2020-11-06T17:31:38-06:00 2019-12-31 943108253 NOVOGRADAC & COMPANY LLP 211 E OCEAN BLVD SUITE 600 LONG BEACH CA 90802 990 2019-01-01 461897606 COMMUNITY ART STABILIZATION TRUST COMM 4155569888 70 OTIS STREET SAN FRANCISCO CA 94103 MOY ENG EXECUTIVE DIRECTOR 4155569888 2020-11-06 1 BRYAN HUNG P01553971 5624329482 128.92.54.106 2020-11-06 11:20:08 PS P D5B63CD953F62E13250A7B490B9309A3EDAF8DDC E6F289E87224A39FE7118A0E176AE0582075B4EA 2019 2021-01-29 14:40:06Z MOY ENG 70 OTIS STREET SAN FRANCISCO CA 94103 1346071 0 X HTTP://CAST-SF.ORG X 2013 CA PURCHASING AND LEASING SPACE FOR THE EXCLUSIVE USE OF NONPROFIT ARTS ORGANIZATIONS SERVING LOW INCOME COMMUNITIES. 7 7 6 0 0 0 10323108 881735 154600 129460 106832 215907 -190732 -197473 10393808 1029629 177422 300000 0 0 811897 717407 0 0 131425 438100 640527 1427419 1657934 8966389 -628305 22226990 21790790 110349 87647 22116641 21703143 TO CREATE STABLE PHYSICAL SPACES FOR ARTS AND CULTURAL ORGANIZATIONS TO FACILITATE EQUITABLE URBAN TRANSFORMATION. 0 0 1352464 300000 115095 COMMUNITY ART STABILIZATION TRUST CREATES STABLE PHYSICAL SPACES FOR ARTS AND CULTURAL PROPERTIES FOR PURCHASE, 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 ORGANIZATION'S EFFORTS TO FIND, SECURE AND MANAGE LONG-TERM REAL ESTATE PROJECTS. 1352464 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 6 0 6 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 CA X OWEN LEVIN 4155569888 70 OTIS STREET SAN FRANCISCO CA 94103 X ERIC RODENBECK DIRECTOR 0.20 X X 0 0 0 JOSHUA SIMON TREASURER 0.20 X X 0 0 0 SHELLEY TROTT DIRECTOR 0.20 X X 0 0 0 DEBORAH CULLINAN SECRETARY 0.20 X X 0 0 0 STEVEN OLIVER PRESIDENT 0.20 X X 0 0 0 JIM BILDNER DIRECTOR 0.20 X X 0 0 0 BRADY FORREST DIRECTOR 0.20 X X 0 0 0 MOY ENG EXECUTIVE DIRECTOR 40.00 X 213116 0 0 213116 0 0 1 0 1 0 VENTURA PARTNERS 70 OTIS STREET SAN FRANCISCO CA 94103 PROJECT MANAGEMENT & OFFICE LEASOR 168480 1 881735 881735 DEVELOPER FEE 531390 90000 90000 CONSULTING FEE 541900 37000 37000 REIMBURSEMENT INCOME 561000 2460 2460 129460 215907 183108 32799 118969 316442 -197473 -197473 -197473 1029629 115095 0 32799 X 300000 300000 213116 145629 35519 31968 452189 308996 75365 67828 7705 5265 1284 1156 44397 30338 7400 6659 32950 30606 2161 183 22384 20792 1468 124 416065 386469 27289 2307 114543 78271 19091 17181 25920 25920 13197 9019 2200 1978 2495 1705 416 374 1860 1860 11113 7594 1852 1667 1657934 1352464 174045 131425 3628875 4068341 2210392 1317059 111734 114235 14931867 14931867 1146427 1146318 0 197695 212970 22226990 21790790 110349 87647 110349 87647 X 16196246 16196246 5920395 5920395 22116641 21703143 22226990 21790790 X -628305 214807 X X 0 1 X 1 0 X 2050200 1735400 4237214 6651047 881735 15555596 2050200 1735400 4237214 6651047 881735 15555596 2964148 12591448 8069 8142 9573 39038 159653 224475 83000 103750 68725 73740 37000 366215 16146286 2530949 0.77980 0.85610 X SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: 2015 CONSULTING: $ 83,000 2016 CONSULTING: $ 103,750 2017 CONSULTING: $ 68,725 2018 CONSULTING: $ 12,200 OTHER INCOME: $ 50,000 MISCELLANEOUS: $ 11,540 2019 CONSULTING: $ 37,000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CAST POWERHOUSE MANAGER 1146318 C 1146318 1242576 1534 1534 1241042 -211413 -211413 1029629 1656074 0 1656074 1860 1860 1657934 PART XI, LINE 2D - OTHER ADJUSTMENTS: NET RENTAL LOSS - CAST 1007 MARKET, LLC 866. NET RENTAL LOSS - CAST 80 TURK, LLC 777. FLOW THROUGH (INCOME) LOSS - CAST POWERHOUSE MANAGER, LLC -109. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT REVENUE -16,667. SUSPENDED LOSSES -194,746. PART XII, LINE 4B - OTHER ADJUSTMENTS: AMORTIZATION 1,860. 