2020-09-15T20:39:08-07:00 2019-12-31 680260103 Regalia & Associates CPAs 103 Town Country Dr Ste K Danville CA 94526 990 2019-01-01 943355076 Independent Arts & Media INDE 4157384975 PO Box 420442 San Francisco CA 94142 Lisa Burger President 4157384975 2020-09-15 true Douglas W Regalia P00186389 9253140390 2019 2021-01-29 14:40:06Z Lisa Burger PO Box 420442 San Francisco CA 94142 1525969 false X www.artsandmedia.net X 2000 CA Independent Arts & Media's mission is to steward and empower independent arts and media projects that foster community and civic participation, and facilitate cultural engagement and free expression. 8 7 12 100 -245 -245 684021 1377957 192062 106598 1578 8639 17617 29950 895278 1523144 196626 256726 0 25700 233563 0 36865 475850 590742 698176 1081031 197102 442113 591205 1059723 7041 22326 584164 1037397 Independent Arts & Media's mission is to steward and empower independent art and media projects that foster community and civic participation and facilitate cultural engagement and free expression. false false 942904 136793 IAM offers fiscal sponsorship to projects and producers that advance IAMs charitable purpose as approved by the IRS: to raise and support the educational, cultural, and social levels of, and expand the related opportunities available to, the residents of the San Francisco Bay Area and surrounding regional and national communities, including members of under-served, minority, and low-income communities, through the development of non-commercial projects for the benefit of the general public, including, but not limited to, educational, cultural, community, media, news, and art-related projects.(continued next section) IAM currently supports over 75 affiliates dedicated to non-commercial work in media and the arts, including publishing, theater, dance, music, visual art, film and video, radio, mixed media and transmedia, journalism, history, and public-events production and convening.While most of IAM's Affiliates are in the Bay Area, several are located throughout the United States, including New York, Georgia, Illinois, Colorado, and Massachusetts. 942904 true true false false false false false false false false false false false false true true true false false false false false false false false false false true true false false false false false false false false false true false false false false false false false false true 77 0 true 12 true true true false false false false false false 0 false false false false false false false X 8 7 false false false false false false false true true false false true true true true true true true true false CA X X Lisa Burger 4157384975 PO Box 420442 San Francisco CA 94142 Lisa Burger President 30.00 0.00 X X 29200 0 0 Krystal Beasley Director 5.00 0.00 X 3537 0 0 Benjamin Russell Treasurer 5.00 0.00 X X 0 0 0 Anthony St George Secretary 1.00 0.00 X X 0 0 0 Martin Caplan Director 1.00 0.00 X 0 0 0 Chen Zang Director 1.00 0.00 X 0 0 0 Ahmad Kakar Director 1.00 0.00 X 0 0 0 Atticus Wolf Director 1.00 0.00 X 0 0 0 32737 0 false false false 0 35545 1342412 110506 1377957 Contract fees 711190 80976 80976 Event Ticket Sales 711190 22285 22285 Other Earned Revenue 711190 3337 3337 106598 8639 8639 0 0 2580 2825 -245 -245 -245 0 0 0 30195 30195 30195 0 1523144 136793 -245 8639 X 185871 185871 70855 70855 0 0 29200 29200 0 183963 183963 0 1696 1470 226 18704 15919 2785 0 6179 6179 18579 18579 0 0 0 301034 250555 21660 28819 5591 5316 275 112721 112411 310 9985 7427 2558 13007 13007 33419 27785 5634 54306 47367 1943 4996 0 0 0 0 0 11684 969 10715 Miscellaneous 15543 13292 2251 Dues and subscriptions 6802 2974 3828 Printing and Publications 3685 3453 232 Postage and Shipping 1032 270 195 567 -2825 -2825 1081031 942904 101262 36865 80207 89697 398727 651122 43167 252494 0 0 0 0 0 3373 5689 0 65731 60721 0 0 0 0 591205 1059723 7041 4129 18197 7041 22326 X 505097 765422 79067 271975 584164 1037397 591205 1059723 442113 11120 X false true X true false X 479223 798270 603266 684021 1377957 3942737 0 0 479223 798270 603266 684021 1377957 3942737 406028 3536709 313 3106 7118 1578 1257 13372 0 12277 12277 3968386 780549 0.89120 0.92530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Conditional