Civic Intelligence

San Diego Comic Convention

990 • Fiscal year 2021 • EIN 95-3072188

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

PO Box 128458San Diego, CA 92112-8458

(619) 414-1020

Siviq Scores

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

Liabilities / Assets

84th percentile

0.70x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

93rd percentile

4.20x

Higher debt load relative to revenue than 93% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

3rd percentile

-64%

Higher net margin than 3% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

41st percentile

$211,994

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

8th percentile

-6.5%

Faster asset growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

87th percentile

83%

Faster revenue growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Down

$43,401,363

Down $3,019,385 (-6.5%) from 2020

Net Assets

Down

$12,922,884

Down $4,897,392 (-27%) from 2020

Liabilities

Up

$30,478,479

Up $1,878,007 (+6.6%) from 2020

Revenue

Up

$7,260,590

Up $3,290,734 (+83%) from 2020

Expenses

Up

$11,927,946

Up $424,830 (+3.7%) from 2020

Net Income

Up

-$4,667,356

Up $2,865,904 (+38%) from 2020

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $13,478,364Liabilities 2011: $2,602,295Net Assets 2011: $10,876,0692011Assets 2012: $17,652,710Liabilities 2012: $3,947,040Net Assets 2012: $13,705,6702012Assets 2013: $17,302,682Liabilities 2013: $856,844Net Assets 2013: $16,445,8382013Assets 2014: $22,298,585Liabilities 2014: $2,450,225Net Assets 2014: $19,848,3602014Assets 2015: $28,086,425Liabilities 2015: $3,227,816Net Assets 2015: $24,858,6092015Assets 2016: $33,765,199Liabilities 2016: $5,684,402Net Assets 2016: $28,080,7972016Assets 2017: $35,485,521Liabilities 2017: $4,890,287Net Assets 2017: $30,595,2342017Assets 2018: $45,004,734Liabilities 2018: $16,519,200Net Assets 2018: $28,485,5342018Assets 2019: $44,361,432Liabilities 2019: $15,711,753Net Assets 2019: $28,649,6792019Assets 2020: $46,420,748Liabilities 2020: $28,600,472Net Assets 2020: $17,820,2762020Assets 2021: $43,401,363Liabilities 2021: $30,478,479Net Assets 2021: $12,922,8842021Assets 2022: $37,065,318Liabilities 2022: $24,694,252Net Assets 2022: $12,371,0662022Assets 2023: $44,075,481Liabilities 2023: $26,740,379Net Assets 2023: $17,335,1022023Assets 2024: $48,218,794Liabilities 2024: $26,366,697Net Assets 2024: $21,852,0972024

Highlighted filing

2021

Assets$43,401,363
Liabilities$30,478,479
Net Assets$12,922,884

Operations Trend

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

$40M$20M$0-$20MRevenue 2011: $11,974,280Expenses 2011: $9,937,203Net Income 2011: $2,037,0772011Expenses 2012: $11,326,6222012Expenses 2013: $12,106,7832013Revenue 2014: $17,260,563Expenses 2014: $13,858,041Net Income 2014: $3,402,5222014Revenue 2015: $19,800,838Expenses 2015: $15,309,029Net Income 2015: $4,491,8092015Revenue 2016: $21,988,184Expenses 2016: $18,822,455Net Income 2016: $3,165,7292016Revenue 2017: $24,418,845Expenses 2017: $21,904,408Net Income 2017: $2,514,4372017Revenue 2018: $25,560,690Expenses 2018: $27,670,390Net Income 2018: -$2,109,7002018Revenue 2019: $28,522,117Expenses 2019: $28,357,972Net Income 2019: $164,1452019Revenue 2020: $3,969,856Expenses 2020: $11,503,116Net Income 2020: -$7,533,2602020Revenue 2021: $7,260,590Expenses 2021: $11,927,946Net Income 2021: -$4,667,3562021Revenue 2022: $27,589,842Expenses 2022: $28,053,463Net Income 2022: -$463,6212022Revenue 2023: $34,082,632Expenses 2023: $29,060,270Net Income 2023: $5,022,3622023Revenue 2024: $35,379,610Expenses 2024: $30,862,615Net Income 2024: $4,516,9952024

Highlighted filing

2021

Revenue$7,260,590
Expenses$11,927,946
Net Income-$4,667,356
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$7,697,548
Mission and Program Overview

Mission

Comic-con international is a non-profit educational corporationdedicated to creating awareness of, and appreciation for, comics andrelated popular art forms, primarily through the presentation ofconventions and events that celebrate the historic and ongoing

