2024-05-15T09:53:02-07:00 2023-12-31 680260103 REGALIA & ASSOCIATES CPAS 103 TOWN COUNTRY DR STE K DANVILLE CA 94526 990 2023-01-01 823947930 Vital Arts Inc VITA 4152280281 1831 Solano Avenue 7612 Berkeley CA 94707 Edwin Bernbaum PhD President 4152280281 2024-05-15 true Edwin Bernbaum 999009999 true Douglas W Regalia P00186389 9253140390 2 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z Edwin Bernbaum PhD 1831 Solano Avenue 7612 Berkeley CA 94707 134693 false X www.vitalarts.org X 2017 CA Vital Arts honors the victims of the Ghost Ship fire by ensuring access to safe, affordable spaces for artists to live, work and perform. 8 8 2 0 147093 133985 6204 704 2 4 0 153299 134693 0 0 20582 61586 0 26889 128707 81566 149289 143152 4010 -8459 160309 145550 6300 0 154009 145550 X Vital Arts envisions a world in which groundbreaking arts and culture that are essential for the continued health and vitality of society at large are recognized and cultivated. We seek to bring this about by implementing [continued on Schedule O] false false 60045 704 Collaborate with other agencies on projects that prevent displacement and loss of artist space in the Bay Area, including a revolving safety loan fund, fostering education and awareness of compliance issues with life/safety codes, and development of paths and options for artists seeking ownership. Act as a responsive connector for artists, organizations, government officials and property owners seeking solutions to art space issues. Participate in networks; disseminate informational resources and models. Represent the needs of artists with public agencies for development of and inclusion in policies and funding to stabilize and support the continuing presence and vitality of artists in the region. 60045 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 4 0 true 2 true false false false false false false false 0 false false false false false false false X 8 8 true false false false false false false true true false false true true true true true true true true false CA X X X Sharmi Basu 4152280281 1831 Solano Avenue 7612 Berkeley CA 94707 X Edwin Bernbaum PhD President 5.00 0.00 X X 0 0 0 Beth Jay Secretary 3.00 0.00 X X 0 0 0 Amir Massih Treasurer 1.00 0.00 X X 0 0 0 Steven Berger Director 3.00 0.00 X 0 0 0 Diane Bernbaum Director 5.00 0.00 X 0 0 0 Amanda Bornstein Director 0.00 0.00 X 0 0 0 Marcial Chao Director 1.00 0.00 X 0 0 0 Jason Vargas Director 0.00 0.00 X 0 0 0 0 false false false 0 133985 133985 Opportunity Loan Interest 711300 704 704 704 4 4 0 0 0 0 0 0 0 0 134693 704 4 0 0 0 0 0 0 54455 27227 21782 5446 0 2030 1015 812 203 5101 2551 2040 510 65000 26000 22750 16250 0 4058 4058 0 0 0 5800 2400 1920 1480 221 221 1166 1166 127 127 0 105 105 160 160 0 0 0 0 0 1095 1095 FUNDRAISING EXPENSES 3000 3000 Program Expenses 500 500 Postage and Shipping 247 247 Printing and Publications 87 87 0 143152 60045 56218 26889 85884 83367 28836 45227 0 15020 11833 0 0 0 0 0 0 0 0 0 0 30569 5123 160309 145550 6300 6300 0 X 151699 143240 2310 2310 154009 145550 160309 145550 -8459 X false false false X 122707 129775 147093 133985 533560 0 0 122707 129775 147093 133985 533560 172702 360858 4 4 0 658 658 534222 18147 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: Organization's Mission [continued from Form 990 Page 2 Part III Line1]----------------------------------------------------------------------projects to meet the needs of low and moderate-income artists in the Bay Area.We believe that if we are successful, our efforts to preserve and support a strong innovative creative arts community can provide models and seeds that can be replicated nationally and internationally. The Ghost Ship fire in Oakland highlights the tragic human price that rising rents and housing costs, and increasingly scarce safe spaces can extract. Artists driven to create and drawn to a community of like-minded individuals should not be expected to pay an unthinkable price, nor should those who love them. Form 990, Part VI, Section A, Line 2 Edwin Bernbaum, Board President, is married to Diane Bernbaum, Director. Form 990, Part VI, Section B, Line 11b Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service. Form 990, Part VI, Section B, Line 12c Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures. Form 990, Part VI, Section B, Line 15a Members of the board of directors review the compensation of all high-level personnel periodically in accordance with IRS rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with IRS guidelines and the organization's policies and procedures. Form 990, Part VI, Section B, Line 15b Compensation of other personnel and highly compensated employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files. Form 990, Part VI, Section C, Line 18 Tax returns are available for download from several websites and by request from the organization's office in Berkeley, California. Form 990, Part VI, Section C, Line 19 All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.