Festival of Arts of Laguna Beach is a music festivals or event based in Laguna Beach, CA that was founded in 1932. As of 2018 they had $10 million in revenue and $26 million in assets.
To promote, produce, and sponsor events and activities that encourage the appreciation, study and performance of the arts. To promote, produce, and sponsor events and activities that encourage the appreciation, study and performance of the arts.
EIN:
95-1964772
City:
State:
Metro:
Website:
Facebook:
Twitter:
Founded:
1932
Type:
501(c)(3)
NTEE:
Revenue:
$10,444,928
Assets:
$26,248,216
Employees:
463
Fiscal year end:
September
Program areas at Festival of Arts of Laguna Beach
To foster, sustain, and extend the fine art of design, dramatic arts, music and all other arts through concert, exhibits, festivals, and pagents for the general public.
Form 990s for Festival of Arts of Laguna Beach
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2018-09 | Apr 15, 2019 | 990 | View PDF |
| 2017-09 | Mar 14, 2018 | 990 | View PDF |
| 2016-09 | Jul 31, 2017 | 990 | View PDF |
| 2015-09 | Jul 18, 2016 | 990 | View PDF |
| 2014-09 | Feb 4, 2015 | 990 | View PDF |
| ...and four more Form 990 PDFs |
Financials for Festival of Arts of Laguna Beach
| Field | 2018 | 2017 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $119,960 | $119,485 | 0.4% |
| Fundraising event contributions | $38,295 | $20,000 | 91.5% |
| Related organizations | $0 | $0 | |
| Government grants (contributions) | $0 | $0 | |
| Normal grants, contributions, etc. | $670,858 | $608,984 | 10.2% |
| <em>Non-cash contributions included in above</em> | $38,295 | $20,000 | 91.5% |
| Total grants, contributions, etc. | $829,113 | $748,469 | 10.8% |
| Field | 2018 | 2017 | % Change |
|---|
| Total grants, contributions, etc. | $829,113 | $748,469 | 10.8% |
| Program services | $9,005,326 | $8,871,478 | 1.5% |
| Investment income and dividends | $107,793 | $117,668 | -8.4% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $0 | $0 | |
| Net rental income | $257,780 | $173,881 | 48.3% |
| Net gain from sale of non-inventory assets | $0 | $-22,790 | -100% |
| Net income from fundraising events | $202,262 | $247,930 | -18.4% |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $42,654 | $0 | 999% |
| Total revenues | $10,444,928 | $10,136,636 | 3.0% |
| Field | 2018 | 2017 | % Change |
|---|
| Grants to govts. and orgs. in USA | $0 | $0 | |
| Grants to individuals in USA | $0 | $0 | |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $0 | $0 | |
| Compensation not included above, to disqualified persons | $0 | $0 | |
| Non-officer salaries and wages | $4,180,777 | $0 | 999% |
| Pension/retirement accruals and contributions | $78,838 | $0 | 999% |
| Other employee benefits | $421,272 | $0 | 999% |
| Payroll taxes | $413,112 | $0 | 999% |
| Management fees | $0 | $0 | |
| Legal fees | $129,863 | $0 | 999% |
| Accounting fees | $16,250 | $0 | 999% |
| Lobbying fees | $0 | $0 | |
| Pro. fundraising fees | $0 | $0 | |
| Investment mgmt fees | $18,666 | $0 | 999% |
| Other fee-for-service | $790,579 | $0 | 999% |
| Advertising and promotion | $333,103 | $0 | 999% |
| Office expenses | $47,396 | $0 | 999% |
| Information tech. expenses | $0 | $0 | |
| Royalty expenses | $0 | $0 | |
| Occupancy | $264,852 | $259,020 | 2.3% |
| Travel | $6,657 | $0 | 999% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $1,446 | $0 | 999% |
| Interest | $288,872 | $125,524 | 130.1% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $852,237 | $227,143 | 275.2% |
| Insurance | $109,226 | $0 | 999% |
| All other expenses | $1,762,104 | $8,123,376 | -78.3% |
| Total expenses | $9,715,250 | $8,735,063 | 11.2% |
| Field | 2018 | 2017 | % Change |
|---|
| Cash (non-interest-bearing) | $14,774 | $0 | 999% |
| Savings, short-term investments, etc. | $1,608,626 | $5,193,902 | -69.0% |
| Pledges and grants receivable | $0 | $0 | |
| Accounts receivable | $39,039 | $15,797 | 147.1% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $0 | | |
| Inventories for use | $66,384 | $52,265 | 27.0% |
| Prepaid expenses and deferred charges | $19,210 | $18,611 | 3.2% |
| Buildings, equipment, etc. post-depreciation | $17,747,920 | $17,456,264 | 1.7% |
| Investments, publicly traded securities | $6,426,244 | $0 | 999% |
