EIN 84-4642655 or by the name LOITER GALLERIES 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
Loiter Galleries: A non-profit outreach organization making a difference - Art is a powerful tool in the evolution of neighborhoods and cities. Our project's mission is to aid the responsible growth and progress of the city through art. That includes continuing our successful track record of supporting local disenfranchised artists especially during these challenging times. The project's purpose is two-fold: It creates temporary galleries in available vacant spaces; and it serves to support local artists and their message. This supplies myriad benefits for the property owner the city and its artists. Ultimately we will give proof to the claim that art is essential. Especially now.The project's core artist audience needs are affordable gallery showcases marketing supplies meeting space art business advice and emotional support. And we aid local property owners by converting dark vacant spaces with art and positive activity. Artists finally have a venue to display their art.
Program accomplishments
- The arts council of Long Beach and creative corps paired Loitergalleries with sculptor Larry Stokes to create a 5 week exhibition highlighting through sculptors The power of five a show dedicated to educating the public on the 5 women who boycott during the alabama bus boycotts.this was a historic event bringing in over 100 educators council members and the general public. providing a platform for elderly artists with the intent to educate the publicExpenses $21,000 · grants $7,300
- Loiter galleries a 3 day arts and culture event celebrating black exellence by celebrating black youth through art music and dance. Awards were given to highlight youth excelling in the arts .this 3 day event drew over200 in attendance .Expenses $1,000 · grants $1,000
- The middle passage was a 2 day event at loiter galleries sharing the ljourney of the middle passage slaveship honoring those who died and survived the journey of slave ships to America .The public had a chance to learn through storytelling images and dance of this incredibly important story of American history .Expenses $900 · grants $500
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 84-4642655
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A20)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Vincent Picardi | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2024 Officer: vincent picardi | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2023 | $79,679 | $69,461 | $17,335 | XML |
| 990-N for 2022 Officer: Vinny Picardi | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Vincenr Picardi | December 31, 2020 | ≤ $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 84-4642655).
Questions about LOITER GALLERIES INC
- What is the EIN of LOITER GALLERIES INC?
- The employer identification number (EIN) of LOITER GALLERIES INC is 84-4642655.
- Is LOITER GALLERIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to LOITER GALLERIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOITER GALLERIES INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LOITER GALLERIES 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 LOITER GALLERIES INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of LOITER GALLERIES INC?
- The 990-N for 2025 names Vincent Picardi.
- Who are the officers and directors of LOITER GALLERIES INC?
- The 990-EZ for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
- How much revenue does LOITER GALLERIES INC have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $79,679, expenses of $69,461 and total assets of $17,335 at year end.
Other nonprofits in LONG BEACH
- LONG BEACH SYMPHONY ASSOCIATION EIN 95-6004958 · last filed 990 for 2025
- MUSICAL THEATRE WEST EIN 95-6100108 · last filed 990 for 2024
- PUBLIC CORPORATION FOR THE ARTS OF THE CITY OF LONG BEACH EIN 95-3038398 · last filed 990 for 2025
- MUSEUM OF LATIN AMERICAN ART EIN 33-0786070 · last filed 990 for 2024
- LONG BEACH OPERA EIN 95-3387074 · last filed 990 for 2025
- LONG BEACH MUSEUM OF ART FOUNDATION EIN 95-2567271 · last filed 990 for 2025
- RANCHO LOS CERRITOS FOUNDATION EIN 33-0618231 · last filed 990 for 2024
- RANCHO LOS ALAMITOS FOUNDATION EIN 33-0083942 · last filed 990 for 2024
All nonprofits in LONG BEACH · California · Arts, culture and humanities