Arts, Culture & Humanities
(A250)
IRS Verified
DX Registered
990 on File
VENICE ARTS
Financial strength (30%)
74/100
Reliability (20%)
55/100
Effectiveness (25%)
97/100
Impact (25%)
60/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Founded in 1993, Venice Arts’ mission is to ignite, expand and transform the lives of Los Angeles’ low-income youth through photography and film education, and to use participatory storytelling practices to amplify the voices of underrepresented communities around the world. This mission grew out of our founding dream: to establish a vibrant media-based neighborhood arts center, open to the whole community, but with a core commitment to nurturing creativity and possibility in the lives of low-income young people. We do this by building creative equity for low-income youth through media arts education, advanced studies, college success, and creative career pathway programs.
Financial Overview — FY 2024
$1.7M
Total Revenue
$1.8M
Total Expenses
N/A
Net Assets
43
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
N/A
Fundraising Efficiency
34.7%
Operating Reserve
N/A
Liability-to-Asset
56.3%
Revenue Diversification
N/A
Executive Compensation
$120K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
34.7% | 240.4% |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
56.3% | 10.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
7.7% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
15.7% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-4.8% | -0.5% |
P10P90
|
Impact
2 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Younger students win awards, graduate high school, 95% go on to college. | 540 | $900.00 | — | Lifetime |
| Young adults learn skills and are placed in jobs, apprenticeships, and internships. | 556 | $1,100.00 | — | Lifetime |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.7M | $1.8M | N/A | — | 43 |
| 2023 | $1.6M | $1.6M | $968K | 75.1% | 66 |
| 2022 | $1.7M | $1.3M | $929K | 76.1% | 54 |
| 2021 | $1.8M | $955K | N/A | — | 32 |
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