2018-07-16T18:14:57-05:00 2017-08-31 111986323 Marcum LLP 1 Montgomery Street Suite 1700 San Francisco CA 94104 990 2016-09-01 942576101 Golden Gate Performing Arts Inc GOLD 4158653650 526 Castro Street San Francisco CA 94114 Chris Verdugo Executive Director 4158653650 2018-07-16 1 Steven H Boultbee P01228676 4154326200 2016 2022-09-23 18:48:47Z Chris Verdugo 526 Castro Street San Francisco CA 94114 3231982 0 X www.sfgmc.org X 1979 CA Inspire its audience, members and the world through high quality choral experiences. 15 15 15 350 0 0 665937 2253474 682731 725333 30379 18041 41112 -35527 1420159 2961321 0 0 0 0 605698 733932 0 0 38073 1072418 1858862 1678116 2592794 -257957 368527 1567128 2260141 129591 436109 1437537 1824032 X See Schedule O 0 0 1340993 630581 BRING HARMONY TO THE WORLD THROUGH CHORAL PRESENTATIONS. 27533 65640 touring and outreach to serve as cultural ambassadors for san francisco's gay, lesbian, bisexual, transgender and allied communities by performing at community events produced by other organizations including fundraisers for hiv/aids charities in california. 740431 0 The Lavender Pen Tour helped share SFGMC's mission of community, activism and compassion throughout the South, supporting our LGBTQ+ brothers and sisters and promoting acceptance and love through music.It is our hope that the music encouraged LGBTQ+ people and our allies to come together, provoke conversations and action around civil liberties for all, while raising funds for local LGBT organizations. 2108957 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 15 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 1 0 CA X AccountingX 8006403810 5670 Wilshire Blvd Suite 180 Los Angeles CA 90036 Salvatore Baglieri SECRETARY 10.00 X X 0 0 0 Peter Drake Community Member 5.00 X 0 0 0 Steve Burton Singing Member 5.00 X 0 0 0 Steve Huffines Chair 5.00 X X 0 0 0 Mike Bernard Singing Member 5.00 X 0 0 0 Gregory Marks Singing Member 5.00 X 0 0 0 Debbie Boccuzzi Vice Chair 5.00 X X 0 0 0 Skip Schneider Treasurer 5.00 X X 0 0 0 Eric Chau Singing Member 5.00 X 0 0 0 Glenn DeSandre Chorus President 5.00 X X 0 0 0 Dave Earl Community Member 5.00 X 0 0 0 Andre Farris Singing Member 5.00 X 0 0 0 Sean Livingston Community Member 5.00 X 0 0 0 Paul Saccone Singing Member 5.00 X 0 0 0 John Ybarra Community Member 5.00 X 0 0 0 Barbara Keller Executive Director 40.00 X 1715 0 0 Thomas Vindiola Interim Executive Director 40.00 X 67064 0 13546 Christopher Verdugo Executive Director 40.00 X 39542 0 2307 Timothy Seelig artistic director 40.00 X 139865 0 18623 248186 0 34476 1 0 1 0 0 119320 82700 2051454 2253474 ADMISSIONS 711130 634406 634406 TOURING AND OUTREACH 711130 65640 65640 SERVICE FEES 900099 25287 25287 725333 8911 8911 15306 6176 9130 9130 9130 206312 82700 212727 -6415 -6415 22646 51758 -29112 -29112 2961321 696221 0 11626 287522 137500 150022 342104 342104 8651 8651 43324 43324 52331 39862 12469 5000 5000 63425 20748 42677 6973 6973 108681 67411 21894 19376 73592 73592 79068 2767 58906 17395 68611 27444 41167 7977 4547 3350 80 20365 17310 1833 1222 2324 2324 12265 12265 13292 13292 Lavender Pen Tour 651700 651700 Production Expense 299250 299250 Hall Rental 296915 296915 Member Services 92932 92932 56492 56492 2592794 2108957 445764 38073 343253 349175 59700 109278 0 0 0 0 34269 80086 82762 26328 14417 56434 676912 1207444 438577 457724 1567128 2260141 54591 161645 75000 274464 129591 436109 X 905410 1102619 198830 388116 333297 333297 1437537 1824032 1567128 2260141 X 368527 17969 -1 X X 0 1 X 1 0 X 1527062 1323565 76009 682731 2253474 5862841 1527062 1323565 76009 682731 2253474 5862841 1169802 4693039 3299 2034 2525 5432 8911 22201 83840 109186 140919 176197 228958 739100 6624142 0.70850 0.74650 X Schedule A, Part II, Line 10, Explanation of Other Income: Gross receipts from fundraising and sales of inventory RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 438577 36010 16863 457724 420382 34377 16182 438577 436100 33135 -33848 15005 420382 408144 41440 13484 436100 377172 40741 9769 408144 0.76000 0.24000 1 0 49337 3960 45377 33425 22368 11057 56434 Schwab & Vanguard 1207444 F 1207444 Beneficial Interest in endowment 457724 457724 X 3246101 17969 24972 42941 3203160 -241839 -241839 2961321 2859606 24972 241840 266812 2592794 0 2592794 Part V, Line 4: THE HORIZON'S FOUNDATION MANAGES A PERMANENTLY RESTRICTED AGENCY ENDOWMENT FOR THE CHORUS. A PORTION OF THE EARNINGS FROM THE INVESTED PRINCIPAL ARE DISTRIBUTED