Nonprofit · EIN 85-0892059
MID-MARKET FOUNDATION
Tax-exempt · SAN FRANCISCO, CA 94103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $26,681,193 | $30,849,799 | -$4,168,606 | $7,540,093 | $7,612,469 | -$72,376 |
| December 31, 2023 | 990 (amended) | $22,543,637 | $21,719,565 | $824,072 | $3,445,939 | $1,082,560 | $2,363,379 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $23,358,295
- of which government grants
- $22,351,250
- Program service revenue
- $3,322,437
- Investment income
- $461
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $13,560
- Accounting fees
- $34,405
- Occupancy
- $799,977
- Travel
- $10,728
- Program services (functional)
- $29,589,498
- Management and general (functional)
- $1,260,301
Balance sheet and other
- Total assets, start of year
- $3,445,939
- Total assets, end of year
- $7,540,093
- Total liabilities, end of year
- $7,612,469
- Net assets, end of year
- -$72,376
- Net assets without donor restrictions
- -$72,376
- Gross receipts
- $26,681,193
- Employees
- 0
- Volunteers
- 12
- Year formed
- 2020
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sara de la Riva | Chair Trustee or director, Officer | 0.5 | $0 |
| Max Young | Vice Chair Trustee or director, Officer | 0.5 | $0 |
| Andrew Sullivan | Secretary Trustee or director, Officer | 0.5 | $0 |
| Rhiannon Bailard | Treasurer Trustee or director, Officer | 0.5 | $0 |
| Naomi Maisel | Board Member Trustee or director | 0.5 | $0 |
| Donna Hilliard | Board Member Trustee or director | 0.5 | $0 |
| Kate Robinson | Board Member Trustee or director | 0.5 | $0 |
| Allison Robinson | Board Member Trustee or director | 0.5 | $0 |
| Steve Gibson | Executive Dir. Officer | 30 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sara de la Riva | Chair Trustee or director, Officer | 0.5 | $0 |
| Max Young | Vice Chair Trustee or director, Officer | 0.5 | $0 |
| Andrew Sullivan | Secretary Trustee or director, Officer | 0.5 | $0 |
| Rhiannon Bailard | Treasurer Trustee or director, Officer | 0.5 | $0 |
| Naomi Maisel | Board Member Trustee or director | 0.5 | $0 |
| Donna Hilliard | Board Member Trustee or director | 0.5 | $0 |
| Kate Robinson | Board Member Trustee or director | 0.5 | $0 |
| Allison Robinson | Board Member Trustee or director | 0.5 | $0 |
| Steve Gibson | Executive Dir. Officer | 30 | $0 |
Address and contacts
- Address (IRS master file)
- 32 7TH ST, SAN FRANCISCO, CA 94103-1508
- In care of
- % NANCY L WARREN
- Mailing address (990-N for 2020)
- 20 Galli Drive Suite A, Novato CA 94949
- Principal officer (990 for 2024)
- Steve Gibson, 32 7th Street, San Francisco, CA 94103
- Principal officer (990-N for 2020)
- Kelly Salance, 20 Galli Drive Suite A, Novato CA 94949
- Signed the 990
- Fernando Pujals, Executive Director
- Phone
- (562) 243-3389
- Return prepared by
- Iryna AC
California records
California keeps its own records of charities and corporations. Search them by EIN 85-0892059 or by the name MID-MARKET FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
The purposes of the Corporation are charitable and educational, each within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986 (or any corresponding provision(s) of any future United States internal revenue law) and Section 23701d of the California Revenue and Taxation Code (or any corresponding provision(s) of any future California internal revenue law). In the context of these general purposes, the Corporation shall improve the conditions of the public realm of the greater Mid-Market area in San Francisco, CA, and to provide assistance to the poor and disadvantaged in that community.
Program accomplishments
- Community Based Safety Program Continued to provide administration and management to the Community Based Safety Program. Through subcontractor, Urban Alchemy, the organization provided over 200 ambassadors per day to improve the quality of life on 80 block faces from 7:00am to 7:00pm, 7 days a week.Market Street Arts ProgramInvested in diverse artists, art organizations, and creative entrepreneurs to hold spaces in vacant storefronts and public activations while also supporting at-risk, long-standing, and new small businesses and art institutions in the Mid-Market area.Expenses $29,589,498 · revenue $3,322,437
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0892059
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $7,540,093
- Income (IRS master file)
- $26,681,193
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $26,681,193 | $30,849,799 | $7,540,093 | XML |
| 990 | December 2023 | $22,543,637 | $21,719,565 | $3,445,939 | XML |
| 990 | December 2022 | $22,490,205 | $21,934,068 | $4,336,311 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Kelly Salance | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-0892059).
Questions about MID-MARKET FOUNDATION
- What is the EIN of MID-MARKET FOUNDATION?
- The employer identification number (EIN) of MID-MARKET FOUNDATION is 85-0892059.
- Is MID-MARKET FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to MID-MARKET FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MID-MARKET FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MID-MARKET FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MID-MARKET FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MID-MARKET FOUNDATION?
- The 990 for the year ended December 31, 2024 names Steve Gibson.
- Who are the officers and directors of MID-MARKET FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does MID-MARKET FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $26,681,193, expenses of $30,849,799 and total assets of $7,540,093 at year end.
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All nonprofits in SAN FRANCISCO · California · Community improvement and capacity building