Civic Intelligence

San Francisco Chanticleer Inc.

990 • Fiscal year 2021 • EIN 94-2746487

Jul 01, 2020 to Jun 30, 2021 • Filed on May 12, 2022

44 Page Street 500San Francisco, CA 94102

(415) 252-8589

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.48x

Higher debt load relative to assets than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.36x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

49th percentile

12%

Higher net margin than 49% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

90th percentile

$190,932

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

80th percentile

35%

Faster asset growth than 80% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

13th percentile

-20%

Faster revenue growth than 13% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,666,166

Up $429,228 (+35%) from 2020

Net Assets

Up

$860,976

Up $428,003 (+99%) from 2020

Liabilities

Up

$805,190

Up $1,225 (+0.2%) from 2020

Revenue

Down

$2,242,324

Down $575,098 (-20%) from 2020

Expenses

Down

$1,970,276

Down $692,316 (-26%) from 2020

Net Income

Up

$272,048

Up $117,218 (+76%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $986,000Liabilities 2011: $195,807Net Assets 2011: $790,1932011Assets 2012: $1,117,625Liabilities 2012: $170,619Net Assets 2012: $947,0062012Assets 2013: $1,083,870Liabilities 2013: $212,121Net Assets 2013: $871,7492013Assets 2014: $1,298,911Liabilities 2014: $199,120Net Assets 2014: $1,099,7912014Assets 2015: $1,312,077Liabilities 2015: $316,635Net Assets 2015: $995,4422015Assets 2016: $1,142,138Liabilities 2016: $281,621Net Assets 2016: $860,5172016Assets 2017: $1,211,085Liabilities 2017: $343,870Net Assets 2017: $867,2152017Assets 2018: $924,919Liabilities 2018: $405,399Net Assets 2018: $519,5202018Assets 2019: $1,175,863Liabilities 2019: $896,504Net Assets 2019: $279,3592019Assets 2020: $1,236,938Liabilities 2020: $803,965Net Assets 2020: $432,9732020Assets 2021: $1,666,166Liabilities 2021: $805,190Net Assets 2021: $860,9762021Assets 2022: $1,567,201Liabilities 2022: $583,277Net Assets 2022: $983,9242022Assets 2023: $1,618,746Liabilities 2023: $592,429Net Assets 2023: $1,026,3172023Assets 2024: $1,575,322Liabilities 2024: $512,749Net Assets 2024: $1,062,5732024

Highlighted filing

2021

Assets$1,666,166
Liabilities$805,190
Net Assets$860,976

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,673,040Expenses 2011: $2,615,962Net Income 2011: $57,0782011Revenue 2012: $2,818,396Expenses 2012: $2,648,214Net Income 2012: $170,1822012Expenses 2013: $2,577,9892013Revenue 2014: $2,720,780Expenses 2014: $2,576,104Net Income 2014: $144,6762014Revenue 2015: $2,552,190Expenses 2015: $2,669,341Net Income 2015: -$117,1512015Revenue 2016: $2,695,828Expenses 2016: $2,824,554Net Income 2016: -$128,7262016Revenue 2017: $2,882,078Expenses 2017: $2,830,095Net Income 2017: $51,9832017Revenue 2018: $2,474,677Expenses 2018: $2,711,899Net Income 2018: -$237,2222018Revenue 2019: $2,536,271Expenses 2019: $2,797,618Net Income 2019: -$261,3472019Revenue 2020: $2,817,422Expenses 2020: $2,662,592Net Income 2020: $154,8302020Revenue 2021: $2,242,324Expenses 2021: $1,970,276Net Income 2021: $272,0482021Revenue 2022: $3,116,675Expenses 2022: $2,705,985Net Income 2022: $410,6902022Revenue 2023: $2,659,586Expenses 2023: $2,657,552Net Income 2023: $2,0342023Revenue 2024: $2,682,428Expenses 2024: $2,956,669Net Income 2024: -$274,2412024

Highlighted filing

2021

Revenue$2,242,324
Expenses$1,970,276
Net Income$272,048
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 12, 2022
Return Version
2020v4.0
Gross Receipts
$2,332,294
Mission and Program Overview

Mission

Chanticleer's mission is to present choral music at the highest level of excellence and to encourage worldwide appreciation for the art of ensemble singing through live performances, education, recordings and the creation of new choral works.

