LABC INSTITUTE: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
LABC INSTITUTE (EIN 27-1485429)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-06
IRS object ID
202601269349302510
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-06T13:02:56-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRITH-SMITH & ARCHIBALD LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16355 TOPANGA CANYON BLVDSTE 400AddressLine1Txt
CityWOODLAND HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91367ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN271485429EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LABC INSTITUTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% LAURIE ZAIFERTInCareOfNm
Business Name ControlLABCBusinessNameControlTxt
Phone3102267460PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12029 CENTURY PARK EAST SUITE 4380AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90067ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMary LesliePersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3102267460PhoneNum
Signature2026-04-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARIA KAZEMI CPAPreparerPersonNm
PTINP01345320PTIN
Phone8187741500PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMary LesliePrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12029 CENTURY PARK EAST 4380AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90067ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$436,016GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LABUSINESSCOUNCIL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionSEE PAGE 2 FOR MISSION STATEMENTActivityOrMissionDesc
Voting Members Governing Body53VotingMembersGoverningBodyCnt
Voting Members Independent53VotingMembersIndependentCnt
Total Employee9TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$712,000PYContributionsGrantsAmt
CY Contributions Grants$435,000CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$7,647PYInvestmentIncomeAmt
CY Investment Income$1,016CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$719,647PYTotalRevenueAmt
CY Total Revenue$436,016CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$481,795PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$312,051CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$30,009CYTotalFundraisingExpenseAmt
PY Other Expenses$408,512PYOtherExpensesAmt
CY Other Expenses$149,813CYOtherExpensesAmt
PY Total Expenses$890,307PYTotalExpensesAmt
CY Total Expenses$461,864CYTotalExpensesAmt
PY Revenues Less Expenses-$170,660PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$25,848CYRevenuesLessExpensesAmt
Total Assets BOY$300,261TotalAssetsBOYAmt
Total Assets EOY$274,413TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$300,261NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$274,413NetAssetsOrFundBalancesEOYAmt
MissionTHE LABC INSTITUTE IS A FORWARD-THINKING RESEARCH AND EDUCATION ORGANIZATION DEDICATED TO STRENGTHENING THE SUSTAINABLE ECONOMY OF CALIFORNIA, PARTICULARLY THE SOUTHERN CALIFORNIA REGION.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$351,231ExpenseAmt
DescMayoral Housing Transportation & Jobs Summit - an advocacy and awareness program to promote acceptable jobs - housing balance within the City of Los Angeles using opportunities around Transit Oriented Development. Sustainability Summit An advocacy and community awareness program to promote sustainable development and best practices in the city of Los Angeles in areas of affordable housing, public transportation, utilization of renewable energy, and the creation of environmentally friendly jobs.Desc
Total Program Service Expenses$351,231TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (true)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee9EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members53GoverningBodyVotingMembersCnt
Independent Voting Member53IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLAURIE ZAIFERTPersonNm
Phone3102267460PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12029 CENTURY PARK EAST SUITE 4380AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90067ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (63 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARY LESLIE
PRESIDENT40.00.0Yes (X)Yes (X)$43,136$0$0
DAVID SEARS
TREASURER5.00.0Yes (X)Yes (X)$0$0$0
Brad Cox
director0.50.0Yes (X)$0$0$0
Alan Rothenberg
VICE CHAIRMAN0.50.0Yes (X)Yes (X)$0$0$0
ANTONIO MANNING
VICE CHAIRMAN0.50.0Yes (X)Yes (X)$0$0$0
Abbassi Pouria
DIRECTOR0.50.0Yes (X)$0$0$0
John Adams
director0.50.0Yes (X)$0$0$0
Greg Ames
DIRECTOR0.50.0Yes (X)$0$0$0
Jason Barrett
DIRECTOR0.50.0Yes (X)$0$0$0
DAVID NAHAI
CHIARMAN0.50.0Yes (X)Yes (X)$0$0$0
Tom Buttgenbach
