Philadelphia Contemporary
- Assets
- $2.1m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 16
- Location
- Philadelphia, PA
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 81-1252189
Organization Overview
Philadelphia Contemporary is located in Philadelphia, PA. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Philadelphia Contemporary employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Contemporary 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 12/2021, Philadelphia Contemporary generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE CONNECT THE PEOPLE AND PLACES OF PHILADELPHIA THROUGH ART AND PARTNERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH AN EMPHASIS ON PARTNERSHIP AND COLLABORATIONS, THE ORGANIZATION AIMS TO BRING INNOVATIVE CONTEMPORARY ART TO PHILADELPHIA'S COMMUNITIES AND MOUNTS A PROGRAM OF TEMPORARY, ROTATING EXHIBITIONS, PERFORMANCES, AND PROJECTS THAT EMPHASIZE RELEVANT, EXPERIMENTAL, AND UNEXPECTED WORK FROM LOCAL, NATIONAL, AND INTERNATIONAL ARTISTS. OUR PROJECT EXPENSES ARE FOCUSED ON DEVELOPING A LONG TERM HOME FOR PC; THESE PLANS HAVE EVOLVED TO FOCUS ON AN INNOVATIVE, ENVIRONMENTALLY-SUSTAINABLE, NET-ZERO, FLOATING GALLERY ON THE DELAWARE RIVER.
COMMONWEALTH IS A COLLABORATIVE PROJECT BETWEEN PHILADELPHIA CONTEMPORARY, BETA-LOCAL IN SAN JUAN, PUERTO RICO, AND THE INSTITUTE FOR CONTEMPORARY ART AT VIRGINIA COMMONWEALTH UNIVERSITY IN RICHMOND, VIRGINIA, THAT INVESTIGATES THE HISTORY, UTOPIAN POTENTIAL, AND LIMITATIONS OF THE WORD "COMMONWEALTH." THE MULTI-FACETED PROJECT INCLUDES ARTIST COMMISSIONS BY FIRELEI BEZ, CAROLINA CAYCEDO, DURON CHAVIS, ALICIA DAZ, SHARON HAYES, TANYA LUKIN LINKLATER, NELSON RIVERA, MONICA RODRIGUEZ, AND THE CONCILIATION PROJECT; A SERIES OF ONLINE PROGRAMS; A SUBSTANTIAL REGRANTING PROGRAM AND COMMUNITY ENGAGEMENT PROCESS IN PHILADELPHIA; AND A THREE-ISSUE ONLINE PUBLICATION WHICH CAN BE FOUND AT COMMONWEALTHS.ART.
THE VELOCITY FUND IS A REGRANTING PROGRAM DIRECTING SUPPORT FROM THE ANDY WARHOL FOUNDATION TO EMERGING PHILADELPHIA ARTISTS.
$26,874 - THE UPCOMING CONVALESCENCE PROJECT BY ARTIST PEPON OSORIO THAT WILL COLLABORATIVELY CREATE A NEW INSTALLATION AND PUBLIC PROGRAMMING SERIES GROUNDED IN THE FRAGILITY OF LIFE EXPOSED TO MANY COMMUNITIES OF COLOR DUE TO THE SYSTEMIC FAILURE OF THE US HEALTHCARE SYSTEM.$123,020 - WATER MARKS, AN ONGOING SERIES OF SCULPTURE INSTALLATIONS AND PERFORMANCE ART PIECES CELEBRATING THE RICH HISTORY AND FRAGILE FUTURE OF THE PHILADELPHIA WATERFRONT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Philbrick President | OfficerTrustee | 40 | $200,000 |
Judith Thomas Chief Of Staff | 40 | $140,000 | |
Yolanda Palacio Co-Dir Of Curatorial Program | 40 | $140,000 | |
Robert Blackson Co-Dir Of Curatorial Program | 40 | $110,000 | |
Samuel Olshin Secretary | OfficerTrustee | 0.25 | $0 |
Jenny Bogoni Treasurer | OfficerTrustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Team Design Studio Llc Website And Graphic Redesign | 12/30/21 | $110,380 |
Atkin Olshin Schade Architects (Aos) Architectural Planning | 12/30/21 | $138,536 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $271,042 |
| All other contributions, gifts, grants, and similar amounts not included above | $885,822 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,156,864 |
| Total Program Service Revenue | $5,427 |
| Investment income | $1,184 |
| 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 | $1,163,475 |
| 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. | $200,000 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $761,019 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,402 |
| Payroll taxes | $65,889 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,381 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $354,727 |
| Advertising and promotion | $160,084 |
| Office expenses | $31,720 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,364 |
| Travel | $4,420 |
| 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 | $668 |
| Insurance | $8,650 |
| All other expenses | $0 |
| Total functional expenses | $2,078,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,690 |
| Savings and temporary cash investments | $1,747,248 |
| Pledges and grants receivable | $173,913 |
| 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 | $7,941 |
| Net Land, buildings, and equipment | $1,472 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $160,626 |
| Total assets | $2,094,890 |
| Accounts payable and accrued expenses | $94,186 |
| 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 | $94,186 |
| Net assets without donor restrictions | $1,629,838 |
| Net assets with donor restrictions | $370,866 |
| 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 | $2,094,890 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Philadelphia Contemporary has recieved totaling $657,844.
| Awarding Organization | Amount |
|---|---|
Andrew W Mellon Foundation New York, NY PURPOSE: TO SUPPORT A COLLABORATIVE MULTIMEDIA INSTALLATION LED BY ARTIST PEPON OSORIO | $250,000 |
University Of The Arts Philadelphia, PA PURPOSE: ARTS AND CULTURAL PROJECTS | $127,844 |
The Andy Warhol Foundation For The Visual Arts Inc New York, NY PURPOSE: WARHOL RE-GRANTING INITIATIVE | $100,000 |
William Penn Foundation Philadelphia, PA PURPOSE: IDENTIFY METHODS FOR RESPONSIBLY, EQUITABLY, AND SENSITIVELY DE-ACCESSION A MUSEUM COLLECTION. | $70,000 |
Yaverland Foundation Inc Montchanin, DE PURPOSE: CHARITABLE | $60,000 |
William Penn Foundation Philadelphia, PA PURPOSE: RELIEF AND RECOVERY SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Springboard Collaborative Philadelphia, PA | $12,671,655 | $22,795,961 |
Christs Home Warminster, PA | $89,380,042 | $18,912,760 |
Family And Childrens Association Garden City, NY | $18,906,082 | $21,671,282 |
Innocence Project Inc New York, NY | $73,728,840 | $39,853,614 |
Agency For Community Empowerment Of Nepa Scranton, PA | $6,588,255 | $19,491,125 |
Corus International Inc Baltimore, MD | $10,612,047 | $34,455 |
Ahavat Yisroel Humanity Inc Brooklyn, NY | $8,284,254 | $21,769,721 |
Stark County Community Action Agency Canton, OH | $8,005,138 | $17,758,895 |
Community Action Organization Of Scioto County Inc Portsmouth, OH | $5,541,506 | $17,941,143 |
Catholic Family & Community Services Clifton, NJ | $3,341,340 | $18,611,591 |
Onesight Mason, OH | $26,405,119 | $15,913,386 |
Ohio Heartland Community Action Marion, OH | $4,922,800 | $17,262,322 |