Overview
What is San Francisco Ballet Endowment Foundation?
The San Francisco Ballet Endowment Foundation, established in 1980, serves as a separate nonprofit organization with a mission to support the San Francisco Ballet Association. Its primary role is to manage and invest endowment funds, providing a stable source of revenue to the association while protecting its investments from market volatility. The foundation has grown significantly over the years through donations and strong investment returns, contributing significantly to the association's financial health. The foundation's ultimate goal is to enable the San Francisco Ballet Association to continue sharing the joy of dance with a wide audience in the community and globally.
Official website here: www.sfballet.org/support-us/ways-to-give
Is San Francisco Ballet Endowment Foundation legitimate?
San Francisco Ballet Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Francisco Ballet Endowment Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $148,723
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,253
For more financial information, click here
Official website here: www.sfballet.org/support-us/ways-to-give
What is the mission statement of San Francisco Ballet Endowment Foundation?
The San Francisco Ballet Endowment Foundation, established in 1980, was created with the purpose of managing funds benefiting the San Francisco Ballet Association. The foundation's primary goal is to provide the association with a stable source of support, shielding its investments from inflation and market volatility. This financial security allows the San Francisco Ballet Association to continue its mission of sharing the joy of dance with a broad audience, both locally and globally, without relying on unpredictable revenue streams. Over the years, the foundation has grown significantly due to strong investment returns and generous donations, becoming an essential part of the association's overall revenue.
Official website here: www.sfballet.org/support-us/ways-to-give
Who is the CEO of San Francisco Ballet Endowment Foundation?
Nancy Kukacka is the President of San Francisco Ballet Endowment Foundation.
Official website here: www.sfballet.org/support-us/ways-to-give
What is the revenue of San Francisco Ballet Endowment Foundation?
San Francisco Ballet Endowment Foundation's revenue in 2022 was -$5,955,633.
Official website here: www.sfballet.org/support-us/ways-to-give
Who are the executives of San Francisco Ballet Endowment Foundation and what are their salaries?
The average compensation at San Francisco Ballet Endowment Foundation during 2022 was $108,659. There are 3 employees and 8 volunteers at San Francisco Ballet Endowment Foundation.
Here are 11 key members and their salaries:
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- Compensation: $39,957
- Related: $159,826
- Other: $25,102
- Compensation: $68,699
- Related: $29,443
- Other: $5,466
- Compensation: $7,006
- Related: $49,043
- Other: $7,646
Official website here: www.sfballet.org/support-us/ways-to-give
Where can I find the form 990 for San Francisco Ballet Endowment Foundation?
San Francisco Ballet Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sfballet.org/support-us/ways-to-give
Learn more at the official website: www.sfballet.org/support-us/ways-to-give
Mission Statement of San Francisco Ballet Endowment Foundation
The San Francisco Ballet Endowment Foundation, established in 1980, was created with the primary purpose of managing and overseeing funds for the benefit of the San Francisco Ballet Association. This separate nonprofit organization has played a significant role in the Association's revenue stream by generating substantial investment returns and contributions, mainly from estates and donors. The Endowment Foundation aims to provide the Association with a reliable source of support, protecting its investments against inflation and market fluctuations. This ensures that the San Francisco Ballet Association can continue its mission of sharing the joy of dance with a wide audience in the community and beyond. By doing so, the Endowment Foundation serves as a crucial backbone, supporting the Association's mission to promote and nurture the art of dance.
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Impact
October, 2024
The San Francisco Ballet Endowment Foundation plays a crucial role in supporting the San Francisco Ballet Association by holding and managing endowment funds that provide a reliable source of financial support. Established in 1980, the foundation has significantly enhanced the Association's revenue stream through strong investment returns and generous contributions from estates and donors.
By safeguarding these funds against inflation and market volatility, the endowment foundation ensures the sustainability of the ballet association's mission to share the joy of dance with audiences locally and globally. This long-term financial stewardship allows the San Francisco Ballet to expand its outreach, enhance its performances, and enrich the cultural fabric of the community. Overall, the foundation's impact is seen in its ability to foster artistic excellence and accessibility in the world of ballet.
This information is meant to be a general summary of San Francisco Ballet Endowment Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$8,289,343
- Gross Receipts: $664,441
Assets and Liabilities:
- Total Assets: $115,604,092
- Total Liabilities: $3,680,845
- Net Assets: $111,923,247
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Organization Details
Founding Year
1980
Phone
(415) 861-5600Principal Officer
Nancy Kukacka
Main Address
455 FRANKLIN STREET, SAN FRANCISCO, CA, 94102
NTEE Category
Code: A020 - Arts
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