Taliesin Nexus

Los Angeles, CAUnknown exempt organizationEIN 27-4737588Revenue $13K in FY2022

On file with the IRStalnexus.com453 S Spring Street No 222 · Los Angeles, CA

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Produce the world's best artist development programs for aspiring and active storytellers.

66¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $69K a year · 8% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Named funders
2
named funders · $64K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$13K
-98% vs prior year
Spent
$35K
To programs
66%
Net assets
$0
By yearFY2020–FY2022
Revenue
$13K
FY2022▼ -98%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.1M
FY2021$582K
FY2022$13K
Expenses
$35K
FY2022▼ -97%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.3M
FY2022$35K
Net assets
$0
FY2022▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$741K
FY2021$23K
FY2022$0

From the FY2022 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $23K Management & general 34% · $12K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Taliesin Nexus executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops aspiring storytellers through world-class artist programs.

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Provided by the organization

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3 programs · $23K · in their own filed words · FY2022
01

Nonprofit Organization Storytelling & Marketing Training

For nonprofits promoting a social good, online video is simply the best way to build the largest audience and to move it toward positive action.We conduct workshops and onsite trainings with nonprofit organizations to teach them the art and science of good messaging and video production, marketing and distribution.

$23Kprogram expense
02

Storyteller & Film Production Career Development

This program offers many different educational tracks for participants including coursework and hands on experience on all facets of storytelling, script writing, film production, editing and marketing as well as internships with professional companies in the film industry.

$132program expense
03

Writers and Publishing Career Development

This program offers many different educational tracks for participants including coursework and hands on experience on all facets of writing, publishing and marketing as well as internships with professional companies in the publishing industry.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 2 funders$64K
Grants paid · 2 grants · $999K · 2021–2021

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$13K
Ln 12
Gifts and grantsLn 1h$7K
Other incomeLn 4–11$6K
Investment incomeLn 3$1
Money outPt IX
$35K
Ln 25
Programscol B$23K
Managementcol C$12K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7K
Investment incomeLn 3$1
Other incomeLn 4–11$6K
Total revenueLn 12$13K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 54
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$24K$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$24K$0
LiabilitiesLn 26$915$0
Net assetsLn 32$23K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$277$277
Office expensesLn 13$1K$1K
OccupancyLn 16$131$131
TravelLn 17$10K$10K$23
Conferences, conventions and meetingsLn 19$13K$13K
InterestLn 20$416$416
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$132$132
Total functional expensesLn 25$35K$23K$12K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $13K$35K−$23K$0 990 PDF
FY2021 $582K$1.3M−$719K$23K 990 PDF
FY2020 $2.1M$1.5M$534K$741K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $12,733 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $575,524$6,805
I-9 Program service revenuePrior year $6,036$0
I-10 Investment incomePrior year $34$1
I-11 Other revenuePrior year $0$5,927
I-12 Total revenuePrior year $581,594$12,733
I-13 Grants and similar amounts paidPrior year $999,000$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $8$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $301,381$35,374
I-18 Total expensesPrior year $1,300,389$35,374
I-19 Revenue less expensesPrior year −$718,795−$22,641
Part VI · Governance 4 of 4 board members independent, 2 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $12,733 across 5 lines filed
VIII-1f All other contributions, gifts and grants$6,805
VIII-1h Total contributions, gifts and grants$6,805
VIII-3 Investment incomeExcluded from tax $1$1
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $5,927$5,927
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $5,928$12,733
Part IX · Statement of functional expenses $35,374 across 9 lines filed
IX-11c Accounting feesManagement $6,358$6,358
IX-11g Other fees for servicesManagement $277$277
IX-13 Office expensesManagement $1,399$1,399
IX-16 OccupancyManagement $131$131
IX-17 TravelPrograms $10,357 · Management $23$10,380
IX-19 Conferences, conventions and meetingsPrograms $12,708$12,708
IX-20 InterestManagement $416$416
IX-23 InsuranceManagement $3,573$3,573
IX-24 Other expenses (24a–d)Programs $132$132
IX-25 Total functional expensesPrograms $23,197 · Management $12,177 · Fundraising $0$35,374
Part X · Balance sheet $0 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $13,541$0
X-2 Savings and temporary cash investmentsStart of year $10,015$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $23,556$0
X-17 Accounts payable and accrued expensesStart of year $915$0
X-26 Total liabilitiesStart of year $915$0
X-27 Net assets without donor restrictionsStart of year $22,641$0
X-32 Total net assets or fund balancesStart of year $22,641$0
X-33 Total liabilities and net assetsStart of year $23,556$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$12,733
XI-2 Total expenses$35,374
XI-3 Revenue less expenses−$22,641
XI-4 Net assets at start of year$22,641
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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