2024-05-09T15:29:47-05:00 2023-06-30 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2022-07-01 814053105 THE YERBA BUENA GARDENS CONSERVANCY YERB 4156513684 750 HOWARD STREET SAN FRANCISCO CA 94103 SUBHAJEET SEVE GHOSE EXECUTIVE DIRECTOR 4156513684 2024-05-09 1 SUBHAJEET SEVE GHOSE 999009999 0 MICHAEL LUMSDEN P01262236 4159561500 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SUBHAJEET SEVE GHOSE 750 HOWARD STREET SAN FRANCISCO CA 94103 11944533 0 X WWW.YERBABUENAGARDENS.COM X 2016 CA TO OPERATE AND MANAGE YERBA BUENA GARDENS ON BEHALF OF THE CITY AND COUNTY OF SAN FRANCISCO. 13 12 10 14 0 0 6261900 9776226 1440398 2024098 18438 144209 110305 0 7831041 11944533 0 1850000 0 0 1593090 1603789 5000 0 0 5230201 6373269 6828291 9827058 1002750 2117475 149949782 149539288 1140133 2199601 148809649 147339687 X WE PROVIDE ARTS, CULTURE, RECREATION, AND NATURE IN BEAUTIFUL, ACCESSIBLE, WELCOMING SPACES FOR EVERYONE THROUGH STEWARDSHIP AND COLLABORATION. 0 0 8620042 1850000 2024098 YERBA BUENA GARDENS CONSERVANCY (THE "CONSERVANCY") IS A CIVIC NONPROFIT ORGANIZATION ESTABLISHED TO PROGRAM, OPERATE, MAINTAIN, AND IMPROVE THE PUBLICLY-OWNED THREE CITY BLOCKS OF YERBA BUENA GARDENS ON BEHALF OF THE RESIDENTS AND VISITORS OF THE CITY AND COUNTY OF SAN FRANCISCO. LOCATED IN CENTRAL SAN FRANCISCO, THE YERBA BUENA GARDENS ARE A TREASURED CULTURAL ASSET VISITED BY OVER 5 MILLION PEOPLE ANNUALLY.CONSISTENT WITH THE CITY OF SAN FRANCISCO'S VISION, THE YERBA BUENA GARDENS IS A SELF-FINANCING ENTITY, WHERE SURROUNDING DEVELOPMENTS AND RETAIL LEASES FINANCIALLY SUPPORT THE OPERATION AND MAINTENANCE OF ITS PUBLIC PARK AND CULTURAL FACILITIES. DONATIONS TO THE CONSERVANCY KEEP THE PARK SAFE, CLEAN, AND WELCOMING FOR ALL TO ENJOY AND SUPPORT CAPITAL IMPROVEMENTS. 8620042 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X SUBHAJEET SEVE GHOSE 4156513621 750 HOWARD STREET SAN FRANCISCO CA 94103 SCOTT ROWITZ EXEC DIR THROUGH 12/2022 / DIRECTOR START 1/2023 40.00 X X 193346 0 35954 CATHY MAUPIN CHAIR THROUGH 7/2022 1.00 X X 0 0 0 KEN BUKOWSKI CHAIR START 7/2022 1.00 X X 0 0 0 CAROL TANG VICE CHAIR 1.00 X X 0 0 0 DAVID MCKENZIE SECRETARY AND TREASURER 1.00 X X 0 0 0 SARA FENSKE BAHAT DIRECTOR 1.00 X 0 0 0 JOHN ELBERLING DIRECTOR 1.00 X 0 0 0 KATE FAUST DIRECTOR 1.00 X 0 0 0 AARON GRIZZELL DIRECTOR 1.00 X 0 0 0 SEAN JEFFRIES DIRECTOR 1.00 X 0 0 0 LAWRENCE LI DIRECTOR 1.00 X 0 0 0 ANDRICO PENICK DIRECTOR 1.00 X 0 0 0 RALPH REMINGTON DIRECTOR 1.00 X 0 0 0 JOAQUIN TORRES DIRECTOR 1.00 X 0 0 0 SUBHAJEET SEVE GHOSE EXECUTIVE DIRECTOR START 1/2023 40.00 X 0 0 0 ANDREW GILLESPIE CHIEF ENGINEER 40.00 X 160290 0 55189 LEOPOLDO DIAZ STATIONARY ENGINEER 40.00 X 122436 0 53538 BRIANA MARIE MAUGHAN GENERAL MANAGER, YB GARDENS 40.00 X 127163 0 12928 JILL LINWOOD ADMINISTRATIVE MANAGER 40.00 X 112627 0 5626 ANTHONY PELLEGRINI DIRECTOR OF CAPITAL AND OPERATIONS 40.00 X 105300 0 27649 821162 0 190884 6 0 1 0 EPIC SECURITY WORKS 1325 HOWARD AVE 333 BURLINGAME CA 94010 SECURITY SERVICES 508292 GARDENERS' GUILD INC 2780 GOODRICK AVE RICHMOND CA 94801 LANDSCAPE SERVICES 337282 ABLE BUILDING MAINTENANCE 868 FOLSOM STREET SAN FRANCISCO CA 94103 JANITORIAL SERVICES 266099 IN & OUT PLUMBING AND CONSTRUCTION 184 HARBOR WAY SOUTH SAN FRANCISCO CA 94080 PLUMBING CONTRACTOR 168715 KONE INC