Civic Intelligence

18Th Street Arts Complex

990 • Fiscal year 2019 • EIN 95-3825203

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 06, 2020

1639 18th StreetSanta Monica, CA 90404

(310) 453-3711

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.57x

Higher debt load relative to assets than 84% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

2.05x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

26th percentile

-5.4%

Higher net margin than 26% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

60th percentile

$82,786

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

31st percentile

-2.0%

Faster asset growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

5.8%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$3,832,396

Down $78,187 (-2.0%) from 2018

Net Assets

Down

$1,642,573

Down $57,294 (-3.4%) from 2018

Liabilities

Down

$2,189,823

Down $20,893 (-0.9%) from 2018

Revenue

Up

$1,070,437

Up $58,522 (+5.8%) from 2018

Expenses

Up

$1,127,731

Up $131,301 (+13%) from 2018

Net Income

Down

-$57,294

Down $72,779 (-470%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,108,265Liabilities 2011: $2,305,523Net Assets 2011: $1,802,7422011Assets 2012: $3,981,676Liabilities 2012: $2,230,813Net Assets 2012: $1,750,8632012Assets 2013: $3,917,165Liabilities 2013: $2,179,042Net Assets 2013: $1,738,1232013Assets 2014: $4,064,417Liabilities 2014: $2,367,917Net Assets 2014: $1,696,5002014Assets 2015: $3,952,086Liabilities 2015: $2,247,237Net Assets 2015: $1,704,8492015Assets 2016: $4,066,793Liabilities 2016: $2,338,839Net Assets 2016: $1,727,9542016Assets 2017: $3,966,108Liabilities 2017: $2,281,726Net Assets 2017: $1,684,3822017Assets 2018: $3,910,583Liabilities 2018: $2,210,716Net Assets 2018: $1,699,8672018Assets 2019: $3,832,396Liabilities 2019: $2,189,823Net Assets 2019: $1,642,5732019Assets 2020: $3,887,834Liabilities 2020: $2,235,197Net Assets 2020: $1,652,6372020Assets 2021: $4,167,234Liabilities 2021: $2,040,913Net Assets 2021: $2,126,3212021Assets 2022: $4,334,060Liabilities 2022: $2,043,427Net Assets 2022: $2,290,6332022Assets 2023: $7,751,392Liabilities 2023: $2,010,840Net Assets 2023: $5,740,5522023Assets 2024: $4,991,128Liabilities 2024: $1,935,125Net Assets 2024: $3,056,0032024Assets 2025: $4,802,189Liabilities 2025: $1,871,812Net Assets 2025: $2,930,3772025

Highlighted filing

2019

Assets$3,832,396
Liabilities$2,189,823
Net Assets$1,642,573

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $985,879Expenses 2011: $1,001,109Net Income 2011: -$15,2302011Expenses 2012: $913,3212012Expenses 2013: $767,8872013Revenue 2014: $750,878Expenses 2014: $792,501Net Income 2014: -$41,6232014Revenue 2015: $863,487Expenses 2015: $855,137Net Income 2015: $8,3502015Revenue 2016: $930,057Expenses 2016: $906,952Net Income 2016: $23,1052016Revenue 2017: $1,071,807Expenses 2017: $1,049,209Net Income 2017: $22,5982017Revenue 2018: $1,011,915Expenses 2018: $996,430Net Income 2018: $15,4852018Revenue 2019: $1,070,437Expenses 2019: $1,127,731Net Income 2019: -$57,2942019Revenue 2020: $1,177,939Expenses 2020: $1,167,875Net Income 2020: $10,0642020Revenue 2021: $1,642,372Expenses 2021: $1,203,684Net Income 2021: $438,6882021Revenue 2022: $1,574,321Expenses 2022: $1,410,009Net Income 2022: $164,3122022Revenue 2023: $5,604,996Expenses 2023: $2,186,959Net Income 2023: $3,418,0372023Revenue 2024: $1,836,017Expenses 2024: $4,520,936Net Income 2024: -$2,684,9192024Revenue 2025: $1,468,315Expenses 2025: $1,594,111Net Income 2025: -$125,7962025

Highlighted filing

2019

Revenue$1,070,437
Expenses$1,127,731
Net Income-$57,294
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 6, 2020
Return Version
2018v3.1
Gross Receipts
$1,100,888
Mission and Program Overview

Mission

Support local artists through workshops, gallery exhibitions, and other educationalevents which reach out to the community at large; support local and internationalartists through renting spaces at rates below market value to artists andarts-related organizations.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,771,757$3,750,401▼ $21,356
Cash and Non-Interest-Bearing Accounts$98,748$42,011▼ $56,737
Intangible Assets$36,523$23,796▼ $12,727
Prepaid Expenses and Deferred Charges$1,371$16,188▲ $14,817
Accounts Receivable$2,184$0▼ $2,184
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$3,910,583$3,832,396▼ $78,187
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,054,914$2,041,027▼ $13,887
Deferred Revenue$130,208$104,762▼ $25,446
Other Liabilities$17,094$25,942▲ $8,848
Accounts Payable and Accrued Expenses$8,500$18,092▲ $9,592
Total Liabilities$2,210,716$2,189,823▼ $20,893
Net Assets / Fund Balance
Unrestricted Net Assets$1,697,683$1,642,573▼ $55,110
Temporarily Rstr Net Assets$2,184--
Total Net Assets Fund Balance$1,699,867$1,642,573▼ $57,294
Total Liabilities and Net Assets / Fund Balance$3,910,583$3,832,396▼ $78,187

