2024-04-10T14:59:16-07:00 2023-06-30 680260103 REGALIA & ASSOCIATES CPAS 103 TOWN COUNTRY DR STE K DANVILLE CA 94526 990 2022-07-01 942655955 SOMArts SOMA 4158631414 934 Brannan Street San Francisco CA 94103 Maria Jenson Executive Director 4158631414 2024-04-10 true Maria Jenson 999009999 true Douglas W Regalia P00186389 9253140390 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Maria Jenson 934 Brannan Street San Francisco CA 94103 3529917 false X www.somarts.org X 1979 CA SOMArts cultivates access to the arts within the Bay Area by collaborating with community-focused artists and organizations. Together, we engage the power of the arts to provoke just and fair inclusion, cultural respect and civic participation. 8 8 39 15 0 2471889 3339963 149834 179810 285 457 9614 8053 2631622 3528283 219675 147855 0 1441396 1656857 0 234680 865006 1356071 2526077 3160783 105545 367500 1482935 1782930 370885 303380 1112050 1479550 X SOMArts leverages the power of art as a tool for social change through multi-disciplinary events and exhibitions. Equipping artists with space, mentorship, and the support they need to shift perspectives and innovate solutions, SOMArts fosters access to arts and culture for collective liberation and self-determination. false false 1650565 147855 3000 Fiscal SponsorshipsSOMARTS PROVIDES FISCAL SPONSORSHIPS FOR VARIOUS ARTISTS AND EMERGING ORGANIZATIONS, enabling a breadth of fundraising opportunities that would not be available without such sponsorship. THESE ARTISTS AND ORGANIZATIONS RECEIVE financial management services,GRANT-WRITING ASSISTANCE, AND operational support. 473941 16130 Exhibition Programs (Gallery)SOMARTS PRODUCES AND SUPPORTS A DYNAMIC RANGE OF EXHIBITIONS IN SUPPORT OF ITSMISSION TO PROMOTE ART ON THE COMMUNITY LEVEL AND FOSTER AN APPRECIATION OF ANDRESPECT FOR ALL CULTURES. THIS INCLUDES SIX LARGE-SCALE EXHIBITIONS EACH YEAR INADDITION TO PROVIDING GUIDANCE, TECHNICAL, AND PUBLICITY SUPPORT FOR two to three EXHIBITIONS AWARDED THROUGH THE CURATORIAL RESIDENCY PROGRAM, ALONG WITH 15-20EXHIBITIONS ANNUALLY THROUGH THE COMMUNITY-CURATED RAMP GALLERY. SOMARTS ANNUALLYPRODUCES OVER 20 EXHIBITION-RELATED CULTURAL LEARNING AND ART-MAKING EVENTS INCLUDING TALKS, PERFORMANCES, AND WORKSHOPS. 337626 155942 Event Rental ProgramHISTORICALLY, SOMARTS TYPICALLY HELPS PRODUCE OVER 90 EVENTS PER YEAR. DURING THE FISCAL YEAR ENDED JUNE 30, 2022 the program began to welcome back clients to our space and the organization helped produce 26 events for other nonprofits and mission-aligned groups. 42616 12791 2504748 true true false false false false false false false false true false false false true true true false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false true 98 0 true 39 true false false false false false false false 0 false false false false false false false X 8 8 false false false false false false false true true false false true true true true true true true true false CA X X X Jena McRae Schwirtz 4158631414 934 Brannan Street San Francisco CA 94103 Sharaya Souza ED - AICD 40.00 0.00 120000 0 7765 Maria Jenson Exec Director 40.00 0.00 X 108629 0 15798 Robert Goldfarb ED-LCD 40.00 0.00 115730 0 984 Trisha Lagaso Goldberg Board Chair 1.00 0.00 X X 0 0 0 Mike Anderson Treasurer 1.00 0.00 X X 0 0 0 Luke Spray Director 1.00 0.00 X 0 0 0 Sally Hansen Secretary 1.00 0.00 X X 0 0 0 Erica Waltemade Director 1.00 0.00 X 0 0 0 Lisa Burger Director 1.00 0.00 X 0 0 0 Robel Yemiru Director 1.00 0.00 X 0 0 0 George McCalman Director 1.00 0.00 X 0 0 0 344359 24547 3 false false false 0 2349839 990124 3339963 Co-Production Fees 711190 157071 157071 Other earned income 711190 7 7 Ticket sales/class fees 711190 22732 22732 179810 457 457 0 0 0 0 0 0 9687 1634 8053 8053 0 3528283 187863 457 X 137755 137755 10100 10100 0 0 107833 30193 43133 34507 0 1237350 904172 189023 144155 0 206667 129282 43731 33654 105007 72923 18131 13953 0 19109 19098 7 4 56093 10788 44897 408 0 0 0 649131 629703 16903 2525 72828 71773 625 430 69465 60910 7872 683 0 0 104304 102227 964 1113 75557 64474 11083 0 0 0 0 19790 18632 1015 143 33161 25911 6372 878 Program activities 124190 107216 16904 70 Hospitality 46528 41016 5512 Utilities 43566 39713 1751 2102 Equipment rentals and repairs 23593 19714 3824 55 18756 9148 9608 3160783 2504748 421355 234680 848339 1112560 4844 497732 586658 3304 1468 0 0 0 0 26579 33503 339822 295925 63687 43897 0 0 0 0 43294 0 1482935 1782930 267972 126373 102913 177007 370885 303380 X 700836 555958 411214 923592 1112050 1479550 1482935 1782930 367500 X X false true X true false