False Profit INC
Promotes cultural growth via art, music, and education. For fiscal year 2024 it reported $363K in revenue, $297K in expenses, and $179K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Arts & Culture
- Location
- San Francisco, CA
- Website
- pricelessfestival.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
Priceless Festival
Annual Arts and musical festival features musical performances by local and international community artists. Featured artists are provided grants to product interaction installation artwork and educational experiences during the festival.
Spring Training
A free family friendly 1 day long outdoor event featuring local musicians donating their time and performances. This event took place in Oakland California in May 2024, and is 100% volunteer operated and donation funded. Approximately 500 participants/attendees.
Equity Monthly Community Gathering
A free monthly community gathering hosted at local businesses, featuring community musicians donating their time and performance. This is 100% volunteer operated and donation funded. Approximately 70 participants/attendees.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 73% | — | — |
| Overhead ratio | 27% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 33% | — | — |
| Legal fee ratio | 20% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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