Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Gallery Association of Los Angeles
EIN 85-1979554 • 501(c)6 • Los Angeles, CA
Profile
Gallery association los angeles (gala), a delaware non-stock corporation, tax-exempt under internal revenue code section 501(c)(6), is a coalition of over 80 los angeles galleries that joined together during the covid-19 pandemic for the purposes of advancing the business interests of art gallery owners and promoting engagement with the local and international art audience.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.47x
Liabilities / Revenue
76th percentile
Higher debt load relative to revenue than 76% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 40.3% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Balance Sheet
Assets
Down$14,967
Down $55,329 (-79%) from 2023
Liabilities
Flat$7,007
Flat from 2023
Net Assets
$7,960
No earlier filing loaded for comparison.
Revenue
Up$82,141
Up $32,141 (+64%) from 2023
Expenses
Up$137,469
Up $49,153 (+56%) from 2023
Net Income
Down-$55,328
Down $17,012 (-44%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $14,967
- Liabilities
- $7,007
- Net assets
- $7,960
- Revenue
- $82,141
- Expenses
- $137,469
- Net income
- -$55,328
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.15 | $0.07 | $0.08 | $0.82 | $1.37 | $0.55 |
| 2023Summary only. Only limited summary data is available for this year. | $0.70 | $0.07 | $0.50 | $0.88 | $0.38 | |
| 2022Summary only. Only limited summary data is available for this year. | $1.08 | $0.06 | $0.67 | $0.58 | $0.09 | |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jun 30, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $82,141
Mission and Program Overview
Mission
Gallery association los angeles (gala), a delaware non-stock corporation, tax-exempt under internal revenue code section 501(c)(6), is a coalition of over 80 los angeles galleries that joined together during the covid-19 pandemic for the purposes of advancing the business interests of art gallery owners and promoting engagement with the local and international art audience.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| ONLINE PLATFORM GALLERYPLATFORM.LA IS A PROJECT OF GALA FORMED TO SERVE THE ART COMMUNITY WITH WEEKLY ROTATING GALLERY VIEWING ROOMS AND ORIGINAL EDITORIAL CONTENT. | - | - |
| ONLINE PLATFORM GALLERYPLATFORM.LA IS A PROJECT OF GALA FORMED TO SERVE THE ART COMMUNITY WITH WEEKLY ROTATING GALLERY VIEWING ROOMS AND ORIGINAL EDITORIAL CONTENT. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NILS BENSON | Administrato | PT | $33,072 | - | $33,072 |
| SARAH WATSON | President/Di | - | $0 | - | - |
| DAVIDA NEMEROFF | Vice Preside | - | $0 | - | - |
| EMILIA YIN | Secretary | - | $0 | - | - |
| ERIC KIM | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Gallery Association of Los Angeles
- EIN
- 85-1979554
- Phone
- 3109809037
- Address
- 300 SOUTH GRAND AVENUE SUITE 4100, LOS ANGELES, CA 90071-3151
Signing Officer
- Name
- Eric Kim
- Title
- Treasurer
- Phone
- 3109809037
- Signed
- 2025-06-30
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Walters & Sklyar Llp
- Address
- 21031 VENTURA BLVD STE 401, WOODLAND HILLS, CA 91364
- Preparer
- James F Walters CPA
- Phone
- 8189752040
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 9,654 subscription and wire fee 434 office supplies 3,932 event insurance 872 website designing expense 69,000 other taxes 75 bank fee 322 total 84,289”
Form 990-ez, Part II, Line 26
“PAYABLES 7,007 7,007”
Form 990-ez, Part III
“Gallery association los angeles (gala), a delaware non-stock corporation, tax-exempt under internal revenue code section 501(c)(6), is a coalition of over 80 los angeles galleries that joined together during the covid-19 pandemic for the purposes of advancing the business interests of art gallery owners and promoting engagement with the local and international art audience.”
Form 990-ez, Part III, Line 31
“Online platform galleryplatform.la is a project of gala formed to serve the art community with weekly rotating gallery viewing rooms and original editorial content.”
Raw XML Appendix111 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ERIC KIM |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3109809037 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 709N HILL ST INSIDE ASIAN CENTER |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LOS ANGELES |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90012 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 70295 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 14967 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 45000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -55328 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 16208 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 70295 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 14967 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 3900 |
| IRS990EZ/GrossReceiptsAmt | 0 | 82141 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 37141 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 63288 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 7960 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 63288 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 7960 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 28.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 33072 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SARAH WATSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DAVIDA NEMEROFF |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | EMILIA YIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ERIC KIM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | NILS BENSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT/DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | ADMINISTRATO |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 84289 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | GALLERY ASSOCIATION LOS ANGELES (GALA), A DELAWARE NON-STOCK CORPORATION, TAX-EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(6), IS A COALITION OF OVER 80 LOS ANGELES GALLERIES THAT JOINED TOGETHER DURING THE COVID-19 PANDEMIC FOR THE PURPOSES OF ADVANCING THE BUSINESS INTERESTS OF ART GALLERY OWNERS AND PROMOTING ENGAGEMENT WITH THE LOCAL AND INTERNATIONAL ART AUDIENCE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ONLINE PLATFORM GALLERYPLATFORM.LA IS A PROJECT OF GALA FORMED TO SERVE THE ART COMMUNITY WITH WEEKLY ROTATING GALLERY VIEWING ROOMS AND ORIGINAL EDITORIAL CONTENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | ONLINE PLATFORM GALLERYPLATFORM.LA IS A PROJECT OF GALA FORMED TO SERVE THE ART COMMUNITY WITH WEEKLY ROTATING GALLERY VIEWING ROOMS AND ORIGINAL EDITORIAL CONTENT. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 33072 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 7007 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 7007 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 137469 |
| IRS990EZ/TotalRevenueAmt | 0 | 82141 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.GALLERYPLATFORM.LA |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 9,654 SUBSCRIPTION AND WIRE FEE 434 OFFICE SUPPLIES 3,932 EVENT INSURANCE 872 WEBSITE DESIGNING EXPENSE 69,000 OTHER TAXES 75 BANK FEE 322 TOTAL 84,289 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PAYABLES 7,007 7,007 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | GALLERY ASSOCIATION LOS ANGELES (GALA), A DELAWARE NON-STOCK CORPORATION, TAX-EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(6), IS A COALITION OF OVER 80 LOS ANGELES GALLERIES THAT JOINED TOGETHER DURING THE COVID-19 PANDEMIC FOR THE PURPOSES OF ADVANCING THE BUSINESS INTERESTS OF ART GALLERY OWNERS AND PROMOTING ENGAGEMENT WITH THE LOCAL AND INTERNATIONAL ART AUDIENCE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ONLINE PLATFORM GALLERYPLATFORM.LA IS A PROJECT OF GALA FORMED TO SERVE THE ART COMMUNITY WITH WEEKLY ROTATING GALLERY VIEWING ROOMS AND ORIGINAL EDITORIAL CONTENT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ERIC KIM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3109809037 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GALLERY ASSOCIATION OF LOS ANGELES |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GALL |
| ReturnHeader/Filer/EIN | 0 | 851979554 |
| ReturnHeader/Filer/PhoneNum | 0 | 3109809037 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 300 SOUTH GRAND AVENUE SUITE 4100 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LOS ANGELES |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 900713151 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 475677171 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WALTERS & SKLYAR LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 21031 VENTURA BLVD STE 401 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WOODLAND HILLS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 91364 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8189752040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-06-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAMES F WALTERS CPA |
| ReturnHeader/ReturnTs | 0 | 2025-07-02T03:14:43-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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