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509 Cultural Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943095774 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is 509 Cultural Center?

The 509 Cultural Center, situated in San Francisco, California, is a vibrant nonprofit organization dedicated to fostering contemporary art, performing arts, and education within the downtown Tenderloin/6th Street neighborhoods. By amplifying the voices of its diverse artists and residents, the center organizes exhibitions, events, and public art programs. Its educational art galleries showcase new and emerging talent, and it offers an artist in residency program. Despite the temporary closure of Luggage Store Gallery during the recent fiscal year, the center continues to be an active and influential force in the local arts community.


Official website here: www.luggagestoregallery.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

The 509 Cultural Center has achieved a rating of 73%, which is classified as a Two-Star rating. This score reflects strengths in several areas, including a fully independent board and a high program expense ratio of 90.93%, indicating that a significant majority of its funds are allocated towards its programs rather than administrative costs.

However, the organization faces notable limitations in its governance practices. The absence of critical policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy has been highlighted as areas needing improvement. Additionally, the lack of publicly posted board meeting minutes and tax forms on its website raises transparency concerns.

In summary, while the 509 Cultural Center demonstrates strong financial management and program focus, its governance practices are lacking, suggesting a need for enhanced accountability and transparency measures to improve its overall rating and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is 509 Cultural Center legitimate?

509 Cultural Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. 509 Cultural Center 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: $93,515
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.luggagestoregallery.org

What is the mission statement of 509 Cultural Center?

The 509 Cultural Center's mission is centered around organizing contemporary art exhibitions, performing arts events, and providing arts education. The primary objective is to amplify the voices of the diverse artists and residents in the downtown Tenderloin/6th Street neighborhoods. This is achieved through public art programs and an artist in residency program. The organization also operates two educational art galleries, showcasing new and emerging artists and performing arts events. During the fiscal year, the Luggage Store Gallery was temporarily closed.


Official website here: www.luggagestoregallery.org

Who is the CEO of 509 Cultural Center?

Jacqueline Francis is the President of 509 Cultural Center.


Official website here: www.luggagestoregallery.org

What is the revenue of 509 Cultural Center?

509 Cultural Center's revenue in 2022 was $662,841.


Official website here: www.luggagestoregallery.org

Who are the executives of 509 Cultural Center and what are their salaries?

The average compensation at 509 Cultural Center during 2022 was $46,758. There are 2 employees at 509 Cultural Center.


Here are 7 key members and their salaries:


Darryl Smith (Co-Director)
  • Compensation: $62,316
  • Related: $0
  • Other: $0
Laurie J Glaizer (Co-Director)
  • Compensation: $8,333
  • Related: $0
  • Other: $0
Paula Pereira (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Song (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Francis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Looper (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.luggagestoregallery.org

Where can I find the form 990 for 509 Cultural Center?

509 Cultural Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.luggagestoregallery.org

Learn more at the official website: www.luggagestoregallery.org

Mission Statement of 509 Cultural Center

The 509 Cultural Center is dedicated to organizing a variety of art-related activities aimed at amplifying the voices of the diverse artists and residents in the downtown Tenderloin/6th Street neighborhoods. This nonprofit organization undertakes contemporary art exhibitions, performing arts events, arts education, public art programs, and an artist in residency program. Through these initiatives, the 509 Cultural Center provides a platform for new and emerging artists, fostering a vibrant and inclusive arts scene.

Two educational art galleries are operated by the 509 Cultural Center, showcasing exhibitions that feature new talent and emerging artists. These galleries also host performing arts events and public art programs, contributing to the rich cultural tapestry of the community. During the fiscal year in question, the Luggage Store Gallery was temporarily closed, but the center continued its commitment to promoting art and creativity.

In essence, the mission of the 509 Cultural Center is to serve as a catalyst for artistic expression and community engagement. By organizing a diverse range of art-related activities, the center provides opportunities for local artists to showcase their work and for residents to engage with the arts. The 509 Cultural Center's activities are designed to foster a sense of belonging and to celebrate the unique voices and perspectives of the downtown Tenderloin/6th Street neighborhood.

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Impact




July, 2024

The 509 Cultural Center's impact is profound in amplifying the voices of diverse artists and residents in the downtown Tenderloin/6th Street neighborhoods of San Francisco. Through contemporary art exhibitions, performing arts events, arts education, public art programs, and an artist in residency program, the center provides a platform for new and emerging artists to showcase their talents and connect with the community. By operating two educational art galleries and organizing various cultural events, the 509 Cultural Center plays a vital role in enhancing the artistic landscape and fostering creativity in the local community.




This information is meant to be a general summary of 509 Cultural Center. 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.

Revenue
$662,841 (2022)
Expenses
$487,563 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $55
  • Program Service Revenue: $21,413
  • Gross Receipts: $662,841

Assets and Liabilities:

  • Total Assets: $683,130
  • Total Liabilities: $37,667
  • Net Assets: $645,463

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Admissions & Commissions

Revenue

$190

Program Related Sales

Revenue

$21,223

Organization Details

Founding Year

1989

Principal Officer

Jacqueline Francis

Main Address

1007 MARKET STREET, SAN FRANCISCO, CA, 94103

NTEE Category

Code: A20 - Arts

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