1 THE PERFORMING ARTS WORKSHOP INC 2301 SAN JOSE AVENUE SAN FRANCISCO CA 94112 941614596 501(C)(3) 300000 LEASE SUPPORT FOR ADMINISTRATIVE SPACE PART I, LINE 2: KEEPING SPACE - OAKLAND IS COMMUNITY ART STABILIZATION TRUST'S ("CAST") PILOT PROGRAM DEDICATED TO PROVIDING TRAINING AND FUNDING FOR OAKLAND ARTS AND CULTURAL ORGANIZATIONS SEEKING REAL ESTATE ASSISTANCE. WITH DIRECT FINANCIAL GRANTS, ONE-ON-ONE TECHNICAL ASSISTANCE, AND REAL ESTATE READINESS TRAINING, CAST'S GOAL IS TO PROVIDE SAFE, STABLE, PERMANENT, AND AFFORDABLE REAL ESTATE SOLUTIONS FOR OAKLAND'S LOCAL ARTS ORGANIZATIONS. KEEPING SPACE - OAKLAND RE-GRANTS FUNDS PROVIDED BY THE HEWLETT AND RAININ FOUNDATIONS TO ENTITIES THAT MEET THE ELIGIBILITY CRITERIA OUTLINED IN THE KEEPING SPACE - OAKLAND FINANCIAL ASSISTANCE PROGRAM GUIDELINES. CAST USES A SELECTION COMMITTEE TO EVALUATE THE CRITERIA AND ASSESS EACH APPLICANT. KEEPING SPACE - OAKLAND GRANT FUNDS ARE SOLELY USED FOR THE FOLLOWING ELIGIBLE EXPENSES: ACQUISITION EXPENSES, PLANNING EXPENSES, FACILITY IMPROVEMENT EXPENSES, RENTAL EXPENSES, AND MOVING EXPENSES. X X X X 0 0 0 0 0 0 0 0 0 MOY ENG EXECUTIVE DIRECTOR 213116 0 0 0 0 0 0 0 0 0 213116 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY TAX PREPARER. THE ORGANIZATION'S TREASURER WILL REVIEW FORM 990 WITH ANY QUESTIONS OR CONCERNS TO THE STAFF AND RECOMMEND ITS APPROVAL BY THE ENTIRE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ACCORDING TO THE FRAMEWORK OUTLINED IN THE BYLAWS APPENDIX A: CONFLICT OF INTEREST POLICY, THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE IN REAL ESTATE TRANSACTIONS PERFORMED, WHICH IS THE ORGANIZATION'S CORE WORK, AND IN OTHER RELATED BUSINESS AREAS. THE BOARD AND EXECUTIVE DIRECTOR ARE CLEAR AND MINDFUL OF THE POSSIBLE CONFLICTS OF THE WORK IN WHICH THE ORGANIZATION EXECUTES. TO DATE, THE BOARD NOR EXECUTIVE DIRECTOR HAVE PRESENTED ISSUES REGARDING CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S DOCUMENTS WILL BE MADE AVAILABLE FOR PUBLIC INSPECTION UPON LETTER REQUEST UNDER INTERNAL REVENUE CODE SECTION 6104. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS WILL BE MADE AVAILABLE FOR PUBLIC INSPECTION UPON LETTER REQUEST UNDER INTERNAL REVENUE CODE SECTION 6104. FORM 990, PART IX, LINE 11G PROJECT TECHNICAL ASSISTANCE: PROGRAM SERVICE EXPENSES 318,302. MANAGEMENT AND GENERAL EXPENSES 22,475. FUNDRAISING EXPENSES 1,900. TOTAL EXPENSES 342,677. HONORARIUM: PROGRAM SERVICE EXPENSES 2,972. MANAGEMENT AND GENERAL EXPENSES 210. FUNDRAISING EXPENSES 18. TOTAL EXPENSES 3,200. REAL ESTATE CONSULTANT: PROGRAM SERVICE EXPENSES 38,490. MANAGEMENT AND GENERAL EXPENSES 2,718. FUNDRAISING EXPENSES 230. TOTAL EXPENSES 41,438. ADMIN TECHNICAL ASSISTANCE: PROGRAM SERVICE EXPENSES 26,705. MANAGEMENT AND GENERAL EXPENSES 1,886. FUNDRAISING EXPENSES 159. TOTAL EXPENSES 28,750. FORM 990, PART XI, LINE 9: AMORTIZATION EXPENSE 1,860. NET RENTAL LOSS - CAST 1007 MARKET, LLC 777. NET RENTAL LOSS - CAST 80 TURK, LLC 866. GRANT REVENUE 16,667. SUSPENDED LOSSES 194,746. FLOW THROUGH (INCOME) LOSS - CAST POWERHOUSE MANAGER, LLC -109. FORM 990 PART XII, LINE 2C THERE WERE NO CHANGES IN THE ORGANIZATION'S AUDIT OVERSIGHT PROCESS DURING THE YEAR. CAST 1007 MARKET LLC 1007 MARKET STREET SAN FRANCISCO CA 94103 611748683 REAL ESTATE CA COMMUNITY ARTS STABILIZATION TRUST 66480 171704 0 0 0.90000 CAST 80 TURK LLC 80 TURK STREET SAN FRANCISCO CA 94102 611750021 REAL ESTATE CA COMMUNITY ARTS STABILIZATION TRUST 129909 312063 0 1 0.90000 CAST POWERHOUSE QALICB LLC 70 OTIS STREET SAN FRANCISCO CA 94103 384055470 REAL ESTATE CA CAST POWERHOUSE MANAGER LLC -902 1483455 0 0 0.51000 CAST POWERHOUSE MANAGER LLC 70 OTIS STREET SAN FRANCISCO CA 94103 611863224 INVESTING CA COMMUNITY ARTS STABILIZATION TRUST C -911 1161041 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CAST 80 TURK LLC D 15275 CASH