Immaculate Heart Community FY2022 filing

Tax-deductible

Los Angeles, CA501(c)(3)Since 1889EIN 95-2706764Revenue $47.5M in FY2022

On file with the IRSimmaculateheartcommunity.org840 Echo Park Ave, 90026-4209 · Los Angeles, CATax-exempt since Sep 1972Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

Seeks to strategically change practices and situations through art, education, spirituality, and social services.

501(c)(3) charity; gifts are tax-deductible.
58¢ of each $1 spent went to programs.
$215K 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

FY2022 · 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
2 of 5
filings with a surplus
Average surplus $7.9M a year · 45% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
58%
of spending
Worth a look: 58% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$215K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
116 mo
of spending, in cash
Looks good: 116.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $60K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$226K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$47.5M
×16 vs prior year
Spent
$3.5M
To programs
58%
Net assets
$73.6M
By yearFY2020–FY2024
Revenue
$47.5M
FY2022▲ ×16
Tap a bar for its year
Revenue by fiscal year
FY2020$3.1M
FY2021$2.9M
FY2022$47.5M
FY2023$6.5M
FY2024$27.7M
Expenses
$3.5M
FY2022▼ -18%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.0M
FY2021$4.3M
FY2022$3.5M
FY2023$31.5M
FY2024$4.0M
Net assets
$73.6M
FY2022▲ +121%
Tap a bar for its year
Net assets by fiscal year
FY2020$31.6M
FY2021$33.4M
FY2022$73.6M
FY2023$52.2M
FY2024$78.9M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 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 Sep 1972.

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

Where the money goes

58 cents of each dollar spent went to programs.

Program services 58% · $2.0M Management & general 39% · $1.4M Fundraising 3% · $99K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

13 people listed on the 990; $215K paid to officers and key staff.

Part VII, Section A · reportable compensation
Interim Director of Administration
$134,017Pt VII · Sec A
Vice President
$43,796Pt VII · Sec A
Director of Finance
$37,216Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kathleen Buczko———$270,760$160,413
Sherry Purcell$172,148$161,827———
Jean Holsten—$160,512$134,017——
Elizabeth Lomeli$132,659$107,673———
Charmian Hauck———$125,747$131,916
Christine Monroe$130,548$117,548———
Pamela Hope$130,548$125,549———
Susan Leary$102,416$99,202$37,216——

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 Immaculate Heart Community executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org 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

Programs and updates

Transforms communities through art, education, spirituality, and social services.

Questions for Immaculate Heart Community

Tap to ask. Immaculate Heart Community sees how many people are interested.

Your first name shows with your question. Immaculate Heart Community answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $1.3M · in their own filed words · FY2022
01

The corita art center exhibits and curates exhibitions of luminary contemporary artist, corita kent's original work. It collaborates locally and globally with leading academic and elite art institutes to lend, research and showcase kent's work, sell original editions, as well as print and license kent's artwork for production of…

$635Kprogram expense
02

The center for spiritual renewal and la casa de maria's mission is to be a sanctuary of peace to renew purpose, strengthen community, and increase their effectiveness in the world. This is done through group programming, individual retreats and spiritual direction.

$590Kprogram expense
03

The founding members is a program of the immaculate heart community that fulfills its mission by providing the formerly canonical community members with a place to build community, foster spiritual growth, and provide resident opportunities for education, recreation, service to others and special help for those in need.