Charitable non-profit organization promoting comics and related popular art forms.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,783,646$26,292,892▲ $509,246
Savings and Temporary Cash Investments$8,237,286$8,238,131▲ $845
Cash and Non-Interest-Bearing Accounts$9,643,527$6,842,873▼ $2,800,654
Prepaid Expenses and Deferred Charges$1,704,147$1,225,516▼ $478,631
Accounts Receivable$1,052,142$393,077▼ $659,065
Inventories for Sale or Use-$165,610-
Total Assets$46,420,748$43,401,363▼ $3,019,385
Other Assets Total$0$243,264▲ $243,264
Liabilities
Deferred Revenue$16,794,119$16,446,690▼ $347,429
Mortgage Notes Payable Secured by Investment Property$11,270,942$11,097,246▼ $173,696
Accounts Payable and Accrued Expenses$482,924$2,378,536▲ $1,895,612
Other Liabilities$52,487$556,007▲ $503,520
Total Liabilities$28,600,472$30,478,479▲ $1,878,007
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,017,423$12,428,370▼ $4,589,053
Net Assets With Donor Restrictions$802,853$494,514▼ $308,339
Total Net Assets Fund Balance$17,820,276$12,922,884▼ $4,897,392
Total Liabilities and Net Assets / Fund Balance$46,420,748$43,401,363▼ $3,019,385

Asset Categories

AssetBook ValueDepreciationBasis
Land$14,161,500-$14,161,500
Buildings$6,367,985$864,089$7,232,074
Leasehold Improvements$4,384,567$199,001$4,583,568
Equipment$1,378,840$2,686,026$4,064,866
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David GlanzerChief Communications and Strategy OfficerFT$163,415$17,078$180,493
Dona Fae DesmondExecutive DirectorFT$173,532$38,462$173,532
Mark YturraldeChief Technical OfficerFT$142,880$23,454$166,334
David GlanzerChief Communications and Strategy of-$163,415-$163,415
Maija GatesChief Experience OfficerFT$147,072$9,698$156,770
Robin DonlanPresidentFT$144,518$528$145,046
Eddie IbrahimSenior Director of ProgrammingFT$116,675$10,640$127,315
Colin McginnSoftware DeveloperFT$102,576-$102,576
Rita VandergawMuseum Executive DirectorFT$17,263-$17,263
Craig FellowsVice President of OperationsPT$13,411-$13,411
Mary SturhannSecretaryPT$9,461-$9,461

Board Members and Trustees

NameTitle
Chris SturhannDirector
Frank AllisonDirector
John SmithDirector
Michelle HyltonDirector
Ned CatoDirector
Ron McfeeDirector
Shelly FrucheyDirector
Lee OethTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,154,710
Program Service Revenue
$4,728,941
Investment Income
$1,230
Other Revenue
$375,709
All Other Contributions
$656,296
Change in Net Assets
$-4,667,356

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,260,590
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,260,590
Total Revenue per Form 990
$7,260,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,244,221
Salaries, Compensation, and Employee Benefits$4,683,725
Total Fundraising Expense$912,018
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,894,271$404,111$227,312$2,525,694
All Other Expenses$775,797$165,504$93,095$1,034,396
Current Officers, Directors, Trustees, and Key Employees$773,102$164,928$92,772$1,030,802
Other Employee Benefits$638,577$136,230$76,629$851,436
Fees for Services Legal$534,734$114,077$64,168$712,979
Information Technology-$691,511-$691,511
Depreciation Depletion$548,488$137,122-$685,610
Other Expenses$385,148$82,165$46,218$513,531
Interest-$417,264-$417,264
Payroll Taxes$206,845$44,127$24,821$275,793
Travel$115,169$24,569$13,820$153,558
Office Expenses$110,924$23,664$13,311$147,899
Advertising$60,313-$5,965$66,278
Total Functional Expenses$8,159,264$2,856,664$912,018$11,927,946

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,927,946
Total Expenses per Audited Statements$11,927,946
Total Expenses per Form 990$11,927,946
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Maija GatesFamily MemberCompensationNo$147,072
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Earnest Money$500,000
Security Deposits- Barriohaus$50,231
Cci Lease Liability$5,776
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
Yes
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 A, Line 2

Mary sturhann (board member) and chris sturhann (board member) have a family relationship. Executive director, dona fae desmond, has a daughter that is employed by the organization.

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

The 990 is distributed to board members for review.

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

The conflict of interest policy is explained to new employees and any disclosures are kept on file. Forms with any conflicts are reviewed annually by hr, executive director and president. All conflicts are disclosed to the board for discussion. All board members, employees, and volunteers are covered. If a conflict arises the person with such conflict is not allowed to vote on the transaction. There have been no incidences of conflict during the reporting year.

Form 990, Part VI, Section B, Line 15

Compensation for the executive director and officers is reviewed by the independent compensation committee using industry comparable data. Compensation paid to board members is in their capacity as employees not for their board positions. Compensation for the other officers and key employees is reviewed by the independent compensation committee using industry comparable data.

