Civic Intelligence

Artspan

990 • Fiscal year 2022 • EIN 94-3148481

Jan 01, 2022 to Dec 31, 2022 • Filed on May 26, 2023

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

81st percentile

0.30x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

85th percentile

0.46x

Higher debt load relative to revenue than 85% of similar nonprofits.

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

Net Margin

6th percentile

-58%

Higher net margin than 6% of similar nonprofits.

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

Top Officer Pay

93rd percentile

$134,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 28.0% of source-year revenue.

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

Asset Growth

8th percentile

-26%

Faster asset growth than 8% of similar nonprofits.

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

Revenue Growth

5th percentile

-61%

Faster revenue growth than 5% of similar nonprofits.

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

Assets

Down

$734,049

Down $258,592 (-26%) from 2021

Net Assets

Down

$515,753

Down $277,363 (-35%) from 2021

Liabilities

Up

$218,296

Up $18,771 (+9.4%) from 2021

Revenue

Down

$478,041

Down $735,985 (-61%) from 2021

Expenses

Up

$755,404

Up $33,252 (+4.6%) from 2021

Net Income

Down

-$277,363

Down $769,237 (-156%) 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 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

2022

Assets$734,049
Liabilities$218,296
Net Assets$515,753

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

2022

Revenue$478,041
Expenses$755,404
Net Income-$277,363
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 26, 2023
Return Version
2022v5.0
Gross Receipts
$489,084
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 (continued on Schedule O page 2)

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$940,068$670,426▼ $269,642
Accounts Receivable$42,695$53,684▲ $10,989
Prepaid Expenses and Deferred Charges$5,413$6,447▲ $1,034
Land, Buildings, and Equipment, Net$4,465$3,492▼ $973
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$992,641$734,049▼ $258,592
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$149,900$149,900→ $0
Other Liabilities$23,452$35,218▲ $11,766
Accounts Payable and Accrued Expenses$26,173$33,178▲ $7,005
Total Liabilities$199,525$218,296▲ $18,771
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$564,670$349,140▼ $215,530
Net Assets With Donor Restrictions$228,446$166,613▼ $61,833
Total Net Assets Fund Balance$793,116$515,753▼ $277,363
Total Liabilities and Net Assets / Fund Balance$992,641$734,049▼ $258,592

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,492$10,741$14,233
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joen MadonnaExec DirectorFT$134,000$134,000

Board Members and Trustees

NameTitle
Matthew McKinleyInt Board Chair
Brian CullenDirector
Chirstopher GilbertDirector
Cynthia Farner MDDirector
Seja HallDirector
Robo GersonSecretary
Greta SchnetzlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$216,845
Program Service Revenue
$163,651
Investment Income
$0
Other Revenue
$97,545
All Other Contributions
$102,999
Change in Net Assets
$-277,363

Audited Revenue Reconciliation

Revenue per Audited Statements
$478,041
Revenue Not Reported on Form 990
$72,876
Total Revenue per Audited Statements
$550,917
Total Revenue per Form 990
$478,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$400,864
Other Expenses$354,540
Total Fundraising Expense$65,602
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$180,715$12,323$20,995$214,033
Current Officers, Directors, Trustees, and Key Employees$57,620$57,620$18,760$134,000
Fees for Services Other$82,620$10,485-$93,105
All Other Expenses$27,376$16,751$7,236$51,363
Advertising$28,164--$28,164
Payroll Taxes$19,484$4,874$3,015$27,373
Other Employee Benefits$14,551$8,008$2,899$25,458
Fees for Services Accounting-$22,545-$22,545
Other Expenses$20,400$8,203$3,693$20,400
Office Expenses$10,847$7,817$1,400$20,064
Occupancy$5,019$6,932-$11,951
Interest-$8,569-$8,569
Insurance$2,813$4,555-$7,368
Conferences and Meetings$2,127$1,428$351$3,906
Information Technology$1,584$2,188-$3,772
Travel$1,294-$497$1,791
Depreciation Depletion-$973-$973
Total Functional Expenses$516,531$173,271$65,602$755,404

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$766,447
Expenses per Audited Statements$755,404
Total Expenses per Form 990$755,404
Expenses Not Reported on Form 990$11,043
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$108,588
Fundraising Direct Expenses$11,043
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auctions, art sales$110,838$108,588$11,043$97,545
Total Events$110,838$108,588$11,043$97,545
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
Robo GersonPartnr in vendorpayment for servicesNo$13,396
Matt McKinleyPartnr in vendorpayment for servicesNo$12,000

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
Accrued payroll liabilities$19,494
Accrued Interest$10,295
Refundable Advance$5,429
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, 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 form 990 which is then e-filed with the internal revenue service.

