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Culturetrust Greater Philadelphia

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 463109411 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Culturetrust Greater Philadelphia?

Culturetrust Greater Philadelphia is a charitable trust established in October 2013, located in Philadelphia, Pennsylvania. Its primary mission is to offer affordable back-office support to various arts and heritage projects without their own non-profit status, or existing organizations seeking to enhance management capacity while reducing costs on insurance and back-office expenses. The trust directly manages and administers programs and organizations working in diverse disciplines and cultural traditions, including fine and performing arts, journalism, design, and creative practices. With a board-approved mission to serve as a charitable home and provide shared management resources, Culturetrust Greater Philadelphia supports a diverse range of arts and heritage programs in the Philadelphia area. The trust currently employs 104 individuals.


Official website here: www.culturetrustphila.org

Is Culturetrust Greater Philadelphia legitimate?

Culturetrust Greater Philadelphia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Culturetrust Greater Philadelphia 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,543,756

For more financial information, click here


Official website here: www.culturetrustphila.org

What is the mission statement of Culturetrust Greater Philadelphia?

CultureTrust Greater Philadelphia serves as a charitable home, providing affordable shared management resources to various arts and heritage programs. These programs span across diverse disciplines and cultural traditions. The organization's mission is to offer back-office support to charitable projects lacking non-profit status, as well as existing organizations looking to enhance their management capacity while reducing costs on insurance and back-office expenses. The Trust directly manages and administers projects and organizations working in the fine and performing arts, heritage, humanities, journalism, design, and creative practices, all with the aim of providing a charitable home and cost-effective shared management resources.


Official website here: www.culturetrustphila.org

Who is the CEO of Culturetrust Greater Philadelphia?

Mark Comerota is the President of Culturetrust Greater Philadelphia.


Official website here: www.culturetrustphila.org

What is the revenue of Culturetrust Greater Philadelphia?

Culturetrust Greater Philadelphia's revenue in 2022 was $4,320,845.


Official website here: www.culturetrustphila.org

Who are the executives of Culturetrust Greater Philadelphia and what are their salaries?

The average compensation at Culturetrust Greater Philadelphia during 2022 was $24,459. There are 104 employees and 50 volunteers at Culturetrust Greater Philadelphia.

Here are 7 key members and their salaries:

    Michael Norris (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Elderkin (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neville Vakharia (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tailinh Agoyo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dawn Frisby Beyers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roberta Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marangeli Mejia-Rabell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.culturetrustphila.org

    Where can I find the form 990 for Culturetrust Greater Philadelphia?

    The Culturetrust Greater Philadelphia’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.culturetrustphila.org

    Learn more at the official website: www.culturetrustphila.org

    Mission Statement of Culturetrust Greater Philadelphia

    Culturetrust Greater Philadelphia, as an independent charitable trust, serves as a generous home and offers affordable shared management resources to a diverse range of arts and heritage programs. With a mission deeply rooted in cultural diversity and various disciplines, this organization provides a charitable space for projects and organizations working in the realms of fine and performing arts, heritage, humanities, journalism, design, and creative practices. By offering back-office resources to charitable projects lacking their own non-profit status, or existing organizations aiming to increase management capacity while reducing costs on insurance and back-office expenses, Culturetrust Greater Philadelphia plays a pivotal role in supporting the thriving and sustainable growth of these vital cultural initiatives.

    Impact

    This information is meant to be a general summary of Culturetrust Greater Philadelphia. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Culturetrust Greater Philadelphia's impact is evident in its provision of affordable back-office resources to charitable projects within the arts and heritage sectors. By offering shared management resources, the organization enables these programs to increase their management capacity while reducing costs associated with insurance and back-office expenses. This support not only helps sustain and strengthen these cultural initiatives but also contributes to the preservation and promotion of diverse artistic disciplines and cultural traditions in the Philadelphia area.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $653,185
  • Gross Receipts: $4,320,845

    • Assets and Liabilities:
  • Total Assets: $4,021,484
  • Total Liabilities: $664,274
  • Net Assets: $3,357,210
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROFESSIONAL FEES

    Revenue

    $330,894

    OTHER INCOME

    Revenue

    $198,741

    ADMISSION SALES

    Revenue

    $123,550

    Organization Details

    Founding Year

    2013

    Principal Officer

    Mark Comerota

    Main Address

    1315 WALNUT STREET 320, PHILADELPHIA, PA, 19107

    NTEE Category

    Code: A02 - Arts

    If you are a representative of Culturetrust Greater Philadelphia 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.