2012-05-15T12:55:31-05:00 2011-06-30 HOOD & STRONG LLP CPAS 100 FIRST STREET 14TH FLOOR SAN FRANCISCO CA 94105 990 2010-07-01 942990335 SAN FRANCISCO JAZZ ORGANIZATION SANF 4153985655 3 EMBARCADERO LOBBY LEVEL SAN FRANCISCO CA 94111 FELICE SWAPP 4153985655 2012-05-15 1 ROBERT A DOCILI 4157810793 2010 2016-02-24 21:20:13Z FELICE SWAPP 3 EMBARCADERO LOBBY LEVEL SAN FRANCISCO CA 94111 28764369 0 X WWW.SFJAZZ.ORG X 1983 CA TO PROMOTE THE GROWTH AND EVOLUTION OF JAZZ MUSIC IN THE SAN FRANCISCO BAY AREA. 29 27 56 250 0 0 3917547 20468209 2777740 3119912 164627 546401 280404 117112 7140318 24251634 0 0 0 0 2237533 2418780 0 34000 1459666 4178060 4816427 6415593 7269207 724725 16982427 28753279 46604496 1504310 1842112 27248969 44762384 X THE SAN FRANCISCO JAZZ ORGANIZATION (THE ORGANIZATION) IS A CALIFORNIA NOT-FOR PROFIT CORPORATION ORGANIZED TO PROMOTE THE GROWTH AND EVOLUTION OF JAZZ MUSIC THROUGH PRESENTATION AND EDUCATION IN THE SAN FRANCISCO BAY AREA. THE ORGANIZATION PRODUCES AND PROMOTES JAZZ CONCERTS AND EVENTS. THE ORGANIZATION ALSO SPONSORS YEAR-ROUND EDUCATION PROGRAMS FOR YOUTH AND ADULTS AIMED AT BUILDING THE AUDIENCE FOR JAZZ AND DEEPENING THEIR UNDERSTANDING OF JAZZ MUSIC. 0 0 3460433 2685470 MAIN EVENTS: AS THE SIXTH LARGEST PERFORMING ARTS ORGANIZATION IN THE SAN FRANCISCO BAY AREA, SFJAZZ IS COMMITTED TO PRESENTING PERFORMANCES THAT INSPIRE MUSIC LOVERS. ALL SFJAZZ PROGRAMS REFLECT A SPIRIT OF ARTISTIC EXPLORATION, EMBRACING THE FULL BREADTH OF JAZZ AND ITS RELATED MUSIC; EMPHASIZE THEMATIC PROGRAMMING, WITH TRIBUTES TO JAZZ MASTERS AND CELEBRATIONS OF PARTICULAR MUSICAL INSTRUMENTS, TRENDS OR STYLES; AND STRIVE TO INSTILL ENTHUSIASM FOR JAZZ AMONG WIDER AUDIENCES.HAILED BY THE LONDON OBSERVER AS "THE BEST JAZZ FESTIVAL IN THE WORLD," THE SAN FRANCISCO JAZZ FESTIVAL IS A CELEBRATION OF TODAY'S BEST MUSIC. EVERY SPRING AND FALL THE FESTIVAL PRESENTS A PHENOMENAL ARRAY OF JAZZ CONCERTS, FROM THE CLASSIC TO THE AVANT-GARDE, GATHERING THE LEGENDS OF TODAY AND THE RISING STARS OF TOMORROW IN PREMIER VENUES THROUGHOUT SAN FRANCISCO AND THE BAY AREA.ORIGINALLY THE SAN FRANCISCO JAZZ FESTIVAL WAS A SMALL-SCALE EVENT KNOWN MOSTLY IN THE LOCAL COMMUNITY, THE FESTIVAL HAS GROWN INTO A MULTI-MONTH SEASON FEATURING DOZENS OF EVENTS AND HAS RISEN TO NATIONAL AND INTERNATIONAL PROMINENCE. IN 2000, THE SFJAZZ SPRING SEASON WAS DEBUTED AND WAS AN INSTANT CRITICAL AND COMMERCIAL SUCCESS. FEATURING FIVE WEEKENDS OF EVENTS, EACH SHOWING A MULTI-GENERATIONAL APPROACH TO PARTICULAR MUSICAL INSTRUMENTS AND STYLES, IT