$79Kprogram 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
Total grants receivedfrom 4 funders$60K
See all 4 funders →
Grants paid · 16 grants · $27.2M · 2020–2024
Corita Art Center INCCA · FY2024$191,006
I Demand AccessVA · FY2024$15,948
Interfaith Refugee & Immigration ServiceFY2024$15,000
Housing WorksCA · FY2024$6,000
Emanate Health FoundationCA · FY2024$6,000
Individual RecipientFY2023$22,103,229
Corita Art Center INCCA · FY2023$4,696,966
Alexandria HouseCA · FY2022$6,126
Findings Art Center INCCA · FY2022$6,000
Alexandria HouseCA · FY2021$24,858
Findings Art Center INCCA · FY2021$6,000
Findings Art Center INCCA · FY2020$8,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$47.5M
Ln 12
Investment incomeLn 3$44.7M
Gifts and grantsLn 1h$2.3M
Other incomeLn 4–11$490K
Money outPt IX
$3.5M
Ln 25
Programscol B$2.0M
Managementcol C$1.4M
Fundraisingcol D$99K
Owns and owesPt X
$73.6M
net assets · Ln 32
Cash and savingsLn 1–2$34.0M
Total assetsLn 16$73.8M
LiabilitiesLn 26$226K
PeoplePt VI, VII
13
listed · VII A
PaidVII A3
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.3M
Government grantsLn 1e$53K
Noncash giftsLn 1g$33K
Fees for servicesLn 2g$37K
Investment incomeLn 3$44.7M
Other incomeLn 4–11$490K
Gains on assetsLn 7$44.3M
Total revenueLn 12$47.5M
Assets in detailPt X, end of year
CashLn 1$26.9M
SavingsLn 2$7.1M
Cash and savings togetherLn 1–2$34.0M
InvestmentsLn 11–13$22.2M
Land, buildings, equipmentLn 10c$7.1M
Other assetsLn 15$0
Total assetsLn 16$73.8M
LiabilitiesLn 26$226K
Net assetsLn 32$73.6M
OperationsPt I, VI
EmployeesI 528
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.1M$34.0M
InvestmentsLn 11–13$25.6M$22.2M
Land, buildings, equipmentLn 10c$8.3M$7.1M
Total assetsLn 16$35.3M$73.8M
LiabilitiesLn 26$1.9M$226K
Net assetsLn 32$33.4M$73.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$12K$12K
Other salaries and wagesLn 7$1.2M$780K$347K$77K
Other employee benefitsLn 9$272K$130K$137K$5K
Management feesLn 11a$302K$117K$185K
Legal feesLn 11b$48K$1K$47K
Accounting feesLn 11c$224K$224K
Investment management feesLn 11f$99K$36K$63K
Other fees for servicesLn 11g$42K$42K
Advertising and promotionLn 12$17K$17K$49
Office expensesLn 13$111K$65K$45K$1K
Information technologyLn 14$117K$63K$38K$15K
OccupancyLn 16$228K$182K$46K
Conferences, conventions and meetingsLn 19$26K$13K$14K
InterestLn 20$14K$2K$12K
Depreciation, depletion and amortizationLn 22$251K$226K$26K
InsuranceLn 23$156K$105K$50K$790
Other expenses (24a–d)Ln 24$333K$269K$63K
All other expensesLn 24e$56K$30K$27K
Total functional expensesLn 25$3.5M$2.0M$1.4M$99K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $27.7M$4.0M$23.7M$78.9M 990 PDF
FY2023 $6.5M$31.5M−$25.0M$52.2M 990 PDF
FY2022 Viewing $47.5M$3.5M$44.0M$73.6M 990 PDF
FY2021 $2.9M$4.3M−$1.4M$33.4M 990 PDF
FY2020 $3.1M$5.0M−$1.9M$31.6M 990 PDF

