Overview
What is The Philadelphia Cultural Fund Inc?
The Philadelphia Cultural Fund Inc, established by the city of Philadelphia, serves as a grant-making entity that aids local arts organizations. Its primary role involves reviewing applications submitted by potential grantee organizations, requiring proof of 501(C)(3) status and related financial documents. Organizations without this status can apply through an approved fiscal sponsor. The fund demonstrated its commitment by granting support to 283 Philadelphia arts organizations and programs, showcasing its dedication to the city's cultural scene. Based in Philadelphia, Pennsylvania, the organization operates with a modest workforce of three individuals.
Official website here: www.philaculturalfund.org
Is The Philadelphia Cultural Fund Inc legitimate?
The Philadelphia Cultural Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Philadelphia Cultural Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $96,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,908
For more financial information, click here
Official website here: www.philaculturalfund.org
What is the mission statement of The Philadelphia Cultural Fund Inc?
The Philadelphia Cultural Fund Inc was established with the purpose of conducting grant-making activities and offering assistance to local arts organizations. Its primary mission is to support these artistic entities by providing financial aid. To be eligible for grants, applicant organizations must possess a valid 501(C)(3) status, submit their Form 990 and related financial statements, and maintain an operational address within the city. Organizations without 501(C)(3) status can still apply through an approved fiscal sponsor. In the 202X fiscal year, grants were awarded to 283 Philadelphia arts organizations and programs.
Official website here: www.philaculturalfund.org
Who is the CEO of The Philadelphia Cultural Fund Inc?
Caralyn Spector is the President of The Philadelphia Cultural Fund Inc.
Official website here: www.philaculturalfund.org
What is the revenue of The Philadelphia Cultural Fund Inc?
The Philadelphia Cultural Fund Inc's revenue in 2022 was $3,557,829.
Official website here: www.philaculturalfund.org
Who are the executives of The Philadelphia Cultural Fund Inc and what are their salaries?
The average compensation at The Philadelphia Cultural Fund Inc during 2022 was $49,542. There are 3 employees and 18 volunteers at The Philadelphia Cultural Fund Inc.
Here are 16 key members and their salaries:
- Magda Martinez (President) [Trustee/Director]
- Dawn Frisby Byers (Vice Preside) [Trustee/Director]
- Valerie Gay (Treasurer) [Trustee/Director]
- Ken Metzner (Secretary) [Trustee/Director]
- Neville Vakharia (Director)
- David Oh (Director)
- James Claiborne (Director)
- Nicole Allen White (Director)
- Michael O'Bryan (Director)
- Cindy Bass (Director)
- Mark Squilla (Director)
- Derek Green (Director)
- John Orr (Director)
- Kelli Paul (Director)
- Michelle Currica (Director)
- Laneshe Miller-White (Director)
Official website here: www.philaculturalfund.org
Where can I find the form 990 for The Philadelphia Cultural Fund Inc?
The The Philadelphia Cultural Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.philaculturalfund.org
Learn more at the official website: www.philaculturalfund.org
Mission Statement of The Philadelphia Cultural Fund Inc
The Philadelphia Cultural Fund, established by the city, is dedicated to conducting grant-making activities and offering assistance to local arts organizations. Its mission is centered around supporting these artistic entities financially and contributing to their growth. To be eligible for funding, organizations must submit applications, providing proof of their 501(c)(3) tax-exempt status, copies of their Form 990, and financial statements. The applicant's physical address within Philadelphia is also a requirement. Organizations without 501(c)(3) status can still apply through an approved fiscal sponsor. In the 2022 fiscal year, grants were awarded to 283 Philadelphia-based arts organizations and programs.
Impact
This information is meant to be a general summary of The Philadelphia Cultural Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Philadelphia Cultural Fund Inc plays a vital role in supporting the flourishing arts community in Philadelphia by providing grants and assistance to local arts organizations. With a mission to foster a vibrant cultural scene in the city, the fund has made a significant impact by awarding grants to 283 Philadelphia arts organizations and programs. This support helps these organizations to thrive, create innovative works, and enrich the cultural landscape of Philadelphia.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1992
Phone
(267) 419-7641
Principal Officer
Caralyn Spector
Main Address
30 SOUTH 15TH STREET 15TH FLOOR, PHILADELPHIA, PA, 19102
Website
www.philaculturalfund.org
NTEE Category
Code: A120 - Arts
If you are a representative of The Philadelphia Cultural Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.