WAS "SOMETHING NEW YORKERS COULD GET JEALOUS ABOUT," THE NEW YORK TIMES WROTE.THE SFJAZZ SPRING SEASON HAS EVOLVED INTO A MULTI-MONTH SEASON THAT SHOWCASES THE EVER-INCREASING GLOBAL IMPACT ON JAZZ AND THE EXCITING THINGS THAT CAN HAPPEN WHEN ARTISTS FROM ONE TRADITION FULLY EMBRACE THE INFLUENCES OF ANOTHER. THE EUROPEAN AND ISRAELI JAZZ INFLUX, R&B SINGERS CELEBRATING JAZZ QUEENS, AVANT-GARDE MASTERS LIVING THE BLUES, YOUNG JAZZ STARS RE-INVENTING ROCK AND SOUL-THEY WERE ALL INCLUDED IN THE SPRING 2011 SEASON-SFJAZZ'S MOST SUCCESSFUL SEASON IN THEIR 29 YEAR HISTORY.THE FALL FESTIVAL AND SPRING SEASON SHOWS ARE ARRANGED INTO EIGHT MAJOR THEMES: JAZZ CONTINUUM, ART OF THE SONG, CARRIBEANA, FLAMENCO SKETCHES, PIANISM, GLOBAL VILLAGE, SOULFUL SINGERS, AND HAPPENINGS. ATTENDANCE WAS UP OVER 20% FROM FY10 TO FY11.FOLLOWING ON THE HEELS OF A SUCCESSFUL EXPANSION IN THE FALL FESTIVAL AND SPRING SEASONS, SFJAZZ LAUNCHED IN 2008, THE WORLD IS LISTENING: CAMPAIGN FOR THE SFJAZZ CENTER. INSPIRED BY AN ANONYMOUS GIFT OF $20 MILLION, THE LARGEST EVER GIVEN TO A JAZZ ORGANIZATION, SFJAZZ CENTER HAS BROKEN GROUND IN SAN FRANCISCO. AS THE FIRST CONCERT HALL OF ITS TYPE IN THE WESTERN U.S. BUILT BOTH FOR JAZZ PERFORMANCE AND EDUCATION, THE NEW SFJAZZ CENTER REPRESENTS A MILESTONE FOR THIS AUTHENTIC AMERICAN ART FORM. 287988 10444 EDUCATION: THE ORGANIZATION ALSO SPONSORS YEAR-ROUND EDUCATION PROGRAMS FOR YOUTH AND ADULTS AIMED AT BUILDING THE AUDIENCE FOR JAZZ AND DEEPENING THEIR UNDERSTANDING OF JAZZ MUSIC.SFJAZZ EDUCATION PROGRAMS FOR YOUTH ARE THE FOLLOWING:JAZZ IN THE MIDDLE - THROUGHOUT THE ACADEMIC YEAR, SFJAZZ PROVIDES CURRICULUM-BASED RESIDENCIES, LINKING JAZZ AND ACADEMIC SUBJECTS IN THE CLASSROOM. OFFERED FREE OF CHARGE TO SFUSD MIDDLE SCHOOLS, THE PROGRAM FOSTERS THE CONNECTIONS BETWEEN CLASSROOM CURRICULA AND THE ARTS. THE GOAL OF JAZZ IN THE MIDDLE IS TO BUILD LITERACY SKILLS THROUGH UNDERSTANDING OF THE HISTORICAL CONTEXT AND CULTURAL DIMENSIONS OF MUSIC, WITH STUDENTS RESPONDING CREATIVELY TO ELEMENTS OF MUSIC AND APPLYING WHAT THEY LEARN TO WRITING AND OTHER SUBJECTS.SFJAZZ HIGH SCHOOL ALL-STARS - THROUGHOUT THE ACADEMIC YEAR, SFJAZZ PROVIDES ADVANCED JAZZ TRAINING AND PERFORMANCE OPPORTUNITIES FOR TALENTED YOUNG MUSICIANS IN BOTH BIG BAND AND SMALL ENSEMBLE FORMATS, SELECTED ANNUALLY BY COMPETITIVE AUDITION (FREE TO PARTICIPANTS).MEET THE MASTERS - A SERIES OF WORKSHOPS, SCHOOL ASSEMBLIES, OPEN REHEARSALS, SALONS, MASTER CLASSES, MENTORING SESSIONS, COMMUNITY EVENTS AND INTERACTIVE PERFORMANCES BY