Skip to content
Nonprofiteer
← MAGNES MUSEUM FOUNDATION

Form 990 for tax year 2023

Filed by MAGNES MUSEUM FOUNDATION.

Totals

Total revenue
$126,193
Total expenses
$376,936
Contributions and grants received
$55,196
Grants paid
$332,984
Program service revenue
$0
Investment income
$70,997
Other revenue
$0
Total assets, end of year
$4,164,948
Total liabilities, end of year
$422,030
Net assets or fund balances, end of year
$3,742,918
Program services expenses (Part IX)
$332,984
Management and general expenses
$43,952
Fundraising expenses
$0
Program service expenses (Part III)
$332,984

Program services were 88.3% 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.

  • 1d · Related organizations

    $32,297

  • 1f · All other contributions, gifts and grants

    $22,899

  • 3 · Investment income

    total $69,097 · excluded $69,097

  • 7a · Gross sales of assets other than inventory

    securities $555,313

  • 7b · Less cost or other basis and sales expenses

    securities $553,413

  • 7c · Gain or loss

    securities $1,900

  • 7d · Net gain or loss

    total $1,900 · excluded $1,900

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $332,984 · program services $332,984

  • 11f · Fees: investment management

    total $4,050 · management and general $4,050

  • 24a · Other expenses: ADMINISTRATIVE FEE

    total $25,321 · management and general $25,321

  • 24b · Other expenses: PROPERTY TAXES

    total $12,914 · management and general $12,914

  • 24c · Other expenses: CATERING FEES

    total $1,523 · management and general $1,523

  • 24d · Other expenses: BANK FEES

    total $144 · management and general $144

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $51,027 · end of year $351,192

  • 4 · Accounts receivable

    beginning of year $31,987 · end of year $31,987

  • 10a · Land, buildings and equipment: cost or other basis

    $750,000

  • 10c · Land, buildings and equipment, net

    beginning of year $750,000 · end of year $750,000

  • 12 · Investments: other securities

    beginning of year $3,200,834 · end of year $3,031,769

  • 17 · Accounts payable and accrued expenses

    end of year $1,488

  • 18 · Grants payable

    beginning of year $350,852 · end of year $414,035

  • 25 · Other liabilities

    beginning of year $6,418 · end of year $6,507

  • 27 · Net assets without donor restrictions

    beginning of year $2,523,550 · end of year $2,514,599

  • 28 · Net assets with donor restrictions

    beginning of year $1,153,028 · end of year $1,228,319

Mission and programs · 2023

Mission

SUPPORTS CHARITABLE, EDUCATIONAL, & RELIGIOUS PURPOSES OF JEWISH COMM FEDERATION OF SF.

  • THE FOUNDATION MADE GRANTS IN SUPPORT OF THE CHARITABLE, EDUCATIONAL, SCIENTIFIC OR RELIGIOUS PURPOSES OF THE JEWISH COMMUNITY FEDERATION OF SAN FRANCISCO, THE PENINSULA, MARIN AND SONOMA COUNTIES.

    Expenses $332,984 · Grants $332,984

As filed on the 2023 return.

Listed in Part VII

  • Sandy Colen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shana Penn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Riley

    DIRECTOR, TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Barry Cohn

    DIRECTOR, PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Barbara Rothblatt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lisa Tabak

    DIRECTOR, SECRETARY

    Total calculated
    $212,881
    From this org
    $0
    From related orgs
    $192,460
    Other
    $20,421
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $190,166 related
    Bonus
    $0
    Other
    $0 + $2,294 related
    Deferred
    $0 + $5,055 related
    Nontaxable benefits
    $0 + $15,366 related
    Filer's total
    $0 + $212,881 related

  • Steve Brown

    DIRECTOR

    Total calculated
    $190,269
    From this org
    $0
    From related orgs
    $173,219
    Other
    $17,050
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $172,400 related
    Bonus
    $0
    Other
    $0 + $819 related
    Deferred
    $0 + $5,202 related
    Nontaxable benefits
    $0 + $11,848 related
    Filer's total
    $0 + $190,269 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202423199349301302

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.