2025-09-22T14:34:35-05:00 2024-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2024-01-01 881225820 INSTITUTE OF CONTEMPORARY ART SAN FRANCISCO INST 4152269250 1225 4TH STREET 403 SAN FRANCISCO CA 94158 ALISON GASS PRESIDENT 4152269250 2025-09-12 1 1 FREDERICK MARTENS P00298107 2126972299 2024 2025-03-06 01:10:19Z ICA SF ALISON GASS 1225 4TH STREET 403 SAN FRANCISCO CA 94158 2544062 0 X ICASF.ORG X 2022 CA THE INSTITUTE OF CONTEMPORARY ART SAN FRANCISCO (ICA SF) IS A FREE, NON-COLLECTING CONTEMPORARY ART MUSEUM. ICA SF OFFERS ARTISTS FROM ALL OVER THE WORLD AN OPPORTUNITY TO PUSH BOUNDARIES, EXPERIMENT WITH NEW IDEAS, AND TAKE RISKS. THROUGH PARTNERSHIPS WITH ARTISTS AND COLLABORATORS, ICA SF SEEKS TO EXPLORE THE MOST CRITICAL SOCIAL, POLITICAL, AND CULTURAL ISSUES HAPPENING IN THE WORLD AROUND US THROUGH THE LENS OF ARTISTIC PRACTICE AND IS COMMITTED TO EXPANDING THE FUTURE CANON OF ARTISTS SHOWN IN INSTITUTIONS. BUILDING UPON THE LESSONS LEARNED IN THE FIRST "START UP" YEARS, ICA SF REMAINS CONTINUOUSLY "UNDER CONSTRUCTION," COMMITTING TO A NIMBLENESS RARELY FOUND IN ART INSTITUTIONS. ICA SF SEEKS TO MAKE CONTEMPORARY ART RELEVANT AND MEANINGFUL FOR ALL AUDIENCES. 14 13 12 13 0 0 2197371 2475356 0 0 935 896 25199 58492 2223505 2534744 0 0 0 0 964153 865247 48000 0 447687 1434106 1330135 2446259 2195382 -222754 339362 1736521 514047 1121364 34190 615157 479857 X THE INSTITUTE OF CONTEMPORARY ART SAN FRANCISCO (ICA SF) IS A FREE, NON-COLLECTING CONTEMPORARY ART MUSEUM. ICA SF OFFERS ARTISTS FROM ALL OVER THE WORLD AN OPPORTUNITY TO PUSH BOUNDARIES, EXPERIMENT WITH NEW IDEAS, AND TAKE RISKS. THROUGH PARTNERSHIPS WITH ARTISTS AND COLLABORATORS, ICA SF SEEKS TO EXPLORE THE MOST CRITICAL SOCIAL, POLITICAL, AND CULTURAL ISSUES HAPPENING IN THE WORLD AROUND US THROUGH THE LENS OF ARTISTIC PRACTICE AND IS COMMITTED TO EXPANDING THE FUTURE CANON OF ARTISTS SHOWN IN INSTITUTIONS. BUILDING UPON THE LESSONS LEARNED IN THE FIRST "START UP" YEARS, ICA SF REMAINS CONTINUOUSLY "UNDER CONSTRUCTION," COMMITTING TO A NIMBLENESS RARELY FOUND IN ART INSTITUTIONS. ICA SF SEEKS TO MAKE CONTEMPORARY ART RELEVANT AND MEANINGFUL FOR ALL AUDIENCES. 0 0 1488025 10192 THE INSTITUTE OF CONTEMPORARY ART SAN FRANCISCO IS A NON-COLLECTING ART MUSEUM THAT OFFERS ARTISTS FROM AROUND THE WORLD AN OPPORTUNITY TO PUSH BOUNDARIES, EXPERIMENT WITH NEW IDEAS, AND TAKE RISKS. WE BELIEVE IN THE POWER OF ART TO EXPLORE THE MOST CRITICAL SOCIAL, POLITICAL, AND CULTURAL QUESTIONS OF OUR TIME AND ARE COMMITTED TO EXPANDING THE ART HISTORICAL CANON OF THE FUTURE. BUILDING UPON THE LESSONS LEARNED IN OUR EARLY START-UP YEARS, ICA SF REMAINS CONTINUOUSLY "UNDER CONSTRUCTION," EMBRACING A NIMBLENESS RARELY FOUND IN ART INSTITUTIONS. THIS APPROACH ALLOWS US TO RESPOND DYNAMICALLY TO THE CITY'S EVOLVING NEEDS AND TO GENERATE CULTURAL MOMENTUM THAT CATALYZES POSITIVE LASTING CHANGE IN NEIGHBORHOODS AND COMMUNITIES. WE SEEK TO MAKE