Civic Intelligence

Artspan

990 • Fiscal year 2015 • EIN 94-3148481

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 10, 2016

934 Brannan StreetSan Francisco, CA 94103

(415) 861-9838

Siviq Scores

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

Liabilities / Assets

69th percentile

0.18x

Higher debt load relative to assets than 69% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.03x

Higher debt load relative to revenue than 47% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

35th percentile

-1.5%

Higher net margin than 35% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

86th percentile

$90,471

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

16th percentile

-9.9%

Faster asset growth than 16% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

72nd percentile

18%

Faster revenue growth than 72% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$96,478

Down $10,655 (-9.9%) from 2014

Net Assets

Down

$78,650

Down $7,960 (-9.2%) from 2014

Liabilities

Down

$17,828

Down $2,695 (-13%) from 2014

Revenue

Up

$539,413

Up $83,852 (+18%) from 2014

Expenses

Up

$547,373

Up $123,730 (+29%) from 2014

Net Income

Down

-$7,960

Down $39,878 (-125%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $30,112Liabilities 2010: $0Net Assets 2010: $30,1122010Assets 2011: $31,484Liabilities 2011: $0Net Assets 2011: $31,4842011Assets 2012: $60,648Liabilities 2012: $5,200Net Assets 2012: $55,4482012Assets 2013: $75,305Liabilities 2013: $20,611Net Assets 2013: $54,6942013Assets 2014: $107,133Liabilities 2014: $20,523Net Assets 2014: $86,6102014Assets 2015: $96,478Liabilities 2015: $17,828Net Assets 2015: $78,6502015Assets 2016: $121,564Liabilities 2016: $29,731Net Assets 2016: $91,8332016Assets 2017: $186,129Liabilities 2017: $13,795Net Assets 2017: $172,3342017Assets 2018: $254,773Liabilities 2018: $34,946Net Assets 2018: $219,8272018Assets 2019: $329,806Liabilities 2019: $80,399Net Assets 2019: $249,4072019Assets 2020: $577,114Liabilities 2020: $275,872Net Assets 2020: $301,2422020Assets 2021: $992,641Liabilities 2021: $199,525Net Assets 2021: $793,1162021Assets 2022: $734,049Liabilities 2022: $218,296Net Assets 2022: $515,7532022Assets 2023: $386,738Liabilities 2023: $202,912Net Assets 2023: $183,8262023Assets 2024: $122,100Liabilities 2024: $207,592Net Assets 2024: -$85,4922024

Highlighted filing

2015

Assets$96,478
Liabilities$17,828
Net Assets$78,650

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $323,147Expenses 2010: $345,314Net Income 2010: -$22,1672010Revenue 2011: $369,127Expenses 2011: $367,755Net Income 2011: $1,3722011Revenue 2012: $366,363Expenses 2012: $342,399Net Income 2012: $23,9642012Revenue 2013: $386,002Expenses 2013: $386,756Net Income 2013: -$7542013Revenue 2014: $455,561Expenses 2014: $423,643Net Income 2014: $31,9182014Revenue 2015: $539,413Expenses 2015: $547,373Net Income 2015: -$7,9602015Revenue 2016: $623,613Expenses 2016: $610,430Net Income 2016: $13,1832016Revenue 2017: $687,298Expenses 2017: $606,797Net Income 2017: $80,5012017Revenue 2018: $832,891Expenses 2018: $785,398Net Income 2018: $47,4932018Revenue 2019: $839,519Expenses 2019: $809,939Net Income 2019: $29,5802019Revenue 2020: $659,430Expenses 2020: $607,595Net Income 2020: $51,8352020Revenue 2021: $1,214,026Expenses 2021: $722,152Net Income 2021: $491,8742021Revenue 2022: $478,041Expenses 2022: $755,404Net Income 2022: -$277,3632022Revenue 2023: $495,154Expenses 2023: $827,081Net Income 2023: -$331,9272023Revenue 2024: $620,216Expenses 2024: $862,819Net Income 2024: -$242,6032024

Highlighted filing

2015

Revenue$539,413
Expenses$547,373
Net Income-$7,960
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 10, 2016
Return Version
2015v2.0
Gross Receipts
$575,026
Mission and Program Overview

Mission

ArtSpan builds community by connecting the public to visual arts in san Francisco. Through SF Open Studios, youth and adult education, and art-centric events, ArtSpan creates a platform for artists to thrive, fostering a Bay Area that values the arts.

ArtSpan is committed to cultivating a vibrant, accessible, and world-class art community in San Francisco and to promoting the city's unique creative energy locally and globally. We champion an inclusive art experience by providing hundreds of local artists with the equal opportunity to showcase their work and make direct connections to diverse audiences and patrons. We are guided by the belief that artists play a vital role in society and that broad public engagement with their work is essential to defining a new cultural environment for our changing city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$37,043$55,816▲ $18,773
Accounts Receivable$37,870$25,852▼ $12,018
Prepaid Expenses and Deferred Charges$32,220$11,481▼ $20,739
Land, Buildings, and Equipment, Net-$3,329-
Savings and Temporary Cash Investments-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$107,133$96,478▼ $10,655
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$20,523$17,828▼ $2,695
Total Liabilities$20,523$17,828▼ $2,695
Net Assets / Fund Balance
Unrestricted Net Assets$76,610$72,650▼ $3,960
Temporarily Rstr Net Assets$10,000$6,000▼ $4,000
Total Net Assets Fund Balance$86,610$78,650▼ $7,960
Total Liabilities and Net Assets / Fund Balance$107,133$96,478▼ $10,655