Form 990, Part VI, Section C, Line 18

Https://www.comic-con.org/

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
San Diego Comic Convention
EIN
95-3072188
Phone
6194141020
Address
PO BOX 128458, SAN DIEGO, CA 92112-8458

Signing Officer

Name
Lee Oeth
Title
Treasurer
Phone
6164141020
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Oeth
Formed
1975
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
7
Employees
79
Volunteers
2,100

Preparer

Firm
Duffy Kruspodin Llp
Address
4225 EXECUTIVE SQUARE SUITE 900, LA JOLLA, CA 92037-1485
Preparer
Daisy Hom CPA
Phone
8586425050
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization considers effects related to the recognition of uncertain tax positions. The organization will disclose the tax benefit associated with a tax position taken for tax return purposes when it is more likely than not that the position will be sustained. Management has determined that the organization has no uncertain tax positions at december 31, 2021 and therefore no liability has been recorded.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12MUSEUM EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF TECHNICAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14SENIOR DIRECTOR OF PROGRAMMING
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF EXPERIENCE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF COMMUNICATIONS AND STRATEGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17SOFTWARE DEVELOPER
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IRS990/InterestGrp/TotalAmt0417264
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IRS990/LobbyingActivitiesInd00
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SAN DIEGO COMIC CONVENTION (COMIC-CON INTERNATIONAL) IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION ORGANIZED FOR CHARITABLE PURPOSES AND DEDICATED TO CREATING THE GENERAL PUBLIC'S AWARENESS OF AND APPRECIATION FOR COMICS AND RELATED POPULAR ART FORMS, INCLUDING PARTICIPATION IN AND SUPPORT OF PUBLIC PRESENTATIONS, CONVENTIONS, EXHIBITS, MUSEUMS AND OTHER PUBLIC OUTREACH ACTIVITIES WHICH CELEBRATE THE HISTORIC AND ONGOING CONTRIBUTION OF COMICS TO ART AND CULTURE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt011097246
IRS990/NetAssetsOrFundBalancesBOYAmt017820276
IRS990/NetAssetsOrFundBalancesEOYAmt012922884
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0144524
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt013311
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt0243264
IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0136230
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IRS990/OtherExpensesGrp/Desc2LABOR
IRS990/OtherExpensesGrp/Desc3RENTALS
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IRS990/OtherExpensesGrp/FundraisingAmt184079
IRS990/OtherExpensesGrp/FundraisingAmt250577
IRS990/OtherExpensesGrp/FundraisingAmt346218
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0212002
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt289916
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IRS990/OtherExpensesGrp/TotalAmt1934212
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt044127
IRS990/PayrollTaxesGrp/ProgramServicesAmt0206845
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IRS990/PoliticalCampaignActyInd00
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IRS990/PrincipalOfficerNm0LEE OETH
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP
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IRS990/ProgramServiceRevenueGrp/Desc2CONVENTION SPONSORSHIP
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IRS990/ProgramServiceRevenueGrp/Desc4LICENSING REVENUE
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11290211
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2469250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt362806
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2469250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt362806
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt432581
IRS990/ProgSrvcAccomActy2Grp/Desc0MUSUEM:THRIVE AS A WORLD-CLASS ATTRACTION AND GATEWAY TO POPULAR ART, CULTURE, AND LIFE-LONG LEARNING FOR SAN DIEGO RESIDENTS AND VISITING TOURISTS. SERVE AS A POP CULTURE FOCAL POINT, ENHANCING THE WAYS SAN DIEGO CELEBRATES ITS UNIQUE PLACE IN THE POPULAR CULTURE LANDSCAPE. ENHANCE THE ECONOMIC STRENGTH OF THE COMMUNITY. BECOME A SUSTAINABLE MODEL FOR EQUITABLE AND ENVIRONMENTALLY-SOUND COMMUNITY SERVICE THROUGH OUR PRACTICES AND OFFERINGS.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt085912
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYOtherExpensesAmt05271160
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IRS990/PYProgramServiceRevenueAmt0980165
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IRS990/RegularMonitoringEnfrcInd01
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04999343
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0398320

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$48.2$26.4$21.9$35.4$30.9$4.52
2023Detailed filing. Detailed filing data is available for this year.$44.1$26.7$17.3$34.1$29.1$5.02
2022Detailed filing. Detailed filing data is available for this year.$37.1$24.7$12.4$27.6$28.1$0.46
2021Detailed filing. Detailed filing data is available for this year.$43.4$30.5$12.9$7.26$11.9$4.67
2020Detailed filing. Detailed filing data is available for this year.$46.4$28.6$17.8$3.97$11.5$7.53
2019Detailed filing. Detailed filing data is available for this year.$44.4$15.7$28.6$28.5$28.4$0.16
2018Detailed filing. Detailed filing data is available for this year.$45.0$16.5$28.5$25.6$27.7$2.11
2017Detailed filing. Detailed filing data is available for this year.$35.5$4.89$30.6$24.4$21.9$2.51
2016Detailed filing. Detailed filing data is available for this year.$33.8$5.68$28.1$22.0$18.8$3.17
2015Detailed filing. Detailed filing data is available for this year.$28.1$3.23$24.9$19.8$15.3$4.49
2014Detailed filing. Detailed filing data is available for this year.$22.3$2.45$19.8$17.3$13.9$3.40
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$0.86$16.4$12.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$3.95$13.7$11.3
2011Summary only. Only limited summary data is available for this year.$13.5$2.60$10.9$12.0$9.94$2.04