Eastside Arts Alliance EIN 74-3073621 Form 990 (PDF) Claim this org

Eastside Arts Alliance FY2021 filing

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Promotes cultural visual and performing arts through diverse programs and events. For fiscal year 2021 it reported $1.5M in revenue, $979K in expenses, and $2.7M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Oakland, CA
Filings
4 on file (2020–2021)
Revenue
$1.5MFY2021
Expenses
$979K
Net assets
$2.7M
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  74-3073621 Public charity (501(c)(3)) Oakland, CA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/3/26 · see original: IRS
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Size
$1–10M
What they do
Promotes cultural visual and performing arts through diverse programs and events.
Leadership
Elena Serrano · President · $40K
Money in and out
$1.5M revenue, $979K expenses
Bottom line
87% program efficiency
Where the money goes · FY2021
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$979K
Pt IX · Ln 25
Net assets
$2.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $479K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.11 Fundraising $0.02
Program efficiency
87%
of spending reaches programs
Operating runway
10.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+33%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.5M
FY2021▲ +8%
Expenses
$979K
FY2021▼ -18%
Total assets
$2.8M
FY2021▲ +15%
Total liabilities
$62K
FY2021▼ -66%
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$979K
Pt IX · Ln 25
Net assets
$2.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$479K
Total assetsPt X · Ln 16$2.8M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEastside Arts Alliance
EINHdr · item D74-3073621
Principal addressHdr · item COakland, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFJul 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President
$40,022Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Elena Serrano’s $40K as President is at the 3rd percentile of top reported officer pay among 3917 $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 · 1 named individual · Part VII

NameFY2021FY2020
Elena Serrano$40,022$40,022

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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Mission & Programs · Part III

Where the work happens

1 program service account for $852K of program spending, described in the organization's own filed words · FY2020.
01

EastSide Cultural Center ProjectEastSide Arts Alliance (ESAA) has continued to expand its programming in our EastSide Cultural Center facility. The EastSide Cultural Center also supports over 50 community organizations, artists, musicians, performers, schools and community groups with very affordable multi-use theater space for…

$852Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.4M · 99%
Program service revenue$96K · 7%
Contributions & grants99%$1.4M
Program service revenue7%$96K
— government grantsLn 1e$208K
Total revenueLn 12$1.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.11 Fundraising $0.02
Program services87%$852K
Management & general11%$108K
Fundraising2%$19K
Total functional expensesLn 25$979K

Balance Sheet

Part X · end of year
CashLn 1$855K
Total assetsLn 16$2.8M
Total liabilitiesLn 26$62K
Total net assetsLn 32$2.7M
Months of cash on handcomputed10.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $855K · Operating expenses/yr $979K
10.5 months
Where the money goes
Program services
Program services $852K · Total expenses $979K
87%
Management & General
Management & general $108K · Total expenses $979K
11%
Fundraising
Fundraising $19K · Total expenses $979K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $25K · Solicited contributions (2-yr avg) $1.2M
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.4M · Total revenue $1.5M
99%
Government reliance
Government grants $208K · Total revenue $1.5M
14%
Earned-income share
Program service revenue $96K · Total revenue $1.5M
7%
Investment reliance
Investment income $-82K · Total revenue $1.5M
-6%
Program self-sufficiency
Program service revenue $96K · Total expenses $979K
10%
Growth & trend
Revenue growth (YoY)
This year $1.5M · Prior year $1.4M
+8%
Net-asset trend (YoY)
End of year $2.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.5M · Expenses $979K
+33%
Liabilities-to-Assets
Total liabilities — · Total assets $2.8M
Net-asset ratio
Net assets $2.7M · Total assets $2.8M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2.8M
0%
People & payroll
Highest Reported Total Compensation
Individual Elena Serrano · Reported title President · Highest reported compensation $40K · Total expenses $979K
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $562K · Total expenses $979K
57%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 11%
Fundraising cost ratio 1%
Revenue growth 8%
Investment management fee ratio 0%
Legal fee ratio 0.09%
Accounting fee ratio 3%
Fundraising fee ratio 0%

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 · funders on record
Grants received · FY2024
See all 9 funders →

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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
FY2024 (Latest)$2.2M revenue · ⤓ 990 PDF
FY2023$1.7M revenue · ⤓ 990 PDF
FY2022not on file
FY2021$1.5M revenue · viewing · ⤓ 990 PDF
FY2020$1.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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