Civic Intelligence

Saint Joseph'S Arts Foundation

990 • Fiscal year 2022 • EIN 83-2132246

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 21, 2023

1401 Howard StreetSan Francisco, CA 94103

(415) 385-1821

Siviq Scores

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

Liabilities / Assets

68th percentile

0.11x

Higher debt load relative to assets than 68% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.06x

Higher debt load relative to revenue than 62% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

7th percentile

-51%

Higher net margin than 7% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

3rd percentile

-50%

Faster asset growth than 3% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

26th percentile

-12%

Faster revenue growth than 26% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$372,557

Down $375,269 (-50%) from 2021

Net Assets

Down

$332,186

Down $336,164 (-50%) from 2021

Liabilities

Down

$40,371

Down $39,105 (-49%) from 2021

Revenue

Down

$679,250

Down $89,092 (-12%) from 2021

Expenses

Up

$1,023,866

Up $544,146 (+113%) from 2021

Net Income

Down

-$344,616

Down $633,238 (-219%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2018: $156,000Liabilities 2018: $5,549Net Assets 2018: $150,4512018Assets 2019: $263,451Net Assets 2019: $263,4512019Assets 2020: $417,324Liabilities 2020: $37,596Net Assets 2020: $379,7282020Assets 2021: $747,826Liabilities 2021: $79,476Net Assets 2021: $668,3502021Assets 2022: $372,557Liabilities 2022: $40,371Net Assets 2022: $332,1862022Assets 2023: $224,885Liabilities 2023: $104,423Net Assets 2023: $120,4622023Assets 2024: $240,104Liabilities 2024: $359,411Net Assets 2024: -$119,3072024

Highlighted filing

2022

Assets$372,557
Liabilities$40,371
Net Assets$332,186

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2018: $156,000Expenses 2018: $5,549Net Income 2018: $150,4512018Revenue 2019: $113,0002019Revenue 2020: $184,885Expenses 2020: $44,922Net Income 2020: $139,9632020Revenue 2021: $768,342Expenses 2021: $479,720Net Income 2021: $288,6222021Revenue 2022: $679,250Expenses 2022: $1,023,866Net Income 2022: -$344,6162022Revenue 2023: $843,370Expenses 2023: $1,055,442Net Income 2023: -$212,0722023Revenue 2024: $710,607Expenses 2024: $950,256Net Income 2024: -$239,6492024

Highlighted filing

2022

Revenue$679,250
Expenses$1,023,866
Net Income-$344,616
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 21, 2023
Return Version
2022v5.0
Gross Receipts
$835,380
Mission and Program Overview

Mission

The mission of saint joseph's arts foundation is to promote the relevancy of the arts and artists in our daily lives by showcasing an intriguing roster of arts programming of all kinds that inspires artists and the public. Saint joseph's arts foundation will provide funding for arts education, programming, and residencies that support the creation and representation of compelling art of all meedia and disciplines.

The Organization provides a platform for artists, located in the San Francisco Bay Area and Cape Cod area, involved in various disciplines that may not otherwise have an avenue to exhibit their art. Disciplines include all forms of art, including culinary. The Organization does this through events, artists in residency programs, etc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$491,358$290,608▼ $200,750
Intangible Assets$44,000$50,800▲ $6,800
Accounts Receivable$24,290$0▼ $24,290
Land, Buildings, and Equipment, Net$14,062$13,163▼ $899
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$747,826$372,557▼ $375,269
Other Assets Total$174,116$17,986▼ $156,130
Liabilities
Other Liabilities$41,200--
Accounts Payable and Accrued Expenses$38,276$40,371▲ $2,095
Total Liabilities$79,476$40,371▼ $39,105
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$637,854$332,186▼ $305,668
Net Assets With Donor Restrictions$30,496--
Total Net Assets Fund Balance$668,350$332,186▼ $336,164
Total Liabilities and Net Assets / Fund Balance$747,826$372,557▼ $375,269

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,755$4,586$15,341
Leasehold Improvements$2,408$90$2,498
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kenneth E FulkPresident
Laura H UbbenDirector
Shelby BonnieDirector
Seth KaplowitzSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$434,133
Program Service Revenue
$215,930
Investment Income
$28,837
Other Revenue
$350
All Other Contributions
$434,133
Change in Net Assets
$-344,616
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$817,260
Salaries, Compensation, and Employee Benefits$202,330
Total Fundraising Expense$32,440
Grants and Similar Amounts Paid$4,276
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$184,171--$184,171
Fees for Services Accounting-$115,626-$115,626
Occupancy$73,979$38,764-$112,743
All Other Expenses$44,947$9,638$20,148$74,733
Other Expenses$14,833$17,556$10,000$24,833
Depreciation Depletion$15,813--$15,813
Payroll Taxes$15,144--$15,144
Fees for Services Other$2,000$9,688-$11,688
Conferences and Meetings$2,995$786$1,220$5,001
Grants to Domestic Individuals$4,276--$4,276
Fees for Services Legal-$3,849-$3,849
Other Employee Benefits$3,015--$3,015
Travel$961$44$383$1,388
Insurance-$996-$996
Advertising$122--$122
Office Expenses-$107-$107
Total Functional Expenses$791,486$199,940$32,440$1,023,866
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-35% Control BMSale of Liquor LicenseNo$184,967
Little Saint LLC35% Control BMCommon PaymasterNo$184,171
Kenneth E FulkBoard MemberLeased Prgrm Facility SpNo$61,800

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Kenneth E Fulk & Laura H Ubben - Business Relationship

Form 990, Part VI, Section B, Line 11B

A copy of the Organization's Form 990 is circulated to all the Board Members prior to filing.

