Audacity Performing Arts Project INC FY2023 filing

Tax-deductible

Campbell, CA501(c)(3)Arts & CultureEIN 46-1444034Revenue $422K in FY2023

On file with the IRSaudacityperformingarts.com979 Bucknam Ave, 95008-5906 · Campbell, CATax-exempt since May 2014Publicly supported — 509(a)(2)

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The Audacity Performing Arts Project, Inc. engages Silicon Valley, Title 1 schools in all aspects of inclusion-based theater productions and artistic programming. In collaborative partnerships with school districts, teaching artists and students, Audacity explores the performing arts at the intersection of technology. Through accessible, quality arts education and experiences, students devise their own path to personal empowerment, self discovery and higher education.

501(c)(3) charity; gifts are tax-deductible.
54¢ of each $1 spent went to programs.
$246K 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

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $10K a year · 2% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
54%
of spending
Worth a look: 54% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$246K
to officers and key staff · 47% of spending
Concern: pay to officers and key staff is 47% of spending; over 30%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $58K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$15K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$422K
+6% vs prior year
Spent
$524K
To programs
54%
Net assets
−$425
By yearFY2022–FY2025
Revenue
$422K
FY2023▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2022$399K
FY2023$422K
FY2024$756K
FY2025$521K
Expenses
$524K
FY2023▲ +65%
Tap a bar for its year
Expenses by fiscal year
FY2022$318K
FY2023$524K
FY2024$744K
FY2025$553K
Net assets
−$425
FY2023▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2022$128K
FY2023−$425
FY2024$11K
FY2025−$20K

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2014.

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

Where the money goes

54 cents of each dollar spent went to programs.

Program services 54% · $285K Management & general 39% · $202K Fundraising 7% · $37K

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

7 people listed on the 990; $246K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$87,000Pt VII · Sec A
Executive Director
$87,000Pt VII · Sec A
Development Director
$36,000Pt VII · Sec A
Director Fundraising
$36,000Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
$0Pt VII · Sec A

Rosalinda Sanchez’s $105K as CEO is at the 90th 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

NameFY2025FY2024FY2023FY2022
Rosalinda Sanchez$105,000$105,000$87,000$77,000
Louis Stone-Collonge$46,500$76,000$36,000$24,750

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.

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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 15aNo

Programs and updates

Creates inclusive theater and arts programs for Silicon Valley students, blending technology and performance.

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Provided by the organization

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4 programs · $327K · in their own filed words · FY2022
01

In School Arts Education at Franklin McKinley School District. Audacity taught dance, music, theatre, visual arts and podcasting.

$136Kprogram expense
02

In School arts education at Franklin McKinley and Campbell Districts Audacity taught music, visual arts, theater, dance

$136Kprogram expense
03

Summer programs for Franklin McKinley and Campbell school districts. audacity taught music, visual arts, theater, dance.

$28Kprogram expense
04

Summer programs for Franklin McKinley and Campbell school districts. Audacity taught music, visual arts, theater, dance

$28Kprogram 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 3 funders$58K
See all 3 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$422K
Ln 12
Fees for servicesLn 2g$313K
Gifts and grantsLn 1h$244K
Investment incomeLn 3$185
Money outPt IX
$524K
Ln 25
Programscol B$285K
Managementcol C$202K
Fundraisingcol D$37K
Owns and owesPt X
−$425
net assets · Ln 32
Cash and savingsLn 1–2$155K
Total assetsLn 16$173K
LiabilitiesLn 26$15K
PeoplePt VI, VII
7
listed · VII A
PaidVII A4
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$244K
Fees for servicesLn 2g$313K
Investment incomeLn 3$185
Total revenueLn 12$422K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$155K
Total assetsLn 16$173K
LiabilitiesLn 26$15K
Net assetsLn 32−$425
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $521K$553K−$32K−$20K 990 PDF
FY2024 $756K$744K$12K$11K 990 PDF
FY2023 Viewing $422K$524K−$102K−$425 990 PDF
FY2022 $399K$318K$81K$128K 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 FY2023 990 (1 part)
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
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

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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