EIN 95-4541188

Los Angeles Sports and Entertainment Commission (LASEC)

IRS 501(c) type
501(c)(3)
Num. employees
47
Year formed
1995
Most recent tax filings
2022-06-01
NTEE code, primary
Description
The Los Angeles Sports & Entertainment Commission partners with the City of Los Angeles to bring major sporting and entertainment events to Los Angeles, like the NBA All-Star Weekend, the GRAMMY Awards, the Final Four, the Super Bowl and many others.
Total revenues
$32,023,702
2022
Total expenses
$26,808,374
2022
Total assets
$16,989,455
2022
Num. employees
47
2022

Program areas at LASEC

Lasec created the championla program to support upcoming events that positively impact the development of the region. Major events include the mlb all-star game 2022, super bowl 2022, college football playoff national championship 2023, and the 123rd u.s. open championship. Los Angeles is a host city for the 2026 fifa men's world cup.

Grants made by LASEC

GranteeGrant descriptionAmount
The Play Equity FundMobile Playground for Los Angeles Youth$375,000
Inner-City VisionsAnti-Trafficking Initiatives$100,000
University of Southern California (USC)Social Media$35,363
...and 2 more grants made

Who funds Los Angeles Sports and Entertainment Commission (LASEC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Los Angeles Tourism and Convention BoardTo Support the Championla Fund Initiative Which Is Working To Attract To Los Angeles Some of the Highest-Profile Sports and Entertainment Events in the World.$1,500,000
Wasserman FoundationChampion La$1,000,000
Kennedy Wilson Charitable FoundationGeneral Support$500,000
...and 11 more grants received

Personnel at LASEC

NameTitleCompensation
Kathryn SchloessmanPresident and Chief Executive Officer$363,795
Irene KleppChief Financial Officer$224,039
Jason KrutzschVice President Marketing , Content and Communications$170,279
Karina HeroldVice President , Major Events$175,302
Allison CitelliVice President , Business Development / Vice President , Events and Business Development / Director , Events and Business Development / Manager , Sales and Community Outreach$187,437
...and 9 more key personnel

Financials for LASEC

RevenuesFYE 06/2022
Total grants, contributions, etc.$19,199,238
Program services$8,846,027
Investment income and dividends$7,812
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$3,970,625
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$32,023,702

Form 990s for LASEC

Fiscal year endingDate received by IRSFormPDF link
2022-062023-10-13990View PDF
2021-062021-11-11990View PDF
2020-062021-04-13990View PDF
2019-062020-10-21990View PDF
2018-062019-04-15990View PDF
...and 9 more Form 990s

Organizations like LASEC

OrganizationLocationRevenue
Cook Inlet Lending CenterAnchorage, AK$14,919,049
Lawrence Economic Development Corporation (LEDC)South Point, OH$9,945,474
Southeast Ark Economic Development DistrictPine Bluff, AR$8,494,217
LiftFundSan Antonio, TX$59,155,631
Southern Minnesota Initiative Foundation (SMIF)Owatonna, MN$22,164,085
Initiative FoundationLittle Falls, MN$18,836,412
Metropolitan Entertainment and Convention Authority (MECA)Omaha, NE$136,073,148
CortexSt Louis, MO$34,866,238
Mennonite Economic Development Associates (MEDA)Lancaster, PA$14,802,817
Aleutian Pribilof Island Community Development Association (APICDA)Juneau, AK$13,959,274
Data update history
December 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 27, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
September 24, 2023
Received grants
Identified 1 new grant, including a grant for $57,200 from Western Asset Management Company Charitable Foundation
July 22, 2023
Received grants
Identified 12 new grant, including a grant for $1,500,000 from Los Angeles Tourism and Convention Board
May 5, 2023
Received grants
Identified 1 new grant, including a grant for $15,000 from Leon Lowenstein Foundation
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementSportsEconomic development
Characteristics
Fundraising eventsState / local levelReceives government fundingTax deductible donations
General information
Address
633 W Fifth St 1800
Los Angeles, CA 90071
Metro area
Los Angeles-Long Beach-Anaheim, CA
Website URL
lasec.net/ 
Phone
(213) 236-2380
Facebook page
LASports 
Twitter profile
@lasec 
IRS details
EIN
95-4541188
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Central organization
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