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,329$666$3,995
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joen MadonnaExecutive DirectorFT$90,471$90,471

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$164,145
Program Service Revenue
$281,075
Investment Income
$0
Other Revenue
$94,193
All Other Contributions
$114,705
Change in Net Assets
$-7,960

Audited Revenue Reconciliation

Revenue per Audited Statements
$533,413
Revenue Not Reported on Financial Statements
$6,000
Revenue Not Reported on Form 990
$45,613
Other Revenue Adjustments
$6,000
Total Revenue per Audited Statements
$579,026
Total Revenue per Form 990
$539,413
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$307,762
Salaries, Compensation, and Employee Benefits$239,611
Total Fundraising Expense$114,396
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$52,431$9,614$58,553$120,598
Current Officers, Directors, Trustees, and Key Employees$38,915$39,741$11,815$90,471
Fees for Services Other$53,942$1,818$7,443$63,203
Information Technology$45,150$13,414-$58,564
Payroll Taxes$6,320$5,714$6,017$18,051
Office Expenses$7,218$7,639$769$15,626
Fees for Services Accounting-$15,613-$15,613
Other Expenses$23,823$10,648$3,284$13,932
Other Employee Benefits$3,673$3,321$3,497$10,491
Occupancy$3,046$2,754$2,900$8,700
All Other Expenses$25,974$13,908$-33,316$6,566
Advertising$6,144--$6,144
Insurance$835$4,878-$5,713
Travel$438$244$175$857
Depreciation Depletion-$666-$666
Total Functional Expenses$300,285$132,692$114,396$547,373

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$582,986
Expenses per Audited Statements$547,373
Total Expenses per Form 990$547,373
Expenses Not Reported on Form 990$35,613
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$129,110
Fundraising Direct Expenses$35,613
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auctions, art sales$129,110$129,110$4,726$124,384
Total Events$129,110$129,110$35,613$93,497
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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, Line 11B: Form 990 Review Process

FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS REVIEWED BYTHE ORGANIZATION'S MANAGEMENT AND THE EXECUTIVE DIRECTOR. After a full review (with modifications where necessary), the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final return 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 directors review all potential conflicts of interest at least annually. The executive director and all board members are required to disclose (in writing) potential conflicts and any related party affiliations. Loans between the organization and members of management and the board are strictly prohibited. The organization seeks full transparency on 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 directors review the compensation of the executive 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 PERSONNEL AND KEY 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 reviewed and approved by the Board of Directors (when necessary) and DOCUMENTation is placed 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 for a physical inspection at the organization's office in san francisco, california.

Filing and Contact Details

Filer

Filer Name
ArtSpan
EIN
94-3148481
Phone
4158619838
Address
934 Brannan Street, San Francisco, CA 94103

Signing Officer

Name
Joen Madonna
Title
Executive Director
Signed
2016-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joen Madonna
Formed
1991
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
4
Volunteers
10

Preparer

Firm
Regalia & Associates CPAs
Address
103 Town Country Dr Ste K, Danville, CA 94526
Preparer
Douglas W Regalia
Phone
9253140390
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, ArtSpan is required to report information regarding its exposure to various tax positions taken by the organization 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 ArtSpan has adequately evaluated its current tax positions and has concluded that as of December 31, 2015, ArtSpan does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.ArtSpan 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. This exemption is subject to periodic review by the federal and state taxing authorities and management is confident that the organization continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. ArtSpan may periodically receive unrelated business income requiring the organization to file separate tax returns under federal and state statutes. Under such conditions, ArtSpan calculates and accrues the applicable taxes payable.

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

Net assets released from restrictions $10000 Fundraising Expenses $35613

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

Temp Restricted Contributions $6000

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

Fundraising Expenses $35613

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IRS990/Form990PartVIISectionAGrp/PersonNm1Dan Teree
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IRS990/Form990PartVIISectionAGrp/PersonNm11Rick Taipale
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IRS990/MissionDesc0ArtSpan builds community by connecting the public to visual arts in san Francisco. Through SF Open Studios, youth and adult education, and art-centric events, ArtSpan creates a platform for artists to thrive, fostering a Bay Area that values the arts.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Since 2001, Artspan's Art for City Youth Program has connected local working artists with under-served youth in San Francisco. Each year Art for City Youth provides free arts mentoring to public schools, serving over 800 elementary school students with art classes, guided learning in visual thinking strategies, and interactive tours of the San Francisco Open Studios Exhibition. Artspan offers public engagement with youth and families at events throughout the city.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.21$0.09$0.62$0.86$0.24
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.20$0.18$0.50$0.83$0.33
2022Detailed filing. Detailed filing data is available for this year.$0.73$0.22$0.52$0.48$0.76$0.28
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.20$0.79$1.21$0.72$0.49
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.28$0.30$0.66$0.61$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.33$0.08$0.25$0.84$0.81$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.03$0.22$0.83$0.79$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.19$0.01$0.17$0.69$0.61$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.03$0.09$0.62$0.61$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.02$0.08$0.54$0.55$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.11$0.02$0.09$0.46$0.42$0.03
2013Summary only. Only limited summary data is available for this year.$0.08$0.02$0.05$0.39$0.39$0.00
2012Summary only. Only limited summary data is available for this year.$0.06$0.01$0.06$0.37$0.34$0.02
2011Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.37$0.37$0.00
2010Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.32$0.35$0.02