Fringearts

Organization Overview

Fringearts is located in Philadelphia, PA. The organization was established in 1998. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Fringearts employed 115 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fringearts 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 12/2020, Fringearts generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (13.2%) 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO IMPLEMENT CHARITABLE AND EDUCATIONAL ACTIVITIES THROUGH PRESENTATION OF PERFORMING ARTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING EDUCATIONAL AND CULTURAL EVENTS THROUGH THE PRODUCTION OF PERFORMING ARTS IN THE PHILADELPHIA, PENNSYLVANIA AREA.


FRINGEARTS RECEIVED DONATED GOODS AND SERVICES FROM SEVERAL SOURCES WHICH WAS VALUED AT APPROXIMATELY 5,000.


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Board, Officers & Key Employees

Name (title)Compensation
Nick Stuccio
Pres & Produ
$147,738
Amy Kurzban
General Mana
$86,885
Melissa Bridge
Director Of
$86,808
Richard Vague
Chair
$0
Jennifer Bohnenberger
Vice Chair/s
$0
Lisa Young
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wm Proud Masonry Restoration Co
Contractor
$209,025
Pomegranate Arts
Contractor
$187,186
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $197,454
All other contributions, gifts, grants, and similar amounts not included above$1,349,505
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,546,959
Total Program Service Revenue$192,685
Investment income $454
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 $1,740,098

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Fringearts has recieved totaling $20,000.

Awarding OrganizationAmount
Raynier Institute & Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$20,000
View Grant Recipient Profile

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