Bindlestiff Studio
- Assets
- $333.5k
- Revenue
- $325.4k
- Investments
- $0.0
- Employees
- 7
- Location
- San Francisco, CA
- Founding
- 12/2003
- Data as of
- 12/2021
- EIN
- 04-3739923
Organization Overview
Bindlestiff Studio is located in San Francisco, CA. The organization was established in 2003. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Bindlestiff Studio employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bindlestiff Studio is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Bindlestiff Studio generated $325.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $315.0k during the year ending 12/2021. While expenses have increased by 31.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BINDLESTIFF STUDIO AIMS TO CULTIVATE, INSPIRE AND MENTOR THE NEXT GENERATION OF FILIPINO AMERICAN ARTIST AND COMMUNITY LEADERS IN AN AFFORDABLE, COMMUNITY-BASED PROFESSIONAL THEATER SETTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aureen Almario Artistic Director | Officer | 40 | $55,733 |
Oliver Saria Managing Director | Officer | 40 | $49,309 |
David Ragaza Technical Staff | Officer | 0 | $3,979 |
Julie Kuwabara Treasurer | Officer | 2 | $1,546 |
Charles Lacson Secretary | Officer | 2 | $750 |
Gemma Mondala President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $199,876 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,667 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $282,543 |
| Total Program Service Revenue | $41,833 |
| Investment income | $1,066 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $325,442 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,493 |
| Grants and other assistance to domestic individuals. | $14,287 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,914 |
| Compensation of current officers, directors, key employees. | $69,379 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $880 |
| Payroll taxes | $8,546 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $748 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $95,929 |
| Advertising and promotion | $456 |
| Office expenses | $84 |
| Information technology | $1,688 |
| Royalties | $0 |
| Occupancy | $20,484 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $659 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,984 |
| All other expenses | $8,820 |
| Total functional expenses | $314,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,545 |
| Savings and temporary cash investments | $2,431 |
| Pledges and grants receivable | $40,266 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,400 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,876 |
| Total assets | $333,518 |
| Accounts payable and accrued expenses | $2,672 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,561 |
| Total liabilities | $8,233 |
| Net assets without donor restrictions | $325,285 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $333,518 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bindlestiff Studio has recieved totaling $31,000.
| Awarding Organization | Amount |
|---|---|
Asian Pacific Fund San Francisco, CA PURPOSE: GENERAL SUPPORT | $30,000 |
Thendara Foundation Inc Wilmington, DE PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Polynesian Cultural Center Laie, HI | $116,249,000 | $62,645,558 |
Skirball Cultural Center Los Angeles, CA | $394,099,522 | $16,429,571 |
Cultura Y Arte Nativa De Las Americas San Francisco, CA | $2,055,522 | $13,827,231 |
American Indian Health & Services Corporation Santa Barbara, CA | $10,365,655 | $13,137,792 |
River Of Life Foundation Santa Clara, CA | $1,212,027 | $11,599,827 |
Destination Crenshaw Los Angeles, CA | $35,511,106 | $11,299,025 |
The Epoch Times Media Group Los Angeles El Monte, CA | $739,683 | $7,015,472 |
Priddy Family Foundation Las Vegas, NV | $28,899,625 | $10,430,994 |
Kanu O Ka Aina Learning Ohana Kamuela, HI | $16,258,612 | $5,026,413 |
Napa Valley Festival Association Walnut Creek, CA | $13,659,159 | $11,728,133 |
Apano Communities United Fund Portland, OR | $4,683,636 | $5,442,613 |
Puente De La Costa Sur Pescadero, CA | $6,663,176 | $5,921,974 |