2024-07-17T13:44:14-07:00 2023-12-31 680260103 REGALIA & ASSOCIATES CPAS 103 TOWN COUNTRY DR STE K DANVILLE CA 94526 990 2023-01-01 550830529 Museum of Craft and Design MUSE 4157730303 2569 Third Street San Francisco CA 94107 Nora Atkinson Exec Director 4157730303 2024-07-17 true Andy Astor 999009999 true Douglas W Regalia P00186389 9253140390 2 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z Neil O'Donnell 2569 Third Street San Francisco CA 94107 2947816 false X www.sfmcd.org X 2003 CA The Museum of Craft and Design (MCD) makes creativity accessible to everyone. Through inspired exhibitions and experiential programs, MCD explores the creative process and current perspectives in craft and design. 12 12 30 55 0 2557653 2570930 99142 61759 -19677 214805 274929 -87999 2912047 2759495 0 0 1501837 1463981 0 266293 1526408 1247004 3028245 2710985 -116198 48510 7590748 7813397 779058 550584 6811690 7262813 The Museum of Craft and Design (MCD) makes creativity accessible to everyone. Through inspired exhibitions and experiential programs, MCD explores the creative process and current perspectives in craft and design. false false 1084556 37206 Exhibition: Celebrating 20 years of service to the community, the Museumof Craft and Design (MCD) is San Franciscos only museumdevoted to contemporary craft and design. Founded in 2004,MCD is known for its bold and innovative exhibitions and for itsinspiring MakeArt educational programs for children andfamilies. This is the bedrock of who we are and reflects ourcreative spirit, collaborative nature, and a deep commitment tocommunity engagement. (cont'd on schedule O) 297427 24553 Education: MCDs programs make creativity accessible to everyone,serving some of the most economically and culturally diversecommunities of the Bay Area, including neighborhoods whereover 40% of inhabitants live below the federal poverty level. Tohelp address increasing income-inequality in the Bay Area andprovide arts for all regardless of income level, MCDs freeMobile MakeArt program cultivates creative communitypartnerships across San Francisco. (cont'd on schedule O) 145903 -92865 Museum Store: Voted the Best Museum Store in San Francisco by SanFrancisco Magazine, MCDs exquisite store features athoughtfully curated selection of contemporary craft anddesign objects, as well as one-of-a-kind items including artjewelry, craft and design publications, toys, ceramics, glassand branded products. The MCD store creates the opportunityfor visitors to extend their museum experience, offering someof the best examples of contemporary craft and design itemssourced from local, national and international makers anddesigners, with a focus on local creatives. 1527886 true true false false false false false false false true true false false false true true true false false false false false false false true false false false false true false false false false false false false false true true false false false false false false false true 25 0 true 30 true false false false false false true true false 0 false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false CA X X Clarissa Kalman 4157730303 2569 Third Street San Francisco CA 94107 JoAnn Edwards Executive Dir. 40.00 0.00 X 265135 0 10605 Sarah Kermensky Development Dir 40.00 0.00 125250 0 12887 Clarissa Kalman Finance Director 40.00 0.00 106667 0 4267 Neil O'Donnell Board Chair 5.00 0.00 X X 0 0 0 Babette Pinsky Vice President 5.00 0.00 X X 0 0 0 Andy Astor Treasurer 5.00 0.00 X X 0 0 0 Peggy Dalal Secretary 5.00 0.00 X X 0 0 0 Robin Azevedo Director 3.00 0.00 X 0 0 0 Kelly Koski Director 3.00 0.00 X 0 0 0 Emily Meyer Director 3.00 0.00 X 0 0 0 Joy Ou Director 3.00 0.00 X 0 0 0 Michon Pinnix Director 3.00 0.00 X 0 0 0 Shujan Bertrand Director 3.00 0.00 X 0 0 0 Jason Kelly Johnson Director 3.00 0.00 X 0 0 0 Gretchen Wustrack Director 3.00 0.00 X 0 0 0 Nora Atkinson Executive Dir. 0.00 0.00 X 0 0 0 497052 27759 3 false true false 0 98037 224122 2248771 119723 2570930 Admission & exhibit rent 712110 37206 37206 Other income 712110 1182 1182 Public Programs 712110 23371 23371 61759 214805 214805 0 0 0 0 4866 98037 4866 0 95456 188321 -92865 -92865 0 2759495 -31106 214805 0 0 0 0 271014 130087 62333 78594 0 983028 561530 294821 126677 38325 38325 76456 33084 36137 7235 95158 60129 27432 7597 0 5100 5100 17730 17730 0 0 34783 34783 69690 23253 28896 17541 67955 7947 54666 5342 147927 6698 140897 332 0 0 355338 253416 92818 9104 42958 4449 36502 2007 0 0 0 0 233908 194144 30408 9356 14869 11028 3841 Exhbition costs 199007 199007 Education 40974 40974 Dues, licenses, services fees 16765 2140 12117 2508 0 2710985 1527886 916806 266293 963269 1563918 0 0 545158 214901 0 0 0 87221 75367 86097 119918 903947 578305 515885 325642 4834183 5286992 0 0 0 558935 226659 7590748 7813397 199460 263340 579598 287244 779058 550584 X 3717519 4144480 3094171 3118333 6811690 7262813 7590748 7813397 X 48510 385758 6620 10235 X X false true X true false X 2781971 3125634 2162799 2557653 2570930 13198987 0 0 2781971 3125634 2162799 2557653 2570930 13198987 6217844 6981143 66978 14020 139764 -19677 214805 415890 0 0 13614877 1265786 0.51280 0.46330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2500000 136653 136653 