Stern Grove Festival Association
- Assets
- $17.8m
- Revenue
- $2.2m
- Investments
- $3.5m
- Employees
- 135
- Location
- San Francisco, CA
- Founding
- 02/1944
- Data as of
- 09/2021
- EIN
- 94-6064356
Organization Overview
Stern Grove Festival Association is located in San Francisco, CA. The organization was established in 1944. 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 09/2021, Stern Grove Festival Association employed 135 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stern Grove Festival Association 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 09/2021, Stern Grove Festival Association generated $2.2m 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 (3.5%) each year. All expenses for the organization totaled $2.9m during the year ending 09/2021. 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
STERN GROVE FESTIVAL ASSOCIATION (SGFA) IS AN INDEPENDENT NONPROFIT ORGANIZATION PROVIDING FREE MUSICAL CONCERTS AND EDUCATION PROGRAMS TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONCERT PROGRAMS: STERN GROVE FESTIVAL WAS FOUNDED IN 1938 BY MRS. ROSALIE MEYER STERN, A CIVIC ACTIVIST AND ARTS PATRON WHO ENVISIONED A SERIES OF FREE PERFORMANCES OPEN TO THE PUBLIC IN SIGMUND STERN GROVE, A STUNNING NATURAL AMPHITHEATER AND PARK IN SAN FRANCISCO. GENERATIONS OF MUSIC AND NATURE LOVERS GATHER AT STERN GROVE FESTIVAL TO ENJOY WORLD-CLASS ARTISTS, PICNICKING, AND RELAXATION IN SERENE MEADOW SURROUNDED BY GIANT EUCALYPTUS AND REDWOOD TREES. STERN GROVE WAS REDESIGNED BY RENOWED LANDSCAPE ARCHITECT, LAWRENCE HALPRIN, AND IS A WORLD-CLASS PERFORMANCE ART FACILITY AND A NATURAL JEWEL IN THE HEART OF THE CITY. SINCE 1938, STERN GROVE FESTIVAL HAS PRESENTED ADMISSION-FREE, OUTDOOR CONCERTS FOR BAY AREA RESIDENTS AND VISITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Fiedler Executive Director | Officer | 40 | $193,000 |
Ilana G Vasconcelos Development Director | 40 | $124,954 | |
Audrey Faine Marketing Director | 40 | $102,669 | |
Jason E Goldman Vice Chairman | OfficerTrustee | 2 | $0 |
Matthew W Goldman Chairman | OfficerTrustee | 4 | $0 |
David Sikes Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $282,078 |
| Related organizations | $0 |
| Government grants | $125,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,037,308 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,444,386 |
| Total Program Service Revenue | $0 |
| Investment income | $319,978 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $354,314 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $83,462 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,202,140 |
| 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. | $204,228 |
| Compensation of current officers, directors, key employees. | $68,008 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $548,344 |
| Pension plan accruals and contributions | $17,100 |
| Other employee benefits | $61,261 |
| Payroll taxes | $74,258 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,364 |
| Fees for services: Accounting | $104,385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $85,599 |
| Advertising and promotion | $120,871 |
| Office expenses | $47,498 |
| Information technology | $47,794 |
| Royalties | $0 |
| Occupancy | $188,533 |
| Travel | $18,240 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,942 |
| Interest | $20,646 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,714 |
| Insurance | $30,517 |
| All other expenses | $5,034 |
| Total functional expenses | $2,905,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $783,179 |
| Savings and temporary cash investments | $271,435 |
| Pledges and grants receivable | $75,000 |
| 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 | $11,283 |
| Prepaid expenses and deferred charges | $25,576 |
| Net Land, buildings, and equipment | $42,317 |
| Investments—publicly traded securities | $13,064,647 |
| Investments—other securities | $3,535,757 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,000 |
| Total assets | $17,815,194 |
| Accounts payable and accrued expenses | $24,510 |
| 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 | $92,547 |
| Total liabilities | $117,057 |
| Net assets without donor restrictions | $6,201,361 |
| Net assets with donor restrictions | $11,496,776 |
| 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 | $17,815,194 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Stern Grove Festival Association has recieved totaling $1,023,190.
| Awarding Organization | Amount |
|---|---|
Lisa And Douglas Goldman Fund San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $210,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Arts & Culture | $200,000 |
Lisa And Douglas Goldman Fund San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
Lisa And Douglas Goldman Fund San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $75,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $75,000 |
Endowment Analysis
| Beg. Balance | $6,100,000 |
| Earnings | $1,021,773 |
| Other Expense | $1,021,773 |
| Ending Balance | $6,100,000 |
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 |