The Village Arts And Humanities
- Assets
- $11.5m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 17
- Location
- Philadelphia, PA
- Founding
- 06/1990
- Data as of
- 06/2023
- EIN
- 22-3045318
Organization Overview
The Village Arts And Humanities is located in Philadelphia, PA. The organization was established in 1990. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 06/2023, Village Arts And Humanities employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Arts And Humanities 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 06/2023, Village Arts And Humanities generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $2.9m during the year ending 06/2023. While expenses have increased by 16.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO AMPLIFY THE VOICES AND ASPIRATIONS OF THE COMMUNITY BY PROVIDING ARTS-BASED OPPORTUNITIES FOR SELF-EXPRESSION AND PERSONAL SUCCESS THAT ENGAGE OUR NORTH PHILADELPHIA COMMUNITY, REVITALIZE PHYSICAL SPACE, AND PRESERVE BLACK HERITAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTS AND YOUTH LEADERSHIP: TO SUPPORT YOUNG PEOPLE TO ENTER THE WORKFORCE AND POSTSECONDARY EDUCATION AS CREATIVE PROBLEM SOLVERS AND SOCIAL INNOVATORS.
ARTS AND SOCIAL JUSTICE: TO EQUIP OUR COMMUNITY WITH THE KNOWLEDGE, SKILLS, AND RESOURCES NECESSARY TO TRANSFORM OR ERADICATE UNJUST SYSTEMS.
ARTS AND EQUITABLE NEIGHBORHOOLD REVITALIZATION: TO MODEL AND PROMOTE NEIGHBORHOOD REVITALIZATION EFFORTS THAT DELIVER OPPORTUNITIES FOR SHARED EQUITY OWNERSHIP; ESTABLISH PERMANENT AFFORDABILITY OF PUBLIC PROPERTY; AND CREATE BEAUTIFUL, GREEN, AND ASPIRATIONAL PUBLIC SPACES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aviva Kapust Executive Director | Officer | 32.35 | $139,808 |
Alan Jacobson Board President | OfficerTrustee | 8 | $0 |
Saul Behar Board Vice President | OfficerTrustee | 1.5 | $0 |
Curtis Parchment Board Treasurer | OfficerTrustee | 3 | $0 |
Melinda Watts Board Member | Trustee | 8 | $0 |
Sally Harrison Board Member | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $241,035 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,633,534 |
| Noncash contributions included in lines 1a–1f | $25,487 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,874,569 |
| Total Program Service Revenue | $55,730 |
| Investment income | $200,139 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,748 |
| Net Gain/Loss on Asset Sales | -$9,665 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,130,521 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $80,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $113,240 |
| Compensation of current officers, directors, key employees. | $79,268 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $873,442 |
| Pension plan accruals and contributions | $4,577 |
| Other employee benefits | $118,136 |
| Payroll taxes | $94,502 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $335,678 |
| Advertising and promotion | $182,815 |
| Office expenses | $71,098 |
| Information technology | $4,920 |
| Royalties | $0 |
| Occupancy | $38,730 |
| Travel | $27,947 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,779 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $147,106 |
| Insurance | $110,612 |
| All other expenses | $1,020 |
| Total functional expenses | $2,919,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $569,924 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,874,944 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,820 |
| Net Land, buildings, and equipment | $2,370,829 |
| Investments—publicly traded securities | $5,619,111 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,000 |
| Total assets | $11,508,628 |
| Accounts payable and accrued expenses | $225,229 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $56,600 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $375,000 |
| Total liabilities | $656,829 |
| Net assets without donor restrictions | $6,396,566 |
| Net assets with donor restrictions | $4,455,233 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,508,628 |