Pacific Arts Movement FY2020 filing

Tax-deductible

San Diego, CA501(c)(3)Arts & CultureEIN 33-1001523Revenue $752K in FY2020

On file with the IRSpacarts.org7675 Dagget St, 92111-2200 · San Diego, CATax-exempt since Aug 2002Publicly supported charity — 170(b)(1)(A)(vi)

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Pacific Arts Movement presents Pan Asian media arts to San Diego residents and visitors in order to inspire, entertain, and support a more compassionate society.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
$112K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
4 of 5
filings with a surplus
Average surplus $43K a year · 4% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$112K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $123K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$34K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$752K
Spent
$685K
To programs
68%
Net assets
$299K
By yearFY2020–FY2024
Revenue
$752K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$752K
FY2021$716K
FY2022$802K
FY2023$1.1M
FY2024$1.5M
Expenses
$685K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$685K
FY2021$675K
FY2022$956K
FY2023$841K
FY2024$1.5M
Net assets
$299K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$299K
FY2021$341K
FY2022$165K
FY2023$517K
FY2024$362K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2002.

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

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $465K Management & general 18% · $126K Fundraising 14% · $93K

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

19 people listed on the 990; $112K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$112,000Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Alex Villafuerte’s $94K as Executive Director is at the 28th percentile of top reported officer pay among 3924 $1–10M 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kent Lee——$107,538$110,578$112,000
Alex Villafuerte$93,846$67,692———
Henry Manayan——$53,077——

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 Pacific Arts Movement 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

Showcases Pan Asian films and media arts to San Diego, inspiring entertainment and compassion.

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Provided by the organization

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3 programs · $465K · in their own filed words · FY2020
01

Film festivals exhibiting Asian and Asian American films and filmmakers that educate and inform the public and that would not otherwise be available to the public we serve.

$332Kprogram expense
02

Spring showcase and screenings exhibiting Asian and Asian American films to audiences in an open forum that might not otherwise be available to the public we serve.

$91Kprogram expense
03

Reel voices provides training to high school students in the film making process and the opportunity to create independent doucmentary videos.

$42Kprogram expense

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 · FY2024
See all 6 funders →
Grants paid · 1 grant · $10K · 2022–2022
Unitemized GrantFY2022$9,516

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$752K
Ln 12
Gifts and grantsLn 1h$695K
Fees for servicesLn 2g$62K
Investment incomeLn 3$391
Money outPt IX
$685K
Ln 25
Programscol B$465K
Managementcol C$126K
Fundraisingcol D$93K
Owns and owesPt X
$299K
net assets · Ln 32
Cash and savingsLn 1–2$135K
Total assetsLn 16$333K
LiabilitiesLn 26$34K
PeoplePt VI, VII
19
listed · VII A
PaidVII A1
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$695K
Government grantsLn 1e$251K
Fees for servicesLn 2g$62K
Investment incomeLn 3$391
Total revenueLn 12$752K
Assets in detailPt X, end of year
CashLn 1$132K
SavingsLn 2$3K
Cash and savings togetherLn 1–2$135K
Total assetsLn 16$333K
LiabilitiesLn 26$34K
Net assetsLn 32$299K
OperationsPt I, VI
EmployeesI 54
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$89K$135K
Total assetsLn 16$311K$333K
LiabilitiesLn 26$78K$34K
Net assetsLn 32$232K$299K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$5K$5K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$112K$56K$56K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$156K$70K$15K$70K
Pension plan contributionsLn 8$6K$3K$2K$2K
Other employee benefitsLn 9$15K$7K$4K$4K
Payroll taxesLn 10$32K$15K$9K$8K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$14K$14K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$59K$56K$2K$943
Advertising and promotionLn 12$6K$6K$20$20
Office expensesLn 13$20K$14K$5K$666
Information technologyLn 14$2K$2K
RoyaltiesLn 15$0
OccupancyLn 16$4K$4K
TravelLn 17$3K$3K$12$18
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$25$25
InterestLn 20$4K$2K$2K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$221K$219K$313$2K
All other expensesLn 24e$16K$10K$3K$3K
Total functional expensesLn 25$685K$465K$126K$93K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.5M$1.5M$9K$362K 990 PDF
FY2023 $1.1M$841K$253K$517K 990 PDF
FY2022 $802K$956K−$154K$165K 990 PDF
FY2021 $716K$675K$42K$341K 990 PDF
FY2020 Viewing $752K$685K$67K$299K 990 PDF