| Investments, other securities | $0 | $2,504,894 | -100% |
| Investments, program-related | $0 | $0 | |
| Intangible assets | $0 | $0 | |
| Other assets | $326,019 | $420,887 | -22.5% |
| Total assets | $26,248,216 | $25,662,620 | 2.3% |
| Field | 2018 | 2017 | % Change |
|---|
| Accounts payable and accrued expenses | $172,355 | $563,610 | -69.4% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $369,014 | $347,700 | 6.1% |
| Tax-exempt bond liabilities | $0 | $0 | |
| Escrow or custodial account liability | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $5,300,000 | $5,000,000 | 6% |
| Unsecured notes and loans payable to unrelated third parties | $2,000,000 | $2,500,000 | -20% |
| Other liabilities | $437,739 | $0 | 999% |
| Total liabilities | $8,279,108 | $8,411,310 | -1.6% |
| Field | 2018 | 2017 | % Change |
|---|
| Unrestricted net assets | $16,814,188 | $16,101,076 | 4.4% |
| Temporarily restricted net assets | $1,154,920 | $1,150,234 | 0.4% |
| Permanently restricted net assets | $0 | $0 | |
Vendors for Festival of Arts of Laguna Beach
| Vendor | Services | Amount paid | Date |
|---|
| MailChimp | Marketing software | | 2020-02-29 |
| █████████ | Content management system software | | 2020-02-29 |
| █████ ███ █████ ██ | Tax accounting | | 2019-04-04 |
| ████ ██ ██████ █████ | Facilities Leasing | $323,388 | 2018-09-01 |
| ████████ ██████████ ███ | Construction | $342,875 | 2018-09-01 |
| ██ █████ █████ ████████ | Printing | $130,958 | 2018-09-01 |
| ████████ ██████ █████████ ███ | Software | $201,270 | 2018-09-01 |
| ██████ ████████████ ███████ | Construction | $745,696 | 2018-09-01 |
| ...and two more vendors |
Personnel at Festival of Arts of Laguna Beach
| Name | Title | Compensation | Most recent data |
|---|
| Fredric L. Sattler | Treasurer / President | $0 | July 17, 2019 |
| Jill Harris-Sturdy | Director of Finance and Scholarship | - | Nov. 14, 2018 |
| █████████ ███████ | Marketing Director | $105,000 | Sept. 30, 2018 |
| █████ █████ | Director of Member Services and Special Events | - | Nov. 14, 2018 |
| ██████ ████████ | Director | - | July 17, 2019 |
| ███ ████████ | Secretary | $0 | July 17, 2019 |
| █████ █████ | President | $0 | July 17, 2019 |
Peer music festival and event organizations
| | Name | Type | Revenue | Location |
|---|
| 1 | Napa Valley Festival Association | 501(c)(3) | $4.6 million | Walnut Creek, CA |
| 2 | Ojai Music Festival | 501(c)(3) | $2.8 million | Ojai, CA |
| 3 | La Jolla Music Society | 501(c)(3) | $13 million | La Jolla, CA |
| 4 | Monterey Jazz Festival (MJF) | 501(c)(3) | $4.2 million | Monterey, CA |
| 5 | Bethel Music | 501(c)(3) | $12 million | Redding, CA |
| 6 | Northern California Center for the Arts | 501(c)(3) | $3.0 million | Grass Valley, CA |
| 7 | Vanguard Music and Performing Arts | 501(c)(3) | $5.5 million | Santa Clara, CA |
| 8 | Savannah Music Festival (SMF) | 501(c)(3) | $3.7 million | Savannah, GA |
| 9 | The Gilmore Keyboard Festival | 501(c)(3) | $3.7 million | Kalamazoo, MI |
| 10 | National Sawdust | 501(c)(3) | $4.4 million | Brooklyn, NY |
| 11 | Grant Park Music Festival | 501(c)(3) | $7.4 million | Chicago, IL |
| 12 | Van Cliburn Foundation | 501(c)(3) | $3.9 million | Fort Worth, TX |
| 13 | Chicago Humanities Festival (CHF) | 501(c)(3) | $4.3 million | Chicago, IL |
| 14 | Center for Asian American Media | 501(c)(3) | $2.7 million | San Francisco, CA |
| 15 | Mark Arts | 501(c)(3) | $4.0 million | Wichita, KS |
| 16 | Goggle Works | 501(c)(3) | $3.2 million | Reading, PA |
| 17 | Socrates Sculpture Park | 501(c)(3) | $2.7 million | Long Island City, NY |
| 18 | The Blue Devils (BD) | 501(c)(3) | $4.4 million | Concord, CA |
| 19 | Music Academy of the West | 501(c)(3) | $15 million | Santa Barbara, CA |
| 20 | Berkeley Music Group | 501(c)(3) | $4.1 million | Oakland, CA |
| 21 | The GRAMMY Foundation | 501(c)(3) | $2.9 million | Santa Monica, CA |
| 22 | Freight and Salvage Coffeehouse | 501(c)(3) | $7.3 million | Berkeley, CA |
| 23 | San Francisco Jazz Organization | 501(c)(3) | $16 million | San Francisco, CA |
| 24 | Musical Theatre West | 501(c)(3) | $4.2 million | Long Beach, CA |
| 25 | Sing for Hope | 501(c)(3) | $2.9 million | New York, NY |