Nonprofit · EIN 86-2060264
LIVE OUT L VE FOUNDATION INC
Tax-exempt · SHERMAN OAKS, CA 91403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $39,755 | $45,740 | -$5,985 | $74,085 | – | $74,085 |
| December 31, 2023 | 990-EZ | $40,151 | $45,829 | -$5,678 | $80,070 | – | $80,070 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $39,754
- Investment income
- $1
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $41,274
- Other expenses
- $4,466
- Program services (functional)
- $82,489
Balance sheet and other
- Total assets, start of year
- $80,070
- Total assets, end of year
- $74,085
- Total liabilities, end of year
- –
- Net assets, end of year
- $74,085
- Cash, savings and investments
- $74,085
- Gross receipts
- $39,755
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CANDACE NEWTON | President | 0 | $0 |
| THELA THATCH | Secretary | 0 | $0 |
| ANGELA JOLLIVETTE | CFO | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CANDACE NEWTON | President | 0 | $0 |
| THELA THATCH | Secretary | 0 | $0 |
| ANGELA JOLLIVETTE | CFO | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 15222 1-4 DICKENS ST, SHERMAN OAKS, CA 91403-0000
- In care of
- % CANDACE NEWMAN
- Mailing address (990-N for 2023)
- 15222 1/4 DICKENS ST, SHERMAN OAKS CA 91403
- Principal officer (990-N for 2023)
- CANDACE NEWMAN, 15222 1/4 DICKENS ST, SHERMAN OAKS CA 91403
- Signed the 990-EZ
- CANDACE NEWMAN, President
- Phone
- (310) 956-0601
- Return prepared by
- OGUNNAIKE & ASSOCIATES
California records
California keeps its own records of charities and corporations. Search them by EIN 86-2060264 or by the name LIVE OUT L VE FOUNDATION INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
WE EXIST TO BRING PATHWAYS TO INCLUSIVITY IN THE LIVE ENTERTAINMENT INDUSTRY. OUR MAIN ACT IS TO SET THE STAGE AND LIGHT IT WITH RESOURCES, EDUCATION, AND OPPORTUNITIES FOR BLACK, LATINX, AND UNDERREPRESENTED TEENS AND YOUNG ADULTS TO PURSUE CAREERS IN TOURING AND BOOKING.
Program accomplishments
- WORK OPPORTUNTIES: JOB SHADOW PROGRAM AND COLLEGE INTERNSHIPS
- MENTORSHIP PROGRAMS: BEYOND THE MAINSTAGE PARTNERSHIP WITH GRAMMY MUSEUM AND 3-MONTH ONE ON ONE VIRTUAL MENTORSHIP PROGRAMS
- WORKSHOPS: TOURING 360 AND LIVE MUSIC BUSINESS WORKSHOP
- SET THE STAGE BENEFIT CONCERTExpenses $82,489
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 86-2060264
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Public and societal benefit (W70)
- Assets (IRS master file)
- $74,085
- Income (IRS master file)
- $39,755
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $39,755 | $45,740 | $74,085 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-N for 2023 Officer: CANDACE NEWMAN | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2023 | $40,151 | $45,829 | $80,070 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $236,207 | $145,863 | $90,344 | IRS |
| 990-N for 2021 Officer: CANDACE NEWMAN | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-2060264).
Questions about LIVE OUT L VE FOUNDATION INC
- What is the EIN of LIVE OUT L VE FOUNDATION INC?
- The employer identification number (EIN) of LIVE OUT L VE FOUNDATION INC is 86-2060264.
- Is LIVE OUT L VE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to LIVE OUT L VE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIVE OUT L VE FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LIVE OUT L VE FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIVE OUT L VE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of LIVE OUT L VE FOUNDATION INC?
- The 990-N for 2023 names CANDACE NEWMAN.
- Who are the officers and directors of LIVE OUT L VE FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does LIVE OUT L VE FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $39,755, expenses of $45,740 and total assets of $74,085 at year end.
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