Twelve Gates Arts
- Assets
- $209.9k
- Revenue
- $308.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Philadelphia, PA
- Founding
- 09/2012
- Data as of
- 12/2023
- EIN
- 45-2976134
Organization Overview
Twelve Gates Arts is located in Philadelphia, PA. The organization was established in 2012. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Twelve Gates Arts employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twelve Gates Arts 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 12/2023, Twelve Gates Arts generated $308.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $257.9k during the year ending 12/2023. While expenses have increased by 11.2% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TWELVE GATES ARTS, ESTABLISHED IN 2011, IS A NON-PROFIT ORGANIZATION BASED IN PHILADELPHIA, PENNSYLVANIA. THE "GATES" REFER TO THE FORTIFIED GATES THAT WALLED MANY ANCIENT CITIES- INSIDE WHICH LAY THE HEART OF EACH CITY'S ART AND CULTURE. TWELVE GATES ARTS AIMS TO PROMOTE SOUTH & WEST ASIAN DIASPORIC ARTISTIC VOICES WITHIN THE LOCAL CULTURAL LANDSCAPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TWELVE GATES ARTS AIMS TO SHOWCASE INTERNATIONAL MULTIDISCIPLINARY ARTS BOUND BY THE SENSIBILITIES OF A DIASPORIC IDENTITY, ESPECIALLY THE SOUTH ASIAN IDENTITY, AND TO CREATE AND PROMOTE PROJECTS IN THE COMMUNITY THAT CROSS GEOGRAPHIC AND CULTURAL BOUNDARIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aisha Zia Khan Exec Dir./pr | OfficerTrustee | 40 | $64,992 |
Carl Capista Treasurer | Trustee | 2 | $0 |
Mehrin Masud-Elias Esquire Secretary | OfficerTrustee | 5 | $0 |
Donna Ostroff Director | Trustee | 4 | $0 |
Farvah Shah Director | Trustee | 8 | $0 |
Atif Sheikh Director | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $256,497 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,497 |
| Total Program Service Revenue | $28,383 |
| 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 | $23,704 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $308,584 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $48,930 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,992 |
| Compensation of current officers, directors, key employees. | $19,498 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,253 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,068 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,756 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,629 |
| Advertising and promotion | $2,049 |
| Office expenses | $5,826 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,016 |
| Travel | $782 |
| 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 | $2,754 |
| Insurance | $5,212 |
| All other expenses | $1,608 |
| Total functional expenses | $257,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,393 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $4,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,536 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $209,929 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $209,929 |
| Net assets with donor restrictions | $0 |
| 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 | $209,929 |