Public Trust
- Assets
- $466.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 08/2003
- Data as of
- 06/2022
- EIN
- 01-0754956
Organization Overview
Public Trust is located in Philadelphia, PA. The organization was established in 2003. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Public Trust generated $125.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $112.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ORGANIZED A SERIES OF FREE EXHIBITIONS AND EDUCATIONAL PROGRAMS THAT REACHED THOUSANDS OF PEOPLE LOCALLY, IN THE WORLD AND ONLINE. THESE PROGRAMS ENGAGED LOCAL COMMUNITIES AND ARTISTIC AND ACADEMIC PUBLICS AND EXPLORED SOCIO-CULTURAL ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eduardo Cadava President | 1 | $0 | |
Michelle Coffey Secretary | 1 | $0 | |
Aaron Levy Executive Director And Ex Officio | 40 | $0 | |
Katherine Carl Director | 1 | $0 | |
David Kim Director | 1 | $0 | |
Sina Najafi Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,765 |
| Total Program Service Revenue | $17,308 |
| Membership dues | $0 |
| Investment income | $1,050 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,123 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $88,230 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,117 |
| Other expenses | $21,778 |
| Total expenses | $112,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,077 |
| Other assets | $0 |
| Total assets | $466,346 |
| Total liabilities | $3,418 |
| Net assets or fund balances | $462,928 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Public Trust has recieved totaling $11,069.
| Awarding Organization | Amount |
|---|---|
Jkw Foundation Tr Ua 092597 New York, NY PURPOSE: MEMORY STUDIO PROJECT LED BY BREANNA MOORE AND MALKIA OKECH | $10,000 |
Independence Public Media Of Philadelphia Inc Philadelphia, PA PURPOSE: BOARD OR STAFF DONATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $69 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Glenstone Foundation Potomac, MD | $0 | $596,667,510 |
The Andy Warhol Foundation For The Visual Arts Inc New York, NY | $375,628,094 | $51,526,373 |
Painting Industry Insurance Fund Strongsville, OH | $10,051,774 | $13,147,287 |
The American Ceramic Society Inc Westerville, OH | $14,880,081 | $7,163,335 |
Production Industrial Tech Textile & Prof Employees Loc 124 Wlfr Fund Valhalla, NY | $838,103 | $5,998,825 |
Lily Auchincloss Foundation Inc New York, NY | $46,827,043 | $6,935,321 |
Solow Art And Architecture Foundation New York, NY | $241,786,081 | $29,285,009 |
Municipal Art Society Of New York New York, NY | $12,093,728 | $3,370,052 |
The Wildenstein Plattner Institute New York, NY | $1,898,409 | $4,064,152 |
Museum Of Contemporary Art Cleveland Cleveland, OH | $27,997,238 | $2,174,653 |
Drawing Center Inc New York, NY | $11,094,197 | $3,697,448 |
Glass City Academy Toledo, OH | $3,212,958 | $2,938,051 |