Future Artists of Los Angeles
Nonprofit profile at a glance
- EIN
- 993019513
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Valley Village, CA, USA
- Phone
- 0000000000
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $166,242
- Expenses
- $104,346
- Assets
- $61,896
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
People named in this filing
- Duke Pierce (Direcetor)
- Deb Barker-Garcia (Director)
- Casey Vanderventer (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide low or no cost performances and workshops to the public and to professional and aspiring actors and teens Provide a space for collaboration to the same groups mentioned above
What it reported doing in 2024
Public performances and programming FY25 activity involved finding and negotiating for a performance space developing program ideas and schedules arranging space move-in dates and lease agreements and finding performance partners who will share the space for reduced or no fees LACAE moves into the space in FY26
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 100
- Sustainability: 65
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43.9%; rating input score 44
- Program expense ratio: 70%; rating input score 70
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 37.2%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 24.5%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 43.9% of revenue deployed · 70% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $73K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- Moderate — Transparency & Controls: Series expense component sum did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- High — Sustainability: Officer compensation ratio scored 14/100.