Program areas at False Profit
False Profit held two events in 2023, Spring Training and Priceless Festival. Spring Training is a free community art and music 1 day outdoor event at Joaquin Miller Park, in Oakland, CA highlighting local SF Bay Area Musicians and visual artists. This was an all ages event where False Profit Inc also hosted community member led enrichment programs around local grassroots issues, like building a Consent Culture and Sustainability in Art. Priceless Festival is a 4 day outdoor Art and Music Festival at the Belden Town resort and lodge, July 4 -7. This all volunteer sourced event highlights a wide range of musical and visual artists from the SF bay area and internationally. Following False Profit Incs culture of increasing exposure to independent grassroots art and education, the event featured 70 independent creators/artists as well as education programs ranging from art, interpersonal communication, fitness, mental health, ecology, and conservation.
Grants made by False Profit
| Grantee | Grant description | Grant year | Amount |
|---|
| Phage | Charitable Operations | 2020-12 | $26,040 |
Personnel at False Profit
| Name | Title | Compensation | Date of data |
|---|
| Sasha Yee | Treasurer | $0 | 2023-07-27 |
| Jef Pearlman | Secretary | $0 | 2022-12-31 |
| Carrie Brown | President | $0 | 2022-12-31 |
Financials for False Profit
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $17,550 | $6,373 | 175.4% |
| Program services | $255,045 | $142,320 | 79.2% |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | | - |
| Royalty revenue | $0 | | - |
| Net rental income | $0 | | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | | - |
| Net income from gaming activities | $0 | | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $272,595 | $148,693 | 83.3% |
Organizations like False Profit
| Organization | Type | Location | Revenue |
|---|
| Georgia Music Foundation | 501(c)(3) | Macon, GA | $291,935 |
| Breukelein Institute | 501(c)(3) | Brooklyn, NY | $145,850 |
| The Bisbee Foundation | 501(c)(3) | Bisbee, AZ | $222,722 |
| The Anna Mirabai Lytton Foundation | 501(c)(3) | Amagansett, NY | $85,222 |
| The Philip Cuomo Family Foundation | 501(c)(3) | Winter Springs, FL | $450,616 |
| Bisemi Foundation | 501(c)(3) | Oakland, CA | $205,000 |
| Friends of the School of the Arts Fnd | 501(c)(3) | San Francisco, CA | $123,562 |
| Briggs-Delaine-Pearson Foundation | 501(c)(3) | Summerton, SC | $79,508 |
| Anthony Quinn Foundation | 501(c)(3) | Bristol, RI | $152,767 |
| The Palm Beach Foundation | 501(c)(3) | Palm Beach, FL | $121,608 |
Data update history
November 25, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
August 24, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
September 11, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsCharities
Issues
Arts, cultural, and humanities
Characteristics
Tax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 584 Castro St 2293
- San Francisco, CA 94114
- Metro area
- San Francisco-Oakland-Berkeley, CA
- County
- San Francisco County, CA
- Website URL
- pricelessfestival.org/Â
- Phone
- (415) 993-2678
IRS details
- EIN
- 46-5723196
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2014
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- A20: Arts, Cultural Organizations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current - Awaiting Reporting
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0209518
- FTB Entity ID
- 3677975
- AB 488 data last updated ("as-of") date
- 2024-10-16
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