2022-09-15T10:52:24-07:00 2021-12-31 680260103 REGALIA & ASSOCIATES CPAS 103 TOWN COUNTRY DR STE K DANVILLE CA 94526 990 2021-01-01 943355076 Independent Arts & Media INDE 4157384975 PO Box 420442 San Francisco CA 94142 Lisa Burger President 4157384975 2022-09-15 true Lisa Burger 999009999 Douglas W Regalia P00186389 9253140390 2 AAL1 IAL1 FAL1 2021 2023-04-26 12:10:37Z Lisa Burger PO Box 420442 San Francisco CA 94142 3963562 false X www.artsandmedia.net X 2000 CA Independent Arts & Media's mission is to steward and empower independent arts and media projects that foster community and civic participation, and facilitate cultural engagement and free expression. 9 7 40 175 -179 3641947 3820848 237245 124577 1700 12227 2650 3151 3883542 3960803 1884930 668362 0 575521 1027616 0 301198 784563 1527458 3245014 3223436 638528 737367 1765650 2559764 75624 104851 1690026 2454913 Independent Arts & Media's mission is to steward and empower independent art and media projects that foster community and civic participation and facilitate cultural engagement and free expression. false false 2762736 668362 127907 IAM offers fiscal sponsorship to projects and producers that advance IAMs charitable purpose as approved by the IRS: to raise and support the educational, cultural, and social levels of, and expand the related opportunities available to, the residents of the San Francisco Bay Area and surrounding regional and national communities, including members of under-served, minority, and low-income communities, through the development of non-commercial projects for the benefit of the general public, including, but not limited to, educational, cultural, community, media, news, and art-related projects.(continued next section) IAM currently supports over 75 affiliates dedicated to non-commercial work in media and the arts, including publishing, theater, dance, music, visual art, film and video, radio, mixed media and transmedia, journalism, history, and public-events production and convening.While most of IAM's Affiliates are in the Bay Area, several are located throughout the United States, including New York, Georgia, Illinois, and Massachusetts. 2762736 true true false false false false false false false false false false false false true true true false false false false false false false false false false true true true false false false false false false false false true false false false false false false false false true 75 0 true 40 true true true false false false false false false 0 false false false false false false false X 9 7 false false false false false false false true true false false true true true true true true true true false CA X X Lisa Burger 4157384975 PO Box 420442 San Francisco CA 94142 Donna Hilliard Project Director 40.00 0.00 162237 0 722 Lisa Burger President 20.00 0.00 X X 60000 0 0 Krystal Beasley Director 10.00 0.00 X 8986 0 0 Benjamin Russell Treasurer 5.00 0.00 X X 0 0 0 Anthony St George Secretary 1.00 0.00 X X 0 0 0 Martin Caplan Director 1.00 0.00 X 0 0 0 Robert Philipson Director 1.00 0.00 X 0 0 0 Ahmad Kakar Director 1.00 0.00 X 0 0 0 Atticus Wolf Director 1.00 0.00 X 0 0 0 Alexandria Wyllie Director 1.00 0.00 X 0 0 0 231223 722 1 false true false Deleano Seymour 1951 Joan Drive San Leandro CA 94578 Fundraising and developme 119089 1 520876 3299972 313096 3820848 Contract fees 711190 90199 90199 Event Ticket Sales 711190 16852 16852 Membership 711190 4902 4902 Other Earned Revenue 711190 12624 12624 124577 12227 12227 0 0 2580 2759 -179 -179 -179 0 0 0 3330 3330 3330 0 3960803 127907 -179 12227 X 601130 601130 67232 67232 0 0 68985 8985 60000 0 873975 699704 21753 152518 0 8176 8176 76480 70814 5666 0 3692 2258 1434 29920 29920 0 0 0 549699 397143 5711 146845 6423 6423 0 31449 27813 3636 0 64784 61143 3641 61691 60464 624 603 0 0 0 0 0 20198 20198 Accessibility and outreach 362396 362396 Supplies and materials 217887 217471 416 Event expenses 178822 178822 Printing and Publications 16300 15521 46 733 -15803 -22759 6457 499 3223436 2762736 159502 301198 97176 93571 1426582 1948889 130967 358913 0 0 0 0 0 21080 33157 0 89845 125234 0 0 0 0 