Chanticleer's mission is to present choral music at the highest level of excellence and to encourage worldwide appreciation for the art of ensemble singing through live performances, education, recording and the creation of new choral work.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$743,192$770,306▲ $27,114
Pledges and Grants Receivable$27,310$567,089▲ $539,779
Cash and Non-Interest-Bearing Accounts$79,983$104,951▲ $24,968
Inventories for Sale or Use$88,777$67,804▼ $20,973
Prepaid Expenses and Deferred Charges$78,196$47,202▼ $30,994
Land, Buildings, and Equipment, Net$26,192$21,596▼ $4,596
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Intangible Assets-$0-
Total Assets$1,236,938$1,666,166▲ $429,228
Other Assets Total$193,288$87,218▼ $106,070
Liabilities
Other Liabilities$592,991$511,720▼ $81,271
Mortgage Notes Payable Secured by Investment Property-$150,000-
Accounts Payable and Accrued Expenses$96,152$126,445▲ $30,293
Deferred Revenue$114,822$17,025▼ $97,797
Total Liabilities$803,965$805,190▲ $1,225
Net Assets / Fund Balance
Net Assets With Donor Restrictions$531,010$513,500▼ $17,510
Net Assets Without Donor Restrictions$-98,037$347,476▲ $445,513
Total Net Assets Fund Balance$432,973$860,976▲ $428,003
Total Liabilities and Net Assets / Fund Balance$1,236,938$1,666,166▲ $429,228

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,260$151,890$162,150
Leasehold Improvements$8,640$43,725$52,365
Other Land Buildings$2,696$49,270$51,966
Other Assets Org$69,849--
Other Securities$1,238,081--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christine BullinPresident/SecFT$190,932$190,932
Philip WilderPresident/SecFT$116,667$116,667

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,505,295
Program Service Revenue
$343,422
Investment Income
$266,338
Other Revenue
$127,269
All Other Contributions
$635,195
Change in Net Assets
$272,048

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,959,371
Revenue Not Reported on Financial Statements
$282,953
Revenue Not Reported on Form 990
$464,125
Other Revenue Adjustments
$282,035
Total Revenue per Audited Statements
$2,423,496
Total Revenue per Form 990
$2,242,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,585,347
Other Expenses$384,929
Total Fundraising Expense$243,091
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$778,901$178,077$106,116$1,063,094
Current Officers, Directors, Trustees, and Key Employees$85,173$85,173$87,754$258,100
Other Employee Benefits$105,841$32,060$23,610$161,511
Occupancy$68,251$31,245$4,655$104,151
Payroll Taxes$68,986$19,382$14,274$102,642
Fees for Services Other$39,417$550-$39,967
Advertising$38,625--$38,625
Fees for Services Accounting-$22,770-$22,770
Office Expenses$11,812$3,578$2,634$18,024
Information Technology$1,547$3,502$2,580$7,629
Depreciation Depletion$798$4,525-$5,323
Interest-$4,125-$4,125
Other Expenses$154,804$2,357$1,468$1,468
Fees for Service Investment Mgmnt Fees-$918-$918
Fees for Services Legal-$846-$846
All Other Expenses-$-29,104-$-29,104
Total Functional Expenses$1,354,155$373,030$243,091$1,970,276

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,059,328
Total Expenses per Form 990$1,970,276
Expenses per Audited Statements$1,969,358
Expenses Not Reported on Form 990$89,970
Expenses Not Reported on Financial Statements$918
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$142,349
Fundraising Direct Expenses$35,303
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$142,349$142,349$15,290$127,059
Total Events$142,349$142,349$35,303$107,046
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$290,250
Due to Endowment Fund$150,000
Lease liability$71,470
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 1A: Explanation of Delegated Broad Authority to Committee

In accordance with common practice in the nonprofit community, the Board delegates certain matters to The Executive Committee, which is empowered to act between board meetings if necessary, and sometimes with specifically delegated authority to act in particular areas on behalf of the full board. All members of the Executive Committee are members of the Board of Trustees.

