Commonwealth Club Of California
- Assets
- $34.0m
- Revenue
- $9.2m
- Investments
- $0.0
- Employees
- 62
- Location
- San Francisco, CA
- Founding
- 04/1938
- Data as of
- 06/2020
- EIN
- 94-0399260
Organization Overview
Commonwealth Club Of California is located in San Francisco, CA. The organization was established in 1938. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2021, Commonwealth Club Of California employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commonwealth Club Of California 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 06/2020, Commonwealth Club Of California generated $9.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $8.6m during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE LEADING NATIONAL FORUM OPEN TO ALL FOR THE IMPARTIAL DISCUSSION OF IMPORTANT PUBLIC ISSUES THAT AFFECT MEMBERSHIP, COMMUNITY, AND THE NATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAMS - THE CLUB PROVIDES A FORUM WHERE THE NATION'S AND THE WORLD'S "THOUGHT LEADERS" ADDRESS CLUB MEMBERS AND THE GENERAL PUBLIC. THE TOPICS INCLUDE POLITICS, CULTURE, ECONOMICS, BUSINESS AND FOOD TO NAME A FEW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Gloria Duffy Director | Trustee | 5 | $0 |
Nicholas C Leon Vice President | Officer | 40 | $159,474 |
Lauren D Silver Vice President | 40 | $131,174 | |
Kimberly A Maas Vice President | 40 | $119,532 | |
George Dobbins Vice President | 40 | $117,681 | |
Michelle Wood Vice President | 40 | $104,839 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gabriel Group Membership Correspondence | 6/29/20 | $323,933 |
Gabriel Group Membership Correspondence | 6/29/20 | $323,933 |
Patronmanager Software Platform Integration | 6/29/20 | $160,804 |
Patronmanager Software Platform Integration | 6/29/20 | $160,804 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,525,695 |
| Investment income | $121,432 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $861,814 |
| Net Gain/Loss on Asset Sales | -$8,594 |
| Net Income from Fundraising Events | -$68,321 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $42,482 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,226,534 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $785,779 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,987,647 |
| Pension plan accruals and contributions | $84,675 |
| Other employee benefits | $444,251 |
| Payroll taxes | $291,192 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,328 |
| Fees for services: Other | $319,825 |
| Advertising and promotion | $32,390 |
| Office expenses | $498,477 |
| Information technology | $252,187 |
| Royalties | $0 |
| Occupancy | $438,328 |
| Travel | $189,115 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,897 |
| Interest | $354,202 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $950,134 |
| Insurance | $120,740 |
| All other expenses | $0 |
| Total functional expenses | $8,604,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $714,266 |
| Savings and temporary cash investments | $1,972,005 |
| Pledges and grants receivable | $1,184,324 |
| Accounts receivable, net | $15,264 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,251 |
| Prepaid expenses and deferred charges | $190,387 |
| Investments—publicly traded securities | $3,247,955 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $34,005,907 |
| Accounts payable and accrued expenses | $540,392 |
| Grants payable | $0 |
| Deferred revenue | $612,393 |
| 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 | $5,813,125 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,388,149 |
| Total liabilities | $8,354,059 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $25,651,848 |
Grants Recieved
Over the last fiscal year, we have identified 32 grants that Commonwealth Club Of California has recieved totaling $1,507,391.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $593,935 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $150,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $110,000 |
Rock Foundation San Francisco, CA PURPOSE: CHARITABLE | $100,000 |
Travers Family Foundation Trust Lafayette, CA PURPOSE: GENERAL PURPOSE | $91,389 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Community Development | $68,302 |
Endowment Analysis
| Beg. Balance | $2,367,003 |
| Earnings | $342,089 |
| Ending Balance | $2,709,092 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oak Grove Institute Foundation Inc Murrieta, CA | $29,102,821 | $23,083,215 |
Taco Bell Foundation Inc Irvine, CA | $32,895,109 | $23,910,509 |
Albina Head Start Inc Portland, OR | $22,611,624 | $19,457,720 |
Orbis Cascade Alliance Portland, OR | $8,013,554 | $17,694,791 |
Albert Einstein Academies San Diego, CA | $21,189,771 | $17,379,077 |
Prospect Sierra School El Cerrito, CA | $31,201,283 | $16,565,547 |
Options Counseling Services Of Oregon Eugene, OR | $12,586,092 | $15,957,358 |
Transitions - Mental Health Association San Luis Obispo, CA | $15,943,493 | $14,891,475 |
International Myeloma Foundation Studio City, CA | $20,383,236 | $17,434,390 |
Open Networking Foundation Palo Alto, CA | $9,261,912 | $16,468,416 |
Sonoma Valley Community Health Center Sonoma, CA | $15,645,180 | $13,937,473 |
After-School All-Stars Los Angeles, CA | $10,011,535 | $13,148,528 |