Want to add your own materials alongside these filings? 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 FY2022 990 (6 parts)
Part I · Summary $47,496,866 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,503,469$2,295,896
I-9 Program service revenuePrior year $242,173$36,860
I-10 Investment incomePrior year $537,700$44,673,764
I-11 Other revenuePrior year $636,327$490,346
I-12 Total revenuePrior year $2,919,669$47,496,866
I-13 Grants and similar amounts paidPrior year $32,052$12,126
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,022,150$1,475,628
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,254,674$2,024,574
I-18 Total expensesPrior year $4,308,876$3,512,328
I-19 Revenue less expensesPrior year −$1,389,207$43,984,538
Part VI · Governance 10 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members10
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
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $47,496,866 across 11 lines filed
VIII-1e Government grants$53,000
VIII-1f All other contributions, gifts and grants$2,242,896
VIII-1g Noncash contributions (included above)$32,955
VIII-1h Total contributions, gifts and grants$2,295,896
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $36,860$36,860
VIII-3 Investment incomeExcluded from tax $423,416$423,416
VIII-5 RoyaltiesExcluded from tax $29,427$29,427
VIII-6 Net rental income or lossExcluded from tax $257,926$257,926
VIII-7 Net gain or loss on sales of assetsExcluded from tax $44,250,348$44,250,348
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $202,993$202,993
VIII-12 Total revenueRelated to mission $239,853 · Unrelated business $0 · Excluded from tax $44,961,117$47,496,866
Part IX · Statement of functional expenses $3,512,328 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $12,126$12,126
IX-7 Other salaries and wagesPrograms $779,849 · Management $346,633 · Fundraising $76,699$1,203,181
IX-9 Other employee benefitsPrograms $130,472 · Management $136,773 · Fundraising $5,202$272,447
IX-11a Management feesPrograms $116,974 · Management $184,661$301,635
IX-11b Legal feesPrograms $1,140 · Management $47,131$48,271
IX-11c Accounting feesManagement $224,322$224,322
IX-11f Investment management feesPrograms $36,367 · Management $63,129$99,496
IX-11g Other fees for servicesManagement $42,000$42,000
IX-12 Advertising and promotionPrograms $17,055 · Fundraising $49$17,104
IX-13 Office expensesPrograms $65,011 · Management $44,764 · Fundraising $1,241$111,016
IX-14 Information technologyPrograms $63,243 · Management $38,459 · Fundraising $14,863$116,565
IX-16 OccupancyPrograms $181,564 · Management $46,108$227,672
IX-19 Conferences, conventions and meetingsPrograms $12,554 · Management $13,917$26,471
IX-20 InterestPrograms $2,214 · Management $12,215$14,429
IX-22 Depreciation, depletion and amortizationPrograms $225,595 · Management $25,574$251,169
IX-23 InsurancePrograms $105,134 · Management $49,731 · Fundraising $790$155,655
IX-24 Other expenses (24a–d)Programs $269,314 · Management $63,306$332,620
IX-24e All other expensesPrograms $29,586 · Management $26,563$56,149
IX-25 Total functional expensesPrograms $2,048,198 · Management $1,365,286 · Fundraising $98,844$3,512,328
Part X · Balance sheet $73,844,090 assets, 17 lines filed
Asset lines not itemized here account for $10,000,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $618,817$26,921,096
X-2 Savings and temporary cash investmentsStart of year $496,878$7,126,056
X-4 Accounts receivableStart of year $87,825$203,050
X-9 Prepaid expenses and deferred chargesStart of year $35,531$273,207
X-10c Land, buildings and equipment, netStart of year $8,299,233$7,071,463
X-11 Publicly traded securitiesStart of year $24,244,258$19,401,151
X-12 Other securitiesStart of year $1,330,880$2,848,067
X-15 Other assetsStart of year $143,463$0
X-16 Total assetsStart of year $35,264,849$73,844,090
X-17 Accounts payable and accrued expensesStart of year $296,930$191,331
X-19 Deferred revenue$35,000
X-25 Other liabilitiesStart of year $1,587,754$0
X-26 Total liabilitiesStart of year $1,884,684$226,331
X-27 Net assets without donor restrictionsStart of year $33,259,023$73,496,617
X-28 Net assets with donor restrictionsStart of year $121,142$121,142
X-32 Total net assets or fund balancesStart of year $33,380,165$73,617,759
X-33 Total liabilities and net assetsStart of year $35,264,849$73,844,090
Part XI · Reconciliation of net assets $73,617,759 net assets at year end
XI-1 Total revenue$47,496,866
XI-2 Total expenses$3,512,328
XI-3 Revenue less expenses$43,984,538
XI-4 Net assets at start of year$33,380,165
XI-5 Net unrealized gains (losses) on investments−$3,713,988
XI-6 Donated services and use of facilities−$32,956
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$73,617,759

Form 990 e-file (XML) FY2022 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

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.