BETTI ONO FOUNDATION

EIN: 863301756 501(c)(3) Arts, Culture & Humanities

EMERYVILLE, CA

Total Revenue
$143,415
Total Expenses
$634,659
Total Assets
$975,807
Net Assets
$947,021
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Principal Officer
ANYKA HOWARD
Phone
5104735919
Tax Period
2023-01-01 to 2023-12-31

BETTI ONO FOUNDATION, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $143K in total revenue in fiscal year 2023. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $635K exceeded revenue, resulting in a 343% operating deficit.

Mission

"THE BETTI ONO FOUNDATION DESIGNS AND PRODUCES HIGH-IMPACT ARTS, COMMUNITY ENGAGEMENT & CULTURAL DEVELOPMENT INITIATIVES THAT LEVERAGE CULTURAL PRODUCTS AND NETWORKS FOR GOOD. THE BETTI ONO FOUNDATION OPERATIONS ARE HEADQUARTERED IN OAKLAND, CALIFORNIA, AND OUR WORK IS PRODUCED LOCALLY AND NATIONALLY IN OTHER GEOGRAPHIES IN CULTURAL SPACES, THE PUBLIC SPHERE, AND ONLINE. THE MISSION OF BETTI ONO FOUNDATION IS TO BUILD POWER THROUGH CULTURE. OUR VISION AND CREATIVE PRACTICE EMBODY THE BOLD, CURIOUS AND UNAPOLOGETIC SPIRIT OF OUR NAMESAKES: BETTI MABRY DAVIS AND YOKO ONO. WE VALUE ART-MAKING AS A FUNCTION OF ACTIVISM, COMMUNITY TRANSFORMATION, AND CULTURAL RESILIENCE. AS A BLACK WOMEN-LED AND OPERATED ORGANIZATION, WE ARE DEDICATED TO AMPLIFYING THE LIVES AND WORK OF ARTISTS AND COMMUNITIES WHO ARE BLACK, BROWN, IMMIGRANT, INDIGENOUS, AND LGBTQ+."

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $89,735
Program Service Revenue $53,675
Investment Income $5
Other Revenue $0
TOTAL REVENUE $143,415

Expense Breakdown

Grants Paid $0
Salaries & Benefits $355,036
Fundraising Expenses $125,791
Program Expenses $364,044
Other Expenses $279,623
TOTAL EXPENSES $634,659

Year-over-Year Comparison

2023 2022 Change
Revenue $143,415 $1,632,650 -0.9%
Expenses $634,659 $194,385 +2.3%
Net Income $-491,244 $1,438,265 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
3
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$193,948
Total Directors
4
$193,948
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANYKA HOWARD CEO/PRESIDEN 40.00
Officer Director
$193,948 $0 $193,948
KRISTY HAGARES CHAIR, BOARD 1.00
Director
$0 $0 $0
JERMEY LIU TREASURER/CF 1.00
Officer Director
$0 $0 $0
DAVIN THOMPSON SECRETARY, B 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $143,415 $634,659 $975,807 $-491,244
2022 $1,632,650 $194,385 $1,444,760 $1,438,265
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