Form 990, Part VI, Section B, Line 12C

Due to the small size of the Organization and its board, the contract controller monitors transactions that may occur between the Board members and the Foundation that could result in a conflict of interest. If any such relationships exists, the contract controller ensures that measures are taken to mitigate any actual or perceived conflict, including requiring that such transaction be conducted at arm's length for good and sufficient consideration based on terms that are fair and reasonable to and for the benefit of the Foundation and achieve adherence to applicable conflict of interest laws.

Form 990, Part VI, Section C, Line 19

Available upon request.

Filing and Contact Details

Filer

Filer Name
Saint Josephs Arts Foundation
EIN
83-2132246
Phone
4153851821
Address
1401 Howard Street, San Francisco, CA 94103

Signing Officer

Name
Kenneth E Fulk
Title
President
Signed
2023-07-21
Discuss with paid preparer
No

Organization Details

Principal Officer
Kenneth E Fulk
Formed
2018
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
3
Employees
0

Preparer

Firm
Fontanello Duffield & Otake LLP
Address
44 Montgomery Street Suite 1305, San Francisco, CA 94104
Preparer
Carol Duffield
Phone
4159830200
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IRS990/Desc0The lockdowns imposed because of COVID-19 for events began to lessen at the beginning of 2022. As a result St. Joseph's Art Foundation ("SJAF") was able to hold live, publicly attended events at the facility located at 1401 Howard Street, San Francisco throughout 2022. Live programming was able to continue in the Provincetown location with its start of season in May 2022. For a brief time during 2022, SJAF hosted weekly live musical events at a location in Healdsburg, CA. SJAF continued to provide robust virtual programming which included local artists (dancers, musicians, visual artists) having their art programming. These virtual events were in many cases live streamed to a growing list of members, donors, and the general public. These events continue to be archived and are housed on the SJAFs website which launched in 2022.
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IRS990/MissionDesc0Saint Josephs Arts Foundation ("SJAF") supports the creation and presentation of contemporary art through local and national artist-in-residency programs, innovative partnerships with artists and arts organizations, and the presentation of exhibitions, performances, and public events that showcase art of all media and disciplines. At a time when unaffordable gallery and studio space, as well as housing, plagues artists throughout the United States, SJAF provides art exhibition spaces in both San Francisco, CA and Provincetown, MA, along with other support to artists. SJAF creates arts programming that inspires artists and the public to participate in cultural experiences, and promote the relevance of art and artists in the daily life of our society.
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IRS990/PYOtherExpensesAmt0479720
IRS990/PYOtherRevenueAmt02820
IRS990/PYProgramServiceRevenueAmt080683
IRS990/PYRevenuesLessExpensesAmt0288622
IRS990/PYTotalExpensesAmt0479720
IRS990/PYTotalRevenueAmt0768342
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-344616
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0215930
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0491358
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0290608
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0434133
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0684839
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0184885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0113000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0156000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01572857
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95760
IRS990ScheduleA/PublicSupportPY170Pct00.92120
IRS990ScheduleA/PublicSupportTotal170Amt01506142
IRS990ScheduleA/SubstantialContributorsTotAmt066715
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0434133
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0684839
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0184885
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0113000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0156000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01572857
IRS990ScheduleA/TotalSupportAmt01572857
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02408
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt090
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02498
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010755
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04586
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015341
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013163
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Ken Fulk Inc
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Kenneth E Fulk
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Little Saint LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Board Member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt135% Control BM
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt235% Control BM
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt061800
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1184171
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt2184967
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Leased Prgrm Facility Sp
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Common Paymaster
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2Sale of Liquor License
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Kenneth E Fulk & Laura H Ubben - Business Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of the Organization's Form 990 is circulated to all the Board Members prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Due to the small size of the Organization and its board, the contract controller monitors transactions that may occur between the Board members and the Foundation that could result in a conflict of interest. If any such relationships exists, the contract controller ensures that measures are taken to mitigate any actual or perceived conflict, including requiring that such transaction be conducted at arm's length for good and sufficient consideration based on terms that are fair and reasonable to and for the benefit of the Foundation and achieve adherence to applicable conflict of interest laws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0747826
IRS990/TotalAssetsEOYAmt0372557
IRS990/TotalAssetsGrp/BOYAmt0747826
IRS990/TotalAssetsGrp/EOYAmt0372557
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0434133
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt032440
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0199940
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0791486
IRS990/TotalFunctionalExpensesGrp/TotalAmt01023866
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt079476
IRS990/TotalLiabilitiesEOYAmt040371
IRS990/TotalLiabilitiesGrp/BOYAmt079476
IRS990/TotalLiabilitiesGrp/EOYAmt040371
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0668350
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0332186
IRS990/TotalProgramServiceExpensesAmt0791486
IRS990/TotalProgramServiceRevenueAmt0215930
IRS990/TotalRevenueGrp/ExclusionAmt028837
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0216280
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0679250
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0747826
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0372557
IRS990/TravelGrp/FundraisingAmt0383
IRS990/TravelGrp/ManagementAndGeneralAmt044
IRS990/TravelGrp/ProgramServicesAmt0961
IRS990/TravelGrp/TotalAmt01388
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01401 Howard Street
IRS990/USAddress/CityNm0San Francisco
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd0941032522
IRS990/VotingMembersGoverningBodyCnt04

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