PO BOX 102425 PASADENA CA 91189 ELEVATOR SERVICING / REPAIRS 118082 5 9582896 193330 48 9776226 YERBA BUENA GARDENS RENTAL REV 532000 1565204 1565204 EVENT REVENUE 713990 442860 442860 OTHER OPERATING REVENUE 561000 16034 16034 2024098 144209 144209 11944533 2024098 0 144209 X 1850000 1850000 213581 141130 72451 997342 642125 355217 21499 16721 4778 282666 219848 62818 88701 68988 19713 39512 39512 93060 72425 20635 1767055 1766644 411 25405 25405 12511 12412 99 44729 44490 239 666446 665842 604 1829 1829 4185 4185 7253 7253 119391 119391 CAPITAL EXPENDITURES 2699533 2699533 MAINTENANCE & REPAIRS 168449 168449 MINOR EQUIPMENT 33602 33602 MEETING HOSPITALITY 8089 8000 89 682220 19511 662709 9827058 8620042 1207016 0 3225698 250000 4609379 8024430 0 1739044 1378579 2217699 9401 15307 139024 7253 24252 131771 140702473 137161037 149949782 149539288 336094 1773459 804039 426142 1140133 2199601 X 8268407 8472489 140541242 138867198 148809649 147339687 149949782 149539288 2117475 -3587437 0 X 0 1 X 1 1 1 X 18237744 6231372 6261900 9776226 40507242 18237744 6231372 6261900 9776226 40507242 40507242 141385 4891 18438 144209 308923 119605 110305 229910 41046075 6159660 0.98690 0.98730 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2020 AMOUNT: $ 119,605. 2021 AMOUNT: $ 110,305. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 76944 4782 72162 62080 2471 59609 131771 DUE FROM CITY OF SAN FRANCISCO 239626 CONTRIBUTED RIGHT OF USE ASSET 136920455 DEPOSITS 956 137161037 X 11944533 0 11944533 0 11944533 13414495 3587437 3587437 9827058 0 9827058 PART X, LINE 2: THE CONSERVANCY RECOGNIZES A THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN AND REQUIRES THE AFFIRMATIVE EVALUATION THAT IS MORE-LIKELY-THAN-NOT, BASED ON THE TECHNICAL MERITS OF A TAX POSITION, THAT AN ORGANIZATION IS ENTITLED TO ECONOMIC BENEFITS RESULTING FROM TAX POSITIONS TAKEN IN INCOME TAX RETURNS. FOR TAX EXEMPT ENTITIES, FAVORABLE TAX STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, AS EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. IF A TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE CONSERVANCY'S EVALUATION ON JUNE 30, 2023 AND 2022, REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. 1 YERBA BUENA CENTER FOR THE ARTS 701 MISSION STREET SAN FRANCISCO CA 94103 943042571 501(C)(3) 1370000 0 TO SUPPORT PROGRAMS GENERATING ART AND CULTURE CHILDREN'S CREATIVITY MUSEUM 221 FOURTH STREET SAN FRANCISCO CA 94103 943178735 501(C)(3) 480000 0 TO SUPPORT PROGRAMS NURTURING CREATIVITY AND COLLABORATION IN CHILDREN AND FAMILIES 2 0 PART I, LINE 2: THE ORGANIZATION MAINTAINS A CLOSE, CONTINUOUS WORKING RELATIONSHIP WITH THE GRANTEES (AS THE GRANTEES HAVE PHYSICAL PRESENCE WITHIN THE YERBA BUENA GARDENS), WHICH ENSURES GRANT FUNDS ARE USED TO SUPPORT PROGRAMS PROVIDING ARTS AND CULTURE FOR SAN FRANCISCO RESIDENTS. ADDITIONALLY, THE GRANTEES AND THE YERBA BUENA GARDENS CONSERVANCY HAVE OVERLAPPING BOARD MEMBERS/OFFICERS, AND ON OCCASSION YERBA BUENA GARDENS CONSERVANCY WILL RECEIVE REPORTS ON HOW GRANT FUNDS ARE BEING SPENT. X X 0 0 0 0 0 0 0 0 0 SCOTT ROWITZ EXEC DIR THROUGH 12/2022 / DIRECTOR 193346 0 0 0 0 0 10094 0 25860 0 229300 0 0 0 ANDREW GILLESPIE CHIEF ENGINEER 160290 0 0 0 0 0 28377 0 26812 0 215479 0 0 0 LEOPOLDO DIAZ STATIONARY ENGINEER 122436 0 0 0 