Folsom Street
- Assets
- $221.9k
- Revenue
- $460.1k
- Investments
- $0.0
- Employees
- 2
- Location
- San Francisco, CA
- Founding
- 08/1987
- Data as of
- 06/2022
- EIN
- 94-3019867
Organization Overview
Folsom Street is located in San Francisco, CA. The organization was established in 1987. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Folsom Street employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Folsom Street 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 06/2022, Folsom Street generated $460.1k 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 (16.4%) each year. All expenses for the organization totaled $402.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (18.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Folsom Street has awarded 40 individual grants totaling $608,304. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOLSOM STREET IS A 501(C)3 NON-PROFIT ARTS AND CULTURE ORGANIZATION THAT PRODUCES ICONIC EVENTS THAT BENEFIT OUR WHOLE COMMUNITY. OUR EVENTS AND COMMUNITY CENTER FEATURE EMERGING AND MARGINALIZED ARTISTS AND CREATE SPACES AND AUDIENCES FOR UNIQUE ART AND PERFORMANCE. WE CULTIVATE A SAFE, OPEN, AND INCLUSIVE ENVIRONMENT FOR THE KINK, LEATHER, AND ALTERNATIVE SEXUALITY COMMUNITIES WHILE CENTERING EQUITY FOR BIPOC AND LGBTQA2I+ PEOPLE. WE ARE ROOTED HISTORICALLY IN THE FIGHT AGAINST GENTRIFICATION AND DISPLACEMENT HERE IN SAN FRANCISCO, ON UNCEDED OHLONE LAND, AND WORLDWIDE. WE UNITE, STRENGTHEN, AND AFFIRM THE COMMUNITY THROUGH SUPPORT, RESOURCES, EDUCATION, ADVOCACY, VISIBILITY, AND CELEBRATION. WE ARE DEDICATED TO SEXUAL LIBERATION AND THE HUMAN RIGHT TO PLEASURE AS A CRUCIAL PART OF THE LIBERATION MOVEMENT.
Describe the Organization's Program Activity:
Part 3
EVENTS: PRODUCED TWO IN PERSON COMMUNITY AND CULTURE EVENTS, CREATING PAID ARTIST, PRODUCER, AND LABOR POSITIONS. BOTH EVENTS COMBINED SERVED APPROXIMATELY 80,000 COMMUNITY MEMBERS.
FOLSOM STREET OPENED THE FOLSOM STREET COMMUNITY CENTER TO BETTER SERVE OUR COMMUNITY, ARTISTS AND PERFORMERS BY INCLUDING MULTIMEDIA PRODUCTION AS WELL AS REHEARSAL AND PERFORMANCE SPACE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicente Montoya President Director | 20 | $0 | |
Roberto Quadra Vice Pres Director | 5 | $0 | |
Thomas Tarn Treasurer Director | 5 | $0 | |
Terryn Liljedahl Secretary Director | 5 | $0 | |
Billy Lemon Director | 3 | $0 | |
Justin Dauterman Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $125,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $317,736 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $442,736 |
| Total Program Service Revenue | $15,132 |
| Investment income | $0 |
| 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 | $2,197 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $460,065 |
| 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. | $70,000 |
| Compensation of current officers, directors, key employees. | $3,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,436 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,710 |
| Payroll taxes | $9,981 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $767 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $68,849 |
| Advertising and promotion | $2,816 |
| Office expenses | $2,002 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $78,642 |
| Travel | $281 |
| 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 | $0 |
| Insurance | $14,731 |
| All other expenses | $0 |
| Total functional expenses | $402,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,928 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,047 |
| Net Land, buildings, and equipment | $2,941 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,287 |
| Total assets | $221,916 |
| Accounts payable and accrued expenses | -$47,477 |
| 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 | $499,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $452,423 |
| Net assets without donor restrictions | -$230,507 |
| 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 | $221,916 |
Grants Awarded
Over the last fiscal year, Folsom Street has awarded $161,183 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AIDS LEGAL REFERRAL PANEL PURPOSE: general support | $17,000 |
BERKELEY FREE CLINIC PURPOSE: general support | $17,500 |
CASTRO COUNTRY CLUB PURPOSE: general support | $18,700 |
FRAMELINE PURPOSE: general support | $15,000 |
NATIONAL AIDS MEMORIAL GROVE PURPOSE: general support | $17,500 |
POSITIVE RESOURCE CENTER PURPOSE: general support | $13,500 |