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Nonprofit · EIN 95-4427386

VENICE ARTS

Tax-exempt · MARINA DL REY, CA 90292

Financials

$1.6M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of VENICE ARTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,647,370$1,729,527-$82,157$1,449,640$563,553$886,087
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,221,666
of which government grants
$143,747
Program service revenue
$341,049
Investment income
$46,711
Net gain from sales of assets
$28,258
Net income from fundraising events
$37,944
Other revenue
$37,944

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$171,210
Other salaries and wages
$658,588
Salaries, compensation and benefits (total)
$944,667
Professional fundraising fees
$0
Accounting fees
$22,699
Occupancy
$329,870
Travel
$3,670
Depreciation
$37,646
Program services (functional)
$1,310,240
Management and general (functional)
$280,429
Fundraising (functional)
$138,858

Balance sheet and other

Total assets, start of year
$1,987,919
Total assets, end of year
$1,449,640
Total liabilities, end of year
$563,553
Net assets, end of year
$886,087
Land, buildings and equipment
$184,542
Publicly traded securities
$85,145
Net assets without donor restrictions
$886,087
Gross receipts
$1,667,558
Employees
44
Year formed
1993
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
LYNN WARSHAFSKYFounding Direct
Trustee or director
40$112,808
JAIME ZAVALAExecutive Dir.
Trustee or director, Officer
40$58,402
MICHAEL CANNONETreasurer
Trustee or director, Officer
2$0
STEVEN ORITTVice President
Trustee or director
2$0
RUTH SEROUSSI ESQPresident
Trustee or director, Officer
4$0
KAVI FULENADirector
Trustee or director
1$0
J-T LADTDirector
Trustee or director
1$0
JOHN NGUYENDirector
Trustee or director
1$0
MATT OGENSDirector
Trustee or director
1$0
BRANDON WILLIAMSDirector
Trustee or director
1$0
CLAUDIA BARTLETTDirector
Trustee or director
1$0
MOZE COPWERDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
13445 BEACH AVE, MARINA DL REY, CA 90292-5623
In care of
% LYNN WARSHAFSKY
Principal officer (990 for 2024)
JAIME ZAVALA, 13445 BEACH AVE, MARINA DEL REY, CA 90292
Signed the 990
JAIME ZAVALA, Executive Dir.
Phone
(310) 392-0846
Return prepared by
Dejene & Associates Inc

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • SEE SCHEDULE O
    Expenses $787,568
  • SEE SCHEDULE O
    Expenses $501,416
  • Gallery & Public Programs:In 2024, we were able to again offer in-person exhibitions of work by young people in our programs. We were also able to re-launch our Public Exhibitions program, by hosting professional Venice photographer Dotan Saguys exhibition entitled Dogtown: The Pups of Venice Beach and Their Humans.
    Expenses $21,256

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
95-4427386
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,449,640
Income (IRS master file)
$1,667,558

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$1,594,218$1,554,620$1,987,919IRS
990December 2022$1,692,429$1,258,167$1,761,680IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 VENICE ARTS

What is the EIN of VENICE ARTS?
The employer identification number (EIN) of VENICE ARTS is 95-4427386.
Is VENICE ARTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to VENICE ARTS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VENICE ARTS 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 VENICE ARTS 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 VENICE ARTS 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 VENICE ARTS?
The 990 for the year ended December 31, 2024 names JAIME ZAVALA.
Who are the officers and directors of VENICE ARTS?
The 990 for the year ended December 31, 2024 lists 12 people; 2 received compensation from the organization, the highest $112,808 (LYNN WARSHAFSKY, Founding Direct).
How much revenue does VENICE ARTS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,647,370, expenses of $1,729,527 and total assets of $1,449,640 at year end.

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