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← YERBA BUENA CENTER FOR THE ARTS

Form 990 for tax year 2022

Filed by YERBA BUENA CENTER FOR THE ARTS.

Totals

Total revenue
$15,845,170
Total expenses
$17,736,699
Contributions and grants received
$7,425,233
Grants paid
$1,223,700
Program service revenue
$6,242,163
Investment income
$195,332
Other revenue
$1,982,442
Total assets, end of year
$24,728,259
Total liabilities, end of year
$2,788,801
Net assets or fund balances, end of year
$21,939,458
Program services expenses (Part IX)
$14,785,045
Management and general expenses
$1,591,148
Fundraising expenses
$1,360,506
Program service expenses (Part III)
$14,785,045

Program services were 83.4% 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

    $33,582

  • 1e · Government grants (contributions)

    $6,452,000

  • 1f · All other contributions, gifts and grants

    $939,651

  • 1g · Noncash contributions included above

    $3,000

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

    total $23,640 · related or exempt $23,640

  • 2b · Program service revenue: FACILITY RENTALS

    total $3,654,713 · related or exempt $3,654,713

  • 2c · Program service revenue: LICENSE AGREEMENT INCOME

    total $99,483 · related or exempt $99,483

  • 2d · Program service revenue: NAMING REVENUE

    total $1,386,399 · related or exempt $1,386,399

  • 2e · Program service revenue: SUBSIDIZED COMMUNITY PROG

    total $1,072,928 · related or exempt $1,072,928

  • 2f · All other program service revenue

    total $5,000 · related or exempt $5,000

  • 3 · Investment income

    total $203,802 · excluded $203,802

  • 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 $1,059,953

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

    securities $1,068,423

  • 7c · Gain or loss

    securities -$8,470

  • 7d · Net gain or loss

    total -$8,470 · excluded -$8,470

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $6,686,765

  • 9b · Gaming: direct expenses

    $4,776,930

  • 9c · Net income from gaming

    total $1,909,835 · related or exempt $1,909,835

  • 10a · Gross sales of inventory

    $72,549

  • 10b · Cost of goods sold

    $19,144

  • 10c · Net income from sales of inventory

    total $53,405 · related or exempt $53,405

  • 11a · Other revenue: OTHER INCOME

    total $19,202 · related or exempt $19,202

  • 11e · Other revenue, total

    $19,202

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $1,223,700 · program services $1,223,700

  • 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 $526,943 · program services $316,166 · management and general $144,909 · fundraising $65,868

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $7,718,463 · program services $6,763,183 · management and general $489,998 · fundraising $465,282

  • 8 · Pension plan contributions

    total $330,111 · program services $289,254 · management and general $20,957 · fundraising $19,900

  • 9 · Other employee benefits

    total $966,701 · program services $847,057 · management and general $61,370 · fundraising $58,274

  • 10 · Payroll taxes

    total $563,780 · program services $494,003 · management and general $35,791 · fundraising $33,986

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $32,823 · program services $19,694 · management and general $9,026 · fundraising $4,103

  • 11c · Fees: accounting

    total $54,953 · program services $32,972 · management and general $15,112 · fundraising $6,869

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $49,141 · management and general $49,141

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $115,028 · program services $115,028

  • 13 · Office expenses

    total $924,700 · program services $612,833 · management and general $210,432 · fundraising $101,435

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $824,583 · program services $693,821 · management and general $127,314 · fundraising $3,448

  • 17 · Travel

    total $193,058 · program services $153,435 · management and general $25,829 · fundraising $13,794

  • 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 $123,108 · program services $73,866 · management and general $33,854 · fundraising $15,388

  • 23 · Insurance

    total $97,912 · program services $59,050 · management and general $26,718 · fundraising $12,144

  • 24a · Other expenses: PROGRAM AND PRODUCTION EXPENSE

    total $3,253,912 · program services $2,382,269 · management and general $311,628 · fundraising $560,015

  • 24b · Other expenses: ARTIST FEES AND EXPENSES

    total $545,421 · program services $545,421

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

    total $189,362 · program services $160,293 · management and general $29,069

  • 24d · Other expenses: DONATED GOODS

    total $3,000 · program services $3,000

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,116,948 · end of year $9,931,738

