Zero1 - The Art And Technology Network
- Assets
- $95.3k
- Revenue
- $226.0k
- Investments
- $0.0
- Employees
- 2
- Location
- San Francisco, CA
- Founding
- 09/2000
- Data as of
- 06/2022
- EIN
- 77-0534962
Organization Overview
Zero1 - The Art And Technology Network is located in San Francisco, CA. The organization was established in 2000. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Zero1 - The Art And Technology Network employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zero1 - The Art And Technology Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Zero1 - The Art And Technology Network generated $226.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $257.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ZERO1 IS A NONPROFIT ARTS ORGANIZATION THAT AIMS TO ADDRESS COMPLEX SOCIAL CHALLENGES BY PRODUCING COMMUNITY-DRIVEN EMERGING MEDIA AND DIGITAL ART PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE FY21-22 FISCAL YEAR, WE PRODUCED THREE INTERNATIONAL EXCHANGES AND A LOCAL EQUIPMENT LENDING LIBRARY PROGRAM. CREATIVE IMPACT LAB CAIRO WAS A FIVE-WEEK VIRTUAL EXCHANGE PRODUCED IN PARTNERSHIP WITH MEDRAR WITH SUPPORT FROM U.S. EMBASSY CAIRO, SERVING 18 LOCAL PARTICIPATING ARTISTS LED BY A U.S. LEAD ARTIST. CREATIVE IMPACT LAB AMMAN WAS A SIX-WEEK HYBRID EXCHANGE PRODUCED IN PARTNERSHIP WITH IDARE FOR SUSTAINABLE DEVELOPMENT WITH SUPPORT FROM U.S. EMBASSY AMMAN, SERVING 19 PARTICIPANTS LED BY A U.S. LEAD ARTIST. IMPACT ART AT WAS A LOCAL EXCHANGE PRODUCED IN PARTNERSHIP WITH GRAY AREA THAT SERVED 7 BAY AREA ARTISTS LED BY AN AUSTRIAN EXCHANGE ARTIST. OUR GRAND CREATIVE RESOURCE LIBRARY WAS LAUNCHED IN PARTNERSHIP WITH GRAY AREA AND CROWBAR CORNER SERVED AN INITIAL 9 LOCAL ARTIST LENDERS BEFORE THE END OF THE FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shamsher Virk Executive Dir. | Officer | 40 | $80,911 |
Andrea Cunningham Board Chair | OfficerTrustee | 2 | $0 |
Gordon Knox Treasurer | OfficerTrustee | 2 | $0 |
Anna Sidana Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $204,086 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,280 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $224,366 |
| Total Program Service Revenue | $850 |
| Investment income | $766 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $225,982 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,007 |
| Compensation of current officers, directors, key employees. | $17,401 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,260 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,445 |
| Payroll taxes | $9,553 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,383 |
| Advertising and promotion | $830 |
| Office expenses | $7,093 |
| Information technology | $4,829 |
| Royalties | $0 |
| Occupancy | $1,189 |
| Travel | $19,852 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,848 |
| Insurance | $9,874 |
| All other expenses | $0 |
| Total functional expenses | $257,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,269 |
| Savings and temporary cash investments | $27,471 |
| Pledges and grants receivable | $14,763 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,772 |
| Net Land, buildings, and equipment | $15,072 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $95,347 |
| Accounts payable and accrued expenses | $21,347 |
| Grants payable | $0 |
| Deferred revenue | $57 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $35,000 |
| Total liabilities | $56,404 |
| Net assets without donor restrictions | $38,943 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $95,347 |