1765650 2559764 759 42113 44943 29922 62738 75624 104851 X 1281291 1859791 408735 595122 1690026 2454913 1765650 2559764 737367 27520 X false true X true false X 603266 684021 1377957 2241947 3820848 8728039 0 0 603266 684021 1377957 2241947 3820848 8728039 175510 8552529 7118 1578 1257 1700 1804 13457 0 0 8741496 920003 0.97840 0.93870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Accrued Payroll 48685 Conditional advance 14053 62738 X 4025198 27520 34116 2759 64395 3960803 3960803 3260311 34116 2759 36875 3223436 3223436 Part X : FIN48 Footnote Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, IAM is required to report information regarding its exposure to various tax positions taken by IAM 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 IAM has adequately evaluated its current tax positions and has concluded that as of December 31, 2021, IAM does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.IAM 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. 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. IAM may periodically receive unrelated business income requiring the organization to file separate tax returns under federal and state statutes. Under such conditions, IAM will calculate, accrue and remit the applicable taxes. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Form 990-T Sublease rental expense $2759 Part XII, Line 2d: Other expenses and losses per audited F/S Form 990-T Sublease rental expense $2759 true Grotto Partners LLC 490 2nd St 200 San Francisco CA 94107 472128152 126384 0 Program Support KidNuz 3697 Mt Diablo Blvd 205 Lafayette CA 94549 364965481 14702 0 Program support Mpowerdance Company 1032 Irving Street 426 San Francisco CA 94122 465490814 20375 0 Program Support PianoFight LLC 144 Taylor St San Francisco CA 94102 263175529 23765 0 Program Support Samobe Inc 2218 21st St Santa Monica CA 90405 464796931 7272 0 Shaping San Francisco 518 Valencia St San Francisco CA 94110 841976118 46808 0 Program Support Small Press Traffic 1111 8th St San Francisco CA 94107 943029180 9501c3 10188 0 Tenderloin Walking Tours 55 Taylor Street San Francisco CA 94102 20000 0 The Atlantic Monthly Grp LLC 600 New Hampshire Ave NW Washington DC 20037 043483736 131088 0 Program Support The Crucible 1260 7th St Oakland CA 94607 522137825 501c3 65340 0 The Frisc 3003 Goodwin Ave Redwood City CA 94061 824841329 30048 0 Program Support TWH Publishing LLC 8004 NW 154 St Num 216 Miami Lakes FL 33014 832265631 14971 0 Program Support We Wield the Hammer PO Box 16088 Oakland CA 94610 853526449 75063 0 2 11 Emergency COVID Support 29 6403 Program Support 25 60829 Grantmaker's Description of How Grants are Used For each grant, IAM requires the grantee to submit a description of how the funds will be spent on their project. Additionally, all grantees are required to submit semi-annual written reports describing the programs conducted by the grantee and all expenditures made with grant funds. IAM verifies that the reports contain sufficient information to establish that all grant funds were used exclusively for the purposes of the project in furtherance of IAM's exempt purpose. X X false false false false false false false false false Donna Hilliard Project Director 162237 722 162959 X 255886 FMV X 2 43235 FMV X Computer equip 4 13975 FMV false false false Form 990, Part VI, Line 11b: Form 990 Review Process FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS THEN REVIEWED BYTHE ORGANIZATION'S MANAGEMENT AND AT LEAST ONE MEMBER OF THE BOARD OF DIRECTORS. 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 OR THE BOARD AUTHORIZES THE FINAL FORM 990 WHICH IS THEN E-FILED WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts 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, Line 15a: Compensation Review & Approval Process - CEO, Top Management 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, Line 15b: Compensation Review and Approval Process for Officers and Key Employees 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, Line 19: Other Organization Documents Publicly Available 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.