advance 18197 18197 X 1537089 11120 2825 13945 1523144 1523144 1083856 2825 2825 1081031 1081031 Part X : FIN48 Footnote Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, IAM is required to report information regarding its exposure to various tax positions taken by IAM and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that IAM has adequately evaluated its current tax positions and has concluded that as of December 31, 2019, IAM does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.IAM has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. This exemption is subject to periodic review by the federal and state taxing authorities and management is confident that the organization continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. IAM may periodically receive unrelated business income requiring the organization to file separate tax returns under federal and state statutes. Under such conditions, IAM will calculate, accrue and remit the applicable taxes. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Rental exp $2825 Part XII, Line 2d: Other expenses and losses per audited F/S Rental exp $2825 false Amped 606 Boyd Street Golden CO 80403 33400 0 Program Support Craftsmanship LLC 490 Second Street 200 San Francisco CA 94107 5609 0 Program Support M0xy LLC 976 23rd Avenue Oakland CA 94606 13000 0 Program Support Shaping San Francisco 518 Valencia St San Francisco CA 94110 32046 0 Program Support Surviving the Silence LLC 2430 Loxford Lane Alpharetta GA 30009 22970 0 Program Support The Atlantic Monthly Grp LLC 600 New Hampshire Ave NW Washington DC 20037 40487 0 Program Support TWH Publishing LLC 8004 NW 154 St Num 216 Miami Lakes FL 33014 10803 0 Program Support White Shark Video 1456 Impressionist Loop Roseville CA 95747 23564 0 Program Support 0 8 Program Support 15 70855 X 1 16778 FMV X Laptops 1 30145 FMV X Laptops 1 4800 FMV X Laptops 1 7500 FMV X Laptops 1 15000 FMV X Other in kind 24 36283 FMV false false false Form 990, Part VI, Line 11b: Form 990 Review Process FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS THEN REVIEWED BYTHE ORGANIZATION'S MANAGEMENT AND AT LEAST ONE MEMBER OF THE BOARD OF DIRECTORS. THIS GROUP OF INDIVIDUALS THEN DISCUSSES THE CONTENTS OF THE RETURN WITH THE OUTSIDE TAX PROFESSIONAL. AFTER A FULL REVIEW, THE FINAL VERSION OF THE TAX RETURN IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S VOTING BODY. A REPRESENTATIVE OF MANAGEMENT OR THE BOARD AUTHORIZES THE FINAL FORM 990 WHICH IS THEN E-FILED WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts MEMBERS OF THE BOARD OF DIRECTORS REVIEW ALL POTENTIAL CONFLICTS OF INTEREST AT LEAST ANNUALLY. THE EXECUTIVE DIRECTOR AND ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE (IN WRITING) POTENTIAL CONFLICTS AND ANY RELATED PARTY AFFILIATIONS. LOANS BETWEEN THE ORGANIZATION AND MEMBERS OF MANAGEMENT AND THE BOARD ARE STRICTLY PROHIBITED. THE ORGANIZATION SEEKS FULL TRANSPARENCY ON ALL RELATIONSHIPS. ANY POTENTIAL CONFLICTS (IN FACT OR APPEARANCE) ARE DISCUSSED OPENLY AND RESOLVED IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE COMPENSATION OF ALL HIGH-LEVEL PERSONNEL PERIODICALLY IN ACCORDANCE WITH IRS RULES AND REGULATIONS. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES. EVERY EFFORT IS MADE TO ENSURE THAT THE PROCESS IS THOROUGH AND TRANSPARENT IN ACCORDANCE WITH IRS GUIDELINES AND THE ORGANIZATION'S POLICIES AND PROCEDURES. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE COMPENSATION OF ALL HIGH-LEVEL PERSONNEL PERIODICALLY IN ACCORDANCE WITH IRS RULES AND REGULATIONS. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES. EVERY EFFORT IS MADE TO ENSURE THAT THE PROCESS IS THOROUGH AND TRANSPARENT IN ACCORDANCE WITH IRS GUIDELINES AND THE ORGANIZATION'S POLICIES AND PROCEDURES. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER LEGAL FILINGS ARE MAINTAINED IN A SECURE ENVIRONMENT AND HELD AVAILABLE FOR INSPECTION BY TAX AUTHORITIES AND THE GENERAL PUBLIC. TAX RETURNS ARE POSTED ANNUALLY TO WWW.GUIDESTAR.ORG (WHERE THEY ARE AVAILABLE FOR VIEWING AS ELECTRONIC COPIES) AND ARE ALSO AVAILABLE FOR A PHYSICAL INSPECTION AT THE ORGANIZATION'S OFFICE IN SAN FRANCISCO, CALIFORNIA.