Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
Down$196,633
Down $277,383 (-59%) from 2011
Net Assets
Down$61,543
Down $347,429 (-85%) from 2011
Liabilities
Up$135,090
Up $70,046 (+108%) from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$1,307,488
Up $434,760 (+50%) from 2011
Net Income
-
No earlier filing loaded for comparison.
Committed to the production of experimental exhibitions, public arts initiatives, and publications with emerging and established local, national, and international artists, laxart produces newly commissioned site and specific projects in collaboration with leading artists, architects, and designers.
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReview | 0 | 0 |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 32320 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 68282 |
| IRS990/AccountsReceivable/BOY | 0 | 47618 |
| IRS990/AccountsReceivable/EOY | 0 | 62781 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/Activity2/Description | 0 | PUBLIC ART AND OFFSITE INITIATIVES: MEG CRANSTON, ROY DOWELL, SLANGUAGE, NICOLE MILLER, AND CAYETANO FERRER UNDER THE RUBRIC OF THE BIENNIAL - LA><ART PUBLIC ART PROGRAM COMPLEMENTED THE EXHIBITION ACTIVITY BY BRINGING ART WORK TO THE STREET AND FOCUSING ON NEW ART FOR NEW AUDIENCES WHICH IS FUNDAMENTAL TO ITS MISSION. NEW MURALS WITH SLANGUAGE AND SANYA KANTAROVSKY (2 HIGHLY VISIBLE AND PRESS WORTHY PROJECTS) WERE ALSO PRODUCED AGAIN BRINGING CONTEMPORARY ART OUTSIDE OF THE CONFINES OF THE GALLERY TO BUILD NEW PUBLICS. |
| IRS990/Activity2/Expense | 0 | 30223 |
| IRS990/Activity3/Description | 0 | PARTNERSHIPS: LA><ART GAINED INCREDIBLE AND NEW VISABILITY AND AUDIENCES THROUGH THESE LARGER PARTNERSHIPS. THROUGH THE MARKETING AND PR TEAMS OF THE GETTY AND THE HAMMER, LA><ART'S COLLABORATING ARTISTS AND CURATORS WERE GIVEN A HIGHER DEGREE OF VISIBILITY IN THE LOCAL COMMUNITY AND THE FIELD AT LARGE. |
| IRS990/Activity3/Expense | 0 | 747897 |
| IRS990/Activity3/Grants | 0 | 152000 |
| IRS990/Activity3/Revenue | 0 | 145000 |
| IRS990/ActivityOrMissionDescription | 0 | LA><ART IS THE LEADING NONPROFIT CONTEMPORARY ART SPACE IN LOS ANGELES COMMITTED TO THE PRODUCTION OF EXPERIMENTAL EXHIBITIONS, PUBLIC ARTS INITIATIVES, AND PUBLICATIONS WITH EMERGING AND ESTABLISHED LOCAL, NATIONAL, AND INTERNATIONAL ARTISTS. LA><ART PRODUCES NEWLY COMMISSIONED SITE SPECIFIC PROJECTS IN COLLABORATION WITH LEADING ARTISTS, ARCHITECTS, AND DESIGNERS PRODUCING NEW WORK FOR NEW AUDIENCES. |
| IRS990/ActivityOther/Description | 0 | THERE WERE A NUMBER OF OTHER SMALLER PROJECTS INCLUDING L'ART PUBLICATIONS. |
| IRS990/ActivityOther/Revenue | 0 | 7487 |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 2640 S LA CIENEGA BLVD |
| IRS990/AddressPrincipalOfficerUS/City | 0 | LOS ANGELES |
| IRS990/AddressPrincipalOfficerUS/State | 0 | CA |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 90034 |
| IRS990/Advertising/ManagementAndGeneral | 0 | 8311 |
| IRS990/Advertising/ProgramServices | 0 | 25508 |
| IRS990/Advertising/Total | 0 | 33819 |
| IRS990/AllOtherContributions | 0 | 548259 |
| IRS990/AllOtherExpenses/Fundraising | 0 | 1713 |
| IRS990/AllOtherExpenses/ManagementAndGeneral | 0 | 24978 |
| IRS990/AllOtherExpenses/ProgramServices | 0 | 13336 |
| IRS990/AllOtherExpenses/Total | 0 | 40027 |
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| IRS990/CashNonInterestBearing/BOY | 0 | 120232 |
| IRS990/CashNonInterestBearing/EOY | 0 | 52657 |
| IRS990/ChangesToOrganizingDocs | 0 | 0 |
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| IRS990/CollectionsOfArt | 0 | 0 |
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| IRS990/CompCurrentOfficersDirectors/Total | 0 | 99619 |
