Yerba Buena Arts & Events
- Assets
- $3.1m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 21
- Location
- San Francisco, CA
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 94-3368964
Organization Overview
Yerba Buena Arts & Events is located in San Francisco, CA. The organization was established in 2000. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Yerba Buena Arts & Events employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yerba Buena Arts & Events 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, Yerba Buena Arts & Events generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. 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
YBAE ENHANCES THE VITALITY & QUALITY OF LIFE IN PUBLIC SPACES OF YERBA BUENA GARDENS THROUGH THE PRESENTATION OF FREE PERFORMING ARTS PROGRAMS, REFLECTING THE CULTURES & CREATIVITY OF THE REGION. EXCELLENCE, INCLUSION, & INNOVATION ARE CORE TO OUR MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YERBA BUENA GARDENS FESTIVAL THE MISSION OF YERBA BUENA ARTS & EVENTS AKA YERBA BUENA GARDENS FESTIVAL IS TO ENHANCE THE VITALITY AND QUALITY OF LIFE IN THE PARKS AND OPEN SPACES OF YERBA BUENA GARDENS AND SAN FRANCISCO THROUGH THE CURATED PRESENTATION OF ADMISSION-FREE PERFORMING ARTS AND COMMUNITY CULTURAL PROGRAMS THAT REPRESENT THE RICH ETHNIC AND CULTURAL DIVERSITY OF SAN FRANCISCO AND THE WORLD BEYOND. THE RANGE OF PROGRAMS INCLUDES JAZZ, ROOTS, WORLD, AND CLASSICAL MUSIC; TRADITIONAL AND CONTEMPORARY DANCE; THEATER; POETRY; AND LARGE-SCALE CULTURAL CELEBRATIONS. WE ALSO OFFER AN INTERACTIVE CHILDRENS SERIES, AND EDUCATIONAL PROGRAMS FOR ADULTS. THROUGH THE SIX-MONTH YERBA BUENA GARDENS FESTIVAL (MAY OCTOBER), SAN FRANCISCO RESIDENTS AND VISITORS ENJOY MANY OPPORTUNITIES TO GAIN A GREATER UNDERSTANDING OF DIVERSE ART FORMS AND CULTURAL HERITAGES. COMMISSIONING PROGRAM YERBA BUENA GARDENS FESTIVAL HAS A STRONG COMMITMENT TO COMMISSIONING AND PRESENTING NEW WORK BY COMPOSERS, THEATER ARTISTS, CHOREOGRAPHERS, AND OTHER PERFORMING ARTISTS.
RENTALS PROGRAM YERBA BUENA GARDENS FESTIVAL MANAGES RENTALS OF YERBA BUENA GARDENS TO CLIENTS INTERESTED IN HOLDING A PRIVATE EVENT IN ONE OF THE NATIONS MOST BEAUTIFUL OUTDOOR PARKS. BESIDES THE OPPORTUNITY TO INTRODUCE YERBA BUENA GARDENS AND YERBA BUENA GARDENS FESTIVAL TO NEW AUDIENCES, THE RENTALS PROGRAM IS A VITAL SOURCE OF EARNED INCOME THAT SUPPORTS THE ADMISSION-FREE YERBA BUENA GARDENS FESTIVAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Lucero Executive Dir. | Officer | 40 | $117,903 |
Steve Cho Event Director | 40 | $104,925 | |
Aaron Grizzell President | OfficerTrustee | 1 | $0 |
Elaine Elinson Secretary | OfficerTrustee | 1 | $0 |
Sean Jeffries Treasurer | OfficerTrustee | 1 | $0 |
William Carney Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $578,556 |
| All other contributions, gifts, grants, and similar amounts not included above | $211,335 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $789,891 |
| Total Program Service Revenue | $0 |
| Investment income | $5,794 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $443,451 |
| 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 | $1,243,495 |
| 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. | $167,658 |
| Compensation of current officers, directors, key employees. | $41,914 |
| Compensation to disqualified persons | $88,861 |
| Other salaries and wages | $298,306 |
| Pension plan accruals and contributions | $10,127 |
| Other employee benefits | $67,948 |
| Payroll taxes | $40,895 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $600 |
| Fees for services: Accounting | $12,266 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $30,300 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $269,034 |
| Advertising and promotion | $44,006 |
| Office expenses | $25,741 |
| Information technology | $2,652 |
| Royalties | $0 |
| Occupancy | $3,291 |
| Travel | $5,076 |
| 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 | $4,511 |
| Insurance | $7,887 |
| All other expenses | $0 |
| Total functional expenses | $1,087,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,156 |
| Savings and temporary cash investments | $2,802,298 |
| Pledges and grants receivable | $88,112 |
| Accounts receivable, net | $5,006 |
| 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 | $50,945 |
| Net Land, buildings, and equipment | $11,989 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,064,506 |
| Accounts payable and accrued expenses | $71,798 |
| Grants payable | $0 |
| Deferred revenue | $1,033,343 |
| 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 | $0 |
| Total liabilities | $1,105,141 |
| Net assets without donor restrictions | $1,916,865 |
| Net assets with donor restrictions | $42,500 |
| 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 | $3,064,506 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Yerba Buena Arts & Events has recieved totaling $176,000.
| Awarding Organization | Amount |
|---|---|
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $55,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $55,000 |
Yerba Buena Community Benefit District San Francisco, CA PURPOSE: PANDEMIC OPERATIONS SUPPORT; YERBA BUENA GARDENS FESTIVAL | $30,000 |
Kenneth Rainin Foundation Oakland, CA PURPOSE: GHADAR GEET: BLOOD AND INK | $21,000 |
The Zellerbach Family Foundation San Francisco, CA PURPOSE: COMMUNITY ARTS COVID RESPONSE GRANT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Society For The Promotion Of Japanese Animation Santa Ana, CA | $0 | $15,922,386 |
Haven Gallery Pomona, CA | $12,441,851 | $10,866,207 |
Yerba Buena Center For The Arts San Francisco, CA | $31,419,770 | $23,544,531 |
Festival Of Arts Of Laguna Beach Laguna Beach, CA | $11,626,110 | $10,814,120 |
Wallis Annenberg Center For The Performing Arts Beverly Hills, CA | $86,738,826 | $10,256,946 |
Maui Arts & Cultural Center Kahului, HI | $31,390,294 | $9,713,031 |
Immigration Institute Of The Bay Area San Francisco, CA | $7,526,224 | $6,922,510 |
Montalvo Association Saratoga, CA | $34,273,816 | $7,481,073 |
First Step Housing Sacramento, CA | $1,058,195 | $4,450,714 |
The Center For Cultural Innovation Los Angeles, CA | $15,572,704 | $5,971,325 |
Alliance For California Traditional Arts Fresno, CA | $2,645,027 | $4,730,784 |
Gray Area Foundation For The Arts San Francisco, CA | $1,951,369 | $4,455,887 |