JAZZ MASTERS, BRING WORLD-CLASS JAZZ ARTISTS.DISCOVER JAZZ HISTORY AND APPRECIATION CLASSES:DISCOVER JAZZ DIVES INTO THE COLORFUL MYTHOLOGY AND HISTORY OF JAZZ, SWINGING RIGHT INTO THE MUSIC'S KEY FIGURES, RECORDINGS, FORMS, AND IDEAS. EACH CLASS HITS UPON ESSENTIAL CONCEPTS THAT, WHEN TAKEN AS A COMPLETE SERIES, GIVE ANY FAN THE ABILITY TO HEAR BETWEEN THE LINES OF GREAT JAZZ PERFORMANCES. IN ADDITION TO THE CLASS CONTENT, THERE WILL BE INTERACTIVE LIVE JAZZ PERFORMANCES, GIVING PARTICIPANTS IMMEDIATE ACCESS TO THE PROCESS AND PRACTICE OF THE JAZZ MUSICIAN.SFJAZZ ADULT AND FAMILY EDUCATION PROGRAMS ARE THE FOLLOWING:DISCOVER JAZZ - WEEKLY EVENING MUSIC APPRECIATION CLASSES FOR ADULTS, OFFERING ENTERTAINING AND INFORMATIVE INSIGHTS INTO JAZZ MUSIC, HISTORY AND CULTURE; PRESENTED IN ASSOCIATION WITH THE JEWISH COMMUNITY CENTER OF SAN FRANCISCO.PRE-CONCERT TALKS - ENLIGHTENING FREE PRE-SHOW DISCUSSIONS FROM THE STAGE IN WHICH JAZZ ARTISTS, SCHOLARS, AND INDUSTRY PROFESSIONALS OFFER INSIGHTS TO ENHANCE AUDIENCE APPRECIATION OF SELECTED CONCERTS AND FILMS.JAZZ LISTENING PARTIES - FREE TO SFJAZZ MEMBERS, THESE POPULAR EVENTS HOSTED BY LEADING JAZZ ARTISTS FEATURE RELAXED DISCUSSION AND GUIDED LISTENING TO RECORDED WORKS.FAMILY MATINEE CONCERTS - CREATED WITH FAMILIES IN MIND, THIS SERIES SHOWCASES LEADING MUSICIANS IN REDUCED-PRICE, HOUR-LONG, AFTERNOON CONCERTS, COMBINING WORLD-CLASS ARTISTRY WITH INTERACTIVE DISCUSSION AND AUDIENCE PARTICIPATION. 522276 381898 SF JAZZ COLLECTIVE: THE SFJAZZ COLLECTIVE IS AN ALL-STAR JAZZ ENSEMBLE COMPRISING EIGHT OF THE FINEST PERFORMER/COMPOSERS AT WORK IN JAZZ TODAY. LAUNCHED IN 2004 BY SFJAZZ-THE WEST COAST'S LARGEST NON-PROFIT JAZZ INSTITUTION AND THE PRESENTER OF THE ANNUAL SAN FRANCISCO JAZZ FESTIVAL-WITH INVALUABLE START-UP FUNDING FROM THE JAMES IRVINE FOUNDATION, THE COLLECTIVE HAS QUICKLY BECOME ONE OF THE MOST EXCITING AND ACCLAIMED GROUPS ON THE AMERICAN AND INTERNATIONAL JAZZ SCENES. AS THE NEW YORK TIMES HAILED THE COLLECTIVE UPON ITS DEBUT: "A SERIOUS JAZZ BAND RISES IN SAN FRANCISCO."IN ADDITION TO ITS OUTSTANDING LINE-UP, THE SFJAZZ COLLECTIVE HAS BEEN PRAISED FOR ITS INNOVATIVE APPROACH TO REPERTOIRE. EACH YEAR, THE ENSEMBLE PERFORMS AN ENTIRELY NEW LIST OF WORKS, CONSISTING OF COMPOSITIONS BY A MODERN JAZZ MASTER AND NEW PIECES BY THE COLLECTIVE MEMBERS (COMMISSIONED BY SFJAZZ). THROUGH THIS PIONEERING APPROACH, SIMULTANEOUSLY HONORING JAZZ'S RECENT HISTORY WHILE CHAMPIONING THE MUSIC'S UP-TO-THE-MINUTE DIRECTIONS, THE COLLECTIVE EMBODIES SFJAZZ'S