Organizing educational opportunities and cultural events

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $77K a year · 22% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $29K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$500K
98% of total assets
Concern: liabilities are 98% of assets; over 80%.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$317K
+369% vs prior year
Spent
$351K
To programs
99%
Net assets
$10K
By yearFY2021–FY2024
Revenue
$317K
FY2022▲ +369%
Tap a bar for its year
Revenue by fiscal year
FY2021$67K
FY2022$317K
FY2023$334K
FY2024$398K
Expenses
$351K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022$351K
FY2023$391K
FY2024$539K
Net assets
$10K
FY2022▼ -78%
Tap a bar for its year
Net assets by fiscal year
FY2021$44K
FY2022$10K
FY2023−$47K
FY2024−$188K

From the FY2022 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $349K Management & general 1% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A
See S16 executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Organizes educational programs and cultural events to enrich communities.

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Provided by the organization

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3 programs · $349K · in their own filed words · FY2022
01

Luna the artcrane is a multi-year project to create a unique art vehicle representing the s16 organization at burning man and other events.

$256Kprogram expense
02

S16 is an organization dedicated to organizing educational programs and cultural events that enhance entrepreneurial skills and foster strong relationships among founders.

$93Kprogram expense
03

Annual planning, management, and fundraising for s16 participation in burning man, serving members dedicated to representing the organization and its culture at the event.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$29K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$317K
Ln 12
Gifts and grantsLn 1h$256K
Fees for servicesLn 2g$61K
Money outPt IX
$351K
Ln 25
Programscol B$349K
Managementcol C$2K
Owns and owesPt X
$10K
net assets · Ln 32
Cash and savingsLn 1–2$29K
Total assetsLn 16$510K
LiabilitiesLn 26$500K
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$256K
Fees for servicesLn 2g$61K
Total revenueLn 12$317K
Assets in detailPt X, end of year
CashLn 1$29K
Cash and savings togetherLn 1–2$29K
Land, buildings, equipmentLn 10c$481K
Total assetsLn 16$510K
LiabilitiesLn 26$500K
Net assetsLn 32$10K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$44K$29K
Land, buildings, equipmentLn 10c$481K
Total assetsLn 16$44K$510K
LiabilitiesLn 26$0$500K
Net assetsLn 32$44K$10K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$768$768
Other fees for servicesLn 11g$234K$234K
Office expensesLn 13$250$250
Information technologyLn 14$8K$8K
TravelLn 17$14K$14K
Conferences, conventions and meetingsLn 19$72K$72K
Depreciation, depletion and amortizationLn 22$21K$21K
InsuranceLn 23$908$908
Total functional expensesLn 25$351K$349K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $398K$539K−$141K−$188K 990 PDF
FY2023 $334K$391K−$57K−$47K 990 PDF
FY2022 Viewing $317K$351K−$34K$10K 990 PDF
FY2021 $67K$44K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $316,851 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $51,740$255,535
I-9 Program service revenuePrior year $15,750$61,316
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $67,490$316,851
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $23,611$350,874
I-18 Total expensesPrior year $23,611$350,874
I-19 Revenue less expensesPrior year $43,879−$34,023
Part VI · Governance 2 of 2 board members independent, 2 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $316,851 across 4 lines filed
VIII-1f All other contributions, gifts and grants$255,535
VIII-1h Total contributions, gifts and grants$255,535
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $61,316$61,316
VIII-12 Total revenueRelated to mission $61,316$316,851
Part IX · Statement of functional expenses $350,874 across 8 lines filed
IX-11b Legal feesManagement $768$768
IX-11g Other fees for servicesPrograms $233,877$233,877
IX-13 Office expensesManagement $250$250
IX-14 Information technologyPrograms $7,801$7,801
IX-17 TravelPrograms $13,985$13,985
IX-19 Conferences, conventions and meetingsPrograms $72,440$72,440
IX-22 Depreciation, depletion and amortizationPrograms $20,845$20,845
IX-23 InsuranceManagement $908$908
IX-25 Total functional expensesPrograms $348,948 · Management $1,926 · Fundraising $0$350,874
Part X · Balance sheet $509,856 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $43,879$29,334
X-10c Land, buildings and equipment, net$480,522
X-16 Total assetsStart of year $43,879$509,856
X-26 Total liabilitiesStart of year $0$500,000
X-27 Net assets without donor restrictionsStart of year $43,879$9,856
X-32 Total net assets or fund balancesStart of year $43,879$9,856
X-33 Total liabilities and net assetsStart of year $43,879$509,856
Part XI · Reconciliation of net assets $9,856 net assets at year end
XI-1 Total revenue$316,851
XI-2 Total expenses$350,874
XI-3 Revenue less expenses−$34,023
XI-4 Net assets at start of year$43,879
XI-10 Net assets at end of year$9,856

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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