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← YERBA BUENA CENTER FOR THE ARTS

Form 990 for tax year 2023

Filed by YERBA BUENA CENTER FOR THE ARTS.

Totals

Total revenue
$11,631,903
Total expenses
$18,647,756
Contributions and grants received
$2,663,602
Grants paid
$3,332,300
Program service revenue
$8,037,856
Investment income
$322,806
Other revenue
$607,639
Total assets, end of year
$17,841,755
Total liabilities, end of year
$2,115,637
Net assets or fund balances, end of year
$15,726,118
Program services expenses (Part IX)
$15,825,726
Management and general expenses
$1,548,279
Fundraising expenses
$1,273,751
Program service expenses (Part III)
$15,825,726

Program services were 84.9% 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.

  • 1b · Membership dues

    $10,555

  • 1e · Government grants (contributions)

    $1,976,250

  • 1f · All other contributions, gifts and grants

    $676,797

  • 2a · Program service revenue: BOX OFFICE TICKET SALES

    total $20,468 · related or exempt $20,468

  • 2b · Program service revenue: FACILITY RENTALS

    total $5,227,929 · related or exempt $5,227,929

  • 2c · Program service revenue: LICENSE AGREEMENT INCOME

    total $102,468 · related or exempt $102,468

  • 2d · Program service revenue: NAMING REVENUE

    total $1,427,993 · related or exempt $1,427,993

  • 2e · Program service revenue: SUBSIDIZED COMMUNITY PROG

    total $1,258,998 · related or exempt $1,258,998

  • 3 · Investment income

    total $305,123 · excluded $305,123

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $64,139

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

    securities $46,456

  • 7c · Gain or loss

    securities $17,683

  • 7d · Net gain or loss

    total $17,683 · excluded $17,683

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $3,102,385

  • 9b · Gaming: direct expenses

    $2,579,471

  • 9c · Net income from gaming

    total $522,914 · related or exempt $522,914

  • 10a · Gross sales of inventory

    $85,039

  • 10b · Cost of goods sold

    $17,761

  • 10c · Net income from sales of inventory

    total $67,278 · related or exempt $67,278

  • 11a · Other revenue: OTHER INCOME

    total $17,447 · related or exempt $17,447

  • 11e · Other revenue, total

    $17,447

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $3,332,300 · program services $3,332,300

  • 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 $505,943 · program services $303,566 · management and general $139,134 · fundraising $63,243

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $7,005,496 · program services $6,412,212 · management and general $397,710 · fundraising $195,574

  • 8 · Pension plan contributions

    total $362,295 · program services $331,613 · management and general $20,568 · fundraising $10,114

  • 9 · Other employee benefits

    total $983,968 · program services $900,637 · management and general $55,861 · fundraising $27,470

  • 10 · Payroll taxes

    total $513,214 · program services $469,751 · management and general $29,136 · fundraising $14,327

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $58,013 · program services $34,808 · management and general $15,953 · fundraising $7,252

  • 11c · Fees: accounting

    total $50,335 · program services $30,201 · management and general $12,584 · fundraising $7,550

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $54,751 · management and general $54,751

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $163,938 · program services $145,566 · management and general $9,201 · fundraising $9,171

  • 13 · Office expenses

    total $771,210 · program services $501,497 · management and general $167,457 · fundraising $102,256

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $997,091 · program services $849,628 · management and general $147,127 · fundraising $336

  • 17 · Travel

    total $71,806 · program services $56,716 · management and general $8,624 · fundraising $6,466

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $209,781 · program services $167,825 · management and general $41,956

  • 23 · Insurance

    total $104,537 · program services $75,835 · management and general $22,856 · fundraising $5,846

  • 24a · Other expenses: PROGRAM AND PRODUCTION EXPENSE

    total $3,109,206 · program services $1,885,782 · management and general $399,373 · fundraising $824,051

  • 24b · Other expenses: ARTIST FEES AND EXPENSES

    total $203,122 · program services $203,122

  • 24c · Other expenses: EQUIPMENT MAINT. & SUPPLIES

    total $150,750 · program services $124,667 · management and general $25,988 · fundraising $95

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,931,738 · end of year $2,229,537

  • 2 · Savings and temporary cash investments

    beginning of year $4,208,450 · end of year $4,318,558

  • 3 · Pledges and grants receivable

    beginning of year $942,814 · end of year $1,185,282

  • 4 · Accounts receivable

    beginning of year $202,760 · end of year $35,152

  • 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

    beginning of year $370,233 · end of year $284,311

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

    $3,923,848

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,945,873

  • 10c · Land, buildings and equipment, net

    beginning of year $1,160,556 · end of year $977,975

  • 11 · Investments: publicly traded securities

    beginning of year $7,911,708 · end of year $8,807,518

  • 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 $3,422

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,596,243 · end of year $832,644

  • 24 · Unsecured notes and loans payable

    beginning of year $153,460 · end of year $98,198

  • 25 · Other liabilities

    beginning of year $1,039,098 · end of year $1,184,795

  • 27 · Net assets without donor restrictions

    beginning of year $11,970,618 · end of year $8,955,962

  • 28 · Net assets with donor restrictions

    beginning of year $9,968,840 · end of year $6,770,156

Mission and programs · 2023

Mission

Yerba Buena Center for the Arts (YBCA) is a 501 (c)(3) nonprofit organization in San Francisco with a mission to generate culture that moves people.Continued on Schedule O

Activities or mission (Part I)

Yerba Buena Center for the Arts generates culture that moves people.

