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Nonprofit · EIN 46-1897606

COMMUNITY ARTS STABILIZATION

Also known as COMMUNITY ART STABILIZATION TRUST

Tax-exempt · SAN FRANCISCO, CA 94103

Financials

$6.3M$7.2M2023$4M$4.1M2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY ARTS STABILIZATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,960,602$4,119,789-$159,187$31,489,456$3,539,829$27,949,627
December 31, 2023990$6,309,561$7,220,969-$911,408$30,418,865$2,337,015$28,081,850
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,385,024
Program service revenue
$97,761
Investment income
$477,817
Other revenue
$0

Expenses

Grants and similar amounts paid
$697,825
Compensation of officers, directors and key employees
$589,247
Other salaries and wages
$1,297,224
Salaries, compensation and benefits (total)
$2,183,136
Professional fundraising fees
$0
Legal fees
$6,409
Accounting fees
$200,726
Occupancy
$104,129
Depreciation
$1,860
Program services (functional)
$3,110,294
Management and general (functional)
$720,350
Fundraising (functional)
$289,145

Balance sheet and other

Total assets, start of year
$30,418,865
Total assets, end of year
$31,489,456
Total liabilities, end of year
$3,539,829
Net assets, end of year
$27,949,627
Net assets without donor restrictions
$27,526,506
Net assets with donor restrictions
$423,121
Gross receipts
$3,960,602
Employees
18
Volunteers
0
Year formed
2013
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KIYOSHI IKEDACHIEF EXECUTIVE OFFICER
Officer
40$233,192$11,688
JOSHUA SIMONSENIOR ADVISOR
Key employee
40$196,167$30,500
CAROLYN CHOYDIRECTOR OF REAL ESTATE DE
Key employee
40$159,888$23,000
YI ZHONGDIRECTOR OF DESIGN AND CONSTRUCTION
Highest-paid employee
40$133,531$20,000
MATTHEW MCTIREDIRECTOR OF EVENTS AND PRO
Highest-paid employee
40$136,038$2,400
DAVID KEENANDIRECTOR OF SPECIAL PROJECTS
Highest-paid employee
40$116,069$0
SHELLEY TROTTBOARD PRESIDENT
Trustee or director
1$0$0
IMAAN TAGHAVIDIRECTOR
Trustee or director
1$0$0
TIM VAN LOANDIRECTOR
Trustee or director
1$0$0
DEBORAH CULLINANDIRECTOR
Trustee or director
1$0$0
BRADY FORRESTDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
JOSHUA SIMONSENIOR ADVISOR
Key employee
40$194,070$30,000
CAROLYN CHOYDIRECTOR OF REAL ESTATE DE
Officer
40$167,367$22,500
MOY ENGCEO EMERITUS
Officer
40$158,598$27,500
OWEN LEVINDIRECTOR OF FINANCE AND OP
Former
40$131,124$30,000
YI ZHONGREAL ESTATE PROJECT MANAGER
Highest-paid employee
40$130,963$17,500
MATTHEW MCTIREDIRECTOR OF EVENTS AND PROGRAMMING
Highest-paid employee
40$120,590$1,200
CATHERINE NGUYENDIRECTOR OF MARKETING AND COMMUNICATIONS
Highest-paid employee
40$101,159$10,500
KIYOSHI IKEDACHIEF EXECUTIVE OFFICER
Officer
40$55,500$0
TIM VAN LOANDIRECTOR
Trustee or director
1$0$0
IMAAN TAGHAVIDIRECTOR
Trustee or director
1$0$0
SHELLEY TROTTBOARD PRESIDENT
Trustee or director
1$0$0
DEBORAH CULLINANDIRECTOR
Trustee or director
1$0$0
BRADY FORRESTDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
447 MINNA ST FL 4, SAN FRANCISCO, CA 94103-2914
Principal officer (990 for 2024)
KIYOSHI IKEDA, 988 MARKET STREET SUITE 700, SAN FRANCISCO, CA 94102
Signed the 990
KIYOSHI IKEDA, CEO
Phone
(415) 556-9888
Return prepared by
NOVOGRADAC & COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 46-1897606 or by the name COMMUNITY ARTS STABILIZATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO CREATE STABLE PHYSICAL SPACES FOR ARTS AND CULTURAL ORGANIZATIONS TO FACILITATE EQUITABLE URBAN TRANSFORMATION.

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY ART STABILIZATION TRUST CREATES STABLE PHYSICAL SPACES FOR ARTS AND CULTURAL ORGANIZATIONS, PROPERTIES FOR PURCHASE OR MASTER LEASING, AND IMPLEMENTING COMPLEMENTARY INITIATIVES WHICH BUILD KNOWLEDGE AND CAPABILITY OF ARTS ORGANIZATIONS TO MAKE THOUGHTFUL, INFORMED DECISIONS REGARDING REAL ESTATE MATTERS. INITIATIVES INCLUDE THE KEEPING SPACE - OAKLAND PROGRAM WHICH PROVIDES TECHNICAL ASSISTANCE, NETWORKING OPPORTUNITIES, RESEARCH AND LIMITED RE-GRANTING FUNDS SUPPORTING ARTS ORGANIZATIONS' EFFORTS TO FIND, SECURE AND MANAGE LONG-TERM REAL ESTATE PROJECTS.
    Expenses $3,110,294 · grants $697,825 · revenue $575,578

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-1897606
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$31,489,456
Income (IRS master file)
$3,960,602

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,960,602$4,119,789$31,489,456XML
990December 2023$6,309,561$7,220,969$30,418,865XML
990December 2022$1,285,415$4,408,604$33,509,608IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-1897606).

Questions about COMMUNITY ARTS STABILIZATION

What is the EIN of COMMUNITY ARTS STABILIZATION?
The employer identification number (EIN) of COMMUNITY ARTS STABILIZATION is 46-1897606.
Is COMMUNITY ARTS STABILIZATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to COMMUNITY ARTS STABILIZATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY ARTS STABILIZATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COMMUNITY ARTS STABILIZATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMUNITY ARTS STABILIZATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COMMUNITY ARTS STABILIZATION?
The 990 for the year ended December 31, 2024 names KIYOSHI IKEDA.
Who are the officers and directors of COMMUNITY ARTS STABILIZATION?
The 990 for the year ended December 31, 2024 lists 11 people; 6 received compensation from the organization, the highest $233,192 (KIYOSHI IKEDA, CHIEF EXECUTIVE OFFICER).
How much revenue does COMMUNITY ARTS STABILIZATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,960,602, expenses of $4,119,789 and total assets of $31,489,456 at year end.

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