Bay Area Creative Foundation EIN 83-3568849 Form 990 (PDF) Claim this org

Bay Area Creative Foundation FY2022 filing

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Celebrates and supports high school artists in the Bay Area through awards and community recognition. For fiscal year 2022 it reported $678K in revenue, $503K in expenses, and $186K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
San Rafael, CA
Filings
5 on file (2020–2022)
Revenue
$678KFY2022
Expenses
$503K
Net assets
$186K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-3568849 Public charity (501(c)(3)) San Rafael, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Celebrates and supports high school artists in the Bay Area through awards and community recognition.
Leadership
Lani Rovzar · Executive Dir. · $54K
Money in and out
$678K revenue, $503K expenses
Bottom line
64% program efficiency
Where the money goes · FY2022
Total revenue
$678K
Pt VIII · Ln 12
Total expenses
$503K
Pt IX · Ln 25
Net assets
$186K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $175K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.35 Fundraising $0.01
Program efficiency
64%
of spending reaches programs
Operating runway
4.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+26%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$678K
FY2022▲ ×514
Expenses
$503K
FY2022
Total assets
$190K
FY2022
Total liabilities
$4K
FY2022
Total revenue
$678K
Pt VIII · Ln 12
Total expenses
$503K
Pt IX · Ln 25
Net assets
$186K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$175K
Total assetsPt X · Ln 16$190K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $320K of program spending, described in the organization's own filed words · FY2021.
01

In 2022 through the BACF's free sole program, the Creative Youth Awards, $46,000 in cash awards were distributed to 235 high-school aged artists from across 9 Bay Area counties. In addition, all 558 submitting artists are showcased in our online Creative Gallery and received free year-long memberships to MasterClass to further their…

$320Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBay Area Creative Foundation
EINHdr · item D83-3568849
Principal addressHdr · item CSan Rafael, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFSep 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Dir.
$54,459Pt VII · Sec A
President
$0Pt VII · Sec A
Treas/Sec
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2020
Lani Rovzar$147,262$137,725$121,592$54,459
Melissa McLane$67,206
Kevin Marlatt$46,610

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$678K
Total revenueLn 12$678K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.35 Fundraising $0.01
Program services64%$320K
Management & general35%$176K
Fundraising1%$7K
Total functional expensesLn 25$503K

Balance Sheet

Part X · end of year
CashLn 1$190K
Total assetsLn 16$190K
Total liabilitiesLn 26$4K
Total net assetsLn 32$186K
Months of cash on handcomputed4.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $190K · Operating expenses/yr $503K
4.5 months
Where the money goes
Program services
Program services $320K · Total expenses $503K
64%
Management & General
Management & general $176K · Total expenses $503K
35%
Fundraising
Fundraising $7K · Total expenses $503K
1%
Cost to raise $1
Fundraising expense $7K · Solicited contributions $678K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $678K · Total revenue $678K
100%
Government reliance
Government grants — · Total revenue $678K
Earned-income share
Program service revenue $0 · Total revenue $678K
0%
Investment reliance
Investment income $0 · Total revenue $678K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $503K
0%
Growth & trend
Revenue growth (YoY)
This year $678K · Prior year $1K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $186K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $678K · Expenses $503K
+26%
Liabilities-to-Assets
Total liabilities — · Total assets $190K
Net-asset ratio
Net assets $186K · Total assets $190K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $190K
0%
People & payroll
Highest Reported Total Compensation
Individual Lani Rovzar · Reported title Executive Dir. · Highest reported compensation $54K · Total expenses $503K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $163K · Total expenses $503K
32%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 35%
Fundraising cost ratio 1.0%
Revenue growth ×514
Investment management fee ratio 0%
Legal fee ratio 0.6%
Accounting fee ratio 9%
Fundraising fee ratio 0%

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

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$1.1M
Grants paid · 8 grants · $439K · 2021–2024
Unitemized GrantFY2024$116,000
Unitemized GrantFY2024$20,700
Unitemized GrantFY2023$107,300
Unitemized GrantFY2023$17,250
Unitemized GrantFY2022$117,445
Unitemized GrantFY2022$10,420
Unitemized GrantFY2021$46,400
Unitemized GrantFY2021$3,600

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.1M revenue · ⤓ 990 PDF
FY2024$602K revenue · ⤓ 990 PDF
FY2023$600K revenue · ⤓ 990 PDF
FY2022$678K revenue · viewing · ⤓ 990 PDF
FY2021not on file
FY2020$1K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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