Palos Verdes Art Center Beverly G Alpay Center For Arts Education is a 501(c)(3) organization based in Rch Palos Vrd, California, registered in 1964, with $2,233,638 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$2.2M
▼ 4.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$2.3M
Net assets
$12.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Palos Verdes Art Center Beverly G Alpay Center For Arts Education— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Palos Verdes Art Center Beverly G Alpay Center For Arts Education: 64 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Palos Verdes Art Center Beverly G Alpay Center For Arts Education— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Palos Verdes Art Center Beverly G Alpay Center For Arts Education: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.9M (FY2013) to $2.2M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-4.4%
Spent more than it raised in the latest fiscal year.
Total assets
$13.3M
Total liabilities
$736K
Net assets
$12.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,233,638▼4.8% | $2,332,396▲1.2% | $12,520,126▲3.7% | $13,256,195▲3.5% | 990 |
| 2022 | $2,346,378▼3.7% | $2,304,939▲15.0% | $12,068,969▲3.9% | $12,806,665▲3.2% | 990 |
| 2021 | $2,436,887▼25.6% | $2,004,955▲7.8% | $11,612,704▼3.5% | $12,412,294▼6.7% | 990 |
| 2020 | $3,276,313▲380% | $1,860,405▲1.1% | $12,037,513▲26.2% | $13,310,547▲31.8% | 990 |
| 2019 | $682,384▼58.0% | $1,840,215▼19.0% | $9,536,255▼10.4% | $10,101,783▼6.7% | 990 |
| 2018 | $1,624,925▼29.3% | $2,272,911▼10.9% | $10,642,909▼4.3% | $10,829,323▼3.9% | 990 |
| 2017 | $2,299,182▼18.3% | $2,551,634▼12.6% | $11,115,711▼0.2% | $11,269,760▲0.1% | 990 |
| 2016 | $2,815,110▲14.6% | $2,918,920▲0.2% | $11,140,336▲3.4% | $11,258,259▲3.0% | 990 |
| 2015 | $2,455,891▲27.2% | $2,914,161▲24.9% | $10,769,897▼10.4% | $10,928,063▼13.1% | 990 |
| 2013 | $1,930,957 | $2,332,402▼15.4% | $12,021,104▲2.2% | $12,573,254▲5.6% | 990 |
| 2012 | — | $2,756,105 | $11,757,598 | $11,907,074 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
11 grants to Palos Verdes Art Center Beverly G Alpay Center For Arts Education totaling $1.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2023 | $13,010 |
| California Community Foundation | Arts | 2022 | $20,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $5,000 |
| California Community Foundation | Arts | 2021 | $20,000 |
| California Community Foundation | Arts | 2020 | $1,000,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $5,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $5,000 |
| California Community Foundation | Management support arts | 2017 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $101,000 |
| National Philanthropic Tr | Culture & arts | 2016 | $10,000 |
| National Philanthropic Tr | Culture & arts | 2015 | $6,700 |
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Data for Palos Verdes Art Center Beverly G Alpay Center For Arts Education (EIN 95-2270012) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.