Civic Intelligence

1Stact Silicon Valley

EIN 77-0489520 • 501(c)3

38 W Santa Clara Street95113
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

46th percentile

0.04x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

No filing with officer or executive compensation is available for this organization yet.

Asset Growth

3rd percentile

-56%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$925,825

Down $1,197,857 (-56%) from 2011

Liabilities

Up

$40,759

Up $18,565 (+84%) from 2011

Net Assets

Down

$885,066

Down $1,216,422 (-58%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$2,360,707

Up $533,939 (+29%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $827,330Liabilities 2010: $43,159Net Assets 2010: $784,1712010Assets 2011: $2,123,682Liabilities 2011: $22,194Net Assets 2011: $2,101,4882011Assets 2012: $925,825Liabilities 2012: $40,759Net Assets 2012: $885,0662012

Highlighted filing

2012

Assets$925,825
Liabilities$40,759
Net Assets$885,066

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0Expenses 2010: $1,474,8292010Expenses 2011: $1,826,7682011Expenses 2012: $2,360,7072012

Highlighted filing

2012

Revenue-
Expenses$2,360,707
Net Income-

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Oct 1, 2013
Return Version
2012v2.1
Gross Receipts
$1,444,622
Mission and Program Overview

Major Activities

Activity 2
Cultural stewardship - supports and strengthens the arts and culture industry by providing a pipeline of leadership, strategic investment, marketing and branding, and capacity building. With well over 50 partner organizations and 150 leaders engaged, 1stact silicon valley's key projects include livesv, a technology platform for cultural engagement that replaced artspolis, a region-wide marketing campaign called discover the unexepected, the exploration of a shared arts space and services called creative center for the arts, and two leadership development programs called genarts and mali (multicultural arts leadership initiative). A memo of understanding has been signed with arts council silicon valley to carry on cultural stewardship as 1stact silcion valley completes its catalytic role. Mali has been embedded in the school of arts and culture at mhp.about 300,000 people benefited from this program.
Activity 3
Silicon valley creates - is an emerging initiative focused on children's engagement in the arts, exposure to the art and the exhibition of children's creations. Current programs being incubated include artspark, an arts sampler for third through sixth graders, an afterschool digital arts program for teens call the studio, a drumming program called buddaboom for elementary children from low income families and the creation of a school of arts & culture on the eastside of san jose.about 45,000 people benefited from this program.
Filing and Contact Details

