Institute Of Contemporary Art San Francisco
- Assets
- $2.4m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 13
- Location
- San Francisco, CA
- Founding
- Data as of
- 12/2022
- EIN
- 88-1225820
Organization Overview
Institute Of Contemporary Art San Francisco, operating under the name Ica Sf, is located in San Francisco, CA. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Ica Sf employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ica Sf is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
INSTITUTE OF CONTEMPORARY ART SAN FRANCISCO (ICA SF) OFFICIALLY OPENED TO THE PUBLIC ON OCTOBER 1, 2022.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ICA SF OFFICIALLY OPENED TO THE PUBLIC ON OCTOBER 1, 2022. LEARNING FROM THE PROCESS OF THE YEAR OF STARTING UP, THE ICA SF WILL BE A MUSEUM THAT'S CONTINUOUSLY "UNDER CONSTRUCTION," RETAINING THE REQUISITE NIMBLENESS THAT COMES FROM THAT CONDITION. THROUGH EXHIBITIONS, PROGRAMMING, AND SOCIAL OPPORTUNITIES, THE ICA SF SEEKS TO BROADEN THE POSSIBILITIES FOR CIVIC AND CREATIVE ENGAGEMENT WITHIN THE REGION'S VIBRANT ECOSYSTEM AND TO ENABLE ARTISTS TO PUSH BOUNDARIES, EXPERIMENT WITH NEW IDEAS, AND TAKE RISKS.BEFORE THE MUSEUM OFFICIALLY OPENED, ICA SF PRESENTED A PROGRAM CALLED MEANTIME, TAKING PLACE JANUARY 22 - MAY 1, 2022 BETWEEN CONSTRUCTION PHASES. DURING THIS PERIOD THE ICA SF HOSTED A POP-UP INSTALLATION BY OAKLAND-BASED ARTIST CHRIS MARTIN, AND POP-UP PROGRAMS WITH 90 ARTISTS FROM AROUND THE BAY AREA. AFTER MEANTIME ENDED THE ICA SF COMPLETED CONSTRUCTION TO OPEN OCTOBER 1, 2022 WITH THE INAUGURAL EXHIBITION, JEFFREY GIBSON: THIS BURNING WORLD. IN 2022 THE ICA SF ALSO LAUNCHED A MEMBERSHIP PROGRAM, THE 901 CLUB, AS WELL AS THEIR POPULAR SERIES OF CHEF AND COFFEE POP UPS. ATTENDANCE REACHED NEARLY 10,000 VISITORS FOR THE 6 MONTH SPAN THEY WERE OPEN (REGULAR OPEN HOURS BEGAN IN OCTOBER, THE OPEN HOURS PRIOR WERE FOR SPECIAL PROGRAMS ONLY).
ICA SF OFFICIALLY OPENED TO THE PUBLIC ON OCTOBER 1, 2022. LEARNING FROM THE PROCESS OF THE YEAR OF STARTING UP, THE ICA SF WILL BE A MUSEUM THAT'S CONTINUOUSLY "UNDER CONSTRUCTION," RETAINING THE REQUISITE NIMBLENESS THAT COMES FROM THAT CONDITION. THROUGH EXHIBITIONS, PROGRAMMING, AND SOCIAL OPPORTUNITIES, THE ICA SF SEEKS TO BROADEN THE POSSIBILITIES FOR CIVIC AND CREATIVE ENGAGEMENT WITHIN THE REGION'S VIBRANT ECOSYSTEM AND TO ENABLE ARTISTS TO PUSH BOUNDARIES, EXPERIMENT WITH NEW IDEAS, AND TAKE RISKS.BEFORE THE MUSEUM OFFICIALLY OPENED, ICA SF PRESENTED A PROGRAM CALLED MEANTIME, TAKING PLACE JANUARY 22 - MAY 1, 2022 BETWEEN CONSTRUCTION PHASES. DURING THIS PERIOD THE ICA SF HOSTED A POP-UP INSTALLATION BY OAKLAND-BASED ARTIST CHRIS MARTIN, AND POP-UP PROGRAMS WITH 90 ARTISTS FROM AROUND THE BAY AREA. AFTER MEANTIME ENDED THE ICA SF COMPLETED CONSTRUCTION TO OPEN OCTOBER 1, 2022 WITH THE INAUGURAL EXHIBITION, JEFFREY GIBSON: THIS BURNING WORLD. IN 2022 THE ICA SF ALSO LAUNCHED A MEMBERSHIP PROGRAM, THE 901 CLUB, AS WELL AS THEIR POPULAR SERIES OF CHEF AND COFFEE POP UPS. ATTENDANCE REACHED NEARLY 10,000 VISITORS FOR THE 6 MONTH SPAN THEY WERE OPEN (REGULAR OPEN HOURS BEGAN IN OCTOBER, THE OPEN HOURS PRIOR WERE FOR SPECIAL PROGRAMS ONLY).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ethan Beard Chair | OfficerTrustee | 2 | $0 |
Alison Gass President, Kreiger Family Director | OfficerTrustee | 40 | $146,492 |
Catia Hagopian Secretary | OfficerTrustee | 2 | $0 |
David Hornik Director | Trustee | 1 | $0 |
Pamela Hornik Director | Trustee | 1 | $0 |
Kaitlyn Krieger Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $91,517 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,513,875 |
| Noncash contributions included in lines 1a–1f | $105,649 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,605,392 |
| Total Program Service Revenue | $0 |
| Investment income | $1,083 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $488 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $813 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,607,776 |
| 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. | $189,154 |
| Compensation of current officers, directors, key employees. | $62,733 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $381,642 |
| Pension plan accruals and contributions | $7,909 |
| Other employee benefits | $28,897 |
| Payroll taxes | $44,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,952 |
| Fees for services: Accounting | $33,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $17,125 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $325,429 |
| Advertising and promotion | $139,047 |
| Office expenses | $33,743 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $266,933 |
| Travel | $16,397 |
| 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 | $44,532 |
| Insurance | $7,163 |
| All other expenses | $0 |
| Total functional expenses | $1,769,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,674 |
| Savings and temporary cash investments | $325,390 |
| Pledges and grants receivable | $30,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,787 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $540,734 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,451,254 |
| Total assets | $2,365,839 |
| Accounts payable and accrued expenses | $65,966 |
| 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 | $1,461,962 |
| Total liabilities | $1,527,928 |
| Net assets without donor restrictions | $722,911 |
| Net assets with donor restrictions | $115,000 |
| 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 | $2,365,839 |