Civic Intelligence

Silicon Valley Creates

990 • Fiscal year 2016 • EIN 94-2825213

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 17, 2017

38 W Santa Clara StreetSan Jose, CA 95113

(408) 998-2787

Siviq Scores

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

Liabilities / Assets

50th percentile

0.10x

Higher debt load relative to assets than 50% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

50th percentile

0.11x

Higher debt load relative to revenue than 50% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

65th percentile

8.0%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

89th percentile

$190,832

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

46th percentile

0.4%

Faster asset growth than 46% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

50th percentile

2.7%

Faster revenue growth than 50% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,846,345

Up $10,664 (+0.4%) from 2015

Net Assets

Up

$2,562,320

Up $157,632 (+6.6%) from 2015

Liabilities

Down

$284,025

Down $146,968 (-34%) from 2015

Revenue

Up

$2,660,026

Up $70,297 (+2.7%) from 2015

Expenses

Down

$2,448,107

Down $55,730 (-2.2%) from 2015

Net Income

Up

$211,919

Up $126,027 (+147%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $2,093,425Liabilities 2011: $640,967Net Assets 2011: $1,452,4582011Assets 2012: $1,536,453Liabilities 2012: $605,817Net Assets 2012: $930,6362012Assets 2013: $2,500,355Liabilities 2013: $562,635Net Assets 2013: $1,937,7202013Assets 2014: $2,653,581Liabilities 2014: $317,764Net Assets 2014: $2,335,8172014Assets 2015: $2,835,681Liabilities 2015: $430,993Net Assets 2015: $2,404,6882015Assets 2016: $2,846,345Liabilities 2016: $284,025Net Assets 2016: $2,562,3202016Assets 2017: $4,516,371Liabilities 2017: $1,593,913Net Assets 2017: $2,922,4582017Assets 2018: $10,338,762Liabilities 2018: $2,410,163Net Assets 2018: $7,928,5992018Assets 2019: $9,782,774Liabilities 2019: $2,078,769Net Assets 2019: $7,704,0052019Assets 2020: $2,553,348Liabilities 2020: $689,353Net Assets 2020: $1,863,9952020Assets 2021: $2,847,221Liabilities 2021: $612,786Net Assets 2021: $2,234,4352021Assets 2022: $3,422,422Liabilities 2022: $586,656Net Assets 2022: $2,835,7662022Assets 2023: $5,064,703Liabilities 2023: $609,773Net Assets 2023: $4,454,9302023Assets 2024: $3,747,197Liabilities 2024: $149,195Net Assets 2024: $3,598,0022024Assets 2025: $3,582,588Liabilities 2025: $147,305Net Assets 2025: $3,435,2832025

Highlighted filing

2016

Assets$2,846,345
Liabilities$284,025
Net Assets$2,562,320

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,353,406Expenses 2011: $2,639,439Net Income 2011: $713,9672011Expenses 2012: $2,924,3962012Expenses 2013: $2,263,8592013Revenue 2014: $2,677,844Expenses 2014: $2,301,090Net Income 2014: $376,7542014Revenue 2015: $2,589,729Expenses 2015: $2,503,837Net Income 2015: $85,8922015Revenue 2016: $2,660,026Expenses 2016: $2,448,107Net Income 2016: $211,9192016Revenue 2017: $2,541,492Expenses 2017: $2,479,545Net Income 2017: $61,9472017Revenue 2018: $3,965,691Expenses 2018: $2,073,297Net Income 2018: $1,892,3942018Revenue 2019: $1,910,788Expenses 2019: $2,106,576Net Income 2019: -$195,7882019Revenue 2020: $3,196,541Expenses 2020: $2,607,289Net Income 2020: $589,2522020Revenue 2021: $2,812,417Expenses 2021: $2,525,096Net Income 2021: $287,3212021Revenue 2022: $3,649,409Expenses 2022: $2,865,284Net Income 2022: $784,1252022Revenue 2023: $4,103,128Expenses 2023: $2,627,438Net Income 2023: $1,475,6902023Revenue 2024: $1,940,221Expenses 2024: $2,943,654Net Income 2024: -$1,003,4332024Revenue 2025: $2,452,150Expenses 2025: $2,704,189Net Income 2025: -$252,0392025

Highlighted filing

2016

Revenue$2,660,026
Expenses$2,448,107
Net Income$211,919
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 17, 2017
Return Version
2015v3.0
Gross Receipts
$2,961,158
Mission and Program Overview

Mission

Igniting investment and engagement in arts and creativity in Silicon Valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$933,899$887,009▼ $46,890
Pledges and Grants Receivable$959,805$738,136▼ $221,669
Savings and Temporary Cash Investments$427,681$696,938▲ $269,257
Accounts Receivable$24,780$57,406▲ $32,626
Land, Buildings, and Equipment, Net$30,345$52,845▲ $22,500
Prepaid Expenses and Deferred Charges$15,723$9,554▼ $6,169
Total Assets$2,835,681$2,846,345▲ $10,664
Other Assets Total$443,448$404,457▼ $38,991
Liabilities
Accounts Payable and Accrued Expenses$178,338$119,176▼ $59,162
Deferred Revenue$62,490$63,209▲ $719
Grants Payable$171,000$51,300▼ $119,700
Other Liabilities$19,165$50,340▲ $31,175
Total Liabilities$430,993$284,025▼ $146,968
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,404,047$1,539,550▲ $135,503
Permanently Rstr Net Assets$977,950$977,950→ $0
Unrestricted Net Assets$22,691$44,820▲ $22,129
Total Net Assets Fund Balance$2,404,688$2,562,320▲ $157,632
Total Liabilities and Net Assets / Fund Balance$2,835,681$2,846,345▲ $10,664

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$49,350$156,780$206,130
Equipment$3,495$79,629$83,124
Other Assets Org$404,457--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$933,899-▼ $32,821-$887,009
2014$867,555$112,176▲ $34,979$68,958$933,899
2013$737,965$137,824▲ $151,397$148,316$867,555
2012$895,283-▲ $105,929$250,000$737,965
2011$1,017,876-▼ $49,330$73,263$895,283
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Connie MartinezCEOFT$180,000$10,832$190,832
Revenue and Support

Revenue Composition

Contributions and Grants
$1,995,626
Program Service Revenue
$655,503
Investment Income
$8,897
Other Revenue
$0
All Other Contributions
$1,419,371
Change in Net Assets
$211,919

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,673,952
Revenue Not Reported on Financial Statements
$-13,926
Revenue Not Reported on Form 990
$-44,287
Other Revenue Adjustments
$-13,926
Total Revenue per Audited Statements
$2,629,665
Total Revenue per Form 990
$2,660,026
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,149,569
Other Expenses$1,001,019
Grants and Similar Amounts Paid$297,519
Total Fundraising Expense$161,506
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$586,113$162,624$51,023$799,760
Fees for Services Other$470,080$814$22,610$493,504
Grants to Domestic Orgs$267,519--$267,519
Current Officers, Directors, Trustees, and Key Employees$95,420$47,710$47,710$190,840
Office Expenses$85,297$7,197$16,428$108,922
Other Employee Benefits$53,746$21,990$5,223$80,959
Occupancy$57,486$13,779$7,612$78,877
Payroll Taxes$54,923$16,363$6,724$78,010
Fees for Services Accounting-$51,150-$51,150
Grants to Domestic Individuals$30,000--$30,000
Information Technology$20,616$4,121$2,151$26,888
Depreciation Depletion$13,389$3,096$1,724$18,209
Conferences and Meetings$7,940$6,754$29$14,723
Fees for Service Investment Mgmnt Fees-$14,069-$14,069
Travel$2,757$2,498-$5,255
Insurance$2,033$1,642$272$3,947
Other Expenses$114$2,264-$2,378
Advertising$180--$180
Total Functional Expenses$1,925,826$360,775$161,506$2,448,107

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,472,033
Expenses per Audited Statements$2,448,107
Total Expenses per Form 990$2,448,107
Expenses Not Reported on Form 990$23,926
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Peninsula Youth TheatreMountain View, CA501c3Support the exempt purpose operations of the organization$15,500
San Jose JazzSan Jose, CA501c3Support the exempt purpose operations of the organization$12,500
Triton Museum of ArtSanta Clara, CA501c3Support the exempt purpose operations of the organization$10,250
Palo Alto Art CenterPalo Alto, CA501c3Support the exempt purpose operations of the organization$9,500
Firebird Youth Chinese OrchestraSan Jose, CA501c3Support the exempt purpose operations of the organization$9,000
Cantabile Youth SingersLos Altos, CA501c3Support the exempt purpose operations of the organization$8,500
Tabard Theatre CompanySan Jose, CA501c3Support the exempt purpose operations of the organization$8,500
El Camino Youth SymphonyPalo Alto, CA501c3Support the exempt purpose operations of the organization$8,000
City Lights Theatre Company of San JoseSan Jose, CA501c3Support the exempt purpose operations of the organization$7,500
San Jose Museum of Quilts & TextilesSan Jose, CA501c3Support the exempt purpose operations of the organization$7,500
Abhinaya Dance Company of San JoseSan Jose, CA501c3Support the exempt purpose operations of the organization$7,000
Silicon Valley ShakespeareSanta Clara, CA501c3Support the exempt purpose operations of the organization$7,000
College of Adaptive ArtsSan Jose, CA501c3Support the exempt purpose operations of the organization$5,500
Los Altos Stage CompanyLos Altos, CA501c3Support the exempt purpose operations of the organization$5,500
Palo Alto PlayersPalo Alto, CA501c3Support the exempt purpose operations of the organization$5,500
San Jose Multicultural Arts GuildSan Jose, CA501c3Support the exempt purpose operations of the organization$5,500
Schola CantorumMountain View, CA501c3Support the exempt purpose operations of the organization$5,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Other Organizations$50,340
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

The 990 is reviewed by the CEO and then A copy of the 990 was sent via email to all governing board members.

