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Studio City Business Improvement Association

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Community, Neighborhood Development, Improvement (General) (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$528k (2024)

Expenses
$535k (2024)

Total Assets
$74.1k (2024)

Total Liabilities
$27.5k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$528,388
Expenses
$535,074
Net Income
-$6,686
Net Assets
$46,539
Notable Sources of Revenue Percent of Total Revenue
Contributions $39,500
7.5%
Program Services $483,596
91.5%
Investment Income $5,292
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $81,856
15.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $74,055
Total Liabilities $27,516
Net Assets $46,539
Compensation
Key Employees and Officers Compensation Related Other
Vicki Nussbaum (Executive Dir.) $81,856 $0 $0
Dean Cutler (President) $0 $0 $0
Mike Sitkin (Vice President) $0 $0 $0
Gilbert Stayner (Secretary/Treas) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$447,597
Expenses
$553,689
Net Income
-$106,092
Net Assets
$53,225
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $444,217
99.2%
Investment Income $3,380
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $73,700
13.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $73,930
Total Liabilities $20,705
Net Assets $53,225
Compensation
Key Employees and Officers Compensation Related Other
Vicki Nussbaum (Executive Dir.) $73,700 $0 $0
Dean Cutler (President) $0 $0 $0
Mike Sitkin (Vice President) $0 $0 $0
Gilbert Stayner (Secretary/Treas) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$583,280
Expenses
$469,347
Net Income
$113,933
Net Assets
$159,317
Notable Sources of Revenue Percent of Total Revenue
Contributions $49,200
8.4%
Program Services $530,796
91.0%
Investment Income $3,284
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $67,000
14.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $180,022
Total Liabilities $20,705
Net Assets $159,317
Compensation
Key Employees and Officers Compensation Related Other
Vicki Nussbaum (Executive Dir.) $67,000 $0 $0
Dean Cutler (President) $0 $0 $0
Mike Sitkin (Vice President) $0 $0 $0
Gilbert Stayner (Secretary/Treas) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$402,750
Expenses
$485,181
Net Income
-$82,431
Net Assets
$45,384
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $400,715
99.5%
Investment Income $2,035
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $67,000
13.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $66,089
Total Liabilities $20,705
Net Assets $45,384
Compensation
Key Employees and Officers Compensation Related Other
Vicki Nussbaum (Executive Dir.) $67,000 $0 $0
Dean Cutler (President) $0 $0 $0
Mike Sitkin (Vice President) $0 $0 $0
Gilbert Stayner (Secretary/Treas) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$512,771
Expenses
$423,215
Net Income
$89,556
Net Assets
$114,808
Notable Sources of Revenue Percent of Total Revenue
Contributions $512,771
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $73,941
17.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $127,815
Total Liabilities $13,007
Net Assets $114,808
Compensation
Key Employees and Officers Compensation Related Other
Dean Cutler (President) $0 $0 $0
Mike Sitkin (Vice President) $0 $0 $0
Gilbert Stayner (Secretary/Treas) $0 $0 $0
Vivki Nussbaum (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$441,668
Expenses
$662,087
Net Income
-$220,419
Net Assets
$25,252
Notable Sources of Revenue Percent of Total Revenue
Contributions $441,668
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
9.1%
Professional Fundraising Fees $0
Other Salaries and Wages $10,547
1.6%
Assets/Debt
Total Assets $25,252
Total Liabilities $0
Net Assets $25,252
Compensation
Key Employees and Officers Compensation Related Other
Vivki Nussbaum (Executive Director) $60,000 $0 $0
Dean Cutler (President) $0 $0 $0
Mike Sitkin (Vice President) $0 $0 $0
Gilbert Stayner (Secretary/Treas) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$478,826
Expenses
$452,974
Net Income
$25,852
Net Assets
$245,671
Notable Sources of Revenue Percent of Total Revenue
Contributions $478,826
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
13.2%
Professional Fundraising Fees $0
Other Salaries and Wages $45,315
10.0%
Assets/Debt
Total Assets $246,632
Total Liabilities $961
Net Assets $245,671
Compensation
Key Employees and Officers Compensation Related Other
John Walker (Executive Director) $60,000 $0 $0
Tony Richman (President) $0 $0 $0
Ben Di Benedetto (Vice President) $0 $0 $0
Patrick Parhami (Treasurer) $0 $0 $0
Gilbert Stayner (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$433,318
Expenses
$439,870
Net Income
-$6,552
Net Assets
$219,820
Notable Sources of Revenue Percent of Total Revenue
Contributions $433,318
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
13.6%
Professional Fundraising Fees $0
Other Salaries and Wages $48,844
11.1%
Assets/Debt
Total Assets $220,455
Total Liabilities $635
Net Assets $219,820
Compensation
Key Employees and Officers Compensation Related Other
