Overview
What is Los Angeles Sports & Entertainment Commission?
The Los Angeles Sports & Entertainment Commission (LASEC) is a nonprofit organization based in LOS ANGELES, California, specifically at 633 WEST FIFTH ST 1800. Their primary mission is to attract, secure, and support high-profile sports and entertainment events in LOS ANGELES. By bringing these events to the city, LASEC generates significant economic impact and opportunities for local businesses. Some major events LASEC has supported include the MLB All-Star Game 2022, Super Bowl 2022, College Football Playoff National Championship 2023, and the 123rd U.S. Open Championship. Furthermore, LOS ANGELES is set to host the 2026 FIFA Men's World Cup. LASEC's ChampionLA program focuses on events that positively impact the development of the region. With a team of 47 employees, LASEC plays a vital role in enhancing LOS ANGELES' reputation as a premier destination for major sports and entertainment events.
Official website here: www.lasec.net/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating
The Los Angeles Sports & Entertainment Commission has achieved an impressive 96% rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. This high score is attributed entirely to their exceptional performance in the Accountability & Finance beacon, showcasing the organization's dedication to responsible fiscal management.
The Commission boasts a fully independent board, with 98% of its members meeting this criterion, contributing to effective governance. Additionally, their financial oversight mechanisms are robust, as indicated by a perfect score for their audit and oversight committee. The organization has successfully implemented vital policies, including conflict of interest and whistleblower protections, ensuring ethical operations.
User feedback highlights the Commission's effective use of funds, with 96.49% directed toward program expenses. This dedication to maximizing programmatic spending underscores their focus on impact. However, there are no limitations or negative feedback noted in the data, affirming the organization's positive standing in the nonprofit community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Los Angeles Sports & Entertainment Commission?
92% of 13 reviewers on Facebook recommend the Los Angeles Sports & Entertainment Commission. The comments highlight their positive impact on the community, with an emphasis on the variety of events they organize.
Reviewers express gratitude for the organization's commitment to bringing people together and appreciate the team's engaging and responsive nature. The sense of community fostered by LASEC appears to resonate well with those who have participated in their events, indicating that they genuinely deliver on their promise of enhancing local experiences.
Overall, the sentiment surrounding LASEC is overwhelmingly positive, showcasing not only a well-managed organization but also a heartfelt connection with community members looking forward to future collaborations.
This AI summary has been generated from reviews found on Facebook.
Is Los Angeles Sports & Entertainment Commission legitimate?
Los Angeles Sports & Entertainment Commission is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles Sports & Entertainment Commission submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $635,155
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,744,438
For more financial information, click here
Official website here: www.lasec.net/
What is the mission statement of Los Angeles Sports & Entertainment Commission?
The Los Angeles Sports & Entertainment Commission is dedicated to bringing major sports and entertainment events to a city. By attracting and securing these high-profile events, the organization aims to leave a lasting positive impact on the host community. The economic impact of such events is substantial, generating hundreds of millions of dollars and providing opportunities for local businesses. The Commission has launched an initiative called ChampionLA to support upcoming events positively influencing the region's development. Some major events include the MLB All-Star Game 2022, Super Bowl 2022, College Football Playoff National Championship 2023, and the 123rd U.S. Open Championship. Los Angeles is also hosting the 2026 FIFA Men's World Cup.
Official website here: www.lasec.net/
Who is the CEO of Los Angeles Sports & Entertainment Commission?
Kathryn Schloessman is the President And Ceo of Los Angeles Sports & Entertainment Commission. The CEO's salary of Los Angeles Sports & Entertainment Commission is $363,795 and their total compensation is $409,822.
Official website here: www.lasec.net/
What is the revenue of Los Angeles Sports & Entertainment Commission?
Los Angeles Sports & Entertainment Commission's revenue in 2022 was $32,023,702.
Official website here: www.lasec.net/
Who are the executives of Los Angeles Sports & Entertainment Commission and what are their salaries?
The average compensation at Los Angeles Sports & Entertainment Commission during 2022 was $50,630. There are 47 employees and 75 volunteers at Los Angeles Sports & Entertainment Commission.
Here are 56 key members and their salaries (Los Angeles Sports & Entertainment Commission's CEO's salary is $363,795 and their total compensation is $409,822):
- Compensation: $363,795
- Related: $0
- Other: $46,027
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $224,039
- Related: $0
- Other: $1,293
- Compensation: $187,437
- Related: $0
- Other: $11,729
- Compensation: $170,279
- Related: $0
- Other: $29,471
- Compensation: $175,302
- Related: $0
- Other: $11,872
Official website here: www.lasec.net/
Where can I find the form 990 for Los Angeles Sports & Entertainment Commission?
Los Angeles Sports & Entertainment Commission's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lasec.net/
Learn more at the official website: www.lasec.net/
Mission Statement of Los Angeles Sports & Entertainment Commission
The Los Angeles Sports & Entertainment Commission, or LASEC, is a dynamic organization that works tirelessly to bring major sports and entertainment events to the city. Its primary mission is to attract, secure, and support high-profile events in Los Angeles, leaving a lasting positive impact on the host city.
LASEC's initiatives generate significant economic benefits, with major events generating hundreds of millions of dollars in economic impact and creating opportunities for local businesses. LASEC's portfolio includes high-profile events such as the MLB All-Star Game 2022, Super Bowl 2022, College Football Playoff National Championship 2023, and the 123rd U.S. Open Championship. The organization's reach extends beyond sports, as Los Angeles is also a host city for the 2026 FIFA Men's World Cup.
LASEC's commitment to the city does not stop at event acquisition. The organization also supports upcoming events that positively impact the region through its ChampionLA program. This program emphasizes the importance of major events in fostering development and growth within the hosting community. With a rich history of successful events, LASEC continues to elevate Los Angeles as a premier destination for sports and entertainment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Los Angeles Sports & Entertainment Commission (LASEC) plays a crucial role in enhancing the city’s profile as a premier destination for major sporting and entertainment events. By collaborating with the City and County of Los Angeles, LASEC has successfully attracted high-profile events that significantly contribute to the local economy and community development.
Programs like ChampionLA have been created to support upcoming events, ensuring they make a positive impact on the region. Notable events such as the MLB All-Star Game 2022, Super Bowl 2022, College Football Playoff National Championship 2023, and the 123rd U.S. Open Championship exemplify LASEC’s success in bringing large-scale events to Los Angeles. Furthermore, the city is set to host the 2026 FIFA Men's World Cup, showcasing its capacity to host international events.
The economic impact of these major events is substantial, generating hundreds of millions of dollars and creating opportunities for local businesses. Through concerted efforts to secure and support these high-profile occasions, LASEC not only promotes sports and entertainment but also fosters growth and development within the Los Angeles region.
This information is meant to be a general summary of Los Angeles Sports & Entertainment Commission. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,812
- Program Service Revenue: $8,846,027
- Gross Receipts: $32,183,077
Assets and Liabilities:
- Total Assets: $16,989,455
- Total Liabilities: $2,114,244
- Net Assets: $14,875,211
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COOPERATIVE PROGRAMS
Revenue
$8,621,547
SERVICE FEE REVENUE
Revenue
$224,480
Organization Details
Founding Year
1995
Phone
(213) 236-2381Principal Officer
Kathryn Schloessman
Main Address
633 WEST FIFTH ST 1800, LOS ANGELES, CA, 90071
Website
www.lasec.net/NTEE Category
Code: N60 - Recreation
If you are a representative of Los Angeles Sports & Entertainment Commission and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.