Form 990 for tax year 2023
Filed by FRIENDS OF SCHOOL OF THE ART FOUNDATION.
Totals
- Total revenue
- $209,015
- Total expenses
- $250,126
- Contributions and grants received
- $193,175
- Grants paid
- $149,366
- Program service revenue
- $0
- Investment income
- $10,820
- Other revenue
- $5,020
- Total assets, end of year
- $482,563
- Total liabilities, end of year
- $72,116
- Net assets or fund balances, end of year
- $410,447
- Program services expenses (Part IX)
- $244,070
- Management and general expenses
- $3,568
- Fundraising expenses
- $2,488
- Program service expenses (Part III)
- $244,070
Program services were 97.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$193,175
-
3 · Investment income
total $10,820 · excluded $10,820
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$555
-
10b · Cost of goods sold
$600
-
10c · Net income from sales of inventory
total -$45 · related or exempt -$45
-
11a · Other revenue: Fiscal Sponsorship Fee
total $5,065 · excluded $5,065
-
11e · Other revenue, total
$5,065
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $149,366 · program services $149,366
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $1,417 · management and general $1,417
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $1,968 · fundraising $1,968
-
13 · Office expenses
total $0
-
14 · Information technology
total $2,962 · program services $2,336 · management and general $140 · fundraising $486
-
15 · Royalties
total $0
-
16 · Occupancy
total $2,822 · program services $2,030 · management and general $792
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $308 · management and general $308
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $4,192 · program services $4,023 · management and general $135 · fundraising $34
-
24a · Other expenses: School Program Support
total $86,265 · program services $86,265
-
24b · Other expenses: Bank Fees
total $488 · management and general $488
-
24c · Other expenses: Postage and Shipping
total $268 · management and general $268
-
24d · Other expenses: Supplies & Materials
total $50 · program services $50
-
24e · All other expenses
total $20 · management and general $20
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $216,463 · end of year $18,071
-
2 · Savings and temporary cash investments
beginning of year $200,000 · end of year $436,031
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $30,960 · end of year $28,461
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,541 · end of year $6,130
-
25 · Other liabilities
beginning of year $29,335 · end of year $65,986
-
27 · Net assets without donor restrictions
beginning of year $370,388 · end of year $357,896
-
28 · Net assets with donor restrictions
beginning of year $46,159 · end of year $52,551
Mission and programs · 2023
Mission
Friends of Ruth Asawa School of the Arts FOSOTA is dedicated to championing arts education and arts-based learning at San Franciscos groundbreaking public arts high school and beyond. Our community of donors, volunteers, educators, students, alumni, artists, activists, and allies believe in the transformative power of art in the schools. Together we are mighty.
-
DIVERSITY AND INCLUSION SUPPORT: FOSOTA offers free or low-fee funds management for mission-aligned projects that need access to nonprofit grants. In FY 23-24, the organization managed $100k+ in grant funds for projects by students from schools throughout the city, including an after-school safe space for middle schoolers facing education challenges, an outreach program dedicated to addressing accessibility in arts education, and youth workshops to fill the overlooked gap between art and entrepreneurship.
Expenses $182,954 · Grants $110,148
-
ALUMNI OUTREACH: The Asawa SOTA alumni association cultivates community, connections, and camaraderie to support and celebrate alumni, the school, and arts-based learning. Funded by FOSOTA to foster equity and inclusion, the alumni association is dues-free, and all Asawa SOTA alumni are automatically members. In addition to funding the association, FOSOTA provided over $8k in graduation support and alumni grants in FY 23-24. FARM ARTS PROGRAMMING: FOSOTA supports the McAteer Campus Community Farm in developing farm-to-school and sustainable culinary arts programming. In FY 23-24, FOSOTA provided $11k in funding for farm maintenance, repairs, and community events. Additionally, FOSOTA began the management of a $100K USDA grant to establish the site as San Franciscos first schoolyard farm providing produce for public school meals.
Expenses $26,092 · Grants $12,205
-
CAPSTONE PROJECT AWARDS: Our application-based grants provide funds for student, teacher, department, and community projects. Among them are grants to seniors to help them realize their capstone projects-- in-depth explorations with real-world applications that integrate the academic, artistic, cultural, and personal experiences of an arts-based education. In FY 23-24, the organization provided $20k in student funding, in addition to providing support for the teachers and a capstone project advisor.
Expenses $25,716 · Grants $19,513
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Anne Yanow
President
- Total calculated
- $0
- Hours/week
- 10
-
Suzanne Dehne
Treasurer
- Total calculated
- $0
- Hours/week
- 20
-
Adam Maggio
Director
- Total calculated
- $0
- Hours/week
- 2
-
Don Fontowitz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Leslie Lum
Director
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl Kapchan
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Jen Burke
Director
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433209349300608
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