DIRECTOR0.50.0Yes (X)$0$0$0
Thomas Flintoft
DIRECTOR0.50.0Yes (X)$0$0$0
RICHARD ZIMAN
FOUNDING CHAIR0.50.0Yes (X)Yes (X)$0$0$0
Brant Dveirin
DIRECTOR0.50.0Yes (X)$0$0$0
DAN SLATER
DIRECTOR0.50.0Yes (X)$0$0$0
Garrett Gin
DIRECTOR0.50.0Yes (X)$0$0$0
Jennifer KEITH
DIRECTOR0.50.0Yes (X)$0$0$0
Stephanie Graves
DIRECTOR0.50.0Yes (X)$0$0$0
Bob Graziano
DIRECTOR0.50.0Yes (X)$0$0$0
Gene Hale
DIRECTOR0.50.0Yes (X)$0$0$0
David Hart
DIRECTOR0.50.0Yes (X)$0$0$0
Scott Hunter
DIRECTOR0.50.0Yes (X)$0$0$0
Paul Jennings
DIRECTOR0.50.0Yes (X)$0$0$0
Rob Jernigan
VICE CHAIRMAN0.50.0Yes (X)Yes (X)$0$0$0
GREGORY MCWILLIAMS
DIRECTOR0.50.0Yes (X)$0$0$0
Joanne Kozberg
DIRECTOR0.50.0Yes (X)$0$0$0
Beulah Ku
DIRECTOR0.50.0Yes (X)$0$0$0
Mia Lehrer
DIRECTOR0.50.0Yes (X)$0$0$0
Jacob Lipa
IMMEDIATE PAST CHAIR0.50.0Yes (X)Yes (X)$0$0$0
Michael Mahdesian
DIRECTOR0.50.0Yes (X)$0$0$0
Dan Margolis
DIRECTOR0.50.0Yes (X)$0$0$0
Michelle Martini
DIRECTOR0.50.0Yes (X)$0$0$0
George Mihlsten
director0.50.0Yes (X)$0$0$0
LILLIAN YAN
director0.50.0Yes (X)$0$0$0
Claudette Moody
director0.50.0Yes (X)$0$0$0
Marco Perez
director0.50.0Yes (X)$0$0$0
Jonathan Port
director0.50.0Yes (X)$0$0$0
Saundra Price
director0.50.0Yes (X)$0$0$0
Phil Recht
director0.50.0Yes (X)$0$0$0
Kirk Rose
director0.50.0Yes (X)$0$0$0
Martha Saucedo
director0.50.0Yes (X)$0$0$0
Gene Seroka
director0.50.0Yes (X)$0$0$0
Gregg Sherkin
director0.50.0Yes (X)$0$0$0
PATTI SHWAYDER
director0.50.0Yes (X)$0$0$0
Joss Tillard-Gates
CHAIR0.50.0Yes (X)Yes (X)$0$0$0
Jon Vein
director0.50.0Yes (X)$0$0$0
Brooke Walbuck
director0.50.0Yes (X)$0$0$0
Nadine Watt
chairMAN0.50.0Yes (X)Yes (X)$0$0$0
Jimar Wilson
director0.50.0Yes (X)$0$0$0
DAVID AMBROZ
director0.50.0Yes (X)$0$0$0
ZANKU ARMENIAN
director0.50.0Yes (X)$0$0$0
KASEY BURKE
director0.50.0Yes (X)$0$0$0
MATT CARPENTER
DIRECTOR0.50.0Yes (X)$0$0$0
MARIA CAMACHO
DIRECTOR0.50.0Yes (X)$0$0$0
STEPHANINE COHEN
DIRECTOR0.50.0Yes (X)$0$0$0
ARASH DAGHIGHIAN
DIRECTOR0.50.0Yes (X)$0$0$0
SAM GARRISON
DIRECTOR0.50.0Yes (X)$0$0$0
RICHARD KATZ
DIRECTOR0.50.0Yes (X)$0$0$0
JAMIE TURNER
DIRECTOR0.50.0Yes (X)$0$0$0
CHARLIE MUTTILLO
DIRECTOR0.50.0Yes (X)$0$0$0
JOSEPH NYE
DIRECTOR0.50.0Yes (X)$0$0$0
VARNER SEAMAN
DIRECTOR0.50.0Yes (X)$0$0$0
DARRELL STEINBERG
DIRECTOR0.50.0Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$43,136TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$435,000AllOtherContributionsAmt
Total Contributions$435,000TotalContributionsAmt
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,016TotalRevenueColumnAmt
Exclusion$1,016ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$436,016TotalRevenueColumnAmt
Exclusion$1,016ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$274,251TotalAmt
Program Services$235,855ProgramServicesAmt
Management And General$19,198ManagementAndGeneralAmt
Fundraising$19,198FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$12,788TotalAmt
Program Services$10,998ProgramServicesAmt
Management And General$895ManagementAndGeneralAmt
Fundraising$895FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$25,012TotalAmt
Program Services$21,510ProgramServicesAmt
Management And General$1,751ManagementAndGeneralAmt
Fundraising$1,751FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$35,500TotalAmt
Program Services$3,550ProgramServicesAmt
Management And General$28,400ManagementAndGeneralAmt
Fundraising$3,550FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,207TotalAmt
Management And General$11,207ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,400TotalAmt
Management And General$2,400ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$30,162TotalAmt
Program Services$24,130ProgramServicesAmt
Management And General$3,016ManagementAndGeneralAmt
Fundraising$3,016FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$15,389TotalAmt
Program Services$1,077ProgramServicesAmt
Management And General$13,235ManagementAndGeneralAmt
Fundraising$1,077FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,794TotalAmt
Program Services$2,794ProgramServicesAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$734TotalAmt
Program Services$734ProgramServicesAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$10,292TotalAmt
Program Services$10,292ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,884TotalAmt
Program Services$3,884ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$7,451TotalAmt
Program Services$6,407ProgramServicesAmt
Management And General$522ManagementAndGeneralAmt
Fundraising$522FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescACADEMIC RESEARCHDesc
Total$30,000TotalAmt
Program Services$30,000ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$461,864TotalAmt
Program Services$351,231ProgramServicesAmt