Filer

EIN
77-0489520
Raw XML AppendixShowing 400 of 498 raw XML fields

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IRS990/Activity2/Description0CULTURAL STEWARDSHIP - SUPPORTS AND STRENGTHENS THE ARTS AND CULTURE INDUSTRY BY PROVIDING A PIPELINE OF LEADERSHIP, STRATEGIC INVESTMENT, MARKETING AND BRANDING, AND CAPACITY BUILDING. WITH WELL OVER 50 PARTNER ORGANIZATIONS AND 150 LEADERS ENGAGED, 1STACT SILICON VALLEY'S KEY PROJECTS INCLUDE LIVESV, A TECHNOLOGY PLATFORM FOR CULTURAL ENGAGEMENT THAT REPLACED ARTSPOLIS, A REGION-WIDE MARKETING CAMPAIGN CALLED DISCOVER THE UNEXEPECTED, THE EXPLORATION OF A SHARED ARTS SPACE AND SERVICES CALLED CREATIVE CENTER FOR THE ARTS, AND TWO LEADERSHIP DEVELOPMENT PROGRAMS CALLED GENARTS AND MALI (MULTICULTURAL ARTS LEADERSHIP INITIATIVE). A MEMO OF UNDERSTANDING HAS BEEN SIGNED WITH ARTS COUNCIL SILICON VALLEY TO CARRY ON CULTURAL STEWARDSHIP AS 1STACT SILCION VALLEY COMPLETES ITS CATALYTIC ROLE. MALI HAS BEEN EMBEDDED IN THE SCHOOL OF ARTS AND CULTURE AT MHP.ABOUT 300,000 PEOPLE BENEFITED FROM THIS PROGRAM.
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IRS990/Activity3/Description0SILICON VALLEY CREATES - IS AN EMERGING INITIATIVE FOCUSED ON CHILDREN'S ENGAGEMENT IN THE ARTS, EXPOSURE TO THE ART AND THE EXHIBITION OF CHILDREN'S CREATIONS. CURRENT PROGRAMS BEING INCUBATED INCLUDE ARTSPARK, AN ARTS SAMPLER FOR THIRD THROUGH SIXTH GRADERS, AN AFTERSCHOOL DIGITAL ARTS PROGRAM FOR TEENS CALL THE STUDIO, A DRUMMING PROGRAM CALLED BUDDABOOM FOR ELEMENTARY CHILDREN FROM LOW INCOME FAMILIES AND THE CREATION OF A SCHOOL OF ARTS & CULTURE ON THE EASTSIDE OF SAN JOSE.ABOUT 45,000 PEOPLE BENEFITED FROM THIS PROGRAM.
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IRS990/Description0URBAN STEWARDSHIP - BUILDS ON A VISION FOR DOWNTOWN SAN JOSE CREATED BY A TEAM OF CIVIC LEADERS IN 2006. ANCHORED IN AN URBAN DESIGN AND ACTIVATION FRAMEWORK OF "BIG DEALS AND SMALL WONDERS", 1STACT SILICON VALLEY CONVENES LEADERS TO ADDRESS URBAN ISSUES OF IMPORTANCE TO SAN JOSE'S FUTURE, DRIVES PHYSICAL STREETSCAPE IMPROVEMENTS, ACTIVATES PUBLIC SPACES, EDUCATES LEADERS, AND ADVOCATES FOR POSITIVE CHANGE. KEY PROJECTS INCLUDE THE TRANSFORMATION OF THE SOFA DISTRICT, ENHANCING GORE PARK, THE REVIVAL OF LIVE MUSIC, AND INCREASED INVESTMENT IN SMALL WONDERS SUCH AS MURALS, LANDSCAPING, AND LIGHTING THROUGHOUT DOWNTOWN. MEMOS OF UNDERSTANDING HAVE BEEN SIGNED WITH SAN JOSE DOWNTOWN ASSOCIATION, SAN JOSE JAZZ AND SPUR TO CARRY ON URBAN STEWARDSHIP AS 1STACT COMPLETES ITS CATALYTIC ROLE.ABOUT 250,000 PEOPLE BENEFITED FROM THIS PROGRAM.
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IRS990ScheduleA/FactsAndCircumstancesTest01STACT SILICON VALLEY DID NOT PASS SECTION 509 (A)(1) PUBLIC SUPPORT TEST FOR THE 2012 TAX YEAR.HOWEVER, THE ORGANIZATION STILL QUALIFIES AS PUBLICLY SUPPORTED ORGANIZATION UNDER A "FACTS AND CIRCUMSTANCES" TEST FOR THE 2012 YEARDUE TO THE FOLLOWING REASONS:1. TOTAL GOVERNMENTAL AND PUBLIC SUPPORT NORMALLY RECEIVED BY THE ORGANIZATION IS AT LEAST 10% OF THE TOTAL SUPPORT(990 SCH A PART II, SECTION C, LINE 14). PLEASE ALSO SEE SCHEDULE B FOR 2012 SUPPORT DETAIL.2. THE ORGANIZATION HAS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS THAT IS REASONABLE IN LIGHT OF ITS CHARITABLE ACTIVITIES FROM GENERAL PUBLIC.3. OTHER FACTS AND CIRCUMSTANCES REGARDING THE ORGANIZATION INDICATE THE ORGANIZATION IS PUBLIC IN NATURE. ITS FACILITIES AND PROGRAMS ARE AVAILABLE TO THE PUBLIC AND ITS ACTIVITIES ARE LIKELY TO APPEAL TO PERSONS WITH BROAD COMMON INTEREST OR PURPOSE.4. THE ORGANIZATION HAS A GOVERNING BOARD WHICH REPRESENTS THE BROAD INTERESTS OF THE PUBLIC.5. THE ORGANIZATION ENTERED INTO AN AGREEMENT TO MERGE WITH THE ART COUNCIL OF SILICON VALLEY, ANOTHER NOT FOR PROFIT ORGANIZATION, EFFECTIVE APRIL 17, 2013. UNDER THIS AGREEMENT, 1STACT SILICON VALLEY DISSOLVED INTO THE ARTS COUNCIL AND WILL NO LONGER OPERATE.
