Locus Science Fiction Foundation
- Assets
- $1.0m
- Revenue
- $420.8k
- Investments
- $0.0
- Employees
- 10
- Location
- Oakland, CA
- Founding
- 09/2009
- Data as of
- 12/2020
- EIN
- 26-3333819
Organization Overview
Locus Science Fiction Foundation is located in Oakland, CA. The organization was established in 2009. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Locus Science Fiction Foundation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Locus Science Fiction Foundation 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 12/2020, Locus Science Fiction Foundation generated $420.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $593.1k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT, PROMOTION, AND FUNDING FOR BETTER PUBLIC ACCESS TO AND APPRECIATION OF LITERARY WORKS IN SCIENCE FICTION LITERATURE, THROUGH ACCESS TO PRIVATE COLLECTIONS OF SF LITERATURE AND THROUGH EDUCATION OF AUTHORS AND THE READING PUBLIC, VIA SPEECHES, PANEL DISCUSSIONS, SEMINARS, AND ESPECIALLY THROUGH THE PUBLICATION OF LOCUS MAGAZINE AND LOCUS ONLINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISHED LOCUS MAGAZINE IN PRINT AND ONLINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liza Groen Trombi President | OfficerTrustee | 40 | $70,866 |
Kirsten Gong-Wong Treasurer | OfficerTrustee | 0 | $41,960 |
Gary K Wolfe Secretary | OfficerTrustee | 0 | $0 |
Cynthia Wood Director | Trustee | 0 | $0 |
Karen Lord Director | Trustee | 0 | $0 |
Kij Johnson Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,566 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,566 |
| Total Program Service Revenue | $333,768 |
| Investment income | $13,759 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,684 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $420,777 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $106,366 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $205,063 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,453 |
| Payroll taxes | $24,125 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,759 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,290 |
| Advertising and promotion | $8,664 |
| Office expenses | $1,888 |
| Information technology | $4,135 |
| Royalties | $0 |
| Occupancy | $34,443 |
| Travel | $2,342 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $461 |
| Insurance | $5,397 |
| All other expenses | $2,151 |
| Total functional expenses | $593,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,748 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $504,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $675 |
| Investments—publicly traded securities | $245,302 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $115,000 |
| Total assets | $1,030,725 |
| Accounts payable and accrued expenses | $0 |
| 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 | $74,325 |
| Other liabilities | $1,264 |
| Total liabilities | $75,589 |
| Net assets without donor restrictions | $0 |
| 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 | $955,136 |
| Total liabilities and net assets/fund balances | $1,030,725 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Locus Science Fiction Foundation has recieved totaling $193.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $193 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Packard Humanities Institute Los Altos, CA | $863,900,364 | $102,577,308 |
Ayn Rand Institute The Center For The Advancement Of Objectivism Santa Ana, CA | $17,620,667 | $17,085,722 |
Claremont Inst For The Study Of Statesmanship & Polit Philosophy Upland, CA | $14,003,298 | $9,466,224 |
California Humanities Oakland, CA | $2,781,512 | $6,891,682 |
Aha Punana Leo Hilo, HI | $23,875,245 | $6,915,753 |
Partners Asia Oakland, CA | $6,552,828 | $5,792,880 |
Literary Arts Inc Portland, OR | $14,485,873 | $11,203,520 |
Library Foundation Inc Serving The People Of Multnomah County Portland, OR | $22,669,861 | $3,134,177 |
Get Lit Words Ignite Inc Los Angeles, CA | $1,330,397 | $2,322,954 |
Society For Creative Anachronism Inc San Jose, CA | $6,483,503 | $1,391,085 |
Asian Pacific Institute On Gender-Based Violence Oakland, CA | $515,688 | $1,708,443 |
Wang Mo-Jen & Wang Chou An-Yi World Chinese Literature Prize Foundati San Francisco, CA | $2,890,895 | $451,863 |