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| IRS990/ConferencesMeetings/ManagementAndGeneral | 0 | 56570 |
| IRS990/ConferencesMeetings/ProgramServices | 0 | 6620 |
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| IRS990/CreditCounseling | 0 | 0 |
| IRS990/DecisionsSubjectToApproval | 0 | 0 |
| IRS990/DeductibleContributionsOfArt | 0 | 0 |
| IRS990/DeductibleNonCashContributions | 0 | 0 |
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| IRS990/Description | 0 | ART EXHIBITIONS: LA><ART WAS INVITED TO CO-PRODUCE A MAJOR PERFORMANCE AND PUBLIC ART FESTIVAL IN CONJUNCTION WITH THE GETTY ON THE OCCASION OF PACIFIC STANDARD TIME - A MAJOR INITIATIVE BY THE GETTY FOUNDATION AND GETTY INSTITUTE TO SUPPORT POST-WAR ART HISTORY PARTICULAR TO THE REGION OF SOUTHERN CALIFORNIA, MOBILIZING EVERY ARTS ORGANIZATION AND INSTITUTION TO PRODUCE PROJECTS UNDER THE UMBRELLA OF PACIFIC STANDARD TIME. THE FESTIVAL FEATURED IMPORTANT WORKS AND RESTAGINGS BY ESTABLISHED AND UNDER-RECOGNIZED LOCAL ARTISTS. LA><ART SUPPORTED PROJECTS SUCH AS AN ELEANOR ANTIN THEATRICAL PERFORMANCE FROM THE 1970'S THAT LA><ART RESTAGED AT THE BILLY WILDER THEATER AT THE HAMMER MUSEUM WITH SUPPORT FROM THE GETTY, A PLAY BY WILLIAM LEAVITT FROM THE 1970'S THAT HAD NEVER BEEN REALIZED, AND A MAJOR ONGOING PROGRAM OF PERFORMANCES AND TALKS ORGANIZED BY LIZ GLYNN CALLED BLACK BOX WHICH WAS A GATHERING SPACE FOR EXPERIMENTAL PERFORMAMCE ACTIVITIES THROUGHOUT THE COURSE OF THE FESTIVAL.THE HISTORY OF POSTWAR ART IN LOS ANGELES IS PUNCTUATED BY DRAMATIC EXAMPLES OF PUBLIC ARTWORKS, LARGE SCALE SPECTACLES, EXPANSIVE PERFORMANCES, AND SMALL SCALE INTERVENTIONS IN THE PUBLIC SPHERE. THE PACIFIC STANDARD TIME PERFORMANCE AND PUBLIC ART FESTIVAL CELEBRATED THIS HISTORY THROUGH A CONTEMPORARY LENS, WITH A SERIES OF ADAPTATIONS, RE-INVENTIONS, AND COMMISSIONS INSPIRED BY THE INSTALLATION AND PERFORMANCE ARTISTS WORKING IN LOS ANGELES BETWEEN 1945 AND 1980.THROUGHOUT THE 11 DAY FESTIVAL, A GROUP OF NEW PUBLIC ARTWORKS WERE ON VIEW THROUGHOUT THE CITY. IN ADDITION, NEW PERFORMANCES PREMIERED EACH DAY, INCLUDING OUTDOOR VISUAL SPECTACLES, EXPERIMENTAL THEATER AND SOUND ART, SOCIAL AND POLITICAL INTERVENTIONS, AND MEDIA ART. A NIGHTLY EVENT, BLACK BOX, PROVIDED A SPACE FOR SURPRISE PERFORMANCES EACH EVENING.THE FESTIVAL WAS PRESENTED AS PART OF PACIFIC STANDARD TIME: ART IN L.A. 1945-80, AN UNPRECEDENTED COLLABORATION OF CULTURAL INSTITUTIONS ACROSS SOUTHERN CALIFORNIA COMING TOGETHER TO CELEBRATE THE BIRTH OF THE L.A. ART SCENE. AS THE FESTIVAL MOVED THROUGHOUT THE CITY, VISITORS WERE ALSO SURROUNDED BY DOZENS OF GROUNDBREAKING EXHIBITIONS ABOUT THE HISTORY OF ART IN SOURTHERN CALIFORNIA. ALSO IN 2012 LA><ART COPRODUCED THE FIRST LOS ANGELES BIENNIAL WITH OVER 60 LOS ANGELES EMERGING AND ESTABLISHED ARTISTS - OUR LARGEST, MOST AMBITIOUS INITIATIVE AND PARTNERSHIP TO DATE. THE EXHIBITION WAS COMPLIMENTED BY AN ONGOING SERIES OF PERFORMANCES AT THREE LOCATIONS: THE HAMMER MUSEUM, LA><ART AND BARNSDALL ART CENTER, INCLUSIVE OF INTERVENTIONS BY ARTISTS SUCH AS SIMONE FORTI, MATH BASS, MARK HAGEN AND SCOTT BENZEL, AND SLANGUAGE. THE DENSITY OF LA><ART'S PROGRAMMATIC ACTIVITY UNDER THE RUBRIC OF THE BIENNIAL IS UNPRECEDENTED.THE FIRST LOS ANGELES BIENNIAL, MADE IN L.A. 2012, ORGANIZED BY THE HAMMER MUSEUM IM COLLABORATION WITH LA><ART, WILL BE PRESENTED AT THE HAMMER, LA><ART, AND THE DEPARTMENT OF CULTURAL AFFAIRS' LOS ANGELES MUNICIPAL ART GALLERY AT BARNSDALL PARK. THE EXHIBITION WILL FEATURE WORKS BY 60 ARTISTS FROM THE L.A. REGION, WITH AN EMPHASIS ON EMERGING AND UNDER-RECOGNIZED ARTISTS, AND WILL DEBUT NEW INSTALLATIONS, VIDEOS, FILMS, SCULPTURES, PERFORMANCES AND PAINTINGS PRODUCED FOR BIENNIAL. THIS EXHIBITION WILL OFFER A SNAPSHOT OF THE CURRENT TRENDS AND PRACTICES COMING OUT OF LOS ANGELES, ONE OF THE MOST ACTIVE AND ENERGETIC ART COMMUNITIES WORLDWIDE. THE BIENNIAL IS ORGANIZED BY A TEAM OF CURATORS FROM BOTH INSTITUTIONS. |
