Legends of the Sunset Strip Charity

Nonprofit profile at a glance

EIN
920352660
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025
Location
West Hollywood, CA, USA
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Commemorative Events

Reported finances

Revenue
$110,003
Expenses
$81,980
Assets
$34,023
Liabilities
$1,850

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

2 people listed

People named in this filing

  • CLAY COLLETT (Director)
  • DEVIN CAROTHERS (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote the arts and historical culture of the world famous sunset strip in west hollywood, ca, by working with the city of west hollywood to select individuals, artists and groups influential in establishing the arts and culture of thesunset strip and install plaques honoring those selections

What it reported doing in 2025

Promote the arts and historical culture of the world famous sunset strip in west hollywood, ca, by working with the city of west hollywood to select individuals, artists and groups influential in establishing the arts and culture of the sunset strip and install plaques honoring those selections

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.1%; rating input score 83
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 25.5%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 85.7% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 76.1% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 83.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $91K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.