2018-01-31T16:39:25-06:00 2017-06-30 946214841 Armanino LLP 50 W San Fernando St Ste 500 San Jose CA 95113 990 2016-07-01 942825213 Silicon Valley Creates SILI 4089982787 38 W Santa Clara Street San Jose CA 95113 Connie Martinez CEO 4089982787 2018-01-30 1 Lawrence S Kuechler P00233621 4082006400 2018-01-30 38.104.135.22 2018-01-30 13:01:05 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C6CDAEE9B875D4320E7F169406ABE2414F275E69 2016 2021-01-29 14:40:06Z Connie Martinez 38 W Santa Clara Street San Jose CA 95113 3312976 0 X www.svcreates.org X 1982 CA IGNITING INVESTMENT AND ENGAGEMENT IN ARTS AND CREATIVITY IN SILICON VALLEY. 17 17 14 17 0 0 1995626 2203928 655503 633481 8897 -295917 0 0 2660026 2541492 297519 657478 0 0 1149569 968110 0 0 132399 1001019 853957 2448107 2479545 211919 61947 2846345 4516371 284025 1593913 2562320 2922458 X Igniting investment and engagement in arts and creativity in Silicon Valley. 1 0 1115867 577478 31481 SILICON VALLEY CREATES HAS A SERIES OF MISSION-ALIGNED PROGRAMS AND INITIATIVES THAT BUILD THE CAPACITY OF THE CREATIVE SECTOR, RAISE ITS VALUE AND VISIBILITY AND INCREASE ACCESS TO ARTS AND CREATIVITY. THE ORGANIZATION BUILDS THE CREATIVE SECTOR'S CAPACITY BY: 1) PROVIDING LOCAL GRANTS, WORKSHOPS AND MANAGEMENT TOOLS; 2) NURTURING THE NEXT GENERATION OF LEADERS THROUGH GENARTS; 3) CONDUCTING RESEARCH STUDIES OF RELEVANCE TO CIVIC AND ARTS LEADERS; AND 4) LEADING THE DEVELOPMENT OF THE CREATIVE CENTER AT JAPANTOWN SQUARE.AROUND 1.7 MILLION PEOPLE WERE SERVED. 546289 49000 380000 The Organization increases access to arts and creativity by; 1) developing a hub of digital media Studios for teens; 2) connecting teachers to arts education offerings through ArtsEdConnect; and 3) infusing arts and creativity into the Women and Children's Center at VMCAround 5.7 Million people were served. 338158 31000 222000 Silicon Valley Creates raises value and visibility of the creative sector by: 1) publishing Content Magazine; 2) promoting arts and cultural events through social media and LiveSV; 3) showcasing local artists through the Artist Laureate and Poet Laureate programs; and 4) convening Pick Up Parties and Content Labs.Around 38,000 people were served. 2000314 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 44 0 1 14 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Financial Administrative Support Services 4085138756 3180 Newberry Drive Suite 200 San jose CA 95118 Jane Decker chair 1.00 X X 0 0 0 Hsing Kung Director 1.00 X 0 0 0 Natalie Engels Director 1.00 X 0 0 0 Josh Russel Director 1.00 X 0 0 0 Mark WAXMAN Vice Chair 1.00 X X 0 0 0 MARYLES CASTO Secretary 1.00 X X 0 0 0 Cary chien Director 1.00 X 0 0 0 Sunny Claggett director 1.00 X 0 0 0 Barry Posner director 1.00 X 0 0 0 Sheena Vaidyanathan director 1.00 X 0 0 0 James La Camp Director 1.00 X 0 0 0 BILL SKEET Treasurer 1.00 X X 0 0 0 Matt Ogawa director 1.00 X 0 0 0 Anand Pradhan Director 1.00 X 0 0 0 Teresa Alvarado director 1.00 X 0 0 0 Nuria Fernandez director 1.00 X 0 0 0 Marshall Jones director 1.00 X 0 0 0 Connie Martinez CEO 40.00 X 180000 0 11002 Alexandra Urbanowski Director of strategic Initiatives 40.00 X 136443 0 8368 316443 0 19370 2 0 1 0 0 695063 1508865 3500 2203928 license fees 541900 562753 562753 ticketing revenue 541900 42700 42700 RENTAL INCOME 531390 24000 24000 Other misc income 541900 4028 4028 633481 23998 23998 451569 442294 329190 9275 -329190 -319915 -319915 2541492 633481 0 -295917 X 626478 626478 31000 31000 191487 95743 47872 47872 636725 464386 131288 41051 74682 52949 17135 4598 65216 45277 13603 6336 64103 64103 14343 14343 427105 416955 6268 3882 4392 4392 128026 102128 5735 20163 27142 21817 4130 1195 69793 49404 14115 6274 2788 2403 383 2 30579 19169 11410 9422 6713 1876 833 3389 1521 1675 193 Direct program contract 34481 34481 event 22822 22822 misc 5905 2057 3848 membership dues 3941 619 3322 5726 5726 2479545 2000314 346832 132399 696938 991844 738136 522406 57406 85615 9554 16066 1212753 246977 52845 965776 887009 