Art Foundation

990PF • Fiscal year 2022 • EIN 83-1205647

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 02, 2023

Organization Profile

1150 25th Street Building BSan Francisco, CA 94107

(415) 654-5179

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.01x

Higher debt load relative to assets than 57% of similar nonprofits.

2022 filings • $500k-$1M nonprofits • Source year 2022

0.01x

Higher debt load relative to revenue than 48% of similar nonprofits.

2022 filings • $500k-$1M nonprofits • Source year 2022

14%

Higher net margin than 64% of similar nonprofits.

2022 filings • $500k-$1M nonprofits • Source year 2022

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • $500k-$1M nonprofits • Source year 2022

52%

Faster asset growth than 90% of similar nonprofits.

2022 filings • $500k-$1M nonprofits • Annualized from 2021 to 2022

63%

Faster revenue growth than 83% of similar nonprofits.

2022 filings • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet

Liabilities / Assets57th percentile

Assets

$219,743

Up $75,041 (+52%) from 2021

Net Assets

$216,691

Up $74,354 (+52%) from 2021

Liabilities

$3,052

Up $687 (+29%) from 2021

Revenue And Expenses

Liabilities / Revenue48th percentile Net Margin64th percentile

Revenue

$524,249

Up $203,604 (+63%) from 2021

Expenses

$449,895

Up $67,923 (+18%) from 2021

Net Income

$74,354

Up $135,681 (+221%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2022

Assets$219,743

Liabilities$3,052

Net Assets$216,691

Open 2022 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2022

Revenue$524,249

Expenses$449,895

Net Income$74,354

Open 2022 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2022 to Dec 31, 2022
Signed: Nov 2, 2023
Return Version: 2022v5.0

Compensation and Service Providers

Top Officer Pay57th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
IPEK SAYGI	Chairman Of The Board And	FT	$0	-	-
DREW HEITZLER	Chief Financial Officer An	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Art Foundation
EIN: 83-1205647
Phone: 4156545179
Address: 1150 25TH STREET BUILDING B, SAN FRANCISCO, CA 94107

Signing Officer

Name: Ipek Saygi
Title: President
Phone: 4156545179
Signed: 2023-11-02
Discuss with paid preparer: Yes

Preparer

Firm: Frank Rimerman & Co Llp
Address: 1801 PAGE MILL ROAD, PALO ALTO, CA 94304
Preparer: Samantha Poropat
Phone: 6508458100

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IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriNotUsedDrtGrp/TotalAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriNotUsedDrtGrp/Year1Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriNotUsedDrtGrp/Year2Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriNotUsedDrtGrp/Year3Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/Section4942j3Ind	0	X
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsGrp/TotalAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsSect4942j3BiGrp/TotalAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/TotalSupportGrp/TotalAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/CurrentYearAmt	0	910
IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/TotalAmt	0	1844
IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/Year1Amt	0	339
IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/Year2Amt	0	386
IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/Year3Amt	0	209
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/LineNumberTxt	0	10
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt	0	INCOME INCLUDES SALES OF CATALOGUES RELATED TO THE CHARITABLE PURPOSE OF SLASH ART FOUNDATION.
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd	0	0
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd	0	0
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd	0	1
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd	0	0
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd	0	1
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd	0	0
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd	0	0
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd	0	0
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd	0	1
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd	0	0
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt	0	1801 PAGE MILL ROAD
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm	0	PALO ALTO
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd	0	CA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd	0	94304
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd	0	0
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd	0	1
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd	0	0
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd	0	CA
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd	0	0
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt	0	FRANK RIMERMAN CO LLP
IRS990PF/StatementsRegardingActyGrp/PhoneNum	0	6508458100
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd	0	1
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt	0	0
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt	0	0
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd	0	1
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt	0	0
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd	0	0
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt	0	WWW.SLASHART.ORG
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt	0	ADVANCE AND PROMOTE THE EXPANDING FIELD OF CONTEMPORARY ART IN THE CITY OF SAN FRANCISCO THROUGH EXHIBITIONS, PUBLICATIONS, AND PUBLIC PROGRAMMING.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt	0	439380
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt	0	0
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm	0	IPEK SAYGI
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd	0	X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt	0	0
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	0
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt	0	PHYLLIS C WATTIS FOUNDATION
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt	1	WILLIAM AND FLORA HEWLETT FOUNDATION
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	1
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	1	2
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	2	3
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	3	4
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	4	5
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	5	6
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	6	7
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	7	8
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	8	9
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	9	10
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	10	11
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	11	12
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	12	13
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	13	14
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	14	15
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	15	16
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	16	17
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	17	18
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	18	19
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	19	20
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	20	21
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	21	22
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	22	23
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	23	24
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	24	25
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	25	26
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	26	27
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	27	28
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	28	29
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	29	30
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	30	31
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	31	32
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	32	33
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	33	34
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	34	35
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	35	36
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	36	37
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	37	38
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	38	39
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	39	40
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	40	41
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	41	42
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	42	43
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	43	44
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	44	45
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	45	46
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	46	47
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	47	48
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	48	49
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	49	50
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	50	51
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	51	52
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	52	53
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	53	54
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	54	55
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	55	56
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	56	57
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	57	58
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	58	59
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	59	60
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	60	61
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	61	62
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	62	63
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	63	64
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	64	65
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	65	66
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	66	67
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	67	68
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	68	69
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	69	70
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	0	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	1	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	2	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	3	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	4	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	5	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	6	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	7	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	8	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	9	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	10	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	11	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	12	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	13	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	14	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	15	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	16	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	17	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	18	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	19	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	20	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	21	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	22	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	23	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	24	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	25	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	26	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	27	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	28	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	29	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	30	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	31	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	32	IPEK SAYGI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	33	IPEK SAYGI

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $219,743
Liabilities: $3,052
Net assets: $216,691
Revenue: $524,249
Expenses: $449,895
Net income: $74,354

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.12	$0.01	$1.10	$5.31	$5.49	$0.18
2023Detailed filing. Detailed filing data is available for this year.	$1.36	$0.08	$1.28	$4.84	$5.72	$0.88
2022Detailed filing. Detailed filing data is available for this year.	$2.20	$0.03	$2.17	$5.24	$4.50	$0.74
2021Detailed filing. Detailed filing data is available for this year.	$1.45	$0.02	$1.42	$3.21	$3.82	$0.61
2020Detailed filing. Detailed filing data is available for this year.	$2.09	$0.05	$2.04	$4.45	$2.96	$1.49
2019Detailed filing. Detailed filing data is available for this year.	$0.56	$0.02	$0.55	$2.18	$2.37	$0.19
2018Detailed filing. Detailed filing data is available for this year.	$0.74	$0.00	$0.74	$1.17	$0.43	$0.74