2023-05-08T16:00:48-05:00 2022-06-30 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2021-07-01 814053105 THE YERBA BUENA GARDENS CONSERVANCY YERB 4156513684 750 HOWARD STREET SAN FRANCISCO CA 94103 SUBHAJEET SEVE GHOSE EXECUTIVE DIRECTOR 4156513684 2023-05-08 1 SUBHAJEET SEVE GHOSE 999009999 MICHAEL LUMSDEN P01262236 4159561500 2023-05-08 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z SUBHAJEET SEVE GHOSE 750 HOWARD STREET SAN FRANCISCO CA 94103 7831041 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. 14 14 11 14 0 0 6231372 6261900 1069682 1440398 4891 18438 119605 110305 7425550 7831041 0 0 0 0 1301376 1593090 0 5000 5000 8145066 5230201 9446442 6828291 -2020892 1002750 153256761 149949782 1862427 1140133 151394334 148809649 X WE PROVIDE ARTS, CULTURE, RECREATION, AND NATURE IN BEAUTIFUL, ACCESSIBLE, WELCOMING SPACES FOR EVERYONE THROUGH STEWARDSHIP AND COLLABORATION. 0 0 6066539 0 1440398 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. 6066539 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 11 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 0 0 CA X SUBHAJEET SEVE GHOSE 4156513621 750 HOWARD STREET SAN FRANCISCO CA 94103 CATHY MAUPIN CHAIR 1.00 X X 0 0 0 DEBORAH CULLINAN VICE CHAIR 1.00 X X 0 0 0 KEN BUKOWSKI TREASURER 1.00 X X 0 0 0 CAROL TANG SECRETARY 1.00 X X 0 0 0 ANNA VAN DEGNA 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 DAVID MCKENZIE 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 SCOTT ROWITZ EXECUTIVE DIRECTOR 40.00 X 189933 0 35798 BRIANA MAUGHAN GENERAL MANAGER 40.00 X 114000 0 6585 303933 0 42383 2 0 1 0 COX CASTLE & NICHOLSON 2029 CENTURY PARK EAST SUITE 2100 LOS ANGELES CA 90067 LEGAL SERVICES 119337 1 6035246 226654 99 6261900 YERBA BUENA GARDENS RENTAL REV 532000 1193770 1193770 EVENT REVENUE 713990 147235 147235 OTHER OPERATING REVENUE 561000 99393 99393 1440398 18438 18438 INSURANCE PROCEEDS 524298 110305 110305 110305 7831041 1440398 0 128743 X 225732 150963 74769 861725 556620 305105 30780 24314 6466 355829 281075 74754 119024 94019 25005 36717 25304 11413 89059 89059 5000 5000 3596506 3583756 12750 8090 4243 3847 32157 27688 4469 33306 32078 1228 325821 297025 28796 6 6 995 995 115649 115649 CAPITALIZED EXPENDITURE 788332 788332 MAINTENANCE & REPAIRS 72718 72718 MINOR EQUIPMENT 31102 29921 1181 SUBSCRIPTIONS & DUES 1114 60 1054 98629 97428 1201 6828291 6066539 756752 5000 753823 3225698 7356021 4609379 857883 1378579 11403 9401 24252 0 0 24252 144277631 140702473 153256761 149949782 824004 336094 781184 804039 257239 0 1862427 1140133 X 7299009 8268407 144095325 140541242 151394334 148809649 153256761 149949782 1002750 -3587435 0 X 0 1 X 1 1 1 X 18237744 6231372 6261900 30731016 18237744 6231372 6261900 30731016 30731016 141385 4891 18438 164714 119605 110305 229910 31125640 4135562 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 24252 24252 24252 DUE FROM CITY OF SAN FRANCISCO 193627 CONTRIBUTED RIGHT OF USE ASSET 140507890 DEPOSITS 956 140702473 X 7831041 0 7831041 0 7831041 10415726 3587435 3587435 6828291 0 6828291 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 COUNT 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, 2022 AND 2021, REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. X X 0 0 0 0 0 0 0 0 0 SCOTT ROWITZ EXECUTIVE DIRECTOR 189933 0 0 0 0 0 9938 0 25860 0 225731 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 14,578. MANAGEMENT AND GENERAL EXPENSES 12,750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,328. LANDSCAPE SERVICES: PROGRAM SERVICE EXPENSES 345,839. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 345,839. OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 228,698. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 228,698. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 520,170. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 520,170. YERBA BUENA CENTER FOR THE ARTS SERVICE FEES: PROGRAM SERVICE EXPENSES 1,831,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,831,500. YERBA BUENA CHILDREN'S CREATIVITY MUSEUM SERVICE FEES: PROGRAM SERVICE EXPENSES 330,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 330,000. JANITORIAL SERVICES: PROGRAM SERVICE EXPENSES 271,721. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 271,721. YERBA BUENA ARTS AND EVENTS SERVICE FEES: PROGRAM SERVICE EXPENSES 41,250. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,250.