Pennsylvania Avenue Black Arts And Entertainment District Inc
- Assets
- $259.4k
- Revenue
- $716.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Baltimore, MD
- Founding
- Data as of
- 12/2022
- EIN
- 84-4432820
Organization Overview
Pennsylvania Avenue Black Arts And Entertainment District Inc, operating under the name Black Arts District, is located in Baltimore, MD. 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 12/2022, Black Arts District employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Arts District 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 12/2022, Black Arts District generated $716.8k in total revenue. All expenses for the organization totaled $587.6k during the year ending 12/2022. While expenses have increased by 80.0% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE ARTS AND ENTERTAINMENT ACTIVITIES OF THE PENNSYLVANIA AVENUE BLACK ARTS AND ENTERTAINMENT DISTRICT TO THE GREATER PUBLIC, AND TO PROMOTE THE AVAILABILITY OF THE DISTRICTS TAX BENEFITS TO ARTISTS, ARTS OR ENTERTAINMENT VENUES, AND PROPERTY OWNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROJECT RESTART IS A MULTI-PRONG INITIATIVE TO RESTIMULATE THE CREATIVE ECONOMY IN WEST BALTIMORE BY SPONSORING LOCAL CURATORS WHO CREATE ARTS, ENTERTAINMENT AND CULTURAL EXPERIENCES, CURATING MARQUEE EVENTS AND PROVIDING TRAINING, FELLOWSHIP, INTERNSHIPS, AND DEVELOPMENT AND NETWORKING OPPORTUNITIES FOR BLACK CREATIVES. THIS INITIATIVE SEEKS TO REDUCE THE NEGATIVE ECONOMIC IMPACTS OF THE COVID 19 PANDEMIC, SPEED UP RECOVERY EFFORTS FOR THE ARTS AND CULTURAL COMMUNITY, AND LEVERAGE RESOURCES AS A CATALYST FOR THE LONG-TERM RESILIENCE, VIBRANCY, AND SUSTAINABILITY OF BLACK CREATIVES.
THE HISTORICAL PHOTOGRAPHY PROJECT (HPP), A MULTITIERED CREATIVE PLACEMAKING INITIATIVE DESIGNED TO COUNTER HISTORIES OF DISINVESTMENT THAT HAVE EXACERBATED THE LOSS OF CULTURAL MEMORY FOR COMMUNITIES IN THE PENNSYLVANIA AVENUE CORRIDOR OF WEST BALTIMORE. HPP WILL ENCOURAGE PHOTOGRAPHERS AND RESIDENTS LIVING IN WEST BALTIMORE TO CONTRIBUTE PHOTOGRAPHS FROM THEIR PERSONAL ARCHIVES AND TO CREATE NEW IMAGES THAT CONTEXTUALIZE THE HISTORY, PRESENT AND FUTURE OF WEST BALTIMORE. HPP SEEKS TO REIMAGINE BLIGHTED HISTORIC SITES ALONG THE PENNSYLVANIA AVENUE CORRIDOR IN WEST BALTIMORE BY DESIGNING AND INSTALLING PERMANENT PHOTOGRAPHIC BANNERS, DEVELOPING AN INNOVATIVE, INTERACTIVE AND ACCESSIBLE WEB-BASED ARCHIVE AND ORAL HISTORY TOOL FOR THE CAPTURE AND REPOSITORY OF BLACK CULTURAL MEMORY IN WEST BALTIMORE, AND RENDERING AN ENGAGING EDUCATIONAL TOOLKIT FOR K-12 INSTITUTIONS, NONPROFITS AND COMMUNITY MEMBERS IN AND BEYOND BALTIMORE, MD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dayvon Love President | OfficerTrustee | 0 | $0 |
John Harris Vice President | OfficerTrustee | 0 | $0 |
Candace Handy Secretary | OfficerTrustee | 0 | $0 |
Todd Marcus Tresurer | OfficerTrustee | 0 | $0 |
Candace Chance Director | Trustee | 0 | $0 |
Shvilla Rasheem Director | Trustee | 0 | $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 | $614,862 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $614,862 |
| Total Program Service Revenue | $101,936 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $716,798 |
| 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. | $78,485 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,081 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,715 |
| Payroll taxes | $13,063 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,000 |
| Fees for services: Accounting | $7,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $133,359 |
| Advertising and promotion | $4,632 |
| Office expenses | $9,635 |
| Information technology | $9,392 |
| Royalties | $0 |
| Occupancy | $21,616 |
| Travel | $1,926 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,226 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,856 |
| Insurance | $2,383 |
| All other expenses | $1,484 |
| Total functional expenses | $587,603 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,658 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $116,657 |
| 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 | $0 |
| Net Land, buildings, and equipment | $15,312 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,774 |
| Total assets | $259,401 |
| Accounts payable and accrued expenses | $1,496 |
| 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 | $25,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,496 |
| Net assets without donor restrictions | $232,905 |
| 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 | $259,401 |