2026-04-23T16:59:11-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 333 BUSH STREET STE 1000 SAN FRANCISCO CA 94104 990 2024-07-01 814053105 THE YERBA BUENA GARDENS CONSERVANCY YERB 4156513684 750 HOWARD STREET SAN FRANCISCO CA 94103 SUBHAJEET SEVE GHOSE EXECUTIVE DIRECTOR 4156513684 2026-04-23 1 0 MICHAEL LUMSDEN P01262236 4159561500 2026-04-23 2024 2025-03-06 01:10:19Z SUBHAJEET SEVE GHOSE 750 HOWARD STREET SAN FRANCISCO CA 94103 10060079 0 X WWW.YERBABUENAGARDENS.ORG X 2016 CA TO OPERATE AND MANAGE YERBA BUENA GARDENS ON BEHALF OF THE CITY AND COUNTY OF SAN FRANCISCO. 14 14 15 15 0 0 7754148 7647313 3681016 2115757 248962 160410 147882 136599 11832008 10060079 1896500 2220009 0 0 2192179 2327350 0 0 0 6680990 6826932 10769669 11374291 1062339 -1314212 145845657 140726584 1031068 813642 144814589 139912942 X TO PROVIDE ARTS, CULTURE, RECREATION, AND NATURE IN BEAUTIFUL, ACCESSIBLE, WELCOMING SPACES FOR EVERYONE THROUGH STEWARDSHIP AND COLLABORATION. 0 0 10463898 2220009 2115757 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. 10463898 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 17 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X SUBHAJEET SEVE GHOSE 4156513684 750 HOWARD STREET SAN FRANCISCO CA 94103 KEN BUKOWSKI CHAIR 1.00 X X 0 0 0 CAROL TANG VICE CHAIR (THROUGH 10/2024) 1.00 X X 0 0 0 LAWRENCE LI SECRETARY/VICE CHAIR (START 10/2024) 1.00 X X 0 0 0 DAVID MCKENZIE TREASURER 1.00 X X 0 0 0 SARAH DENNIS-PHILLIPS 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 LINDA LUCERO DIRECTOR 1.00 X 0 0 0 ANDRICO PENICK DIRECTOR 1.00 X 0 0 0 RAQUEL REDONDIEZ DIRECTOR 1.00 X 0 0 0 RALPH REMINGTON DIRECTOR 1.00 X 0 0 0 JORGE RIVAS DIRECTOR 1.00 X 0 0 0 GAYLE ROMASANTA DIRECTOR 1.00 X 0 0 0 SCOTT ROWITZ DIRECTOR 1.00 X 0 0 0 VICTOR VAZQUEZ DIRECTOR 1.00 X 0 0 0 SEVE GHOSE EXECUTIVE DIRECTOR 40.00 X 207611 0 39333 BRIANA MAUGHAN GENERAL MANAGER, YB GARDENS 40.00 X 156733 0 15261 ANDREW GILLESPIE CHIEF ENGINEER 40.00 X 172356 0 61549 LEOPOLDO DIAZ STATIONARY ENGINEER 40.00 X 134914 0 58853 ANTONIO MELLADO STATIONARY ENGINEER 40.00 X 133080 0 58040 ANGELO FERRERAS CAPITAL PROGRAM MANAGER 40.00 X 130440 0 19414 ANTHONY PELLEGRINI CAPITAL AND OPERATIONS DIRECTOR 40.00 X 110761 0 25400 1045895 0 277850 8 0 1 0 GARDENERS' GUILD 2780 GOODRICK AVENUE RICHMOND CA 94801 LANDSCAPING SERVICES 974540 MARINA SECURITY SERVICES 465 CALIFORNIA STREET 626 SAN FRANCISCO CA 94104 SECURITY SERVICES 923468 METRO SERVICE GROUP 9000 CROW CANYON RD SUITE S-329 DANVILLE CA 94506 JANITORIAL SERVICES 527856 RAINBOW WATERPROOFING & RESTORATION CO 600 TREAT AVENUE SAN FRANCISCO CA 94110 CONSTRUCTION SERVICES 290435 AMERICAN EMPIRE BUILDING SERVICES 440 BRYANT STREET SAN FRANCISCO CA 94107 JANITORIAL SERVICES 251486 9 7603196 44117 3870 7647313 YERBA BUENA GARDENS RENTAL REV 532000 1268416 1268416 EVENT REVENUE 713990 847341 847341 2115757 160410 160410 MISCELLANEOUS REVENUE 900099 81099 81099 SETTLEMENT PROCEEDS 900099 55500 55500 136599 10060079 2115757 0 297009 X 2220009 2220009 437769 171994 265775 1266031 962986 303045 170211 119235 50976 274903 202447 72456 178436 119803 58633 44714 44714 106741 77241 29500 3034346 3033441 905 103446 103446 13357 10000 3357 88763 77064 11699 512354 512354 6026 4511 1515 6713 5026 1687 4 4 44856 33582 11274 573381 573381 CAPITAL EXPENDITURES 1741081 1741081 MAINTENANCE & REPAIRS 325889 325889 BAD DEBT EXPENSES 79236 79236 CAROUSEL EXPENSES 65137 65137 80888 60557 20331 11374291 10463898 910393 0 1656960 1221629 6121313 5942359 1258118 0 2974412 2826543 30970 358274 396843 77244 149855 319599 133654029 130058180 145845657 140726584 1019547 809201 11521 4441 1031068 813642 X 10223451 10167357 134591138 129745585 144814589 139912942 145845657 140726584 -1314212 -3587435 0 X 0 1 X 1 1 1 X 6231372 6261900 9776226 7754148 7647313 37670959 6231372 6261900 9776226 7754148 7647313 37670959 37670959 4891 18438 144209 248962 160410 576910 119605 110305 147882 136599 514391 38762260 10330951 0.97180 0.98100 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2020 AMOUNT: $ 119,605. 