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Board Trustees Mary Deissler and Eliza Deissler are related to each other as Mother and Daughter, respectively.

Form 990, Part VI, Line 11B: Form 990 Review Process

FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS THEN REVIEWED BY THE ORGANIZATION'S MANAGEMENT and the Audit Committee. THE FINAL VERSION OF THE TAX RETURN IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S BOARD OF TRUSTEES BEFORE IT IS SUBMITTED TO THE IRS. A REPRESENTATIVE OF MANAGEMENT AUTHORIZES THE FINAL FORM 990, WHICH IS THEN E-FILED WITH THE INTERNAL REVENUE SERVICE.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Members of the board of trustees review all potential conflicts of interest atperiodically. The president and general director and all board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency with respect to all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Members of the Board of Trustees review the compensation of the President and General Director periodically in accordance with IRS rules and regulations. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES. EVERY EFFORT IS MADE TO ENSURE THAT THE PROCESS IS THOROUGH AND TRANSPARENT IN ACCORDANCE WITH IRS GUIDELINES AND THE ORGANIZATION'S POLICIES AND PROCEDURES.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation of other employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All of the organization's governing documents, financial statements and other legalfilings are maintained in a secure environment and held available for inspection bytax authorities and the general public. Tax returns are posted annually towww.guidestar.org (where they are available for viewing as electronic copies) and are also available upon request from the organization's office in san francisco, california.

Filing and Contact Details

Filer

Filer Name
San Francisco Chanticleer Inc
EIN
94-2746487
Phone
4152528589
Address
44 Page Street 500, SAN FRANCISCO, CA 94102

Signing Officer

Name
Philip Wilder
Title
President & Gen Director
Phone
4152528589
Signed
2022-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip Wilder
Formed
1981
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
14
Employees
22
Volunteers
216

Preparer

Firm
Regalia & Associates Cpas
Address
103 TOWN COUNTRY DR STE K, DANVILLE, CA 94526
Preparer
Douglas W Regalia
Phone
9253140390
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Change in discount for multi-year receivables = $149340

Other Changes In Net Assets Or Fund Balances - Other Increases

Chanticleer Endowment investment income = $0

Other Changes In Net Assets Or Fund Balances - Other Decreases

Transfer to San Francisco Chanticleer Endowment Foundation = -$10000

Financial Statement Notes

Part X : FIN48 Footnote

Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, Chanticleer is required to report information regarding its exposure to various tax positions taken by Chanticleer and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that Chanticleer has adequately evaluated its current tax positions and has concluded that as of June 30, 2021 Chanticleer does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.Chanticleer has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that Chanticleer continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. Chanticleer may periodically receive unrelated business income (such as sublease rental income or advertising revenue) requiring Chanticleer to file separate tax returns under federal and state statutes. Under such conditions, Chanticleer calculates and accrues the applicable taxes.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Endowment income appropriated $203200 Cost of merchandise sold $24129 Special Events Expenses $35303 Change in discount for multi-year rcvbls $149340 Form 990-T expenses $30538 Perm restricted contributions $5000

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Investment return $26566 Endowment net $255469

Part XII, Line 2D: Other expenses and losses per audited F/S

Cost of merchandise sold $24129 Special Events Expenses $35303 Form 990-T expenses $30538