Asset Categories

AssetBook ValueDepreciationBasis
Land$3,338,499-$3,338,499
Buildings$312,617$339,790$652,407
Leasehold Improvements$92,444$67,374$159,818
Equipment$6,841$77,549$84,390
Other Land Buildings-$10,084$10,084
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jan WilliamsonExecutive DirectorFT$82,786$82,786

Board Members and Trustees

NameTitle
Ted SchwabPresident & CEO
Joan AbrahamsonVice President
Alice PangDirector
Andrew BeathDirector
Damien BigotDirector
Dan GreaneyDirector
Janine ArbelaezDirector
Jessica CusickDirector
Judith KhneysserDirector
Mallindi DaviesDirector
Michael G ReyDirector
Susan BaikDirector
Susanna Bixby DakinDirector
Jonathan AronsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$525,462
Program Service Revenue
$482,041
Investment Income
$2,011
Other Revenue
$60,923
All Other Contributions
$366,644
Change in Net Assets
$-57,294

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,070,437
Total Revenue per Audited Statements
$1,070,437
Total Revenue per Form 990
$1,070,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$679,697
Salaries, Compensation, and Employee Benefits$448,034
Total Fundraising Expense$22,402
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$216,929$57,848$14,462$289,239
All Other Expenses$102,161$33,697-$135,858
Payments to Affiliates$93,672$13,057-$106,729
Current Officers, Directors, Trustees, and Key Employees$62,090$16,557$4,139$82,786
Depreciation Depletion-$58,039-$58,039
Fees for Services Accounting$23,730$32,180-$55,910
Other Employee Benefits$36,131$9,634$2,409$48,174
Other Expenses$19,335$19,859-$39,194
Insurance$27,263$3,030-$30,293
Payroll Taxes$20,876$5,567$1,392$27,835
Advertising$24,774--$24,774
Travel$10,253--$10,253
Office Expenses$6,630$2,408-$9,038
Total Functional Expenses$792,661$312,668$22,402$1,127,731

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,127,731
Total Expenses per Audited Statements$1,127,731
Total Expenses per Form 990$1,127,731
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$91,374
Fundraising Direct Expenses$30,451
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$91,374$91,374$30,451$60,923
Total Events$91,374$91,374$30,451$60,923
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rent Deposits$25,942
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by the executive director prior to submission.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Every time there is a policy or fiduciary issue at hand, such as approving the budget, making major programming decisions, we review for potential conflicts with the decision makers.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation paid to the executive director is set by the independent board of directors and is determined by a review of current salary and compensation surveys.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Copies of documents are provided upon a written request submitted to the Executive Director. A written request is also required for inspection of documents at the office of the organization.

Filing and Contact Details

Filer

Filer Name
18th Street Arts Complex
EIN
95-3825203
Phone
3104533711
Address
1639 18th Street, Santa Monica, CA 90404

Signing Officer

Name
Jan Williamson
Title
Executive Director
Signed
2020-03-06
Discuss with paid preparer
Yes

Organization Details

Formed
1988
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
9
Volunteers
100

Preparer

Firm
Foumberg Juneja Rocher & Co Pc
Address
10220 RIVERSIDE DR SUITE B, TOLUCA LAKE, CA 91602
Preparer
Thomas A Engell
Phone
3235569200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

ART SUPPLIES: Column (A) - Total = $27204; Column (B) - Program Services = $27204; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

BANK SERVICE CHARGES: Column (A) - Total = $1400; Column (B) - Program Services = $0; Column (C) - Management & General = $1400; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CABLE FEES: Column (A) - Total = $5294; Column (B) - Program Services = $5294; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

COMPUTER EXPENSE: Column (A) - Total = $3717; Column (B) - Program Services = $0; Column (C) - Management & General = $3717; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

DONATIONS: Column (A) - Total = $114; Column (B) - Program Services = $0; Column (C) - Management & General = $114; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

DUES: Column (A) - Total = $14972; Column (B) - Program Services = $0; Column (C) - Management & General = $14972; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

EQUIPMENT RENTAL: Column (A) - Total = $4081; Column (B) - Program Services = $0; Column (C) - Management & General = $4081; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

FACILITY RENTAL: Column (A) - Total = $4987; Column (B) - Program Services = $4987; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

FURNISHINGS: Column (A) - Total = $6633; Column (B) - Program Services = $6633; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

