Pasadena Art Alliance EIN 23-7429349 Form 990 (PDF) Claim this org

Pasadena Art Alliance

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Supports contemporary visual arts in Southern California through grants. For fiscal year 2025 it reported $510K in revenue, $462K in expenses, and $985K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Pasadena, CA
Website
www.pasadenaartalliance.org
Filings
5 on file (2021–2025)
Revenue
$510KFY2025
Expenses
$462K
Net assets
$985K
People
37
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-7429349 Public charity (501(c)(3)) Pasadena, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports contemporary visual arts in Southern California through grants.
Leadership
Laura O'Connor · President
Money in and out
$510K revenue, $462K expenses
Bottom line
88% program efficiency
Where the money goes · FY2025
Total revenue
$510K
Pt VIII · Ln 12
Total expenses
$462K
Pt IX · Ln 25
Net assets
$985K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $48K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
26.2mo
months of highly liquid reserves at operating expense rate▲ +14% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▲ +329% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$510K
FY2025▲ +1%
Expenses
$462K
FY2025▼ -6%
Total assets
$1.1M
FY2025▲ +11%
Total liabilities
$72K
FY2025▲ +439%
Total revenue
$510K
Pt VIII · Ln 12
Total expenses
$462K
Pt IX · Ln 25
Net assets
$985K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$48K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 337
Independent voting membersPt I · Ln 437
Mission & Programs · Part III

Where the work happens

2 program services account for $408K of program spending, described in the organization's own filed words · FY2024.
01

Providing grants to exhibitions, educational programs and other art-oriented non-profit institutions.

$321Kprogram expense
02

Membership education and development.

$87Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPasadena Art Alliance
EINHdr · item D23-7429349
Principal addressHdr · item CPasadena, CA
WebsiteHdr · item Jwww.pasadenaartalliance.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A26Z)
Ruling yearIRS BMFFeb 1975

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a37
Independent voting membersPt VI · Ln 1b37
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Recording Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Corresponding Secretary
$0Pt VII · Sec A
Asst Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$266K · 52%
Program service revenue$135K · 26%
Investment income$68K · 13%
Other revenue$41K · 8%
Contributions & grants52%$266K
Program service revenue26%$135K
Investment income13%$68K
Other revenue8%$41K
Total revenueLn 12$510K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$408K
Management & general12%$54K
Total functional expensesLn 25$462K

Balance Sheet

Part X · end of year
CashLn 1$391K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$72K
Total net assetsLn 32$985K
Months of cash on handcomputed10.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.0M · Operating expenses/yr $462K
26.2 months
Where the money goes
Program services
Program services $408K · Total expenses $462K
88%
Management & General
Management & general $54K · Total expenses $462K
12%
Fundraising
Fundraising $0 · Total expenses $462K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $296K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $266K · Total revenue $510K
52%
Government reliance
Government grants — · Total revenue $510K
Earned-income share
Program service revenue $135K · Total revenue $510K
26%
Investment reliance
Investment income $68K · Total revenue $510K
+13%
Program self-sufficiency
Program service revenue $135K · Total expenses $462K
29%
Growth & trend
Revenue growth (YoY)
This year $510K · Prior year $503K
+1%
Revenue CAGR
FY2020 $462K · FY2024 $510K
+2%
Net-asset trend (YoY)
End of year $985K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $510K · Expenses $462K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $985K · Total assets $1.1M
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $619K · Total assets (Pt X, ln 16) $1.1M
59%
People & payroll
Highest Reported Total Compensation
Individual Laura O'Connor · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $462K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $462K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Revenue growth 1%
Accounting fee ratio 4%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 98 grants · $1.3M · 2020–2024
Armory Center for the ArtsCA · FY2024$37,000
Art Center College of DesignCA · FY2024$30,000
Museum AssociatesFY2024$20,000
Hammer Museum INCAK · FY2024$20,000
Pasadena City College - Visual and Media ArtsFY2024$20,000
The Huntington LibraryFY2024$15,000
Side Street ProjectsCA · FY2024$15,000
Museum of Contemporary Art Los AngelesFY2024$15,000
Santa Monica Museum of ArtFY2024$14,000
Fulcrum ArtsCA · FY2024$12,500
Craft ContemporaryCA · FY2024$12,500
Scripps College Williamson GalleryFY2024$10,000
LaxartFY2024$10,000
Pomona College Benton Museum of ArtFY2024$10,000
Fowler Museum at UCLAFY2024$9,000
Artlab21 Foundation EsmoaCA · FY2024$9,000
Mak Center for Art and ArchitectureFY2024$8,000
Descanso Gardens FoundationCA · FY2024$8,000
See all 98 grants →

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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
FY2025 (Latest)$510K revenue · viewing · ⤓ 990 PDF
FY2024$503K revenue · ⤓ 990 PDF
FY2023$455K revenue · ⤓ 990 PDF
FY2022$494K revenue · ⤓ 990 PDF
FY2021$462K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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