2024-03-20T17:12:00-05:00 2022-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2022-03-03 881225820 INSTITUTE OF CONTEMPORARY ART SAN FRANCISCO INST 4152269250 901 MINNESOTA STREET SAN FRANCISCO CA 94107 ALISON GASS PRESIDENT 4152269250 2024-02-27 1 ALISON GASS 999009999 0 FREDERICK MARTENS P00298107 2126972299 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X X ICA SF ALISON GASS 901 MINNESOTA STREET SAN FRANCISCO CA 94107 2631129 0 X ICASF.ORG X 2022 CA INSTITUTE OF CONTEMPORARY ART SAN FRANCISCO (ICA SF) OFFICIALLY OPENED TO THE PUBLIC ON OCTOBER 1, 2022. 9 8 13 8 0 0 2605392 0 1571 813 2607776 0 0 651642 17125 338856 1101098 1769865 837911 2365839 1527928 837911 X THE INSTITUTE OF CONTEMPORARY ART SAN FRANCISCO (ICA SF), IS A BRAND NEW, FREE, NON-COLLECTING CONTEMPORARY ART MUSEUM DEDICATED TO EXPERIMENTING IN PUBLIC, OPERATING TRANSPARENTLY, AND EMBRACING CONSTANT REINVENTION IN THE REALM OF CONTEMPORARY ART. AS A NEW INSTITUTION, THE ICA SF HAS THE UNUSUAL OPPORTUNITY TO START FROM SCRATCH AND THUS AIMS TO LEAD RIGHT OUT OF THE GATE WITH SOME NECESSARY ART WORLD VALUES: PRIORITIZING INDIVIDUALS OVER INSTITUTIONS, AND MODELING EQUITY AND EXPANSION IN THE ARTISTIC CANON. 0 0 1247935 ICA SF OFFICIALLY OPENED TO THE PUBLIC ON OCTOBER 1, 2022. LEARNING FROM THE PROCESS OF THE YEAR OF STARTING UP, THE ICA SF WILL BE A MUSEUM THAT'S CONTINUOUSLY "UNDER CONSTRUCTION," RETAINING THE REQUISITE NIMBLENESS THAT COMES FROM THAT CONDITION. THROUGH EXHIBITIONS, PROGRAMMING, AND SOCIAL OPPORTUNITIES, THE ICA SF SEEKS TO BROADEN THE POSSIBILITIES FOR CIVIC AND CREATIVE ENGAGEMENT WITHIN THE REGION'S VIBRANT ECOSYSTEM AND TO ENABLE ARTISTS TO PUSH BOUNDARIES, EXPERIMENT WITH NEW IDEAS, AND TAKE RISKS.BEFORE THE MUSEUM OFFICIALLY OPENED, ICA SF PRESENTED A PROGRAM CALLED MEANTIME, TAKING PLACE JANUARY 22 - MAY 1, 2022 BETWEEN CONSTRUCTION PHASES. DURING THIS PERIOD THE ICA SF HOSTED A POP-UP INSTALLATION BY OAKLAND-BASED ARTIST CHRIS MARTIN, AND POP-UP PROGRAMS WITH 90 ARTISTS FROM AROUND THE BAY AREA. AFTER MEANTIME ENDED THE ICA SF COMPLETED CONSTRUCTION TO OPEN OCTOBER 1, 2022 WITH THE INAUGURAL EXHIBITION, JEFFREY GIBSON: THIS BURNING WORLD. IN 2022 THE ICA SF ALSO LAUNCHED A MEMBERSHIP PROGRAM, THE 901 CLUB, AS WELL AS THEIR POPULAR SERIES OF CHEF AND COFFEE POP UPS. ATTENDANCE REACHED NEARLY 10,000 VISITORS FOR THE 6 MONTH SPAN THEY WERE OPEN (REGULAR OPEN HOURS BEGAN IN OCTOBER, THE OPEN HOURS PRIOR WERE FOR SPECIAL PROGRAMS ONLY). 1247935 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X THE ORGANIZATION 4152269250 901 MINNESOTA STREET SAN FRANCISCO CA 94107 ETHAN BEARD CHAIR 2.00 X X 0 0 0 ALISON GASS PRESIDENT, KREIGER FAMILY DIRECTOR 40.00 X X 146492 0 12728 CATIA HAGOPIAN SECRETARY 2.00 X X 0 0 0 DAVID HORNIK DIRECTOR 1.00 X 0 0 0 PAMELA HORNIK DIRECTOR 1.00 X 0 0 0 KAITLYN KRIEGER DIRECTOR 1.00 X 0 0 0 KANYO MAQUBELA DIRECTOR 1.00 X 0 0 0 DEBORAH RAPPAPORT DIRECTOR 1.00 X 0 0 0 SUSAN SWIG DIRECTOR 1.00 X 0 0 0 JESSICA WOZNAK CHIEF OPERATING & FINANCIAL OFFICER 40.00 X 26486 0 3448 172978 0 16176 1 0 1 0 JOHNSTONE MCAULIFFE CONSTRUCTION 100 SANTA ROSA AVENUE SUITE 5 PACIFICA CA 94044 CONSTRUCTION SERVICES 310828 1 91517 2513875 105649 2605392 1083 1083 23429 22941 488 488 488 1225 412 813 813 2607776 813 0 1571 X 189154 70694 62733 55727 381642 231057 24048 126537 7909 4214 926 2769 28897 16063 3433 9401 44040 23341 6606 14093 34952 34952 33000 33000 17125 17125 325429 322314 994 2121 139047 139047 33743 17884 5062 10797 266933 253587 6673 6673 16397 8690 2460 5247 44532 42306 1113 1113 7163 3797 1074 2292 EXHIBITION COSTS 114941 114941 CULTIVATION EVENTS 84961 84961 1769865 1247935 183074 338856 8674 325390 30000 9787 585266 44532 0 540734 0 1451254 0 2365839 65966 0 1461962 0 1527928 X 722911 115000 0 837911 0 2365839 837911 0 X 0 1 X 1 0 X 2605392 2605392 2605392 2605392 657613 1947779 1083 1083 2606475 813 X PART II 2022 WAS THE ORGANIZATION'S INITAL TAX PERIOD, REPRESENTING THE SHORT YEAR BEGINNING MARCH 3, 2022 AND ENDING DECEMBER 31, 2022. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 405987 29781 376206 102709 6787 95922 76570 7964 68606 540734 OPERATING RIGHT-OF-USE-ASSET 1451254 1451254 OPERATING LEASE LIABILTY 1461962 1461962 2665346 57570 57570 2607776 0 2607776 1827435 57570 57570 1769865 0 1769865 X X X X X X 1 SHEENA BORJA 1801 DAVIS DR BURLINGAME CA 94010 LAUNCH OF MEMBERSHIP PROGRAM, OPENING GALA, FOUNDING GIFTS 0 0 17125 0 17125 CA X X X 0 0 0 0 0 0 0 0 0 ALISON GASS PRESIDENT, KREIGER FAMILY DIRECTOR 121492 0 25000 0 0 0 0 0 12728 0 159220 0 0 0 X 105649 4 QUOTED MARKET VALUE 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DAVID HORNIK AND PAMELA HORNIK - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND CHIEF OPERATING AND FINANCIAL OFFICER REVIEW A DRAFT OF FORM 990. PRIOR TO FILING, FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON (TRUSTEE, PRINCIPAL OFFICER, MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS) MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. EACH TRUSTEE, PRINCIPAL OFFICER, MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, AND KEY EMPLOYEE SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, AND C. HAS AGREED TO COMPLY WITH THE POLICY. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL OTHER MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE DIRECTOR, CHIEF OPERATING AND FINANCIAL OFFICER, AND OTHER KEY EMPLOYEES IS DETERMINED USING THE FORM 990S OF PEER ORGANIZATIONS AND OTHER COMPARABILITY DATA, IS APPROVED BY THE BOARD OF DIRECTORS, AND SUCH APPROVAL IS DOCUMENTED IN THE MINUTES TO MEETINGS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINACIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 2,976. MANAGEMENT AND GENERAL EXPENSES 842. FUNDRAISING EXPENSES 1,797. TOTAL EXPENSES 5,615. CURATORIAL FELLOW: PROGRAM SERVICE EXPENSES 2,435. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,435. EXHIBITION MANAGEMENT: PROGRAM SERVICE EXPENSES 65,550. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,550. ARTIST FEES: PROGRAM SERVICE EXPENSES 37,374. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,374. VENDOR SERVICE FEES: PROGRAM SERVICE EXPENSES 198,131. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 198,131. GUEST CURATORS: PROGRAM SERVICE EXPENSES 10,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,000. GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 5,312. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,312. OTHER CONSULTING: PROGRAM SERVICE EXPENSES 536. MANAGEMENT AND GENERAL EXPENSES 152. FUNDRAISING EXPENSES 324. TOTAL EXPENSES 1,012. AMENDED RETURN THE FOLLOWING WERE REVISED FOLLOWING THE COMPLETION OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS FOR THE PERIOD ENDED DECEMBER 31, 2022: PART I LINES 17, 18, 19, 20 AND 22 PART III LINE 4A PART IV LINE 12A PART IX LINES 22 AND 25 PART X LINES 10B, 10C, 16, 27, 28, 32 AND 33 PART XI LINES 2, 3 AND 10 PART XII LINES 2B AND 2C SCHEDULE D PART VI LINE 1C SCHEDULE D PART XI LINES 1, 2B, 2E, 3 AND 5 SCHEUDLE D PART XII LINES 1, 2A, 2E, 3 AND 5 SCHEDULE G PART I LINE 3