2020-07-10T14:15:43-05:00 2019-06-30 812737245 LOPEZ ACCOUNTING GROUP 3500 WEST OLIVE AVENUE SUITE 680 BURBANK CA 91505 990 2018-07-01 953938009 LOS ANGELES COUNTY HIGH SCHOOL FOR THE ARTS FOUNDATION LOSA 2132257586 1149 SOUTH HILL STREET NO H100 LOS ANGELES CA 90015 VIVIAN RESCALVO BOARD CO-PRESIDENT 2132257586 2020-06-17 1 JUAN P LOPEZ CPA P01367411 8188407075 2020-06-17 199.48.122.122 2020-06-17 13:28:43 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5CCAD0EAAA3714D73F4AAE5FEA90A9933E8ECE48 2018 2021-01-29 14:40:06Z ARTS HIGH FOUNDATION JEFFREY DOLLINGER 1149 SOUTH HILL STREET NO H100 LOS ANGELES CA 90015 3497101 0 X HTTPS://WWW.LACHSAFOUNDATION.ORG/ X 1984 CA PROMOTE THE ARTS AND THE ADVANCEMENT OF YOUNG ARTISTS BY RAISING AND DISTRIBUTING FUNDS TO THE OPERATION OF A PUBLIC ARTS HIGH SCHOOL IN LOS ANGELES COUNTY. 17 17 3 17 0 0 1375583 1149384 0 0 254891 219876 0 -81656 1630474 1287604 971865 1049036 0 0 150711 185889 0 0 103994 149434 231600 1272010 1466525 358464 -178921 4770039 4673017 856655 896263 3913384 3776754 X PROMOTE THE ARTS AND THE ADVACEMENT OF YOUNG ARTISTS BY RAISING AND DISTRIBUTING FUNDS FOR THE OPERATION OF A PUBLIC ARTS HIGH SCHOOL IN LOS ANGELES COUNTY. THE FOUNDATION ADVANCES ARTS EDUCATION IN THE COMMUNITY BY CONTINUING TO BE PRIVATE FUNDING PARTER FOR THE LOS ANGELES COUNTY HIGH SCHOOL FOR THE ARTS (LACHSA). 0 0 1254127 1049036 HELP UNDERWRITE THE ARTS EDUCATION OF 600 STUDENTS IN DANCE, MUSIC, THEATRE, VISUAL ARTS, MUSICAL THEATRE AND FILM AT LOS ANGELES COUNTY HIGH SCHOOL FOR THE ARTS, A PUBLIC HIGH SCHOOL. PROGRAMS INLUDED FUNDING TEACHING ARTISTS, SUBSIDIZING THE COST OF PERFORMANCE AND ART EXHIBITIONS, TRANSPORTATION FOR FIELD TRIP TO MUSEUMS, GALLERIES, FILM PRODUCTION FACILITIES, FILM STUDIOS AND PERFORMED BY ARTISTS. ALSO PURCHASED SUPPLIES, LOANER INSTRUMENTS, MUSIC LESSONS AND AN OUTREACH PROGRAM. 1254127 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X X JEFFREY DOLLINGER 2132257586 1149 SOUTH HILL STREET NO H100 LOS ANGELES CA 90015 VIVIAN RESCALVO CO-PRESIDENT 5.00 X X 0 0 0 STELLA JEONG CO-PRESIDENT 5.00 X X 0 0 0 KATHERINE BEYDA SECRETARY 5.00 X X 0 0 0 LYNN ALVAREZ DIRECTOR 1.00 X 0 0 0 DAVID ANGELO DIRECTOR 1.00 X 0 0 0 MARK DEETJEN DIRECTOR 1.00 X 0 0 0 ELIZABETH DENNEHY DIRECTOR 1.00 X 0 0 0 MARLA GARLIN DIRECTOR 1.00 X 0 0 0 LOIS HUNTER DIRECTOR 1.00 X 0 0 0 ANNE JACOBY DIRECTOR 1.00 X 0 0 0 JOHN LAWLER DIRECTOR 1.00 X 0 0 0 KATE LEACH DIRECTOR 1.00 X 0 0 0 JOHANNA METZGER DIRECTOR 1.00 X 0 0 0 MELINDA STAHL NIX DIRECTOR 1.00 X 0 0 0 ANGELA ALVARADO ROSA DIRECTOR 1.00 X 0 0 0 CONSTANCE ST JOHN DIRECTOR 1.00 X 0 0 0 DEVRA WELTMAN HARRIS DIRECTOR 1.00 X 0 0 0 JEFFREY A DOLLINGER EXECUTIVE DIRECTOR 40.00 X 111500 0 5704 111500 0 5704 1 0 0 0 0 372425 145000 631959 6201 1149384 86791 86791 2232126 2099041 133085 133085 133085 28800 372425 110456 -81656 -81656 1287604 0 0 138220 1038786 1038786 10250 10250 124431 99544 6222 18665 43922 35139 2196 6587 5089 4071 255 763 12447 9958 622 1867 39984 39984 28179 28179 110182 26025 23493 60664 32833 14016 6432 12385 7917 6334 396 1187 1061 849 53 159 2974 2379 149 446 283 226 14 43 8187 6550 409 1228 1466525 1254127 108404 103994 15094 1794 