I don't know all about the Sunset Junction Neighborhood Alliance's financial business, but it seems suspicious that their president Michael McKinley has reported every year on their recent tax filings that he works 40 hours a week for the organization for zero compensation. He must be an independently wealthy saint, or there's something else they're not reporting. 

It's also interesting to note that SJNA's filing indicate that they ended 2009 with only $4,023 in the bank. You'd think that they would have been able to make more profit during all those years when they lied to the city on their permit application about being a donations-suggested, open-to-the-public event, even as they were forcing people to pay before getting through their chain-link fences. The 2009 form does say that they made $569,134 in revenue from the festival and spent $397,261 in expenses for the festival, so they came away with $171,873 in festival profit that year.

Here are the latest filings from the organization, via Guidestar.com, so you can check them out for yourself. 

2009 IRS Form 990
2008 IRS Form 990
2007 IRS Form 990

Lastly, people who bought advance tickets to the festival are having trouble getting refunds. Fun!

i spotted this flier at big mac's liquor last night and took a picture of
it on my blackberry so i would have all the info, and then i realized that
it might be of interest to other silver lake residents as well.
 
the silver lake neighborhood council is holding a community meeting on
saturday, april 18 at 11 am to discuss a proposed mixed use development
for 94 rental units, a restaurant and retail on sunset junction at 4000
sunset blvd.
 
i'm really interested in going to this meeting, but i will be out of town
that weekend, and most of my friends will be at coachella.
 
i support bringing good businesses and living spaces to silver lake but am
worried that the developer will build something too garish/commercial. i
want our area to remain a real neighborhood (even though a spa is coming
next to my apartment, which will be weird).
 
if you end up going please let me know what you find out!
 
here is the copy from the flier in case you have problems reading the photo:
 
 
Dear Neighbor,
 
The Silver Lake Neighborhood Council
Invites you to attend
 
Community Meeting / Open House
Saturday, April 18
11:00 AM
Location: The parking lot on Santa Monica between Sanborn and Manzanita,
across from Jiffy Lube
 
Regarding 4000 Sunset Blvd. (Sunset Junction)
Proposed mixed use development for 94 rental units, a restaurant and retail
 
The Developer and the Architect will present the project and be available
to answer your questions!
 
Questions to the Developer: 4000sunset@frostchaddock.com