2500000 2500000 74012 74012 2500000 2500000 79682 79682 2500000 2500000 80513 80513 2500000 2500000 493929 493929 2500000 false false false 697219 482870 214349 138293 65460 72833 68435 29975 38460 325642 Lease payable 287244 287244 X 3315646 385758 6620 198556 590934 2724712 34783 34783 2759495 2864523 188321 188321 2676202 34783 34783 2710985 Part V, Line 4: Intended uses of the endowment fund. The Endowment Fund of $2,500,000 at December 31, 2023 represents a donor endowment which is subject to restrictions of gift instruments requiring that the principal balances be maintained in perpetuity. By law, the Museum is permitted to transfer all investment income to net assets without donor restrictions. During the year ended December 31, 2023, the Museum utilized all investment earnings generated by assets classified as net assets with donor restrictions perpetual in nature.The Board of Directors has interpreted the Uniform Prudent Management of Institutional Funds Act (UPMIFA) as requiring the preservation of the fair value of the original gift as of the date of the donor-restricted endowment fund, unless there are explicit donor stipulations to the contrary.The Museum retains in perpetuity (a) the original value of the initial and subsequent gift amounts donated to the endowment and (b) any accumulations to the endowment made in accordance with the direction of the applicable donor gift instrument at the time the accumulation is added. Donor-restricted amounts not retained in perpetuity are subject to appropriation for expenditure by the Museum in a manner consistent with the standard of prudence prescribed by UPMIFA. Part X : FIN48 Footnote Income Taxes The Museum is organized as California nonprofit corporation and has been recognized by the IRS as exempt from federal income taxes under IRC Section 501(a) as organizations described in IRC Section 501(c)(3), qualify for the charitable contribution deduction under IRC Sections 170(b)(1)(A)(vi) and (viii), and has been determined not to be private foundations under IRC Sections 509(a)(1) and (3), respectively. The Museum is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. The Museum is not required to file an Exempt Organization Business Income Tax Return (Form 990-T) because it had no unrelated business taxable income for the year ended December 31, 2023. The Museum 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. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that The Museum continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 COGS $188321 Change in value of pledges receivable $10235 Part XII, Line 2d: Other expenses and losses per audited F/S COGS $188321 X X X X X false Exhibit 102903 98037 4866 102903 98037 4866 4866 X X X X false false false false false false false false false JoAnn Edwards Executive Dir. 265135 10605 275740 X 27 77201 FMV X 1 42522 FMV false false false Form 990, Part VI, Section A, Line 1a In accordance with common practice in the nonprofit community, the Board delegates certain matters to The Executive Committee, which is empowered to act between board meetings if necessary, and sometimes with specifically delegated authority to act in particular areas on behalf of the full board. The composition of executive committee includes Board members. Form 990, Part VI, Section B, Line 11b Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. 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 authorizes the final form 990 which is then e-filed with the internal revenue service. Form 990, Part VI, Section B, Line 12c Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. 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, Section B, Line 15a 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, Section B, Line 15b Compensation of other personnel and highly compensated employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files. Form 990, Part VI, Section C, Line 19 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 our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office. Form 990, Part XI, Line 9 Chnage in value of pledges receivable = $10235 Form 990, Part XII, Line 2c Under the California Nonprofit Integrity Act, an exempt organization with annual revenue of $2 million or more is required to have an Audit Committee to select an audit Firm, review the audit, and approve the audit of its annual financial statements. Exhibits (cont'd) As a non-collecting institution, MCD is considered a culturalhub of exhibition and educational spaces and activelycollaborates with artists, designers, museums and universities,as well as design venues and practitioners to create spiriteddiscussion and an experiential understanding of creativeexpression for visitors of all ages. Programs In addition to contributing hands-on creative opportunities to the themes of various area fairs, festivals and events, MCD Mobile MakeArt program cultivates creative community partnerships across San Francisco. In addition to contributing hands-on creative opportunities to the themes of various area fairs, festivals and events, MCD Mobile MakeArt supplements public school arts education by bringing exhibition-based, classroom-ready projects to schools and community centers.