827930 833860 313043 320750 1994 1882 6690 6690 283 0 3611695 3514731 4770039 4673017 8871 13695 827340 882568 20444 0 856655 896263 X 294924 167808 1278912 1269398 2339548 2339548 3913384 3776754 4770039 4673017 -178921 42291 0 X 0 1 X 1 0 X 588923 899793 1081373 1375583 1149384 5095056 588923 899793 1081373 1375583 1149384 5095056 532540 4562516 107028 90059 87454 100551 86791 471883 5566939 198400 0.81960 0.77510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2941831 233988 180627 2995192 2910110 304254 272533 2941831 2863522 354382 307794 2910110 2923661 53599 113738 2863522 2836901 148476 61716 2923661 0.78110 0.21890 0 0 6690 6690 0 0 X 1313716 42291 12000 54291 1259425 28179 28179 1287604 1450346 12000 12000 1438346 28179 28179 1466525 PART V, LINE 4: ONE ENDOWMENT IS EXPENDED AT THE DISCRETION OF THE BOARD. THE REMAINING ENDOWMENT CONSIST OF VARIOUS DONOR RESTRICTED FUNDS WHICH ARE USED TO SUPPORT THE PROGRAMS AND OPERATIONS OF THE ORGANIZATION. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE FOUNDATION IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE FOUNDATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX FOR INCOME FROM OPERATING ACTIVITIES NOT RELATED TO THEIR EXEMPT PURPOSE. UNRELATED BUSINESS INCOME IS TAXED BASED ON THE APPLICABLE STATUTORY FEDERAL AND STATE INCOME TAX RATES FOR FOR-PROFIT ORGANIZATIONS. THE FOUNDATION HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") SECTION 740, INCOME TAXES, WHICH CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FASB ASC 740-10 PERSCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740-10 REQUIRES THAT AN ORGANIZATION RECOGNIZE IN THE FINANCIAL STATEMENTS THE IMPACT OF THE TAX POSITION IF THAT POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. AT JUNE 30, 2019 AND FOR THE YEAR THEN ENDED, THE FOUNDATION HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS, TAX PENALTIES OR INTEREST. THE FOUNDATION'S FEDERAL FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED, AND REMAIN OPEN FOR THE YEARS ENDED JUNE 30, 2016 THROUGH 2018. THE CALIFORNIA FORMS 199, CALIFORNIA EXEMPT ORGANIZATION ANNUAL INFORMATION RETURN, IS SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD, GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED, AND REMAIN OPEN FOR THE YEARS ENDED JUNE 30, 2015 THROUGH 2018. GALA 401225 372425 28800 45870 27200 6400 30986 401225 372425 28800 45870 27200 6400 30986 110456 -81656 1 LOS ANGELES COUNTY HIGH SCHOOL FOR THE ARTS 5151 STATE UNIVERSITY DRIVE BUILDING 20 LOS ANGELES CA 90032 966000927 1034286 4500 FMV FILM EQUIPMENT ARTS EDUCATION SCHOLARSHIPS 7 10250 PART I, LINE 2: GRANTS ARE AWARDED ON THE NEEDS OF THE SCHOOL. SCHOLARSHIPS ARE AWARDED ON THE RECOMMENDATIONS OF THE LOS ANGELES COUNTY HIGH SCHOOL FOR THE ARTS FACULTY BASED ON MERIT AND FINANCIAL NEED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT. BOARD MEMBERS ARE EXPECTED TO ABSTAIN FROM DISCUSSION AND VOTING ON ANY MATTER THAT MAY BE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS APPROVED IN CLOSED SESSION BY THE BOARD AND IS BASED ON PERFORMANCE, THE FINANCIAL STATUS OF THE ORGANIZATION, AND COMPARABLE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST.