Civic Intelligence

Bayview Opera House Inc.

990 • Fiscal year 2018 • EIN 94-3136172

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 31, 2019

4705 Third StreetSan Francisco, CA 94124

(415) 824-0386

Siviq Scores

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

Liabilities / Assets

60th percentile

0.16x

Higher debt load relative to assets than 60% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

48th percentile

0.08x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

56th percentile

5.2%

Higher net margin than 56% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

71st percentile

9.0%

Faster asset growth than 71% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

77th percentile

23%

Faster revenue growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$821,694

Up $68,184 (+9.0%) from 2017

Net Assets

Up

$687,158

Up $83,992 (+14%) from 2017

Liabilities

Down

$134,536

Down $15,808 (-11%) from 2017

Revenue

Up

$1,605,774

Up $302,052 (+23%) from 2017

Expenses

Up

$1,521,782

Up $419,685 (+38%) from 2017

Net Income

Down

$83,992

Down $117,633 (-58%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $336,171Liabilities 2010: $129,307Net Assets 2010: $206,8642010Assets 2011: $372,722Liabilities 2011: $173,079Net Assets 2011: $199,6432011Assets 2012: $378,940Liabilities 2012: $169,274Net Assets 2012: $209,6662012Assets 2013: $404,419Liabilities 2013: $162,775Net Assets 2013: $241,6442013Assets 2014: $383,378Liabilities 2014: $148,177Net Assets 2014: $235,2012014Assets 2015: $405,506Liabilities 2015: $138,037Net Assets 2015: $267,4692015Assets 2016: $560,159Liabilities 2016: $158,618Net Assets 2016: $401,5412016Assets 2017: $753,510Liabilities 2017: $150,344Net Assets 2017: $603,1662017Assets 2018: $821,694Liabilities 2018: $134,536Net Assets 2018: $687,1582018Assets 2019: $768,974Liabilities 2019: $41,204Net Assets 2019: $727,7702019Assets 2020: $782,545Liabilities 2020: $167,229Net Assets 2020: $615,3162020Assets 2021: $1,039,713Liabilities 2021: $232,164Net Assets 2021: $807,5492021Assets 2022: $1,176,468Liabilities 2022: $154,500Net Assets 2022: $1,021,9682022Assets 2023: $1,233,041Liabilities 2023: $321,386Net Assets 2023: $911,6552023Assets 2024: $1,247,024Liabilities 2024: $220,185Net Assets 2024: $1,026,8392024

Highlighted filing

2018

Assets$821,694
Liabilities$134,536
Net Assets$687,158

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $392,277Expenses 2010: $388,617Net Income 2010: $3,6602010Revenue 2011: $424,564Expenses 2011: $431,784Net Income 2011: -$7,2202011Expenses 2012: $491,0842012Expenses 2013: $656,7102013Revenue 2014: $591,698Expenses 2014: $598,141Net Income 2014: -$6,4432014Revenue 2015: $604,939Expenses 2015: $572,671Net Income 2015: $32,2682015Revenue 2016: $775,450Expenses 2016: $641,378Net Income 2016: $134,0722016Revenue 2017: $1,303,722Expenses 2017: $1,102,097Net Income 2017: $201,6252017Revenue 2018: $1,605,774Expenses 2018: $1,521,782Net Income 2018: $83,9922018Revenue 2019: $1,290,508Expenses 2019: $1,249,896Net Income 2019: $40,6122019Revenue 2020: $994,847Expenses 2020: $1,107,301Net Income 2020: -$112,4542020Revenue 2021: $934,446Expenses 2021: $742,212Net Income 2021: $192,2342021Revenue 2022: $1,332,258Expenses 2022: $1,117,840Net Income 2022: $214,4182022Revenue 2023: $1,616,684Expenses 2023: $1,717,690Net Income 2023: -$101,0062023Revenue 2024: $1,771,508Expenses 2024: $1,656,327Net Income 2024: $115,1812024

Highlighted filing

2018

Revenue$1,605,774
Expenses$1,521,782
Net Income$83,992
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 31, 2019
Return Version
2017v2.2
Gross Receipts
$1,605,774
Mission and Program Overview

