Yerba Buena Arts & Events dba Yerba Buena Gardens Festival

EIN: 943368964 501(c)(3) Arts, Culture & Humanities

San Francisco, CA

Total Revenue
$1,736,082
Total Expenses
$2,037,476
Total Assets
$3,445,797
Net Assets
$2,720,286
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CA
Principal Officer
Linda Lucero
Phone
4155431718
Tax Period
2024-01-01 to 2024-12-31

Yerba Buena Arts & Events dba Yerba Buena Gardens Festival, founded in 2000, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $2.0M exceeded revenue, resulting in a 17% operating deficit.

Mission

Yerba Buena Arts & Events/Yerba Buena Gardens Festival is a presenting organization dedicated to enhancing the vitality and quality of life in the parks and open spaces of Yerba Buena Gardens and the San Francisco Bay Area through the curated presentation of free artistic, community and cultural programs. Yerba Buena Gardens Festival presents music, dance, theater, children's & family programs, and cultural events reflecting the rich cultures and creativity of the region. Artistic excellence, inclusion, diversity and innovation are at the heart of our mission. As the only curated arts park fully dedicated to the long-term presentation of free arts and cultural programs, Yerba Buena Gardens has a unique place in the cultural landscape of San Francisco.

Program Service Accomplishments

Program 1
Expenses: $1,237,891

Yerba Buena Gardens Festival The mission of Yerba Buena Arts & Events aka Yerba Buena Gardens Festival is to enhance the vitality and quality of life in the parks and open spaces of Yerba Buena...

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Yerba Buena Gardens Festival The mission of Yerba Buena Arts & Events aka Yerba Buena Gardens Festival is to enhance the vitality and quality of life in the parks and open spaces of Yerba Buena Gardens and San Francisco through the curated presentation of admission-free performing arts and community cultural programs that represent the rich ethnic and cultural diversity of San Francisco and the world beyond. The range of programs includes jazz, roots, world, and classical music; traditional and contemporary dance; theater; poetry; and large-scale cultural celebrations. We also offer an interactive childrens series, and educational programs for adults. Through the six-month Yerba Buena Gardens Festival (May October), San Francisco residents and visitors enjoy many opportunities to gain a greater understanding of diverse art forms and cultural heritages. Commissioning Program Yerba Buena Gardens Festival has a strong commitment to commissioning and presenting new work by composers, theater artists, choreographers, and other performing artists.

Program 2
Expenses: $476,080

Rentals Program Yerba Buena Gardens Festival manages rentals of Yerba Buena Gardens to clients interested in holding a private event in one of the nations most beautiful outdoor parks. Besides the...

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Rentals Program Yerba Buena Gardens Festival manages rentals of Yerba Buena Gardens to clients interested in holding a private event in one of the nations most beautiful outdoor parks. Besides the opportunity to introduce Yerba Buena Gardens and Yerba Buena Gardens Festival to new audiences, the Rentals program is a vital source of earned income that supports the admission-free Yerba Buena Gardens Festival.

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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 (2024)

Revenue Breakdown

Contributions & Grants $351,563
Program Service Revenue $0
Investment Income $127,423
Other Revenue $1,257,096
TOTAL REVENUE $1,736,082

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,091,545
Fundraising Expenses $108,993
Program Expenses $1,713,971
Other Expenses $909,931
TOTAL EXPENSES $2,037,476

Year-over-Year Comparison

2024 2023 Change
Revenue $1,736,082 $2,052,508 -0.2%
Expenses $2,037,476 $1,821,389 +0.1%
Net Income $-301,394 $231,119 -2.3%
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
12
Independent Members
12
Employees
30
Volunteers
15

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
4
$180,016
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Linda Lucero Executive Dir. 40.00
Officer
$152,144 $27,872 $180,016
Steve Cho Event Director 40.00
$131,620 $24,511 $156,131
Cristina Ibarra Managing Director 40.00
$113,000 $14,633 $127,633
Aaron Grizzell President 1.00
Officer Director
$0 $0 $0
Sean Jeffries Treasurer 1.00
Officer Director
$0 $0 $0
Elaine Elinson Secretary 1.00
Officer Director
$0 $0 $0
Elizabeth Gessel Director 1.00
Director
$0 $0 $0
Al Levitt Director 1.00
Director
$0 $0 $0
Sylvia Sherman Director 1.00
Director
$0 $0 $0
David de la Torre Director 1.00
Director
$0 $0 $0
Julie Pollock Director 1.00
Director
$0 $0 $0
Judy Tsang Director 1.00
Director
$0 $0 $0
Chi-Hsin Shao Director 1.00
Director
$0 $0 $0
Thomas Simpson Director 1.00
Director
$0 $0 $0
William Carney Director 1.00
Director
$0 $0 $0
Jennifer Norris Director 1.00
Director
$0 $0 $0
Gino Squadrito Director 1.00
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 $1,736,082 $2,037,476 $3,445,797 $-301,394
2023 $2,052,508 $1,821,389 $3,622,968 $231,119
2022 $2,515,190 $1,683,994 $3,192,148 $831,196
2021 $1,243,495 $1,087,983 $3,064,506 $155,512
2020 $588,186 $771,975 $2,254,125 $-183,789
2019 $1,783,318 $1,360,065 $2,230,518 $423,253
2018 $1,277,269 $1,137,961 $1,755,109 $139,308
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