2025-08-13T14:49:01-07:00 2024-06-30 680260103 REGALIA BERGER & BERGER CPAS 103 TOWN COUNTRY DR STE K DANVILLE CA 94526 990 2023-07-01 942986114 CounterPulse COUN 4156262060 80 Turk Street San Francisco CA 94102 Julie Phelps Artistic & Exec Dir 4156262060 2025-08-13 true true Douglas Regalia P00186389 9253140390 2023 2025-03-06 01:10:19Z X Julie Phelps 80 Turk Street San Francisco CA 94102 1435137 false X www.counterpulse.org X 1985 CA CounterPulse provides space and resources for emerging artists and cultural innovators, serving as an incubator for the creation of socially relevant, community-based art and culture. Counter- Pulse acts as a catalyst for art and action; creating a forum for the open [cont.] 11 10 26 324 0 1266066 1251534 154402 165638 21834 6963 -7422 -5011 1434880 1419124 0 0 739502 755598 0 168427 403677 709663 1143179 1465261 291701 -46137 6571352 6543198 577009 591914 5994343 5951284 X exchange of art and ideas, catalyzing transformation in our communities and our society. We work towards a world that celebrates diversity of race, class, cultural heritage, artistic expression, ability, gender identity & sexual orientation. false false 644129 113682 Performances: CounterPulse presents an ongoing curated platform of Performances that are a part of our biennial festival, co-produced with independent producers, and/or commissioned through residencies. The CounterPulse Festival is presented every other year on odd years and focused on national and international presentations. Co-productions partner directly with artists and small companies on the production and presentation of 20-35 presentations each year. Commissioning residencies nurtures artistic development through a residency experience that combines financial support, artistic freedom, extensive rehearsal space, and structured community feedback sessions. 223367 12058 House Artists Program: The House Artists Program supports artists and companies based in the San Francisco Bay Area by offering a suite of financial, outreach, and facilities services. This comprehensive program serves as a nesting place and launching pad for artists. Robust fiscal oversight is at the core of the program to provide the solid foundation on which to build creative work. 172393 39898 Public Arts and other: Public Arts is focused on producing and presenting work outside of the CounterPulse facility in the public spaces of our neighborhood and city at large. This program's primary aim is to keep what is beautiful about the Tenderloin thriving: a neighborhood that is diverse, expressive, and resilient. We predominantly work in the Tenderloin neighborhood to provide opportunities for residents, workers and visitors to engage in safe, hospitable, and creative activities and share their stories. 1039889 true true false false false false false false false false true false false false true true false true false false false false false false true false false false false false false false false false false false false false true false false false false true false false false true 53 0 true 26 true false false false false false true true false 0 false false false false false false false X 11 10 false false false false false false false true true false false true true true true true true true true false CA X X X Susan Pleck 4156262060 80 Turk Street San Francisco CA 94102 Julie Phelps Art & Exec Dir 36.00 0.00 X X 111037 0 5601 Susan Pleck Finance Dir 32.00 0.00 X 64808 0 0 Victor Cordon Board Chair 2.00 0.00 X X 0 0 0 Peter McCormack Vice Chair 2.00 0.00 X X 0 0 0 Lisa Beyer Treasurer 2.00 0.00 X X 0 0 0 Diana Murphy Secretary 2.00 0.00 X X 0 0 0 Carlo Abruzzese Director 2.00 0.00 X 0 0 0 Carlos Brache Director 2.00 0.00 X 0 0 0 Shannon Hong Director 2.00 0.00 X 0 0 0 Stephanie Kurteff Director 2.00 0.00 X 0 0 0 Lucy Milligan Wahl Director 2.00 0.00 X 0 0 0 Frank Smigiel Director 2.00 0.00 X 0 0 0 175845 5601 1 false false false 0 64738 776517 410279 76537 1251534 Admissions and sales 711310 75773 75773 Performance Fees 711310 64159 64159 Rental/Usage fees 711310 25706 25706 165638 6963 6963 0 0 0 0 6880 64738 16013 -9133 0 0 Other Misc income 711310 4122 4122 4122 1419124 169760 6963 X 0 0 0 0 183695 70329 78000 35366 0 453873 299688 75060 79125 0 63314 42423 10450 10441 54716 32907 11960 9849 0 3500 3500 23934 23934 0 0 0 300147 287822 12325 11496 11210 150 136 3976 2323 922 731 15648 9626 3468 2554 0 46624 40368 6256 47198 44617 2520 61 0 0 27369 27369 0 129589 110150 19439 17922 15235 2687 Equipt, Sets, props, costumes 46133 46133 Dues, licenses, permits 22351 16532 