Riley Arts Foundation EIN 06-1648439

Riley Arts Foundation

EIN  06-1648439 Public charity (501(c)(3)) Pasadena, CA
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Size
<$100K
What they do
An arts and culture nonprofit based in Pasadena, CA. It reported about $58K in revenue for 2023.
Money in and out
$58K revenue, $38K expenses
Bottom line

An arts and culture nonprofit based in Pasadena, CA. It reported about $58K in revenue for 2023. For fiscal year 2023 it reported $58K in revenue, $38K in expenses, and $10K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$58K
Pt VIII · Ln 12
Total expenses
$38K
Pt IX · Ln 25
Net assets
$10K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20K
Total assets
61K
deployed as grants and operations

Summary of the Filing

Part I · fiscal year 2023 · Form 990-PF
Revenue
$58K
FY2023▲ +173%
Expenses
$38K
FY2023▲ +86%
Total assets
$61K
FY2023▲ +185%
Total liabilities
$50K
FY2023▲ +365%
Total revenue
$58K
Pt VIII · Ln 12
Total expenses
$38K
Pt IX · Ln 25
Net assets
$10K
Pt X · Ln 32
Total assetsPt II$61K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRiley Arts Foundation
EINHdr · item D06-1648439
Principal addressHdr · item CPasadena, CA
WebsiteHdr · item Jwww.rileyarts.org
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFJul 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported

Statement of Revenue

Part VIII
Contributions & grants100%$58K
Total revenueLn 12$58K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Operating & administrative $1.00
Operating & administrative100%$38K
Total functional expensesLn 25$38K

Balance Sheet

Part X · end of year
CashLn 1$10K
Total assetsLn 16$61K
Total liabilitiesLn 26$50K
Total net assetsLn 32$10K
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $61K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $58K
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $58K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $58K · Prior year $21K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $10K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $58K · Expenses $38K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $61K
Net-asset ratio
Net assets $10K · Total assets $61K
17%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $38K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 173%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$58K revenue · viewing · ⤓ 990 PDF
FY2022$21K revenue · ⤓ 990 PDF
FY2021$53K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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