CONTEMPORARY ART RELEVANT AND MEANINGFUL FOR ALL AUDIENCES. ADMISSION IS ALWAYS FREE. 1488025 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 41 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 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 1225 4TH STREET 403 SAN FRANCISCO CA 94158 ETHAN BEARD CHAIR 2.00 X X 0 0 0 SUSAN SWIG VICE CHAIR 1.00 X 0 0 0 ALISON GASS PRESIDENT, KREIGER FAMILY 40.00 X X 183904 0 28426 DAVID HORNIK TREASURER 1.00 X 0 0 0 CATIA HAGOPIAN SECRETARY 2.00 X X 0 0 0 KAYLEEN ARNKE DIRECTOR 1.00 X 0 0 0 MIA CONWAY DIRECTOR 1.00 X 0 0 0 JEFFREY DAUBER DIRECTOR 1.00 X 0 0 0 LIZELLE GREEN DIRECTOR 1.00 X 0 0 0 PAMELA HORNIK DIRECTOR 1.00 X 0 0 0 RACHEL JONES DIRECTOR 1.00 X 0 0 0 CHRISTINA MCGUIRE DIRECTOR 1.00 X 0 0 0 GABRIELLA MISHEV DIRECTOR 1.00 X 0 0 0 MAX OBATA DIRECTOR 1.00 X 0 0 0 WENDY CHANG CHIEF FINANCIAL OFFICER 20.00 X 69779 0 0 253683 0 28426 1 0 1 0 0 73502 2401854 97574 2475356 896 896 31770 0 31770 31770 31770 19510 9318 10192 10192 OTHER INCOME 900099 16530 16530 16530 2534744 10192 0 49196 X 282109 112534 101629 67946 424306 224883 63645 135778 14492 7681 2174 4637 92553 49053 13883 29617 51787 27447 7768 16572 450 450 20001 20001 222398 171147 16697 34554 50477 50477 76462 40525 11469 24468 369509 346033 11738 11738 34171 18110 5126 10935 150436 142914 3761 3761 8857 4694 1329 2834 EXHIBITION COSTS 292527 292527 CULTIVATION EVENTS 104847 104847 2195382 1488025 259670 447687 13327 12887 187900 231517 20000 95000 9809 9821 3182 281839 120199 482676 161640 1022809 0 1736521 514047 58343 34190 17560 1045461 0 1121364 34190 X 560157 459857 55000 20000 615157 479857 1736521 514047 X 339362 -474662 X 0 1 X 1 0 X 2605392 2197371 2475356 7278119 2605392 2197371 2475356 7278119 909027 6369092 1083 16160 32666 49909 5000 16530 21530 7349558 27693 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 102560 13317 89243 102709 47871 54838 76570 59011 17559 161640 2634744 100000 100000 2534744 0 2534744 2295382 100000 100000 2195382 0 2195382 X X X 0 0 0 0 0 0 0 0 0 ALISON GASS PRESIDENT, KREIGER FAMILY 183904 0 0 0 0 0 0 0 28426 0 212330 0 0 0 X 3 97574 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 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 ARTISTIC CONTRACTORS AND SERVICES: PROGRAM SERVICE EXPENSES 105,117. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 105,117. GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 38,160. MANAGEMENT AND GENERAL EXPENSES 10,800. FUNDRAISING EXPENSES 23,040. TOTAL EXPENSES 72,000. SOCIAL MEDIA: PROGRAM SERVICE EXPENSES 17,651. MANAGEMENT AND GENERAL EXPENSES 4,996. FUNDRAISING EXPENSES 10,657. TOTAL EXPENSES 33,304. OTHER CONSULTING: PROGRAM SERVICE EXPENSES 10,219. MANAGEMENT AND GENERAL EXPENSES 901. FUNDRAISING EXPENSES 857. TOTAL EXPENSES 11,977. FORM 990, PART XI, LINE 9: LOSS ON EARLY TERMINATION OF BUILDING LEASE -201,503. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -273,159.