Side Street Projects EIN 95-4395168 Form 990 (PDF) Claim this org

Side Street Projects FY2021 filing

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Empowers artists of all ages with resources and community-led programs for creative growth and well-being. For fiscal year 2021 it reported $609K in revenue, $300K in expenses, and $519K in net assets.Pt I

Founded
1993
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Pasadena, CA
Website
www.sidestreet.org
Filings
4 on file (2021–2021)
Revenue
$609KFY2021
Expenses
$300K
Net assets
$519K
People
8
Filings
4
Updates
0
More identity details & actions ⌄
EIN  95-4395168 Public charity (501(c)(3)) Pasadena, CA Founded 1993
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Empowers artists of all ages with resources and community-led programs for creative growth and well-being.
Leadership
Emily Hopkins · Executive Dir. · $61K
Money in and out
$609K revenue, $300K expenses
Bottom line
82% program efficiency
Where the money goes · FY2021
Total revenue
$609K
Pt VIII · Ln 12
Total expenses
$300K
Pt IX · Ln 25
Net assets
$519K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $309K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.16 Fundraising $0.02
Program efficiency
82%
of spending reaches programs
Operating runway
13.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+51%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$609K
FY2021
Expenses
$300K
FY2021
Total assets
$574K
FY2021
Total liabilities
$55K
FY2021
Total revenue
$609K
Pt VIII · Ln 12
Total expenses
$300K
Pt IX · Ln 25
Net assets
$519K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$309K
Total assetsPt X · Ln 16$574K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSide Street Projects
EINHdr · item D95-4395168
Principal addressHdr · item CPasadena, CA
WebsiteHdr · item Jwww.sidestreet.org
Year of formationHdr · item L1993
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A99Z)
Ruling yearIRS BMFNov 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
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 (FY2020); the FY2021 filing did not itemize Part VII
Executive Dir.
$60,550Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Emily Hopkins’s $79K as Executive Director is at the 17th 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 · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Emily Hopkins$79,352$76,076$73,450$65,600$60,550

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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Mission & Programs · Part III

Where the work happens

2 program services account for $244K of program spending, described in the organization's own filed words · FY2020.
01

Code 61170 School Programs

Youth education: our 2ND grade public art curriculum serves all 2ND graders in pasadena unified school district. First students tour the public art in pasadena's civic center, and then our teaching artists go into the classroom to facilitate a collaborative public art piece created by the students.

$171Kprogram expense
02

Code 90099 artist programs we present an average of four community based artist projects each year on-site, and off site in collaboration with community partners and government agencies. We connect artists directly to communities through free artist led skill shares and workshops at community events and in collaboration with community…

$73Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$568K · 93%
Other revenue$41K · 7%
Contributions & grants93%$568K
Other revenue7%$41K
Investment income$13
— government grantsLn 1e$197K
Total revenueLn 12$609K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.16 Fundraising $0.02
Program services82%$244K
Management & general16%$48K
Fundraising2%$7K
Total functional expensesLn 25$300K

Balance Sheet

Part X · end of year
CashLn 1$314K
Total assetsLn 16$574K
Total liabilitiesLn 26$55K
Total net assetsLn 32$519K
Months of cash on handcomputed12.6

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $314K · Operating expenses (Pt IX) $300K · Less non-cash grants $12K · Cash operating expenses/yr $288K
13.1 months
Where the money goes
Program services
Program services $244K · Total expenses $300K
82%
Management & General
Management & general $48K · Total expenses $300K
16%
Fundraising
Fundraising $7K · Total expenses $300K
2%
Cost to raise $1
Fundraising expense $7K · Solicited contributions $371K
$0.02 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $568K · Total revenue $609K
93%
Government reliance
Government grants $197K · Total revenue $609K
32%
Earned-income share
Program service revenue $0 · Total revenue $609K
0%
Investment reliance
Investment income $13 · Total revenue $609K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $300K
0%
Growth & trend
Revenue growth (YoY)
This year $609K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $519K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $609K · Expenses $300K
+51%
Liabilities-to-Assets
Total liabilities — · Total assets $574K
Net-asset ratio
Net assets $519K · Total assets $574K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $574K
0%
People & payroll
Highest Reported Total Compensation
Individual Emily Hopkins · Reported title Executive Dir. · Highest reported compensation $61K · Total expenses $300K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $217K · Total expenses $300K
72%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 16%
Fundraising cost ratio 1%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
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 · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$30K

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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
FY2024$464K revenue · ⤓ 990 PDF
FY2023$371K revenue · ⤓ 990 PDF
FY2022$455K revenue · ⤓ 990 PDF
FY2021$609K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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