2024-09-26T14:11:42-07:00 2023-12-31 680260103 REGALIA & ASSOCIATES CPAS 103 TOWN COUNTRY DR STE K DANVILLE CA 94526 990 2023-01-01 943355076 Independent Arts & Media INDE 4157384975 PO Box 420442 San Francisco CA 94142 Lisa Burger Executive Director 4157384975 2024-09-26 true true Douglas W Regalia P00186389 9253140390 2023 2024-08-08 14:25:15Z Lisa Burger PO Box 420442 San Francisco CA 94142 5900845 false X www.artsandmedia.net X 2000 CA Independent Arts & Media's mission is to steward and empower independent arts and media projects that foster community and civic participation, and facilitate cultural engagement and free expression. 7 4 32 120 354 3811975 5701326 144839 187436 9983 3557 7381 5640 3974178 5897959 799620 727964 0 1090378 1217650 0 21550 2017636 1048572 3907634 2994186 66544 2903773 2686287 5526115 210389 208208 2475898 5317907 Independent Arts & Media's mission is to steward and empower independent art and media projects that foster community and civic participation and facilitate cultural engagement and free expression. false false 2651868 727964 187436 IAM offers fiscal sponsorship to projects and producers that advance IAMs charitable purpose as approved by the IRS: to raise and support the educational, cultural, and social levels of, and expand the related opportunities available to, the residents of the San Francisco Bay Area and surrounding regional and national communities, including members of under-served, minority, and low-income communities, through the development of non-commercial projects for the benefit of the general public, including, but not limited to, educational, cultural, community, media, news, and art-related projects.(continued next section) IAM currently supports over 75 affiliates dedicated to non-commercial work in media and the arts, including publishing, theater, dance, music, visual art, film and video, radio, mixed media and transmedia, journalism, history, and public-events production and convening.While most of IAM's Affiliates are in the Bay Area, several are located throughout the United States, including New York, Georgia, Illinois, and Massachusetts. 2651868 true true false false false false false false false false false 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 true false false false false false false false false true 182 0 true 32 true true true false false false false false false 0 false false false false false false false X 7 4 false false false false false false false true true false false true true true true true true true true false CA X X X Lisa Burger 4157384975 PO Box 420442 San Francisco CA 94142 Lisa Burger Executive Dir. 25.00 0.00 X X 66475 0 579 Krystal Beasley Director 15.00 0.00 X 21061 0 0 Afia Thompson Director 5.00 0.00 X 12300 0 0 Ahmad Kakar Treasurer 5.00 0.00 X X 0 0 0 Alexandria Wyllie Secretary 5.00 0.00 X X 0 0 0 Robert Philipson Director 5.00 0.00 X 0 0 0 Eric Wallner President 5.00 0.00 X 0 0 0 99836 579 0 false false false Walking Cinema 43 Conrad Street San Francisco CA 94131 Audio Tours 120000 1 1123077 4578249 80092 5701326 Contract fees 711190 133851 133851 Event Ticket Sales 711190 16891 16891 Other Earned Revenue 711190 2776 2776 Tuition 711190 25117 25117 Vendor Fees 711190 8645 8645 156 156 187436 3557 3557 0 0 3240 2886 354 354 354 0 0 0 5286 5286 5286 0 5897959 192722 354 3557 X 591705 591705 136259 136259 0 0 99836 33361 66475 0 987233 924496 62737 0 43989 40600 3389 86592 75966 10626 0 8839 8839 38207 38207 0 0 0 710062 615090 79172 15800 14570 14570 35527 34861 666 54886 47842 7044 0 35354 28850 6504 60656 45278 15378 0 0 0 0 0 15627 1383 14244 Return of fisc sponsor funds 20236 20236 Dues and subscriptions 18278 8824 3776 5678 Printing and Publications 9892 9812 41 39 Accessibility and outreach 8667 8567 100 17771 14168 3570 33 2994186 2651868 320768 21550 27256 359474 2268552 3909622 262654 1216135 3398 0 0 0 0 39122 37486 0 88703 0 0 0 0 0 2686287 5526115 80969 15061 4309 325 125111 192822 210389 208208 X 1858436 4004890 617462 1313017 2475898 5317907 2686287 5526115 X 2903773 -61764 X X false true X true false X 1377957 2241947 3820848 3811975 5701326 16954053 0 0 