The Ghiberti Foundation Dba Ghiberti Center for Culture

What it reported doing in 2024

Artist in Residence: The Ghiberti Foundation is committed to new arts initiatives, as embodied by itsArtist in Resident program. The Ghiberti Foundation provides world class artistswith opportunities to create new works, allowing artists both a venue and a paidopportunity to create. Launched in 2012, artists in residence include playwrightand actress Anna Deavere Smith; visual artist Anne Patterson; light and soundartists Elaine Buckholtz and Floor van de Velde; video artists Jim Campbell andBenjamin Bergery (their installation, entitled "Jacob's Dream: A Luminous Path,"is still on view in the cathedral); spoken word poet Sarah Kay; visual artistSukey Bryan (one of her works, The Great Hawk Mobile, is still on view at theCathedral School for Boys); internationally-celebrated choreographer Alonzo King; New York and Paris-based participatory installation artist Lee Mingwei; and in 2024, hula master Patrick Makuakane.Art Exhibits at Grace Cathedral: The Ghiberti Foundation produces art exhibits and accompanying programs at various times throughout the year, with the intent of offering a variety of ways to experience art at Grace Cathedral. Ongoing and past exhibits include Unearthed by Jim Hodges, Les Colombes by Michael Pendry, the AIDS Memorial Quilt, the Rainbow World Fund World Tree of Hope, and in 2024, the hand-painted Grace Cathedral Termesphere by Dick Termes and the monumental 2000 Dragons by Don Ed Hardy.Performance at Grace Cathedral: The Ghiberti Foundation produces TILT, an intimate annual concert taking place in Grace Cathedral on the summer solstice, with the goal of celebrating light and beautiful music in a sacred space.Public Conversation: The Forum at Grace Cathedral, produced by The Ghiberti Foundation, is a centralplank of the cathedral's expansive education program and its commitment to hostingpublic discussions and civic conversations for the city of San Francisco and widerBay Area community. The Forum promotes the open discussion of ideas about faithand ethics in relation to the issues of our day. It hosts interviews with leadingpublic figures and panel discussions with politicians, artists, writers, scientists, musicians, theologians and many others. It collaborates with theleading cultural institutions and universities of the Bay Area to bring the mostinnovative and interesting thinkers to our public space.Education: The Ghiberti Foundation provides support to The Community Preschool, GraceCathedral, which serves low-income families by offering one-third of itsenrollment a full scholarship to the families in the Tenderloin neighborhood ofSan Francisco and sliding scale tuition to another third of its students.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 94.6%; rating input score 95

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100

Sustainability

• Operating margin: -73.6%; rating input score 10; 10th percentile among comparable filings
• Total-asset coverage ratio: 0.85; rating input score 42; 42nd percentile among comparable filings
• Liabilities to assets ratio: 0.15; rating input score 15; 15th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

• Program expense growth: -11.8% per year; rating input score 0; 25th percentile among comparable filings
• Revenue growth: 2.9% per year; rating input score 100; 64th percentile among comparable filings
• Asset growth: -3.7% per year; rating input score 0; 27th percentile among comparable filings