David Labkovkski Project EIN 81-0882765 Form 990 (PDF) Claim this org

David Labkovkski Project FY2022 filing

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Preserves Holocaust history and world knowledge through the art of David Labkovski. For fiscal year 2022 it reported $293K in revenue, $140K in expenses, and $492K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
West Hills, CA
Website
www.davidlabkovskiproject.org
Filings
5 on file (2020–2022)
Revenue
$293KFY2022
Expenses
$140K
Net assets
$492K
People
17
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-0882765 Public charity (501(c)(3)) West Hills, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Preserves Holocaust history and world knowledge through the art of David Labkovski.
Leadership
Leora Raikin · Executive Director · $60K
Money in and out
$293K revenue, $140K expenses
Bottom line
68% program efficiency
Where the money goes · FY2022
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$140K
Pt IX · Ln 25
Net assets
$492K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $152K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.17 Fundraising $0.15
Program efficiency
68%
of spending reaches programs
Operating runway
56.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+52%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$293K
FY2022▲ +38%
Expenses
$140K
FY2022▲ +19%
Total assets
$493K
FY2022▲ +40%
Total liabilities
$1K
FY2022▼ -89%
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$140K
Pt IX · Ln 25
Net assets
$492K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$152K
Total assetsPt X · Ln 16$493K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDavid Labkovkski Project
EINHdr · item D81-0882765
Principal addressHdr · item CWest Hills, CA
WebsiteHdr · item Jwww.davidlabkovskiproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A80)
Ruling yearIRS BMFJan 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
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
Executive Director
$60,153Pt VII · Sec A
$3,333Pt VII · Sec A
$0Pt VII · Sec A
Director of Communications
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Leora Raikin’s $117K as Executive Director is at the 94th percentile of top reported officer pay among 2213 $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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Leora Raikin$117,075$80,000$60,153$40,000$40,000
Stephanie Wolfson$40,000$40,000
Stephanie Wolfson Through Jan 2022$3,333

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

3 program services account for $37K of program spending, described in the organization's own filed words · FY2022.
01

Student docent training program a virtual program for students to 1 learn about the holocaust through the art of david labkovski and to 2 become empowered to educate their peers and community by being docents at art exhibits they have curated and by making presentations at schools. For students grades 8-12.

$14Kprogram expense
02

Multicultural learning center semester-long in-person program teaching students about the holocaust through the art of david labkovski. Students are prepared to become docents as they curate their own exhibition for the school community.

$13Kprogram expense
03

Pressman academy eight week multi-generational art and learning program reaching different members of the community. Program included teacher training, student docent training, an art exhibit, and lectures attended by students, teachers, parents, grandparents and other visitors.

$10Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$284K · 97%
Other revenue$9K · 3%
Contributions & grants97%$284K
Other revenue3%$9K
Total revenueLn 12$293K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.17 Fundraising $0.15
Program services68%$95K
Management & general17%$24K
Fundraising15%$21K
Total functional expensesLn 25$140K

Balance Sheet

Part X · end of year
CashLn 1$493K
Total assetsLn 16$493K
Total liabilitiesLn 26$1K
Total net assetsLn 32$492K
Months of cash on handcomputed42.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $493K · Operating expenses (Pt IX) $140K · Less non-cash grants $36K · Cash operating expenses/yr $104K
56.8 months
Where the money goes
Program services
Program services $95K · Total expenses $140K
68%
Management & General
Management & general $24K · Total expenses $140K
17%
Fundraising
Fundraising $21K · Total expenses $140K
15%
Cost to raise $1
Fundraising expense (3-yr avg) $18K · Solicited contributions (3-yr avg) $185K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $284K · Total revenue $293K
97%
Government reliance
Government grants — · Total revenue $293K
Earned-income share
Program service revenue $0 · Total revenue $293K
0%
Investment reliance
Investment income $0 · Total revenue $293K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $140K
0%
Growth & trend
Revenue growth (YoY)
This year $293K · Prior year $212K
+38%
Net-asset trend (YoY)
End of year $492K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $293K · Expenses $140K
+52%
Liabilities-to-Assets
Total liabilities — · Total assets $493K
Net-asset ratio
Net assets $492K · Total assets $493K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $493K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Leora Raikin · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $60K · Total expenses $140K
43%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $85K · Total expenses $140K
61%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 17%
Fundraising cost ratio 7%
Revenue growth 38%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%

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 5 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)$334K revenue · ⤓ 990 PDF
FY2023$325K revenue · ⤓ 990 PDF
FY2022$293K revenue · viewing · ⤓ 990 PDF
FY2021$212K revenue · ⤓ 990 PDF
FY2020$185K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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