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IRS990/Form990PartVIISectionAGrp/PersonNm1Philip Wilder
IRS990/Form990PartVIISectionAGrp/PersonNm2Keith Jantzen
IRS990/Form990PartVIISectionAGrp/PersonNm3Parker Monroe
IRS990/Form990PartVIISectionAGrp/PersonNm4Ann Yvonne Walker
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IRS990/Form990PartVIISectionAGrp/PersonNm6Dr Susan Carlyle
IRS990/Form990PartVIISectionAGrp/PersonNm7Eliza Deissler
IRS990/Form990PartVIISectionAGrp/PersonNm8Mary Deissler
IRS990/Form990PartVIISectionAGrp/PersonNm9Robert Frear
IRS990/Form990PartVIISectionAGrp/PersonNm10Zachary Gustafson
IRS990/Form990PartVIISectionAGrp/PersonNm11Charles Macfarlane
IRS990/Form990PartVIISectionAGrp/PersonNm12Mathea Falco
IRS990/Form990PartVIISectionAGrp/PersonNm13Winnie Nip
IRS990/Form990PartVIISectionAGrp/PersonNm14Alex Taussig
IRS990/Form990PartVIISectionAGrp/PersonNm15David H Taylor
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IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
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IRS990/MissionDesc0Chanticleer is committed to using our unique brand, flexibility and experience to adapt to the rapidly changing dynamics of the music industry.
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IRS990/PrincipalOfficerNm0Philip Wilder
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IRS990/ProgramServiceRevenueGrp/Desc2Performances video
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IRS990/ProgSrvcAccomActy2Grp/Desc0LOCAL PROGRAMS: SAN FRANCISCO CHANTICLEERS PURPOSE IS TO PRESERVE AND FOSTER CHORAL MUSIC, AND TO INCREASE PUBLIC AWARENESS AND APPRECIATION OF THIS ART FORM THROUGH LOCAL, NATIONAL AND INTERNATIONAL PERFORMANCES. DUE TO THE PANDEMIC, CHANTICLEERS LIVE CONCERT AND EDUCATION ACTIVITES WERE MOSTLY MOVED TO FILMED AND STREAMED CONTENT. DURING THE YEAR ENDED JUNE 30, 2021, CHANTICLEER WAS ABLE TO GIVE ONE OUTDOOR LIVE CONCERT IN THE SAN FRANCISCO BAY AREA FOR 333 PEOPLE. CHANTICLEERS AMBITIOUS EDUCATION PROGRAMS WERE MOVED ONLINE, WHERE THE ENSEMBLE INTERACTED WITH OVER THREE THOUSAND YOUNG STUDENTS AND ADULT LEARNERS FROM THE SAN FRANCISCO BAY AREA, AND AROUND THE UNITED STATES.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt026395
IRS990/ProgSrvcAccomActy3Grp/Desc0TOURING: IN ADDITION TO TOURING LOCALLY, SAN FRANCISCO CHANTICLEER PERFORMS NATIONALLY AND INTERNATIONALLY. DURING THE YEAR ENDED JUNE 30, 2021, ALL OF CHANTICLEERS TOURING WAS CANCELLED DUE TO THE PANDEMIC. CHANTICLEER PRODUCED FILMED AND STREAMED CONTENT TO CONTINUE TO REACH ITS INTERNATIONAL AUDIENCES. HISTORICALLY, CHANTICLEER HAS TYPICALLY PERFORMED OVER 100 CONCERTS ANNUALLY IN MANY OF THE WORLDS MOST IMPORTANT CONCERT HALLS, AS WELL AS UNIVERSITIES, SCHOOLS AND CHURCHES AROUND THE GLOBE.
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IRS990/PYOtherRevenueAmt075462
IRS990/PYProgramServiceRevenueAmt01282958
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.51$1.06$2.68$2.96$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.59$1.03$2.66$2.66$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.58$0.98$3.12$2.71$0.41
2021Detailed filing. Detailed filing data is available for this year.$1.67$0.81$0.86$2.24$1.97$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.80$0.43$2.82$2.66$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.90$0.28$2.54$2.80$0.26
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.41$0.52$2.47$2.71$0.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.34$0.87$2.88$2.83$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.14$0.28$0.86$2.70$2.82$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.32$1.00$2.55$2.67$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.30$0.20$1.10$2.72$2.58$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.21$0.87$2.58
2012Summary only. Only limited summary data is available for this year.$1.12$0.17$0.95$2.82$2.65$0.17
2011Summary only. Only limited summary data is available for this year.$0.99$0.20$0.79$2.67$2.62$0.06
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $1M-$5M nonprofits