Folsom Street

EIN: 943019867 501(c)(3)

San Francisco, CA

Total Revenue
$689,784
Total Expenses
$839,349
Total Assets
$16,717
Net Assets
$-554,443
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
CA
Phone
4155523247
Tax Period
2023-07-01 to 2024-06-30

Folsom Street, founded in 1984, is a small nonprofit that reported $690K in total revenue in fiscal year 2023. Expenses of $839K exceeded revenue, resulting in a 22% operating deficit.

Mission

Folsom Street is a 501c3 non-profit arts and culture organization that produces iconic events that benefit our whole community. Our events and community center feature emerging and marginalized artists and create spaces and audiences for unique art and performance. We cultivate a safe, open, and inclusive environment for the kink, leather, and alternative sexuality communities while centering equity for BIPOC and LGBTQA2I+ people. We are rooted historically in the fight against gentrification and displacement here in San Francisco, on unceded Ohlone land, and worldwide. We unite, strengthen, and affirm the community through support, resources, education, advocacy, visibility, and celebration. We are dedicated to sexual liberation and the human right to pleasure as a crucial part of the liberation movement.

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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 $556,794
Program Service Revenue $132,990
Investment Income $0
Other Revenue $0
TOTAL REVENUE $689,784

Expense Breakdown

Grants Paid $0
Salaries & Benefits $144,508
Fundraising Expenses $16,218
Program Expenses $705,944
Other Expenses $694,841
TOTAL EXPENSES $839,349

Year-over-Year Comparison

2023 2022 Change
Revenue $689,784 $702,901 0.0%
Expenses $839,349 $779,599 +0.1%
Net Income $-149,565 $-76,698 +1.0%
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
10
Independent Members
9
Employees
3
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
1
$70,269
Total Directors
10
$70,269
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angel Adeyoha Executive Dir. 40.00
Officer Director
$70,269 $0 $70,269
Matt Milton President 3.00
Director
$0 $0 $0
Chave Alexander President 5.00
Director
$0 $0 $0
Fawks Gilic Director 3.00
Director
$0 $0 $0
Shay Tiziano Director 3.00
Director
$0 $0 $0
Mocha Macabenta Director 5.00
Director
$0 $0 $0
Brian Kent Treasurer 5.00
Director
$0 $0 $0
Ffix Ruckus Secretary 5.00
Director
$0 $0 $0
Rogelio Ruckus Director 5.00
Director
$0 $0 $0
Michele Horn Davis Director 3.00
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 $689,784 $839,349 $16,717 $-149,565
2023 $702,901 $779,599 $107,000 $-76,698
2022 $460,065 $402,624 $221,916 $57,441
2020 $215,179 $440,683 $97,859 $-225,504
2019 $1,307,332 $1,300,355 $176,427 $6,977
2018 $1,320,933 $1,434,557 $214,053 $-113,624
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