Management And General$80,624ManagementAndGeneralAmt
Fundraising$30,009FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$185,821BOYAmt
EOY$267,186EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$103,329BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$30,461LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$23,234LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,111BOYAmt
EOY$7,227EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$300,261BOYAmt
EOY$274,413EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$300,261BOYAmt
EOY$274,413EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$300,261BOYAmt
EOY$274,413EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$300,261BOYAmt
EOY$274,413EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$25,848ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$467,500CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$500,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$775,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$712,000CurrentTaxYearMinus1YearAmt
Current Tax Year$435,000CurrentTaxYearAmt
Total$2,889,500TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$467,500CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$500,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$775,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$712,000CurrentTaxYearMinus1YearAmt
Current Tax Year$435,000CurrentTaxYearAmt
Total$2,889,500TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,447,730SubstantialContributorsTotAmt
Public Support Total170$1,441,770PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$683CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,647CurrentTaxYearMinus1YearAmt
Current Tax Year$1,016CurrentTaxYearAmt
Total$9,346TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$2,898,846TotalSupportAmt
Public Support CY1700.49736PublicSupportCY170Pct
Public Support PY1700.49775PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
CY Minus3 Yr Endwmt FundCYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt FundCYMinus4YrEndwmtFundGrp
LandLandGrp
BuildingsBuildingsGrp

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,000OtherCostOrOtherBasisAmt
Depreciation$3,083DepreciationAmt
Book Value$1,917BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$25,461OtherCostOrOtherBasisAmt
Depreciation$20,151DepreciationAmt
Book Value$5,310BookValueAmt
FieldValueIRS element (for citing)
Other Land BuildingsOtherLandBuildingsGrp
Total Book Value Land Buildings$7,227TotalBookValueLandBuildingsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 PART VI LINE 6 GOVERNING BODY & MANAGEMENTDOES THE ORGANIZATION HAVE MEMBERS OR STOCKHOLDERS? LABC INSTITUTE HAS ONE MEMBER, LOS ANGELES BUSINESS COUNCIL (LABC), A NONPROFIT MUTUAL BENEFIT CORPORATION DESCRIBED IN SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE OF 1986 AS AMENDED.
FORM 990 PART VI LINE 7 GOVERNING BODY AND MANAGEMENTDOES THE ORGANIZATION HAVE MEMBERS WHO HAD THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY? THE ORGANIZATION HAS ONE SOLE MEMBER, LOS ANGELES BUSINESS COUNCIL, THAT HAS THE RIGHT TO VOTE ON THE ELECTION, REMOVAL AND REPLACEMENT OF DIRECTORS. LOS ANGELES BUSINESS COUNCIL HAS THE RIGHT TO APPROVE DECISIONS MADE BY THE BOARD OF DIRECTORS, INCLUDING CHANGES TO BYLAWS. The organization also has a group of advisors, who are not members, that help manage the organization.
FORM 990 PART VI LINE 11 POLICIESDESCRIBE THE PROCESS USED TO REVIEW THE FORM 990: LEADERSHIP REVIEWS TAX RETURNS, FINANCIAL REPORTS, DISCLOSURES, AND TAX RETURN FILINGS ON AN ANNUAL BASIS.
FORM 990 PART VI LINE 19 DISCLOSURETHE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND TAX FILINGS AVAILABLE TO THE PUBLIC IN THE FOLLOWING MANNER: ALL GOVERNING DOCUMENTS, TAX FILINGS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
FORM 990 PART IX LINE 11A FUNCTIONAL EXPENSESTHE MEMBER ORGANIZATION, LOS ANGELES BUSINESS COUNCIL, PROVIDES MANAGEMENT AND OFFICE SPACE FOR THE ORGANIZATION.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1LOS ANGELES BUSINESS COUNCILBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12029 CENTURY PARK EAST SUITE 4380AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90067ZIPCd
FieldValueIRS element (for citing)
EIN951366460EIN
Primary ActivitiesADVOCACYPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501(C)(6)ExemptCodeSectionTxt
Public Charity StatusSUPPORTINGPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1LOS ANGELES BUSINESS COUNCILBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeN,0TransactionTypeTxt
Involved$0InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt

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