2025-04-03T10:43:46-07:00 2024-06-30 680260103 Regalia & Associates CPAS 103 Town and Country Drive Suite K Danville CA 94526 990 2023-07-01 941593216 Intersection for the Arts INTE 4156262787 1446 Market Street San Francisco CA 94102 Yesenia Sanchez Executive Director 4156262787 2025-04-03 true true Douglas W Regalia P00186389 9253140390 2023 2025-03-06 01:10:19Z Yesenia Sanchez 8140762 false X www.theintersection.org X 1965 CA Intersection for the Arts provides resources, community, and cultural space in order to contribute to the sustainable practices of artists and arts organizations in the San Francisco Bay Area. Inter- section provides fiscal sponsorship, professional development, networking, (cont) 12 9 161 1967 0 7258054 6462342 1713732 1677530 102 890 0 8971888 8140762 108177 0 0 2822967 3295103 0 90375 5810282 5252391 8741426 8547494 230462 -406732 7550111 6575755 1454450 886826 6095661 5688929 consulting and presenting opportunities to artists. We promote creative expression as a means for reflection, for celebration, for economic growth and for finding solutions to the challenges that confront our communities. false false 7973256 1677530 Fiscal Sponsorship ProgramsIntersection fiscally sponsors art and cultural projects in the Bay Area across many disciplines-from visual art to performance to arts education and advocacy. Fiscal sponsorship encourages funding agencies and contributors to take risks in financially supporting new projects and emerging artists, ensuring that money is well-managed and spent according to guidelines. Intersection provides assistance in funding, developing and promoting artistic work, as well as providing low-cost office space in the heart of San Francisco. Art and Community ProgramsIntersection for the Arts directly supports the creative work of artists through the INTERSECT SF Program, and engages community through artist residencies. 7973256 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 false false false false false false false false false false false false false false false false false false false false true 615 0 true 161 true false false false false false false false 0 false false false false false false false X 12 9 false false false false false false false true true false false true true true true true true true true false CA X X X Yesenia Sanchez 4156262787 1446 Market Street San Francisco CA 94102 Scott Nielsen Exec CoDirector 40.00 0.00 X X 113250 0 10408 Rosa DeAnda Project Director 40.00 0.00 120528 0 0 Allision Snopek Exec CoDirector 40.00 0.00 X X 113850 0 800 Thomas Simpson Project Director 40.00 0.00 111036 0 0 Carrie Osborn Board Member 40.00 0.00 X 76320 0 0 Lyzette Wanzer Board Member 40.00 0.00 X 32100 0 0 Sheri Lucas Board Chair 4.00 0.00 X X 0 0 0 Pavan Singh Vice Chair 4.00 0.00 X X 0 0 0 Scott Flicker Treasurer 2.00 0.00 X X 0 0 0 Tim Green Secretary 2.00 0.00 X X 0 0 0 Marla Betsch Board Member 2.00 0.00 X 0 0 0 Reese Williams Board Member 2.00 0.00 X 0 0 0 Jason Blackwell Board Member 2.00 0.00 X 0 0 0 Susie McKinnon Board Member 1.00 0.00 X 0 0 0 El shaddai Wordofa Board Member 1.00 0.00 X 0 0 0 567084 11208 4 false false false 0 X 2976230 3486112 6462342 Admissions/sales/concess 711190 189579 189579 Facility charges 711190 97550 97550 Fees 711190 1309765 1309765 Other earned income 711190 58733 58733 Tuition 711190 21703 21703 200 200 1677530 890 890 0 0 0 0 0 0 0 0 8140762 1677530 890 X 0 0 0 0 191995 134396 38399 19200 0 2698870 2594371 103283 1216 0 134899 64363 69681 855 269339 250751 16247 2341 0 7155 7155 68861 68861 0 0 0 2983072 2840328 84538 58206 94713 94180 426 107 61750 58246 3308 196 55755 50799 3965 991 0 539208 499729 32248 7231 219808 214601 5207 0 0 0 0 0 55450 48029 7421 Fiscal Sponsor Fees Remitted 649055 649055 Production expense 309552 309552 Equipment rental/maintenance 74419 64906 9513 Miscellaneous 56546 31047 25499 77047 68903 8112 32 8547494 7973256 483863 90375 6243497 5371072 328461 328732 534345 631380 123231 79657 0 0 0 0 31804 11348 15147 15147 0 0 0 0 0 288773 153566 7550111 6575755 508635 431727 3375 942440 455099 1454450 886826 X 4404641 3674495 1691020 2014434 6095661 5688929 7550111 6575755 -406732 X false true X true false X 5586517 4286868 7241307 7258054 6462342 30835088 0 0 5586517 4286868 7241307 7258054 6462342 30835088 739993 30095095 150 291 2740 102 890 4173 0 0 30839261 8637095 0.97590 0.98080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15147 15147 Lease payable current 106613 Lease payable Long Term 50404 Refundable advance 298082 455099 X 7491707 -649055 -649055 8140762 8140762 7898439 7898439 649055 649055 8547494 Part X : FIN48 Footnote Financial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, IFTA is required to report information regarding its exposure to various tax positions taken by IFTA 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 IFTA has adequately evaluated its current tax positions and has concluded that as of June 30, 2024 IFTA does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.IFTA 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. IFTA may periodically receive unrelated business income requiring the organization to file separate tax returns under federal and state statutes. Under such conditions, IFTA calculates and accrues the applicable taxes payable. Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Fiscal sponsorship fees remitted $649055 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 downloading from various websites and can be requested 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.