Culturehub
- Assets
- $251.1k
- Revenue
- $576.3k
- Investments
- $0.0
- Employees
- 14
- Location
- New York, NY
- Founding
- 06/2010
- Data as of
- 06/2024
- EIN
- 26-4692107
Organization Overview
Culturehub is located in New York, NY. The organization was established in 2010. 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 06/2024, Culturehub employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Culturehub 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 06/2024, Culturehub generated $576.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $578.6k during the year ending 06/2024. While expenses have increased by 4.5% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
CULTUREHUB IS A CENTER FOR ART & TECHNOLOGY THAT CONNECTS COMMUNITIES AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTUREHUB'S ARTISTIC PROGRAMS INCLUDES: THE ARTIST RESIDENCY PROGRAM WHICH SUPPORTS YEAR-LONG RESIDENCIES FOR ARTISTS CREATING,CURATING,AND WRITING ABOUT TECHNOLOGICALLY-INFORMED WORK; EXPERIMENTS IN DIGITAL STORYTELLING WHICH FOSTERS COLLABORATION BETWEEN ARTISTS AND TECHNOLOGISTS AS THEY DEVELOP STORY-DRIVEN NEW MEDIA PROJECTS; RE-FEST AN ANNUAL FESTIVAL WHICH BRINGS ARTISTS, ACTIVISTS, AND TECHNOLOGISTS TOGETHER FOR PERFORMANCES,EXHIBITIONS,CONVERSATIONS,AND WORKSHOPS THAT ENVISION OUR ROLE IN RE-SHAPING THE FUTURE; AND COLAB A FREE SERIES OF ART AND TECH WORKSHOPS FOR THE NEXT GENERATION OF CREATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Clark Artistic Dir | OfficerTrustee | 5 | $0 |
Frank Carucci Secretary | OfficerTrustee | 5 | $0 |
Catherine Filloux President | OfficerTrustee | 5 | $0 |
Ralph Samuelson Director | Trustee | 5 | $0 |
Jonathan Leifkowitz Treasurer | OfficerTrustee | 5 | $0 |
Paul Slee Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $79,510 |
| All other contributions, gifts, grants, and similar amounts not included above | $435,359 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $514,869 |
| Total Program Service Revenue | $42,100 |
| Investment income | $19,349 |
| 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 | $576,318 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $279,438 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,999 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,685 |
| Advertising and promotion | $18,883 |
| Office expenses | $23,303 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,641 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $930 |
| Insurance | $4,205 |
| All other expenses | $0 |
| Total functional expenses | $578,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,928 |
| Savings and temporary cash investments | $50,000 |
| Pledges and grants receivable | $45,000 |
| 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 | $2,354 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,789 |
| Total assets | $251,071 |
| Accounts payable and accrued expenses | $9,808 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,808 |
| Net assets without donor restrictions | $221,263 |
| Net assets with donor restrictions | $20,000 |
| 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 | $251,071 |