Bisemi Foundation Inc is a 501(c)(3) organization based in Oakland, California, registered in 2015, with $205,000 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$205K
▲ 0.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$233K
Net assets
-$34K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bisemi Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bisemi Foundation Inc: 0 mo reserves · -14% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bisemi Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bisemi Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $134K (FY2018) to $205K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-13.6%
Spent more than it raised in the latest fiscal year.
Total assets
-$34K
Total liabilities
$0
Net assets
-$34K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $205,000 | $232,809▼8.9% | -$34,020▼448% | -$34,020▼448% | 990 |
| 2023 | $205,000▲8.2% | $255,565▲64.8% | -$6,211▼114% | -$6,211▼114% | 990 |
| 2022 | $189,500▼0.3% | $155,098▼16.1% | $44,354▲346% | $44,354▲346% | 990EZ |
| 2021 | $190,000▼2.5% | $184,904▼15.1% | $9,952▲105% | $9,952▲105% | 990EZ |
| 2020 | $194,800▲45.0% | $217,843▲64.1% | $4,856▲211% | $4,856▲211% | 990EZ |
| 2018 | $134,319 | $132,757 | $1,562 | $1,562 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
7 grants to Bisemi Foundation Inc totaling $731K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| San Francisco Foundation | To provide technical assistance. for general support. | 2023 | $120,000 |
| San Francisco Foundation | Program - to support artistic hubs cohort. program - to support artistic hubs cohort and malonga arts collective. program - for general support. program - to support the administration and regranting of the hope sf small grants program. | 2022 | $215,000 |
| San Francisco Foundation | Program - for general operating and capacity building support for 13 anchoring arts organizations that are at risk of displacement. program - for general operating support of leadership development, capacity building, and investment in the african diaspora and immigrant arts and culture community. | 2021 | $120,000 |
| San Francisco Foundation | Program - core support and anti-displacement work with regional partners. | 2020 | $65,000 |
| San Francisco Foundation | To provide technical assistance for african diaspora and immigrant artists and small cultural arts organizations at risk of displacement. administer emergency funds to contra costa and alameda county working immigrant artists who have lost income and at risk of being displaced due to covid-19 and shelter-in-place crisis. | 2019 | $66,000 |
| San Francisco Foundation | Core support to increase a cultural arts organization'ss capacity to bring bay area communities together through the work of immigrant cultural artists, core support to increase a cultural arts organization's capacity to bring bay area communities together through the work of immigrant cultural artists and remain rooted in the communities they serve. | 2018 | $80,000 |
| San Francisco Foundation | To provide general support to a cultural arts organization that works with african diaspora immigrant and cultural artists. | 2017 | $65,000 |
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Data for Bisemi Foundation Inc (EIN 47-4354668) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.