Cultureverse
- Assets
- $132.4k
- Revenue
- $690.6k
- Investments
- $0.0
- Employees
- 12
- Location
- Ann Arbor, MI
- Founding
- Data as of
- 12/2023
- EIN
- 86-3938363
Organization Overview
Cultureverse is located in Ann Arbor, MI. 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 12/2023, Cultureverse employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cultureverse 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, Cultureverse generated $690.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $749.0k during the year ending 12/2023. While expenses have increased by 17.4% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WORKING WITH ARTISTS, MUSICIANS, CURATORS, STUDENTS, AND EDUCATORS, CULTUREVERSE CREATES VIRTUAL, THREE-DIMENSIONAL GALLERIES AND OTHER ONLINE EXHIBITS TO DISPLAY WORKS IN AN ENGAGING WAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAMS: CULTUREVERSE COMPLETED 30+ PROJECTS SERVING ARTISTS, EDUCATORS AND PRESERVATIONISTS ALONG WITH THE GENERAL PUBLIC. AS PART OF THESE PROJECTS, CULTUREVERSE BUILT 15+ CUSTOM VIRTUAL GALLERIES/EXHIBITS AND UTILIZED 3D SCANNING EQUIPMENT TO DIGITALLY CAPTURE AND PRESERVE SCANS OF OBJECTS AND PLACES. WE HOSTED 10+ IN-PERSON EVENTS IN OUR PHYSICAL GALLERY SPACE DRAWING OVER 1000 IN-PERSON VISITORS. WE ALSO HOSTED 10+ WORKSHOPS TO TRAIN PEOPLE IN THE CREATION OF VIRTUAL GALLERIES AND 3D SCANNING TECHNOLOGIES. CLOSE TO 100 PEOPLE WERE TRAINED THROUGH THESE WORKSHOPS. WE MADE THE PUBLIC AWARE OF OUR OFFERINGS THROUGH FOCUSED CONTENT AND SOCIAL MEDIA STRATEGIES. WE REGISTERED 12000 UNIQUE VISITORS TO OUR WEBSITE, AN INCREASE OF 5000 OVER THE PREVIOUS YEAR, AND HAVE OVER 1300 FOLLOWERS ON SOCIAL MEDIA, AND 2500 VIEWS OF OUR VIDEO CONTENT ON YOUTUBE. NON-CASH CONTRIBUTIONS, NOT TO BE LISTED ON SCHEDULE M, WHICH MADE THESE ACHIEVEMENTS POSSIBLE INCLUDED FACILITIES, LABOR, COMPUTER EQUIPMENT, AND WEB DESIGN SERVICES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aubrey Martinson Executive Director | Officer | 40 | $103,395 |
Jeff Machak Interim Executive Director | Officer | 40 | $34,167 |
Donald Hicks President | OfficerTrustee | 5 | $0 |
Diana Fleysher Treasurer | OfficerTrustee | 1 | $0 |
Paul Potter Secretary | OfficerTrustee | 1 | $0 |
Craig Wigley Key Advisor | Officer | 1 | $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 | $666,247 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $666,247 |
| Total Program Service Revenue | $0 |
| Investment income | $21,340 |
| 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 | $690,554 |
| 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. | $103,395 |
| Compensation of current officers, directors, key employees. | $27,678 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $293,312 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,436 |
| Payroll taxes | $32,570 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,340 |
| Fees for services: Accounting | $48,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,319 |
| Advertising and promotion | $12,089 |
| Office expenses | $28,378 |
| Information technology | $23,980 |
| Royalties | $0 |
| Occupancy | $3,364 |
| Travel | $26,348 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $342 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,485 |
| Insurance | $2,548 |
| All other expenses | $209 |
| Total functional expenses | $749,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,599 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $4,204 |
| Net Land, buildings, and equipment | $47,639 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $132,442 |
| Accounts payable and accrued expenses | $12,121 |
| 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 | $12,121 |
| Net assets without donor restrictions | $120,321 |
| 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 | $132,442 |