2026-03-12T14:58:42-04:00 2024-12-31 475278347 ALLISON & GIBB LLP 31351 VIA COLINAS STE 202 WESTLAKE VILLAGE CA 913624561 990PF 2024-01-01 830722419 ARTLIFE ARTL 8057602396 PO BOX 23020 VENTURA CA 93001 CATHERINE BARROCA PRESIDENT 8057602396 2026-02-09 true true LISA A ALLISON P01971329 8183946689 2026-03-12 2024 2025-03-06 01:10:19Z X X 1300008 X X 1336 1336 17504 17504 202653 928569 202653 20614 20614 242107 242107 5000 2500 2500 3006 3006 613 613 11053 8753 2300 25 25 6221 6221 22282 16263 48200 17499 24682 0 0 48200 17499 24682 193907 224608 4731 645085 645085 577497 619454 619454 30830 35469 35469 442783 1055841 1300008 1300008 0 X 1055841 1300008 1055841 1300008 1055841 1300008 1055841 193907 50260 1300008 1300008 LAND - HOWARD ST D 2020-12-31 2024-12-05 435500 350437 85063 85063 HOUSE - HOWARD ST D 2020-12-31 2024-12-05 234500 36111 165507 105104 105104 RBC CAPITAL MARKETS P 2024-01-01 2024-12-31 91513 89376 2137 2137 RBC CAPITAL MARKETS P 2022-01-01 2024-12-31 165744 156707 9037 9037 202653 2137 3122 3122 3122 X 8 3130 false false false false false false false true true CA true false false false false true N/A JEANNE LAROCCO 8057602396 PO BOX 23020 VENTURA CA 93002 false false false false true false false false false false false false false false false false false false false false false CATHERINE BARROCA PO BOX 23020 VENTURA CA 93002 PRESIDENT 15.00 5000 0 0 JONELL MCLAIN PO BOX 23020 VENTURA CA 93002 SECRETARY 1.00 0 0 0 JONE PENCE PO BOX 23020 VENTURA CA 93002 TREASURER 8.00 0 0 0 FRIDAY GRETCHEN PO BOX 23020 VENTURA CA 93002 DIRECTOR 1.00 0 0 0 JEANNE LAROCCO PO BOX 23020 VENTURA CA 93002 VP/COLLECTIO 15.00 0 0 0 LYNNE OKUM PO BOX 23020 VENTURA CA 93002 BOARD MEMBER 1.00 0 0 0 RYAN CARR PO BOX 23020 VENTURA CA 93002 BOARD MEMBER 0.00 0 0 0 INES MONGUIO PO BOX 23020 VENTURA CA 93002 BOARD MEMBER 1.00 0 0 0 NONE NONE N/A 36663 644439 629305 1310407 1310407 19656 1290751 64538 64538 3122 3122 61416 61416 61416 24682 24682 61416 3884 24682 3884 20798 40618 X 14 1336 14 17504 18 202653 SALE OF ART ITEMS 5 20614 242107 242107 11B NET REVENUE FROM ESTATE SALE false false false false false false false false false false ACCOUNTING FEES 613 613 SECURITIES HELD AT RBC WEALTH 619454 619454 COMMODITIES HELD AT RBC WEALTH FMV 35469 35469 BUILDING LAND LEGAL FEES 3006 3006 EXPENSES COLLECTIONS & EXHIBITIONS 7986 7986 BANK & MERCHANT FEES 184 184 SHIPPING & POSTAGE 1304 1304 OFFICE EXPENSE 645 645 INFORMATION TECHNOLOGY 1100 1100 INSURANCE EXPENSE 3426 3426 MISCELLANEOUS 1618 1618 INVESTMENT DEPRECIATION 6019 SALE OF ART ITEMS 20614 20614 UNREALIZED GAIN 50260 INVESTMENT FEES 6421 6421 ART PHOTOGRAPHY 2300 2300 CONTRACTORS 2332 2332 THE ORGANIZATION'S 2023 TAX RETURN HAD TO BE AMENDED DUE TO INCORRECT FORM 990-N POSTCARD FILED FOR THE DECEMBER 31, 2023 TAX PERIOD. IN ADDITION, THE ORGANIZATION WAS ALSO AMENDED TO CONVERT FROM A PUBLIC CHARITY (FORM 990) TO A PRIVATE FOUNDATION (FORM 990-PF) AS THE ORGANIZATION FAILED TO QUALIFY AS A PUBLICLY-SUPPORTED ORGANIZATION UNDER THE SCHEDULE A PUBLIC SUPPORT TEST. DUE TO THE CONVERSION TO A PRIVATE FOUNDATION, THE ORGANIZATION IS NOW SUBJECT TO CERTAIN PRIVATE FOUNDATION LAWS AND EXCISE TAXES ON NET INVESTMENT INCOME. WHEN THE ORGANIZATION HIRED A CPA FIRM TO HANDLE THE TAX RETURN PREPARATION, IT WAS ALSO DETERMINED THAT ADDITIONAL ACCOUNTING ADJUSTMENTS WERE NECESSARY TO REPORT INVESTMENT INCOME AND ASSESS THE CORRECT VALUATION OF DONATED ASSETS FOR FINANCIAL STATEMENTS REPORTING, WHICH REQUIRED ADDITIONAL BOOKKEEPING AND RESEARCH TIME BEFORE THE 2023 AMENDED AND 2024 TAX RETURNS CAN BE COMPLETED AND FILED. AS A RESULT OF THE ABOVE CIRCUMSTANCES, THE ORGANIZATION WAS NOT ABLE TO TIMELY FILE THE 2024 TAX RETURN BY THE EXTENDED DEADLINE OF NOVEMBER 17, 2025. THEREFORE, WE REQUEST THE ABATEMENT OF ANY PENALTIES FOR LATE FILING THE 2024 TAX RETURN. FOREIGN TAX PAID 25 25