0 0 26726 0 26812 0 175974 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION DOES NOT HAVE "MEMBERS" BY DEFINITION OF THE BYLAWS; HOWEVER, THE FORM 990 INSTRUCTIONS DEFINE A "MEMBER" AS ANY PERSON (INCLUDING A CORPORATION OR OTHER LEGAL ENTITY) WHO HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE, INCLUDING ELECTING MEMBERS OF THE GOVERNING BODY. AS SUCH, IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS, YERBA BUENA GARDENS CONSERVANCY HAS ONE MEMBER: THE CITY AND COUNTY OF SAN FRANCISCO. FORM 990, PART VI, SECTION A, LINE 7A THE CITY AND COUNTY OF SAN FRANCISCO CAN ELECT UP TO 7 MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE TAX PREPARATION FIRM. MANAGEMENT OF THE ORGANIZATION THEN REVIEWS THE COMPLETED FORM 990 AND FOLLOWS UP WITH THE TAX PREPARATION FIRM TO ANSWER ANY UNRESOLVED QUESTIONS. A COMPLETE COPY OF THE FORM 990 IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL INTERESTED PERSONS (INCLUDING OFFICERS AND BOARD MEMBERS) SHALL MAKE APPROPRIATE DISCLOSURE OF ACTUAL OR POTENTIAL CONFLICTS OF INTEREST TO THE BOARD OR DELEGATED BOARD COMMITTEE: (I) ANNUALLY, THROUGH ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENTS, AND (II) ONGOING THROUGHOUT THE YEAR AT ANY TIME THAT ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARISES. AFTER DISCLOSURE OF ALL MATERIAL FACTS AND ANY FOLLOW-UP DISCUSSION WITH THE INTERESTED PERSON REGARDING A POTENTIAL CONFLICT OF INTEREST, INDEPENDENT MEMBERS OF THE BOARD MAKE A DETERMINATION OF WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS. PRIOR TO VOTING ON A CONTRACT, TRANSACTION, OR MATTER IN WHICH AN ACTUAL CONFLICT OF INTEREST IS FOUND TO EXIST, THE BOARD OR BOARD COMMITTEE: (I) ALLOWS THE INTERESTED PERSON TO MAKE A PRESENTATION ON THE MATTER, AND (II) MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO DETERMINE IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS REASONABLY POSSIBLE UNDER THE CIRCUMSTANCES. APPROVAL OF TRANSACTION WHICH PRESENT AN ACTUAL CONFLICT OF INTEREST REQUIRE A MAJORITY VOTE OF DISINTERESTED DIRECTORS. THE RECORDINGS OF THE PROCEEDINGS ARE DOCUMENTED IN THE BOARD OR BOARD COMMITTEE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR IS SET BY MEMBERS OF THE BOARD OF DIRECTORS, WHO UTILIZES COMPARATIVE COMPENSATION DATA FROM SIMILARLY SITUATED ORGANIZATIONS IN MAKING THEIR DETERMINATION. THIS PROCESS IS CONTEMPORANEOUSLY SUBSTANTIATED VIA MINUTES OF THE BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 6,702. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,702. LANDSCAPE SERVICES: PROGRAM SERVICE EXPENSES 491,772. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 491,772. OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 165,569. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 165,569. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 603,802. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 603,802. JANITORIAL SERVICES: PROGRAM SERVICE EXPENSES 481,862. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 481,862. YERBA BUENA ARTS AND EVENTS SERVICE FEES: PROGRAM SERVICE EXPENSES 15,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,500. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 1,437. MANAGEMENT AND GENERAL EXPENSES 411. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,848.