X 1361644 1247672 1900914 2471889 3339963 10322082 0 609573 609573 609373 646834 686226 3161579 1971217 1857245 2510287 3118723 4026189 13483661 67475 13416186 584 457 1041 0 0 13484702 1350938 0.99490 0.98960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 58692 54550 4142 281130 241375 39755 43897 Accrued payroll liabilities 115580 Deposits held 61427 177007 X 4214509 686226 686226 3528283 3528283 3847009 686226 686226 3160783 3160783 Part X : FIN48 Footnote Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, SOMArts is required to report information regarding its exposure to various tax positions taken by SOMArts and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that SOMArts has adequately evaluated its current tax positions and has concluded that as of June 30, 2023, SOMArts does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.SOMArts has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that SOMArts continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. SOMArts may periodically receive unrelated business income requiring SOMArts to file separate tax returns under federal and state statutes. Under such conditions, SOMArts will calculate, accrue and remit the applicable taxes. true Asian Pacific Islander Center 934 Brannan Street San Francisco CA 94103 943295968 501(c)(3) 136255 0 Cultural Arts Program 1 0 Program Support 14 10100 Grantmaker's Description of How Grants are Used SOMArts requires ongoing feedback in the form of oral and written reports in order to monitor the progress of grant funds disbursed. Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: Day of the DeadDia de los Muertos offers a dynamic, free, five-week exhibition annually based on a theme with references to issues of cultural identity and social justice locally and globally. OTHER PROGRAM SERVICES 5: Classes, Curatorial Residency, and otherSOMArts annually supports 2-3 emerging curators in producing their own exhibition, selected through an open call for proposals. Attendance for these exhibitions is free and online/virtual gallery attendance through the SOMArts website is also available. OTHER PROGRAM SERVICES 6: SOMArts occupies space in San Francisco under a lease agreement with the City and County of San Francisco through its Arts Commission (SFAC). The leasing arrangement has been in effect for over 35 years and is subject to annual renewal for a fee of $1. SFAC provides approximately 25,000 square feet of pro-bono facilities and related utilities to SOMArts and the value of this space amounted to $686,226 for the year ended June 30, 2023. The estimated value of the occupied space is based on comparable rent figures obtained from a report issued by the San Francisco Board of Supervisors which provides data on lease rates available for nonprofit organizations. Form 990, Part VI, Section B, Line 11b An outside tax professional prepares a draft of the Form 990. Management, including the Executive Director, reviews and provides comments, edits, corrections. After revisions, the Executive Director and several members of the Board of Directors receive a copy of the 990 prior to its filing. The Executive Director authorizes the final Form 990 which is then e-filed with the Internal Revenue Service. A complete copy is made available to all members of the Board of Directors via electronic copy. Form 990, Part VI, Section B, Line 12c Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures. Form 990, Part VI, Section B, Line 15a Members of the board of directors review the compensation of all high-level personnel periodically in accordance with IRS rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with IRS guidelines and the organization's policies and procedures. Form 990, Part VI, Section B, Line 15b Members of the board of directors review the compensation of other high-level personnel periodically through the organization's annual budgeting process and in accordance with IRS rules and regulations. Compensation data from industry sources are consulted. Form 990, Part VI, Section C, Line 18 Tax returns are available for download from several websites and by request from the organization's office in San Francisco, California. Form 990, Part VI, Section C, Line 19 All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office. Form 990, Part XII, Line 2c Under the California Nonprofit Integrity Act, an exempt organization with annual revenue of $2 million or more is required to have an Audit Committee to select an audit Firm, review the audit, and approve the audit of its annual financial statements.