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

Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. 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, Section B, Line 15A

Members of the board of directors review the compensation of all high-level personnel 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, Section B, Line 15B

Compensation of other personnel and highly compensated 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, Section C, Line 19

All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.

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
Phone
4158619838
Signed
2023-05-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joen Madonna
Formed
1991
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
6
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

Additional Explanations

Form 990, Part III, Line 4D

OTHER PROGRAM SERVICES 4: Onondaga CampaignArtSpan is redeveloping a city-owned historic building at 45 Onondaga Avenue to provide artists and local residents a community classroom, gallery, resource center, and 10 full-time artist studios. The facility will also serve as ArtSpan's offices and headquarters for our public and member programming and events.

4C: Artist Resources, Advocacy & Membership continued

ARTSPAN MEMBERSHIP OFFERS THE FOLLOWING BENEFITS TO ARTISTS:Promotion of your artwork through ArtSpan's Instagram profilePromotion of your exhibitions via ArtSpan's Facebook pageSubscription to our weekly Artist Opportunity emailEligibility to participate in SF Open StudiosEligibility to submit to ArtSpan's Calls for Entry & Studio Residency Program Free access to attend Professional Development Workshops and Artist MixersArtist Profile in ArtSpan's Public Artist DirectoryMember's call to participate in ArtSpan's year-round Art-in-Neighborhoods ExhibitionsMember's call to apply for ArtSpan SF Open Studios Guide Cover CompetitionMember's call to submit to Artspan's Annual Juried Art AuctionMember's call to submit to ArtSpan's Selections ExhibitionMember profile web page on ArtSpan.orgDiscounted rates on advertising in the SF Open Studios Guide Magazine eNewsletter including a calendar of eventsInvitations to Artist Networking Events

Art-In-Neighborhoods program continued

ArtSpan offers below market-rate studio rentals to artists in San Francisco as part of a cooperative residency program. Artists must be new or existing ArtSpan Artist Members to be eligible to apply. Studio space is offered to artists who have recently been displaced from their San Francisco studios, those who have never had a studio (outside of home or school), and those with a project-based need for work space. The selected artists are expected to contribute as cooperative and collaborative members of the studio community, to volunteer with ArtSpan, and to participate with SF Open Studios in the fall.

Organization Mission continued

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.

Financial Statement Notes

Part X : FIN48 Footnote

Income Taxes ArtSpan is organized as a California nonprofit corporation and has been recognized by the IRS as exempt from federal income taxes under IRC Section 501(a) as organizations described in IRC Section 501(c)(3), qualify for the charitable contribution deduction under IRC Sections 170(b)(1)(A)(vi) and (viii), and has been determined not to be private foundations under IRC Sections 509(a)(1) and (3), respectively. ArtSpan is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. ArtSpan is not required to file an Exempt Organization Business Income Tax Return (Form 990-T) because it had no unrelated business taxable income for the year ended December 31, 2022. 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. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that ArtSpan continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status.

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

Fundraising Expenses $11043 Net Assets Released from Restriction $61833

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

Fundraising Expenses $11043

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Exec Director
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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/Desc0Artist Resources, Advocacy & MembershipArtSpan hosts workshops throughout the year to create community and to help inform artists and art-appreciators about art, art business, art collecting and supporting a successful art career. ArtSpan also provides online resources as well as in-person mentoring to help artists reach their professional goals. ArtSpan's Executive Director has been working with local artists to create community action groups, Save Our Studios and Cultural Space Coalition. She has also been working with Artists for a Better Bay Area, the SF Art Commission and other local organizations about artists studio and residential displacement and an $8-million enhancement to the Mayors budget for additional funding for the arts sector. (continued on Schedule O page 2)
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IRS990/ProgSrvcAccomActy3Grp/Desc0Art-In-Neighborhoods programArtSpans Art-In-Neighborhoods program serves the city of San Francisco by connecting communities with local artists while activating spaces with vibrant, locally-made artwork. ArtSpan partners with local businesses and building owners to bring art studios, art exhibitions, and art events to businesses, dormant storefronts, and empty spaces. Local artists who are ArtSpan members are given the opportunity to create, display, promote, and sell their artwork in these diverse venues. All aspects of the program allow otherwise unused walls, spaces, or properties to become creative arenas for celebrating local arts. (continued on Schedule O pages 1 and 2)
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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