2021 AMOUNT: $ 110,305. SETTLEMENT PROCEEDS - 2023 AMOUNT: $ 140,897. 2024 AMOUNT: $ 55,500. MISCELLANEOUS REVENUE - 2023 AMOUNT: $ 6,985. 2024 AMOUNT: $ 81,099. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 291544 39138 252406 93674 36362 57312 11625 1744 9881 319599 DUE FROM CITY OF SAN FRANCISCO 312595 CONTRIBUTED RIGHT-OF-USE ASSET 129745585 130058180 X 10060079 0 10060079 0 10060079 14961726 3587435 3587435 11374291 0 11374291 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 IT 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 EVALUATIONS ON JUNE 30, 2025 AND 2024, 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) 745368 0 TO SUPPORT PROGRAMS NURTURING CREATIVITY AND COLLABORATION IN CHILDREN AND FAMILIES YERBA BUENA ARTS & EVENTS DBA YERBA BUENA GARDENS FESTIVAL 760 HOWARD STREET SAN FRANCISCO CA 94103 943368964 501(C)(3) 96500 0 TO SUPPORT PROGRAMS GENERATING PERFORMING ARTS PROGRAMS NORTHERN CALIFORNIA DR MARTIN LUTHER KING JR COMMUNITY FOUNDATION 3450 SACRAMENTO ST 401 SAN FRANCISCO CA 94118 463584726 501(C)(3) 8000 0 TO SUPPORT MARTIN LUTHER KING DAY IN THE GARDENS 4 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 OCCASION 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 SEVE GHOSE EXECUTIVE DIRECTOR 207611 0 0 0 0 0 11105 0 28228 0 246944 0 0 0 ANDREW GILLESPIE CHIEF ENGINEER 172356 0 0 0 0 0 31639 0 29910 0 233905 0 0 0 LEOPOLDO DIAZ STATIONARY ENGINEER 134914 0 0 0 0 0 30183 0 28670 0 193767 0 0 0 ANTONIO MELLADO STATIONARY ENGINEER 133080 0 0 0 0 0 28130 0 29910 0 191120 0 0 0 BRIANA MAUGHAN GENERAL MANAGER, YB GARDENS 156733 0 0 0 0 0 7837 0 7424 0 171994 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 TRANSACTIONS 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 15 COMPENSATION FOR THE EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY MEMBERS OF THE BOARD OF DIRECTORS, WHO UTILIZE 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 SECURITY SERVICES: PROGRAM SERVICE EXPENSES 974,287. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 974,287. LANDSCAPE SERVICES: PROGRAM SERVICE EXPENSES 786,175. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 786,175. JANITORIAL SERVICES: PROGRAM SERVICE EXPENSES 718,048. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 718,048. OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 280,532. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 280,532. EVENT CONSULTANTS: PROGRAM SERVICE EXPENSES 130,961. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 130,961. GENERAL/OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 96,360. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 96,360. ELEVATOR SERVICES: PROGRAM SERVICE EXPENSES 44,944. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,944. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 1,850. MANAGEMENT AND GENERAL EXPENSES 905. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,755. HVAC SERVICES: PROGRAM SERVICE EXPENSES 284. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 284.