1377957 2241947 3820848 3811975 5701326 16954053 1024370 15929683 1257 1700 1804 9983 12502 27246 0 0 16981299 842922 0.93810 0.99350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Accrued Payroll 41998 Conditional advance 150824 192822 X 5839081 -58878 -58878 5897959 5897959 2997072 2886 2886 2994186 2994186 Part X : FIN48 Footnote Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, IAM is required to report information regarding its exposure to various tax positions taken by IAM 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 IAM has adequately evaluated its current tax positions and has concluded that as of December 31, 2023, IAM does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.IAM 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. This exemption is subject to periodic review by the federal and state taxing authorities and management is confident that the organization continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. IAM may periodically receive unrelated business income requiring the organization to file separate tax returns under federal and state statutes. Under such conditions, IAM will calculate, accrue and remit the applicable taxes. Part XII, Line 2d: Other expenses and losses per audited F/S Form 990-T Sublease rental expense $2886 true Art Forces 2633 Telegraph Ave Ste 405 Oakland CA 94612 680463892 90774 0 Program Support Craftsmanship LLC 150 Funston Ave San Francisco CA 94107 474806034 30000 0 Program Support Dogpatch Collective LLC 1661 Tennessee St Suite 3D San Francisco CA 94107 814943326 23180 0 Program support East Bay Queer Healing Arts C 3411 Lakeshore Ave Oakland CA 94610 853876096 9315 0 Program support East Bay Sanctuary Covenant PO Box 4670 Berkeley CA 94704 943249753 501(c)(3) 10000 0 Stop Hate Project Howard Zinn Book Fair 1680 Market St San Francisco CA 94102 465626713 9740 0 Program support KidNuz 3697 Mt Diablo Blvd 205 Lafayette CA 94549 364965481 9322 0 Program support Little Boxes Theater 1661 Tennessee St San Francisco CA 94107 465223122 22700 0 Program support Mendocino News Media LLC PO Box 37 Ukiah CA 95482 813797192 33062 0 Program Support Mpowerdance Company 1032 Irving Street 426 San Francisco CA 94122 465490814 16075 0 Program Support New Modality LLC 340 S Lemon Ave 6953 Walnut CA 91789 842577374 14000 0 Program support Samobe Inc 2218 21st St Santa Monica CA 90405 464796931 15500 0 Program support San Francisco Art Book Fair 1150 25th St San Francisco CA 94107 821242009 33750 0 Program Support Shaping San Francisco 518 Valencia St San Francisco CA 94110 841976118 51687 0 Program Support The Atlantic Monthly Grp LLC 600 New Hampshire Ave NW Washington DC 20037 043483736 48912 0 Program Support The Crucible 1260 7th St Oakland CA 94607 522137825 36000 0 Program support The Frisc 3003 Goodwin Ave Redwood City CA 94061 824841329 74366 0 Program Support TWH Publishing LLC 8004 NW 154 St Num 216 Miami Lakes FL 33014 832265631 13273 0 Program Support Wasatch Public Media PO Box 2547 Salt Lake City UT 84110 800166208 41359 0 Program Support 1 18 Program Support 26 136259 Grantmaker's Description of How Grants are Used For each grant, IAM requires the grantee to submit a description of how the funds will be spent on their project. Additionally, all grantees are required to submit semi-annual written reports describing the programs conducted by the grantee and all expenditures made with grant funds. IAM verifies that the reports contain sufficient information to establish that all grant funds were used exclusively for the purposes of the project in furtherance of IAM's exempt purpose. X 1 74666 FMV X Wine 1 432 FMV X Event Passes 1 4750 FMV X Music equip 1 244 FMV false false false Form 990, Part VI, Section B, Line 11b Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service. 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 Compensation of other personnel and highly compensated employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files. 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 XI, Line 9 Change in unamortized discount = -$61764 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.