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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 FY2020 990 (6 parts)
Part I · Summary $751,641 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $649,110$694,759
I-9 Program service revenuePrior year $23,989$61,590
I-10 Investment incomePrior year $24,493$391
I-11 Other revenuePrior year $74,293−$5,099
I-12 Total revenuePrior year $771,885$751,641
I-13 Grants and similar amounts paidPrior year $5,500$4,875
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $344,872$321,704
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $661,020$358,165
I-18 Total expensesPrior year $1,011,392$684,744
I-19 Revenue less expensesPrior year −$239,507$66,897
Part VI · Governance 18 of 18 board members independent, 1 to look at
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $751,641 across 8 lines filed
VIII-1b Membership dues$37,446
VIII-1e Government grants$251,235
VIII-1f All other contributions, gifts and grants$406,078
VIII-1h Total contributions, gifts and grants$694,759
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $61,590$61,590
VIII-3 Investment incomeExcluded from tax $391$391
VIII-8 Net income from fundraising eventsExcluded from tax −$5,099−$5,099
VIII-12 Total revenueRelated to mission $61,590 · Excluded from tax −$4,708$751,641
Part IX · Statement of functional expenses $684,744 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $4,875$4,875
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $56,000 · Management $56,000$112,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $70,457 · Management $15,130 · Fundraising $70,112$155,699
IX-8 Pension plan contributionsPrograms $3,047 · Management $1,714 · Fundraising $1,690$6,451
IX-9 Other employee benefitsPrograms $7,244 · Management $4,075 · Fundraising $4,016$15,335
IX-10 Payroll taxesPrograms $15,220 · Management $8,561 · Fundraising $8,438$32,219
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $13,872$13,872
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $56,226 · Management $2,064 · Fundraising $943$59,233
IX-12 Advertising and promotionPrograms $5,865 · Management $20 · Fundraising $20$5,905
IX-13 Office expensesPrograms $14,481 · Management $5,349 · Fundraising $666$20,496
IX-14 Information technologyManagement $2,333$2,333
IX-15 Royalties$0
IX-16 OccupancyManagement $4,241$4,241
IX-17 TravelPrograms $2,810 · Management $12 · Fundraising $18$2,840
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsFundraising $25$25
IX-20 InterestManagement $2,247 · Fundraising $1,970$4,217
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $7,435$7,435
IX-24 Other expenses (24a–d)Programs $218,621 · Management $313 · Fundraising $2,298$221,232
IX-24e All other expensesPrograms $10,154 · Management $3,105 · Fundraising $3,077$16,336
IX-25 Total functional expensesPrograms $465,000 · Management $126,471 · Fundraising $93,273$684,744
Part X · Balance sheet $333,105 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $85,988$131,827
X-2 Savings and temporary cash investmentsStart of year $2,931$2,676
X-4 Accounts receivableStart of year $215,384$197,945
X-9 Prepaid expenses and deferred chargesStart of year $6,201$657
X-16 Total assetsStart of year $310,504$333,105
X-17 Accounts payable and accrued expensesStart of year $74,101$34,178
X-26 Total liabilitiesStart of year $78,474$34,178
X-27 Net assets without donor restrictionsStart of year $232,030$273,927
X-28 Net assets with donor restrictions$25,000
X-32 Total net assets or fund balancesStart of year $232,030$298,927
X-33 Total liabilities and net assetsStart of year $310,504$333,105
Part XI · Reconciliation of net assets $298,927 net assets at year end
XI-1 Total revenue$751,641
XI-2 Total expenses$684,744
XI-3 Revenue less expenses$66,897
XI-4 Net assets at start of year$232,030
XI-10 Net assets at end of year$298,927

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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