SAN FRANCISCO CONSERVATORY OF MUSIC Charity Report

Public IRS 990 nonprofit record

SAN FRANCISCO CONSERVATORY OF MUSIC

EIN 94-1156610 · Education (B430)

What they do

THE SAN FRANCISCO CONSERVATORY of MUSIC (SFCM) EDUCATES EXCEPTIONALLY TALENTED MUSICIANS FROM AROUND THE WORLD to BECOME ARTISTS of THE HIGHEST CALIBER, AS WELL AS MUSICAL CITIZENS PREPARED for THE CHALLENGES of THE TWENTY-FIRST CENTURY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $69.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.77%of revenue went to mission work69.8% of expenses · Program services

4.70%of revenue went to fundraising4.4% of expenses

$107.08spent for every $100 of revenueSpending was higher than revenue this year.

27.62%of revenue went to management and office costs25.8% of expenses

$6.26in assets for every $1 spent this yearSome assets cannot be spent right away.

27.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $4,157,231 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,585,997 for DAVID STULL (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$58,718,872

Mission workProgram services$43,902,11174.77% of revenue69.8% of expenses

ManagementOffice and general costs$16,215,85127.62% of revenue25.8% of expenses

FundraisingAsking for donations$2,758,1414.70% of revenue4.4% of expenses

Total expenses$62,876,103107.08% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 69.8% mission · 25.8% management · 4.4% fundraisingTotal expenses: 107.08% of revenue

2023Expense mix: 68.3% mission · 28.2% management · 3.4% fundraisingTotal expenses: 78.17% of revenue

2022Expense mix: 67.8% mission · 27.9% management · 4.4% fundraisingTotal expenses: 46.12% of revenue

2021Expense mix: 70.7% mission · 24.9% management · 4.4% fundraisingTotal expenses: 91.04% of revenue

2020Expense mix: 75.0% mission · 20.7% management · 4.3% fundraisingTotal expenses: 91.17% of revenue

2019Expense mix: 70.6% mission · 24.6% management · 4.7% fundraisingTotal expenses: 59.31% of revenue

2018Expense mix: 70.0% mission · 25.6% management · 4.4% fundraisingTotal expenses: 72.01% of revenue

2017Expense mix: 70.2% mission · 24.2% management · 5.5% fundraisingTotal expenses: 58.60% of revenue

Money in and money out

Revenue$58,718,872

Expenses$62,876,103

Annual shortfall $4,157,231 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$43,902,111 · 69.8% of expenses

Management and office costs$16,215,851 · 25.8% of expenses

Fundraising$2,758,141 · 4.4% of expenses

See all reported dollar amounts

Revenue$58,718,872

Expenses$62,876,103

Assets$393,454,900

Income$118,930,029

Contributions$16,107,358

Mission work (program services)$43,902,111

Fundraising$2,758,141

Management and general$16,215,851

Stocks and bonds$141,511,826

Accounting fees$152,578

Investing fees$462,815

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DAVID STULLPRESIDENT · 35 hrs/week $1,585,997Base $1,301,032 · Other $284,965

ELIZABETH GIUDICESSIVP OF ADM, MKT & PR (THRU 1/31/24) $373,250Base $370,799 · Other $2,451

REGINA LEEVP OF FINANCE AND ADMINISTRATION · 35 hrs/week $362,711Base $339,084 · Other $23,627

YOSHIKAZU NAGAICOLLEGIATE FACULTY · 35 hrs/week $320,904Base $278,237 · Other $42,667

SIMON JAMESCOLLEGIATE FACULTY · 35 hrs/week $302,496Base $266,417 · Other $36,079

JONAS WRIGHTPROVOST & VP OF ACADEMIC AFFAIRS · 35 hrs/week $276,540Base $262,815 · Other $13,725

DIMITRI MURRATHCOLLEGIATE FACULTY · 35 hrs/week $270,229Base $235,848 · Other $34,381

MICHAEL PELUSEASSOCIATE VP OF ADVANCEMENT · 35 hrs/week $244,908Base $232,734 · Other $12,174

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (33)

DAVID STULLPRESIDENT

ELIZABETH GIUDICESSIVP OF ADM, MKT & PR (THRU 1/31/24)

REGINA LEEVP OF FINANCE AND ADMINISTRATION

YOSHIKAZU NAGAICOLLEGIATE FACULTY

SIMON JAMESCOLLEGIATE FACULTY

JONAS WRIGHTPROVOST & VP OF ACADEMIC AFFAIRS

DIMITRI MURRATHCOLLEGIATE FACULTY

MICHAEL PELUSEASSOCIATE VP OF ADVANCEMENT

LOCK BINGHAMBOARD MEMBER

JEFFREY J GAOBOARD MEMBER

MARIA SHIMBOARD MEMBER

MARY POLANDBOARD MEMBER

MAURICE WERDEGARBOARD MEMBER

PAMELA RIGGBOARD MEMBER

PAYAM MIRRASHIDIBOARD MEMBER

PHILIP NICOLBOARD MEMBER

REBECCA-SEN CHANBOARD MEMBER

SIWEI ZOUBOARD MEMBER

TIMOTHY FOOBOARD CHAIR

LISA DELANBOARD MEMBER

BARBARA WALKOWSKITREASURER

JANE TOMBOARD MEMBER

JAN BUCKLEYBOARD MEMBER

JAMES FREEMANBOARD MEMBER

GARY GARABEDIANBOARD MEMBER

DIANE ZACKBOARD MEMBER

DAVID KREMEREXECUTIVE VICE CHAIR

CAROL DOLLSECRETARY

CAROL CASEYBOARD MEMBER

CARL KAUFMANBOARD MEMBER

CAMILLA SMITHVICE CHAIR

BRAD HARDIEBOARD MEMBER

BORA OZTURKBOARD MEMBER (THRU 1/31/25)

About this charity

Recognized since: January 1935
Location: 50 OAK ST, SAN FRANCISCO, CA 94102-6011
County: City and County of San Francisco
In care of: % SANF
Primary officer: REGINA LEE, V.P. FINANCE & ADMIN

How to reach them

WebsiteVisit the charity’s website Phone(415) 503-6431

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: HOOD & STRONG LLP
NTEE classification: Education (B430)