ANNUALLY TO SUPPORT THE CHORUS' OPERATIONS ACCORDING TO A FORMULA, AND THE REMAINDER IS REINVESTED. THE CHORUS MAY ALSO DRAW ON THE ENDOWMENT SHOULD IT LAUNCH A CAPITAL CAMPAIGN IN THE LONG TERM FUTURE. Part X, Line 2: The chorus has adopted ASC 740, Income taxes. Under ASC 740, the chorus utilizes a two-step approach to recognizing and measuring uncertain tax positions (tax contigencies). The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon ultimate settlement. For the years ended August 31, 2017 and 2016, there were no additional liabilities recorded for unrecognized tax benefits related to tax positions taken in the current year. The Chorus considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately forecast actual outcomes. In accordance with ASC 740, the Chorus has elected to include interest and penalties related to its tax contingencies in income tax expense. There were no accruals for interest and penalties related to uncertain tax positions at the inception date or for the years ended August 31, 2017 and 2016. The Chorus files a Federal and State annual information return. The Chorus has determined that its major tax jurisdictions are the United States and California. The tax year 2013 remains open and subject to examination by the appropriate governmental agency in California. The tax years 2014 through 2016 remain open and subject to examination by the appropriate governmental agencies in the United States and California. Part XI, Line 4b - Other Adjustments: Special Event Expenses -212,727. Net loss on sale of merchandise -29,112. Part XII, Line 2d - Other Adjustments: Special Event Expenses 212,727. Net loss on sale of merchandise 29,112. Rounding 1. Crescendo 289012 82700 206312 87028 10350 115349 289012 82700 206312 87028 10350 115349 212727 -6415 X X X 0 0 0 0 0 0 0 0 0 Timothy Seelig artistic director 134865 0 5000 0 0 0 4046 0 14577 0 158488 0 0 0 Form 990, Part III, Line 1 GOLDEN GATE PERFORMING ARTS INC. WAS CREATED BY THE SINGERS AND DEDICATED FRIENDS OF THE SAN FRANCISCO GAY MEN'S CHORUS TO ASSURE THE FINANCIAL HEALTH OF THE CHORUS. GOLDEN GATE PERFORMING ARTS INC. SUPPORTS THE CHORUS SO IT CAN ACHEIVE ITS MISSION OF BRINGING HARMONY TO THE WORLD AND RAISING AWARENESS AND FUNDS FOR THE OTHER CHARITABLE PURPOSES. Form 990, Part VI, Section A, line 6 Per the Bylaws there are two types of members. Singing members and staff members Form 990, Part VI, Section A, line 7a Per the bylaws, Members can elect Membership Directors to serve on the board. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent public accounting firm based on audited financial statements and with the assistance of the organization's finance and accounting staff. The Treasurer and the Executive Director review the final draft of the 990. An electronic copy is sent to all board members before filing. Form 990, Part VI, Section B, line 12c The organization regularly and consistently monitors and enforces compliance with its conflict of interest policy. For directors and officers, the Executive Director's office requests completion of an annual disclosure form by August 31 for all directors and officers. The Executive Director assures that all forms have been received and prepares a summary of disclosures and forwards the forms and summary to the Board's Executive Committee, which reviews the disclosures and makes a report to the Board at its next quarterly meeting. The Executive Director also sends the summary to the external auditors and tax preparers for disclosure in the annual tax filings. Form 990, Part VI, Section B, line 15 The process for determining the compensation of the Executive Director and other top management officials is as follows: The Executive Personnel Committee of the board annually assesses appropriate compensation by conducting a performance evaluation and then looking at comparative independent surveys and studies, principally the Compensation and Benefits Survey published by the Center for Non-Profit Management, which supplies data across the sector gathered from more than 256 non-profit organizations. Form 990, Part VI, Section C, line 19 the organization makes its audited financial statements and Form 990 for the most recent three years available to the public upon request. The conflict of interest policy and other governing documents are made available upon request. Form 990, Part XI, line 9: rounding -1. Form 990, Part XII, Line 2c: There has been no change from the prior year.