ORGANIZATIONAL COMMITMENT TO JAZZ AS A LIVING, EVER-CHANGING, AND EVER-RELEVANT ART FORM.TO CULTIVATE ITS DISTINCTIVE SOUND, THE SFJAZZ COLLECTIVE CONVENES IN SAN FRANCISCO EACH SPRING FOR A MULTI-WEEK RESIDENCY. THROUGHOUT THIS EXTENDED REHEARSAL PERIOD-A RARITY IN TODAY'S JAZZ-THE OCTET WORKSHOPS THE SEASON'S NEW REPERTOIRE AND INTERACTS WITH THE BAY AREA COMMUNITY THROUGH SFJAZZ'S EDUCATION PROGRAMS FOR YOUTH AND ADULTS. THE COLLECTIVE THEN TAKES TO THE PERFORMANCE STAGE, INCLUDING HOME SEASON CONCERTS UNDER THE AUSPICES OF THE SFJAZZ SPRING SEASON AND A NATIONAL AND INTERNATIONAL TOUR, WITH STOPS IN A NUMBER OF THE WORLD'S MOST PROMINENT CONCERT HALLS. 58409 42100 SFJAZZ SUMMERFEST IS THE ORGANIZATION'S ANNUAL SERIES OF FREE OUTDOOR CONCERTS, FEATURING EVENTS FROM JULY THROUGH SEPTEMBER IN PARKS AND COMMERCIAL CENTERS THROUGHOUT THE BAY AREA. LOCATIONS INCLUDE UNION SQUARE, LEVI'S PLAZA, STANFORD SHOPPING CENTER. SFJAZZ FREE OUTDOORS SHOWCASES LOCAL MUSICIANS IN NOON-TIME OR LATE AFTERNOON CONCERTS ALL FREE AND OPEN TO THE PUBLIC, DISPLAYING A WIDE ARRAY OF STYLES, FROM STRAIGHT-AHEAD JAZZ, TO LATIN RHYTHMS, SWING, BLUES, AND VOCALS. 58409 42100 4329106 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 432 0 1 56 1 0 0 0 0 0 1 1 0 0 0 0 X 29 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X KAREN CHRESTON 4153980341 3 EMBARCADERO CENTER SAN FRANCISCO CA 94111 ROBERT MAILER ANDERSON 10.00 X 0 0 0 STEVEN BELL 5.00 X X 0 0 0 BILL BOWES 2.00 X 0 0 0 SAM BRITTON 1.00 X 0 0 0 SHONA BROWN 5.00 X 0 0 0 WILLIE BROWN 1.00 X 0 0 0 CHARLES CHARNAS 2.00 X X 0 0 0 TIM DATTELS 3.00 X 0 0 0 DAVID DRUMMOND 1.00 X 0 0 0 KATE DUHAMEL 2.00 X 0 0 0 KYLE GOLDMAN 2.00 X 0 0 0 DANIEL HANDLER 2.00 X 0 0 0 DEL ANDERSON HANDY 5.00 X 0 0 0 BRIAN HOLLINS 3.00 X 0 0 0 JIMMY HORMEL 2.00 X 0 0 0 BANNUS HUDSON 3.00 X 0 0 0 ROBERTA KATZ 3.00 X 0 0 0 JAMES MANYIKA 2.00 X 0 0 0 MICHAEL MAUZE 3.00 X 0 0 0 JAMES MCELWEE 5.00 X X 0 0 0 NION MCEVOY 3.00 X 0 0 0 ANDY RUMER 5.00 X 0 0 0 SRINIJA SRINIVASAN 10.00 X X 0 0 0 GREG STERN 3.00 X 0 0 0 SANJAY VASWANI 3.00 X 0 0 0 THURMAN WHITE 3.00 X 0 0 0 MARK ZITTER 5.00 X 0 0 0 RANDALL KLINE 50.00 X X 190727 0 13454 FELICE SWAPP 50.00 X X 192890 0 6578 KEVIN CAUSEY 50.00 X 144403 0 3926 MICHAEL CHARLASCH 50.00 X 105828 0 11576 633848 0 35534 4 0 1 0 MARK CAVAGNERO ASSOCIATES 1045 SANSOME STREET SUITE 200 SAN FRANCISCO CA 94111 ARCHITECT 1825713 HATHAWAY DINWIDDIE 275 BATTERY STREET SUITE 300 SAN FRANCISCO CA 94111 GENERAL CONTRACTOR 539020 SAN FRANCISCO PERFORMING ARTS CENTER FND 401 VAN NESS