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

A conflict of interest policy is signed by each board member annually. Board members also have the ability to communicate any conflict of interest at board meetings.

Form 990, Part VI, Section B, line 15

Compensation was established by the executive committee which consists of the board chair, vice chair, treasurer and secretary. The executive committee annually reviews the compensation of the CEO. There have been no changes to salary since January 2014.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request and will be on website soon.

Filing and Contact Details

Filer

Filer Name
Silicon Valley Creates
EIN
94-2825213
Phone
4089982787
Address
38 W Santa Clara Street, San Jose, CA 95113

Signing Officer

Name
Connie Martinez
Title
CEO
Phone
4089982787
Signed
2017-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Connie Martinez
Formed
1982
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
14
Volunteers
19

Preparer

Firm
Armanino LLP
Address
50 W San Fernando St Ste 500, San Jose, CA 95113
Preparer
Lawrence S Kuechler
Phone
4082006400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Other professional fees: Program service expenses 470,080. Management and general expenses 814. Fundraising expenses 22,610. Total expenses 493,504.

Financial Statement Notes

Part V, Line 4:

The organization uses the endowment proceeds to support its core support of the arts.

Part X, Line 2:

Uncertainty in Income Taxes - Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the Organization in its federal and state exempt organization tax returns are more-likely-than-not to be sustained upon examination. The Organization files information returns in the U.S. federal jurisdiction and state of California. The Organization's federal returns for the years ended June 30, 2013 and beyond remain subject to possible examination by the Internal Revenue Service. The Organization's California returns of the tax years ended June 30, 2012 and beyond remain subject to possible examination by the Franchise Tax Board.

Part XI, Line 4B - Other Adjustments:

Decrease in value of donated software -13,926.

Part XII, Line 2D - Other Adjustments:

Decrease in value of donated software 13,926.

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IRS990/Form990PartVIISectionAGrp/PersonNm13Tracey Ariga - to 063016
IRS990/Form990PartVIISectionAGrp/PersonNm14Sharon Gustafson - to 02282016
IRS990/Form990PartVIISectionAGrp/PersonNm15Suzanne Oehle - to 02282016
IRS990/Form990PartVIISectionAGrp/PersonNm16Sunny Claggett
IRS990/Form990PartVIISectionAGrp/PersonNm17Barry Posner
IRS990/Form990PartVIISectionAGrp/PersonNm18Sheena Vaidyanathan
IRS990/Form990PartVIISectionAGrp/PersonNm19Connie Martinez
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19180000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13director
IRS990/Form990PartVIISectionAGrp/TitleTxt14director
IRS990/Form990PartVIISectionAGrp/TitleTxt15director
IRS990/Form990PartVIISectionAGrp/TitleTxt16director
IRS990/Form990PartVIISectionAGrp/TitleTxt17director
IRS990/Form990PartVIISectionAGrp/TitleTxt18director
IRS990/Form990PartVIISectionAGrp/TitleTxt19CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-13926
IRS990/GainOrLossGrp/SecuritiesAmt01179
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt0576255
IRS990/GrantAmt0267519
IRS990/GrantsPayableGrp/BOYAmt0171000
IRS990/GrantsPayableGrp/EOYAmt051300
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt030000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt030000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0267519
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0267519
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0288385
IRS990/GrossReceiptsAmt02961158
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02151
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04121
IRS990/InformationTechnologyGrp/ProgramServicesAmt020616
IRS990/InformationTechnologyGrp/TotalAmt026888
IRS990/InsuranceGrp/FundraisingAmt0272
IRS990/InsuranceGrp/ManagementAndGeneralAmt01642
IRS990/InsuranceGrp/ProgramServicesAmt02033
IRS990/InsuranceGrp/TotalAmt03947
IRS990/InvestmentIncomeGrp/ExclusionAmt021644
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021644
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0933899
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0887009
IRS990/IRPDocumentCnt057
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0236409
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030345
IRS990/LandBldgEquipBasisNetGrp/EOYAmt052845
IRS990/LandBldgEquipCostOrOtherBssAmt0289254
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt013926
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0287206
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Igniting investment and engagement in arts and creativity in Silicon Valley.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02404688
IRS990/NetAssetsOrFundBalancesEOYAmt02562320
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-12747
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-12747
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-54287
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt07612
IRS990/OccupancyGrp/ManagementAndGeneralAmt013779
IRS990/OccupancyGrp/ProgramServicesAmt057486
IRS990/OccupancyGrp/TotalAmt078877
IRS990/OfficeExpensesGrp/FundraisingAmt016428
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07197
IRS990/OfficeExpensesGrp/ProgramServicesAmt085297
IRS990/OfficeExpensesGrp/TotalAmt0108922
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0443448
IRS990/OtherAssetsTotalGrp/EOYAmt0404457
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05223
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021990
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt053746
IRS990/OtherEmployeeBenefitsGrp/TotalAmt080959
IRS990/OtherExpensesGrp/Desc0Direct program contract
IRS990/OtherExpensesGrp/Desc1event
IRS990/OtherExpensesGrp/Desc2membership dues
IRS990/OtherExpensesGrp/Desc3misc
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04704
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12264
IRS990/OtherExpensesGrp/ProgramServicesAmt0121556
IRS990/OtherExpensesGrp/ProgramServicesAmt150607
IRS990/OtherExpensesGrp/ProgramServicesAmt26050
IRS990/OtherExpensesGrp/ProgramServicesAmt3114
IRS990/OtherExpensesGrp/TotalAmt0121556
IRS990/OtherExpensesGrp/TotalAmt150607
IRS990/OtherExpensesGrp/TotalAmt210754
IRS990/OtherExpensesGrp/TotalAmt32378
IRS990/OtherLiabilitiesGrp/BOYAmt019165
IRS990/OtherLiabilitiesGrp/EOYAmt050340
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt051023
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0162624
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0586113
IRS990/OtherSalariesAndWagesGrp/TotalAmt0799760
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06724
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016363
IRS990/PayrollTaxesGrp/ProgramServicesAmt054923
IRS990/PayrollTaxesGrp/TotalAmt078010
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0977950
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0977950
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0959805
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0738136
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015723
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09554
IRS990/PrincipalOfficerNm0Connie Martinez
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/BusinessCd3541900
IRS990/ProgramServiceRevenueGrp/Desc0license fees
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2ticketing revenue
IRS990/ProgramServiceRevenueGrp/Desc3Other misc income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0614308
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt124000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt216395
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0614308
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt124000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt216395
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3800
IRS990/ProgSrvcAccomActy2Grp/Desc0The Organization increases access to arts and creativity by; 1) developing a hub of digital media Studios for teens; 2) connecting teachers to arts education offerings through ArtsEdConnect; 3) infusing arts and creativity into the Women and Children's Center at VMC; and 4) licensing the Artsopolis event calendar to over 50 U.S. regions and beyond.Around 5.8 Million people were served.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0914139
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0420000
IRS990/ProgSrvcAccomActy3Grp/Desc0Silicon Valley Creates raises value and visibility of the creative sector by: 1) publishing Content Magazine; 2) promoting arts and cultural events through social media and LiveSV; 3) showcasing local artists through the Artist Laureate and Poet Laureate programs; and 4) convening Pick Up Parties and Content Labs.Around 35,000 people were served.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0389950
IRS990/ProgSrvcAccomActy3Grp/GrantAmt030000
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0220500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02142896
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0616489
IRS990/PYInvestmentIncomeAmt052000
IRS990/PYOtherExpensesAmt0814336
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0394833
IRS990/PYRevenuesLessExpensesAmt085892
IRS990/PYSalariesCompEmpBnftPaidAmt01073012
IRS990/PYTotalExpensesAmt02503837
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02589729
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0211919
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.58$0.15$3.44$2.45$2.70$0.25
2024Detailed filing. Detailed filing data is available for this year.$3.75$0.15$3.60$1.94$2.94$1.00
2023Detailed filing. Detailed filing data is available for this year.$5.06$0.61$4.45$4.10$2.63$1.48
2022Detailed filing. Detailed filing data is available for this year.$3.42$0.59$2.84$3.65$2.87$0.78
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$0.61$2.23$2.81$2.53$0.29
2020Detailed filing. Detailed filing data is available for this year.$2.55$0.69$1.86$3.20$2.61$0.59
2019Detailed filing. Detailed filing data is available for this year.$9.78$2.08$7.70$1.91$2.11$0.20
2018Detailed filing. Detailed filing data is available for this year.$10.3$2.41$7.93$3.97$2.07$1.89
2017Detailed filing. Detailed filing data is available for this year.$4.52$1.59$2.92$2.54$2.48$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.85$0.28$2.56$2.66$2.45$0.21
2015Detailed filing. Detailed filing data is available for this year.$2.84$0.43$2.40$2.59$2.50$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.65$0.32$2.34$2.68$2.30$0.38
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$0.56$1.94$2.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.61$0.93$2.92
2011Summary only. Only limited summary data is available for this year.$2.09$0.64$1.45$3.35$2.64$0.71