1033779 404457 900885 2846345 4516371 119176 318801 51300 187900 63209 74023 50340 1013189 284025 1593913 X 44820 837766 1539550 1106742 977950 977950 2562320 2922458 2846345 4516371 61947 99871 198320 0 X 0 1 X 1 0 X 1671851 2032564 2142896 1995626 2203928 10046865 1671851 2032564 2142896 1995626 2203928 10046865 4520388 5526477 25873 23021 21907 21644 23998 116443 10163308 2578140 0.54380 0.63170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 887009 30000 60941 977950 933899 -32821 14069 887009 867555 112176 34979 68958 11853 933899 737965 137824 151397 148316 11315 867555 895283 105929 250000 13247 737965 1.00000 0 0 83124 80652 2472 1129629 166325 963304 965776 donated software to be distributed 74472 Deferred costs for Creative Center at Japantown 539353 Restricted cash for Creative Center at Japantown 287060 900885 DUE TO OTHER ORGANIZATIONS 63189 Capital Contribution for Creative Center at Japantown 950000 1013189 X 3168873 99871 198320 298191 2870682 -329190 -329190 2541492 2808735 329190 329190 2479545 0 2479545 Part V, Line 4: The organization uses the endowment proceeds to support its core support of the arts. Part X, Line 2: Uncertainty in Income Taxes - Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the Organization in its federal and state exempt organization tax returns are more-likelythan- not to be sustained upon examination. The Organization files information returns in the U.S. federal jurisdiction and state of California. The Organization's federal returns for the years ended June 30, 2014 and beyond remain subject to possible examination by the Internal Revenue Service. The Organization's California returns of the years ended June 30, 2013 and beyond remain subject to possible examination by the Franchise Tax Board. Part XI, Line 4b - Other Adjustments: Decrease in value of donated software -329,190. Part XII, Line 2d - Other Adjustments: Decrease in value of donated software 329,190. 1 Abhinaya Dance Company of San Jose 4950 Hamilton Ave Ste 105 San Jose CA 95130 770260713 501C3 5300 Support the exempt purpose operations of the organization Cantabile Youth Singers 1000 Fremont Ave Ste 215 Los Altos CA 94024 261889134 501C3 8100 Support the exempt purpose operations of the organization Chinese Performing Arts 6148 Bollinger Road San Jose CA 95113 770301932 501C3 14400 Support the exempt purpose operations of the organization City Lights Theatre Company of San Jose 529 South Second Street San Jose CA 95112 770014788 501C3 8000 Support the exempt purpose operations of the organization Cinequest Film Festival 410 S First Street San Jose CA 95113 770250734 501C3 20000 Support the exempt purpose operations of the organization College of Adaptive Arts 1401 Park Avenue Suite 260 San Jose CA 95126 270342896 501C3 12700 Support the exempt purpose operations of the organization El Camino Youth Symphony 4055 Fabian Way Palo Alto CA 94303 946130310 501C3 7500 Support the exempt purpose operations of the organization Los Altos Stage Company PO Box 151 Los Altos CA 94023 770408348 501C3 5000 Support the exempt purpose operations of the organization MACLA 510 South First Street San Jose CA 95113 770251774 501C3 17700 Support the exempt purpose operations of the organization New Museum Los Gatos 106 E Main Street Los Gatos CA 95031 941619601 501C3 6500 Support the exempt purpose operations of the organization Opera Cultura 10726 Beverly Avenue Oakland CA 94577 464332937 501C3 10000 Support the exempt purpose operations of the organization Pacific Art League 668 Ramona Street Palo Alto CA 94301 946096394 501C3 5400 Support the exempt purpose operations of the organization Palo Alto Chamber 1313 Newell Rd Palo Alto CA 94303 946000389 501C3 7200 Support the exempt purpose operations of the organization Palo Alto Players 1305 Middlefield Road Palo Alto CA 94301 942295483 501C3 5400 Support the exempt purpose operations of the organization Peninsual Womens Chorus P O Box 50532 Palo Alto CA 94303 200513547 501C3 5000 Support the exempt purpose