John Walker (Executive Director) $60,000 $0 $0
Tony Richman (President) $0 $0 $0
Ben Di Benedetto (Vice President) $0 $0 $0
Patrick Parhami (Treasurer) $0 $0 $0
Gilbert Stayner (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$439,414
Expenses
$462,888
Net Income
-$23,474
Net Assets
$226,373
Notable Sources of Revenue Percent of Total Revenue
Contributions $439,414
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
13.0%
Professional Fundraising Fees $0
Other Salaries and Wages $53,351
11.5%
Assets/Debt
Total Assets $226,373
Total Liabilities $0
Net Assets $226,373
Compensation
Key Employees and Officers Compensation Related Other
John Walker (Executive Director) $60,000 $0 $0
Alfredo Annino (Board Member) $0 $0 $0
Dean Cutler (Board Member) $0 $0 $0
Stephen Chavez (Board Member) $0 $0 $0
Matthew Dunn (Board Member) $0 $0 $0
Scott Frager (Board Member) $0 $0 $0
Mikayel Israyelyan (Board Member) $0 $0 $0
Frank Leon (Board Member) $0 $0 $0
Ben Neumann (Board Member) $0 $0 $0
Joseph Sitkin (Board Member) $0 $0 $0
Mike Sitkin (Board Member) $0 $0 $0
Barry Wise (Board Member) $0 $0 $0
Donna Stern (Board Member) $0 $0 $0
Tony Richman (President) $0 $0 $0
Ben Di Benedetto (Executive V.P.) $0 $0 $0
Patrick Parhami (Treasurer) $0 $0 $0
Gilbert Stayner (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$569,892
Expenses
$403,911
Net Income
$165,981
Net Assets
$249,847
Notable Sources of Revenue Percent of Total Revenue
Contributions $569,892
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $92,235
22.8%
Assets/Debt
Total Assets $249,847
Total Liabilities $0
Net Assets $249,847
Compensation
Key Employees and Officers Compensation Related Other
Tony Richman (President) $0 $0 $0
Ben Di Benedetto (Executive V.P.) $0 $0 $0
Patrick Parhami (Treasurer) $0 $0 $0
Gilbert Stayner (Secretary) $0 $0 $0
Alfredo Annino (Board Member) $0 $0 $0
Dean Cutler (Board Member) $0 $0 $0
Stephen Chavez (Board Member) $0 $0 $0
Matthew Dunn (Board Member) $0 $0 $0
Scott Frager (Board Member) $0 $0 $0
Mikayel Israyelyan (Board Member) $0 $0 $0
Frank Leon (Board Member) $0 $0 $0
Ben Neumann (Board Member) $0 $0 $0
Joseph Sitkin (Board Member) $0 $0 $0
Mike Sitkin (Board Member) $0 $0 $0
Barry Wise (Board Member) $0 $0 $0
Donna Stern (Board Member) $0 $0 $0
John Walker () $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$195,845
Expenses
$307,287
Net Income
-$111,442
Net Assets
$83,866
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,000
2.6%
Program Services $190,845
97.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $52,365
17.0%
Professional Fundraising Fees $0
Other Salaries and Wages $7,131
2.3%
Assets/Debt
Total Assets $83,866
Total Liabilities $0
Net Assets $83,866
Compensation
Key Employees and Officers Compensation Related Other
Lorena Parker () $52,365 $0 $0
Tony Richman (President) $0 $0 $0
Ben Di Benedetto (Executive V.P.) $0 $0 $0
Patrick Parhami (Treasurer) $0 $0 $0
Gilbert Stayner (Secretary) $0 $0 $0
Alfredo Annino (Board Member) $0 $0 $0
Dean Cutler (Board Member) $0 $0 $0
Stephen Chavez (Board Member) $0 $0 $0
Matthew Dunn (Board Member) $0 $0 $0
Scott Frager (Board Member) $0 $0 $0
Mikayel Israyelyan (Board Member) $0 $0 $0
Frank Leon (Board Member) $0 $0 $0
Ben Neumann (Board Member) $0 $0 $0
Joseph Sitkin (Board Member) $0 $0 $0
Mike Sitkin (Board Member) $0 $0 $0
Barry Wise (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$327,700
Expenses
$267,980
Net Income
$59,720
Net Assets
$195,308
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $327,700
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $53,479
20.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $195,308
Total Liabilities $0
Net Assets $195,308
Compensation
Key Employees and Officers Compensation Related Other
Lorena Parker (Executive Dir.) $53,479 $0 $0
Tony Richman (President) $0 $0 $0
Ben Di Benedetto (Vice President) $0 $0 $0
Alfredo Annino (Director) $0 $0 $0
Dean Cutler (Director) $0 $0 $0
Matthew C Dunn (Director) $0 $0 $0
Mikayel Israyelyan (Director) $0 $0 $0
Ben Neumann (Director) $0 $0 $0
Patrick Parhami (Treasurer) $0 $0 $0
Gilbert Stayner (Secretary) $0 $0 $0
Joseph Sitkin (Director) $0 $0 $0
Barry Wise (Director) $0 $0 $0
Maurice Safizadeh (Director) $0 $0 $0
Mike Sitkin (Director) $0 $0 $0
Ray Franco (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$263,816
Expenses
$332,562
Net Income
-$68,746
Net Assets
$135,588
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,000
1.9%
Program Services $258,712
98.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $104
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $53,479
16.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $135,588
Total Liabilities $0
Net Assets $135,588

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$261,777
Expenses
$315,615
Net Income
-$53,838
Net Assets
$204,334
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $261,777
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $53,479
16.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $204,334
Total Liabilities $0
Net Assets $204,334

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

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