AVENUE 110 SAN FRANCISCO CA 94102 PERFORMANCE VENUE 205936 SRM ASSOCIATES 1070 MARINA VILLAGE PKWY 200 ALAMEDA CA 94501 PROJECT MANAGEMENT 196861 KPM CONSULTING LLC 2332 FIFTH ST BERKELEY CA 94710 PROJECT MANAGEMENT 105341 6 352580 195200 19920429 22815 20468209 EVENTS AND PROGRAMS 711130 3119912 3119912 3119912 223986 223986 103969 196870 -92901 -92901 -92901 4290062 3947960 19687 342102 -19687 322415 322415 499817 352580 329295 170522 170522 57461 18923 38538 38538 OTHER REVENUE 900099 953 953 953 24251634 3119912 0 663513 703515 200256 279160 224099 1443386 759838 302573 380975 14952 6747 4015 4190 97111 43820 26076 27215 159816 72114 42914 44788 88229 62409 15593 10227 6891 67 6824 60544 60544 34000 34000 1771272 1719482 24180 27610 523506 523212 2 292 271756 18815 195022 57919 115730 812 107695 7223 41627 41433 194 251967 251967 217123 173687 29906 13530 4496 4496 55355 55355 38072 38072 CAMPAIGN & FACILITY EXP 565547 565547 EVENT RELATED EXPENSES 542222 506376 1079 34767 EQUIPMENT RENTALS 135500 135500 OTHER EXPENSE 126590 64538 34768 27284 7269207 4329106 1480435 1459666 316905 739320 334669 10531536 15866316 83525 46381 28335 28111 107292 198010 12660639 449270 9064551 12211369 48818 0 8572317 17180320 28753279 46604496 517820 860920 236490 381192 750000 600000 1504310 1842112 X -653511 -497388 22476780 39833872 5425700 5425900 27248969 44762384 28753279 46604496 X 16982427 530988 X X 0 1 1 X 0 X 2732302 3890063 2366916 3917547 20468209 33375037 2203903 3422013 2749856 2777740 3119912 14273424 4936205 7312076 5116772 6695287 23588121 47648461 338627 1994100 488857 802865 3657841 7282290 0 338627 1994100 488857 802865 3657841 7282290 40366171 162464 721746 420601 376266 327955 2009032 162464 721746 420601 376266 327955 2009032 496386 868543 66016 953 1431898 5098669 8530208 6405916 7137569 23917029 51089391 0.79010 0.76830 0.03930 0.06190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5880317 200 742775 300000 6323292 5301579 578738 5880317 6759527 100 -1376065 81983 5301579 0.00980 0.85810 0.13210 0 0 5896183 5896183 24390 24390 514237 448016 66221 6225829 1254 6224575 12211369 TIFF FUNDS 5595247 F MUTUAL FUNDS 11585073 F 17180320 LINE OF CREDIT 600000 600000 24251634 7269207 16982427 530988 530988 17513415 25563837 530988 216440 747428 24816409 -564775 -564775 24251634 8050422 216440 564775 781215 7269207 0 7269207 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: SFJAZZ HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED, TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND IS EXEMPT FROM CALIFORNIA FRANCHISE TAXES UNDER REVENUE AND TAXATION CODE SECTION 23701(D). SFJAZZ IS THE SOLE MEMBER OF SFJ PROPERTIES, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY. SFJAZZ FOLLOWS THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ISSUED BY FASB ASC TOPIC 740. AS OF JUNE 30, 2011, MANAGEMENT EVALUATED SFJAZZ'S TAX POSITIONS AND CONCLUDED THAT SFJAZZ HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. SFJAZZ IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL OR STATE AUTHORITIES FOR THE YEARS BEFORE FISCAL YEAR ENDED 2008. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -18,923. SPECIAL EVENTS EXPENSE -329,295. RENTAL EXPENSE -196,870. LOSS ON ABANDONMENT -19,687. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 18,923. SPECIAL EVENTS EXPENSE 329,295. RENTAL EXPENSE 196,870. LOSS ON ABANDONMENT 19,687. X 1 DIRECT LINE TECHNOLOGIES 1600 N CARPENTER RD BLDG D MODESTO CA 95351 MEMBERSHIP DRIVE 0 27260 34000 -6740 27260 34000 -6740 SF JAZZ GALA 852397 352580 499817 329295 852397 352580 499817 329295 329295 170522 X X 0 0 0 0 0 0 0 0 0 RANDALL KLINE 190727 0 0 0 0 0 4875 0 8579 0 204181 0 0 0 FELICE SWAPP 192890 0 0 0 0 0 3047 0 3531 0 199468 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 HOOD & STRONG WILL FORWARD THE COMPLETED FORM 990 TO SFJAZZ'S CONTROLLER, WHO WILL THEN FORWARD THE FORM 990 TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE FORM 990. BOARD MEMBERS WERE ENCOURAGED TO REVIEW THE FORM 990 AND TO FORWARD THEIR QUESTIONS TO THE CONTROLLER. EITHER THE CONTROLLER OR THE ACCOUNTING FIRM ADDRESSED THE QUESTIONS FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH COVERED PERSON HAS TO DISCLOSE ANY CONFLICT OF INTEREST. FAILURE TO MAKE THE REQUIRED DISCLOSURE WILL BE SUBJECTED TO DISCIPLINARY AND CORRECTIVE ACTION, UP TO AND INCLUDING REMOVAL. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS OF DETERMINING COMPENSATION INCLUDES BOARD DISCUSSION IN EXECUTIVE SESSION, SURVEY OF OTHER ARTS ORGANIZATION FOR COMPARISON, AND VOTE AND APPROVAL BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DISTRIBUTES ITS FINANCIAL STATEMENTS, CONFLICTS OF INTEREST AND GOVERNING DOCUMENTS TO ANY PERSON OR ENTITY THAT HAS REQUESTED IT. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 530,988. THE ROLE OF THE AUDIT COMMITTEE FORM 990, PART XII, LINE 2C THE ROLE AND PROCESS OF THE AUDIT COMMITTEE HAVE NOT CHANGED FROM THE PRIOR YEAR. SFJ PROPERTIES LLC 20 CALIFORNIA ST STE 500 SAN FRANCISCO CA 94111 942990335 REAL ESTATE CA -112588 12498519 N/A