4535 1284 Bank fees and charges 8396 3498 3714 1184 Miscellaneous 3523 3523 1857 5 1525 327 1465261 1039889 256945 168427 678933 609279 332079 559431 356681 241060 10517 9082 0 0 0 0 20185 24356 6142646 1043656 5172957 5098990 0 0 0 0 1000 6571352 6543198 106928 112085 5179 8163 437303 464672 27599 6994 577009 591914 X 5156185 5043235 838158 908049 5994343 5951284 6571352 6543198 X -46137 3078 X false true X true false X 1015084 1242707 2818615 1266066 1251534 7594006 0 0 1015084 1242707 2818615 1266066 1251534 7594006 1815410 5778596 14124 13122 13904 21834 6963 69947 0 3940 4122 8062 7672015 684170 0.75320 0.71860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1609109 1609109 4078623 827121 3251502 226657 87569 139088 150157 98278 51879 78100 30688 47412 5098990 Other accrued liabilities 1500 Refundable advances 5394 Renter Security Deposit 100 6994 X 1460478 19263 22091 41354 1419124 1419124 1500537 19263 16013 35276 1465261 1465261 Part X : FIN48 Footnote Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, CounterPULSE is required to report information regarding its exposure to various tax positions taken by the organization 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 CounterPULSE has adequately evaluated its current tax positions and has concluded that as of June 30, 2024, CounterPULSE does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.CounterPULSE 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, respectively. 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. CounterPULSE may periodically receive unrelated business income requiring the organization to file separate tax returns under federal and state statutes. Under such conditions, CounterPULSE calculates and accrues the applicable taxes payable. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Special event expenses $16013 Change in unamortized discount $6078 Part XII, Line 2d: Other expenses and losses per audited F/S Special event expenses $16013 X X X X X X X false CA Gala 24 71618 64738 6880 10547 2125 3341 71618 64738 6880 10547 2125 3341 16013 -9133 X Theater and AV equipment 1 69481 FMV X Beverages 1 176 FMV X Auction items 31 6880 FMV false false false Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: Rental Exchange: Throughout the year, CounterPulse provides highly subsidized rehearsal and performance space to over 2,000 artists. All artists who rent the space receive a free publicity package of technical assistance and comprehensive guidance in the art of self-production. CounterPulse keeps its doors open over 100 hours each week, with a typical day beginning at 9 a.m. for rehearsals, continuing with afternoon classes or workshops, and closing at 11 p.m. with a lively post-show discussion following an evening performance. 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, a member of the board of directors, and the executive director. This group of individuals then discusses the contents of the return with the outside tax professional. 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 at least annually. The executive director and all board members are required to disclose (in writing) potential conflicts and any related party affiliations. Loans between the organization and members of management and the board are strictly prohibited. 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 high-level personnel and key 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 download from several websites and by request 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 www.guidestar.org (where they are available for viewing as electronic copies) and are also available upon request from the organization's office in San Francisco, California. Form 990, Part XI, Line 9 Change in discount LT Receivables = $6078 Form 990, Part XI, Line 9 Loss from uncollectible pledge = -$3000 Amended Explanation Subsequent to filing the original tax return, CounterPulse underwent an audit of its June 30, 2024 combined financial statements. Upon conclusion of the examination, the independent accounting firm posted entries and made certain other adjustments which impacted previously reported revenues, expenses, assets, liabilities, and net assets. Accordingly, management determined it was necessary to prepare and file an amended tax return. CAST 80 Turk LLC 80 TURK STREET SAN FRANCISCO CA 94102 611750021 Real Estate CA CounterPulse Related -56512 3550656 false true 0.99000 false false false false false false false false false true false false false true true false false false false CAST 80 Turk LLC j 18000 Actual Amount