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        <FormAndLineReferenceDesc>Schedule C, Part II-B, Line 1g</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization engaged consultants to work with the San Francisco Board of Supervisors to amend a zoning ordinance in order to allow the organization to purchase the building it is using as its main campus.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Line 1a</FormAndLineReferenceDesc>
        <ExplanationTxt>The Institute's policy is not to capitalize its historical treasure, the Diego Rivera Mural. It is not recorded as an asset on the Statement of Financial Position nor subject to depreciation. The iconic Diego Rivera Mural allows the Institute to channel the spirit of San Francisco with the goal of educating future generations of artists and encouraging students to tap into their higher purpose as a world citizen through art. In accordance with FASB ASC 958-360, the Diego Rivera Mural is held for public exhibition, education and research in furtherance of public service rather than financial gain; it is protected, cared for, and preserved; and the Institute has adopted an organizational policy that requires that use of any proceeds from deaccessioned items to be used for the acquisition of new collection items and the direct care of existing collections.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Line 4</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization's collection is comprised of a large 74 foot wide landmark mural painted by Diego Rivera in 1930 named "the making of a fresco showing the building of a city." As an institution of higher education, preservation of this historic mural will further the organization's mission of educating future generations of great artists while also creating an environment that encourages the students to tap into their higher purpose as world citizens in order to reconstruct society through recognition of our shared humanity through art.</ExplanationTxt>
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        <FormAndLineReferenceDesc>SCHEDULE E, PART I, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS NOT YET BEGUN SOLICITING STUDENTS OR OPERATING ITS EDUCATIONAL PROGRAMS. WHEN IT DOES, IT WILL PUBLICIZE ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS PRIMARY ACCESSIBLE INTERNET HOMEPAGE AT ALL TIMES DURING ITS TAX YEAR.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, PART I, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION DOES NOT YET MAINTAIN SUCH RECORDS BECAUSE IT HAS NOT BEGUN OPERATIONS. IT WILL MAINTAIN ALL SUCH RECORDS ONCE IT BEGINS OPERTAING ITS EDUCATIONAL PROGRAMS.</ExplanationTxt>
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        <ExplanationTxt>Members have the power to elect or appoint one or more members of the governing body.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI, Section A, line 6</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization's members are its directors.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI, Section B, line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>The final draft of Form 990 is submitted to each member of the Board of Directors prior to filing for final review and approval.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI, Section B, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>Directors, officers and key employees are required to comply with BM-A Institute's conflict of interest policy and disclose any conflicts of interest on an annual basis. The Board of Directors periodically reviews and monitors any such reported conflicts for compliance.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI, Section C, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>Governing documents, policies and financial statements will be made available to the public upon request.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part III, Line 1</FormAndLineReferenceDesc>
        <ExplanationTxt>DRAWING INSPIRATION FROM BLACK MOUNTAIN COLLEGE, BM-A INSTITUTE WILL FOSTER A NEW GENERATION OF ARTISTS, RESTORE AND REVITALIZE THE HISTORIC SAN FRANCISCO ARTS INSTITUTE, AND PRESERVE THE HISTORIC CAMPUS AND THE ICONIC DIEGO RIVERA MURAL. THE INSTITUTE WILL CHANNEL THE SPIRIT OF SAN FRANCISCO, WHICH EXISTS AT THE INTERSECTION OF ART, TECHNOLOGY, AND HUMANITY, WITH THE GOAL OF EDUCATING FUTURE GENERATIONS OF GREAT ARTISTS WHILE ALSO CREATING AN ENVIRONMENT THAT ENCOURAGES THE STUDENTS TO TAP INTO THEIR HIGHER PURPOSE AS WORLD CITIZENS IN ORDER TO RECONSTRUCT SOCIETY BY RECOGNIZING OUR SHARED HUMANITY THROUGH ART.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part III, Line 4a</FormAndLineReferenceDesc>
        <ExplanationTxt>DURING FISCAL YEAR ENDING JUNE 30, 2024, BM-A INSTITUTE SUCCESSFULLY AQUIRED THE 800 CHESTNUT STREET SITE OF THE FORMER SAN FRANCISCO ART INSTITUTE (SFAI) PROVIDING SPACE FOR THE OPERATION OF A NON-PROFIT INSTITUTION OF HIGHER EDUCATION. THE 93,000 SQUARE FOOT BUILDING FEATURES AN ICONIC BELL TOWER AND HOUSES A 74 FOOT WIDE LANDMARK MURAL PAINTED BY DIEGO RIVERA IN 1930, NAMED "THE MAKING OF A FRESCO SHOWING THE BUILDING OF A CITY". DURING THE NEXT TWO TO THREE YEARS THE INSTITUTE'S BOARD OF DIRECTORS WILL OVERSEE THE FULL RESTORATION OF THE MURAL AND RENOVATION OF THE BUILDING, INCLUDING ALL MECHANICAL, ELECTRICAL AND PLUMBING SYSTEMS, SEISMIC RETROFITTING, AND ENERGY EFFICIENCY UPGRADES, UPDATING TO CURRENT BUILDING CODES IN ALL RESPECTS, AND TO BE IN COMPLIANCE WITH THE AMERICANS WITH DISABILITIES ACT. APPROXIMATELY 75% OF THE INSTITUTE'S TIME AND RESOURCES DURING THIS TIME WILL BE ALLOCATED TO THESE ACTIVITIES. ONCE THESE PROJECTS ARE COMPLETE, THE INSTITUTE WILL CONTINUE TO ALLOCATE TIME AND RESOURCES AS NECESSARY TO MAINTAIN AND OPERATE THE RESTORED BUILDING AND MURAL.</ExplanationTxt>
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          <CityNm>Palo Alto</CityNm>
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