Culturetrust Greater Philadelphia

Organization Overview

Culturetrust Greater Philadelphia is located in Philadelphia, PA. The organization was established in 2014. According to its NTEE Classification (A02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Culturetrust Greater Philadelphia employed 121 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Culturetrust Greater Philadelphia 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 06/2021, Culturetrust Greater Philadelphia generated $9.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.9% each year . All expenses for the organization totaled $4.4m during the year ending 06/2021. While expenses have increased by 21.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Culturetrust Greater Philadelphia has awarded 34 individual grants totaling $2,072,906. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES A CHARITABLE HOME & SHARED MANAGEMENT RESOURCES TO ARTS & HERITAGE PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CULTURETRUST GREATER PHILADELPHIA (THE "TRUST") IS AN INDEPENDENT CHARITABLE TRUST THAT WAS FORMED AND BEGAN OPERATIONS ON OCTOBER 1, 2013. THE TRUST PROVIDES AFFORDABLE BACK-OFFICE RESOURCES TO CHARITABLE PROJECTS WITHOUT THEIR OWN NON-PROFIT STATUS, OR EXISTING ORGANIZATIONS THAT SEEK TO INCREASE MANAGEMENT CAPACITY WHILE TRIMMING COSTS ON INSURANCE AND BACK-OFFICE EXPENSES. THE TRUST IS A DIRECT MANAGER AND ADMINISTRATOR FOR PROJECTS AND ORGANIZATIONS WORKING IN THE FINE AND PERFORMING ARTS, HERITAGE, HUMANITIES, JOURNALISM, DESIGN AND CREATIVE PRACTICES. THE BOARD-APPROVED MISSION OF THE TRUST IS "TO PROVIDE A CHARITABLE HOME AND AFFORDABLE SHARED MANAGEMENT RESOURCES TO ARTS AND HERITAGE PROGRAMS OF DIVERSE DISCIPLINES AND CULTURAL TRADITIONS."


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Board, Officers & Key Employees

Name (title)Compensation
Michael Norris
President
$0
Dave Elderkin
Treasurer
$0
Neville Vakharia
Secretary
$0
Gabrielle Wanamaker
Chief Commons Director
$0
Tailinh Agoyo
Member
$0
Marangeli Mejia-Rabell
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $523,333
All other contributions, gifts, grants, and similar amounts not included above$8,228,553
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,751,886
Total Program Service Revenue$679,795
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,431,681

Grants Awarded

Over the last fiscal year, Culturetrust Greater Philadelphia has awarded $719,384 in support to 10 organizations.

Grant RecipientAmount

BEARDED LADIES CABARET

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: GRANT FOR ARTS PROJECTS.

$328,278

HISTORY MAKING PRODUCTIONS

PURPOSE: GRANT FOR ARTS PROJECTS.

$150,606

LATIERRA PIPHUS

PURPOSE: GRANT FOR ARTS PROJECTS.

$97,468

THE CENTRE COUNTY WOMEN'S RESOURCE CENTER

PURPOSE: GRANT FOR ARTS PROJECTS.

$47,302

JUNIPER AGENCY LLC

PURPOSE: GRANT FOR ARTS PROJECTS.

$33,000

FRACTURED ATLAS INC

Org PageRecipient Profile

New York, NY

PURPOSE: GRANT FOR ARTS PROJECTS.

$18,359
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Culturetrust Greater Philadelphia has recieved totaling $5,863.

Awarding OrganizationAmount
Independence Public Media Of Philadelphia Inc

Philadelphia, PA

PURPOSE: BOARD OR STAFF DONATION

$3,000
Independence Public Media Of Philadelphia Inc

Philadelphia, PA

PURPOSE: TO SUPPORT CULTURE TRUST GREATER PHILADELPHIA'S ADMINISTRATIVE FEES ASSOCIATED WITH LOVE NOW MEDIA'S 2022 GRANT.

$2,863
View Grant Recipient Profile

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