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| IRS990/FeesForServicesAccounting/Total | 0 | 46966 |
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| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 19 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 20 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 21 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 22 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 23 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 24 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 25 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 26 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 27 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 28 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 29 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 30 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 31 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 1 | DIRECTOR/CURATOR |
| IRS990/Form990PartVIISectionA/Title | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 5 | VICE CHAIRMAN |
| IRS990/Form990PartVIISectionA/Title | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 8 | CHAIRMAN |
| IRS990/Form990PartVIISectionA/Title | 9 | CHAIRMAN |
| IRS990/Form990PartVIISectionA/Title | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 11 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 12 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 13 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 14 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 15 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 16 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 17 | VICE CHAIRMAN |
| IRS990/Form990PartVIISectionA/Title | 18 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 19 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 20 | TREASURER |
| IRS990/Form990PartVIISectionA/Title | 21 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 22 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 23 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 24 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 25 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 26 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 27 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 28 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 29 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 30 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 31 | SECRETARY |
| IRS990/Form990ProvidedToGoverningBody | 0 | 1 |
| IRS990/FormersListed | 0 | 0 |
| IRS990/FSAudited | 0 | 0 |
| IRS990/FundraisingActivities | 0 | 1 |
| IRS990/FundraisingDirectExpenses | 0 | 37144 |
| IRS990/FundraisingEvents | 0 | 21560 |
| IRS990/FundsToPayPremiums | 0 | 0 |
| IRS990/Gaming | 0 | 0 |
| IRS990/GovernmentGrants | 0 | 129900 |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 152000 |
| IRS990/GrantsAndSimilarAmntsPriorYear | 0 | 102500 |
| IRS990/GrantsToDomesticIndividuals/ProgramServices | 0 | 22500 |
| IRS990/GrantsToDomesticIndividuals/Total | 0 | 22500 |
| IRS990/GrantsToDomesticOrgs/ProgramServices | 0 | 129500 |
| IRS990/GrantsToDomesticOrgs/Total | 0 | 129500 |
| IRS990/GrantsToIndividuals | 0 | 1 |
| IRS990/GrantsToOrganizations | 0 | 1 |
| IRS990/GrantToRelatedPerson | 0 | 0 |
| IRS990/GrossIncomeFundraisingEvents | 0 | 93349 |
| IRS990/GrossReceipts | 0 | 997203 |
