Keep SF Music Scene Alive. Support F8 Nightclub
Donation protected
Hello F8 community,
F8 was built to provide a creative safe space for all people and to help build our community of art and music lovers together. Throughout the years our focus was to create a space where art lives and thrives. The events are usually focused on culture and not necessarily maximizing revenue and profits. Our generosity over the years may be our downfall, so this is our call for help.
We have recently been randomly audited for and informed that we owe a massive amount more on sales tax.
Why is this happening?
Basically, the tax board assumes we're making way more money than we are because of the amount of product we purchase. The tax board uses a standard mark up formula to assume the revenue we should be generating based on our liquor purchases. And based on that formula, they determined our revenue should have been much higher than it was. Customer loyalty has always been big for us which is why we provided discounts and specials to our patrons.
We believe our community is still strong and we don't want to see another corporate entity open up in our stead! If you have any recommendations or advice that is absolutely welcomed as well (please email us [email redacted]). We would love to continue on for many years to come as many of our patrons and staff are like our family. We have been there for our community through its joys and heartaches and we hope you guys can be there for us too. Regardless of this burden, we wouldn't exist without everyone's love and support over the last decade. We thank you and love you all.
F8 was built to provide a creative safe space for all people and to help build our community of art and music lovers together. Throughout the years our focus was to create a space where art lives and thrives. The events are usually focused on culture and not necessarily maximizing revenue and profits. Our generosity over the years may be our downfall, so this is our call for help.
We have recently been randomly audited for and informed that we owe a massive amount more on sales tax.
Why is this happening?
Basically, the tax board assumes we're making way more money than we are because of the amount of product we purchase. The tax board uses a standard mark up formula to assume the revenue we should be generating based on our liquor purchases. And based on that formula, they determined our revenue should have been much higher than it was. Customer loyalty has always been big for us which is why we provided discounts and specials to our patrons.
We believe our community is still strong and we don't want to see another corporate entity open up in our stead! If you have any recommendations or advice that is absolutely welcomed as well (please email us [email redacted]). We would love to continue on for many years to come as many of our patrons and staff are like our family. We have been there for our community through its joys and heartaches and we hope you guys can be there for us too. Regardless of this burden, we wouldn't exist without everyone's love and support over the last decade. We thank you and love you all.
Fundraising team: F8 (4)
F8 Nightclub
Organizer
San Francisco, CA
Eyo Kassa
Team member
Mitch Matsuno
Team member
Amir Raad
Team member