GROUNDSKEEPER: Column (A) - Total = $9160; Column (B) - Program Services = $9160; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

HOSPITALITY: Column (A) - Total = $6834; Column (B) - Program Services = $6834; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

LEGAL : Column (A) - Total = $738; Column (B) - Program Services = $0; Column (C) - Management & General = $738; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Redevelopment Costs: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TELEPHONE: Column (A) - Total = $11694; Column (B) - Program Services = $7016; Column (C) - Management & General = $4678; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TRAINING FEES: Column (A) - Total = $105; Column (B) - Program Services = $0; Column (C) - Management & General = $105; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

UTILITIES: Column (A) - Total = $38925; Column (B) - Program Services = $35033; Column (C) - Management & General = $3892; Column (D) - Fundraising = $0

Form 990, Part III, Line 1 - Organizatio

Support local artists through workshops, gallery exhibitions, and other educational events which reach out to the community at large; support local and international artists through renting spaces at rates below market value to artists and arts-related organizations.

Form 990, Part III, Line 4A- Program Ser

The vitality and programs of the 18th Street Arts Center (18SAC) are based on the belief that exceptional talent deserves to be fostered. Founded in 1988, 18SAC is a hub for artistic innovation that actively nurtures and promotes the work of contemporary artists from around the globe, from all disciplines at various career stages. Through its multi-tiered residency program, 18SAC provides artists with a center for artistic creation, innovation, collaboration and growth.18th Street Arts Center is internationally recognized as the largest and longest-running artist residency program in Southern California. Through artist residencies, exhibitions, print publications, new media platforms and public events 18SAC has served over six thousand California-based American artists in the development of new work and hosted more than 350 international artists-in-residence from 46 countries since the organization was founded, twenty-five years ago. By providing space, time, financial support, and visibility, 18SACb

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IRS990/Form990PartVIISectionAGrp/PersonNm1Janine Arbelaez
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IRS990/Form990PartVIISectionAGrp/PersonNm4Susanna Bixby Dakin
IRS990/Form990PartVIISectionAGrp/PersonNm5Susan Baik
IRS990/Form990PartVIISectionAGrp/PersonNm6Dan Greaney
IRS990/Form990PartVIISectionAGrp/PersonNm7Judith Khneysser
IRS990/Form990PartVIISectionAGrp/PersonNm8JOAN ABRAHAMSON
IRS990/Form990PartVIISectionAGrp/PersonNm9Jessica Cusick
IRS990/Form990PartVIISectionAGrp/PersonNm10Alice Pang
IRS990/Form990PartVIISectionAGrp/PersonNm11Jonathan Aronson
IRS990/Form990PartVIISectionAGrp/PersonNm12Ted Schwab
IRS990/Form990PartVIISectionAGrp/PersonNm13Damien Bigot
IRS990/Form990PartVIISectionAGrp/PersonNm14JAN WILLIAMSON
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt12President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
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IRS990/MembersOrStockholdersInd0false
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IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036131
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IRS990/OtherExpensesGrp/ProgramServicesAmt219335
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IRS990/OtherExpensesGrp/TotalAmt248005
IRS990/OtherExpensesGrp/TotalAmt339194
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IRS990/PayrollTaxesGrp/FundraisingAmt01392
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05567
IRS990/PayrollTaxesGrp/ProgramServicesAmt020876
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01371
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IRS990/PYTotalRevenueAmt01011915
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0563560
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0420486
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0401851
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0660
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt061
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0985
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03724
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0482041
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0482165
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0495484
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0500012
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0458593
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02418295
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.80$1.87$2.93$1.47$1.59$0.13
2024Detailed filing. Detailed filing data is available for this year.$4.99$1.94$3.06$1.84$4.52$2.68
2023Detailed filing. Detailed filing data is available for this year.$7.75$2.01$5.74$5.60$2.19$3.42
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.33$2.04$2.29$1.57$1.41$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.17$2.04$2.13$1.64$1.20$0.44
2020Detailed filing. Detailed filing data is available for this year.$3.89$2.24$1.65$1.18$1.17$0.01
2019Detailed filing. Detailed filing data is available for this year.$3.83$2.19$1.64$1.07$1.13$0.06
2018Detailed filing. Detailed filing data is available for this year.$3.91$2.21$1.70$1.01$1.00$0.02
2017Detailed filing. Detailed filing data is available for this year.$3.97$2.28$1.68$1.07$1.05$0.02
2016Detailed filing. Detailed filing data is available for this year.$4.07$2.34$1.73$0.93$0.91$0.02
2015Detailed filing. Detailed filing data is available for this year.$3.95$2.25$1.70$0.86$0.86$0.01
2014Detailed filing. Detailed filing data is available for this year.$4.06$2.37$1.70$0.75$0.79$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.92$2.18$1.74$0.77
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.98$2.23$1.75$0.91
2011Summary only. Only limited summary data is available for this year.$4.11$2.31$1.80$0.99$1.00$0.02