2025-10-11T13:33:51-05:00 2025-06-30 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2024-07-01 912146802 MUSIC CONCOURSE COMMUNITY PARTNERSHIP MUSI 5105994651 1070 MARTINO ROAD LAFAYETTE CA 94549 JANET BERCKEFELDT PRESIDENT AND MANAGING DIRECTOR 5105994651 2025-10-11 1 1 KATY BROWN P00650274 9257902600 2025-10-10 2024 2025-03-06 01:10:19Z X JANET BERCKEFELDT 1070 MARTINO ROAD LAFAYETTE CA 94549 5925788 0 X N/A X 2001 CA TO COMPLETE AND OPERATE THE GOLDEN GATE PARK UNDERGROUND PARKING FACILITY. X 8 8 1 8 0 0 0 0 6035848 4143639 86252 62569 0 1719580 6122100 5925788 0 0 0 0 75872 80774 0 0 0 5716296 4346593 5792168 4427367 329932 1498421 31544209 703648 25557924 81031 5986285 622617 X MUSIC CONCOURSE COMMUNITY PARTNERSHIP (MCCP) OWNS AND OPERATES A NON-PROFIT PARKING GARAGE THAT SERVICES VISITORS TO SAN FRANCISCO'S GOLDEN GATE PARK, DEYOUNG MUSEUM AND CALIFORNIA ACADEMY OF SCIENCE. 0 1 3903018 4143639 FOR THE PERIOD JULY 1, 2024 TO MARCH 20, 2025, 233,396 TICKETS WERE ISSUED IN THE GARAGE. IN ADDITION, THERE WERE 430 MONTHLY PARKING PASSES ISSUED, AND MORE THAN 15,000 PARKERS WHO ATTENDED EVENTS. THE GARAGE NOT ONLY SERVED VISITORS TO GOLDEN GATE PARK AND ITS ATTRACTIONS, BUT ALSO HELPED TO REDUCE TRAFFIC CONGESTION AND AIR POLLUTION IN THE AREA. 3903018 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 3 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X SHANNON SMITH - BAKER TILLY LLP 4156370873 50 FREMONT STREET SAN FRANCISCO CA 94105 MARTHA KROPF CHAIR 1.00 X X 0 0 0 ROBERT VALDEZ SECRETARY/TREASURER 1.00 X X 0 0 0 JASON SEIFER AUDIT DIRECTOR 1.00 X 0 0 0 ERIC FOSTER DIRECTOR 1.00 X 0 0 0 JIM GOHARY DIRECTOR 1.00 X 0 0 0 JOHN MURRAY DIRECTOR 1.00 X 0 0 0 PAUL VIOLICH DIRECTOR 1.00 X 0 0 0 DIANE B WILSEY DIRECTOR 1.00 X 0 0 0 JANET A BERCKEFELDT PRESIDENT 4.00 X 76480 0 0 76480 0 0 0 0 0 0 IMPERIAL PARKING (US) LLC 1740 CESAR CHAVEZ ST UNIT 2W SAN FRANCISCO CA 94124 PARKING GARAGE MANAGEMENT 2266516 1 PARKING REVENUE 812930 4143639 4143639 4143639 62569 62569 GAIN ON DEBT FORGIVENE 525990 1719580 1719580 1719580 5925788 4143639 0 1782149 X 74886 74886 5888 5888 183960 183960 201242 201242 697268 666142 31126 22475 22475 21781 21781 345029 345029 992834 992834 783493 783493 152222 126467 25755 PARKING TAXES 805075 805075 CREDIT CARD FEES 120134 120134 LICENSES, PERMITS, FEES 21080 19588 1492 4427367 3903018 524349 0 2555058 703648 1115593 46257 0 25218722 2608579 0 31544209 703648 343317 81031 20815171 3239901 1159535 0 25557924 81031 X 5986285 622617 5986285 622617 31544209 703648 X 1498421 -6862089 X 0 1 X 1 0 X 638789 638789 2065964 4374346 6628243 6035848 4143639 23248040 2065964 4374346 7267032 6035848 4143639 23886829 0 0 0 23886829 6191 465 50562 86252 62569 206039 6191 465 50562 86252 62569 206039 1125 53320 1719580 1774025 2073280 4428131 7317594 6122100 5925788 25866893 0.92350 0.98880 0.00800 0.00870 X 0 X -1741376 0 -1741376 7667164 7667164 5925788 3622292 0 3622292 805075 805075 4427367 PART X, LINE 2: MCCP IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES UNDER THE PROVISIONS OF 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. MCCP HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 AND 2024, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 4B - OTHER ADJUSTMENTS: PARKING TAX EXPENSES NETTED AGAINST REVENUE 805,075. LOSS ON GROUND LEASE TERMINATION 1,395,626. LOSS ON TRANSFER OF ASSETS 5,466,463. PART XII, LINE 4B - OTHER ADJUSTMENTS: PARKING TAX EXPENSES NETTED AGAINST REVENUE 805,075. LOSS ON DISPOSAL OF ASSETS 2024-06-30 5466463 FMV 946000417 CITY OF SAN FRANCISCO 1 DR CARLTON B GOODLETT PLAC SAN FRANCISCO CA 94102 GOV'T 0 0 0 0 FORM 990, PART III, LINE 3 ON MARCH 20, 2025, THE PARKING GARAGE WAS TRANSFERRED TO THE CITY OF SAN FRANCISCO. MUSIC CONCOURSE COMMUNITY PARTNERSHIP IS IN THE PROCESS OF LEGAL DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 8B THE AUDIT COMMITTEE RECOMMENDS TO THE BOARD, BUT DOES NOT ACT FOR THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS, TREASURER, AND CHAIR REVIEW THE PREPARED 990 FILINGS, AS WELL AS THE MANAGING DIRECTOR/PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS, OFFICERS, AND STAFF. THEY ARE ASKED TO DISCLOSE ANY CONFLICTS ANNUALLY WHICH ARE THEN REVIEWED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE MANAGING DIRECTOR AND PRESIDENT, JANET BERCKEFELDT, DIRECTS ALL OPERATIONS AND OVERSEES THE RELATIONSHIPS WITH THE CITY OF SAN FRANCISCO, THE GARAGE OPERATOR, AUDITORS, INSURANCE AGENTS, AND SUPERVISES THE ACCOUNTING FUNCTIONS. COMPENSATION WAS NEGOTIATED AT THE TIME OF HIRE IN SEPTEMBER 2008 BASED ON MARKET RATES, AND WAS APPROVED BY THE FULL BOARD AT THE TIME OF HIRING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE PROVIDED TO THE CITY OF SAN FRANCISCO AND OTHER INTERESTED PARTIES ON A MONTHLY OR QUARTERLY BASIS AS APPLICABLE. FORM 990, PART IX, LINE 11G OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 666,142. MANAGEMENT AND GENERAL EXPENSES 31,126. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 697,268. FORM 990, PART XI, LINE 9: LOSS ON GROUND LEASE TERMINATION -1,395,626. LOSS ON TRANSFER OF ASSETS -5,466,463.