  • COMMUNITY USE + SPECIAL EVENTS RECOGNIZES THAT OUR GREATEST ASSET IS OUR 130K SQUARE-FOOT MULTI-USE PROPERTY IN THE MIDDLE OF DOWNTOWN SAN FRANCISCO. OUR WORK HERE INCLUDES OUR LONG-TERM RELATIONSHIPS WITH BAY AREA DANCE AND PERFORMING ARTS COMPANIES, OUR PARTNERSHIPS WITH SAN FRANCISCO COMMUNITY ORGANIZATIONS IN SAN FRANCISCOS UNDER-RESOURCED NEIGHBORHOODS, AND OUR RENTALS PROGRAM, WHICH CONTRIBUTES SIGNIFICANT EARNED REVENUE TO FUND THE OPERATIONS OF YBCA.

    Expenses $6,586,560 · Revenue $6,656,674

  • ARTIST INITIATIVES INCLUDES A VARIETY OF INVESTMENTS EACH YEAR THAT HELP SUPPORT THE WORK OF ARTISTS AND THEIR LIVELIHOODS. THROUGH REGRANTING PROGRAMS; SENIOR FELLOWSHIPS; PLUS R&D TO TEST NEW, INNOVATIVE ECONOMIC MODELS FOR ARTIST RELIEF FOLLOWING THE DEVASTATING IMPACTS OF COVID-19, YBCA IS ACTIVELY INVESTING IN A SHARED CREATIVE ECOSYSTEM OF ARTISTS WHO CONTRIBUTE TO THE WELL-BEING OF COMMUNITIES IN THE BAY AREA AND BEYOND.

    Expenses $5,441,124 · Grants $3,332,300 · Revenue $682,817

  • EXHIBITIONS AND PUBLIC PROGRAM DEVELOPS AND SUPPORTS ALL FORMS OF ART THROUGH BOUNDARY-BREAKING PUBLIC MULTIDISCIPLINARY PARTICIPATORY EXPERIENCESINCLUDING EXHIBITIONS, PERFORMANCES, EDUCATIONAL PROGRAMS, COMMISSIONS, FELLOWSHIPS, EVENTS, AND CONVENINGS. WE OFFER ARTISTS THE PLATFORM AND RESOURCES TO BE AMBITIOUS, BOLD, AND INNOVATIVESPARKING DYNAMIC EXCHANGE BETWEEN OUR COMMUNITIES, ONSITE AND VIRTUALLY.

    Expenses $3,798,042 · Revenue $1,306,004

As filed on the 2023 return.

Listed in Part VII

  • SARA BAHAT

    CEO (THRU 3/24)

    Total calculated
    $291,151
    From this org
    $290,770
    From related orgs
    $0
    Other
    $381
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $290,770
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $381
    Filer's total
    $291,151

  • CHARLES WARD

    DIR. OF RAFFLE OP.

    Total calculated
    $262,148
    From this org
    $244,728
    From related orgs
    $0
    Other
    $17,420
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $244,728
    Bonus
    not reported
    Other
    not reported
    Deferred
    $16,900
    Nontaxable benefits
    $520
    Filer's total
    $262,148

  • AMY KISCH

    HEAD OF ART & PROG

    Total calculated
    $198,700
    From this org
    $179,287
    From related orgs
    $0
    Other
    $19,413
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $179,287
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,308
    Nontaxable benefits
    $13,105
    Filer's total
    $198,700

  • JODI COBALT

    HEAD OF PERF. ARTS

    Total calculated
    $187,291
    From this org
    $162,123
    From related orgs
    $0
    Other
    $25,168
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $162,123
    Bonus
    not reported
    Other
    not reported
    Deferred
    $15,500
    Nontaxable benefits
    $9,668
    Filer's total
    $187,291

  • JULIE MAY LOPEZ

    DIR. PEOPLE & CUL.

    Total calculated
    $164,404
    From this org
    $148,833
    From related orgs
    $0
    Other
    $15,571
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $128,833
    Bonus
    $20,000
    Other
    not reported
    Deferred
    $7,400
    Nontaxable benefits
    $8,171
    Filer's total
    $164,404

  • CARY MCCLELLAND

    COO

    Total calculated
    $162,666
    From this org
    $154,166
    From related orgs
    $0
    Other
    $8,500
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $154,166
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $8,500
    Filer's total
    $162,666

  • JASON ZIMMERMAN

    DIR. OF OP.

    Total calculated
    $160,539
    From this org
    $134,143
    From related orgs
    $0
    Other
    $26,396
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $134,143
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,333
    Nontaxable benefits
    $15,063
    Filer's total
    $160,539

  • CHRIS SAFFORD

    CHIEF FIN. & OP

    Total calculated
    $120,467
    From this org
    $102,825
    From related orgs
    $0
    Other
    $17,642
    Hours/week
    37.5

  • CORINNE SKLAR

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • NAZLI PARVIZI

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ALAN SEIFFERT

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • AMY ELIOT

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVID CHAI

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KATIE COLENDICH

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • MALIA SIMONDS

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MARIA KIM

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ROBIN ABAD

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • SEVE GHOSE

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARICELLE ROBLES

    CEO (FR. 12/24)

    Total calculated
    $0
    Hours/week
    37.5

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. 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

  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
11 April 2025
IRS schema version
2023v6.0
Source object
202531019349301558

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