Somarts FY2020 filing
Connects Bay Area communities with artists to promote inclusion, respect, and civic engagement through art. For fiscal year 2020 it reported $1.8M in revenue, $1.9M in expenses, and $771K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Arts & Culture
- Location
- San Francisco, CA
- Website
- www.somarts.org
- Filings
- 6 on file (2020–2020)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Maria Jenson’s $120K as Exec Director is at the 47th percentile of top reported officer pay among 3917 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Sharaya Souza | — | — | $120,000 | $103,872 | — | — |
| Maria Jenson | $119,806 | $116,327 | $108,629 | $104,257 | $96,423 | $97,893 |
| Robert Goldfarb | $106,748 | $109,009 | $115,730 | — | — | — |
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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Where the work happens
Affordable Space ProgramOver 90 events and 60 nonprofit partners were provided space and support services at below-market rates during the fiscal year ended June 30, 2020.
Fiscal SponsorshipsSOMArts provides fiscal sponsorships for various artists and emerging organizations, which includes access to funding for short-term projects. These artists and organizations receive free access to monthly professional development workshops, grant-writing assistance, and an annual one-on-one consultation.
Exhibition Programs (Gallery)SOMArts produces and supports a dynamic range of exhibitions in support of its mission to promote art on the community level and foster an appreciation of and respect for all cultures.
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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 | 71% | — | — |
| Overhead ratio | 27% | — | — |
| Fundraising cost ratio | 3% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0.5% | — | — |
| Accounting fee ratio | 1% | — | — |
| 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
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Filings & Schedule Manifest
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Sources
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