Amazing Grace Conservatory INC

Tax-deductible

Los Angeles, CA501(c)(3)Arts & CultureEIN 30-0330862Revenue $711K in FY2024

On file with the IRSamazinggraceconservatory.org2401 W Washington Blvd, 90018-1451 · Los Angeles, CATax-exempt since Sep 2006Publicly supported — 509(a)(2)

Tell your story. Claim this org

Training in the performing artsto provide public benefit for training in the performing artsand providing creativity in oneself, ones soul and ones craft

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Run by 5 volunteers and 24 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $124K a year · 20% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$36K
to officers and key staff · 5% of spending
Top officer’s pay lower than 69% of similar orgs
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
19 mo
of spending, in cash
Looks good: 18.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $58K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$165K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 6 voting members
Fine: 3 of 6 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$711K
-13% vs prior year
Spent
$692K
To programs
91%
Net assets
$975K
By yearFY2020–FY2024
Revenue
$711K
FY2024▼ -13%
Tap a bar for its year
Revenue by fiscal year
FY2020$392K
FY2021$529K
FY2022$654K
FY2023$814K
FY2024$711K
Expenses
$692K
FY2024▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$231K
FY2021$341K
FY2022$590K
FY2023$625K
FY2024$692K
Net assets
$975K
FY2024▲ +20%
Tap a bar for its year
Net assets by fiscal year
FY2020$372K
FY2021$560K
FY2022$624K
FY2023$812K
FY2024$975K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2006.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $627K Management & general 9% · $65K

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

Something off? Claim to fix it

Who runs it and what they're paid

6 people listed on the 990; $36K paid to officers and key staff.

Part VII, Section A · reportable compensation
Board Member/Executive Vice President
$35,854Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jackie Elam’s $36K as Board Member/Executive Vice President is at the 31st percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2020
Jackie Elam$35,854—
Wendy Robinson—$7,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Amazing Grace Conservatory INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Teaches performing arts to foster creativity and public benefit.

Questions for Amazing Grace Conservatory INC

Tap to ask. Amazing Grace Conservatory INC sees how many people are interested.

Your first name shows with your question. Amazing Grace Conservatory INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $627K · in their own filed words · FY2024
01

Training in the performing arts to provide public benefit for training in the performing arts and providing creativity in oneself, ones soul and ones craft.

$627Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$58K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$711K
Ln 12
Gifts and grantsLn 1h$476K
Fees for servicesLn 2g$234K
Investment incomeLn 3$400
Money outPt IX
$692K
Ln 25
Programscol B$627K
Managementcol C$65K
Owns and owesPt X
$975K
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.1M
LiabilitiesLn 26$165K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$476K
Government grantsLn 1e$10K
Fees for servicesLn 2g$234K
Investment incomeLn 3$400
Total revenueLn 12$711K
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
Other assetsLn 15$12K
Total assetsLn 16$1.1M
LiabilitiesLn 26$165K
Net assetsLn 32$975K
OperationsPt I, VI
EmployeesI 524
VolunteersI 65
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 FY24End FY24
Cash and savingsLn 1–2$812K$1.1M
Total assetsLn 16$812K$1.1M
LiabilitiesLn 26$0$165K
Net assetsLn 32$812K$975K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$4K$4K
Other salaries and wagesLn 7$62K$62K
Pension plan contributionsLn 8$2K$2K
Payroll taxesLn 10$18K$18K
Management feesLn 11a$4K$4K
Legal feesLn 11b$102$102
Accounting feesLn 11c$7K$4K$4K
Other fees for servicesLn 11g$226K$226K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$7K$4K$4K
OccupancyLn 16$82K$82K
Conferences, conventions and meetingsLn 19$18K$18K
InterestLn 20$349$349
InsuranceLn 23$9K$6K$3K
Other expenses (24a–d)Ln 24$191K$155K$36K
All other expensesLn 24e$56K$47K$9K
Total functional expensesLn 25$692K$627K$65K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $711K$692K$19K$975K 990 PDF
FY2023 $814K$625K$189K$812K 990 PDF
FY2022 $654K$590K$64K$624K 990 PDF
FY2021 $529K$341K$188K$560K 990 PDF
FY2020 $392K$231K$162K$372K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $710,846 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $681,513$476,007
I-9 Program service revenuePrior year $132,141$234,439
I-10 Investment incomePrior year $69$400
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $813,723$710,846
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $105,077$86,167
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $519,837$605,636
I-18 Total expensesPrior year $624,914$691,803
I-19 Revenue less expensesPrior year $188,809$19,043
Part VI · Governance 3 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $710,846 across 6 lines filed
VIII-1e Government grants$10,304
VIII-1f All other contributions, gifts and grants$465,703
VIII-1h Total contributions, gifts and grants$476,007
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $234,439$234,439
VIII-3 Investment incomeExcluded from tax $400$400
VIII-12 Total revenueRelated to mission $234,439 · Unrelated business $0 · Excluded from tax $400$710,846
Part IX · Statement of functional expenses $691,803 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $4,350$4,350
IX-7 Other salaries and wagesPrograms $61,721$61,721
IX-8 Pension plan contributionsPrograms $2,217$2,217
IX-10 Payroll taxesPrograms $17,879$17,879
IX-11a Management feesManagement $4,500$4,500
IX-11b Legal feesManagement $102$102
IX-11c Accounting feesPrograms $3,670 · Management $3,670$7,340
IX-11g Other fees for servicesPrograms $225,917$225,917
IX-12 Advertising and promotionPrograms $4,161$4,161
IX-13 Office expensesPrograms $3,654 · Management $3,655$7,309
IX-16 OccupancyPrograms $82,140$82,140
IX-19 Conferences, conventions and meetingsPrograms $17,960$17,960
IX-20 InterestPrograms $349$349
IX-23 InsurancePrograms $5,654 · Management $3,101$8,755
IX-24 Other expenses (24a–d)Programs $154,517 · Management $36,377$190,894
IX-24e All other expensesPrograms $46,801 · Management $9,408$56,209
IX-25 Total functional expensesPrograms $626,640 · Management $65,163 · Fundraising $0$691,803
Part X · Balance sheet $1,139,719 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $812,432$1,091,022
X-4 Accounts receivable$36,500
X-15 Other assetsStart of year $0$12,197
X-16 Total assetsStart of year $812,432$1,139,719
X-25 Other liabilitiesStart of year $0$149,361
X-26 Total liabilitiesStart of year $0$164,738
X-27 Net assets without donor restrictionsStart of year $812,432$974,981
X-32 Total net assets or fund balancesStart of year $812,432$974,981
X-33 Total liabilities and net assetsStart of year $812,432$1,139,719
Part XI · Reconciliation of net assets $974,981 net assets at year end
XI-1 Total revenue$710,846
XI-2 Total expenses$691,803
XI-3 Revenue less expenses$19,043
XI-4 Net assets at start of year$812,432
XI-8 Prior period adjustments$143,505
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$974,981

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.