Samuel S Fleisher Art Memorial Inc

Organization Overview

Samuel S Fleisher Art Memorial Inc, operating under the name Fleisher Art Memorial, is located in Philadelphia, PA. The organization was established in 1983. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Fleisher Art Memorial employed 143 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fleisher Art Memorial 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, Fleisher Art Memorial generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OPERATE & MAINTAIN A SCHOOL OF ART & MUSEUM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

YEAR-ROUND LOW-COST AND TUITION-FREE STUDIO CLASSES ONSITE AND ONLINE FOR ADULTS AND YOUTH, AND FREE DROP-IN PROGRAM FOR TEENS.


RESIDENCIES IN PUBLIC SCHOOLS AND COMMUNITY CENTERS FEATURING THEMED CURRICULUM-RELATED PROJECTS, NEIGHBORHOOD VISITS BY MOBILE ART STUDIO, AN ANNUAL ART FESTIVAL, AND DIA DE LOS MUERTOS CELEBRATION.


EXHIBITIONS OF JURIED LOCAL PROFESSIONAL ARTISTS, FACULTY AND STUDENTS,AND RELATED PROGRAMMING.


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Board, Officers & Key Employees

Name (title)Compensation
Elizabeth Grimaldi-Term 81821
Executive Director
$92,490
Deborah Johnston
Treasurer
$0
Mark B Goodheart ESQ
President
$0
Kevin Dow
Secretary
$0
William Becker
Vice President
$0
Melissa Blanton
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$42,340
Fundraising events$25,000
Related organizations$619,225
Government grants $102,600
All other contributions, gifts, grants, and similar amounts not included above$730,928
Noncash contributions included in lines 1a–1f $15,163
Total Revenue from Contributions, Gifts, Grants & Similar$1,520,093
Total Program Service Revenue$685,818
Investment income $34,797
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $29,201
Net Gain/Loss on Asset Sales $143,320
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,413,309

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Samuel S Fleisher Art Memorial Inc has recieved totaling $243,148.

Awarding OrganizationAmount
Philadelphia Foundation

Philadelphia, PA

PURPOSE: GENERAL OPERATING SUPPORT

$135,250
University Of The Arts

Philadelphia, PA

PURPOSE: ARTS AND CULTURAL PROJECTS

$90,000
Henry L Kimelman Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$10,000
Good360

Alexandria, VA

PURPOSE: TO ASSIST THOSE IN NEED.

$7,898
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,538,253
Earnings$1,437,139
Net Contributions$156,629
Other Expense$259,164
Ending Balance$5,872,857

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