operations of the organization Peninsula Youth Theatre 2500 Old Middlefield Way Mountain View CA 94043 770335126 501C3 16000 Support the exempt purpose operations of the organization San Jose Chamber Orchestra 1034 Bennet Way San Jose CA 95125 702292622 501C3 14200 Support the exempt purpose operations of the organization San Jose ICA 560 S First Street San Jose CA 95113 942688830 501C3 25900 Support the exempt purpose operations of the organization San Jose Jazz 4 N Second Street Ste 576 San Jose CA 95113 770140627 501C3 9000 Support the exempt purpose operations of the organization San Jose Stage 490 South First Street San Jose CA 95113 770029401 501C3 15000 Support the exempt purpose operations of the organization San Jose Taiko 565 North 5th St San Jose CA 95112 942801727 501C3 9000 Support the exempt purpose operations of the organization San Jose Youth Symphony 595 Park Avenue Suite 302 San Jose CA 95110 912166427 501C3 7500 Support the exempt purpose operations of the organization Schola Cantorum 2218 Old Middlefield Way Suite G Mountain View CA 94043 942597822 501C3 5500 Support the exempt purpose operations of the organization Starting Arts 525 Parrott Street San Jose CA 95112 010552155 501C3 7500 Support the exempt purpose operations of the organization Tabard Theatre Company 5663 Chambertin Drive San Jose CA 95118 770571960 501C3 6800 Support the exempt purpose operations of the organization The Choral Project 72 N 5th Street Suite 17 San Jose CA 95112 770439765 501C3 5000 Support the exempt purpose operations of the organization The School of Arts and Culture 1700 Alum Rock Avenue San Jose CA 95116 800714882 501c3 49000 Support the exempt purpose operations of the organization Triton Museum of Art 1505 Warburton Avenue Santa Clara CA 95050 946122076 501C3 7500 Support the exempt purpose operations of the organization West Bay Opera 221 Lambert Avenue Palo Alto CA 94306 946105053 501C3 5400 Support the exempt purpose operations of the organization Exhibition District 951 N 3rd Street san jose CA 95110 473980272 501C3 10000 Support the exempt purpose operations of the organization 30 laureate 7 31000 Part I, Line 2: Monitoring procedures include written final reports and site visits. X X X 0 0 0 0 0 0 0 0 0 Connie Martinez CEO 0 0 180000 0 0 0 0 0 11002 0 191002 0 0 0 Form 990, Part III, line 2 Silicon Valley Creates plans to form a Delaware limited liability company (the "LLC") for the purpose of constructing and holding a community arts center in Japantown, San Jose. The LLC agreement is expected to be finalized and executed in January 2018. The intention is that Silicon Valley Creates be the managing member of the LLC and there will be other 501(c)(3) nonprofit organization members. The LLC intends to be a non-profit entity. Even though the LLC had not yet formed as of June 30, 2017, there were transactions that were recorded in Silicon Valley Creates' accounting records that relate to the Creative Center at Japantown Square, LLC project. These transactions will be run through the LLC once it is formed and have been included in Silicon Valley Creates' assets and liabilities as of June 30, 2017. Form 990, Part VI, Section B, line 11b The 990 is reviewed by the CEO and then A copy of the 990 was sent via email to all governing board members. Form 990, Part VI, Section B, line 12c A conflict of interest policy is signed by each board member annually. Board members also have the ability to communicate any conflict of interest at board meetings. Form 990, Part VI, Section B, line 15 Compensation was established by the executive committee which consists of the board chair, vice chair, treasurer and secretary. The process was last undertook in 2011 Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. These documents will be available on our website starting this year. Form 990, Part IX, line 11g Other professional fees: Program service expenses 416,955. Management and general expenses 6,268. Fundraising expenses 3,882. Total expenses 427,105.