45Th Street Artists Cooperative

Emeryville, CA   |  WWW.EMERYVILLEARTISTSCOOP.ORG

Mission

THE PURPOSE OF THIS CORPORATION IS TO PROVIDE ITS MEMBERS WITH PERMANENTLY AFFORDABLE HOUSING AND ARTIST'S STUDIO SPACE ON A NONPROFIT LIMITED-EQUITY COOPERATIVE BASIS, CONSONANT WITH THE PROVISIONS OF THE NONPROFIT PUBLIC BENEFIT CORPORATION LAW, CORPORATIONS CODE SECTION 5110 ET. SEQ., HEALTH AND SAFETY CODE SECTION 33007.5 AND WITH THE PROVISIONS SET FORTH IN ITS ARTICLES OF INCORPORATION. THIS HOUSING IS INTENDED TO SERVE PRIMARILY ARTISTS, AT LEAST 51% OF WHOM HAVE INCOMES AT OR BELOW 80% OF AREA MEDIAN INCOME AND 49% OF WHOM HAVE INCOMES AT OR BELOW 120% OF AREA MEDIAN INCOMES.

Ruling year info

1986

Principal Officer

JAMES MORRIS

Main address

1420 45th St

Emeryville, CA 94608

EIN

94-2990342

NTEE code info

Arts Service Activities/Organizations (A90)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

What we aim to solve

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Our programs

SOURCE: IRS Form 990

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

THE PURPOSE OF THIS CORPORATION IS TO PROVIDE ITS MEMBERS WITH PERMANENTLY AFFORDABLE HOUSING AND ARTIST'S STUDIO SPACE ON A NONPROFIT LIMITED-EQUITY COOPERATIVE BASIS, CONSONANT WITH THE PROVISIONS OF THE NONPROFIT PUBLIC BENEFIT CORPORATION LAW, CORPORATIONS CODE SECTION 5110 ET. SEQ., HEALTH AND SAFETY CODE SECTION 33007.5 AND WITH THE PROVISIONS SET FORTH IN ITS ARTICLES OF INCORPORATION. THIS HOUSING IS INTENDED TO SERVE PRIMARILY ARTISTS, AT LEAST 51% OF WHOM HAVE INCOMES AT OR BELOW 80% OF AREA MEDIAN INCOME AND 49% OF WHOM HAVE INCOMES AT OR BELOW 120% OF AREA MEDIAN INCOMES.

Expenses
$368,244
Revenue
$447,133

THE 45TH STREET ARTISTS' COOPERATIVE'S YOUTH ART PROGRAM PROVIDES TEACHERS, MATERIALS, AND INSTRUCTION IN THE ARTS TO THE EMERY UNIFIED SCHOOL DISTRICT. IN THE WAKE OF PROPOSITION 13 AND THEN THE SUBSEQUENT DISTRICT BUDGET CUTS,THE ARTS WERE ON THE CHOPPING BLOCK AND THE 45TH STREET ARTISTS' COOPERATIVE STEPPED IN TO FILL THE VOID. AFTER THREE DECADES, THE PROGRAM CONTINUES TO ENJOY SUCCESS.

Expenses
$622
Revenue
$250

Where we work

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Financials

45Th Street Artists Cooperative
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Operations

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This organization has no recorded board members.