Mission

Our mission is to serve as the focal point for Art and Culture in the Bayview Hunters Point community by providing accessible, diverse, and high-quality arts education, cultural programs and community events in a safe environment and to employ the arts to support aspirational values, hope and passion, and to inspire the self-confidence and self-esteem in our youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$491,980$456,013▼ $35,967
Cash and Non-Interest-Bearing Accounts$105,912$154,898▲ $48,986
Pledges and Grants Receivable$111,627$87,442▼ $24,185
Savings and Temporary Cash Investments-$0-
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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$753,510$821,694▲ $68,184
Other Assets Total$43,991$123,341▲ $79,350
Liabilities
Other Liabilities$132,257$114,315▼ $17,942
Accounts Payable and Accrued Expenses$18,087$20,221▲ $2,134
Total Liabilities$150,344$134,536▼ $15,808
Net Assets / Fund Balance
Unrestricted Net Assets$563,131$573,199▲ $10,068
Temporarily Rstr Net Assets$40,035$113,959▲ $73,924
Total Net Assets Fund Balance$603,166$687,158▲ $83,992
Total Liabilities and Net Assets / Fund Balance$753,510$821,694▲ $68,184

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$437,873-$437,873
Leasehold Improvements$374,444-$374,444
Other Land Buildings$-356,304$356,304-
Other Assets Org$113,959--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Theo EllingtonPresident
Thor KaslofskyVice President
Cathy HansenMember
Clint SockwellMember
Dee HillmanMember
Jerald JosephMember
Vernon GriggMember
Micah FobbsSecretary
Aaron PischkeTreasurer
Jackie CohenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,428,314
Program Service Revenue
$177,441
Investment Income
$19
Other Revenue
$0
All Other Contributions
$312,689
Change in Net Assets
$83,992

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Other1$230,515
Total Noncash Contributions1$230,515

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,605,774
Total Revenue per Audited Statements
$1,605,774
Total Revenue per Form 990
$1,605,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,097,232
Salaries, Compensation, and Employee Benefits$424,550
Total Fundraising Expense$121,368
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$313,580$46,535$64,435$424,550
Occupancy$232,615$29,803$22,925$285,343
Fees for Services Other$180,677$26,534$20,375$227,586
Depreciation Depletion$59,274$8,791$6,762$74,827
Office Expenses$26,579$15,160$2,981$44,720
Advertising$17,829$517$109$18,455
Insurance$12,445$1,845$1,420$15,710
Conferences and Meetings$1,672$1,875$160$3,707
Travel$356$1,160$26$1,542
Other Expenses$853$161$390$1,404
All Other Expenses$418$44$65$527
Interest-$169-$169
Total Functional Expenses$1,250,865$149,549$121,368$1,521,782

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,521,782
Total Expenses per Audited Statements$1,521,782
Total Expenses per Form 990$1,521,782
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

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
Deferred income$108,115
Deposit-rental$6,200
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Line 11B: Form 990 Review Process

The Form 990 shall be reviewed and approved by executive director and chief members of the Board before filing.

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

The compensation is reviewed and approved by the full Board.

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

Some documents available to the public: Form 990 and audit report, plus budget for current year.

Filing and Contact Details

Filer

Filer Name
Bayview Opera House
EIN
94-3136172
Phone
4158240386
Address
4705 THIRD STREET, SAN FRANCISCO, CA 94124

Signing Officer

Name
Barbara Ockel
Title
Executive Director
Signed
2019-01-31
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
7

Preparer

Firm
Tang & Lee Llp
Address
967 CORPORATE WAY, FREMONT, CA 94539
Preparer
Alan S Leecpa
Phone
6506926865
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.25$0.22$1.03$1.77$1.66$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.23$0.32$0.91$1.62$1.72$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.15$1.02$1.33$1.12$0.21
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.23$0.81$0.93$0.74$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.78$0.17$0.62$0.99$1.11$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.77$0.04$0.73$1.29$1.25$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.82$0.13$0.69$1.61$1.52$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.75$0.15$0.60$1.30$1.10$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.16$0.40$0.78$0.64$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.14$0.27$0.60$0.57$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.15$0.24$0.59$0.60$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.16$0.24$0.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.17$0.21$0.49
2011Summary only. Only limited summary data is available for this year.$0.37$0.17$0.20$0.42$0.43$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.13$0.21$0.39$0.39$0.00