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation11STACT SILICON VALLEY IS AN ARTS SUPPORT ORGANIZATION WITH A MISSION TO INSPIRE LEADERSHIP, PARTICIPATION AND INVESTMENT AT THE INTERSECTION OF ART, CREATIVITY AND TECHNOLOGY. THE SMALL COLLECTION OF ARTWORK THAT THE ORGANIZATION MAINTAINS SIGNALS ITS OWN INVESTMENT AND PARTICIPATION IN THE LOCAL ARTS COMMUNITY.
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IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg010000
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0CONNIE MARTINEZ
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg012698
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/Title0MANAGING DIR/CEO
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0222698
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990ScheduleJ/IndependentConsultant0X
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleO/GeneralExplanation/Explanation0THE MANAGING DIRECTOR AND BOARD TREASURER REVIEW THE 990 BEFORE IT IS FILED. THE BOARD RECEIVES A COPY OF THE 990 AT THE BOARD MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation1BEFORE ASSUMING OFFICE, ALL POTENTIAL OFFICERS AND DIRECTORS OF THE CORPORATION SHALL AGREE TO THE POLICY IN WRITING. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ALSO IMPOSES A CONTINUING DUTY ON THE CORPORATION'S DIRECTORS AND OFFICERS TO DISCLOSE THE NATURE OF THE CONFLICT (OR POTENTIAL CONFLICT) TO THE BOARD CHAIR IN WRITING UPON KNOWLEDGE OF THE CONFLICT. IF THE DIRECTOR OR OFFICER IS UNCERTAIN WHETHER A CONFLICT EXISTS, THAT PERSON MAY REQUEST THAT THE BOARD DETERMINE WHETHER A CONFLICT EXISTS BY A MAJORITY VOTE (NOT INCLUDING THE VOTE OF THE CONFLICTED DIRECTOR). ISSUES OF POTENTIAL CONFLICT MAY BE REFERRED TO OUTSIDE LEGAL COUNSEL FOR ADVICE.
IRS990ScheduleO/GeneralExplanation/Explanation2BOARD CHAIR RETAINED THE PRO-BONO SERVICES OF A SILICON VALLEY HR PROFESSIONAL WHO PERFORMED A COMPENSATION STUDY OF OTHER CEO'S IN SIMILAR ORGANIZATIONS.
IRS990ScheduleO/GeneralExplanation/Explanation3DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4SPEAKERS AND DESIGN SERVICES: PROGRAM SERVICE EXPENSES 1,285,801. MANAGEMENT AND GENERAL EXPENSES 8,357. FUNDRAISING EXPENSES 1,746. TOTAL EXPENSES 1,295,904.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER FEES
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART IX, LINE 11G
IRS990/ScheduleORequired01
IRS990ScheduleR/DividendsRelatedOrganization00
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine101700 ALUM ROCK AVE
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0SAN JOSE
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0CA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode095116
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg00
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine101ST ACT SILICON VALLEY
IRS990ScheduleR/Form990ScheduleRPartII/EIN0800714882
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501(C)(3)
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0CA
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10SCHOOL OF ARTS AND CULTURE AT MHP
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0ARTS AND EDUCATION
IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus0LINE 7
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg00
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg00
IRS990ScheduleR/OtherTransferFromOtherOrg00
IRS990ScheduleR/OtherTransferToOtherOrg00
IRS990ScheduleR/PerformOfServicesByOtherOrgs00
IRS990ScheduleR/PerformOfServicesForOtherOrgs00
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg00
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties00
IRS990ScheduleR/ReimbursementPaidByOtherOrg01
IRS990ScheduleR/ReimbursementPaidToOtherOrg00
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs00
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs00

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