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Torrance Cultural Arts Center Foundation

Torrance Cultural Arts Center Foundation

Torrance, CA 90505
Tax ID33-0625499

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About this organization

Revenue

$417,058

Expenses

$475,373

Mission

In partnership with the city of Torrance, to enrich the community through the performing arts by providing diverse cultural, educational, and entertainment experiences of the highest quality.

About

Performing arts, visual arts, and arts education presented throughout the year at affordable prices and through scholarships. Donated printing services with an estimated value of $12,925 were provided by the city of Torrance and have been excluded from income and expense. Donated rent for the Armstrong Theatre and other facilities with an estimated value of $15,000 were provided by the city of Torrance and have been excluded from income and expense. Donated theatre labor with an estimated value of $57,838 provided by the city of Torrance were also excluded from income and expense.

Interesting data from their 2020 990 filing

The filing documents outline the non-profit's mission as “In partnership with the city of torrance, to enrich the community through the performing arts by providing diverse relevant, accessable, and quality performances of all genres, in an effort to bridge cultural divides, help the young, build economic development, and begin conversations relevant to the human condition.”.

When outlining the tasks it performs, they were referred to as: “In partnership with the city of torrance, to enrich the community through the performing arts by providing diverse cultural, educational, and entertainment experiences of the highest quality.”.

  • The filing reveals that the address of the non-profit in 2020 is PO BOX 10416, TORRANCE, CA, 90505.
  • As of 2020, the non-profit has 3 employees reported on their 990 form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is -$58,315.
  • The CEO compensation policy of the organization is not established through an independent review and approval process.
  • The organization has 0 independent voting members.
  • The organization is required to file Schedule B.
  • The organization pays $165,499 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has fundraising events.

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