Galeria Studio 24

Nonprofit profile at a glance

EIN
942495604
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-EZ 2019
Location
San Francisco, CA, USA
Phone
4158268009
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Official website

Reported finances

Revenue
$1,814,748
Expenses
$1,242,133
Assets
$1,892,618
Liabilities
$95,568

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Roberto Gutierrez Varea (Vice President)
  • Francisco Buchting (President)

Highest reported compensation

  • Ana Rivera (Executive Dir.): $180,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Galeria's mission is to foster public awareness and appreciation of Chicano/Latino art. Galeria sees itself as a laboratory where emerging and established artists explore contemporary issues in Latino art, culture and civic society. Galeria's programs and activities include visual art exhibitions and multi-disciplinary public events; ReGeneration, a mentorship program for emerging artists.

What it reported doing in 2024

Audiences More than 16,000 people attend our annual programs: at least 50% are under 35 years of age and approximately two-thirds are Latinos.VISUAL ARTS EXHIBITIONS: Galera organizes a series of 5 or 6 exhibitions annually presenting local, national and international Latino artists. Number served: 14,000 The Visual Arts project focuses equally on presenting emerging, mid-career and establised Latino artists. Galeria's large-scale multidiciplinary exhibitions reflect the organization's willingness to take artistic risks. These exhibits present Latino visual artists employing a balance of various media to address a specific issue. Their works are contextualized through a series of performances, film screenings, lectures and artists panels.THE REGENERATION PROJECT: The ReGeneration Project is a constantly-evolving Galera program involving young Latino artists (ages 18-35). The Project negotiates a strongly reciprocal relationship between the Galera and young artists, offering numerous career development opportunities for the artists, while continuously re-juvenating the organization with the energy and fresh ideas of youth. Number served: 350 LA LUNADA: This is the Bay Area's only Latino literary lounge, which takes place every month on the night of the full moon. Each event features 2 or 3 guest poets and an open-mic.Number served: 1400COLLECTIONS: Galera la Raza's organizational records are archived by the Department of Special Collections of the Davidson Library as a discrete collection named Galera la Raza Archives. The collection consists of records such as slides, photographs, audio, digital, video and film documentation of the Galera de la Raza, exhibition and programming files, Galera publications, graphic prints and posters, correspondence and business files. The archives are part of Proyecto Caridad, a project of the California Ethnic and Multicultural Archives of the Library at the University of California, Santa Barbara. The primary focus of Proyecto Caridad is to collect, organize, duplicate, and catalog the many slides of paintings, posters, murals, sculptures and other activities of Chicano artists represented in the archival collections of four of the major Chicano cultural art centers in California. The resulting slide library is being made available for study and research at the UC Santa Barbara Library. Number served: n/a

Operating model

Revenue model
Grant-funded. 79% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 65
  • Accountability: 67
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58.2%; rating input score 58
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: $37.92 raised per $1 spent on fundraising; rating input score 73; 73rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 21st percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 31.6%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 1.52; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 14.5%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 11.2% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 18.1% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 22.9% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 58.2% of revenue deployed · 85% of spending went to programs
  • Governance: 7 of 8 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $180K · 8 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Financial Efficiency: Mission deployment rate scored 58/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.