  • 2 · Savings and temporary cash investments

    beginning of year $3,986,000 · end of year $4,208,450

  • 3 · Pledges and grants receivable

    beginning of year $416,936 · end of year $942,814

  • 4 · Accounts receivable

    beginning of year $410,185 · end of year $202,760

  • 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 $599,310 · end of year $370,233

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

    $3,899,889

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

    $2,739,333

  • 10c · Land, buildings and equipment, net

    beginning of year $409,178 · end of year $1,160,556

  • 11 · Investments: publicly traded securities

    beginning of year $7,400,181 · end of year $7,911,708

  • 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

    beginning of year $326,350 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,977,581 · end of year $1,596,243

  • 24 · Unsecured notes and loans payable

    beginning of year $205,923 · end of year $153,460

  • 25 · Other liabilities

    beginning of year $1,134,286 · end of year $1,039,098

  • 27 · Net assets without donor restrictions

    beginning of year $16,688,412 · end of year $11,970,618

  • 28 · Net assets with donor restrictions

    beginning of year $6,658,886 · end of year $9,968,840

Mission and programs · 2022

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 $5,614,639 · Revenue $4,880,529

  • 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 $5,107,374 · Revenue $2,185,394

  • 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 $4,063,032 · Grants $1,223,700 · Revenue $1,158,682

As filed on the 2022 return.

Listed in Part VII

  • Sara Bahat

    CEO (THRU 3/24)

    Total calculated
    $264,685
    From this org
    $264,217
    From related orgs
    $0
    Other
    $468
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $264,217
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $468
    Filer's total
    $264,685

  • Meklit Hadero

    HEAD OF CREATIVITY

    Total calculated
    $222,534
    From this org
    $211,377
    From related orgs
    $0
    Other
    $11,157
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $201,377
    Bonus
    $10,000
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $11,157
    Filer's total
    $222,534

  • Charles Ward

    DIR. OF RAFFLE OP.

    Total calculated
    $213,806
    From this org
    $204,910
    From related orgs
    $0
    Other
    $8,896
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $204,910
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,200
    Nontaxable benefits
    $696
    Filer's total
    $213,806

  • Chris Safford

    FN&OP (TO 5/23)

    Total calculated
    $194,307
    From this org
    $170,000
    From related orgs
    $0
    Other
    $24,307
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $170,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,800
    Nontaxable benefits
    $17,507
    Filer's total
    $194,307

  • Jodi Cobalt

    HEAD OF PERF. ARTS

    Total calculated
    $180,537
    From this org
    $160,833
    From related orgs
    $0
    Other
    $19,704
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $160,833
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,600
    Nontaxable benefits
    $13,104
    Filer's total
    $180,537

  • Lisa Elliott

    DIR EVENTS & PART.

    Total calculated
    $163,717
    From this org
    $139,954
    From related orgs
    $0
    Other
    $23,763
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $139,954
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,600
    Nontaxable benefits
    $18,163
    Filer's total
    $163,717

  • Jason Zimmerman

    DIR. OF OPERATIONS

    Total calculated
    $153,895
    From this org
    $133,945
    From related orgs
    $0
    Other
    $19,950
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $133,945
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,400
    Nontaxable benefits
    $14,550
    Filer's total
    $153,895

  • Deborah Cullinan

    CEO (THRU 2/22)

    Total calculated
    $129,630
    From this org
    $124,353
    From related orgs
    $0
    Other
    $5,277
    Hours/week
    37.5

  • Corinne Sklar

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Nazli Parvizi

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jeff Chang

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Amy Eliot

    Secretary

    Total calculated
    $0
    Hours/week
    3

  • Clyde Valentin

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Renuka Kher

    CHAIR

    Total calculated
    $0
    Hours/week
    15

  • Laura Livoti

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Nancy Levinson

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Zak Williams

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sunya Berkelman Rosado

    MEMBER

    Total calculated
    $0
    Hours/week
    1

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
2022
Filed
6 May 2024
IRS schema version
2022v5.0
Source object
202421279349302692

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