| IRS990/GroupReturnForAffiliates | 0 | 0 |
| IRS990/Hospital | 0 | 0 |
| IRS990/IndependentAuditFinancialStmt | 0 | 0 |
| IRS990/IndoorTanningServices | 0 | 0 |
| IRS990/InfoInScheduleOPartIII | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InformationTechnology/ManagementAndGeneral | 0 | 7822 |
| IRS990/InformationTechnology/Total | 0 | 7822 |
| IRS990/Insurance/Fundraising | 0 | 906 |
| IRS990/Insurance/ManagementAndGeneral | 0 | 3849 |
| IRS990/Insurance/ProgramServices | 0 | 16723 |
| IRS990/Insurance/Total | 0 | 21478 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 106 |
| IRS990/InvestmentIncome/ExclusionAmount | 0 | 106 |
| IRS990/InvestmentIncomePriorYear | 0 | 176 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 106 |
| IRS990/InvestmentInJointVenture | 0 | 0 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 52945 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 119074 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 69685 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 66129 |
| IRS990/LoanToOfficerOrDQP | 0 | 1 |
| IRS990/LobbyingActivities | 0 | 0 |
| IRS990/LocalChapters | 0 | 0 |
| IRS990/MaterialDiversionOrMisuse | 0 | 0 |
| IRS990/MembersOrStockholders | 0 | 0 |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | 1 |
| IRS990/MinutesOfGoverningBody | 0 | 1 |
| IRS990/MissionDescription | 0 | LA><ART IS THE LEADING NONPROFIT CONTEMPORARY ART SPACE IN LOS ANGELES COMMITTED TO THE PRODUCTION OF EXPERIMENTAL EXHIBITIONS, PUBLIC ARTS INITIATIVES, AND PUBLICATIONS WITH EMERGING AND ESTABLISHED LOCAL, NATIONAL, AND INTERNATIONAL ARTISTS. LA><ART PRODUCES NEWLY COMMISSIONED SITE SPECIFIC PROJECTS IN COLLABORATION WITH LEADING ARTISTS, ARCHITECTS, AND DESIGNERS PRODUCING NEW WORK FOR NEW AUDIENCES. |
| IRS990/MoreThan5000KToIndividuals | 0 | 0 |
| IRS990/MoreThan5000KToOrganizations | 0 | 0 |
| IRS990/NameOfPrincipalOfficerPerson | 0 | CHRISTOPHER YIN |
| IRS990/NbrIndependentVotingMembers | 0 | 30 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 32 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 32 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 408972 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 61543 |
| IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount | 0 | 56205 |
| IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn | 0 | 56205 |
| IRS990/NetUnrelatedBusinessTxblIncome | 0 | 0 |
| IRS990/NoncashContributions | 0 | 2285 |
| IRS990/NonDeductibleContributions | 0 | 0 |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 51 |
| IRS990/NumberIndependentVotingMembers | 0 | 30 |
| IRS990/NumberIndividualsGT100K | 0 | 0 |
| IRS990/NumberOf8282Filed | 0 | 0 |
| IRS990/NumberOfContractorsGT100K | 0 | 0 |
| IRS990/NumberOfEmployees | 0 | 9 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/ManagementAndGeneral | 0 | 7794 |
| IRS990/Occupancy/ProgramServices | 0 | 31174 |
| IRS990/Occupancy/Total | 0 | 38968 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 18637 |
| IRS990/OfficeExpenses/ProgramServices | 0 | 1819 |
| IRS990/OfficeExpenses/Total | 0 | 20456 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | 0 |
| IRS990/OfficerMailingAddress | 0 | 0 |
| IRS990/Organization501c3 | 0 | X |
| IRS990/OtherAssetsTotal/BOY | 0 | 2638 |
| IRS990/OtherAssetsTotal/EOY | 0 | 6828 |
| IRS990/OtherEmployeeBenefits/ManagementAndGeneral | 0 | 107 |
| IRS990/OtherEmployeeBenefits/ProgramServices | 0 | 720 |
| IRS990/OtherEmployeeBenefits/Total | 0 | 827 |
| IRS990/OtherExpensePriorYear | 0 | 596226 |
| IRS990/OtherExpensesCurrentYear | 0 | 938748 |
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Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.